| 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 March |
2011 | 2012 | 2013 | 2014 | 2015 | 2016 |
| Sales | 5 660 | 6 860 | 6 945 | 7 411 | 7 996 | 8 723 | | Operating income (EBITDA) | 1 039 | 1 265 | - | 1 465 | 1 608 | 1 796 | | Operating profit (EBIT) | 845 | 1 039 | 1 145 | 1 206 | 1 351 | 1 529 | | Pre-Tax Profit (EBT) | - | 1 015 | 1 089 | - | - | - | | Net income | 568 | 681 | 750 | 817 | 907 | 1 080 | | EPS ( $) | 5,75 | 7,13 | 8,00 | 8,90 | 10,0 | 9,61 | | Dividend per Share ( $) | 0,50 | 0,80 | - | 1,80 | 1,86 | 1,68 | | Yield | 0,28% | 0,44% | - | 1,00% | 1,03% | 0,93% | | Announcement Date | 05/25/2011
12:00pm | 05/22/2012
12:01pm | 05/23/2013
12:01pm | - | - | - |
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Actuals in M $ |
Estimates in M $ |
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Fiscal Period March |
2011 | 2012 | 2013 | 2014 | 2015 | 2016 |
| Debt | - | - | - | - | - | - | | Finance | 755 | 913 | - | 1 139 | 1 282 | 1 906 | | Operating income (EBITDA) | 1 039 | 1 265 | - | 1 465 | 1 608 | 1 796 | Leverage
(Debt/EBITDA) | - | - | - | - | - | - | | Capital Expenditure | 255 | 272 | - | 372 | 361 | 353 | | Book Value Per Share (BVPS) | 35,0 $ | 39,4 $ | - | 44,1 $ | 48,6 $ | 57,5 $ | | Cash Flow per Share | 6,98 $ | 9,27 $ | - | 12,3 $ | 12,3 $ | 13,9 $ | | Announcement Date | 05/25/2011
12:00pm | 05/22/2012
12:01pm | 05/23/2013
12:01pm | - | - | - |
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Assessed data source :
© 2013 Thomson Reuters |
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Valuation |
2014e |
2015e |
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PER (Price / EPS)
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20,3x |
18,1x |
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Capitalization / Revenue
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2,22x |
2,06x |
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EV / Revenue
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2,07x |
1,90x |
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EV / EBITDA
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10,4x |
9,44x |
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Yield (DPS / Price)
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1,00% |
1,03% |
| Profitability |
2014e |
2015e |
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Operating Margin (EBIT / Sales)
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16,3% |
16,9% |
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operating laverage (Delta EBIT / Delta Sales)
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0,80x |
1,52x |
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Net Margin (Net Profit / Revenue)
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11,0% |
11,3% |
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ROA (Net Profit / Asset)
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15,5% |
16,0% |
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ROE (Net Profit / Equities)
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20,4% |
20,9% |
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Rate of Dividend
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20,3% |
18,6% |
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