1.154
RevenueR B
1.075
1.162
1.270
1.391
1.511
1.626
1.720
1.820
1.927
2.099
1.180
6.79%
7.68%
56
19.88
Revenue growth%
26.63
25.08
27.75
25.46
25.88
28.21
25.33
23.53
21.36
19.47
12.71
23.53
25.40
57
2.11
Gross margin%
22.80
20.06
17.65
17.27
15.66
15.39
17.93
16.44
16.04
13.23
26.16
16.04
16.85
20
11.35
Operating margin%
24.16
24.84
26.63
24.39
24.91
22.30
20.91
20.83
19.27
16.36
7.12
20.83
23.23
40
25.28
Net margin%
19.58
20.09
18.47
18.35
19.54
20.13
21.30
20.41
19.67
20.37
11.37
20.37
19.88
89
16.48
P/E ratio (avg)x
27.20
25.05
27.21
26.30
23.19
20.66
22.78
24.88
24.52
22.96
22.27
22.96
24.70
41
13.87
EV/EBITx
27.04
25.44
27.31
28.12
29.38
32.40
30.26
27.01
25.74
27.08
30.50
27.08
27.20
50
18.94
FCF yield (avg)%
11.03
11.22
10.14
12.04
9.40
7.48
8.37
7.70
9.03
10.49
19.84
8.37
9.77
18
22.02
FCF margin%
20.40
20.90
20.80
20.16
22.54
21.55
22.49
20.14
21.13
23.19
29.81
21.55
21.02
30
1.632
FCF / Net incomex
0.820
0.868
0.885
0.925
0.970
1.006
1.014
0.979
1.026
1.106
1.304
1.014
0.974
12
2.97
ROIC%
24.19
26.13
25.48
24.02
26.33
24.29
24.71
23.92
23.13
23.20
27.26
23.92
24.24
74
14.32
Return on equity%
17.17
18.42
17.18
15.61
15.05
15.34
14.59
16.37
18.35
20.61
13.00
16.37
16.77
76
16.20
Return on assets%
4.28
3.86
5.36
4.42
5.94
5.20
3.10
1.86
3.16
2.32
24.38
3.10
4.07
87
0.40
EPSR
1.48
1.38
1.53
1.41
1.31
1.17
1.15
1.16
1.19
1.32
0.43
0.13%
(1.94%)
—
22.38
EPS growth%
22.67
20.02
18.07
15.16
12.76
10.86
12.22
11.02
9.93
12.59
21.58
11.02
12.68
76
1.29
Bookvalue per shR
0.77
0.80
0.75
0.70
0.68
0.65
0.65
0.67
0.70
0.76
0.85
2.01%
0.61%
—
1.05
FCF per shareR
1.41
1.36
1.29
1.13
1.13
1.02
0.96
0.98
0.86
0.87
1.00
(5.15%)
(5.68%)
—
0.45
Dividend per shR
1.77
2.09
2.32
2.78
3.31
3.54
4.16
4.40
4.57
4.73
1.57
7.42%
11.86%
—
7.08
Div yield (avg)%
14.38
14.18
13.30
15.12
12.82
11.91
12.66
10.08
10.54
9.99
8.46
10.54
12.74
35
4.11
Payout ratio%
28.09
30.36
27.83
29.80
28.38
29.19
27.64
28.57
26.06
27.98
7.35
27.98
28.24
76
0.767
Shares (diluted)B
1.164
1.161
1.129
1.343
1.486
1.594
1.817
1.895
1.975
1.996
0.792
6.07%
6.40%
27
10.74
Buyback yield%
14.58
13.57
10.76
11.45
14.41
12.96
14.88
14.20
16.22
13.60
12.76
14.20
13.90
48
1.240
D/E ratiox
2.494
2.480
2.936
3.156
3.199
3.108
3.598
3.851
3.867
3.933
1.735
3.851
3.177
81
1.350
Enterprise valueR B
0.299
0.283
0.278
0.291
0.260
0.258
0.225
0.238
0.230
0.197
2.156
(5.39%)
(4.61%)
11
1.464
LT debtR B
1.898
1.809
1.986
1.849
1.786
1.744
1.912
2.130
2.092
2.292
0.207
5.11%
1.46%
42
Revenue
R 2.099B
7.68%
1.00×
Cost of revenue
R 1.123B
7.81%
1.01×
Operating expenses
R 398.0M
7.18%
0.95×
Goodwill & intangibles
16.70%
Spread over hurdle
(4.75%)