| 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 March |
2011 | 2012 | 2013 | 2014 | 2015 | 2016 |
| Sales | 2 369 | 2 241 | 2 169 | 2 298 | 2 539 | 2 764 | | Operating income (EBITDA) | 854 | 716 | 654 | 758 | 861 | 916 | | Operating profit (EBIT) | 796 | 643 | 581 | 688 | 792 | 905 | | Pre-Tax Profit (EBT) | - | 612 | 547 | - | - | - | | Net income | 642 | 542 | 488 | 557 | 643 | 739 | | EPS ( $) | 2,39 | 1,99 | 1,79 | 1,99 | 2,30 | 2,49 | | Dividend per Share ( $) | 0,64 | 0,76 | 0,88 | 1,00 | 1,02 | 0,97 | | Yield | 1,61% | 1,91% | 2,21% | 2,52% | 2,57% | 2,44% | | Announcement Date | 04/27/2011
08:20pm | 04/25/2012
08:20pm | 04/24/2013
08:20pm | - | - | - |
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Actuals in M $ |
Estimates in M $ |
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Fiscal Period March |
2011 | 2012 | 2013 | 2014 | 2015 | 2016 |
| Debt | - | - | - | - | - | - | | Finance | 878 | 1 011 | 792 | 1 072 | 1 571 | 1 374 | | Operating income (EBITDA) | 854 | 716 | 654 | 758 | 861 | 916 | Leverage
(Debt/EBITDA) | - | - | - | - | - | - | | Capital Expenditure | 65,0 | 70,1 | 30,3 | 40,9 | 57,7 | 24,8 | | Book Value Per Share (BVPS) | 9,13 $ | 10,3 $ | - | 11,9 $ | 13,6 $ | 13,6 $ | | Cash Flow per Share | 2,70 $ | 3,04 $ | 2,41 $ | 2,34 $ | 2,69 $ | 2,75 $ | | Announcement Date | 04/27/2011
08:20pm | 04/25/2012
08:20pm | 04/24/2013
08:20pm | - | - | - |
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Assessed data source :
© 2013 Thomson Reuters |
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Valuation |
2014e |
2015e |
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PER (Price / EPS)
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20,0x |
17,3x |
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Capitalization / Revenue
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4,57x |
4,13x |
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EV / Revenue
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4,10x |
3,51x |
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EV / EBITDA
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12,4x |
10,4x |
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Yield (DPS / Price)
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2,52% |
2,57% |
| Profitability |
2014e |
2015e |
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Operating Margin (EBIT / Sales)
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29,9% |
31,2% |
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operating laverage (Delta EBIT / Delta Sales)
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3,09x |
1,44x |
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Net Margin (Net Profit / Revenue)
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24,2% |
25,3% |
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ROA (Net Profit / Asset)
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12,1% |
13,1% |
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ROE (Net Profit / Equities)
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18,2% |
18,6% |
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Rate of Dividend
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50,3% |
44,4% |
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