| 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 | 28 430 | 32 266 | 33 278 | 34 236 | 35 111 | 36 953 | | Operating income (EBITDA) | 2 044 | 1 791 | 1 762 | 1 817 | 2 040 | 1 943 | | Operating profit (EBIT) | 1 547 | 1 285 | 1 263 | 1 291 | 1 510 | 1 631 | | Pre-Tax Profit (EBT) | - | - | 927 | - | - | - | | Net income | 780 | 750 | 583 | 719 | 901 | 1 009 | | EPS ( $) | 2,06 | 1,97 | 1,58 | 2,02 | 2,52 | 2,70 | | Dividend per Share ( $) | 0,16 | 0,16 | 0,16 | 0,20 | 0,20 | 0,20 | | Yield | 0,64% | 0,64% | 0,64% | 0,79% | 0,80% | 0,80% | | Announcement Date | 11/22/2010 12:30pm | 11/21/2011 12:30pm | 11/19/2012 12:30pm | - | - | - |
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Actuals in M $ |
Estimates in M $ |
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Fiscal Period September |
2010 | 2011 | 2012 | 2013 | 2014 | 2015 |
| Debt | 1 558 | 1 466 | 1 361 | 989 | 733 | 276 | | Finance | - | - | - | - | - | - | | Operating income (EBITDA) | 2 044 | 1 791 | 1 762 | 1 817 | 2 040 | 1 943 | Leverage (Debt/EBITDA) | 0,76x | 0,82x | 0,77x | 0,54x | 0,36x | 0,14x | | Capital Expenditure | 550 | 643 | 690 | 573 | 593 | 652 | | Book Value Per Share (BVPS) | 13,8 $ | 15,3 $ | 16,8 $ | 17,9 $ | 20,1 $ | 22,2 $ | | Cash Flow per Share | 3,78 $ | 2,79 $ | 3,21 $ | 2,93 $ | 3,38 $ | 3,69 $ | | Announcement Date | 11/22/2010 12:30pm | 11/21/2011 12:30pm | 11/19/2012 12:30pm | - | - | - |
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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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12,4x |
9,91x |
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Capitalization / Revenue
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0,26x |
0,25x |
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EV / Revenue
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0,29x |
0,27x |
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EV / EBITDA
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5,42x |
4,70x |
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Yield (DPS / Price)
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0,79% |
0,80% |
| Profitability |
2013e |
2014e |
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Operating Margin (EBIT / Sales)
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3,77% |
4,30% |
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operating laverage (Delta EBIT / Delta Sales)
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0,77x |
6,64x |
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Net Margin (Net Profit / Revenue)
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2,10% |
2,57% |
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ROA (Net Profit / Asset)
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6,30% |
7,13% |
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ROE (Net Profit / Equities)
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11,8% |
12,7% |
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Rate of Dividend
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9,84% |
7,94% |
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