| 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 | 10 979 | 12 291 | 10 891 | 10 640 | 11 282 | 11 829 | | Operating income (EBITDA) | 4 939 | 3 707 | 915 | 1 061 | 1 339 | 1 582 | | Operating profit (EBIT) | 4 441 | 3 189 | 364 | 734 | 867 | 1 083 | | Pre-Tax Profit (EBT) | 3 011 | 610 | -29,0 | 794 | 982 | 1 733 | | Net income | 2 867 | 237 | -55,0 | 731 | 1 136 | 1 357 | | EPS ( $) | 0,19 | 0,02 | -0,00 | 0,05 | 0,06 | 0,09 | | Dividend per Share ( $) | - | - | - | 0,00 | 0,00 | 0,01 | | Yield | - | - | - | 0,16% | 0,78% | 1,27% | | Announcement Date | 03/31/2011 07:57am | 03/19/2012 12:20am | 03/04/2013 12:20am | - | - | - |
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Actuals in M $ |
Estimates in M $ |
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Fiscal Period December |
2010 | 2011 | 2012 | 2013 | 2014 | 2015 |
| Debt | 11 472 | 11 049 | 10 829 | 10 452 | 9 792 | 8 614 | | Finance | - | - | - | - | - | - | | Operating income (EBITDA) | 4 939 | 3 707 | 915 | 1 061 | 1 339 | 1 582 | Leverage (Debt/EBITDA) | 2,32x | 2,98x | 11,8x | 9,85x | 7,31x | 5,45x | | Capital Expenditure | 361 | 608 | 501 | 533 | 538 | 568 | | Book Value Per Share (BVPS) | 0,76 $ | 0,69 $ | 0,73 $ | 0,77 $ | 0,83 $ | 0,91 $ | | Cash Flow per Share | 0,12 $ | 0,12 $ | 0,07 $ | 0,03 $ | 0,05 $ | 0,07 $ | | Announcement Date | 03/31/2011 07:57am | 03/19/2012 12:20am | 03/04/2013 12:20am | - | - | - |
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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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10,5x |
7,67x |
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Capitalization / Revenue
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0,70x |
0,66x |
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EV / Revenue
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1,68x |
1,53x |
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EV / EBITDA
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16,9x |
12,9x |
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Yield (DPS / Price)
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0,16% |
0,78% |
| Profitability |
2013e |
2014e |
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Operating Margin (EBIT / Sales)
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6,90% |
7,69% |
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operating laverage (Delta EBIT / Delta Sales)
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- |
3,01x |
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Net Margin (Net Profit / Revenue)
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6,87% |
10,1% |
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ROA (Net Profit / Asset)
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4,98% |
2,39% |
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ROE (Net Profit / Equities)
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6,48% |
8,24% |
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Rate of Dividend
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1,72% |
5,96% |
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