68.13
RevenueRp B
678.6
704.4
763.4
811.7
852.3
892.0
954.6
1,006
1,082
1,157
73.30
6.30%
6.04%
44
5.87
Revenue growth%
8.38
5.93
6.87
4.79
3.91
6.10
7.82
8.77
6.40
8.58
27.41
7.82
6.64
52
3.92
Gross margin%
15.37
16.34
18.56
17.18
17.46
15.93
17.32
17.22
17.98
15.34
8.84
17.22
17.20
62
15.35
Operating margin%
35.61
34.60
33.46
30.51
32.47
30.63
32.82
34.60
31.75
33.58
20.62
32.82
33.14
85
16.30
Net margin%
3.27
1.28
1.54
3.92
2.11
0.40
1.46
0.40
3.07
0.40
26.50
0.40
1.50
93
36.68
P/E ratio (avg)x
34.63
33.13
32.14
35.95
33.15
37.19
35.94
36.15
36.34
32.88
26.86
36.15
35.29
20
28.54
EV/EBITx
24.37
23.85
25.65
29.50
35.21
34.61
33.32
39.12
43.73
51.23
20.41
39.12
33.97
37
21.17
FCF yield (avg)%
2.33
2.77
2.98
5.62
6.76
4.56
6.36
8.38
10.59
10.22
26.52
8.38
5.99
59
5.44
FCF margin%
14.73
13.02
12.87
10.20
13.08
10.59
12.67
15.56
14.85
15.95
18.40
14.85
13.05
51
0.298
FCF / Net incomex
0.949
0.853
0.770
0.786
0.718
0.731
0.688
0.741
0.722
0.730
0.336
0.730
0.736
79
14.58
ROIC%
27.43
29.37
30.48
30.27
30.71
31.76
34.70
35.25
35.59
33.16
18.65
34.70
31.23
10
26.01
Return on equity%
24.51
21.84
19.83
21.70
21.90
19.90
21.24
23.49
25.01
24.94
2.66
23.49
21.87
66
11.81
Return on assets%
14.43
13.34
13.11
11.15
10.11
11.62
9.55
11.59
8.80
6.71
22.42
9.55
11.37
38
44.94
EPSRp
81.91
98.58
113.79
131.28
129.87
139.35
152.75
167.35
188.97
226.60
50.28
11.78%
12.16%
—
22.03
EPS growth%
5.68
8.32
7.23
9.60
12.15
10.64
10.90
8.55
11.11
8.34
20.92
10.64
9.07
31
47.07
Bookvalue per shRp
82.84
83.73
84.03
89.42
93.20
100.10
105.79
101.10
98.74
106.91
101.53
2.78%
3.64%
—
80.38
FCF per shareRp
100.39
110.76
118.58
107.07
113.38
122.90
120.88
130.04
136.29
138.79
63.28
4.13%
3.09%
—
117.32
Dividend per shRp
101.29
95.05
83.67
78.29
76.73
77.71
84.71
93.16
92.78
101.25
80.98
5.70%
(1.02%)
—
8.14
Div yield (avg)%
3.95
2.04
3.79
1.59
2.73
1.92
2.63
5.51
8.30
9.63
8.53
5.51
3.26
30
4.48
Payout ratio%
26.13
25.85
25.65
25.38
23.77
24.07
23.50
22.49
21.29
23.16
5.20
23.16
23.92
65
4.422
Shares (diluted)B
6.925
7.481
8.225
8.689
10.42
12.29
14.83
14.47
16.76
16.65
4.359
9.84%
10.32%
6
6.79
Buyback yield%
25.02
27.63
28.32
26.51
26.71
28.70
27.44
30.15
28.13
30.51
13.85
28.70
27.88
75
0.761
D/E ratiox
0.647
0.688
0.670
0.787
0.869
0.903
1.050
1.060
1.177
1.375
1.214
1.060
0.886
44
295.4
Enterprise valueRp B
562.2
602.1
675.7
655.1
752.7
780.4
892.5
1,033
990.0
1,094
546.2
7.76%
8.29%
14
1,040
LT debtRp B
125.4
139.1
135.2
150.8
162.0
155.4
165.4
173.7
192.8
183.9
1,147
2.57%
4.17%
60
Cost of revenue
6.04%
1.00×
Operating expenses
5.95%
0.99×
Cash and investments
18.08%
Spread over hurdle
(5.29%)