289.7
RevenueRp B
570.4
611.2
640.2
693.2
726.4
782.5
826.5
873.4
952.7
1,021
320.0
7.06%
6.94%
12
17.51
Revenue growth%
18.32
19.86
22.16
23.62
20.99
23.03
21.98
20.28
19.01
18.15
26.81
20.28
20.64
91
6.06
Gross margin%
19.29
22.13
21.37
18.55
18.00
15.87
18.58
18.18
20.79
17.88
24.25
18.18
18.56
42
21.01
Operating margin%
24.87
27.30
26.20
25.96
27.48
25.85
27.28
25.72
27.99
28.89
15.31
27.28
26.74
74
8.07
Net margin%
15.46
13.35
13.15
15.56
16.97
16.83
14.97
16.07
16.30
14.65
23.09
16.07
15.51
33
32.37
P/E ratio (avg)x
11.73
10.34
9.624
8.922
8.082
7.715
7.606
6.784
6.782
5.958
25.41
6.784
7.899
47
12.16
EV/EBITx
25.40
25.27
25.95
28.16
28.30
30.45
30.47
30.39
27.59
28.83
29.28
30.39
28.23
54
22.02
FCF yield (avg)%
25.95
25.55
24.67
24.62
23.14
21.50
21.19
20.13
19.12
19.10
15.82
20.13
22.32
48
10.24
FCF margin%
11.73
8.76
8.71
7.25
9.13
11.73
12.56
10.64
10.20
7.27
4.00
10.64
9.66
92
1.264
FCF / Net incomex
1.323
1.214
1.304
1.381
1.526
1.421
1.294
1.384
1.389
1.304
0.619
1.384
1.352
61
27.54
ROIC%
1.93
0.40
0.40
0.92
2.03
3.56
3.08
0.40
0.40
0.55
7.09
0.55
0.73
20
13.99
Return on equity%
29.41
30.29
33.25
30.71
28.02
26.22
24.34
26.82
24.61
27.59
4.00
26.22
27.80
85
22.77
Return on assets%
15.63
18.18
17.21
17.67
18.65
18.27
15.46
17.22
17.72
18.63
26.45
17.72
17.69
19
20.92
EPSRp
25.01
24.64
25.17
22.85
23.29
25.16
22.54
19.96
19.66
20.66
21.86
(2.37%)
(1.32%)
—
14.65
EPS growth%
13.86
14.20
14.37
12.63
12.57
14.91
12.50
14.43
14.53
12.34
22.99
14.43
14.03
37
39.76
Bookvalue per shRp
45.64
49.76
54.29
56.30
54.02
53.77
59.00
64.67
58.30
62.38
18.07
2.92%
2.75%
—
34.14
FCF per shareRp
45.07
43.39
41.30
39.36
38.55
39.69
43.77
41.71
46.31
52.76
34.42
6.48%
2.67%
—
10.67
Dividend per shRp
20.33
21.58
24.94
24.44
28.68
27.47
26.96
30.93
32.89
34.62
10.82
3.84%
7.22%
—
6.15
Div yield (avg)%
15.26
18.14
18.74
17.37
17.03
15.13
15.91
17.07
15.88
14.29
21.18
15.88
16.47
13
5.67
Payout ratio%
13.88
13.00
12.03
9.08
11.75
13.81
10.85
11.42
10.65
9.19
9.38
10.85
11.59
82
6.951
Shares (diluted)B
10.49
10.31
10.87
10.66
12.37
11.98
11.59
12.39
14.37
15.14
6.942
4.13%
4.31%
73
6.92
Buyback yield%
2.96
3.30
5.92
6.34
5.53
2.86
4.38
2.92
1.56
4.46
17.95
2.92
3.84
75
0.970
D/E ratiox
1.241
1.365
1.305
1.228
1.226
1.287
1.387
1.403
1.507
1.532
0.462
1.403
1.335
34
37.76
Enterprise valueRp B
432.5
451.9
497.4
579.0
577.5
591.3
575.3
624.5
738.6
890.2
414.8
9.04%
8.32%
23
325.7
LT debtRp B
257.4
270.4
271.8
290.3
310.4
287.2
261.9
257.9
234.9
251.1
332.2
(4.15%)
0.84%
52
Cost of revenue
7.25%
1.03×
Operating expenses
5.79%
0.90×
Spread over hurdle
(3.12%)