4,673
RevenueRp B
10,906
11,042
11,067
11,093
11,127
11,315
11,617
11,578
11,749
11,858
4,785
1.28%
0.93%
13
25.36
Revenue growth%
31.85
29.36
31.37
29.09
26.75
29.08
29.19
26.68
26.59
25.45
7.32
26.68
29.09
7
21.45
Gross margin%
12.36
12.81
14.79
15.59
13.94
12.88
9.90
10.10
7.11
4.85
27.31
9.90
12.59
45
29.93
Operating margin%
22.81
24.20
24.15
21.29
20.97
21.08
20.39
20.31
22.86
23.29
7.04
21.08
22.05
74
20.40
Net margin%
33.25
35.57
36.43
33.69
31.69
33.51
31.54
31.11
32.83
35.38
19.61
32.83
33.38
37
6.616
P/E ratio (avg)x
43.12
45.92
48.98
46.06
43.57
47.41
50.03
48.07
54.53
50.29
12.12
50.03
47.74
28
15.12
EV/EBITx
14.68
13.69
11.80
11.97
11.00
11.91
10.62
11.42
11.12
10.13
26.46
11.12
11.61
80
7.53
FCF yield (avg)%
13.83
13.32
15.75
15.70
17.74
18.43
21.32
18.63
20.96
22.13
9.35
20.96
18.09
21
9.57
FCF margin%
17.06
15.71
14.74
16.24
13.77
15.51
15.40
13.41
12.32
10.76
29.34
13.41
15.07
58
0.803
FCF / Net incomex
1.696
1.697
1.995
1.878
1.797
1.882
1.813
2.062
2.365
2.293
0.554
2.062
1.880
78
9.15
ROIC%
5.90
6.86
5.40
4.04
6.05
8.49
9.78
12.17
13.50
14.90
8.63
12.17
7.68
90
28.37
Return on equity%
2.66
4.94
7.73
4.92
3.90
6.77
6.64
8.25
5.33
7.81
12.44
6.77
5.98
42
23.85
Return on assets%
24.98
25.46
27.00
25.08
27.02
29.65
28.16
27.38
28.41
27.68
27.78
28.16
27.20
29
148.83
EPSRp
66.59
73.23
84.38
85.76
93.90
91.41
102.92
109.87
106.11
105.16
155.94
2.29%
4.09%
—
8.85
EPS growth%
32.06
31.26
28.55
30.05
29.14
27.11
27.45
29.66
28.47
25.93
25.70
27.45
28.84
64
162.58
Bookvalue per shRp
345.96
369.83
361.47
398.67
457.28
451.70
526.36
550.17
583.88
641.53
96.61
7.01%
6.45%
—
131.68
FCF per shareRp
82.97
78.85
72.50
69.57
72.24
68.84
63.86
61.58
66.45
61.83
208.65
(3.06%)
(1.82%)
—
110.17
Dividend per shRp
89.37
91.49
92.73
92.43
98.97
107.12
99.64
100.67
90.19
84.31
161.02
(3.15%)
(0.74%)
—
23.09
Div yield (avg)%
23.82
25.61
28.32
28.23
28.10
30.50
29.42
28.86
26.75
29.12
6.63
29.12
28.27
36
16.05
Payout ratio%
15.61
16.73
17.93
15.87
15.78
17.76
14.78
15.89
13.98
13.89
18.86
14.78
15.82
15
12.77
Shares (diluted)B
17.82
20.74
22.18
22.17
23.02
23.90
24.84
26.93
27.69
28.66
12.94
4.48%
6.37%
79
9.87
Buyback yield%
20.71
18.63
16.44
18.25
15.28
16.38
14.71
12.27
11.60
10.46
6.92
12.27
15.83
18
0.146
D/E ratiox
1.416
1.640
1.746
1.955
2.270
2.480
2.425
2.676
2.671
2.610
0.120
2.610
2.347
81
6,936
Enterprise valueRp B
10,918
12,436
13,780
15,318
16,809
19,114
20,616
20,810
19,724
19,000
8,203
2.48%
5.82%
12
9,548
LT debtRp B
7,019
6,905
7,105
7,506
7,333
7,907
8,444
7,852
7,322
6,596
7,420
(2.10%)
(0.08%)
76
Cost of revenue
0.98%
1.01×
Operating expenses
0.29%
0.94×
Property and equipment
16.32%
Spread over hurdle
21.59%