Real-time Estimate
Cboe BZX
12:28:55 30/04/2024 am IST
|
5-day change
|
1st Jan Change
|
74.26
USD
|
+0.81%
|
|
-0.09%
|
+2.73%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
18,895
|
19,297
|
22,930
|
22,988
|
19,021
|
19,631
|
-
|
-
|
Enterprise Value (EV)
1 |
28,676
|
30,734
|
36,534
|
38,073
|
35,502
|
37,683
|
38,731
|
39,878
|
P/E ratio
|
22.9
x
|
22.3
x
|
23.2
x
|
21.5
x
|
16.5
x
|
16
x
|
14.9
x
|
14.1
x
|
Yield
|
2.5%
|
2.56%
|
2.47%
|
2.65%
|
3.48%
|
3.63%
|
3.87%
|
4.12%
|
Capitalization / Revenue
|
3.2
x
|
3.33
x
|
3.59
x
|
2.89
x
|
2.54
x
|
2.42
x
|
2.3
x
|
2.22
x
|
EV / Revenue
|
4.85
x
|
5.3
x
|
5.71
x
|
4.78
x
|
4.73
x
|
4.65
x
|
4.54
x
|
4.51
x
|
EV / EBITDA
|
12.7
x
|
12.9
x
|
14.7
x
|
13.6
x
|
12.1
x
|
11.7
x
|
11
x
|
10.5
x
|
EV / FCF
|
-119
x
|
-32.6
x
|
-28.3
x
|
-35
x
|
-34.4
x
|
-39.3
x
|
-98.8
x
|
-134
x
|
FCF Yield
|
-0.84%
|
-3.07%
|
-3.54%
|
-2.86%
|
-2.91%
|
-2.54%
|
-1.01%
|
-0.75%
|
Price to Book
|
2.35
x
|
2.21
x
|
2.36
x
|
2.22
x
|
1.7
x
|
1.62
x
|
1.52
x
|
1.43
x
|
Nbr of stocks (in thousands)
|
2,46,030
|
2,47,207
|
2,57,606
|
2,58,522
|
2,62,945
|
2,66,511
|
-
|
-
|
Reference price
2 |
76.80
|
78.06
|
89.01
|
88.92
|
72.34
|
73.66
|
73.66
|
73.66
|
Announcement Date
|
26/02/20
|
18/02/21
|
17/02/22
|
15/02/23
|
22/02/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
5,910
|
5,794
|
6,394
|
7,957
|
7,500
|
8,104
|
8,534
|
8,850
|
EBITDA
1 |
2,262
|
2,375
|
2,479
|
2,804
|
2,945
|
3,220
|
3,513
|
3,798
|
EBIT
1 |
1,267
|
1,300
|
1,333
|
1,515
|
1,558
|
1,802
|
2,029
|
2,232
|
Operating Margin
|
21.44%
|
22.44%
|
20.85%
|
19.04%
|
20.77%
|
22.24%
|
23.78%
|
25.22%
|
Earnings before Tax (EBT)
1 |
1,016
|
1,032
|
1,152
|
1,255
|
1,340
|
1,490
|
1,586
|
1,725
|
Net income
1 |
828
|
871
|
990
|
1,074
|
1,152
|
1,229
|
1,342
|
1,465
|
Net margin
|
14.01%
|
15.03%
|
15.48%
|
13.5%
|
15.36%
|
15.17%
|
15.73%
|
16.55%
|
EPS
2 |
3.350
|
3.500
|
3.840
|
4.140
|
4.380
|
4.612
|
4.931
|
5.231
|
Free Cash Flow
1 |
-241
|
-942
|
-1,293
|
-1,088
|
-1,033
|
-959
|
-392
|
-298
|
FCF margin
|
-4.08%
|
-16.26%
|
-20.22%
|
-13.67%
|
-13.77%
|
-11.83%
|
-4.59%
|
-3.37%
|
FCF Conversion (EBITDA)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
FCF Conversion (Net income)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Dividend per Share
2 |
1.920
|
2.000
|
2.200
|
2.360
|
2.520
|
2.673
|
2.851
|
3.034
|
Announcement Date
|
26/02/20
|
18/02/21
|
17/02/22
|
15/02/23
|
22/02/24
|
-
|
-
|
-
|
Fiscal Period: December |
2021 Q3
|
2021 Q4
|
2022 Q1
|
2022 Q2
|
2022 Q3
|
2022 Q4
|
2023 Q1
|
2023 Q2
|
2023 Q3
|
2023 Q4
|
2024 Q1
|
2024 Q2
|
2024 Q3
|
2024 Q4
|
2025 Q1
|
---|
Net sales
1 |
1,811
|
1,545
|
1,879
|
1,726
|
2,306
|
2,046
|
2,062
|
1,760
|
2,060
|
1,618
|
2,187
|
1,881
|
2,192
|
1,933
|
-
|
EBITDA
1 |
824
|
487
|
630
|
625
|
949
|
600
|
671
|
664
|
983
|
627
|
957.4
|
869.4
|
1,133
|
-
|
-
|
EBIT
1 |
534
|
197
|
331
|
309
|
599
|
276
|
351
|
329
|
614
|
264
|
482
|
444.6
|
715.9
|
305
|
-
|
Operating Margin
|
29.49%
|
12.75%
|
17.62%
|
17.9%
|
25.98%
|
13.49%
|
17.02%
|
18.69%
|
29.81%
|
16.32%
|
22.04%
|
23.64%
|
32.66%
|
15.78%
|
-
|
Earnings before Tax (EBT)
1 |
496
|
155
|
287
|
245
|
531
|
192
|
302
|
277
|
563
|
198
|
336
|
325.6
|
638.6
|
223.6
|
-
|
Net income
1 |
425
|
125
|
252
|
207
|
452
|
163
|
264
|
237
|
493
|
158
|
282.1
|
263.1
|
513
|
178.2
|
-
|
Net margin
|
23.47%
|
8.09%
|
13.41%
|
11.99%
|
19.6%
|
7.97%
|
12.8%
|
13.47%
|
23.93%
|
9.77%
|
12.9%
|
13.99%
|
23.41%
|
9.22%
|
-
|
EPS
2 |
1.650
|
0.4800
|
0.9700
|
0.8000
|
1.740
|
0.6300
|
1.000
|
0.9000
|
1.870
|
0.6000
|
1.077
|
0.9471
|
1.974
|
0.6435
|
-
|
Dividend per Share
2 |
0.5500
|
0.5500
|
0.5900
|
0.5900
|
0.5900
|
0.5900
|
0.6300
|
0.6300
|
-
|
0.6300
|
0.6693
|
0.6693
|
0.6693
|
0.6693
|
0.7079
|
Announcement Date
|
03/11/21
|
17/02/22
|
05/05/22
|
04/08/22
|
03/11/22
|
15/02/23
|
04/05/23
|
02/08/23
|
08/11/23
|
22/02/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
9,781
|
11,437
|
13,604
|
15,085
|
16,481
|
18,052
|
19,100
|
20,247
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
4.324
x
|
4.816
x
|
5.488
x
|
5.38
x
|
5.596
x
|
5.606
x
|
5.437
x
|
5.331
x
|
Free Cash Flow
1 |
-241
|
-942
|
-1,293
|
-1,088
|
-1,033
|
-959
|
-392
|
-298
|
ROE (net income / shareholders' equity)
|
10.6%
|
10.2%
|
10.6%
|
10.5%
|
10.5%
|
10.5%
|
10.5%
|
10.6%
|
ROA (Net income/ Total Assets)
|
2.95%
|
2.85%
|
2.92%
|
2.92%
|
2.93%
|
2.82%
|
2.94%
|
3.05%
|
Assets
1 |
28,074
|
30,561
|
33,881
|
36,820
|
39,367
|
43,594
|
45,662
|
48,021
|
Book Value Per Share
2 |
32.70
|
35.30
|
37.60
|
40.10
|
42.60
|
45.50
|
48.30
|
51.60
|
Cash Flow per Share
2 |
8.780
|
6.940
|
6.450
|
8.720
|
9.730
|
11.40
|
-
|
-
|
Capex
1 |
2,411
|
2,669
|
2,954
|
3,351
|
3,597
|
4,133
|
4,030
|
4,111
|
Capex / Sales
|
40.8%
|
46.06%
|
46.2%
|
42.11%
|
47.96%
|
51%
|
47.23%
|
46.45%
|
Announcement Date
|
26/02/20
|
18/02/21
|
17/02/22
|
15/02/23
|
22/02/24
|
-
|
-
|
-
|
Last Close Price
73.66
USD Average target price
76.69
USD Spread / Average Target +4.11% Consensus |
1st Jan change
|
Capi.
|
---|
| +2.73% | 19.63B | | -20.86% | 85.7B | | +53.31% | 77.2B | | -0.38% | 48.58B | | -3.63% | 45.12B | | +2.09% | 41.62B | | +2.59% | 34.6B | | +12.46% | 33.81B | | -19.86% | 25.56B | | -10.00% | 23.21B |
Other Multiline Utilities
|