476.9
RevenueR$M
307.7
333.1
359.1
383.4
413.2
431.6
460.1
499.4
539.6
577.3
508.6
6.92%
7.16%
33
16.24
Revenue growth%
4.61
6.61
7.24
9.79
12.27
12.67
11.18
10.16
7.34
4.77
24.31
10.16
8.57
81
3.90
Gross margin%
14.82
16.83
17.03
15.57
14.17
12.06
14.93
14.76
14.83
12.22
11.59
14.76
14.82
64
7.94
Operating margin%
13.88
11.51
9.03
8.16
7.24
8.99
8.80
11.23
11.06
11.81
27.74
11.06
10.04
74
22.39
Net margin%
8.62
10.43
8.89
9.94
9.06
11.88
12.68
13.72
11.68
10.67
19.07
11.88
10.55
48
23.76
P/E ratio (avg)x
28.95
32.39
37.43
35.58
41.64
48.76
51.23
60.72
71.46
68.95
14.66
60.72
45.20
31
23.33
EV/EBITx
27.87
30.86
34.38
39.70
40.33
39.07
40.15
41.20
45.52
51.10
10.58
41.20
39.92
32
28.11
FCF yield (avg)%
21.68
20.54
21.81
24.67
22.74
20.77
19.79
19.12
18.47
19.05
13.30
19.12
20.65
24
9.26
FCF margin%
25.40
27.50
26.17
28.16
26.16
27.05
26.44
29.18
31.45
29.66
6.40
29.18
27.27
87
1.578
FCF / Net incomex
1.645
1.519
1.352
1.233
1.277
1.143
1.198
1.074
1.027
0.943
0.544
1.074
1.215
58
10.53
ROIC%
29.71
29.34
26.83
28.49
30.23
29.00
27.02
28.48
26.22
26.53
9.07
27.02
28.49
39
27.05
Return on equity%
11.34
11.38
10.33
12.38
14.43
16.36
18.47
18.93
18.00
20.34
8.92
18.47
15.39
54
2.44
Return on assets%
7.47
10.17
10.21
9.46
6.93
9.88
12.79
11.45
12.52
11.89
29.88
11.89
10.19
39
0.86
EPSR$
0.50
0.51
0.55
0.47
0.44
0.46
0.47
0.49
0.49
0.50
0.88
2.44%
(0.60%)
—
4.68
EPS growth%
5.51
5.19
2.78
5.44
7.45
9.70
10.93
9.78
10.60
12.28
18.67
10.60
8.57
81
0.16
Bookvalue per shR$
0.38
0.42
0.48
0.45
0.51
0.50
0.56
0.55
0.54
0.50
1.07
(0.54%)
3.94%
—
1.09
FCF per shareR$
0.57
0.52
0.50
0.47
0.43
0.42
0.41
0.44
0.41
0.42
0.51
(0.41%)
(2.00%)
—
0.75
Dividend per shR$
1.48
1.66
1.82
1.97
1.94
1.88
2.07
2.20
2.23
2.27
1.03
3.12%
4.03%
—
14.36
Div yield (avg)%
26.79
29.06
30.05
30.04
28.42
27.16
27.98
28.99
30.74
31.32
15.21
28.99
29.03
15
8.48
Payout ratio%
6.23
7.17
5.31
4.62
4.41
5.44
4.65
2.52
1.73
0.40
9.32
2.52
4.63
34
273.2
Shares (diluted)M
393.9
421.7
465.3
519.8
600.7
630.5
616.9
603.9
657.8
647.9
267.8
1.52%
6.97%
73
3.89
Buyback yield%
15.02
16.20
13.52
13.74
15.39
15.32
17.49
16.01
18.02
18.68
19.46
17.49
15.70
89
1.191
D/E ratiox
2.033
1.946
1.948
2.068
2.244
2.249
2.423
2.519
2.854
3.211
0.394
2.519
2.246
31
104.9
Enterprise valueR$M
179.2
172.7
168.0
161.2
156.5
169.9
151.1
145.7
136.8
119.3
50.67
(5.28%)
(4.62%)
33
0.387
LT debtR$B
0.706
0.769
0.772
0.764
0.870
1.012
1.127
1.126
1.154
1.181
0.170
6.32%
7.11%
89
Revenue
R$577.3M
7.16%
1.00×
Cost of revenue
R$404.1M
7.16%
1.00×
Operating expenses
R$100.1M
7.16%
1.00×
Goodwill & intangibles
16.67%
Spread over hurdle
(5.66%)