| Income Statement Evolution | |
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| Annual Income Statement Data |
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Actuals in $ |
Estimates in $ |
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Fiscal Period December |
2010 | 2011 | 2012 | 2013 | 2014 | 2015 |
| Sales | 54 326 | 58 190 | - | 64 558 | 68 171 | 70 709 | | Operating income (EBITDA) | 8 542 | 9 446 | 9 208 | 11 005 | 11 868 | 12 916 | | Operating profit (EBIT) | 7 186 | 8 099 | 7 684 | 9 272 | 10 304 | 11 192 | | Pre-Tax Profit (EBT) | - | 7 605 | - | - | - | - | | Net income | 4 373 | 4 979 | - | 5 577 | 6 243 | 6 934 | | EPS ( $) | 4,74 | 5,49 | - | 6,12 | 6,96 | 7,84 | | Dividend per Share ( $) | 1,70 | 1,87 | 2,03 | 2,18 | 2,35 | 2,59 | | Yield | 1,77% | 1,94% | 2,11% | 2,27% | 2,45% | 2,69% | | Announcement Date | 01/26/2011 11:59am | 01/25/2012 11:59am | | - | - | - |
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Actuals in $ |
Estimates in $ |
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Fiscal Period December |
2010 | 2011 | 2012 | 2013 | 2014 | 2015 |
| Debt | 6 206 | 4 300 | 18 402 | 15 513 | 12 917 | 8 931 | | Finance | - | - | - | - | - | - | | Operating income (EBITDA) | 8 542 | 9 446 | 9 208 | 11 005 | 11 868 | 12 916 | Leverage (Debt/EBITDA) | 0,73x | 0,46x | 2,00x | 1,41x | 1,09x | 0,69x | | Capital Expenditure | 865 | 983 | 1 389 | 1 533 | 1 504 | 1 462 | | Book Value Per Share (BVPS) | 23,2 $ | 24,1 $ | 28,2 $ | 31,3 $ | 34,1 $ | 39,5 $ | | Cash Flow per Share | 6,40 $ | 7,27 $ | 7,29 $ | 7,80 $ | 9,10 $ | 10,0 $ | | Announcement Date | 01/26/2011 11:59am | 01/25/2012 11:59am | | - | - | - |
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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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15,7x |
13,8x |
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Capitalization / Revenue
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1,37x |
1,30x |
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EV / Revenue
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1,61x |
1,49x |
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EV / EBITDA
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9,44x |
8,54x |
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Yield (DPS / Price)
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2,27% |
2,45% |
| Profitability |
2013e |
2014e |
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Operating Margin (EBIT / Sales)
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14,4% |
15,1% |
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operating laverage (Delta EBIT / Delta Sales)
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- |
1,99x |
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Net Margin (Net Profit / Revenue)
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8,64% |
9,16% |
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ROA (Net Profit / Asset)
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6,36% |
7,05% |
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ROE (Net Profit / Equities)
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20,4% |
21,2% |
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Rate of Dividend
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35,6% |
33,8% |
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