2.495
RevenueSR B
1.563
1.667
1.801
1.924
2.078
2.226
2.433
2.615
2.828
2.984
2.719
7.51%
7.31%
11
9.83
Revenue growth%
29.82
26.90
23.95
25.86
28.28
25.37
22.98
22.25
22.60
22.08
15.10
22.60
24.66
35
16.94
Gross margin%
24.21
26.79
26.11
27.10
24.35
24.11
23.87
23.22
23.27
20.79
14.12
23.27
24.16
88
21.18
Operating margin%
24.37
26.20
23.68
22.17
22.22
24.55
21.68
24.46
25.71
28.09
5.05
24.55
24.42
55
15.41
Net margin%
22.51
20.77
21.50
19.31
19.55
19.43
20.30
17.75
16.55
16.07
16.42
17.75
19.49
57
31.08
P/E ratio (avg)x
42.83
46.84
54.72
59.88
65.37
65.12
64.90
66.43
79.55
83.04
15.80
66.43
65.01
66
12.32
EV/EBITx
34.91
33.00
32.00
30.29
29.07
27.86
25.56
23.87
22.94
21.40
10.29
23.87
28.46
94
9.39
FCF yield (avg)%
10.10
9.21
9.85
7.95
6.67
6.73
8.29
7.88
9.23
11.62
7.46
8.29
8.75
85
3.96
FCF margin%
13.49
11.68
13.59
14.78
16.92
15.00
12.85
14.31
14.28
11.60
4.50
14.28
13.93
42
1.294
FCF / Net incomex
0.412
0.447
0.410
0.422
0.455
0.475
0.500
0.574
0.585
0.539
0.546
0.539
0.465
21
3.95
ROIC%
17.46
18.62
21.01
21.86
23.64
22.25
22.23
21.91
19.21
19.80
11.11
21.91
21.43
76
21.85
Return on equity%
9.30
9.33
11.68
9.15
9.99
10.13
8.60
11.03
12.88
11.01
16.01
11.01
10.06
74
5.24
Return on assets%
10.68
8.90
9.10
9.79
10.13
12.70
15.06
13.62
13.75
16.66
21.71
13.75
11.69
9
0.80
EPSSR
1.06
1.08
1.14
1.13
1.12
1.07
1.19
1.27
1.32
1.34
0.85
3.71%
3.48%
—
11.15
EPS growth%
20.13
19.86
17.61
16.27
17.36
16.12
16.61
18.53
18.57
18.51
25.30
18.51
18.06
58
0.51
Bookvalue per shSR
0.85
0.93
0.88
1.01
1.17
1.25
1.25
1.17
1.32
1.33
0.81
2.64%
5.59%
—
0.97
FCF per shareSR
0.55
0.59
0.58
0.53
0.49
0.53
0.55
0.55
0.57
0.60
0.18
4.17%
0.15%
—
0.71
Dividend per shSR
0.94
0.99
1.03
1.09
1.00
1.08
1.15
1.18
1.15
1.11
1.06
2.11%
0.35%
—
16.71
Div yield (avg)%
26.49
29.16
31.31
30.33
28.63
30.14
28.66
27.91
27.08
26.84
29.37
27.91
28.64
41
11.12
Payout ratio%
0.68
2.64
5.12
7.99
10.14
11.24
10.17
11.63
11.06
9.08
24.80
11.06
9.61
29
2.267
Shares (diluted)B
1.732
1.540
1.427
1.213
1.128
1.059
1.114
1.154
1.152
1.059
2.150
(1.25%)
(6.10%)
47
6.64
Buyback yield%
6.21
4.37
2.09
1.93
1.43
0.40
0.41
0.47
0.40
0.40
16.47
0.40
0.95
46
1.609
D/E ratiox
0.703
0.698
0.811
0.911
0.966
0.974
1.094
1.251
1.333
1.456
1.449
1.251
0.970
78
2.875
Enterprise valueSR B
4.540
4.445
4.360
4.426
5.078
5.977
6.066
6.207
6.250
6.143
1.536
3.88%
3.63%
17
0.709
LT debtSR B
3.773
4.325
4.083
4.095
4.119
4.227
4.669
4.881
5.695
5.536
1.676
6.09%
3.74%
78
Cost of revenue
7.72%
1.04×
Operating expenses
6.72%
0.95×
Property and equipment
18.60%
Spread over hurdle
(5.23%)