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Fiscal Period: December
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2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
Capitalization1 |
29 728 | 24 523 | 31 565 | 34 065 | 40 937 | 28 268 | - | - |
Enterprise Value (EV)1 |
32 383 | 28 576 | 35 344 | 37 988 | 46 446 | 33 658 | 33 269 | 32 901 |
P/E ratio |
18,5x | 18,7x | 25,6x | 32,4x | 28,7x | 19,3x | 14,7x | 12,8x |
Yield |
1,46% | 1,82% | 1,48% | 1,46% | 1,31% | 2,01% | 2,11% | 2,19% |
Capitalization / Revenue |
2,02x | 1,60x | 2,08x | 2,46x | 2,44x | 1,53x | 1,44x | 1,38x |
EV / Revenue |
2,20x | 1,86x | 2,33x | 2,75x | 2,76x | 1,82x | 1,70x | 1,61x |
EV / EBITDA |
12,8x | 11,6x | 13,7x | 15,9x | 17,1x | 12,2x | 10,2x | 9,37x |
Price to Book |
5,38x | 5,21x | 5,95x | 6,00x | 6,47x | 4,23x | 3,68x | 3,34x |
Nbr of stocks (in thousands) |
254 476 | 239 885 | 236 463 | 236 204 | 237 401 | 236 194 | - | - |
Reference price (USD) |
117 | 102 | 133 | 144 | 172 | 120 | 120 | 120 |
Announcement Date |
01/18/2018 | 01/17/2019 | 01/16/2020 | 01/21/2021 | 01/20/2022 | - | - | - |
1 USD in Million |
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Income Statement Evolution (Annual data) |
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Fiscal Period: December
|
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
Net sales1 |
14 750 | 15 374 | 15 146 | 13 834 | 16 802 | 18 443 | 19 592 | 20 420 |
EBITDA1 |
2 532 | 2 474 | 2 584 | 2 392 | 2 710 | 2 757 | 3 248 | 3 511 |
Operating profit (EBIT)1 |
2 072 | 1 985 | 2 073 | 1 883 | 2 149 | 2 201 | 2 678 | 2 993 |
Operating Margin |
14,0% | 12,9% | 13,7% | 13,6% | 12,8% | 11,9% | 13,7% | 14,7% |
Pre-Tax Profit (EBT)1 |
2 008 | 1 693 | 1 661 | 1 362 | 1 815 | 2 056 | 2 499 | 2 799 |
Net income1 |
1 628 | 1 341 | 1 243 | 1 056 | 1 439 | 1 500 | 1 927 | 2 176 |
Net margin |
11,0% | 8,72% | 8,21% | 7,63% | 8,56% | 8,13% | 9,84% | 10,7% |
EPS2 |
6,31 | 5,47 | 5,22 | 4,45 | 6,01 | 6,21 | 8,15 | 9,33 |
Dividend per Share2 |
1,70 | 1,86 | 1,98 | 2,10 | 2,26 | 2,41 | 2,52 | 2,62 |
Announcement Date |
01/18/2018 | 01/17/2019 | 01/16/2020 | 01/21/2021 | 01/20/2022 | - | - | - |
1 USD in Million 2 USD |
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Income Statement Evolution (Quarterly data) |
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Fiscal Period: December
|
2019 Q4 |
2020 Q1 |
2020 Q2 |
2020 Q3 |
2020 Q4 |
2021 Q1 |
2021 Q2 |
2021 Q3 |
2021 Q4 |
2022 Q1 |
2022 Q2 |
2022 Q3 |
2022 Q4 |
2023 Q1 |
2023 Q2 |
Net sales1 |
3 672 | 3 377 | 3 015 | 3 685 | 3 757 | 3 881 | 4 359 | 4 372 | 4 190 | 4 308 | 4 739 | 4 859 | 4 627 | 4 633 | 5 120 |
EBITDA1 |
580 | 521 | 469 | 756 | 645 | 747 | 770 | 695 | 498 | 552 | 699 | 790 | 679 | 709 | 880 |
Operating profit (EBIT)1 |
446 | 392 | 346 | 624 | 520 | 618 | 633 | 549 | 349 | 407 | 569 | 660 | 546 | 534 | 729 |
Operating Margin |
12,1% | 11,6% | 11,5% | 16,9% | 13,8% | 15,9% | 14,5% | 12,6% | 8,33% | 9,45% | 12,0% | 13,6% | 11,8% | 11,5% | 14,2% |
Pre-Tax Profit (EBT)1 |
398 | 319 | 126 | 572 | 345 | 499 | 593 | - | 282 | 78,0 | 528 | 641 | 511 | - | - |
Net income1 |
292 | 243 | 102 | 442 | 272 | 378 | 431 | 344 | 286 | 18,0 | 399 | 482 | 375 | - | - |
Net margin |
7,95% | 7,20% | 3,38% | 12,0% | 7,24% | 9,74% | 9,89% | 7,87% | 6,83% | 0,42% | 8,42% | 9,92% | 8,11% | - | - |
EPS2 |
1,22 | 1,02 | 0,43 | 1,86 | 1,14 | 1,58 | 1,80 | 1,43 | 1,20 | 0,08 | 1,68 | 2,03 | 1,60 | - | - |
Dividend per Share |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Announcement Date |
01/16/2020 | 04/27/2020 | 07/16/2020 | 10/19/2020 | 01/21/2021 | 04/15/2021 | 07/19/2021 | 10/20/2021 | 01/20/2022 | 04/21/2022 | - | - | - | - | - |
1 USD in Million 2 USD |
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Fiscal Period: December
|
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
Net Debt1 |
2 655 | 4 053 | 3 779 | 3 923 | 5 509 | 5 390 | 5 001 | 4 633 |
Net Cash position1 |
- | - | - | - | - | - | - | - |
Leverage (Debt / EBITDA) |
1,05x | 1,64x | 1,46x | 1,64x | 2,03x | 1,96x | 1,54x | 1,32x |
Free Cash Flow1 |
1 208 | 1 089 | 1 685 | 1 826 | 1 191 | 1 339 | 1 893 | 2 171 |
ROE (Net Profit / Equities) |
29,1% | 26,3% | 29,9% | 24,7% | 27,0% | 26,3% | 28,5% | 29,6% |
Shareholders' equity1 |
5 587 | 5 094 | 4 163 | 4 282 | 5 322 | 5 702 | 6 762 | 7 360 |
ROA (Net Profit / Asset) |
9,37% | 8,24% | 8,78% | 7,26% | 7,04% | 7,83% | 8,49% | 8,96% |
Assets1 |
17 382 | 16 277 | 14 162 | 14 542 | 20 455 | 19 168 | 22 703 | 24 287 |
Book Value Per Share2 |
21,7 | 19,6 | 22,4 | 24,0 | 26,6 | 28,3 | 32,5 | 35,8 |
Cash Flow per Share2 |
6,08 | 6,11 | 8,82 | 8,95 | 6,53 | 9,58 | 9,99 | 11,8 |
Capex1 |
360 | 411 | 415 | 304 | 371 | 513 | 486 | 488 |
Capex / Sales |
2,44% | 2,67% | 2,74% | 2,20% | 2,21% | 2,78% | 2,48% | 2,39% |
Announcement Date |
01/18/2018 | 01/17/2019 | 01/16/2020 | 01/21/2021 | 01/20/2022 | - | - | - |
1 USD in Million 2 USD |
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| |
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Capitalization (USD) |
28 267 739 448 |
Net sales (USD) |
16 802 000 000 |
Number of employees |
49 300 |
Sales / Employee (USD) |
340 811 |
Free-Float |
40,5% |
Free-Float capitalization (USD) |
11 439 994 018 |
Avg. Exchange 20 sessions (USD) |
218 239 496 |
Average Daily Capital Traded |
0,77% |
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
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