71.55
RevenueRp B
612.5
632.4
668.2
715.5
755.8
782.4
825.3
882.3
933.4
974.9
79.33
5.22%
5.13%
5
23.76
Revenue growth%
36.15
39.01
40.90
42.45
45.11
44.33
44.10
44.74
43.10
44.25
11.91
44.25
43.60
69
13.95
Gross margin%
24.01
24.03
22.82
20.91
22.05
24.10
21.50
23.72
24.14
24.73
23.59
24.10
23.87
88
22.67
Operating margin%
8.13
10.83
9.80
10.37
11.19
8.34
10.75
9.53
11.42
11.05
25.27
10.75
10.56
78
8.78
Net margin%
28.41
30.96
32.92
33.66
35.80
38.61
40.78
43.76
41.85
44.76
3.70
41.85
37.20
29
29.28
P/E ratio (avg)x
30.67
36.01
39.00
42.13
48.56
51.98
49.79
51.35
54.95
57.95
32.32
51.98
49.18
71
36.61
EV/EBITx
12.70
14.83
16.40
18.69
21.90
24.77
25.19
24.99
25.37
25.28
25.82
25.19
23.33
52
27.88
FCF yield (avg)%
13.23
12.07
14.76
16.83
17.98
18.66
19.01
16.49
18.78
19.36
29.79
18.78
17.41
68
17.94
FCF margin%
22.21
20.30
17.59
16.10
18.24
20.57
20.38
18.88
21.26
18.40
3.08
20.38
19.59
29
1.338
FCF / Net incomex
1.014
1.077
1.102
0.994
0.901
0.998
0.909
0.806
0.780
0.768
0.428
0.806
0.952
30
9.96
ROIC%
21.46
18.91
19.86
22.44
23.16
22.94
20.95
20.39
20.65
19.73
15.46
20.65
20.80
86
26.07
Return on equity%
23.56
21.37
18.59
15.82
17.35
20.06
18.80
18.58
18.84
21.66
20.37
18.84
18.82
10
12.36
Return on assets%
25.71
23.18
23.26
20.44
22.35
23.87
25.65
25.54
23.56
22.00
11.11
23.87
23.41
16
11.72
EPSRp
13.52
14.01
13.82
14.21
13.57
14.00
13.37
14.09
13.83
12.93
12.66
(0.96%)
0.79%
—
21.97
EPS growth%
13.17
15.92
18.63
20.23
19.79
21.10
18.62
17.13
15.16
17.07
27.55
17.13
17.88
27
8.09
Bookvalue per shRp
15.04
13.52
12.39
11.26
11.82
12.82
12.23
13.78
14.52
14.97
12.30
4.85%
(0.92%)
—
11.91
FCF per shareRp
9.63
9.25
9.50
9.18
8.44
8.92
9.30
8.98
8.66
9.68
15.54
2.79%
(0.25%)
—
8.82
Dividend per shRp
17.02
17.56
19.14
22.30
23.64
25.31
24.95
24.03
25.18
24.29
17.53
0.54%
3.86%
—
24.64
Div yield (avg)%
27.79
25.27
27.66
29.20
30.24
28.27
29.80
32.74
31.76
33.66
23.02
31.76
29.50
71
16.75
Payout ratio%
17.44
19.55
20.10
20.55
22.92
20.93
20.38
20.66
20.33
19.52
4.92
20.38
20.36
60
17.65
Shares (diluted)B
27.51
29.51
31.21
36.06
42.54
45.58
46.99
51.20
48.54
46.20
17.04
1.67%
4.71%
80
8.48
Buyback yield%
11.57
9.38
10.54
7.84
7.30
7.91
5.61
4.76
5.63
6.82
12.53
5.63
7.57
43
0.302
D/E ratiox
0.183
0.194
0.203
0.225
0.258
0.270
0.294
0.301
0.289
0.315
0.868
0.294
0.264
81
785.2
Enterprise valueRp B
359.5
421.3
486.1
515.1
586.2
674.7
790.2
908.1
971.0
1,050
669.3
12.36%
11.70%
85
440.2
LT debtRp B
394.5
431.1
413.4
384.3
432.8
458.3
431.0
422.8
453.1
511.8
134.8
3.41%
3.97%
53
Cost of revenue
5.03%
0.99×
Operating expenses
5.56%
1.04×
Property and equipment
17.98%
Spread over hurdle
(0.59%)