pww.comSwire Pacific Limited - SEHK:19

Profile

Price

HKD$ 67.2

()

Market Cap

HKD$ 85.204B

Shares Out

1267.917 M

Employees

78000

Dividends

Yield

17.06 %

Payout (TTM)

57.01 %

DPS (TTM)

3.25

DPS Growth 3Yr

374.24 %

DPS Growth 5Yr

384.54 %

DPS Growth 10Yr

218.45 %

FinancialHealth

Cash

-

Net Debt

HKD$ 63.065B

Debt/Equity (TTM)

32.82 %

Returns(TTM)

ROA

6.26 %

ROE

10.7 %

ROCE

2.44 %

Valuation(TTM)

P/E

3.364

P/B

0.362

P/FCF

15.188 %

Margins(TTM)

Gross

37.4 %

Operating

12.05 %

Pre-Tax

34.28 %

Net

34.46 %

FCFPS

3.925 %

Growth(CAGR)

RevPS 3Yr

0.231 %

RevPS 5Yr

0.164 %

RevPS 10Yr

0.919 %

NetIncomePS 3Yr

3.97 %

NetIncomePS 5Yr

0.269 %

NetIncomePS 10Yr

1.26 %

  • Last Price

    HKD$ 67.2

  • 5D

    0.074%

  • 1M

    -3.656%

  • 3M

    2.050%

  • 1Y

    10.435%

Swire Pacific Limited shows strong bullish indicators, including a significant recovery in its aviation sector, a 284% increase in recurring profits, and a strategic asset sale of Swire Coca-Cola USA, which enhances shareholder value and strengthens its balance sheet. The company also maintains a progressive dividend policy and is expanding its property portfolio in key markets. However, bearish concerns include macroeconomic uncertainties, a declining office market in Hong Kong, operational challenges in certain regions, and potential delays in share buybacks. Overall, Swire Pacific's diversified portfolio and proactive management suggest resilience despite these challenges.

Valuation And Growth

Segments

Guidance and Outlook

Bulls - Bears Say

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

16.22

16.21

16.47

15.91

16.04

16.15

16.10

18.56

18.79

18.73

18.71

18.93

108.82

105.57

109.66

100.26

99.52

101.51

109.34

47.48

46.15

43.62

46.62

40.55

247.12

259.29

255.01

241.98

227.49

240.32

236.17

38.62

39.37

39.61

38.70

31.43

11.44

11.76

11.58

11.45

11.98

11.71

12.28

20.62

21.40

22.22

22.93

28.53

31.95

30.11

28.94

29.39

27.28

27.63

28.71

8.19

8.40

8.33

9.01

9.02

10.41

10.36

10.62

10.49

10.71

10.61

10.87

105.01

108.54

107.28

110.81

91.09

-

-

-

-

-

-

-

41.98

41.59

40.97

40.46

41.09

19.92

19.81

19.03

19.39

19.74

19.66

19.90

36.84

36.50

36.60

36.08

49.49

56.97

56.42

54.98

55.94

57.39

58.48

59.15

39.05

37.89

37.19

37.32

39.00

37.33

37.06

40.01

39.61

40.94

39.95

39.61

67.18

66.71

69.62

69.70

74.09

101.02

99.61

97.94

101.07

98.57

97.87

100.04

71.24

69.35

68.14

67.18

62.80

65.77

64.47

67.74

68.58

67.35

68.74

67.41

-

-

-

-

-

-

-

-

-

-

-

-

112.82

110.24

104.98

111.19

77.98

55.31

54.19

57.91

57.35

56.73

52.28

63.08

181.30

186.77

192.20

190.79

184.60

115.36

126.30

129.83

123.65

116.49

113.96

103.24

33.16

31.70

30.70

31.49

-

85.42

83.58

89.89

86.30

91.86

88.34

80.68

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

126.21

121.45

122.69

124.69

-

174.09

175.61

164.86

161.79

160.24

157.84

163.43

-

-

-

-

-

-

-

-

-

-

-

-

159.56

149.13

145.88

142.18

33.18

33.86

32.75

34.09

32.55

29.46

28.91

29.34

35.83

34.99

34.82

34.76

35.87

174.33

171.32

158.60

151.32

153.14

148.37

143.54

126.74

122.17

119.89

114.04

34.40

35.71

35.16

33.55

35.12

35.20

33.94

56.32

56.00

60.85

64.06

67.63

18.52

18.46

18.44

18.51

17.18

15.58

14.42

17.21

15.15

14.86

15.40

15.54

16.58

-

-

-

-

-

-

-

53.48

50.69

50.16

48.75

45.84

-

-

Market Cap/LTM Levered FCF

7.44

7.43

7.73

7.08

7.23

7.36

7.30

9.05

9.32

9.25

9.23

9.21

126.41

116.90

128.89

101.33

99.17

105.00

127.94

25.63

23.90

20.63

24.50

20.29

-

-

-

-

-

-

-

20.04

21.08

21.40

20.16

15.78

4.71

5.06

4.86

4.72

5.31

5.00

5.63

9.84

10.77

11.75

12.60

15.95

17.50

15.07

13.53

14.13

11.34

11.80

13.23

2.98

3.20

3.13

3.86

3.78

5.22

5.18

5.45

5.31

5.55

5.45

5.72

153.85

163.97

160.34

170.47

104.95

-

-

-

-

-

-

-

26.71

26.21

25.38

24.72

25.36

10.90

10.77

9.89

10.30

10.69

10.60

10.98

23.81

23.37

23.50

22.83

35.46

44.78

43.94

41.72

43.20

45.43

47.11

48.15

28.09

26.58

25.68

25.84

27.31

24.78

24.43

28.28

27.76

29.49

28.20

27.75

61.76

61.01

65.58

65.71

72.50

124.66

121.77

118.35

124.76

119.64

118.20

122.64

67.43

64.50

62.62

61.13

55.16

58.91

56.94

61.90

63.17

61.31

63.42

61.40

-

-

-

-

-

-

-

-

-

-

-

-

190.35

184.70

173.21

186.80

97.81

54.74

53.20

58.29

57.53

56.68

50.58

65.36

-

-

-

-

-

165.30

185.27

191.72

180.43

167.36

162.73

143.15

30.90

29.21

28.06

28.97

-

113.98

110.87

121.53

115.47

124.87

118.92

105.97

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

170.15

163.12

164.95

167.91

-

277.47

280.14

261.31

255.94

253.21

249.01

258.81

-

-

-

-

-

-

-

-

-

-

-

-

232.01

214.78

209.42

203.30

36.27

37.12

35.73

37.40

35.48

31.62

30.93

31.47

34.64

33.66

33.46

33.39

34.68

-

-

-

-

-

-

-

-

-

299.49

278.85

30.26

31.90

31.21

29.20

31.16

31.26

29.68

55.65

55.20

62.07

66.62

71.68

14.63

14.56

14.54

14.62

13.16

11.41

10.14

13.20

11.75

11.43

12.02

12.16

13.29

-

-

-

-

-

-

-

76.43

71.17

70.18

67.53

62.05

-

-

P/LTM Normalized EPS

14.21

14.21

14.85

13.51

13.78

14.00

13.96

13.09

13.41

13.21

12.93

12.54

15.48

14.43

15.77

12.09

11.95

12.61

15.43

32.13

29.70

25.87

30.72

30.05

24.25

27.20

26.03

23.13

19.68

22.26

20.59

15.08

15.79

16.12

15.17

12.93

-

-

-

-

-

-

-

-

-

-

-

-

40.34

34.45

30.51

31.58

25.05

26.40

29.94

13.52

14.49

14.18

17.95

18.97

23.04

22.60

23.76

23.12

24.52

23.94

25.19

73.47

78.63

76.01

81.33

65.54

-

-

-

-

-

-

-

-

-

-

-

-

96.77

95.60

88.40

91.76

94.14

92.61

88.59

40.68

39.82

40.05

39.11

91.45

29.00

28.76

26.91

28.07

29.31

30.36

31.14

30.34

28.67

27.43

27.61

28.10

19.14

18.94

22.02

21.36

22.72

21.83

21.47

23.64

23.18

24.81

24.96

25.44

27.28

26.79

25.99

27.43

26.17

25.73

26.84

31.85

30.40

29.36

28.52

28.46

30.01

28.85

31.30

32.28

30.83

31.99

30.61

42.74

43.87

46.11

46.08

45.43

44.13

43.88

42.25

41.88

40.53

41.88

40.40

22.43

21.62

20.18

22.09

19.56

16.93

16.55

17.99

17.77

17.38

15.45

19.94

20.86

21.72

22.78

22.53

21.66

27.66

31.17

32.49

30.40

27.96

27.18

23.83

25.62

24.16

23.33

23.87

24.88

38.93

38.12

42.23

39.96

43.13

40.93

36.32

57.05

51.25

50.79

39.88

32.66

13.45

14.23

14.89

14.51

14.93

18.81

21.90

21.73

20.64

23.05

23.59

19.90

26.86

31.54

31.99

31.18

32.70

28.05

25.65

29.71

28.91

29.24

29.85

23.92

33.64

34.12

31.80

31.28

31.27

30.98

32.39

33.58

33.35

30.61

33.00

23.47

23.00

22.32

21.50

21.75

21.47

22.07

22.82

24.71

22.86

22.11

21.62

20.83

21.50

20.66

21.93

21.08

18.55

18.30

18.64

22.89

22.23

22.45

22.45

23.22

29.93

29.65

26.30

25.26

26.03

25.09

24.05

15.12

14.32

14.03

12.98

15.66

16.72

16.42

15.10

16.21

16.62

15.61

19.46

19.41

22.00

23.65

25.75

25.73

25.85

25.61

25.92

23.11

19.88

17.90

23.11

24.18

23.43

24.71

24.94

28.01

24.25

26.18

25.50

22.67

21.81

22.03

24.25

26.36

24.04

23.73

23.20

21.20

29.93

30.25

P/LTM EPS

3.39

3.39

3.54

3.22

3.29

3.34

3.33

3.37

3.46

3.40

3.33

3.23

14.47

13.49

14.74

11.30

11.17

11.78

14.42

25.30

23.39

20.37

24.19

23.49

13.36

14.99

14.35

12.75

10.85

12.27

11.35

13.51

14.14

14.43

13.58

14.49

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6.39

6.85

6.70

8.49

8.33

5.83

5.72

6.02

5.86

6.21

6.06

6.38

5.70

6.10

5.90

6.31

6.42

5.11

5.08

4.53

4.74

4.45

4.70

4.86

4.91

4.79

4.67

4.50

4.56

7.12

7.04

6.51

6.76

6.93

6.82

7.17

12.15

11.89

11.96

11.68

12.10

11.42

11.33

10.60

11.05

11.54

11.95

12.26

10.39

9.81

9.39

9.45

9.35

9.08

8.98

10.44

10.13

10.78

10.35

10.19

13.50

13.25

14.18

14.26

14.37

12.11

11.90

11.54

12.18

11.62

11.43

11.92

11.31

10.80

10.43

10.13

10.24

8.37

8.05

8.73

9.00

8.60

8.92

8.54

7.87

8.08

8.49

8.49

8.52

9.02

8.97

8.64

8.56

8.28

8.56

8.26

4.35

4.19

3.91

4.28

4.07

2.79

2.73

2.97

2.93

2.86

2.55

3.29

4.32

4.50

4.72

4.67

4.48

5.34

6.02

6.28

5.87

5.40

5.25

4.60

7.13

6.72

6.49

6.64

7.06

-

-

-

-

-

-

-

22.30

20.03

19.85

15.59

13.24

2.79

2.96

3.09

3.02

3.10

3.91

4.55

4.86

4.62

5.16

5.28

5.09

5.08

5.97

6.06

5.90

6.19

5.31

4.86

6.06

5.90

5.96

6.09

5.95

7.00

7.09

6.61

6.51

6.50

6.44

6.73

6.59

6.54

6.00

6.47

10.70

10.49

10.18

9.81

9.92

9.79

10.07

10.41

17.38

16.09

15.56

15.21

14.14

14.60

14.02

14.88

14.31

12.59

12.42

12.65

16.18

15.71

15.87

15.87

16.41

21.62

21.42

19.00

18.25

18.80

18.13

17.37

10.31

9.76

9.56

8.85

10.79

11.53

11.32

10.41

11.18

11.46

10.76

13.30

13.27

15.04

16.17

17.60

17.68

17.76

17.59

17.80

15.88

13.66

12.29

15.88

16.64

16.12

17.00

17.16

19.27

15.94

17.21

16.76

14.90

14.33

14.48

15.94

17.50

15.96

15.75

15.40

14.07

36.78

37.17

P/BV

0.36

0.36

0.37

0.34

0.35

0.35

0.35

0.36

0.37

0.37

0.36

0.35

0.36

0.34

0.37

0.29

0.28

0.30

0.36

0.37

0.34

0.29

0.35

0.34

0.36

0.41

0.39

0.35

0.30

0.33

0.31

0.25

0.26

0.27

0.25

0.27

0.25

0.27

0.25

0.25

0.28

0.26

0.30

0.28

0.30

0.33

0.36

0.33

0.33

0.28

0.25

0.26

0.20

0.21

0.24

0.21

0.23

0.22

0.28

0.27

0.38

0.38

0.40

0.39

0.41

0.40

0.42

0.50

0.53

0.52

0.55

0.56

0.53

0.52

0.47

0.49

0.46

0.48

0.50

0.50

0.49

0.48

0.46

0.47

0.50

0.50

0.46

0.48

0.49

0.48

0.51

0.52

0.51

0.51

0.50

0.52

0.54

0.54

0.50

0.53

0.55

0.57

0.58

0.64

0.60

0.58

0.58

0.57

0.51

0.51

0.59

0.57

0.61

0.58

0.57

0.68

0.67

0.72

0.72

0.73

0.72

0.71

0.69

0.72

0.69

0.68

0.71

0.68

0.65

0.63

0.61

0.62

0.62

0.59

0.64

0.66

0.63

0.66

0.63

0.66

0.67

0.71

0.71

0.71

0.75

0.75

0.72

0.71

0.69

0.71

0.69

0.62

0.59

0.55

0.61

0.58

0.59

0.58

0.63

0.62

0.60

0.54

0.69

0.81

0.84

0.88

0.87

0.84

1.00

1.13

1.17

1.10

1.01

0.98

0.86

0.93

0.88

0.85

0.87

0.92

0.96

0.94

1.04

0.98

1.06

1.01

0.89

0.97

0.87

0.86

0.68

0.57

0.50

0.53

0.56

0.54

0.56

0.70

0.82

0.94

0.89

1.00

1.02

0.98

1.12

1.31

1.33

1.30

1.36

1.17

1.07

1.19

1.16

1.18

1.20

1.17

1.34

1.36

1.27

1.25

1.25

1.24

1.29

1.30

1.29

1.19

1.28

1.37

1.34

1.31

1.26

1.27

1.26

1.29

1.33

1.31

1.21

1.17

1.14

1.35

1.40

1.34

1.43

1.37

1.21

1.19

1.21

1.17

1.14

1.15

1.15

1.19

1.22

1.21

1.07

1.03

1.06

1.02

0.98

0.80

0.75

0.74

0.68

0.65

0.70

0.68

0.63

0.68

0.69

0.65

0.75

0.75

0.85

0.91

0.99

0.83

0.83

0.83

0.84

0.75

0.64

0.58

0.75

0.85

0.82

0.87

0.88

0.99

1.18

1.27

1.24

1.10

1.06

1.07

1.18

1.13

1.03

1.02

1.00

0.91

-

-

P/Tangible BV

0.38

0.38

0.40

0.36

0.37

0.38

0.38

0.39

0.40

0.39

0.38

0.37

0.39

0.37

0.40

0.31

0.30

0.32

0.39

0.39

0.36

0.31

0.37

0.36

0.38

0.43

0.41

0.36

0.31

0.35

0.32

0.26

0.28

0.28

0.27

0.28

0.26

0.28

0.27

0.26

0.29

0.28

0.32

0.29

0.32

0.35

0.38

0.35

0.34

0.29

0.26

0.27

0.21

0.23

0.26

0.22

0.24

0.23

0.29

0.29

0.40

0.40

0.42

0.41

0.43

0.42

0.44

0.52

0.56

0.54

0.58

0.59

0.55

0.55

0.49

0.51

0.48

0.51

0.53

0.53

0.52

0.51

0.49

0.50

0.54

0.53

0.49

0.51

0.52

0.51

0.54

0.54

0.53

0.53

0.52

0.54

0.56

0.56

0.52

0.54

0.57

0.59

0.60

0.66

0.62

0.60

0.60

0.60

0.53

0.52

0.61

0.59

0.63

0.60

0.59

0.71

0.69

0.74

0.75

0.75

0.74

0.73

0.71

0.75

0.71

0.70

0.73

0.70

0.67

0.64

0.62

0.63

0.63

0.61

0.66

0.68

0.65

0.67

0.64

0.67

0.69

0.72

0.72

0.73

0.77

0.76

0.74

0.73

0.71

0.73

0.70

0.63

0.60

0.56

0.62

0.59

0.60

0.59

0.64

0.63

0.62

0.55

0.71

0.83

0.86

0.90

0.89

0.86

1.02

1.15

1.20

1.12

1.03

1.00

0.88

0.94

0.88

0.85

0.87

0.93

0.96

0.94

1.04

0.99

1.07

1.01

0.90

0.97

0.87

0.87

0.68

0.58

0.51

0.53

0.56

0.54

0.56

0.71

0.82

0.95

0.90

1.00

1.03

0.99

1.12

1.32

1.34

1.30

1.37

1.17

1.07

1.20

1.17

1.18

1.21

1.18

1.35

1.37

1.28

1.26

1.26

1.24

1.30

1.30

1.29

1.19

1.28

1.38

1.36

1.32

1.27

1.28

1.27

1.30

1.35

1.31

1.21

1.17

1.14

1.35

1.40

1.34

1.43

1.37

1.21

1.19

1.21

1.17

1.14

1.15

1.15

1.19

1.22

1.21

1.07

1.03

1.06

1.02

0.98

0.80

0.75

0.74

0.68

0.65

0.70

0.68

0.63

0.68

0.69

0.65

0.75

0.75

0.85

0.91

0.99

0.83

0.83

0.83

0.84

0.75

0.64

0.58

0.75

0.85

0.82

0.87

0.88

0.99

1.18

1.27

1.24

1.10

1.06

1.07

1.18

1.13

1.03

1.02

1.00

0.91

-

-

TEV/LTM Total Revenue

2.55

2.55

2.59

2.50

2.53

2.54

2.54

2.13

2.16

2.15

2.15

2.12

2.17

2.10

2.19

2.00

1.98

2.02

2.18

2.26

2.20

2.08

2.22

2.20

2.16

2.27

2.23

2.12

1.99

2.10

2.06

1.82

1.85

1.86

1.82

1.87

1.85

1.90

1.87

1.85

1.94

1.89

1.99

2.11

2.19

2.27

2.34

2.27

2.30

2.17

2.09

2.12

1.97

1.99

2.07

1.91

1.96

1.94

2.10

2.07

2.42

2.41

2.47

2.44

2.49

2.47

2.53

2.84

2.94

2.91

3.00

3.03

3.05

3.03

2.89

2.93

2.86

2.95

3.00

3.05

3.03

2.98

2.94

2.96

3.20

3.18

3.06

3.12

3.17

3.16

3.23

3.59

3.56

3.57

3.52

3.57

3.80

3.76

3.66

3.73

3.82

3.90

3.94

3.91

3.79

3.72

3.74

3.72

3.46

3.44

3.71

3.68

3.80

3.71

3.68

4.03

4.00

4.18

4.18

4.21

4.44

4.38

4.31

4.45

4.34

4.30

4.40

4.66

4.54

4.46

4.39

4.38

4.77

4.68

4.91

4.97

4.88

4.99

4.89

5.05

5.12

5.26

5.24

5.26

5.97

5.95

5.77

5.75

5.66

5.77

5.69

4.95

4.84

4.61

4.88

4.71

5.42

5.31

5.68

5.62

5.56

5.13

6.18

7.24

7.46

7.67

7.62

7.37

7.86

8.61

8.85

8.43

7.94

7.77

7.04

6.88

6.57

6.37

6.53

6.77

6.51

6.37

6.85

6.57

7.00

6.73

6.14

6.51

5.99

5.91

4.94

4.43

4.51

4.70

4.80

4.71

4.78

5.78

6.52

7.02

6.76

7.41

7.56

7.28

7.69

8.75

8.96

8.65

9.05

8.05

7.46

7.85

7.55

7.63

7.75

7.56

7.56

7.63

7.16

7.03

6.96

6.85

7.10

6.93

6.93

6.37

6.86

6.75

6.68

6.56

6.34

6.41

6.20

6.46

6.70

6.82

6.37

6.23

6.07

5.58

5.69

5.50

5.73

5.47

4.95

4.86

4.93

5.19

5.07

5.04

5.04

5.20

6.39

6.28

5.81

5.55

5.61

5.44

5.26

4.56

4.39

4.31

4.10

4.04

4.19

4.13

3.94

4.12

4.13

3.98

4.65

4.62

5.02

5.29

5.58

5.50

5.48

5.47

5.50

5.10

4.63

4.28

5.11

5.22

5.12

5.31

5.35

5.71

5.96

6.26

6.12

5.63

5.50

5.58

5.99

5.19

4.92

4.87

4.73

4.45

4.07

4.19

Market Cap/LTM Total Revenue

1.03

1.03

1.07

0.98

1.00

1.02

1.01

0.90

0.92

0.91

0.91

0.88

0.86

0.80

0.88

0.69

0.67

0.71

0.87

0.94

0.88

0.76

0.90

0.88

0.95

1.06

1.02

0.91

0.78

0.89

0.86

0.69

0.72

0.73

0.69

0.74

0.70

0.75

0.72

0.70

0.78

0.74

0.83

0.84

0.92

1.01

1.08

1.00

0.96

0.82

0.74

0.77

0.62

0.65

0.72

0.64

0.69

0.68

0.83

0.80

1.13

1.12

1.18

1.15

1.20

1.18

1.24

1.45

1.55

1.51

1.61

1.63

1.55

1.53

1.38

1.43

1.35

1.44

1.49

1.48

1.46

1.41

1.37

1.39

1.55

1.53

1.40

1.46

1.52

1.50

1.58

1.79

1.76

1.77

1.72

1.77

1.94

1.90

1.80

1.87

1.96

2.04

2.08

2.17

2.06

1.99

2.00

1.99

1.76

1.74

2.01

1.97

2.10

2.01

1.97

2.36

2.33

2.50

2.51

2.53

2.68

2.61

2.54

2.68

2.57

2.54

2.63

2.84

2.72

2.64

2.58

2.56

2.81

2.72

2.96

3.02

2.93

3.03

2.93

3.12

3.19

3.33

3.31

3.33

3.83

3.80

3.63

3.61

3.52

3.63

3.55

3.82

3.71

3.48

3.75

3.58

3.92

3.81

4.17

4.12

4.06

3.62

4.68

5.65

5.87

6.08

6.03

5.78

6.17

6.92

7.16

6.73

6.25

6.07

5.34

5.54

5.24

5.03

5.20

5.44

5.14

5.00

5.48

5.21

5.63

5.36

4.78

5.19

4.67

4.60

3.62

3.11

3.15

3.33

3.44

3.35

3.42

4.42

5.16

5.88

5.62

6.27

6.42

6.15

6.75

7.81

8.02

7.71

8.11

7.11

6.52

7.16

6.87

6.94

7.07

6.90

6.88

6.95

6.48

6.35

6.28

6.17

6.42

6.30

6.30

5.75

6.24

5.97

5.91

5.79

5.57

5.64

5.43

5.69

5.93

6.00

5.56

5.42

5.26

4.88

4.99

4.81

5.03

4.77

4.25

4.16

4.23

4.31

4.19

4.16

4.15

4.32

5.17

5.06

4.59

4.32

4.39

4.21

4.04

3.30

3.14

3.06

2.85

2.83

2.99

2.92

2.73

2.92

2.93

2.78

3.24

3.21

3.61

3.88

4.17

3.97

3.95

3.95

3.97

3.57

3.10

2.75

3.58

3.76

3.66

3.84

3.89

4.25

4.58

4.89

4.75

4.26

4.13

4.21

4.61

3.95

3.67

3.62

3.49

3.20

2.85

2.96

TEV/LTM EBITDA

11.52

11.52

11.70

11.30

11.40

11.47

11.44

10.17

10.29

10.26

10.25

10.14

11.60

11.25

11.69

10.69

10.61

10.82

11.65

15.49

15.06

14.23

15.21

14.82

12.55

13.17

12.95

12.29

11.56

12.21

12.00

10.50

10.70

10.77

10.52

9.66

19.17

19.71

19.40

19.19

20.08

19.62

20.58

28.50

29.57

30.72

31.70

57.90

15.91

14.99

14.41

14.64

13.58

13.76

14.30

9.05

9.28

9.20

9.95

10.01

10.45

10.41

10.66

10.53

10.76

10.66

10.91

13.26

13.70

13.54

13.99

13.41

14.88

14.78

14.08

14.29

13.93

14.38

14.62

15.37

15.23

15.00

14.81

14.89

15.56

15.47

14.86

15.14

15.41

15.35

15.50

14.77

14.63

14.67

14.46

17.51

13.99

13.86

13.50

13.74

14.09

14.36

14.53

13.60

13.20

12.95

13.00

13.22

11.49

11.41

12.32

12.19

12.60

12.30

12.19

13.24

13.14

13.71

13.73

13.99

14.12

13.93

13.69

14.13

13.78

13.68

13.99

14.72

14.33

14.08

13.88

13.73

13.21

12.95

13.60

13.77

13.53

13.81

13.54

14.74

14.93

15.34

15.30

15.25

18.81

18.72

18.18

18.12

17.82

18.16

17.91

13.15

12.85

12.24

12.96

11.79

11.42

11.19

11.96

11.84

11.72

10.79

13.03

13.05

13.44

13.83

13.73

13.28

16.01

17.53

18.02

17.16

16.16

15.81

14.32

15.44

14.77

14.30

14.67

15.14

21.78

21.31

22.92

22.00

23.42

22.52

20.57

27.02

24.87

24.55

20.50

18.11

9.80

10.21

10.44

10.24

10.40

12.56

14.17

13.97

13.44

14.74

15.03

13.06

16.25

18.48

18.93

18.27

19.11

16.99

15.75

17.09

16.44

16.61

16.88

13.97

17.39

17.55

16.47

16.16

16.01

15.77

16.33

15.63

15.64

14.39

15.49

12.13

12.01

11.80

11.40

11.53

11.15

11.62

12.04

12.58

11.76

11.50

11.21

11.24

11.47

11.10

11.55

11.03

9.98

9.80

9.94

12.72

12.42

12.36

12.34

12.74

15.90

15.63

14.47

13.80

13.97

13.53

13.09

9.22

8.89

8.72

8.30

9.76

10.13

9.97

9.52

9.96

9.98

9.62

11.64

11.57

12.57

13.24

13.97

14.17

14.12

14.11

14.17

13.15

11.92

11.03

13.17

13.85

13.58

14.08

14.20

15.16

13.38

14.07

13.75

12.66

12.35

12.53

13.44

14.50

13.74

13.60

13.22

12.43

161.81

166.42

TEV/LTM EBIT

14.50

14.49

14.72

14.22

14.34

14.43

14.39

12.84

13.00

12.96

12.95

13.00

14.77

14.33

14.89

13.61

13.51

13.78

14.84

21.61

21.00

19.85

21.22

20.95

16.93

17.77

17.47

16.58

15.59

16.47

16.18

14.12

14.40

14.49

14.16

12.58

38.01

39.07

38.46

38.04

39.81

38.89

40.79

113.13

117.41

121.94

125.84

-

26.00

24.50

23.55

23.92

22.20

22.48

23.36

12.24

12.54

12.44

13.45

13.75

13.70

13.65

13.98

13.81

14.11

13.97

14.31

16.64

17.20

17.00

17.56

16.74

19.00

18.87

17.98

18.25

17.79

18.36

18.67

19.65

19.47

19.17

18.94

19.16

19.76

19.64

18.87

19.23

19.57

19.49

19.61

18.50

18.33

18.38

18.12

23.19

17.24

17.08

16.64

16.93

17.37

17.70

17.90

16.43

15.94

15.64

15.70

16.09

13.51

13.42

14.49

14.34

14.82

14.46

14.34

15.43

15.32

15.99

16.01

16.39

16.31

16.08

15.81

16.32

15.91

15.80

16.15

17.17

16.72

16.42

16.19

16.04

14.93

14.64

15.38

15.57

15.29

15.61

15.31

16.63

16.85

17.31

17.26

17.23

21.70

21.60

20.97

20.91

20.56

20.95

20.67

14.83

14.50

13.80

14.62

13.29

12.60

12.34

13.19

13.06

12.92

11.91

14.37

14.15

14.58

15.00

14.89

14.41

17.31

18.95

19.48

18.55

17.48

17.10

15.49

16.74

16.01

15.50

15.90

16.25

24.50

23.97

25.78

24.75

26.34

25.33

23.14

31.01

28.53

28.17

23.52

20.44

10.52

10.95

11.20

10.99

11.16

13.48

15.21

14.92

14.35

15.74

16.05

13.71

17.44

19.84

20.32

19.62

20.51

18.24

16.90

18.28

17.59

17.77

18.06

14.72

18.57

18.73

17.59

17.26

17.09

16.84

17.43

16.68

16.69

15.35

16.53

12.77

12.64

12.42

12.00

12.13

11.73

12.23

12.68

13.29

12.42

12.15

11.84

11.92

12.17

11.77

12.25

11.70

10.58

10.39

10.54

13.74

13.42

13.35

13.33

13.76

17.41

17.11

15.84

15.11

15.29

14.82

14.33

9.90

9.55

9.37

8.91

10.59

10.99

10.82

10.33

10.81

10.83

10.45

12.72

12.64

13.74

14.46

15.27

15.55

15.50

15.48

15.54

14.42

13.08

12.10

14.45

15.22

14.92

15.47

15.60

16.65

14.45

15.19

14.85

13.67

13.34

13.54

14.52

15.80

14.98

14.82

14.41

13.55

-

-

Margin Analysis

Gross Margin

37.40

37.40

37.40

37.40

37.40

37.40

37.40

37.22

37.22

37.07

37.07

37.07

37.05

37.05

37.05

37.04

37.04

37.04

37.04

37.26

37.26

37.50

37.50

37.50

38.40

38.40

38.40

38.40

38.40

38.40

38.53

38.53

38.53

38.66

38.66

38.66

39.13

39.13

39.13

39.13

39.13

39.13

39.03

39.03

39.03

38.92

38.92

38.92

37.49

37.49

37.49

37.23

37.23

37.23

37.19

37.19

37.19

37.15

37.15

37.15

37.20

37.20

37.20

37.26

37.26

37.26

36.87

36.87

36.87

36.48

36.48

36.48

36.19

36.19

36.19

35.89

35.89

35.89

35.57

35.57

35.57

35.25

35.25

35.25

35.12

35.12

35.12

34.98

34.98

34.98

35.11

35.11

35.11

35.26

35.26

35.26

35.86

35.86

35.86

36.48

36.48

36.48

37.04

37.04

37.04

37.59

37.59

37.59

37.57

37.57

37.57

37.56

37.56

37.56

37.53

37.53

37.53

37.50

37.50

37.50

38.06

38.06

38.06

38.66

38.66

38.66

39.38

39.38

39.38

40.19

40.19

40.19

41.39

41.39

41.39

42.60

42.60

42.60

42.21

42.21

42.21

41.82

41.82

41.82

40.60

40.60

40.60

39.15

39.15

39.15

40.08

40.08

40.08

41.14

41.14

41.14

42.35

42.35

42.35

43.67

43.67

43.67

44.45

44.45

44.45

45.35

45.35

45.35

46.51

46.51

46.51

47.83

47.83

47.83

48.93

48.93

48.93

50.07

50.07

50.07

49.96

49.96

49.96

49.86

49.86

49.86

49.34

49.34

49.34

48.82

48.82

48.82

48.65

48.65

48.65

48.47

48.47

48.47

47.63

47.63

47.63

46.74

46.74

46.74

46.42

46.42

46.42

46.08

46.08

46.08

45.11

45.11

45.11

44.09

44.09

44.09

43.53

43.53

43.53

42.98

42.98

42.98

43.09

43.09

43.09

43.21

43.21

43.21

42.97

42.97

42.97

42.73

42.73

42.73

42.83

42.83

42.83

42.93

42.93

42.93

42.35

42.35

42.35

41.78

41.78

41.78

42.66

42.66

42.66

43.61

43.61

43.61

45.34

45.34

45.34

47.36

47.36

47.36

48.29

48.29

48.29

49.21

49.21

49.21

49.01

49.01

49.01

48.81

48.81

48.81

48.21

48.21

48.21

47.59

47.59

47.59

47.46

47.46

47.46

47.32

47.32

47.32

46.01

46.01

46.01

44.77

44.77

44.77

43.66

43.66

43.66

42.58

42.58

42.58

42.95

42.95

42.95

43.27

43.27

43.27

45.68

45.68

SG&A Margin

24.80

24.80

24.80

24.80

24.80

24.80

24.80

24.74

24.74

24.70

24.70

24.70

24.94

24.94

24.94

25.17

25.17

25.17

25.17

25.48

25.48

25.82

25.82

25.82

26.11

26.11

26.11

26.11

26.11

26.11

25.94

25.94

25.94

25.76

25.76

25.76

26.19

26.19

26.19

26.19

26.19

26.19

26.39

26.39

26.39

26.62

26.62

26.62

25.93

25.93

25.93

25.34

25.34

25.34

25.00

25.00

25.00

24.67

24.67

24.67

24.55

24.55

24.55

24.44

24.44

24.44

24.28

24.28

24.28

24.13

24.13

24.13

24.00

24.00

24.00

23.86

23.86

23.86

22.97

22.97

22.97

22.06

22.06

22.06

21.12

21.12

21.12

20.09

20.09

20.09

20.05

20.05

20.05

20.01

20.01

20.01

19.66

19.66

19.66

19.30

19.30

19.30

19.14

19.14

19.14

19.00

19.00

19.00

18.92

18.92

18.92

18.84

18.84

18.84

18.34

18.34

18.34

17.82

17.82

17.82

17.69

17.69

17.69

17.55

17.55

17.55

18.34

18.34

18.34

19.21

19.21

19.21

19.00

19.00

19.00

18.79

18.79

18.79

18.66

18.66

18.66

18.53

18.53

18.53

19.03

19.03

19.03

19.61

19.61

19.61

19.52

19.52

19.52

19.41

19.41

19.41

19.74

19.74

19.74

20.09

20.09

20.09