273.9
RevenueRp B
191.8
207.7
221.7
243.0
260.9
286.3
301.9
321.2
337.5
362.2
303.3
6.78%
7.16%
74
18.87
Revenue growth%
18.82
20.10
18.68
16.05
17.98
15.50
12.56
10.58
7.66
8.45
9.39
10.58
15.78
62
22.17
Gross margin%
20.11
18.33
19.00
17.46
14.98
17.12
15.00
13.32
13.93
15.18
12.01
15.00
16.15
16
7.04
Operating margin%
5.89
8.04
9.41
9.49
10.22
7.34
4.57
6.73
5.34
6.82
12.05
6.73
7.08
29
5.46
Net margin%
12.28
14.45
13.09
11.09
12.37
14.98
16.24
15.55
12.76
14.78
7.83
14.98
13.77
12
19.52
P/E ratio (avg)x
17.37
16.65
18.19
18.33
19.87
22.42
25.04
22.71
22.66
23.81
7.272
22.71
21.14
44
29.16
EV/EBITx
45.99
46.35
43.88
48.52
54.81
52.64
49.77
56.53
55.40
56.05
27.36
55.40
51.21
19
26.00
FCF yield (avg)%
25.68
28.61
27.26
24.87
27.65
30.10
28.67
28.63
27.78
25.33
24.05
28.63
27.72
76
17.33
FCF margin%
12.81
11.90
10.65
10.95
10.73
8.12
5.22
6.23
9.04
11.77
10.54
8.12
10.69
47
0.342
FCF / Net incomex
1.773
1.883
2.198
2.494
2.604
2.579
2.865
3.285
3.768
4.344
0.520
3.285
2.591
87
3.79
ROIC%
7.35
9.29
10.95
13.48
14.62
14.36
14.86
15.67
17.78
20.69
28.96
15.67
14.49
68
24.59
Return on equity%
16.02
16.47
15.76
16.73
17.76
16.14
13.63
12.29
14.33
14.95
28.34
14.33
15.89
22
3.20
Return on assets%
26.19
29.10
29.70
27.57
29.11
30.28
28.98
27.57
25.62
27.90
12.98
27.90
28.44
10
40.29
EPSRp
26.71
25.68
28.18
31.53
32.62
34.58
36.15
40.32
41.75
37.17
44.60
2.65%
3.74%
—
13.38
EPS growth%
16.54
15.20
15.88
15.33
16.67
14.03
14.87
12.80
11.06
13.79
7.99
13.79
15.03
46
26.40
Bookvalue per shRp
45.64
44.14
38.27
33.56
33.51
32.78
33.27
35.64
38.09
36.11
10.54
1.50%
(1.85%)
—
41.30
FCF per shareRp
42.02
42.82
47.00
41.77
45.46
42.06
45.27
49.70
55.07
58.23
41.53
5.08%
2.35%
—
32.83
Dividend per shRp
48.31
49.39
47.33
47.72
53.80
56.95
63.00
67.75
74.46
71.38
36.31
5.82%
4.44%
—
25.54
Div yield (avg)%
14.97
12.46
10.70
10.75
12.00
14.24
12.18
10.89
13.12
12.57
19.06
12.57
12.32
74
17.84
Payout ratio%
13.67
11.92
12.40
14.55
12.99
13.93
16.41
17.78
15.50
17.67
13.29
16.41
14.24
93
2.773
Shares (diluted)B
2.941
3.286
3.472
3.476
3.184
2.952
3.201
3.642
3.977
4.447
2.836
6.91%
3.52%
67
29.37
Buyback yield%
25.38
28.11
30.60
29.51
30.81
29.93
29.72
29.42
28.72
29.70
13.16
29.70
29.61
24
0.950
D/E ratiox
0.688
0.651
0.629
0.550
0.504
0.555
0.606
0.543
0.539
0.471
1.164
0.543
0.553
90
261.6
Enterprise valueRp B
44.25
50.60
57.65
62.95
58.61
58.22
63.77
73.30
77.31
81.35
244.6
6.78%
7.80%
46
135.3
LT debtRp B
312.8
365.4
403.6
418.2
417.3
412.7
493.8
583.4
640.7
716.2
73.51
11.41%
9.00%
77
Cost of revenue
7.35%
1.02×
Operating expenses
6.59%
0.95×
Cash and investments
15.05%
Goodwill & intangibles
13.93%
Spread over hurdle
(0.37%)