| 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 | - | 186 152 | 214 436 | 263 702 | 273 769 | 279 204 | | Operating income (EBITDA) | - | 6 464 | 5 943 | 15 162 | 17 808 | 20 648 | | Operating profit (EBIT) | - | 5 398 | 4 470 | 9 185 | 10 951 | 13 426 | | Pre-Tax Profit (EBT) | - | 4 004 | 1 076 | 7 703 | 12 215 | 16 033 | | Net income | - | 4 048 | 1 004 | 5 521 | 8 254 | 10 548 | | EPS ( $) | - | 0,69 | 0,14 | 0,47 | 0,61 | 0,78 | | Dividend per Share ( $) | - | 0,15 | 0,16 | 0,16 | 0,20 | 0,22 | | Yield | - | 2,91% | 3,05% | 3,10% | 3,80% | 4,18% | | Announcement Date | 12/31/1969 07:00pm | 03/05/2012 07:00am | 03/05/2013 07:00am | - | - | - |
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Actuals in M $ |
Estimates in M $ |
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Fiscal Period December |
2010 | 2011 | 2012 | 2013 | 2014 | 2015 |
| Debt | - | 12 938 | 15 416 | 48 057 | 44 144 | 40 528 | | Finance | - | - | - | - | - | - | | Operating income (EBITDA) | - | 6 464 | 5 943 | 15 162 | 17 808 | 20 648 | Leverage (Debt/EBITDA) | - | 2,00x | 2,59x | 3,17x | 2,48x | 1,96x | | Capital Expenditure | - | 2 606 | 2 970 | 10 374 | 8 094 | 5 821 | | Book Value Per Share (BVPS) | - | 4,23 $ | 4,40 $ | 5,86 $ | 5,72 $ | 6,19 $ | | Cash Flow per Share | - | -0,06 $ | 0,63 $ | 0,83 $ | 0,99 $ | 1,18 $ | | Announcement Date | 12/31/1969 07:00pm | 03/05/2012 07:00am | 03/05/2013 07:00am | - | - | - |
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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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11,0x |
8,45x |
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Capitalization / Revenue
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0,26x |
0,25x |
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EV / Revenue
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0,44x |
0,41x |
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EV / EBITDA
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7,69x |
6,33x |
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Yield (DPS / Price)
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3,10% |
3,80% |
| Profitability |
2013e |
2014e |
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Operating Margin (EBIT / Sales)
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3,48% |
4,00% |
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operating laverage (Delta EBIT / Delta Sales)
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4,59x |
5,04x |
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Net Margin (Net Profit / Revenue)
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2,09% |
3,01% |
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ROA (Net Profit / Asset)
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4,25% |
4,22% |
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ROE (Net Profit / Equities)
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9,95% |
9,43% |
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Rate of Dividend
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33,9% |
32,2% |
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