325.0
RevenueR$M
164.0
178.2
191.6
204.7
224.2
240.4
256.3
280.7
304.5
323.3
349.9
7.59%
7.64%
20
16.76
Revenue growth%
20.57
20.84
22.49
24.12
21.77
20.96
18.77
19.93
21.15
22.06
16.29
20.96
21.06
13
25.79
Gross margin%
23.53
22.40
20.07
22.52
20.34
19.32
19.82
20.62
20.88
22.11
26.01
20.62
20.75
21
9.45
Operating margin%
9.64
11.60
12.68
12.50
12.66
11.11
13.33
16.30
14.05
15.59
28.75
14.05
12.67
20
9.04
Net margin%
5.14
6.52
3.59
5.75
4.16
2.47
4.09
6.78
6.70
4.83
17.23
4.83
4.99
21
20.86
P/E ratio (avg)x
30.28
30.85
35.48
37.14
35.89
36.52
41.19
40.84
40.87
40.08
22.76
40.84
36.83
53
35.32
EV/EBITx
11.99
13.40
13.44
15.50
16.65
17.60
18.24
21.32
22.10
24.79
32.62
21.32
17.13
25
11.75
FCF yield (avg)%
0.52
0.40
2.30
3.55
2.81
5.47
3.66
3.03
0.77
1.29
23.64
3.03
2.56
85
14.23
FCF margin%
7.96
9.02
11.32
10.88
12.47
12.86
10.18
8.88
9.09
9.19
24.66
9.19
9.69
47
0.888
FCF / Net incomex
1.383
1.504
1.582
1.832
1.992
2.235
2.678
2.758
2.753
2.826
0.316
2.753
2.113
23
19.92
ROIC%
35.04
34.75
36.03
35.50
32.64
30.92
31.84
30.73
33.71
35.87
12.79
31.84
34.23
26
19.45
Return on equity%
8.18
8.53
11.52
11.67
12.94
15.07
17.29
16.03
14.99
14.22
28.06
15.07
13.58
93
2.59
Return on assets%
0.40
2.78
1.90
0.40
0.94
3.53
2.00
0.40
2.44
4.16
2.68
2.44
1.95
18
0.36
EPSR$
0.13
0.12
0.12
0.13
0.14
0.15
0.14
0.14
0.15
0.15
0.38
2.42%
1.50%
—
14.26
EPS growth%
17.08
16.77
16.03
17.76
16.54
15.41
17.63
15.94
14.48
14.95
29.72
15.41
16.28
10
0.37
Bookvalue per shR$
0.42
0.42
0.46
0.52
0.52
0.56
0.64
0.70
0.82
0.83
0.19
9.70%
6.78%
—
0.23
FCF per shareR$
0.70
0.78
0.71
0.75
0.69
0.73
0.83
0.85
0.81
0.91
0.18
5.65%
2.12%
—
0.26
Dividend per shR$
0.82
0.85
0.94
0.91
0.98
1.01
1.09
1.11
1.18
1.25
0.48
5.16%
4.55%
—
29.55
Div yield (avg)%
7.83
6.06
8.62
7.35
7.14
9.53
11.22
8.77
9.36
6.62
14.43
9.36
8.22
72
13.48
Payout ratio%
33.16
31.45
29.15
26.23
26.39
24.27
25.46
22.62
21.72
20.35
17.02
22.62
25.85
12
131.3
Shares (diluted)M
193.2
229.9
255.3
259.4
304.1
353.4
417.0
457.3
537.1
648.0
133.0
16.34%
13.07%
23
26.80
Buyback yield%
8.06
10.15
11.23
11.35
9.38
7.48
8.66
9.86
11.41
9.89
3.47
9.86
9.88
87
1.323
D/E ratiox
1.818
2.030
2.263
2.592
2.543
2.566
2.701
2.595
2.536
2.745
0.421
2.595
2.555
62
0.089
Enterprise valueR$B
0.563
0.646
0.694
0.679
0.671
0.709
0.763
0.905
0.937
1.020
0.099
8.72%
6.78%
16
321.0
LT debtR$M
248.8
259.4
247.4
278.4
305.6
319.3
327.0
339.4
343.3
379.8
36.07
4.44%
4.70%
76
Revenue
R$323.3M
7.64%
1.00×
Cost of revenue
R$226.3M
7.64%
1.00×
Operating expenses
R$56.85M
6.65%
0.91×
Goodwill & intangibles
18.73%
Property and equipment
14.56%
Spread over hurdle
(5.70%)