1,349
RevenueRp B
1,069
1,150
1,253
1,365
1,498
1,643
1,795
1,968
2,126
2,253
1,423
8.51%
8.60%
72
2.07
Revenue growth%
2.49
0.72
0.68
3.51
2.23
4.59
7.37
7.76
7.33
5.70
20.82
7.33
4.05
74
23.33
Gross margin%
6.22
6.78
4.83
5.46
3.57
6.55
8.28
9.60
8.55
9.23
5.25
8.55
6.67
47
2.18
Operating margin%
23.00
25.32
25.16
25.45
22.96
25.01
25.64
28.08
25.20
26.63
5.21
25.64
25.26
63
5.47
Net margin%
11.76
9.39
11.55
13.84
13.88
13.96
14.68
16.81
16.41
14.25
13.18
14.68
13.92
58
33.98
P/E ratio (avg)x
21.87
23.47
24.62
25.57
24.00
24.37
23.40
20.89
23.26
24.53
11.82
23.40
23.74
22
27.97
EV/EBITx
19.88
19.34
21.83
23.54
22.84
21.75
23.00
22.94
25.91
24.81
37.56
23.00
22.89
74
10.83
FCF yield (avg)%
16.90
18.61
17.35
16.76
14.09
14.26
12.69
15.64
17.23
15.30
9.78
15.30
16.20
14
3.38
FCF margin%
22.11
23.70
21.72
24.11
25.12
23.51
23.75
26.30
26.44
24.12
16.44
24.12
23.93
53
1.025
FCF / Net incomex
1.641
1.584
1.868
1.849
1.760
2.054
2.343
2.710
2.855
2.876
0.241
2.710
1.961
81
14.42
ROIC%
18.85
21.07
22.41
23.05
24.18
22.12
19.74
21.22
19.07
21.21
10.30
21.21
21.22
19
19.85
Return on equity%
20.09
20.89
20.87
20.27
22.10
24.76
22.92
25.45
24.52
22.73
4.82
24.52
22.42
43
8.39
Return on assets%
6.95
7.91
6.54
7.60
9.94
12.15
14.36
17.32
19.39
18.91
2.45
17.32
11.04
53
60.51
EPSRp
21.05
19.62
19.15
17.96
18.89
19.97
21.70
20.98
19.61
20.12
62.07
1.27%
(1.61%)
—
28.73
EPS growth%
30.98
31.34
32.70
33.63
32.56
30.58
31.64
32.28
29.90
31.48
25.48
31.48
31.56
88
64.89
Bookvalue per shRp
32.14
32.54
34.75
36.97
33.79
34.77
36.71
30.98
31.74
27.50
74.43
(4.04%)
(2.21%)
—
31.70
FCF per shareRp
98.19
109.13
110.04
127.44
128.26
142.72
146.87
156.74
146.35
165.40
22.56
5.22%
6.43%
—
77.70
Dividend per shRp
44.73
49.66
46.49
41.89
37.48
38.30
41.84
40.01
39.63
39.34
24.61
0.97%
(2.49%)
—
17.20
Div yield (avg)%
14.73
14.89
15.38
16.78
17.73
19.73
17.36
14.82
15.35
17.03
10.72
17.03
16.08
6
9.68
Payout ratio%
7.04
7.01
4.29
6.52
8.64
10.70
11.13
10.34
11.75
9.04
24.12
10.70
8.84
67
23.92
Shares (diluted)B
28.72
25.98
24.29
23.48
23.94
21.74
21.34
23.68
25.80
25.38
23.40
1.17%
(0.04%)
54
23.01
Buyback yield%
20.92
22.24
21.34
21.60
18.97
16.13
14.89
15.21
13.43
10.85
20.75
14.89
17.55
91
1.700
D/E ratiox
1.312
1.221
1.372
1.497
1.616
1.538
1.398
1.389
1.491
1.594
1.040
1.491
1.444
88
935.0
Enterprise valueRp B
1,647
1,602
1,667
1,654
1,837
2,010
2,196
2,458
2,463
2,524
531.6
6.56%
4.33%
50
1,461
LT debtRp B
546.0
478.1
456.7
455.5
472.9
435.9
437.1
435.4
439.0
389.1
1,820
(3.83%)
(3.88%)
16
Cost of revenue
8.71%
1.01×
Operating expenses
7.83%
0.93×
Property and equipment
13.55%
Spread over hurdle
(4.93%)