193.1
RevenueRp B
191.1
192.8
200.9
209.8
216.6
226.2
228.0
233.0
243.6
251.5
204.1
3.03%
3.07%
78
24.68
Revenue growth%
17.33
14.40
16.46
17.45
18.17
18.05
18.02
18.16
20.41
18.38
6.60
18.16
18.03
62
22.30
Gross margin%
25.60
27.88
26.44
24.40
23.77
21.65
24.06
23.22
21.20
19.80
10.37
21.65
23.92
21
22.95
Operating margin%
28.26
26.42
29.22
31.41
30.16
32.31
30.18
33.03
34.03
31.38
11.03
32.31
30.78
19
15.40
Net margin%
8.58
10.17
9.32
10.65
9.52
10.85
8.68
9.58
10.01
10.52
3.89
10.01
9.80
93
11.74
P/E ratio (avg)x
17.34
16.09
15.04
16.31
15.38
16.72
16.52
16.85
15.53
17.07
8.990
16.72
16.42
91
33.93
EV/EBITx
42.81
47.89
52.37
60.78
68.02
80.05
92.22
107.6
108.1
123.2
26.59
107.6
74.04
15
7.45
FCF yield (avg)%
7.50
10.31
9.15
7.63
9.20
7.81
9.98
9.36
9.99
11.91
16.81
9.98
9.28
23
16.08
FCF margin%
14.92
16.22
15.41
16.91
15.29
17.12
19.23
20.85
20.83
19.62
8.02
19.62
17.01
66
1.513
FCF / Net incomex
1.915
1.773
1.948
1.878
2.087
1.914
2.086
2.025
1.965
1.875
1.603
1.965
1.931
63
3.25
ROIC%
13.33
13.29
14.21
15.74
14.49
16.34
17.10
17.73
19.50
21.77
21.79
17.73
16.04
27
20.94
Return on equity%
15.33
15.44
17.32
15.54
16.43
14.67
12.57
14.96
16.51
16.75
26.69
14.96
15.49
59
24.41
Return on assets%
12.52
13.43
12.12
13.41
15.16
13.73
12.04
12.40
15.37
16.31
19.56
13.73
13.42
22
66.10
EPSRp
61.83
65.56
57.63
58.74
62.72
66.84
59.61
54.87
48.75
51.53
73.57
(3.85%)
(1.84%)
—
21.20
EPS growth%
26.61
25.87
24.22
25.74
25.27
23.25
21.58
19.59
16.79
19.59
21.64
19.59
23.73
76
29.77
Bookvalue per shRp
11.64
11.06
10.58
11.91
12.20
13.24
14.86
15.90
14.43
15.19
20.55
4.49%
2.99%
—
45.17
FCF per shareRp
64.84
66.89
67.70
69.20
78.69
89.48
98.54
111.77
121.65
128.77
46.13
10.35%
7.46%
—
66.06
Dividend per shRp
70.15
76.02
70.29
72.70
81.49
83.98
84.92
80.34
83.61
87.86
49.37
1.52%
2.31%
—
3.98
Div yield (avg)%
8.49
7.04
7.72
8.88
8.76
11.45
9.56
9.69
11.64
11.56
23.07
11.45
9.22
72
26.65
Payout ratio%
12.89
10.31
12.51
11.36
13.88
11.44
9.21
7.85
8.32
6.47
8.56
8.32
10.83
55
1.843
Shares (diluted)B
2.396
2.345
2.212
2.382
2.777
2.802
3.291
3.306
3.726
4.397
1.863
9.63%
6.68%
31
6.83
Buyback yield%
19.81
22.74
21.11
22.87
23.25
20.75
20.57
20.53
22.46
23.52
9.36
20.75
21.79
25
1.642
D/E ratiox
0.369
0.389
0.366
0.382
0.359
0.368
0.383
0.430
0.494
0.471
1.354
0.430
0.383
31
57.85
Enterprise valueRp B
48.56
50.04
47.44
46.47
49.98
47.44
45.40
51.01
53.48
59.56
188.1
3.57%
3.59%
73
168.0
LT debtRp B
174.3
172.2
176.3
178.9
193.0
184.1
203.9
198.2
193.5
186.0
215.7
(0.74%)
1.69%
93
Cost of revenue
2.82%
0.98×
Operating expenses
3.36%
1.03×
Cash and investments
17.75%
Spread over hurdle
(2.60%)