30.13
RevenueRp B
88.16
93.98
97.76
103.8
111.2
118.0
124.2
132.7
141.0
146.3
33.67
5.63%
5.83%
54
22.36
Revenue growth%
12.69
10.04
10.47
12.47
10.21
8.69
8.64
7.54
5.01
6.62
15.15
7.54
9.36
48
27.94
Gross margin%
27.81
25.30
25.80
27.84
29.89
27.53
28.85
28.49
26.48
26.78
18.83
27.53
27.67
79
19.61
Operating margin%
29.99
29.29
28.65
25.76
26.53
27.41
27.51
27.40
30.01
30.90
26.89
27.51
28.08
73
14.16
Net margin%
19.98
22.19
24.83
27.09
24.76
25.57
26.64
27.94
30.63
33.19
11.55
27.94
26.11
86
36.41
P/E ratio (avg)x
19.72
18.31
17.54
18.12
19.88
20.16
20.07
20.63
22.90
21.34
8.632
20.63
19.98
49
29.65
EV/EBITx
18.64
18.82
19.43
21.61
19.84
18.50
21.27
23.82
24.71
23.30
25.47
23.30
20.55
70
26.63
FCF yield (avg)%
17.92
16.61
18.82
20.56
23.04
24.61
24.58
27.53
28.26
25.81
9.59
25.81
23.81
11
24.73
FCF margin%
34.67
37.01
34.30
31.33
29.45
32.16
29.47
26.99
24.39
24.81
14.46
26.99
30.40
63
1.375
FCF / Net incomex
1.957
2.301
2.561
2.935
2.797
3.233
3.398
3.844
4.495
4.308
1.077
3.844
3.084
58
6.17
ROIC%
25.09
23.86
25.53
23.60
26.41
23.65
21.22
21.14
20.45
22.09
8.80
21.22
23.63
14
2.84
Return on equity%
18.95
21.60
23.36
25.14
22.16
24.90
23.72
26.49
25.22
25.93
24.02
25.22
24.31
58
11.01
Return on assets%
22.74
24.58
23.60
20.69
20.15
17.80
14.86
13.63
14.71
17.00
15.40
14.86
18.97
16
4.97
EPSRp
1.16
1.31
1.49
1.46
1.48
1.45
1.41
1.37
1.56
1.52
5.24
0.51%
3.98%
—
2.91
EPS growth%
5.27
7.26
9.31
7.99
5.44
4.61
6.97
4.26
2.88
5.51
24.52
4.61
5.48
34
4.81
Bookvalue per shRp
8.38
8.76
9.03
9.66
9.30
9.89
11.63
13.13
13.36
13.98
4.31
8.49%
7.05%
—
1.16
FCF per shareRp
7.35
8.46
8.91
10.35
11.16
12.14
14.48
16.48
16.99
17.50
3.58
9.41%
9.13%
—
1.60
Dividend per shRp
8.07
8.08
9.29
9.94
11.18
12.07
12.37
14.84
15.58
17.99
4.34
9.99%
8.72%
—
24.18
Div yield (avg)%
17.88
18.16
16.79
18.86
18.77
18.07
20.50
21.57
22.21
19.28
10.31
20.50
18.81
80
22.25
Payout ratio%
19.56
19.13
20.13
20.90
23.53
22.73
19.77
17.88
18.21
16.59
8.24
18.21
19.66
9
15.30
Shares (diluted)B
26.28
27.10
26.83
30.85
31.56
36.81
36.79
41.11
43.78
43.63
15.85
6.69%
6.14%
44
19.79
Buyback yield%
31.77
29.81
27.04
29.79
30.56
33.51
33.44
32.54
29.91
29.02
10.90
32.54
30.24
86
0.322
D/E ratiox
1.375
1.358
1.286
1.342
1.420
1.549
1.550
1.722
1.728
1.889
1.177
1.722
1.485
58
27.21
Enterprise valueRp B
157.1
182.1
197.5
226.1
252.8
264.9
268.8
310.0
335.0
329.0
14.60
5.41%
8.44%
43
152.2
LT debtRp B
102.7
115.8
109.5
120.4
123.2
142.1
139.8
158.6
180.2
183.5
39.86
8.29%
6.34%
73
Cost of revenue
5.83%
1.00×
Operating expenses
5.96%
1.01×
Spread over hurdle
(3.70%)