1,350
RevenueRp B
7,592
7,655
7,514
7,538
7,465
7,535
7,502
7,476
7,539
7,552
1,445
0.23%
(0.02%)
7
15.71
Revenue growth%
17.62
20.37
17.49
14.85
12.75
10.88
12.32
10.16
9.01
8.51
15.74
10.16
12.54
48
26.56
Gross margin%
6.52
6.28
6.69
5.90
2.93
0.58
2.17
1.92
4.16
3.36
14.58
2.17
3.76
48
4.55
Operating margin%
12.61
10.16
8.33
6.96
4.14
3.17
5.43
4.90
4.93
5.03
12.48
4.93
5.23
84
11.16
Net margin%
25.59
27.67
28.86
29.74
30.11
30.76
29.85
27.64
30.30
30.77
20.05
30.30
29.80
77
22.90
P/E ratio (avg)x
45.95
44.19
45.19
46.55
48.06
50.95
48.81
54.34
53.16
52.73
33.28
52.73
48.43
45
7.196
EV/EBITx
19.02
22.37
22.18
21.95
25.00
29.32
30.22
28.96
33.82
33.66
29.57
30.22
26.98
32
2.39
FCF yield (avg)%
1.04
0.40
0.40
0.40
0.40
2.52
1.71
3.72
1.15
0.40
22.94
1.71
0.72
17
27.37
FCF margin%
13.97
14.29
11.76
10.39
8.82
9.38
8.96
10.01
9.83
10.84
14.00
9.83
10.20
22
0.155
FCF / Net incomex
1.921
2.100
2.073
2.136
2.487
2.427
2.386
2.263
2.298
2.216
1.580
2.298
2.240
11
21.85
ROIC%
31.54
31.59
33.94
34.06
32.27
30.15
27.79
27.01
28.03
29.89
16.42
28.03
30.84
54
16.90
Return on equity%
18.24
16.89
17.95
16.00
18.09
15.44
15.26
18.26
20.21
17.31
5.19
17.31
17.63
59
3.59
Return on assets%
9.27
6.87
6.57
5.21
3.44
5.23
2.91
4.23
3.28
4.44
5.46
4.23
4.82
15
11.57
EPSRp
53.66
51.90
48.10
52.73
59.54
58.18
62.11
65.65
64.67
67.27
11.93
2.47%
2.63%
—
24.29
EPS growth%
10.86
13.65
11.63
9.27
10.67
11.41
13.88
16.08
18.43
20.96
25.01
16.08
12.64
77
38.83
Bookvalue per shRp
66.14
79.08
83.22
82.47
91.32
93.39
91.49
90.36
104.10
109.32
7.24
3.67%
6.66%
—
35.72
FCF per shareRp
27.04
27.82
25.88
25.52
27.59
27.58
28.45
30.30
28.14
27.80
17.16
0.15%
(0.47%)
—
10.25
Dividend per shRp
11.54
13.08
14.65
16.71
19.70
19.64
20.66
24.20
27.34
30.88
45.49
9.41%
10.68%
—
18.58
Div yield (avg)%
25.83
27.68
25.30
25.84
26.05
23.18
24.07
21.51
18.84
20.94
20.77
21.51
24.69
34
20.21
Payout ratio%
27.85
27.98
25.88
25.57
26.84
27.61
25.46
27.49
24.65
23.61
18.77
25.46
26.36
37
57.96
Shares (diluted)B
61.58
66.80
68.86
75.06
78.32
79.41
78.28
87.79
88.29
101.7
56.68
5.36%
5.29%
17
22.95
Buyback yield%
10.32
8.05
8.05
10.58
12.61
14.13
15.51
16.39
17.44
18.17
22.32
16.39
13.37
51
0.846
D/E ratiox
1.586
1.884
1.891
1.980
1.885
1.912
1.897
1.963
2.231
2.277
0.265
1.963
1.905
55
5,264
Enterprise valueRp B
7,155
8,629
9,576
10,309
10,810
12,209
14,481
17,015
17,621
21,197
3,161
14.42%
11.79%
48
3,728
LT debtRp B
389.5
383.1
388.6
432.7
452.4
507.6
560.6
638.6
584.1
542.3
4,991
3.69%
2.74%
46
Cost of revenue
(0.18%)
0.98×
Operating expenses
(0.07%)
1.00×
Goodwill & intangibles
21.13%
Cash and investments
16.26%
Spread over hurdle
11.98%