2,072
RevenueRp B
2,144
2,235
2,326
2,445
2,538
2,627
2,630
2,702
2,836
2,855
2,134
2.38%
3.01%
45
29.94
Revenue growth%
12.11
12.86
12.12
12.93
10.29
12.20
10.94
13.26
11.24
9.03
4.09
11.24
12.11
73
24.99
Gross margin%
12.78
11.13
9.00
8.77
8.00
5.63
6.24
6.20
8.55
9.81
26.39
6.24
8.66
40
18.53
Operating margin%
8.78
5.82
4.46
5.77
3.63
3.38
5.79
7.38
5.41
4.40
15.83
5.41
5.59
65
2.95
Net margin%
18.05
19.53
17.05
18.58
19.15
16.27
18.58
20.82
18.58
17.32
16.13
18.58
18.58
53
11.35
P/E ratio (avg)x
11.69
12.14
11.44
9.721
10.18
8.858
9.074
9.006
8.443
8.929
12.16
8.929
9.398
67
19.64
EV/EBITx
14.47
13.04
14.04
12.30
12.18
12.02
10.34
10.41
9.281
9.221
13.33
10.34
12.10
26
18.61
FCF yield (avg)%
13.76
15.06
15.30
12.55
10.22
11.26
9.98
9.68
9.82
12.30
14.22
9.98
11.78
23
28.70
FCF margin%
7.32
9.76
10.29
9.89
8.78
10.69
10.81
11.35
9.85
10.52
5.89
10.69
10.09
57
1.510
FCF / Net incomex
0.473
0.439
0.389
0.364
0.338
0.330
0.369
0.374
0.362
0.397
1.372
0.369
0.371
49
24.00
ROIC%
10.38
10.06
9.20
8.89
10.13
12.04
10.16
7.39
4.80
4.64
15.63
7.39
9.63
18
3.56
Return on equity%
38.20
37.62
39.47
38.30
39.59
40.18
37.77
36.08
36.09
34.44
9.04
36.09
37.98
18
8.94
Return on assets%
11.29
12.97
13.72
11.38
12.87
12.32
12.36
10.34
12.74
10.75
25.03
12.32
12.34
69
75.09
EPSRp
53.12
58.69
67.26
66.32
77.85
84.17
100.07
113.90
126.16
131.43
76.71
11.04%
9.88%
—
20.97
EPS growth%
3.64
6.14
3.93
5.39
7.38
6.57
5.41
7.36
6.83
9.66
3.69
6.83
6.35
85
136.10
Bookvalue per shRp
89.05
96.95
85.34
83.68
81.34
81.39
89.67
96.81
88.51
80.35
54.12
(0.24%)
(0.09%)
—
112.02
FCF per shareRp
47.71
42.28
40.31
36.80
37.35
36.90
40.36
45.09
46.91
49.94
108.21
5.98%
0.57%
—
48.55
Dividend per shRp
142.92
145.75
162.92
155.84
168.01
171.73
163.95
166.70
159.82
156.40
45.13
(1.42%)
1.24%
—
12.06
Div yield (avg)%
30.07
30.99
30.81
30.99
28.99
28.13
26.39
27.61
29.68
27.25
21.99
27.61
29.34
81
16.42
Payout ratio%
13.01
13.04
14.84
15.44
12.51
12.56
10.75
11.16
12.52
10.99
14.72
11.16
12.54
72
9.158
Shares (diluted)B
11.90
11.28
10.43
11.95
12.58
11.87
11.22
10.32
10.46
10.88
8.770
(2.86%)
0.54%
88
21.49
Buyback yield%
33.48
34.26
35.28
32.97
31.69
29.53
27.34
30.27
32.65
30.29
24.42
30.27
32.17
89
1.134
D/E ratiox
0.671
0.671
0.712
0.615
0.568
0.564
0.533
0.504
0.542
0.540
0.731
0.540
0.566
60
1,541
Enterprise valueRp B
1,238
1,326
1,372
1,566
1,876
2,102
2,141
2,473
2,652
2,952
1,298
9.48%
9.37%
38
1,075
LT debtRp B
2,513
2,833
3,206
2,900
2,743
2,935
2,913
2,852
2,688
2,673
443.3
(0.51%)
0.71%
6
Cost of revenue
3.01%
1.00×
Operating expenses
2.38%
0.94×
Spread over hurdle
(0.49%)