74.36
RevenueRp B
197.0
209.9
229.0
244.4
256.3
278.3
290.6
316.0
344.5
367.0
79.35
7.44%
6.97%
87
13.18
Revenue growth%
10.53
12.30
12.63
14.17
11.36
13.67
11.80
12.36
14.20
16.25
29.62
13.67
12.50
76
18.59
Gross margin%
8.38
10.65
8.76
7.93
9.98
9.24
6.30
5.27
5.59
2.69
23.86
5.59
8.15
45
13.94
Operating margin%
8.82
11.49
11.79
9.35
11.31
8.36
9.79
10.97
13.42
10.92
19.52
10.92
10.95
34
28.87
Net margin%
4.73
3.96
4.87
6.76
6.06
5.37
5.35
7.71
7.77
7.16
18.13
7.16
5.71
90
29.15
P/E ratio (avg)x
12.25
11.23
10.81
10.95
11.08
11.59
10.63
10.04
9.456
8.279
7.251
10.04
10.88
67
28.28
EV/EBITx
22.54
22.77
24.34
21.19
19.31
20.57
19.64
18.92
17.08
16.20
24.16
18.92
20.10
39
15.53
FCF yield (avg)%
26.93
27.40
28.73
31.65
29.08
29.01
27.22
28.94
27.31
30.17
24.72
28.94
28.83
8
7.03
FCF margin%
22.85
25.11
26.45
24.46
26.94
26.65
28.63
29.29
26.98
28.71
4.81
28.63
26.80
62
0.763
FCF / Net incomex
1.178
1.177
1.072
1.088
1.143
1.073
0.938
1.008
1.082
0.975
1.200
1.008
1.077
65
5.10
ROIC%
27.63
27.71
27.46
25.41
24.67
26.88
26.21
28.99
28.79
30.74
17.67
28.79
27.55
8
15.58
Return on equity%
24.76
25.97
24.82
25.43
22.49
24.92
26.04
26.06
28.05
30.35
27.08
26.06
25.70
81
27.77
Return on assets%
22.00
23.22
25.86
26.71
29.42
30.24
32.70
35.05
37.82
37.16
20.92
35.05
29.83
78
11.48
EPSRp
19.15
19.91
18.91
21.54
23.68
24.33
24.11
27.04
29.51
28.20
12.59
3.55%
4.05%
—
18.35
EPS growth%
3.17
0.46
0.95
2.37
0.91
3.63
3.21
3.73
2.49
2.83
4.73
3.21
2.66
11
24.72
Bookvalue per shRp
25.29
26.62
28.56
30.25
32.32
34.66
33.74
36.85
35.20
40.08
27.62
4.40%
3.86%
—
17.33
FCF per shareRp
11.49
11.09
12.31
12.60
12.18
12.64
13.25
12.97
12.24
12.24
16.10
0.10%
0.69%
—
16.99
Dividend per shRp
6.76
7.00
8.11
8.89
9.06
9.73
9.50
9.68
9.46
10.01
8.66
2.01%
4.40%
—
10.80
Div yield (avg)%
29.34
28.77
29.04
28.46
27.85
27.98
30.35
30.56
27.99
30.72
28.59
30.35
28.90
72
15.96
Payout ratio%
15.66
13.17
14.55
14.89
14.39
13.29
14.70
14.79
15.39
13.29
19.89
14.70
14.62
89
8.067
Shares (diluted)B
12.41
12.09
11.66
13.58
14.61
14.96
14.56
17.12
18.82
21.76
8.011
8.30%
7.26%
60
27.29
Buyback yield%
18.79
17.24
16.51
17.78
15.44
14.88
17.21
16.48
18.00
20.57
24.23
17.21
17.23
33
1.203
D/E ratiox
0.428
0.451
0.437
0.461
0.475
0.427
0.379
0.389
0.332
0.300
1.046
0.379
0.428
50
446.7
Enterprise valueRp B
417.0
376.3
376.7
421.6
433.1
469.2
467.4
448.2
428.1
452.9
116.4
0.90%
1.66%
78
489.1
LT debtRp B
330.4
324.2
366.2
357.2
392.2
453.2
475.1
453.3
449.3
517.7
253.7
5.71%
5.30%
70
Cost of revenue
7.02%
1.01×
Operating expenses
6.49%
0.96×
Property and equipment
18.37%
Cash and investments
16.36%
Spread over hurdle
(5.70%)