1,278
RevenueRp B
3,659
3,708
3,824
3,930
3,950
4,031
4,195
4,370
4,446
4,560
1,422
2.91%
2.33%
37
8.66
Revenue growth%
8.84
7.87
8.73
9.53
12.47
10.98
8.69
6.70
5.08
4.55
27.44
6.70
8.71
18
26.23
Gross margin%
12.28
11.53
10.95
13.12
15.67
18.50
18.01
15.50
15.11
17.76
25.19
17.76
15.30
30
17.13
Operating margin%
17.05
17.10
15.14
12.60
13.67
11.53
11.46
11.70
10.25
9.11
15.75
11.46
12.15
35
18.06
Net margin%
19.06
20.67
23.01
21.53
22.86
21.43
21.43
18.62
20.02
22.14
27.82
21.43
21.43
28
36.21
P/E ratio (avg)x
52.13
62.14
68.55
74.56
75.23
81.44
91.86
88.14
84.20
98.00
8.594
88.14
78.34
84
20.54
EV/EBITx
19.58
19.64
21.71
20.68
20.23
19.49
19.80
18.41
16.12
15.89
6.712
18.41
19.61
14
22.32
FCF yield (avg)%
25.50
25.82
27.51
25.90
23.85
25.34
25.71
24.37
23.27
20.74
27.10
24.37
25.42
8
4.99
FCF margin%
1.82
2.54
2.97
2.77
4.58
5.16
7.42
7.27
5.50
5.40
5.52
5.50
4.87
43
0.823
FCF / Net incomex
0.224
0.235
0.235
0.220
0.190
0.182
0.192
0.190
0.187
0.169
0.474
0.187
0.191
63
10.88
ROIC%
11.96
9.75
10.49
9.00
9.94
11.78
10.76
9.13
11.51
10.01
16.97
10.76
10.25
41
7.15
Return on equity%
9.82
9.38
12.20
12.07
11.58
13.83
13.40
14.17
16.53
18.36
16.04
14.17
12.80
94
16.53
Return on assets%
10.74
11.24
10.32
10.17
11.68
9.73
9.07
8.28
9.30
11.24
2.17
9.30
10.24
29
163.71
EPSRp
105.38
107.82
105.59
121.53
118.87
123.80
144.00
138.35
132.82
127.41
169.77
1.40%
1.34%
—
7.55
EPS growth%
9.67
10.21
8.25
9.88
10.12
11.20
13.69
16.35
15.33
15.36
15.86
15.33
10.70
13
175.43
Bookvalue per shRp
159.22
186.37
204.47
227.03
257.84
300.15
358.08
358.73
429.88
470.36
108.36
12.78%
11.93%
—
183.66
FCF per shareRp
207.19
194.20
217.29
213.40
212.75
241.68
223.80
238.75
255.61
271.02
72.85
4.96%
2.66%
—
139.08
Dividend per shRp
102.60
110.08
129.71
137.38
160.72
176.66
174.14
189.71
225.42
240.09
72.55
8.36%
9.99%
—
21.90
Div yield (avg)%
19.47
20.13
21.10
19.50
18.46
19.83
18.89
20.87
23.19
23.65
4.09
20.87
19.98
57
6.23
Payout ratio%
18.83
16.09
17.32
17.32
16.87
14.12
16.36
15.19
17.72
18.05
2.65
16.36
17.09
14
11.78
Shares (diluted)B
12.99
13.93
13.97
13.16
12.19
12.80
12.72
12.28
13.83
14.97
11.92
4.18%
1.66%
27
15.96
Buyback yield%
9.21
11.86
8.91
11.07
13.60
12.58
9.74
12.64
13.68
14.48
19.02
12.64
12.22
8
0.722
D/E ratiox
0.534
0.556
0.595
0.594
0.546
0.599
0.538
0.539
0.543
0.564
1.592
0.543
0.551
41
1,973
Enterprise valueRp B
3,913
3,541
3,398
2,883
2,520
2,727
2,379
2,405
2,531
2,536
3,120
0.13%
(3.47%)
36
1,579
LT debtRp B
3,043
2,821
2,622
2,717
2,767
2,554
2,371
2,403
2,717
2,592
2,983
(1.30%)
(1.81%)
71
Cost of revenue
2.40%
1.01×
Operating expenses
2.27%
0.99×
Goodwill & intangibles
19.02%
Spread over hurdle
20.84%