809.3
RevenueRp B
673.5
697.0
717.5
756.0
785.3
836.5
889.9
954.8
1,009
1,044
878.1
5.87%
4.98%
69
3.43
Revenue growth%
25.50
22.66
23.26
25.25
24.36
25.38
27.30
29.07
30.69
29.45
2.88
29.07
25.44
76
25.80
Gross margin%
14.45
14.56
16.91
17.15
19.23
19.46
18.31
17.84
15.17
12.47
13.14
17.84
17.03
57
29.11
Operating margin%
19.79
21.75
19.57
17.61
17.85
17.51
14.82
12.49
13.72
15.74
22.94
14.82
17.56
91
12.76
Net margin%
14.15
16.19
16.19
14.46
11.84
10.81
12.00
10.31
7.51
5.73
17.65
10.31
11.92
29
37.36
P/E ratio (avg)x
9.541
8.753
9.365
10.67
10.34
11.18
11.14
11.21
11.41
13.06
30.86
11.21
10.90
43
10.29
EV/EBITx
52.71
57.46
60.33
65.18
72.01
73.03
80.10
87.63
83.71
94.79
13.65
83.71
72.52
62
23.08
FCF yield (avg)%
19.27
17.31
15.04
14.09
14.57
13.15
14.87
16.63
14.33
11.71
16.37
14.33
14.72
9
8.93
FCF margin%
21.51
20.47
18.23
15.42
16.82
14.24
14.77
13.72
14.35
13.34
26.21
14.24
15.09
40
1.515
FCF / Net incomex
0.868
0.932
0.925
0.892
0.931
1.014
1.129
1.271
1.383
1.496
1.693
1.271
0.973
41
7.72
ROIC%
23.88
21.08
18.32
19.31
19.89
22.70
23.77
24.78
23.82
24.32
2.75
23.82
23.23
78
12.96
Return on equity%
13.14
13.88
15.89
17.85
16.67
18.04
17.15
17.98
18.27
20.33
12.85
18.04
17.50
43
2.74
Return on assets%
22.26
22.41
24.27
22.47
19.55
19.22
19.89
22.50
23.69
20.98
10.23
20.98
22.33
78
19.82
EPSRp
8.40
9.27
10.53
11.72
12.14
12.95
13.65
13.00
14.54
14.20
20.89
3.18%
5.70%
—
27.47
EPS growth%
8.71
9.54
10.83
8.73
7.88
9.62
12.40
14.74
12.17
10.28
3.69
12.17
9.95
78
10.67
Bookvalue per shRp
14.57
13.00
12.43
13.69
14.11
13.26
12.97
13.64
15.11
15.26
22.34
1.58%
1.01%
—
11.81
FCF per shareRp
7.14
6.71
7.27
6.87
5.86
4.99
5.40
5.38
5.58
5.68
28.90
(0.60%)
(1.81%)
—
17.05
Dividend per shRp
27.86
27.56
25.95
23.35
20.51
21.35
19.49
18.35
18.92
20.82
17.90
0.30%
(4.14%)
—
19.26
Div yield (avg)%
25.67
25.71
27.31
29.76
27.72
29.99
31.34
28.90
29.70
31.62
22.26
29.99
29.30
25
25.48
Payout ratio%
25.83
28.52
29.17
29.64
29.43
27.72
28.53
27.82
29.07
29.44
12.93
28.53
28.80
57
16.13
Shares (diluted)B
22.88
26.17
28.47
27.86
26.94
28.21
27.71
32.29
35.18
36.40
16.02
6.21%
6.18%
50
16.26
Buyback yield%
33.29
30.71
32.52
35.20
34.66
34.23
36.44
38.89
39.39
41.17
22.40
38.89
34.93
94
1.025
D/E ratiox
0.428
0.503
0.514
0.553
0.581
0.614
0.609
0.612
0.631
0.688
0.835
0.614
0.595
71
682.0
Enterprise valueRp B
386.5
447.0
529.4
565.9
662.3
642.9
679.6
680.3
756.9
832.8
694.2
4.69%
9.77%
80
834.0
LT debtRp B
465.8
540.8
618.3
712.2
756.9
804.8
808.9
808.8
933.0
999.6
556.3
5.72%
9.27%
46
Cost of revenue
4.82%
0.98×
Operating expenses
5.16%
1.02×
Cash and investments
16.83%
Goodwill & intangibles
16.41%
Spread over hurdle
12.03%