36.22
RevenueRp B
108.2
107.2
108.4
108.8
110.4
113.1
114.5
114.0
116.3
118.1
37.48
1.36%
1.07%
76
18.44
Revenue growth%
12.08
11.79
14.32
17.27
17.48
17.46
16.91
14.06
11.78
11.07
29.01
14.06
14.19
55
5.50
Gross margin%
28.95
31.76
33.03
32.61
35.39
33.30
31.17
33.37
35.45
34.74
8.33
33.37
33.17
79
11.92
Operating margin%
27.49
28.28
29.16
29.07
28.00
26.43
28.94
30.21
32.37
34.95
15.43
30.21
29.00
24
7.01
Net margin%
25.73
24.56
23.26
25.08
24.95
23.96
21.88
21.07
18.27
19.14
11.61
21.07
23.61
91
7.423
P/E ratio (avg)x
25.67
25.54
28.56
27.89
28.80
28.08
31.44
32.61
30.30
34.43
19.01
31.44
28.68
25
22.63
EV/EBITx
9.639
8.788
7.522
6.842
6.272
6.718
5.869
4.991
5.085
4.634
8.174
5.085
6.495
18
2.79
FCF yield (avg)%
5.80
5.04
7.04
8.74
6.54
7.59
9.80
7.37
7.19
7.06
26.14
7.37
7.12
54
8.65
FCF margin%
9.64
9.81
8.64
7.09
9.47
12.27
9.78
12.30
11.41
14.40
27.29
12.27
9.80
93
0.687
FCF / Net incomex
0.689
0.703
0.773
0.794
0.882
1.065
1.140
1.113
1.237
1.253
0.606
1.140
0.973
32
29.77
ROIC%
7.33
10.18
11.13
10.62
11.44
11.31
12.37
10.86
11.13
12.50
27.14
11.31
11.13
39
26.80
Return on equity%
0.40
0.82
2.76
1.53
0.40
0.40
0.84
3.82
4.62
2.63
5.45
2.63
1.18
84
15.63
Return on assets%
0.40
0.40
0.40
0.40
0.51
0.40
1.71
0.52
0.40
1.41
6.17
0.52
0.40
8
0.26
EPSRp
1.79
1.91
2.20
2.22
2.32
2.39
2.33
2.78
3.14
3.35
0.28
7.66%
6.99%
—
2.43
EPS growth%
7.75
9.75
12.02
12.83
12.76
10.56
8.69
7.59
10.23
11.79
21.58
10.23
10.39
48
0.60
Bookvalue per shRp
0.75
0.75
0.78
0.80
0.83
0.92
1.11
1.30
1.43
1.54
0.85
13.12%
8.53%
—
0.97
FCF per shareRp
1.26
1.25
1.37
1.54
1.64
1.90
1.92
2.25
2.26
2.34
0.73
7.29%
6.01%
—
0.87
Dividend per shRp
0.87
0.85
0.93
0.93
0.86
0.94
1.08
1.01
0.96
0.89
1.07
0.56%
(0.01%)
—
25.09
Div yield (avg)%
11.59
10.91
12.93
12.92
10.08
9.71
12.08
12.74
11.34
10.98
22.86
11.34
11.47
67
13.06
Payout ratio%
22.85
22.51
22.71
19.88
19.63
19.80
21.87
22.51
24.58
25.89
16.26
22.51
22.51
31
32.62
Shares (diluted)B
35.91
34.75
34.38
36.15
36.05
37.45
36.13
41.17
39.31
37.64
31.44
0.87%
0.38%
18
22.38
Buyback yield%
28.56
27.41
24.46
23.59
21.18
19.46
18.13
18.99
16.35
16.71
16.90
18.13
20.32
40
1.230
D/E ratiox
0.575
0.605
0.655
0.677
0.697
0.767
0.785
0.806
0.900
1.001
1.249
0.806
0.732
67
70.99
Enterprise valueRp B
45.20
49.64
56.29
65.70
74.43
70.54
71.62
80.67
89.85
104.4
33.08
7.00%
9.22%
70
66.94
LT debtRp B
84.39
89.44
96.00
103.3
111.4
126.7
118.9
118.0
116.5
127.8
117.8
2.80%
5.04%
20
Cost of revenue
0.86%
0.98×
Operating expenses
1.55%
1.05×
Spread over hurdle
(3.76%)