1,540
RevenueRp B
1,784
1,765
1,815
1,837
1,845
1,829
1,872
1,856
1,857
1,854
1,683
0.09%
0.52%
5
20.29
Revenue growth%
11.38
13.80
11.98
11.73
14.70
15.99
15.85
13.96
13.75
12.13
2.79
13.96
13.77
52
6.07
Gross margin%
5.89
8.49
7.10
4.73
7.28
5.24
5.55
2.89
2.53
1.53
14.83
2.89
5.40
80
14.25
Operating margin%
12.17
11.06
10.44
11.91
14.83
14.13
14.12
16.45
17.26
17.45
21.74
16.45
14.13
67
23.75
Net margin%
17.18
19.09
18.16
16.85
13.95
15.79
13.16
15.80
16.26
14.42
5.06
15.79
16.03
79
15.77
P/E ratio (avg)x
20.63
23.29
23.15
22.86
21.59
23.38
22.50
25.57
27.30
29.38
11.96
25.57
23.22
91
12.51
EV/EBITx
33.92
35.50
36.59
37.36
36.24
35.54
35.83
38.11
45.86
51.19
13.89
38.11
36.41
79
28.55
FCF yield (avg)%
21.32
22.30
21.67
23.59
25.35
25.42
24.39
26.45
27.93
26.13
25.90
26.13
24.87
77
4.64
FCF margin%
24.19
26.52
28.45
29.57
30.68
28.51
25.62
28.58
28.30
29.03
17.10
28.51
28.48
90
1.375
FCF / Net incomex
0.418
0.403
0.402
0.377
0.326
0.344
0.296
0.307
0.269
0.249
1.658
0.296
0.335
9
29.20
ROIC%
16.38
17.11
16.32
13.53
14.11
12.99
12.31
10.56
11.89
11.97
25.76
11.97
13.26
75
9.39
Return on equity%
0.40
0.40
0.40
0.40
0.69
1.54
1.69
3.81
5.43
6.41
25.84
3.81
1.11
82
8.28
Return on assets%
23.51
20.69
22.08
21.11
22.25
24.24
24.92
25.03
25.21
26.82
6.46
25.03
23.88
37
8.70
EPSRp
24.65
25.47
27.25
30.78
31.92
34.87
36.50
42.11
41.76
41.56
8.90
5.42%
6.97%
—
29.79
EPS growth%
6.17
6.62
4.92
1.93
2.34
1.25
0.40
3.31
5.45
3.27
28.53
3.27
3.29
65
16.56
Bookvalue per shRp
40.36
38.98
43.86
42.62
41.77
46.96
46.59
47.88
55.19
62.30
14.28
8.32%
6.02%
—
29.68
FCF per shareRp
54.40
51.62
60.57
63.42
63.89
67.47
73.92
80.96
83.74
97.35
8.23
8.79%
7.20%
—
47.12
Dividend per shRp
15.90
17.17
18.63
16.60
15.35
13.92
13.91
13.84
13.23
12.21
7.94
(4.47%)
(3.95%)
—
22.38
Div yield (avg)%
8.47
10.72
10.22
8.26
11.11
8.16
7.53
4.83
3.36
2.61
19.30
4.83
8.21
57
14.43
Payout ratio%
24.91
23.11
23.84
24.79
27.49
25.73
26.54
26.99
29.33
28.88
23.73
26.99
26.14
58
16.17
Shares (diluted)B
24.79
24.78
25.99
26.97
29.63
33.07
38.34
35.76
36.09
39.72
15.79
6.04%
5.74%
36
17.07
Buyback yield%
16.70
15.40
18.32
20.04
21.01
18.36
20.34
21.02
18.82
15.83
15.43
18.82
18.59
71
1.345
D/E ratiox
2.059
1.978
2.276
2.279
2.583
2.393
2.439
2.425
2.752
2.723
0.647
2.439
2.409
27
2,103
Enterprise valueRp B
3,586
4,136
4,047
4,429
5,224
6,105
6,789
6,999
7,439
8,328
1,920
9.78%
8.90%
15
876.3
LT debtRp B
1,700
1,566
1,607
1,419
1,437
1,409
1,477
1,394
1,246
1,243
1,217
(2.86%)
(3.55%)
31
Cost of revenue
0.36%
0.98×
Operating expenses
0.94%
1.04×
Goodwill & intangibles
18.03%
Cash and investments
15.01%
Spread over hurdle
11.29%