174.1
RevenueRp B
241.0
254.4
276.7
294.5
316.6
346.4
371.1
396.4
415.9
455.9
189.7
7.56%
7.40%
59
10.53
Revenue growth%
24.12
25.51
23.58
22.08
20.88
19.72
17.57
17.81
15.89
13.50
5.83
17.57
20.30
27
5.32
Gross margin%
3.89
6.49
7.65
8.77
6.62
8.21
9.70
8.58
10.89
11.14
19.73
9.70
8.40
21
24.58
Operating margin%
4.32
3.68
6.04
5.15
6.48
4.07
6.06
5.75
8.41
7.52
11.65
6.06
5.89
47
7.74
Net margin%
30.41
30.76
30.12
28.38
25.40
23.01
24.70
25.87
28.33
30.47
15.64
25.87
28.36
62
33.07
P/E ratio (avg)x
27.56
30.12
30.85
32.35
34.79
38.99
37.59
35.76
35.29
32.77
35.57
35.76
33.78
71
9.382
EV/EBITx
23.40
25.59
25.89
29.28
31.01
33.00
36.69
35.72
35.90
38.77
37.86
35.90
32.00
81
24.13
FCF yield (avg)%
25.49
25.92
27.46
27.57
27.06
24.31
25.03
25.36
22.88
23.11
7.20
24.31
25.42
67
29.57
FCF margin%
8.73
10.62
11.16
12.24
14.61
12.15
14.48
16.08
13.55
13.96
4.11
13.96
12.89
53
1.724
FCF / Net incomex
0.269
0.277
0.313
0.352
0.359
0.362
0.358
0.412
0.429
0.433
1.314
0.412
0.359
58
5.09
ROIC%
3.01
3.95
3.37
1.18
2.98
3.24
3.68
2.58
2.14
3.27
16.18
3.24
3.13
72
2.93
Return on equity%
26.40
29.15
30.68
33.57
33.10
31.56
31.00
31.92
31.06
32.14
5.66
31.56
31.31
57
8.22
Return on assets%
13.03
11.11
11.00
8.92
7.32
5.17
4.86
6.44
7.82
5.83
27.36
5.83
7.57
29
43.30
EPSRp
45.10
44.28
48.01
48.40
57.36
65.22
77.18
80.97
89.87
93.09
46.28
10.17%
7.03%
—
4.24
EPS growth%
27.60
29.27
29.38
30.60
30.64
31.85
33.65
32.92
32.99
35.84
5.64
32.99
31.25
17
60.25
Bookvalue per shRp
150.74
141.37
164.64
163.60
165.45
156.35
180.24
203.93
217.67
251.51
100.39
8.74%
5.73%
—
51.20
FCF per shareRp
86.95
87.41
91.26
98.27
111.96
105.87
114.89
120.42
132.91
146.72
35.59
5.56%
6.97%
—
85.95
Dividend per shRp
61.13
60.27
68.83
71.86
73.92
73.98
69.59
64.35
64.70
65.66
74.63
(2.34%)
1.87%
—
13.36
Div yield (avg)%
11.28
10.18
11.10
13.32
10.63
11.86
10.29
10.74
10.97
8.31
8.65
10.74
10.85
93
6.64
Payout ratio%
15.86
18.53
16.93
15.56
17.98
20.03
18.40
20.25
23.00
24.42
20.57
20.25
18.46
6
3.156
Shares (diluted)B
4.163
4.659
4.927
5.269
6.257
6.005
6.105
5.987
6.791
6.847
3.079
1.82%
6.80%
23
2.33
Buyback yield%
0.40
0.40
0.40
0.40
2.11
5.11
7.34
9.51
8.79
7.92
24.65
7.92
3.61
26
1.276
D/E ratiox
0.197
0.181
0.188
0.162
0.154
0.156
0.156
0.165
0.162
0.146
0.501
0.156
0.162
53
292.2
Enterprise valueRp B
298.8
311.4
315.9
322.8
321.9
337.6
354.5
401.5
367.5
362.7
58.93
2.42%
3.14%
46
307.8
LT debtRp B
230.9
255.1
303.9
308.7
301.5
360.0
409.7
475.3
464.8
480.1
159.8
9.75%
7.69%
49
Cost of revenue
7.40%
1.00×
Operating expenses
7.68%
1.03×
Cash and investments
16.46%
Spread over hurdle
(6.73%)