| 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 | 41 050 | 43 630 | 44 207 | 44 764 | 46 081 | 46 579 | | Operating income (EBITDA) | 2 322 | 2 283 | 2 192 | 2 174 | 2 212 | 2 204 | | Operating profit (EBIT) | 1 159 | 1 135 | 1 058 | 1 057 | 1 087 | 1 062 | | Pre-Tax Profit (EBT) | - | 882 | 828 | - | - | - | | Net income | 590 | 517 | 597 | 572 | 601 | - | | EPS ( $) | 1,55 | 1,49 | 2,40 | 2,38 | 2,46 | 2,43 | | Dividend per Share ( $) | 0,46 | 0,56 | - | 0,72 | 0,80 | 0,92 | | Yield | 1,98% | 2,39% | - | 3,10% | 3,47% | 3,99% | | Announcement Date | 02/24/2011 02:00pm | 02/23/2012 02:00pm | 02/21/2013 02:03pm | - | - | - |
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Actuals in M $ |
Estimates in M $ |
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Fiscal Period December |
2010 | 2011 | 2012 | 2013 | 2014 | 2015 |
| Debt | 4 058 | 4 681 | 5 222 | 4 254 | 3 940 | 3 970 | | Finance | - | - | - | - | - | - | | Operating income (EBITDA) | 2 322 | 2 283 | 2 192 | 2 174 | 2 212 | 2 204 | Leverage (Debt/EBITDA) | 1,75x | 2,05x | 2,38x | 1,96x | 1,78x | 1,80x | | Capital Expenditure | 838 | 1 094 | 928 | 1 014 | 1 068 | 1 139 | | Book Value Per Share (BVPS) | 13,6 $ | 12,4 $ | 12,2 $ | 13,5 $ | 13,9 $ | 14,4 $ | | Cash Flow per Share | 4,87 $ | 5,89 $ | 6,38 $ | 7,24 $ | 7,25 $ | 7,46 $ | | Announcement Date | 02/24/2011 02:00pm | 02/23/2012 02:00pm | 02/21/2013 02:03pm | - | - | - |
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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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9,73x |
9,43x |
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Capitalization / Revenue
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0,12x |
0,12x |
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EV / Revenue
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0,22x |
0,21x |
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EV / EBITDA
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4,53x |
4,31x |
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Yield (DPS / Price)
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3,10% |
3,47% |
| Profitability |
2013e |
2014e |
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Operating Margin (EBIT / Sales)
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2,36% |
2,36% |
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operating laverage (Delta EBIT / Delta Sales)
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- |
0,96x |
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Net Margin (Net Profit / Revenue)
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1,28% |
1,30% |
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ROA (Net Profit / Asset)
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4,60% |
4,66% |
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ROE (Net Profit / Equities)
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17,6% |
16,6% |
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Rate of Dividend
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30,2% |
32,7% |
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