210.7
RevenueRp B
247.5
262.3
272.9
284.4
293.9
306.3
325.4
342.3
363.3
381.7
235.4
5.36%
5.00%
66
27.33
Revenue growth%
20.03
20.74
21.09
18.80
18.05
15.86
17.09
14.48
15.31
15.39
13.86
15.39
17.57
45
29.14
Gross margin%
1.24
0.44
0.40
0.40
1.14
0.40
0.40
2.26
0.97
1.99
13.35
0.97
0.70
53
2.51
Operating margin%
14.68
12.95
13.96
13.33
15.52
13.24
16.04
14.41
11.92
11.20
20.93
13.24
13.64
66
20.57
Net margin%
12.40
10.70
12.60
14.02
12.40
12.49
11.20
8.82
11.05
9.67
3.31
11.05
11.80
28
19.42
P/E ratio (avg)x
11.95
12.57
12.02
11.10
11.66
10.55
10.11
10.82
11.62
9.864
17.83
10.55
11.36
17
14.26
EV/EBITx
35.38
38.21
45.96
52.68
54.19
60.46
59.40
65.02
78.00
91.10
25.61
65.02
56.80
12
29.71
FCF yield (avg)%
8.60
11.20
9.80
11.86
14.23
11.81
9.75
10.79
9.37
11.40
25.75
10.79
11.00
68
8.07
FCF margin%
22.97
22.21
24.34
26.12
25.55
24.20
25.58
28.55
28.47
26.81
6.45
26.81
25.57
66
1.250
FCF / Net incomex
0.578
0.565
0.504
0.523
0.479
0.485
0.491
0.487
0.473
0.412
1.756
0.485
0.489
15
19.94
ROIC%
27.12
26.84
24.58
25.21
27.13
27.08
28.19
30.78
33.12
34.32
14.45
30.78
27.13
71
28.65
Return on equity%
22.77
21.15
23.75
23.91
24.69
26.49
25.82
25.09
26.09
26.33
15.22
26.09
24.89
45
18.16
Return on assets%
25.32
25.21
24.90
23.10
26.02
26.06
23.91
23.15
25.22
25.05
24.47
25.05
25.13
27
47.31
EPSRp
20.74
23.36
22.11
21.26
23.31
22.52
21.55
24.40
23.94
25.42
50.45
1.75%
3.14%
—
7.77
EPS growth%
2.22
2.51
2.77
3.35
3.29
4.84
4.70
5.48
6.78
6.76
12.30
5.48
4.02
6
54.78
Bookvalue per shRp
36.12
37.13
37.41
39.99
43.11
43.27
45.64
45.90
45.33
50.06
33.38
3.03%
3.47%
—
53.63
FCF per shareRp
39.86
40.53
37.29
32.29
32.89
29.94
27.53
24.65
25.83
26.81
60.65
(4.01%)
(5.00%)
—
60.83
Dividend per shRp
75.57
75.50
79.01
82.18
95.76
99.06
95.91
95.98
102.41
118.39
22.22
4.33%
4.14%
—
9.64
Div yield (avg)%
24.58
25.63
27.18
29.51
26.74
24.48
25.72
23.21
22.73
22.17
4.60
23.21
25.10
72
6.04
Payout ratio%
10.06
9.64
11.72
14.24
13.25
13.52
14.76
14.65
12.66
11.47
9.94
13.52
12.96
27
1.310
Shares (diluted)B
2.021
2.118
2.125
2.493
2.476
2.772
2.827
3.064
3.111
3.183
1.302
5.15%
6.28%
94
26.69
Buyback yield%
7.02
8.52
6.76
9.64
7.91
8.61
5.93
4.98
4.12
3.64
26.26
4.98
6.89
36
0.486
D/E ratiox
1.630
1.585
1.550
1.497
1.608
1.609
1.705
1.742
1.819
2.121
0.856
1.742
1.619
13
62.38
Enterprise valueRp B
341.1
314.0
322.2
361.7
322.2
311.8
318.1
358.2
337.1
377.1
86.67
3.19%
(0.01%)
53
83.88
LT debtRp B
171.2
165.6
147.3
138.7
147.6
149.0
157.1
139.7
142.4
139.9
309.6
(1.07%)
(2.01%)
33
Cost of revenue
4.90%
0.99×
Operating expenses
5.72%
1.07×
Property and equipment
18.52%
Goodwill & intangibles
17.37%
Spread over hurdle
(6.88%)