6,400
RevenueRp B
3,915
4,203
4,517
4,677
5,053
5,251
5,459
5,803
6,283
6,682
7,035
5.75%
6.30%
89
17.86
Revenue growth%
0.40
0.40
2.56
5.00
6.28
4.16
4.39
4.46
4.75
7.32
24.60
4.46
4.42
32
26.01
Gross margin%
13.69
12.49
12.63
14.09
12.24
13.21
12.61
12.13
14.47
16.38
27.00
13.21
12.92
51
17.15
Operating margin%
19.21
16.51
18.70
19.82
17.74
19.01
19.40
17.79
18.44
17.51
24.56
18.44
18.57
88
16.86
Net margin%
11.95
9.82
7.99
5.86
4.19
2.72
1.76
0.53
0.40
0.40
14.60
0.53
3.45
21
15.64
P/E ratio (avg)x
45.49
47.63
48.59
47.60
51.64
54.14
56.30
63.94
72.20
74.58
25.31
63.94
52.89
58
22.18
EV/EBITx
30.90
34.07
32.10
30.33
31.22
32.13
31.44
30.01
29.45
27.39
16.07
30.01
31.06
36
17.21
FCF yield (avg)%
10.32
11.94
13.67
14.19
12.84
15.66
18.31
19.65
18.73
20.61
19.96
18.73
14.93
43
22.43
FCF margin%
23.70
23.67
22.72
20.79
19.27
16.79
14.04
16.29
18.61
17.82
17.07
16.79
18.94
56
0.730
FCF / Net incomex
0.623
0.646
0.594
0.663
0.702
0.750
0.794
0.739
0.786
0.868
0.806
0.786
0.721
63
11.04
ROIC%
28.66
30.14
27.43
29.72
28.06
25.87
27.28
24.63
22.64
22.11
24.50
24.63
27.36
92
28.23
Return on equity%
6.35
5.29
8.06
10.85
11.18
13.89
13.58
13.38
16.01
16.92
20.70
13.89
12.28
21
16.80
Return on assets%
14.09
16.67
14.42
16.57
16.74
15.55
13.13
13.76
12.67
12.72
29.13
13.13
14.26
45
35.74
EPSRp
45.37
46.04
44.90
48.50
48.05
47.38
42.92
36.62
31.70
28.53
38.60
(9.90%)
(4.47%)
—
11.49
EPS growth%
11.72
9.43
9.96
8.14
10.30
10.30
9.47
12.44
10.96
12.49
14.27
10.96
10.30
7
45.52
Bookvalue per shRp
15.00
15.24
15.31
16.36
15.51
15.02
16.93
15.38
13.75
13.73
43.67
(2.41%)
(2.00%)
—
16.39
FCF per shareRp
54.39
58.06
54.37
57.37
62.71
62.09
57.22
55.20
60.79
59.99
17.90
(0.88%)
0.84%
—
61.35
Dividend per shRp
93.11
90.59
105.79
126.19
149.62
174.24
177.99
174.41
171.57
180.09
60.73
3.78%
8.11%
—
16.86
Div yield (avg)%
12.13
12.33
13.24
13.83
16.32
16.21
13.27
13.93
16.44
13.64
26.91
13.93
13.73
85
20.82
Payout ratio%
1.02
1.08
0.67
0.40
0.40
0.40
3.39
3.94
3.29
3.39
3.00
3.39
1.05
7
78.65
Shares (diluted)B
71.15
70.97
75.14
79.41
72.55
67.34
58.48
56.75
60.53
64.18
78.16
(2.42%)
(2.36%)
44
4.15
Buyback yield%
16.28
18.79
19.44
21.21
19.71
19.62
20.49
17.83
15.49
16.45
25.08
17.83
19.12
34
1.665
D/E ratiox
1.816
1.759
1.900
2.080
2.385
2.414
2.442
2.790
2.749
2.883
0.766
2.749
2.400
23
3,616
Enterprise valueRp B
5,694
5,654
6,051
5,418
5,298
4,678
4,476
4,001
4,381
4,134
5,560
(4.84%)
(2.54%)
68
4,968
LT debtRp B
2,253
2,125
2,222
2,296
2,433
2,329
2,357
2,395
2,348
2,372
6,350
(0.51%)
(0.98%)
62
Cost of revenue
6.43%
1.01×
Operating expenses
6.42%
1.01×
Property and equipment
18.39%
Cash and investments
17.11%