| 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 | 118 782 | 128 200 | 126 600 | 136 151 | 142 804 | 153 704 | | Operating income (EBITDA) | 10 049 | 16 717 | - | 10 817 | 12 333 | 14 397 | | Operating profit (EBIT) | 6 173 | 11 341 | - | 6 315 | 8 010 | 9 810 | | Pre-Tax Profit (EBT) | - | - | 7 720 | - | - | - | | Net income | 6 953 | 20 213 | 5 713 | 5 531 | 6 580 | 7 927 | | EPS ( $) | 1,66 | 4,94 | 1,42 | 1,39 | 1,65 | 1,99 | | Dividend per Share ( $) | - | 0,05 | - | 0,38 | 0,40 | 0,44 | | Yield | - | 0,33% | - | 2,57% | 2,65% | 2,95% | | Announcement Date | 01/28/2011 12:00pm | 01/27/2012 12:00pm | 01/29/2013 12:01pm | - | - | - |
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Actuals in M $ |
Estimates in M $ |
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Fiscal Period December |
2010 | 2011 | 2012 | 2013 | 2014 | 2015 |
| Debt | 68 418 | 63 722 | - | - | - | - | | Finance | - | - | 10 169 | 7 249 | 8 620 | 11 810 | | Operating income (EBITDA) | 10 049 | 16 717 | - | 10 817 | 12 333 | 14 397 | Leverage (Debt/EBITDA) | 6,81x | 3,81x | - | - | - | - | | Capital Expenditure | 3 900 | 4 293 | 5 488 | 6 786 | 6 439 | 6 403 | | Book Value Per Share (BVPS) | -0,18 $ | 3,94 $ | 4,10 $ | 4,96 $ | 6,19 $ | 7,79 $ | | Cash Flow per Share | 2,75 $ | 2,38 $ | 2,25 $ | 2,19 $ | 2,63 $ | 3,05 $ | | Announcement Date | 01/28/2011 12:00pm | 01/27/2012 12:00pm | 01/29/2013 12:01pm | - | - | - |
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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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10,8x |
9,10x |
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Capitalization / Revenue
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0,43x |
0,41x |
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EV / Revenue
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0,38x |
0,35x |
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EV / EBITDA
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4,77x |
4,07x |
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Yield (DPS / Price)
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2,57% |
2,65% |
| Profitability |
2013e |
2014e |
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Operating Margin (EBIT / Sales)
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4,64% |
5,61% |
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operating laverage (Delta EBIT / Delta Sales)
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- |
5,49x |
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Net Margin (Net Profit / Revenue)
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4,06% |
4,61% |
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ROA (Net Profit / Asset)
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3,55% |
4,13% |
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ROE (Net Profit / Equities)
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35,0% |
34,4% |
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Rate of Dividend
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27,7% |
24,1% |
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