pww.comTsingtao Brewery Company Limited - SEHK:168

Valuation And Growth

Segments

1Y

3Y

5Y

ALL

For the Fiscal PeriodFeb-28-2025Jan-31-2025Dec-31-2024Nov-30-2024Oct-31-2024Sep-30-2024Aug-31-2024Jul-31-2024Jun-30-2024May-31-2024Apr-30-2024Mar-31-2024Feb-29-2024Jan-31-2024Dec-31-2023Nov-30-2023Oct-31-2023Sep-30-2023Aug-31-2023Jul-31-2023Jun-30-2023May-31-2023Apr-30-2023Mar-31-2023Feb-28-2023Jan-31-2023Dec-31-2022Nov-30-2022Oct-31-2022Sep-30-2022Aug-31-2022Jul-31-2022Jun-30-2022May-31-2022Apr-30-2022Mar-31-2022Feb-28-2022Jan-31-2022Dec-31-2021Nov-30-2021Oct-31-2021Sep-30-2021Aug-31-2021Jul-31-2021Jun-30-2021May-31-2021Apr-30-2021Mar-31-2021Feb-28-2021Jan-31-2021Dec-31-2020Nov-30-2020Oct-31-2020Sep-30-2020Aug-31-2020Jul-31-2020Jun-30-2020May-31-2020Apr-30-2020Mar-31-2020Feb-29-2020Jan-31-2020Dec-31-2019Nov-30-2019Oct-31-2019Sep-30-2019Aug-31-2019Jul-31-2019Jun-30-2019May-31-2019Apr-30-2019Mar-31-2019Feb-28-2019Jan-31-2019Dec-31-2018Nov-30-2018Oct-31-2018Sep-30-2018Aug-31-2018Jul-31-2018Jun-30-2018May-31-2018Apr-30-2018Mar-31-2018Feb-28-2018Jan-31-2018Dec-31-2017Nov-30-2017Oct-31-2017Sep-30-2017Aug-31-2017Jul-31-2017Jun-30-2017May-31-2017Apr-30-2017Mar-31-2017Feb-28-2017Jan-31-2017Dec-31-2016Nov-30-2016Oct-31-2016Sep-30-2016Aug-31-2016Jul-31-2016Jun-30-2016May-31-2016Apr-30-2016Mar-31-2016Feb-29-2016Jan-31-2016Dec-31-2015Nov-30-2015Oct-31-2015Sep-30-2015Aug-31-2015Jul-31-2015Jun-30-2015May-31-2015Apr-30-2015Mar-31-2015Feb-28-2015Jan-31-2015Dec-31-2014Nov-30-2014Oct-31-2014Sep-30-2014Aug-31-2014Jul-31-2014Jun-30-2014May-31-2014Apr-30-2014Mar-31-2014Feb-28-2014Jan-31-2014Dec-31-2013Nov-30-2013Oct-31-2013Sep-30-2013Aug-31-2013Jul-31-2013Jun-30-2013May-31-2013Apr-30-2013Mar-31-2013Feb-28-2013Jan-31-2013Dec-31-2012Nov-30-2012Oct-31-2012Sep-30-2012Aug-31-2012Jul-31-2012Jun-30-2012May-31-2012Apr-30-2012Mar-31-2012Feb-29-2012Jan-31-2012Dec-31-2011Nov-30-2011Oct-31-2011Sep-30-2011Aug-31-2011Jul-31-2011Jun-30-2011May-31-2011Apr-30-2011Mar-31-2011Feb-28-2011Jan-31-2011Dec-31-2010Nov-30-2010Oct-31-2010Sep-30-2010Aug-31-2010Jul-31-2010Jun-30-2010May-31-2010Apr-30-2010Mar-31-2010Feb-28-2010Jan-31-2010Dec-31-2009Nov-30-2009Oct-31-2009Sep-30-2009Aug-31-2009Jul-31-2009Jun-30-2009May-31-2009Apr-30-2009Mar-31-2009Feb-28-2009Jan-31-2009Dec-31-2008Nov-30-2008Oct-31-2008Sep-30-2008Aug-31-2008Jul-31-2008Jun-30-2008May-31-2008Apr-30-2008Mar-31-2008Feb-29-2008Jan-31-2008Dec-31-2007Nov-30-2007Oct-31-2007Sep-30-2007Aug-31-2007Jul-31-2007Jun-30-2007May-31-2007Apr-30-2007Mar-31-2007Feb-28-2007Jan-31-2007Dec-31-2006Nov-30-2006Oct-31-2006Sep-30-2006Aug-31-2006Jul-31-2006Jun-30-2006May-31-2006Apr-30-2006Mar-31-2006Feb-28-2006Jan-31-2006Dec-31-2005Nov-30-2005Oct-31-2005Sep-30-2005Aug-31-2005Jul-31-2005Jun-30-2005May-31-2005Apr-30-2005Mar-31-2005Feb-28-2005Jan-31-2005Dec-31-2004Nov-30-2004Oct-31-2004Sep-30-2004Aug-31-2004Jul-31-2004Jun-30-2004May-31-2004Apr-30-2004Mar-31-2004Feb-29-2004Jan-31-2004Dec-31-2003Nov-30-2003Oct-31-2003Sep-30-2003Aug-31-2003Jul-31-2003Jun-30-2003May-31-2003Apr-30-2003Mar-31-2003Feb-28-2003Jan-31-2003Dec-31-2002Nov-30-2002Oct-31-2002Sep-30-2002Aug-31-2002Jul-31-2002Jun-30-2002May-31-2002Apr-30-2002Mar-31-2002Feb-28-2002Jan-31-2002Dec-31-2001Nov-30-2001Oct-31-2001Sep-30-2001Aug-31-2001Jul-31-2001Jun-30-2001May-31-2001Apr-30-2001Mar-31-2001Feb-28-2001Jan-31-2001Dec-31-2000Nov-30-2000Oct-31-2000Sep-30-2000Aug-31-2000Jul-31-2000Jun-30-2000May-31-2000Apr-30-2000Mar-31-2000Feb-29-2000Jan-31-2000

Valuation Multiples

TEV/LTM Unlevered FCF

10.51

10.40

12.93

10.98

10.50

59.65

-

12.48

13.35

14.62

15.53

48.36

-

-

-

-

-

19.32

20.34

25.01

26.00

24.07

31.87

50.72

15.56

14.53

15.09

13.75

9.87

22.86

24.11

-

-

-

-

17.84

-

-

-

-

-

18.07

-

29.67

45.03

42.55

34.79

26.10

28.32

33.44

37.36

33.58

27.57

31.70

37.32

89.61

75.62

63.00

51.62

18.51

21.86

25.20

29.40

27.81

25.33

16.16

18.45

27.37

30.74

29.35

31.84

16.65

12.13

12.21

10.56

9.46

9.10

20.28

-

14.25

14.66

18.61

13.89

38.30

31.74

33.13

30.61

21.87

24.30

11.46

12.56

17.07

17.88

17.40

16.69

15.76

18.13

16.26

14.63

15.66

16.07

60.23

-

93.69

90.08

94.38

96.71

30.58

-

-

-

-

-

97.80

108.05

37.52

46.57

49.68

45.99

-

-

-

-

-

-

75.81

79.32

-

-

-

-

35.78

20.57

20.78

24.68

23.44

23.13

29.75

-

61.04

56.51

56.43

54.18

-

55.64

50.93

52.00

47.72

47.77

58.04

56.85

-

-

-

-

-

115.72

111.24

116.57

117.84

111.79

44.62

48.38

34.39

30.50

30.87

28.73

20.07

19.15

19.07

21.31

21.79

21.84

23.63

21.32

16.78

16.32

16.67

17.45

17.71

17.57

17.88

19.64

18.25

15.44

13.13

12.04

44.95

42.14

37.75

36.44

33.61

29.70

29.81

32.51

30.45

26.61

-

-

-

-

-

-

-

-

-

-

-

-

114.26

97.96

-

-

-

-

-

-

-

-

-

-

43.92

39.11

-

-

-

-

8.18

7.96

7.60

6.53

6.24

6.10

6.59

6.96

-

-

-

-

8.61

-

-

-

-

-

12.69

11.55

-

-

-

-

18.17

17.97

17.91

17.02

16.62

17.80

15.43

15.26

13.37

12.64

13.10

12.71

21.37

20.35

20.73

18.64

19.31

19.31

19.15

19.48

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Market Cap/LTM Levered FCF

15.41

15.30

17.84

15.88

15.40

85.76

-

17.93

18.80

20.07

20.98

66.28

-

-

-

-

-

27.23

28.25

31.46

32.46

30.52

38.34

62.16

19.14

18.10

18.66

17.33

13.44

30.13

31.39

-

-

-

-

23.94

-

-

-

-

-

24.43

-

37.46

52.90

50.42

42.61

32.41

36.04

41.19

45.12

41.33

35.29

40.45

46.11

107.76

93.61

80.86

69.35

26.21

31.53

34.88

39.10

37.50

35.01

22.52

24.82

36.92

40.31

38.92

41.42

22.12

17.57

17.65

16.00

14.90

14.54

29.62

-

18.81

19.21

23.17

18.45

47.43

40.42

41.82

39.28

30.49

32.93

16.52

17.62

21.67

22.48

22.00

21.29

19.59

23.64

21.76

20.12

21.16

21.57

84.30

-

127.12

123.45

127.82

130.21

39.38

-

-

-

-

-

134.25

144.72

45.64

54.86

58.03

54.27

-

-

-

-

-

-

98.28

102.04

-

-

-

-

42.52

25.11

25.33

29.34

28.06

27.75

35.67

-

73.31

68.42

68.33

65.90

-

69.64

64.55

65.70

61.07

61.11

75.24

73.91

-

-

-

-

-

144.04

139.11

144.98

146.37

139.72

53.68

57.67

40.28

36.26

36.64

34.44

24.07

23.10

23.02

25.31

25.80

25.86

27.35

24.97

19.11

18.63

18.99

19.80

19.63

19.49

19.81

21.63

20.19

17.29

14.62

13.50

51.69

48.56

43.67

42.21

37.46

33.28

33.39

36.28

34.08

29.95

-

-

-

-

-

-

-

-

-

-

-

-

124.04

106.71

-

-

-

-

-

-

-

-

-

-

51.10

45.76

-

-

-

-

8.48

8.25

7.88

6.78

6.49

6.34

6.85

7.23

-

-

-

-

8.57

-

-

-

-

-

11.64

10.43

-

-

-

-

16.71

16.47

16.40

15.38

14.91

16.28

13.53

13.34

11.29

10.46

10.98

10.54

19.39

18.11

18.59

15.98

16.81

16.81

16.61

17.03

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

P/LTM Normalized EPS

19.31

18.93

22.50

19.29

19.86

25.21

17.78

20.11

20.97

22.24

22.84

21.78

21.53

19.09

22.45

22.11

25.41

25.83

26.34

29.37

29.92

28.32

35.17

39.49

43.45

42.35

43.28

40.92

30.88

36.76

37.77

41.55

44.23

36.75

34.94

34.55

46.05

43.01

44.85

38.62

41.57

33.01

35.34

36.60

49.91

50.59

42.09

48.06

58.74

69.08

74.94

69.49

59.11

55.63

62.29

90.07

75.06

70.03

61.55

38.65

44.27

47.33

57.22

52.90

49.79

43.69

48.91

49.10

52.98

50.75

53.25

41.08

43.29

44.78

41.08

41.40

40.23

42.29

40.65

48.57

49.90

57.54

47.24

47.56

63.55

64.44

59.56

46.85

48.26

34.93

37.91

41.67

42.98

44.16

43.53

44.83

30.11

26.23

24.71

25.81

26.15

28.15

24.12

24.62

24.17

25.16

26.46

26.40

33.88

33.22

42.32

41.90

44.79

28.60

32.15

33.84

38.51

40.68

40.39

40.12

38.10

40.43

40.85

42.29

44.51

39.99

42.55

46.70

44.53

44.82

41.48

40.75

44.09

43.04

49.53

49.19

47.99

43.39

44.82

51.39

48.13

46.88

45.14

36.09

45.14

41.66

42.54

40.54

38.96

35.70

34.69

38.06

36.84

40.69

39.40

35.69

35.55

35.55

36.48

35.29

33.89

35.57

37.92

45.25

41.09

41.59

37.71

35.71

37.75

37.81

42.98

44.46

43.77

47.21

43.20

42.30

42.25

42.13

44.49

45.34

42.96

44.93

49.93

45.40

37.04

40.51

36.92

44.39

40.59

35.81

33.33

33.65

28.52

29.80

32.41

33.41

27.12

25.67

33.10

30.22

28.39

35.44

39.69

47.59

47.80

55.66

54.22

54.84

56.80

59.70

57.38

48.49

50.45

50.99

36.86

39.20

39.74

44.40

39.15

29.00

32.28

33.66

29.82

34.10

33.14

34.86

34.10

47.21

44.59

43.93

35.85

35.41

33.44

36.50

37.59

40.12

39.65

38.93

40.60

39.05

31.24

32.36

29.20

28.64

26.96

27.68

25.37

29.47

29.25

31.59

26.07

45.58

50.06

48.48

47.95

45.84

53.22

36.09

34.51

31.06

28.77

27.75

25.97

38.98

35.38

37.84

29.71

29.14

28.76

26.49

25.92

39.18

32.22

33.25

28.36

23.92

22.36

21.84

20.80

24.70

21.84

21.58

23.40

25.73

30.99

31.58

26.02

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

P/LTM EPS

13.79

13.53

16.07

13.78

14.19

17.20

12.79

14.23

14.84

15.74

16.17

15.59

14.66

12.99

15.28

15.05

17.30

18.86

19.23

20.63

21.01

19.89

24.70

27.79

25.02

24.39

24.93

23.57

17.78

24.03

24.69

25.86

27.53

22.88

21.75

21.84

29.71

27.75

28.94

24.91

26.82

24.94

26.05

26.05

35.53

36.01

29.96

35.66

33.59

39.50

42.85

39.73

33.80

37.39

41.87

53.84

44.86

41.86

36.79

25.79

26.14

27.94

33.78

31.23

29.40

32.09

35.93

34.08

36.77

35.22

36.96

30.87

26.45

27.37

25.10

25.30

24.59

29.60

30.01

33.53

34.45

39.73

32.61

36.52

46.14

46.78

43.24

34.01

35.03

31.25

33.92

36.83

37.99

39.03

38.48

41.52

22.94

19.99

18.83

19.67

19.92

22.08

19.01

17.82

17.49

18.21

19.16

19.46

20.01

19.62

24.99

24.75

26.45

20.54

23.08

23.20

26.40

27.89

27.69

28.21

26.35

27.96

28.25

29.25

30.78

30.23

32.17

33.21

31.67

31.88

29.50

30.33

27.76

27.10

31.19

30.97

30.21

29.42

28.64

35.70

33.44

32.57

31.36

30.58

30.30

27.96

28.55

27.21

26.15

27.00

26.24

27.80

26.91

29.72

28.78

26.48

27.46

27.46

28.18

27.26

26.18

28.56

30.44

34.49

31.32

31.71

28.75

27.97

27.28

27.32

31.06

32.13

31.63

36.07

33.01

32.07

32.02

31.94

33.72

35.88

34.00

35.56

39.51

35.93

29.31

35.26

32.13

40.34

36.89

32.54

30.29

27.88

23.64

24.70

26.86

27.69

22.47

24.37

31.43

30.81

28.95

36.14

40.48

41.68

41.86

48.75

47.48

48.02

49.74

61.66

59.26

52.77

54.91

55.49

40.12

44.97

45.58

50.92

44.90

33.26

37.03

41.25

36.54

40.88

39.74

41.79

40.88

44.81

42.32

41.70

34.02

33.61

31.74

34.65

35.68

40.79

40.31

39.59

41.27

39.45

33.69

34.89

31.48

30.88

29.08

33.44

30.66

30.33

30.11

32.51

26.84

41.12

45.16

43.73

43.26

41.36

48.01

32.56

31.14

28.04

25.97

25.05

23.44

35.87

32.56

34.83

27.34

26.82

26.47

24.38

23.86

39.20

32.23

33.26

28.37

21.84

20.42

19.94

18.99

22.55

19.94

19.71

21.37

22.07

26.59

27.09

22.32

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

P/BV

2.02

1.98

2.35

2.01

2.07

2.72

2.02

2.16

2.26

2.39

2.46

2.43

2.27

2.02

2.37

2.33

2.68

3.05

3.11

3.09

3.15

2.98

3.70

4.06

3.68

3.58

3.66

3.46

2.61

3.54

3.64

3.50

3.73

3.10

2.95

3.01

3.62

3.38

3.52

3.03

3.26

3.12

3.26

3.25

4.43

4.49

3.74

3.84

3.57

4.20

4.56

4.23

3.59

3.86

4.32

4.36

3.63

3.39

2.98

2.49

2.51

2.68

3.24

2.99

2.82

2.96

3.32

2.84

3.06

2.93

3.08

2.44

2.12

2.19

2.01

2.02

1.97

2.35

2.38

2.54

2.61

3.01

2.47

2.69

2.79

2.83

2.62

2.06

2.12

2.06

2.24

2.37

2.45

2.51

2.48

2.65

2.42

2.11

1.99

2.07

2.10

2.06

1.77

1.81

1.78

1.85

1.95

2.03

1.88

1.85

2.35

2.33

2.49

2.29

2.58

2.81

3.19

3.37

3.35

3.65

3.36

3.57

3.61

3.73

3.93

4.05

4.31

4.71

4.49

4.52

4.18

4.27

4.37

4.27

4.91

4.88

4.76

4.69

4.57

4.95

4.64

4.52

4.35

4.31

4.28

3.95

4.04

3.85

3.70

4.03

3.91

4.32

4.18

4.61

4.47

4.14

4.21

4.21

4.32

4.18

4.01

4.68

4.99

5.63

5.11

5.18

4.69

4.43

4.41

4.42

5.02

5.20

5.12

6.02

5.51

5.14

5.13

5.12

5.41

6.60

6.26

6.54

7.27

6.61

5.39

5.26

4.79

4.89

4.48

3.95

3.67

3.19

2.70

2.82

3.07

3.16

2.57

2.74

3.53

3.59

3.38

4.21

4.72

5.16

5.18

6.03

5.88

5.94

6.16

6.79

6.53

4.45

4.63

4.68

3.38

3.53

3.58

4.00

3.53

2.61

2.91

2.86

2.54

2.45

2.38

2.50

2.45

3.12

2.94

2.90

2.37

2.34

2.21

2.41

2.48

2.00

1.98

1.94

2.02

1.94

2.61

2.71

2.44

2.39

2.25

2.52

2.31

2.19

2.17

2.34

1.93

2.97

3.26

3.16

3.12

2.98

3.46

2.35

2.25

2.18

2.01

1.94

1.82

1.77

1.61

1.72

1.35

1.32

1.31

1.20

1.18

1.36

1.12

1.15

0.98

0.80

0.75

0.73

0.70

0.83

0.73

0.72

0.78

0.94

1.13

1.15

0.95

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

P/Tangible BV

2.32

2.28

2.71

2.32

2.39

3.15

2.35

2.50

2.61

2.77

2.84

2.82

2.63

2.33

2.74

2.70

3.10

3.56

3.63

3.60

3.67

3.47

4.31

4.78

4.30

4.19

4.28

4.05

3.06

4.18

4.29

4.15

4.42

3.67

3.49

3.60

4.31

4.02

4.19

3.61

3.89

3.76

3.93

3.94

5.37

5.44

4.53

4.71

4.33

5.09

5.52

5.12

4.36

4.75

5.32

5.42

4.52

4.21

3.70

3.12

3.09

3.31

4.00

3.69

3.48

3.71

4.15

3.57

3.85

3.69

3.87

3.12

2.68

2.77

2.54

2.56

2.49

3.02

3.06

3.28

3.38

3.89

3.19

3.53

3.64

3.69

3.41

2.68

2.76

2.74

2.97

3.16

3.26

3.35

3.31

3.60

3.24

2.82

2.66

2.77

2.81

2.66

2.29

2.36

2.32

2.41

2.54

2.68

2.49

2.44

3.11

3.08

3.30

3.09

3.47

3.77

4.29

4.53

4.50

4.97

4.42

4.69

4.74

4.91

5.16

5.43

5.78

6.33

6.04

6.08

5.62

5.75

5.83

5.69

6.54

6.50

6.34

6.40

6.23

6.85

6.42

6.25

6.02

6.08

6.01

5.55

5.66

5.40

5.19

5.69

5.53

6.14

5.94

6.56

6.35

6.01

6.03

6.03

6.19

5.99

5.75

6.83

7.28

6.57

5.97

6.04

5.48

5.21

5.10

5.10

5.80

6.00

5.91

7.03

6.43

6.00

5.99

5.98

6.31

7.99

7.57

7.92

8.80

8.00

6.53

6.42

5.85

5.87

5.37

4.73

4.41

3.81

3.23

3.38

3.67

3.79

3.07

3.33

4.30

4.31

4.05

5.05

5.66

6.08

6.11

7.12

6.93

7.01

7.26

8.14

7.82

4.64

4.83

4.88

3.53

4.24

4.30

4.80

4.23

3.13

3.49

3.44

3.04

2.92

2.84

2.99

2.92

4.05

3.82

3.76

3.07

3.03

2.87

3.13

3.22

2.43

2.40

2.35

2.46

2.35

3.33

3.45

3.11

3.05

2.88

3.14

2.88

2.71

2.69

2.90

2.40

3.85

4.22

4.09

4.05

3.87

4.49

3.05

2.91

2.86

2.65

2.56

2.40

2.31

2.10

2.24

1.76

1.73

1.70

1.57

1.54

1.77

1.45

1.50

1.28

0.92

0.86

0.84

0.80

0.95

0.84

0.83

0.90

1.05

1.26

1.29

1.06

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

TEV/LTM Total Revenue

1.64

1.63

2.02

1.72

1.64

2.05

1.37

1.65

1.76

1.93

2.05

1.95

1.97

1.66

1.91

1.88

2.17

2.07

2.18

2.53

2.63

2.44

3.23

3.47

3.18

2.97

3.09

2.81

2.02

2.75

2.90

2.90

3.12

2.64

2.46

2.23

3.06

2.91

3.13

2.93

3.13

2.22

2.60

2.40

3.64

3.44

2.81

2.85

2.75

3.24

3.62

3.26

2.67

2.70

3.18

3.23

2.72

2.27

1.86

1.38

1.36

1.57

1.83

1.73

1.58

1.54

1.76

1.54

1.73

1.65

1.79

1.48

1.22

1.22

1.06

0.95

0.91

1.14

1.14

1.44

1.49

1.89

1.41

1.60

1.55

1.62

1.50

1.07

1.19

1.02

1.12

1.30

1.37

1.33

1.28

1.36

1.24

1.11

1.00

1.07

1.10

1.08

0.96

0.97

0.93

0.98

1.00

1.03

0.88

0.89

1.18

1.15

1.26

1.05

1.16

1.38

1.71

1.83

1.69

1.75

1.47

1.55

1.58

1.56

1.60

1.55

1.62

1.92

1.80

1.87

1.73

1.70

1.75

1.77

2.10

1.99

1.96

1.91

1.80

2.03

1.88

1.88

1.80

1.83

1.69

1.55

1.58

1.45

1.45

1.60

1.57

1.89

1.91

2.00

1.89

1.77

1.80

1.73

1.81

1.83

1.74

1.88

2.03

2.28

2.02

2.04

1.90

1.84

1.87

1.86

2.08

2.13

2.14

2.52

2.27

2.23

2.17

2.22

2.32

2.44

2.42

2.46

2.71

2.51

2.13

1.93

1.77

2.00

1.88

1.68

1.62

1.42

1.26

1.26

1.38

1.29

1.13

1.25

1.57

1.78

1.57

1.95

2.17

2.42

2.87

3.11

3.21

2.91

3.16

3.60

3.08

2.55

2.38

2.35

1.73

1.74

1.78

1.86

1.54

1.14

1.20

1.24

1.11

1.21

1.26

1.31

1.13

1.56

1.51

1.45

1.24

1.19

1.16

1.26

1.33

1.00

0.99

0.97

1.00

1.14

1.27

1.28

1.25

1.22

1.25

1.34

1.22

1.32

1.28

1.34

1.32

1.59

1.57

1.56

1.49

1.45

1.55

1.35

1.33

1.43

1.36

1.41

1.36

1.57

1.50

1.52

1.37

1.42

1.42

1.41

1.43

1.75

1.67

1.57

1.57

1.62

1.58

1.56

1.61

1.69

1.59

1.67

1.74

2.02

2.22

2.27

2.11

3.31

3.10

3.37

3.31

3.36

3.14

3.13

3.40

3.40

3.01

2.87

2.89

-

-

-

Market Cap/LTM Total Revenue

2.40

2.38

2.78

2.48

2.40

2.91

2.18

2.36

2.48

2.64

2.76

2.66

2.60

2.28

2.54

2.51

2.80

2.91

3.02

3.18

3.28

3.08

3.87

4.23

3.91

3.70

3.81

3.54

2.74

3.61

3.77

3.50

3.72

3.24

3.05

2.97

3.62

3.46

3.68

3.49

3.69

2.98

3.16

3.01

4.25

4.05

3.43

3.53

3.48

3.98

4.36

3.99

3.41

3.43

3.91

3.84

3.33

2.88

2.47

1.94

1.95

2.16

2.42

2.32

2.17

2.14

2.36

2.06

2.25

2.17

2.31

1.96

1.76

1.76

1.60

1.49

1.45

1.65

1.66

1.90

1.94

2.34

1.87

1.97

1.96

2.03

1.91

1.48

1.60

1.47

1.57

1.65

1.71

1.67

1.62

1.69

1.61

1.48

1.37

1.44

1.47

1.48

1.33

1.29

1.25

1.30

1.32

1.31

1.20

1.21

1.50

1.47

1.58

1.41

1.51

1.65

1.98

2.09

1.96

1.96

1.77

1.85

1.88

1.86

1.91

1.87

1.94

2.14

2.03

2.09

1.95

1.94

2.08

2.09

2.42

2.32

2.29

2.21

2.12

2.26

2.11

2.10

2.03

2.01

1.95

1.81

1.84

1.71

1.71

1.87

1.84

2.09

2.12

2.20

2.10

1.94

2.04

1.97

2.05

2.07

1.98

2.13

2.28

2.58

2.33

2.35

2.21

2.14

2.21

2.20

2.42

2.47

2.47

2.84

2.59

2.48

2.42

2.46

2.57

2.62

2.60

2.64

2.89

2.69

2.31

2.10

1.94

2.07

1.94

1.75

1.69

1.48

1.31

1.32

1.43

1.34

1.18

1.28

1.60

1.79

1.58

1.96

2.18

2.45

2.90

3.14

3.24

2.94

3.19

3.67

3.16

2.61

2.44

2.41

1.80

1.80

1.84

1.92

1.60

1.19

1.26

1.30

1.16

1.18

1.23

1.28

1.10

1.57

1.53

1.46

1.26

1.20

1.18

1.27

1.34

0.96

0.96

0.94

0.97

1.11

1.07

1.08

1.05

1.02

1.05

1.16

1.04

1.08

1.04

1.10

1.08

1.26

1.24

1.24

1.16

1.13

1.23

1.02

1.01

1.06

0.98

1.03

0.99

1.14

1.06

1.09

0.94

0.99

0.99

0.98

1.00

1.19

1.12

1.01

1.01

1.09

1.05

1.03

1.08

1.16

1.06

1.14

1.21

1.35

1.55

1.60

1.44

2.68

2.47

2.74

2.68

2.73

2.50

2.50

2.77

2.77

2.38

2.23

2.26

-

-

-

TEV/LTM EBITDA

9.38

9.28

11.53

9.80

9.37

12.10

7.77

9.93

10.62

11.62

12.35

12.17

12.81

10.76

12.42

12.24

14.12

12.86

13.54

16.90

17.58

16.27

21.54

23.61

25.12

23.45

24.35

22.20

15.92

19.55

20.62

22.27

23.95

20.28

18.88

16.95

24.66

23.45

25.22

23.67

25.25

16.31

19.64

18.79

28.51

26.95

22.03

23.28

27.84

32.87

36.72

33.01

27.10

25.50

30.02

39.73

33.53

27.94

22.89

14.52

14.97

17.25

20.13

19.04

17.34

15.24

17.40

16.85

18.92

18.07

19.60

15.80

13.88

13.97

12.09

10.83

10.42

12.55

12.16

16.24

16.70

21.20

15.83

17.35

14.56

15.20

14.05

10.04

11.15

10.60

11.62

13.97

14.63

14.24

13.66

15.12

15.23

13.66

12.29

13.16

13.50

14.04

12.65

12.67

12.19

12.77

13.08

14.00

10.41

10.54

14.02

13.62

14.97

11.00

12.15

13.77

17.09

18.23

16.88

17.95

14.73

15.54

15.83

15.63

16.12

16.12

16.87

20.57

19.39

20.04

18.54

17.48

16.42

16.58

19.70

18.71

18.46

17.91

17.21

18.53

17.16

17.13

16.45

17.83

15.51

14.20

14.49

13.30

13.31

13.67

13.39

15.58

15.78

16.50

15.63

14.56

14.52

13.95

14.62

14.78

14.02

14.53

15.75

17.67

15.68

15.86

14.76

14.28

14.53

14.46

16.16

16.53

16.57

19.34

17.45

17.59

17.10

17.47

18.29

18.21

18.06

18.38

20.20

18.76

15.88

16.60

15.22

17.98

16.86

15.10

14.58

-

-

-

-

-

-

11.72

14.71

-

-

-

-

19.69

23.31

25.30

26.11

23.67

25.66

29.60

25.38

22.39

20.93

20.63

15.24

14.74

15.04

15.72

13.03

9.63

10.15

10.63

9.47

9.82

10.23

10.61

9.16

10.92

10.63

10.15

8.72

8.33

8.14

8.81

9.30

7.94

7.90

7.73

7.98

8.10

9.36

9.41

9.18

9.01

9.23

9.43

8.59

9.78

9.49

9.95

9.78

12.49

12.35

12.30

11.70

11.42

12.23

10.60

10.49

10.56

9.98

10.34

10.04

10.79

10.28

10.47

9.42

9.75

9.75

9.67

9.84

12.78

12.23

11.49

11.48

13.41

13.07

12.89

13.32

13.95

13.16

13.80

14.40

16.86

18.57

18.99

17.59

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

TEV/LTM EBIT

11.68

11.55

14.36

12.20

11.66

15.14

9.53

12.33

13.19

14.44

15.34

15.15

15.83

13.30

15.36

15.13

17.45

15.87

16.70

21.19

22.03

20.39

27.00

30.18

33.52

31.29

32.50

29.62

21.25

25.64

27.04

30.35

32.64

27.64

25.72

23.21

35.09

33.36

35.88

33.67

35.93

22.09

26.79

26.28

39.89

37.70

30.82

34.47

45.42

53.63

59.92

53.86

44.22

40.51

47.70

79.68

67.24

56.03

45.90

24.52

25.70

29.62

34.56

32.69

29.77

24.65

28.15

29.81

33.48

31.98

34.69

28.30

26.86

27.04

23.39

20.96

20.16

23.31

22.09

31.10

31.97

40.60

30.30

32.47

26.52

27.68

25.57

18.27

20.30

20.00

21.92

26.89

28.17

27.41

26.29

29.17

27.81

24.94

22.44

24.03

24.66

27.40

24.03

23.35

22.45

23.52

24.10

26.38

17.67

17.89

23.81

23.13

25.41

17.06

18.85

20.34

25.25

26.93

24.93

26.66

21.23

22.40

22.82

22.53

23.23

23.13

24.20

30.47

28.72

29.68

27.46

25.69

24.01

24.25

28.80

27.36

26.99

25.68

24.35

26.54

24.57

24.53

23.55

24.18

21.64

19.81

20.23

18.56

18.58

18.94

18.55

20.92

21.20

22.16

20.99

19.33

18.15

17.44

18.28

18.48

17.53

18.35

19.90

22.28

19.76

20.00

18.61

18.24

18.45

18.37

20.53

20.99

21.05

24.98

22.53

22.94

22.30

22.78

23.85

23.96

23.76

24.18

26.58

24.69

20.89

22.83

20.94

25.97

24.35

21.81

21.06

20.82

18.40

18.47

20.14

18.87

16.48

17.76

22.29

23.24

20.48

25.44

28.33

29.59

35.03

38.03

39.25

35.58

38.57

46.50

39.87

37.62

35.17

34.68

25.61

27.02

27.57

28.81

23.88

17.64

18.60

19.23

17.13

18.12

18.87

19.58

16.90

21.57

20.98

20.03

17.21

16.44

16.07

17.38

18.36

16.10

16.02

15.67

16.18

16.46

18.28

18.36

17.92

17.59

18.02

17.77

16.17

20.20

19.60

20.55

20.21

26.71

26.41

26.32

25.02

24.43

26.16

22.67

22.43

21.48

20.31

21.05

20.42

29.90

28.47

29.00

26.09

27.02

27.02

26.80

27.26

49.01

46.92

44.05

44.03

33.37

32.53

32.07

33.14

34.73

32.74

34.34

35.84

40.65

44.78

45.78

42.40

41.56

38.94

42.25

41.54

42.10

39.34

39.26

42.68

42.69

37.80

35.94

36.23

-

-

-

Margin Analysis

Gross Margin

40.13

40.13

40.13

40.13

40.13

39.80

39.80

39.01

39.01

39.01

39.01

38.37

38.18

38.18

38.18

37.38

37.38

37.38

36.79

36.79

36.79

36.58

36.58

36.58

36.58

36.58

36.58

36.57

36.57

36.57

36.29

36.29

36.29

36.41

36.41

36.41

32.10

32.10

32.10

33.33

33.33

33.33

35.01

35.01

35.01

35.09

35.09

35.09

40.39

40.39

40.39

39.73

39.73

39.73

38.87

38.87

38.87

38.82

38.82

38.82

38.48

38.48

38.48

38.10

38.10

38.10

37.76

37.76

37.76

37.56

37.56

37.56

37.62

37.62

37.62

38.94

38.94

38.94

39.94

39.94

39.94

40.43

40.43

40.43

41.04

41.04

41.04

42.05

42.05

42.05

41.40

41.40

41.40

41.44

41.44

41.44

41.30

41.30

41.30

38.73

38.73

38.73

38.11

38.11

38.11

37.72

37.72

37.72

37.48

37.48

37.48

37.58

37.58

37.58

38.17

38.17

38.17

38.38

38.38

38.38

38.72

38.72

38.72

39.23

39.23

39.23

39.68

39.68

39.68

39.89

39.89

39.89

40.23

40.23

40.23

40.77

40.77

40.77

40.61

40.61

40.61

40.14

40.14

40.14

40.38

40.38

40.38

40.52

40.52

40.52

40.89

40.89

40.89

41.93

41.93

41.93

42.54

42.54

42.54

42.89

42.89

42.89

43.45

43.45

43.45

43.39

43.39

43.39

43.40

43.40

43.40

43.75

43.75

43.75

43.57

43.57

43.57

42.80

42.80

42.80

42.45

42.45

42.45

41.33

41.33

41.33

40.19

40.19

40.19

40.19

40.19

40.57

40.74

40.74

40.74

40.74

40.74

41.35

41.61

41.61

41.61

41.61

41.61

41.45

42.14

42.14

42.14

42.14

42.14

41.67

41.84

41.84

41.84

41.84

41.84

40.39

41.35

41.35

41.35

41.35

41.35

40.82

40.98

40.98

40.98

40.98

40.98

40.68

40.84

40.84

40.84

44.33

44.33

44.33

30.70

30.70

30.70

30.70

30.70

41.68

42.28

42.28

42.28

42.28

42.28

31.47

42.54

42.54

42.54

42.54

42.54

35.56

42.51

42.51

42.51

41.50

41.50

41.50

41.21

41.21

41.21

41.50

41.50

41.50

41.40

41.40

41.40

41.29

41.29

41.29

40.82

40.82

40.82

40.27

40.27

40.27

40.18

40.18

40.18

40.08

40.08

40.08

40.21

40.21

40.21

40.38

40.38

40.38

40.08

40.08

40.08

40.08

40.08

40.08

40.06

40.06

40.06

40.03

40.03

40.03

40.03

40.03

SG&A Margin

18.83

18.83

18.83

18.83

18.83

18.34

18.34

17.99

17.99

17.99

17.99

18.15

17.08

17.08

17.08

16.89

16.89

16.89

17.10

17.10

17.10

17.46

17.46

17.46

18.20

18.20

18.20

18.27

18.27

18.27

18.63

18.63

18.63

18.99

18.99

18.99

14.29

14.29

14.29

15.49

15.49

15.49

17.57

17.57

17.57

18.75

18.75

18.75

24.58

24.58

24.58

24.90

24.90

24.90

26.12

26.12

26.12

24.89

24.89

24.89

23.62

23.62

23.62

23.41

23.41

23.41

23.52

23.52

23.52

23.49

23.49

23.49

23.64

23.64

23.64

25.21

25.21

25.21

26.21

26.21

26.21

26.58

26.58

26.58

25.76

25.76

25.76

27.63

27.63

27.63

27.44

27.44

27.44

28.01

28.01

28.01

28.28

28.28

28.28

26.72

26.72

26.72

26.02

26.02

26.02

25.87

25.87

25.87

25.09

25.09

25.09

24.03

24.03

24.03

23.90

23.90

23.90

24.34

24.34

24.34

24.36

24.36

24.36

24.90

24.90

24.90

25.77

25.77

25.77

25.43

25.43

25.43

25.05

25.05

25.05

25.40

25.40

25.40

24.42

24.42

24.42

24.05

24.05

24.05

23.53

23.53

23.53

22.88

22.88

22.88

22.61

22.61

22.61

23.55

23.55

23.55

23.39

23.39

23.39

23.53

23.53

23.53

24.38

24.38

24.38

24.42

24.42

24.42

24.32

24.32

24.32

24.36

24.36

24.36

24.70

24.70

24.70

24.18

24.18

24.18

23.56

23.56

23.56

24.06

24.06

24.06

23.64

23.64

23.64

23.64

23.64

24.18

24.95

24.95

24.95

24.95

24.95

25.07

24.43

24.43

24.43

24.43

24.43

24.21

24.33

24.33

24.33

24.33

24.33

24.23

25.33

25.33