89.02
RevenueRp B
59.53
65.03
71.93
77.29
84.04
91.89
101.5
108.6
119.9
131.9
94.21
9.44%
9.02%
15
4.07
Revenue growth%
25.25
26.87
25.37
24.75
23.69
24.39
25.66
25.50
28.45
30.16
8.37
25.66
25.43
48
24.36
Gross margin%
17.15
19.23
20.75
20.22
17.55
20.53
19.62
20.12
20.58
20.79
29.15
20.53
20.17
86
4.27
Operating margin%
2.15
0.59
0.40
1.55
0.40
0.40
0.40
0.58
3.11
0.58
17.65
0.58
0.58
7
15.80
Net margin%
14.42
14.57
14.98
12.54
14.39
15.76
15.17
15.71
13.78
11.94
6.04
15.17
14.50
55
25.01
P/E ratio (avg)x
18.04
18.38
19.99
18.75
19.49
17.70
18.04
16.92
16.43
14.71
17.17
16.92
18.04
74
36.78
EV/EBITx
21.12
19.08
20.81
19.26
18.83
18.09
20.27
18.56
18.54
19.17
20.11
18.56
19.13
16
20.74
FCF yield (avg)%
17.80
17.91
15.58
15.84
13.75
16.23
14.09
14.26
16.93
16.18
14.12
16.18
16.01
28
5.16
FCF margin%
30.17
31.98
31.89
30.51
33.10
32.70
33.48
32.81
31.69
32.80
7.61
32.80
32.34
29
1.015
FCF / Net incomex
1.063
1.224
1.469
1.716
1.824
2.016
2.222
2.353
2.742
2.962
0.210
2.353
1.920
16
21.45
ROIC%
22.06
23.06
24.00
24.04
25.19
24.97
22.11
19.34
16.86
17.80
6.36
19.34
22.58
76
12.89
Return on equity%
27.77
25.00
26.92
29.20
30.38
27.79
28.36
29.44
29.65
27.57
12.31
28.36
28.08
72
6.51
Return on assets%
24.08
22.44
21.86
20.25
18.39
19.15
18.52
20.23
18.66
18.94
16.29
18.94
19.69
56
36.46
EPSRp
85.57
96.01
112.90
129.36
149.06
142.17
144.14
150.25
168.62
179.72
39.21
3.81%
7.17%
—
3.48
EPS growth%
14.06
15.46
17.65
19.55
18.20
19.05
19.32
20.50
17.55
17.42
2.57
19.05
17.93
20
35.43
Bookvalue per shRp
130.68
132.64
151.71
175.02
206.46
240.27
283.27
311.53
324.71
342.59
76.91
10.66%
9.60%
—
57.22
FCF per shareRp
40.67
38.60
34.06
36.72
38.45
33.11
32.25
33.98
29.91
27.79
61.78
(6.29%)
(5.06%)
—
122.10
Dividend per shRp
68.77
73.16
71.84
83.48
82.14
89.89
101.74
105.34
126.16
121.89
104.99
8.21%
5.83%
—
13.63
Div yield (avg)%
25.01
26.23
26.86
25.42
25.95
25.99
24.16
23.32
24.60
25.87
23.42
24.60
25.64
92
27.60
Payout ratio%
9.44
8.16
10.88
10.79
13.35
12.50
13.43
11.25
9.85
7.23
29.26
11.25
10.83
82
0.931
Shares (diluted)B
1.080
1.092
1.078
1.066
1.196
1.258
1.191
1.278
1.268
1.314
0.919
1.89%
1.21%
70
27.16
Buyback yield%
5.96
8.94
10.53
13.18
13.66
11.89
12.96
13.56
12.16
13.00
28.49
12.96
12.56
75
0.549
D/E ratiox
0.259
0.259
0.300
0.317
0.378
0.442
0.507
0.578
0.612
0.710
1.210
0.578
0.410
7
101.0
Enterprise valueRp B
199.7
208.8
239.8
245.0
278.6
309.5
309.7
300.0
351.0
402.5
63.66
7.64%
6.94%
90
124.6
LT debtRp B
10.33
9.808
9.535
9.463
9.342
8.980
9.660
10.07
10.69
10.48
148.5
2.32%
0.13%
37
Cost of revenue
9.46%
1.04×
Operating expenses
8.48%
0.95×
Cash and investments
16.52%
Goodwill & intangibles
15.21%
Spread over hurdle
(3.83%)