| Income Statement Evolution | |
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| Annual Income Statement Data |
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Actuals in M $ |
Estimates in M $ |
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Fiscal Period December |
2010 | 2011 | 2012 | 2013 | 2014 | 2015 |
| Sales | 524 | 563 | 728 | 806 | 858 | 894 | | Operating income (EBITDA) | 330 | 356 | 420 | 455 | 488 | 520 | | Operating profit (EBIT) | 157 | 176 | 217 | 235 | 310 | 292 | | Pre-Tax Profit (EBT) | - | - | 171 | - | - | - | | Net income | 23,2 | 49,4 | 283 | 191 | 181 | 265 | | EPS ( $) | 0,33 | 0,66 | 3,30 | 2,17 | 1,99 | 1,88 | | Dividend per Share ( $) | 1,80 | 1,96 | 2,24 | 2,47 | 2,63 | 2,85 | | Yield | 2,41% | 2,62% | 3,00% | 3,30% | 3,52% | 3,82% | | Announcement Date | 02/03/2011
09:40pm | 02/02/2012
09:15pm | 01/31/2013
09:17pm | - | - | - |
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Actuals in M $ |
Estimates in M $ |
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Fiscal Period December |
2010 | 2011 | 2012 | 2013 | 2014 | 2015 |
| Debt | 2 393 | 2 377 | 2 484 | 2 604 | 2 667 | 2 737 | | Finance | - | - | - | - | - | - | | Operating income (EBITDA) | 330 | 356 | 420 | 455 | 488 | 520 | Leverage
(Debt/EBITDA) | 7,25x | 6,67x | 5,91x | 5,72x | 5,47x | 5,26x | | Capital Expenditure | 63,7 | 228 | 291 | 63,0 | 65,5 | 68,2 | | Book Value Per Share (BVPS) | 20,5 $ | 20,8 $ | 26,6 $ | 38,3 $ | 37,5 $ | 26,5 $ | | Cash Flow per Share | 3,25 $ | 3,32 $ | 3,79 $ | 3,78 $ | 3,65 $ | 4,47 $ | | Announcement Date | 02/03/2011
09:40pm | 02/02/2012
09:15pm | 01/31/2013
09:17pm | - | - | - |
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Assessed data source :
© 2013 Thomson Reuters |
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Valuation |
2013e |
2014e |
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PER (Price / EPS)
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34,5x |
37,6x |
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Capitalization / Revenue
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7,86x |
7,39x |
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EV / Revenue
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11,1x |
10,5x |
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EV / EBITDA
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19,7x |
18,5x |
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Yield (DPS / Price)
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3,30% |
3,52% |
| Profitability |
2013e |
2014e |
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Operating Margin (EBIT / Sales)
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29,2% |
36,2% |
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operating laverage (Delta EBIT / Delta Sales)
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0,78x |
4,97x |
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Net Margin (Net Profit / Revenue)
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23,6% |
21,0% |
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ROA (Net Profit / Asset)
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3,24% |
3,74% |
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ROE (Net Profit / Equities)
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4,95% |
5,55% |
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Rate of Dividend
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114% |
132% |
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