2,184
RevenueRp B
1,079
1,148
1,242
1,347
1,434
1,526
1,638
1,771
1,921
2,084
2,420
7.76%
7.39%
12
15.72
Revenue growth%
21.81
19.32
20.20
18.81
18.83
17.82
20.71
20.13
18.06
18.22
15.22
18.22
19.07
52
11.25
Gross margin%
5.93
6.88
8.46
9.34
8.77
6.45
7.99
8.08
6.31
6.40
10.45
6.45
7.44
40
17.73
Operating margin%
27.25
29.31
29.98
31.71
29.42
32.04
34.62
37.39
34.78
32.44
6.57
34.62
31.87
22
16.47
Net margin%
17.38
19.89
21.86
22.11
21.61
21.49
22.93
23.59
25.67
22.69
6.90
22.93
21.98
9
12.17
P/E ratio (avg)x
64.86
65.15
75.22
74.59
78.57
92.67
107.8
111.4
120.4
137.4
20.48
111.4
85.62
89
24.69
EV/EBITx
25.92
24.08
22.79
24.41
24.06
24.84
27.64
25.38
28.02
26.84
13.95
26.84
25.11
36
16.04
FCF yield (avg)%
11.69
11.71
11.26
13.54
15.35
14.52
15.59
13.49
14.30
15.65
19.85
14.52
13.92
70
8.65
FCF margin%
19.49
19.00
17.62
17.74
15.87
17.16
15.51
12.91
14.04
14.60
26.57
14.60
16.52
46
1.742
FCF / Net incomex
0.604
0.598
0.626
0.611
0.628
0.658
0.647
0.755
0.799
0.889
1.396
0.755
0.638
52
28.03
ROIC%
11.62
9.52
10.21
10.87
10.52
12.88
12.92
14.40
13.07
13.15
15.39
13.07
12.25
7
6.23
Return on equity%
22.44
23.85
22.84
24.51
25.13
23.67
25.31
26.30
27.04
27.36
2.37
26.30
24.82
71
22.45
Return on assets%
31.94
33.45
32.51
32.84
32.46
34.77
35.21
32.42
31.15
30.19
21.34
32.42
32.49
45
360.28
EPSRp
414.22
384.06
371.81
367.59
336.92
328.60
327.59
319.43
319.26
341.97
379.46
0.30%
(2.72%)
—
6.21
EPS growth%
2.00
0.40
1.54
1.08
1.57
0.81
0.64
1.73
0.40
0.40
7.64
0.64
0.95
49
147.01
Bookvalue per shRp
101.22
99.77
101.95
107.39
94.25
97.83
107.85
103.48
106.26
109.34
265.29
3.02%
0.71%
—
623.39
FCF per shareRp
1,073
1,209
1,176
1,288
1,499
1,728
1,935
2,195
2,482
2,424
260.15
10.09%
9.92%
—
226.44
Dividend per shRp
359.68
392.76
422.78
467.47
489.74
542.78
509.58
471.88
419.49
417.57
203.71
(3.14%)
0.36%
—
19.97
Div yield (avg)%
0.40
0.40
1.68
4.34
4.59
3.37
5.98
6.38
6.33
4.23
26.03
5.98
4.29
7
22.19
Payout ratio%
17.00
16.39
15.97
15.84
14.99
17.56
19.82
18.75
18.09
16.03
3.76
18.09
16.69
25
1.210
Shares (diluted)B
1.685
1.912
1.924
2.123
2.031
2.322
2.512
2.383
2.593
2.913
1.206
7.48%
5.32%
58
24.35
Buyback yield%
16.37
15.40
18.34
18.67
20.66
21.84
23.68
24.15
22.86
20.00
24.81
22.86
20.33
7
0.249
D/E ratiox
0.764
0.814
0.788
0.702
0.755
0.823
0.717
0.632
0.653
0.667
0.313
0.667
0.736
71
567.3
Enterprise valueRp B
1,421
1,538
1,562
1,616
1,525
1,492
1,386
1,344
1,437
1,469
1,332
(0.75%)
1.69%
66
161.6
LT debtRp B
356.9
377.7
397.9
369.4
325.0
314.1
322.4
334.8
355.0
311.8
959.6
(0.83%)
(0.58%)
11
Cost of revenue
7.59%
1.02×
Operating expenses
6.85%
0.95×
Cash and investments
16.93%