1.660
RevenueR B
1.476
1.602
1.698
1.852
1.955
2.121
2.249
2.420
2.634
1.770
2.039
7.29%
7.79%
26
25.30
Revenue growth%
4.80
5.55
6.41
7.90
8.52
6.00
6.27
9.19
11.17
20.40
21.88
8.52
6.34
34
17.48
Gross margin%
21.60
21.10
18.67
17.15
17.02
18.03
15.82
14.51
14.76
19.81
29.31
15.82
17.59
25
20.25
Operating margin%
6.24
4.49
4.45
5.90
4.12
1.30
2.52
4.01
5.23
9.46
8.51
4.01
4.29
92
29.28
Net margin%
24.00
25.79
23.73
21.14
22.95
22.38
21.74
24.12
25.41
2.25
26.52
22.95
23.86
43
11.72
P/E ratio (avg)x
19.56
16.71
15.54
14.37
13.47
12.34
12.21
10.52
9.602
27.00
36.44
12.21
13.92
48
24.05
EV/EBITx
17.21
17.94
18.64
18.24
19.62
20.16
20.71
18.36
18.57
7.533
17.22
19.62
18.61
25
11.47
FCF yield (avg)%
5.14
6.85
5.47
3.84
1.86
4.56
2.66
0.40
1.24
23.17
28.60
1.86
3.25
52
23.58
FCF margin%
5.47
3.84
6.19
6.18
3.37
1.53
1.14
3.64
2.65
23.04
25.35
2.65
3.74
24
0.408
FCF / Net incomex
1.381
1.353
1.526
1.591
1.583
1.780
1.723
1.663
1.823
0.567
1.586
1.723
1.587
25
12.57
ROIC%
0.40
2.91
5.06
4.37
4.50
3.80
1.92
1.39
1.04
17.38
16.31
1.92
2.42
75
27.02
Return on equity%
22.54
21.97
21.97
22.83
24.08
25.15
23.68
23.66
21.00
14.09
25.87
23.68
22.68
27
25.58
Return on assets%
24.25
24.58
26.89
26.76
28.73
31.12
29.09
29.98
30.28
21.28
27.22
29.98
27.81
87
4.70
EPSR
2.24
2.30
2.19
2.31
2.00
2.06
1.91
2.07
1.83
5.09
5.50
(4.56%)
(3.25%)
—
24.39
EPS growth%
7.09
7.07
4.32
2.75
5.03
7.18
6.82
4.56
3.57
14.47
18.29
5.03
5.30
64
3.87
Bookvalue per shR
2.29
2.42
2.48
2.33
2.30
2.17
2.28
2.38
2.65
3.51
4.56
2.59%
2.44%
—
1.86
FCF per shareR
1.13
1.08
1.09
1.17
1.21
1.26
1.13
1.11
1.14
5.53
2.86
(0.54%)
(2.30%)
—
4.93
Dividend per shR
1.29
1.29
1.13
1.02
1.09
1.18
1.16
1.15
1.08
4.86
2.38
1.14%
(3.00%)
—
6.41
Div yield (avg)%
27.00
27.61
27.39
28.39
28.30
25.41
23.46
21.32
21.07
27.92
10.03
23.46
26.99
30
4.60
Payout ratio%
30.96
33.73
33.91
32.20
33.84
35.41
37.51
36.75
37.02
10.27
13.02
36.75
33.88
62
159.1
Shares (diluted)M
250.2
263.7
258.3
251.1
248.4
267.6
307.1
299.8
357.6
161.3
153.0
7.33%
5.35%
81
14.06
Buyback yield%
21.97
20.50
19.19
19.11
16.83
15.83
14.87
14.58
17.51
10.96
11.71
15.83
18.31
37
1.778
D/E ratiox
2.223
2.506
2.646
2.910
2.852
3.406
3.571
4.259
4.385
0.817
0.110
3.571
2.881
40
1.092
Enterprise valueR B
3.146
2.993
3.371
3.449
3.907
4.000
3.936
4.263
4.844
2.097
1.403
7.03%
5.91%
70
1.018
LT debtR B
2.911
2.793
3.084
3.634
3.894
4.277
4.660
4.885
5.155
0.875
1.570
7.25%
6.97%
70
Revenue
R 2.634B
7.79%
1.00×
Cost of revenue
R 1.668B
8.15%
1.03×
Operating expenses
R 536.4M
7.24%
0.95×
Property and equipment
16.92%
Cash and investments
16.32%
Spread over hurdle
(6.88%)