3,185
RevenueRp B
12,404
13,041
13,716
13,928
14,290
15,011
15,290
15,852
16,416
16,946
3,518
3.47%
3.60%
50
4.11
Revenue growth%
11.59
8.79
11.74
12.54
15.39
14.21
13.40
15.43
13.63
14.98
5.31
14.21
13.52
31
8.83
Gross margin%
2.06
2.99
5.55
4.87
2.71
2.87
3.27
1.57
0.40
0.40
14.41
1.57
2.79
70
21.88
Operating margin%
4.41
6.65
9.16
10.57
10.05
11.89
13.32
11.71
11.84
11.44
23.69
11.84
11.01
79
11.41
Net margin%
0.40
0.40
2.79
1.34
1.59
2.45
5.21
2.56
0.69
3.43
3.50
2.56
2.02
53
18.22
P/E ratio (avg)x
28.91
26.56
24.39
25.02
25.09
25.46
28.85
32.18
30.99
35.10
28.06
30.99
27.70
63
14.77
EV/EBITx
13.49
12.57
11.88
12.15
13.03
11.47
10.13
9.855
10.64
10.84
12.13
10.64
11.67
53
22.70
FCF yield (avg)%
20.43
17.96
17.22
19.10
17.04
14.62
11.93
11.64
9.53
9.78
13.59
11.64
15.83
89
9.72
FCF margin%
29.36
31.27
29.11
31.15
31.75
29.36
30.81
28.09
26.28
24.95
29.61
28.09
29.36
48
0.701
FCF / Net incomex
1.063
1.190
1.121
1.248
1.274
1.364
1.525
1.503
1.712
1.876
0.933
1.525
1.319
45
5.79
ROIC%
22.86
22.54
25.03
22.83
25.79
23.90
24.75
22.13
23.10
24.99
11.50
23.90
23.50
29
14.08
Return on equity%
18.22
16.27
15.98
13.39
11.78
14.72
16.68
17.71
19.70
18.09
12.05
17.71
16.48
49
20.36
Return on assets%
10.26
11.83
14.46
16.67
19.55
20.24
22.99
22.33
24.40
22.41
27.62
22.41
19.90
75
53.82
EPSRp
47.71
46.46
49.11
52.14
45.67
46.02
45.18
46.99
49.33
52.54
56.24
2.84%
0.96%
—
8.05
EPS growth%
24.06
26.65
28.62
28.62
31.40
29.86
27.37
24.97
27.24
30.16
16.80
27.37
27.99
68
80.98
Bookvalue per shRp
94.56
99.99
104.10
107.04
101.69
104.61
105.57
116.59
132.55
154.18
86.46
8.68%
5.33%
—
66.63
FCF per shareRp
30.05
31.31
30.13
32.60
35.59
36.21
41.42
43.06
50.26
53.85
101.76
8.64%
6.53%
—
72.45
Dividend per shRp
36.39
36.16
35.14
37.35
33.87
32.41
34.19
36.73
32.62
29.05
81.04
(3.02%)
(2.52%)
—
10.65
Div yield (avg)%
8.28
7.77
5.65
4.15
3.94
2.28
4.37
6.67
9.36
10.81
11.98
6.67
6.16
17
7.30
Payout ratio%
13.38
10.47
13.32
10.71
13.01
10.93
9.15
7.99
5.34
7.53
10.89
7.99
10.59
42
44.25
Shares (diluted)B
59.28
64.07
62.86
66.44
65.68
74.24
85.50
83.90
81.48
86.02
45.36
5.54%
4.81%
69
12.68
Buyback yield%
29.70
30.60
28.34
28.11
26.37
25.90
25.11
23.98
26.26
26.01
13.59
25.90
26.32
39
1.136
D/E ratiox
0.354
0.397
0.433
0.469
0.459
0.453
0.450
0.496
0.551
0.635
1.525
0.496
0.456
9
6,747
Enterprise valueRp B
1,211
1,132
1,064
1,041
1,191
1,350
1,527
1,726
1,926
2,184
1,391
12.88%
7.19%
91
6,945
LT debtRp B
2,838
3,043
3,386
3,583
3,935
4,203
4,804
5,116
5,866
5,626
14,330
7.41%
6.84%
76
Cost of revenue
3.85%
1.02×
Operating expenses
2.85%
0.93×
Property and equipment
18.06%
Goodwill & intangibles
15.32%