8,636
RevenueRp B
5,913
6,181
6,465
6,733
6,862
7,243
7,685
7,955
8,166
8,419
9,522
4.18%
4.22%
74
10.63
Revenue growth%
4.52
6.22
9.15
8.59
10.96
13.10
15.44
15.38
17.97
19.78
26.89
15.44
12.03
61
7.79
Gross margin%
19.76
20.37
22.18
19.57
20.91
22.66
24.29
26.97
25.15
25.38
5.72
25.15
22.42
85
7.88
Operating margin%
18.56
17.81
16.19
15.62
14.77
14.64
16.98
15.39
14.45
14.67
16.43
14.67
15.51
73
26.92
Net margin%
34.33
34.02
33.25
34.62
31.79
29.59
27.42
25.88
23.52
22.23
24.71
25.88
30.69
20
12.02
P/E ratio (avg)x
45.53
44.39
48.83
47.73
50.42
52.38
56.68
61.74
64.34
64.01
34.73
61.74
51.40
87
25.05
EV/EBITx
18.94
20.51
19.08
20.77
19.58
19.32
18.87
18.57
18.77
20.75
22.58
18.87
19.20
20
16.64
FCF yield (avg)%
6.12
7.02
5.74
3.51
3.88
3.71
3.25
2.97
1.10
2.24
21.15
2.97
3.61
57
24.61
FCF margin%
9.15
11.09
9.82
10.49
8.30
10.42
9.74
9.38
7.14
7.96
14.28
9.38
9.56
8
0.871
FCF / Net incomex
2.258
2.435
2.950
3.178
3.691
3.710
3.646
4.184
4.252
4.348
0.958
4.184
3.669
9
16.90
ROIC%
0.40
0.40
0.40
0.40
0.40
3.09
3.06
0.66
2.38
2.24
17.06
2.38
0.53
57
2.20
Return on equity%
27.79
28.42
28.20
28.39
25.48
26.86
25.34
23.01
22.16
20.43
23.72
23.01
26.17
94
11.23
Return on assets%
9.95
11.41
10.29
10.71
13.18
13.23
15.61
15.69
13.83
13.40
9.64
13.83
13.20
32
20.98
EPSRp
87.08
98.78
100.28
104.57
98.38
108.00
106.65
110.49
117.56
135.17
22.64
6.56%
3.86%
—
6.76
EPS growth%
6.20
4.83
7.43
6.34
8.54
6.14
7.06
5.80
7.73
5.51
22.27
6.14
6.27
77
98.63
Bookvalue per shRp
103.71
94.49
87.14
93.75
98.56
93.08
84.94
87.82
89.10
85.06
41.29
(2.90%)
(1.49%)
—
66.36
FCF per shareRp
18.01
20.76
23.46
23.36
23.69
26.84
29.78
33.35
36.97
41.89
93.66
12.07%
9.11%
—
18.60
Dividend per shRp
80.17
77.14
77.03
78.39
81.71
75.28
71.14
67.59
67.67
59.14
98.27
(6.26%)
(3.61%)
—
19.87
Div yield (avg)%
8.23
5.42
7.29
5.86
6.67
7.09
8.16
6.23
6.14
9.05
15.38
7.09
6.88
40
26.02
Payout ratio%
15.61
17.12
19.62
21.95
21.60
18.72
19.73
18.21
15.79
17.53
21.39
18.21
18.47
19
53.58
Shares (diluted)B
38.29
39.02
39.20
36.52
35.04
37.42
40.63
43.63
42.04
38.05
55.71
1.66%
(0.85%)
33
8.08
Buyback yield%
10.36
12.38
10.69
12.72
9.91
6.99
4.76
7.26
7.43
9.64
7.94
7.26
9.77
26
0.425
D/E ratiox
0.702
0.724
0.816
0.808
0.832
0.785
0.881
0.952
0.872
0.828
0.713
0.872
0.822
42
10,876
Enterprise valueRp B
7,995
8,170
7,738
8,163
8,766
8,664
7,509
7,915
8,227
8,237
7,679
(1.24%)
(0.72%)
53
7,954
LT debtRp B
7,077
7,024
8,011
8,228
8,187
9,236
10,099
11,353
10,729
11,168
6,459
6.41%
4.82%
89
Cost of revenue
4.36%
1.01×
Operating expenses
4.27%
1.00×
Property and equipment
17.88%
Spread over hurdle
(8.30%)