| 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 | 10 707 | 11 700 | 13 300 | 14 896 | 16 656 | 18 611 | | Operating income (EBITDA) | 1 983 | 2 222 | 2 548 | 3 019 | 3 577 | 4 206 | | Operating profit (EBIT) | 1 472 | 1 698 | 1 997 | 2 434 | 2 938 | 3 460 | | Pre-Tax Profit (EBT) | - | - | 2 059 | - | - | - | | Net income | 946 | 1 246 | 1 384 | 1 654 | 1 983 | 2 410 | | EPS ( $) | 1,24 | 1,62 | 1,79 | 2,18 | 2,62 | 3,21 | | Dividend per Share ( $) | 0,36 | 0,56 | 0,72 | 0,86 | 1,00 | 1,19 | | Yield | 0,54% | 0,83% | 1,07% | 1,27% | 1,49% | 1,77% | | Announcement Date | 11/04/2010 08:03pm | 11/03/2011 08:03pm | 11/01/2012 08:03pm | - | - | - |
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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 | 615 | 599 | 1 487 | 1 144 | 1 300 | 1 163 | | Operating income (EBITDA) | 1 983 | 2 222 | 2 548 | 3 019 | 3 577 | 4 206 | Leverage (Debt/EBITDA) | - | - | - | - | - | - | | Capital Expenditure | 441 | 532 | 856 | 1 159 | 1 216 | 1 287 | | Book Value Per Share (BVPS) | 4,95 $ | 5,89 $ | 6,82 $ | 7,78 $ | 8,72 $ | 9,80 $ | | Cash Flow per Share | 2,23 $ | 2,09 $ | 2,22 $ | 3,15 $ | 3,61 $ | 4,21 $ | | Announcement Date | 11/04/2010 08:03pm | 11/03/2011 08:03pm | 11/01/2012 08:03pm | - | - | - |
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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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30,8x |
25,6x |
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Capitalization / Revenue
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3,37x |
3,02x |
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EV / Revenue
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3,30x |
2,94x |
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EV / EBITDA
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16,3x |
13,7x |
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Yield (DPS / Price)
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1,27% |
1,49% |
| Profitability |
2013e |
2014e |
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Operating Margin (EBIT / Sales)
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16,3% |
17,6% |
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operating laverage (Delta EBIT / Delta Sales)
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1,82x |
1,75x |
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Net Margin (Net Profit / Revenue)
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11,1% |
11,9% |
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ROA (Net Profit / Asset)
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19,2% |
21,2% |
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ROE (Net Profit / Equities)
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29,6% |
33,2% |
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Rate of Dividend
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39,3% |
38,2% |
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