| 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 | 4 665 | 4 806 | 4 726 | 4 640 | 4 780 | 4 990 | | Operating income (EBITDA) | 1 048 | 1 015 | 1 095 | 1 069 | 1 131 | 1 198 | | Operating profit (EBIT) | 899 | 874 | 921 | 899 | 975 | 1 008 | | Pre-Tax Profit (EBT) | - | - | 857 | - | - | - | | Net income | 561 | 634 | 609 | 635 | 659 | 689 | | EPS ( $) | 3,52 | 4,06 | 4,15 | 4,60 | 4,91 | 5,41 | | Dividend per Share ( $) | 0,96 | 0,96 | 1,08 | 1,12 | 1,19 | 1,36 | | Yield | 1,44% | 1,44% | 1,63% | 1,68% | 1,79% | 2,04% | | Announcement Date | 10/29/2010 11:30am | 10/28/2011 11:30am | 10/26/2012 11:30am | - | - | - |
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Actuals in M $ |
Estimates in M $ |
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Fiscal Period September |
2010 | 2011 | 2012 | 2013 | 2014 | 2015 |
| Debt | 114 | - | 444 | 684 | 716 | 762 | | Finance | - | 2,00 | - | - | - | - | | Operating income (EBITDA) | 1 048 | 1 015 | 1 095 | 1 069 | 1 131 | 1 198 | Leverage (Debt/EBITDA) | 0,11x | - | 0,41x | 0,64x | 0,63x | 0,64x | | Capital Expenditure | 109 | 152 | 138 | 139 | 140 | 147 | | Book Value Per Share (BVPS) | 11,4 $ | 9,93 $ | 8,89 $ | 10,8 $ | 11,8 $ | 16,5 $ | | Cash Flow per Share | 4,47 $ | 4,21 $ | 3,64 $ | 4,81 $ | 5,08 $ | 5,77 $ | | Announcement Date | 10/29/2010 11:30am | 10/28/2011 11:30am | 10/26/2012 11:30am | - | - | - |
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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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14,5x |
13,5x |
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Capitalization / Revenue
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1,94x |
1,89x |
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EV / Revenue
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2,09x |
2,04x |
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EV / EBITDA
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9,07x |
8,61x |
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Yield (DPS / Price)
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1,68% |
1,79% |
| Profitability |
2013e |
2014e |
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Operating Margin (EBIT / Sales)
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19,4% |
20,4% |
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operating laverage (Delta EBIT / Delta Sales)
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-1,32x |
2,78x |
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Net Margin (Net Profit / Revenue)
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13,7% |
13,8% |
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ROA (Net Profit / Asset)
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12,0% |
12,1% |
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ROE (Net Profit / Equities)
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49,7% |
52,8% |
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Rate of Dividend
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24,3% |
24,2% |
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