0.458
RevenueR$B
1.060
1.148
1.241
1.288
1.368
1.451
1.575
1.636
1.768
1.858
0.488
6.31%
6.40%
50
6.78
Revenue growth%
15.60
13.75
16.23
14.68
13.78
13.97
14.44
15.09
12.66
12.16
22.88
13.97
14.20
30
13.29
Gross margin%
23.22
21.37
18.58
20.51
18.31
18.31
18.63
17.74
18.17
19.75
25.21
18.31
18.60
20
14.82
Operating margin%
10.98
9.14
8.09
5.41
7.18
9.27
12.24
10.07
11.09
13.03
23.11
11.09
9.67
65
26.63
Net margin%
17.10
19.87
20.48
21.05
22.32
24.73
26.71
26.11
24.12
25.85
6.84
25.85
23.22
72
37.20
P/E ratio (avg)x
36.91
38.54
43.87
41.66
38.32
36.58
40.93
45.46
50.82
55.40
12.34
45.46
41.30
31
22.80
EV/EBITx
19.60
20.26
20.84
22.23
22.93
20.66
19.32
18.65
19.21
17.67
12.36
19.21
19.93
11
22.64
FCF yield (avg)%
19.22
18.02
20.81
21.36
23.78
26.13
24.84
24.52
22.30
19.58
29.12
24.52
21.83
56
22.06
FCF margin%
7.67
10.44
8.41
10.10
12.84
12.02
12.18
12.23
13.32
12.70
11.55
12.23
12.10
81
0.109
FCF / Net incomex
0.106
0.105
0.103
0.093
0.091
0.078
0.067
0.067
0.060
0.053
0.154
0.067
0.085
70
20.09
ROIC%
29.37
32.37
33.51
33.31
35.27
37.40
34.53
35.38
36.60
37.16
23.17
36.60
34.90
92
17.23
Return on equity%
6.05
6.13
4.18
5.29
2.31
2.19
5.03
3.30
3.45
3.38
17.01
3.38
3.82
43
9.01
Return on assets%
8.45
6.06
8.34
8.48
5.87
5.20
8.07
5.79
3.73
6.61
6.92
5.79
6.33
41
2.14
EPSR$
1.98
1.89
1.79
2.06
2.34
2.34
2.72
2.97
2.94
2.94
2.28
4.69%
5.30%
—
7.93
EPS growth%
23.84
26.84
25.26
28.23
28.11
26.23
25.77
27.74
27.55
26.62
14.77
26.62
26.73
39
2.08
Bookvalue per shR$
0.70
0.64
0.69
0.69
0.65
0.71
0.70
0.63
0.64
0.57
2.38
(2.55%)
(3.09%)
—
1.60
FCF per shareR$
1.60
1.66
1.58
1.58
1.68
1.60
1.48
1.34
1.47
1.48
1.21
(2.51%)
(0.88%)
—
2.46
Dividend per shR$
1.71
1.84
1.68
1.89
2.13
2.20
2.16
2.15
2.10
2.36
1.45
2.10%
3.35%
—
23.37
Div yield (avg)%
11.08
13.39
10.79
11.88
10.87
12.65
10.80
8.73
9.85
12.48
25.35
10.80
10.98
40
28.19
Payout ratio%
12.99
11.82
9.08
10.40
8.96
11.80
11.78
11.09
11.86
14.16
29.76
11.80
11.79
17
0.522
Shares (diluted)B
0.893
1.059
1.250
1.245
1.436
1.551
1.736
2.048
2.258
2.631
0.495
12.87%
13.28%
30
28.86
Buyback yield%
4.31
5.73
4.50
7.14
5.46
6.87
6.53
6.97
9.42
11.16
3.52
6.97
6.70
82
0.399
D/E ratiox
0.586
0.536
0.466
0.409
0.357
0.362
0.350
0.358
0.369
0.358
1.564
0.358
0.365
60
1.398
Enterprise valueR$B
0.804
0.773
0.724
0.787
0.789
0.738
0.829
0.887
0.921
1.041
0.697
5.70%
2.21%
84
1.265
LT debtR$B
3.110
3.154
3.515
3.518
3.575
3.586
4.365
4.425
4.988
5.645
0.969
9.57%
7.97%
84
Revenue
R$1.858B
6.40%
1.00×
Cost of revenue
R$1.101B
6.33%
0.99×
Operating expenses
R$226.8M
7.16%
1.07×
Goodwill & intangibles
14.74%
Spread over hurdle
(4.99%)