592.1
RevenueRp B
1,450
1,558
1,673
1,800
1,915
2,072
2,202
2,348
2,489
2,620
644.9
6.46%
6.78%
77
21.76
Revenue growth%
14.38
16.81
16.21
18.28
19.35
20.74
21.22
19.77
20.52
23.02
14.67
20.74
19.56
38
3.41
Gross margin%
9.99
10.15
10.49
10.38
10.08
12.84
10.12
10.93
11.57
9.44
3.24
10.93
10.27
8
14.83
Operating margin%
12.41
9.74
11.93
9.60
7.68
7.52
8.46
11.41
13.32
12.10
7.54
11.41
10.57
38
12.53
Net margin%
21.13
20.86
18.31
18.16
18.55
18.39
21.38
19.18
19.20
18.46
25.69
19.18
18.87
38
13.31
P/E ratio (avg)x
17.07
16.86
15.96
14.42
13.74
14.66
13.13
12.28
11.70
11.01
6.863
12.28
14.08
20
30.29
EV/EBITx
16.76
16.83
15.81
14.42
13.50
13.88
15.32
14.76
15.50
14.87
24.63
14.87
15.10
31
6.75
FCF yield (avg)%
15.26
16.95
15.05
13.19
10.72
8.99
8.30
7.71
9.79
10.83
26.52
8.99
10.77
89
18.50
FCF margin%
28.48
28.94
27.90
28.35
27.20
25.05
24.01
21.91
22.12
23.98
6.15
23.98
26.12
56
0.818
FCF / Net incomex
1.038
0.895
0.895
0.916
0.928
0.991
1.004
0.964
0.849
0.810
0.179
0.964
0.922
72
17.92
ROIC%
7.88
10.05
11.19
8.85
7.86
6.09
5.21
6.36
8.39
8.85
11.67
6.36
8.13
60
27.48
Return on equity%
16.78
16.43
14.92
17.83
18.13
21.04
18.05
19.06
17.04
18.13
26.35
18.13
17.94
58
21.70
Return on assets%
3.59
1.06
2.51
1.88
3.80
6.35
5.83
7.68
7.20
6.96
12.69
6.96
4.81
49
40.20
EPSRp
51.60
51.78
58.45
60.30
64.85
63.94
65.35
71.61
75.33
82.00
41.50
4.81%
5.73%
—
12.86
EPS growth%
19.91
21.22
20.28
17.43
14.43
13.62
14.91
14.62
16.83
16.86
19.17
14.91
16.85
9
30.28
Bookvalue per shRp
35.55
36.75
40.84
41.14
44.55
44.34
46.26
54.25
57.62
63.96
32.73
7.50%
7.79%
—
29.37
FCF per shareRp
54.98
56.54
64.37
64.84
67.05
70.84
67.94
72.94
75.62
82.73
17.45
4.29%
5.58%
—
30.00
Dividend per shRp
28.99
25.78
22.97
22.88
22.59
21.15
18.99
18.63
19.62
17.88
23.26
(4.57%)
(4.26%)
—
22.26
Div yield (avg)%
18.33
18.38
20.71
23.57
25.62
25.45
27.85
27.86
26.49
26.51
26.38
26.51
25.53
72
16.24
Payout ratio%
9.46
8.17
8.75
10.11
9.14
7.29
5.85
3.88
3.17
0.40
18.90
3.88
7.73
78
26.54
Shares (diluted)B
34.94
36.99
36.51
40.91
47.45
55.33
60.63
66.97
76.37
75.37
26.48
9.70%
8.34%
87
24.69
Buyback yield%
24.51
22.88
20.04
18.28
19.35
17.49
16.88
19.50
18.59
21.58
23.68
18.59
19.43
21
0.342
D/E ratiox
1.344
1.399
1.319
1.125
1.201
1.271
1.121
1.171
1.076
0.990
1.562
1.121
1.186
49
1,923
Enterprise valueRp B
1,528
1,427
1,437
1,353
1,267
1,321
1,349
1,274
1,380
1,448
800.1
2.70%
(0.56%)
64
1,775
LT debtRp B
971.8
1,025
938.6
849.4
828.7
918.1
913.4
1,024
1,075
1,181
1,772
7.35%
1.02%
92
Cost of revenue
6.34%
0.96×
Operating expenses
7.26%
1.05×
Cash and investments
18.74%
Property and equipment
17.37%
Spread over hurdle
(3.20%)