970.8
RevenueRp B
958.2
971.7
996.3
1,046
1,075
1,129
1,187
1,232
1,301
1,360
1,058
4.82%
3.75%
63
8.64
Revenue growth%
25.41
22.46
20.81
19.24
20.44
22.12
22.81
22.32
23.45
23.78
27.93
22.81
22.39
15
22.03
Gross margin%
24.96
27.17
29.45
27.55
28.07
29.09
29.25
28.39
30.19
27.23
5.51
29.09
28.23
83
10.50
Operating margin%
32.35
29.98
28.56
31.22
29.46
28.72
29.73
27.50
29.92
29.62
11.35
29.62
29.67
61
16.18
Net margin%
6.31
7.73
6.66
9.39
7.55
9.02
9.54
12.16
14.61
15.49
9.30
12.16
9.20
93
11.81
P/E ratio (avg)x
7.770
8.770
9.238
10.14
10.28
10.01
9.523
9.852
10.79
11.53
33.67
10.01
9.931
70
9.622
EV/EBITx
23.93
22.25
22.00
21.39
23.95
24.35
26.83
27.80
30.43
33.21
18.16
27.80
24.15
82
12.45
FCF yield (avg)%
24.06
21.30
23.98
21.45
22.09
22.16
20.21
20.95
19.90
20.82
28.87
20.82
21.38
82
28.12
FCF margin%
16.64
15.10
15.20
13.44
12.15
10.50
9.12
10.08
10.69
12.97
16.31
10.50
12.56
74
0.284
FCF / Net incomex
1.192
1.205
1.223
1.149
1.207
1.227
1.260
1.399
1.568
1.450
0.424
1.399
1.225
86
8.70
ROIC%
14.68
16.06
18.63
18.17
16.84
17.64
15.58
15.19
16.85
17.73
22.89
16.85
16.85
71
29.65
Return on equity%
25.23
24.67
27.12
26.08
27.05
30.01
29.82
31.14
29.93
28.76
18.54
29.93
27.94
47
14.82
Return on assets%
27.25
24.60
25.31
28.12
25.17
27.59
27.93
26.34
24.10
26.89
18.97
26.89
26.61
52
11.82
EPSRp
29.23
24.89
23.34
25.20
24.21
22.95
22.20
23.65
23.81
23.35
12.76
(0.72%)
(3.01%)
—
14.65
EPS growth%
19.44
18.70
16.61
14.65
13.11
12.99
15.19
17.77
16.26
17.81
14.62
16.26
16.44
18
23.15
Bookvalue per shRp
6.94
7.55
7.53
8.22
8.73
8.73
7.59
7.70
8.10
7.38
24.27
(3.30%)
1.09%
—
32.86
FCF per shareRp
19.13
16.73
17.39
16.33
14.74
14.53
14.04
15.41
15.35
14.89
23.83
0.21%
(3.40%)
—
21.57
Dividend per shRp
13.50
15.91
17.64
17.51
18.44
20.30
23.95
27.56
29.56
31.27
7.19
11.13%
9.48%
—
19.07
Div yield (avg)%
21.84
22.00
21.48
23.29
23.31
23.60
20.85
23.43
24.73
21.91
3.14
23.43
22.64
38
29.61
Payout ratio%
21.23
18.62
20.95
20.23
22.55
21.11
19.58
18.04
17.22
15.14
25.80
18.04
19.90
45
16.00
Shares (diluted)B
22.38
21.68
20.80
19.57
21.15
19.68
18.71
17.73
20.19
22.78
15.64
1.49%
1.19%
65
15.98
Buyback yield%
19.31
21.34
22.39
23.65
23.41
22.05
22.41
24.08
26.75
27.73
12.62
24.08
22.91
80
0.156
D/E ratiox
0.160
0.140
0.121
0.105
0.108
0.101
0.091
0.090
0.093
0.094
0.661
0.093
0.103
85
741.2
Enterprise valueRp B
597.9
620.5
632.1
680.7
582.0
571.8
534.9
569.2
499.2
473.3
326.3
(4.05%)
(1.91%)
74
272.8
LT debtRp B
227.9
263.4
261.2
251.3
281.5
288.9
325.5
325.9
348.9
399.8
828.9
7.27%
6.80%
40
Cost of revenue
3.79%
1.00×
Operating expenses
3.50%
0.98×
Property and equipment
15.88%
Spread over hurdle
(2.99%)