2.950
RevenueRp B
16.45
17.40
18.35
19.32
20.02
20.86
21.71
22.83
23.73
25.14
3.054
4.66%
4.91%
41
4.28
Revenue growth%
12.49
11.34
11.24
13.83
14.10
12.93
13.28
11.29
12.75
15.63
18.32
12.93
12.84
57
26.59
Gross margin%
21.89
23.55
25.04
23.78
24.79
24.71
24.53
23.09
25.37
26.18
17.02
24.71
24.62
14
4.25
Operating margin%
8.74
9.72
10.93
13.79
11.52
13.97
13.80
12.13
14.42
14.09
19.64
13.97
12.96
69
5.88
Net margin%
26.33
27.91
27.14
29.37
29.70
27.70
29.93
27.92
27.83
26.61
10.20
27.83
27.87
31
29.51
P/E ratio (avg)x
16.11
16.51
18.51
20.43
23.06
24.20
26.46
29.16
28.80
29.84
24.82
28.80
23.63
25
20.52
EV/EBITx
23.13
23.74
21.14
22.73
24.68
25.53
23.14
24.35
24.10
22.45
34.16
24.10
23.44
31
23.43
FCF yield (avg)%
4.75
4.39
4.11
2.25
2.73
2.17
0.40
0.40
3.01
3.04
24.79
2.17
2.87
25
28.57
FCF margin%
21.73
20.50
23.20
23.69
23.60
21.61
20.76
18.82
20.14
18.15
17.72
20.14
21.19
22
1.066
FCF / Net incomex
0.580
0.611
0.685
0.771
0.757
0.786
0.812
0.805
0.843
0.843
0.540
0.812
0.778
22
4.01
ROIC%
28.75
30.26
33.10
30.61
30.24
27.70
30.13
32.62
34.54
32.72
16.58
32.62
30.43
7
24.62
Return on equity%
26.09
24.51
22.74
25.57
26.65
27.33
27.41
29.84
30.07
30.52
5.11
29.84
26.99
68
7.39
Return on assets%
21.14
19.13
21.05
18.32
15.37
16.74
14.45
12.50
9.60
10.15
5.76
12.50
16.06
60
4.09
EPSRp
3.06
3.24
3.42
3.66
3.85
3.83
4.27
4.55
5.08
5.07
4.21
5.67%
4.74%
—
23.86
EPS growth%
30.09
28.73
25.96
28.46
27.79
25.45
22.79
21.03
18.61
21.58
2.75
21.58
25.70
46
3.74
Bookvalue per shRp
6.05
6.60
7.71
7.57
8.17
9.38
9.06
9.16
9.44
10.61
7.15
5.37%
6.13%
—
1.80
FCF per shareRp
7.63
7.07
7.37
7.50
7.93
7.88
7.58
7.91
7.07
6.46
7.95
(4.00%)
(1.13%)
—
6.09
Dividend per shRp
2.47
2.71
2.72
2.71
2.99
3.29
3.10
3.47
3.60
3.38
3.74
2.46%
4.02%
—
13.41
Div yield (avg)%
0.40
0.40
3.18
3.59
5.01
2.66
1.36
0.40
0.40
1.09
19.43
1.09
1.23
54
7.36
Payout ratio%
10.68
13.47
13.05
12.99
15.36
12.53
12.66
12.14
14.04
13.00
4.27
12.66
12.99
41
2.058
Shares (diluted)B
2.512
2.838
3.106
3.233
3.283
3.225
3.443
3.663
3.975
4.288
2.035
5.48%
5.04%
26
13.33
Buyback yield%
0.40
2.08
1.02
3.06
0.84
1.93
0.40
0.40
0.40
1.17
27.13
0.40
0.93
42
0.599
D/E ratiox
0.143
0.164
0.186
0.204
0.213
0.229
0.221
0.250
0.271
0.275
0.924
0.250
0.217
93
18.69
Enterprise valueRp B
40.48
47.21
53.72
53.38
55.65
61.33
65.40
66.02
65.63
66.92
15.80
3.76%
6.11%
36
27.94
LT debtRp B
20.68
23.20
25.13
24.14
26.39
30.69
33.56
39.40
40.42
43.50
18.62
10.51%
8.29%
17
Cost of revenue
5.06%
1.02×
Operating expenses
4.79%
0.99×
Cash and investments
17.74%
Property and equipment
17.57%
Spread over hurdle
(7.71%)