| 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 September |
2010 | 2011 | 2012 | 2013 | 2014 | 2015 |
| Sales | 10 991 | 14 957 | 19 121 | 24 513 | 27 147 | 29 282 | | Operating income (EBITDA) | 4 982 | 7 145 | 7 997 | 9 271 | 10 195 | 11 294 | | Operating profit (EBIT) | 4 316 | 6 084 | 7 100 | 8 678 | 9 709 | 10 414 | | Pre-Tax Profit (EBT) | - | - | 6 562 | - | - | - | | Net income | 3 247 | 4 260 | 6 109 | 6 958 | 7 654 | 8 137 | | EPS ( $) | 1,96 | 2,52 | 3,51 | 3,96 | 4,27 | 4,54 | | Dividend per Share ( $) | 0,72 | 0,81 | 0,93 | 1,11 | 1,26 | 1,46 | | Yield | 1,08% | 1,22% | 1,40% | 1,67% | 1,89% | 2,19% | | Announcement Date | 11/03/2010 08:00pm | 11/02/2011 08:00pm | 11/07/2012 09:00pm | - | - | - |
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Actuals in M $ |
Estimates in M $ |
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Fiscal Period September |
2010 | 2011 | 2012 | 2013 | 2014 | 2015 |
| Debt | - | - | - | - | - | - | | Finance | 9 193 | 10 658 | 12 374 | 21 436 | 26 821 | 31 763 | | Operating income (EBITDA) | 4 982 | 7 145 | 7 997 | 9 271 | 10 195 | 11 294 | Leverage (Debt/EBITDA) | - | - | - | - | - | - | | Capital Expenditure | 426 | 593 | 1 284 | 1 052 | 1 170 | 1 265 | | Book Value Per Share (BVPS) | 12,9 $ | 16,0 $ | 19,7 $ | 22,6 $ | 25,5 $ | 28,4 $ | | Cash Flow per Share | 2,46 $ | 2,90 $ | 3,45 $ | 4,47 $ | 5,06 $ | 5,48 $ | | Announcement Date | 11/03/2010 08:00pm | 11/02/2011 08:00pm | 11/07/2012 09:00pm | - | - | - |
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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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16,8x |
15,6x |
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Capitalization / Revenue
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4,70x |
4,24x |
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EV / Revenue
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3,82x |
3,25x |
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EV / EBITDA
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10,1x |
8,66x |
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Yield (DPS / Price)
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1,67% |
1,89% |
| Profitability |
2013e |
2014e |
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Operating Margin (EBIT / Sales)
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35,4% |
35,8% |
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operating laverage (Delta EBIT / Delta Sales)
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0,79x |
1,11x |
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Net Margin (Net Profit / Revenue)
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28,4% |
28,2% |
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ROA (Net Profit / Asset)
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15,7% |
15,4% |
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ROE (Net Profit / Equities)
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19,3% |
18,2% |
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Rate of Dividend
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28,2% |
29,6% |
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