340.7
RevenueRp B
378.1
411.2
444.1
477.8
524.7
571.9
607.4
660.1
705.9
764.9
357.8
7.83%
8.06%
24
29.08
Revenue growth%
17.31
18.26
20.73
19.49
16.66
16.34
15.04
15.98
16.01
16.18
10.24
16.01
16.50
83
28.08
Gross margin%
10.14
9.38
12.24
10.15
12.03
11.14
8.61
5.69
8.10
8.56
13.77
8.56
9.76
70
17.51
Operating margin%
17.93
17.72
16.09
15.52
17.89
20.51
20.99
21.55
23.05
20.51
12.34
20.99
19.22
59
19.88
Net margin%
8.26
9.92
9.25
10.60
9.48
6.76
4.87
2.86
5.54
4.55
14.43
4.87
7.51
25
17.12
P/E ratio (avg)x
9.639
9.688
9.051
8.794
8.640
8.112
7.083
7.069
7.214
7.796
20.42
7.214
8.376
63
29.89
EV/EBITx
43.75
41.48
48.12
50.16
58.01
67.28
76.47
88.45
93.19
88.11
16.81
88.11
62.64
43
3.23
FCF yield (avg)%
5.26
5.09
4.84
2.76
5.44
7.42
7.68
10.00
7.63
8.69
22.15
7.68
6.43
31
6.00
FCF margin%
28.47
26.50
27.00
27.44
26.70
29.51
27.39
25.97
23.09
23.09
18.54
25.97
26.85
88
0.742
FCF / Net incomex
0.386
0.360
0.344
0.359
0.379
0.386
0.364
0.328
0.319
0.321
0.134
0.328
0.360
92
9.81
ROIC%
0.40
0.40
0.40
0.40
1.47
2.60
4.61
2.47
3.29
4.29
29.15
3.29
1.97
8
17.02
Return on equity%
27.53
28.86
29.69
29.54
29.33
28.75
31.60
30.31
32.37
31.61
16.55
31.60
29.61
34
23.31
Return on assets%
1.88
1.77
2.25
0.40
2.08
0.40
2.36
0.40
0.40
0.40
23.88
0.40
1.09
71
32.95
EPSRp
187.58
220.13
226.42
227.15
236.98
225.07
244.48
247.83
252.41
286.58
35.87
3.87%
4.30%
—
19.60
EPS growth%
9.82
11.48
10.73
12.20
9.63
8.71
6.77
8.04
10.91
12.93
26.84
8.71
10.28
80
175.12
Bookvalue per shRp
24.99
24.15
24.71
24.27
23.77
25.57
27.01
28.39
28.00
30.49
120.16
5.10%
1.27%
—
65.30
FCF per shareRp
105.78
116.07
133.06
147.77
140.16
146.73
162.64
172.21
166.30
190.33
87.97
6.31%
6.79%
—
66.35
Dividend per shRp
266.14
272.27
281.79
305.59
299.47
350.52
365.50
378.03
399.02
443.60
114.08
8.18%
6.11%
—
13.89
Div yield (avg)%
21.95
22.47
21.45
19.04
18.16
20.68
22.10
25.04
27.75
29.25
12.55
25.04
22.02
28
17.69
Payout ratio%
2.85
5.49
6.48
8.07
9.42
7.87
5.07
2.77
4.32
2.33
7.27
4.32
5.28
65
3.265
Shares (diluted)B
4.535
4.986
5.029
5.913
6.957
6.737
6.583
6.590
6.498
6.448
3.317
(1.51%)
4.55%
26
3.35
Buyback yield%
8.92
10.31
13.13
11.09
13.21
14.75
16.61
14.56
15.07
16.04
20.97
15.07
13.88
53
0.195
D/E ratiox
1.850
1.857
2.025
1.938
1.928
1.947
2.110
1.972
2.063
2.019
0.145
2.019
1.960
63
126.1
Enterprise valueRp B
93.54
95.21
87.49
83.49
84.67
83.46
82.42
73.83
63.22
57.18
249.6
(7.55%)
(5.89%)
54
82.87
LT debtRp B
682.6
799.4
874.5
875.7
1,021
1,008
1,091
1,133
1,317
1,257
369.3
4.25%
6.04%
80
Cost of revenue
8.10%
1.00×
Operating expenses
7.49%
0.95×
Spread over hurdle
82.18%