3.735
Revenuezł M
4.379
4.809
5.295
5.825
6.237
6.714
7.216
8.038
8.836
9.761
3.872
9.37%
9.24%
8
19.12
Revenue growth%
22.09
19.79
22.10
22.07
20.49
22.87
22.42
22.84
20.76
17.89
19.09
22.42
22.08
49
26.29
Gross margin%
26.22
27.49
29.47
29.37
28.22
29.79
28.05
28.09
27.68
24.74
23.89
28.05
28.07
65
8.09
Operating margin%
10.50
10.55
11.17
11.81
13.43
11.67
12.05
14.92
13.06
10.68
20.65
12.05
11.74
16
16.95
Net margin%
21.12
23.50
22.00
19.22
20.11
18.58
17.47
14.58
16.80
14.58
7.74
16.80
18.90
26
18.69
P/E ratio (avg)x
13.97
14.81
14.49
15.21
13.17
14.00
13.33
12.60
12.55
12.01
15.09
12.60
13.65
43
19.81
EV/EBITx
29.13
30.87
31.93
36.14
41.94
46.89
52.14
60.59
69.70
70.02
11.52
60.59
44.42
47
12.90
FCF yield (avg)%
25.17
24.22
25.59
28.16
27.59
28.85
30.99
29.16
31.61
29.12
10.94
29.16
28.50
36
17.35
FCF margin%
15.75
15.51
15.23
14.21
16.77
15.19
15.12
12.28
11.49
9.71
29.71
12.28
15.15
53
0.377
FCF / Net incomex
0.415
0.447
0.460
0.444
0.485
0.488
0.541
0.597
0.582
0.528
0.669
0.541
0.487
42
3.44
ROIC%
29.51
26.66
29.56
32.12
30.43
32.35
31.12
33.48
34.52
31.63
7.52
32.35
31.37
70
2.25
Return on equity%
18.99
19.53
20.37
21.29
21.96
24.16
23.29
26.18
26.00
25.02
3.17
25.02
22.63
8
19.82
Return on assets%
13.44
11.05
12.07
11.23
12.35
12.68
10.63
13.44
12.93
13.75
10.65
12.93
12.52
89
1.95
EPSzł
3.04
3.23
3.66
3.99
4.25
4.52
5.51
5.77
5.75
5.89
2.14
6.76%
7.86%
—
22.20
EPS growth%
13.92
11.94
11.94
11.84
9.79
7.89
7.40
10.12
9.47
10.55
27.61
9.47
10.34
13
1.92
Bookvalue per shzł
1.16
1.21
1.34
1.54
1.68
1.80
2.14
2.41
2.53
2.60
2.37
9.05%
8.85%
—
2.38
FCF per sharezł
0.59
0.62
0.69
0.74
0.75
0.74
0.69
0.81
0.85
0.91
0.91
3.87%
4.22%
—
0.68
Dividend per shzł
0.82
0.83
0.92
1.02
1.11
1.30
1.56
1.81
1.87
2.14
0.34
14.03%
10.14%
—
5.86
Div yield (avg)%
19.22
19.98
20.65
22.67
23.22
23.96
22.03
24.80
22.48
19.49
4.87
22.48
22.26
19
3.16
Payout ratio%
12.59
14.62
16.08
13.24
10.45
10.96
10.90
11.24
9.38
12.20
22.15
10.96
11.72
11
3.007
Shares (diluted)M
2.557
2.623
2.907
3.125
3.276
3.312
3.405
3.349
3.012
2.987
3.031
(1.84%)
0.83%
39
24.47
Buyback yield%
22.59
23.11
25.68
24.52
24.75
25.40
24.33
23.85
22.12
20.36
14.86
23.85
24.09
68
1.550
D/E ratiox
1.652
1.680
1.903
2.251
2.342
2.625
2.925
3.211
3.481
3.655
0.519
3.211
2.484
24
2.819
Enterprise valuezł M
1.088
1.196
1.302
1.478
1.648
1.791
2.057
1.969
2.044
1.961
5.432
3.54%
7.30%
92
8.267
LT debtzł M
2.630
2.612
3.021
3.345
3.439
3.867
3.878
3.742
3.803
4.208
10.52
4.12%
5.27%
70
Cost of revenue
9.10%
0.99×
Operating expenses
9.03%
0.98×
Property and equipment
15.13%
Cash and investments
14.22%
Spread over hurdle
(0.63%)