Beruflich Dokumente
Kultur Dokumente
Historical Projected
H3 H2 H1 P1 P2 P3
Revenue 69,577 73,990 76,847 79,199 81,745 83,789
Growth 6.34% 3.86% 3.06% 3.21% 2.50%
Gross Profit:
Cash Gross Profit 20,501 21,866 22,790 23,410 23,999 24,431
Margin 29.47% 29.55% 29.66% 29.56% 29.36% 29.16%
Less: Depreciation 2,333 2,528 2,507 2,648 2,734 2,802
Total Gross Profit 18,168 19,338 20,283 20,761 21,265 21,629
Margin 26.11% 26.14% 26.39% 26.21% 26.01% 25.81%
Current Assets
Accounts Receivable 468 482 498 510
Inventory 9,122 9,401 9,703 9,946
Prepaid Expenses 1,341 1,382 1,426 1,462
Total Current Assets 10,931 11,266 11,628 11,918
Current Liabilities
Short Term Debt 1,153 1,188 1,226 1,257
Accounts Payable 9,152 9,472 9,786 10,128
Accrued Expenses 4,059 4,201 4,340 4,492
Total Current Liabilities 14,364 14,861 15,353 15,877
Ratios
A/R % Sales 0.61% 0.61% 0.61% 0.61%
Inventory % sales 11.87% 11.87% 11.87% 11.87%
Prepaid % sales 1.75% 1.75% 1.75% 1.75%
Short-Term Debt % of Sales 1.50% 1.50% 1.50% 1.50%
Accts Payable % of COGS 16.75% 16.75% 16.75% 16.75%
Accrued Expenses % COGS 7.43% 7.43% 7.43% 7.43%
WACC
Total Debt 12,476 Shares Out 520.3
Market Cap 55739.739 Share P 107.13
Valuation
2020 2021 2022
1 2 3
EBIT 4,437 4,416 4,359
Plus depreciation 2,648 2,734 2,802
60,716 62,104
71.04% 71.24%
2,858 2,915
3.34% 3.34%
63,574 65,019
74.39% 74.59%
24,749 25,069
28.96% 28.76%
2,858 2,915
21,891 22,154
25.61% 25.41%
17,616 17,968
20.61% 20.61%
7,133 7,101
8.35% 8.15%
-0.39% -0.44%
4,275 4,186
5.00% 4.80%
3,205 3,269
3.75% 3.75%
Projected
P4 P5
85,464 87,174
62,159 63,574
520 531
10,145 10,348
1,491 1,521
12,157 12,400
1,282 1,308
10,409 10,646
4,617 4,722
16,308 16,676
-4,151 -4,276
193 124
0.61% 0.61%
11.87% 11.87%
1.75% 1.75%
1.50% 1.50%
16.75% 16.75%
7.43% 7.43%
Terminal Value
2023 2024
4 5
4,275 4,186 g 1.68%
2,858 2,915 FCF 2,877
WACC 5.71%
7,133 7,101 Terminal Value 71,348
-3,205 -3,269
3,928 3,833
-898 -879
-193 -124
2,838 2,829
2,272 2,143
54,046
2,272 56,189
WACC
5.71% 6.00% 7.00%
Target Corporation
TGT 87612E106 2259101 NYSE Common stock
Source: FactSet Fundamentals
JUL '19 APR '19 JAN '19 OCT '18 JUL '18
LTM LTM LTM LTM LTM
Sales 76,847 76,201 75,355 75,144 73,990
Cost of Goods Sold (COGS) incl. D&A 56,564 56,156 55,522 55,431 54,652
COGS excluding D&A 54,057 53,669 53,048 52,945 52,124
Depreciation & Amortization Expense 2,507 2,487 2,474 2,486 2,528
Gross Income 20,283 20,045 19,833 19,713 19,338
SG&A Expense 15,871 15,756 15,638 15,672 15,417
Other SG&A 15,871 15,756 15,638 15,672 15,417
EBIT (Operating Income) 4,412 4,289 4,195 4,041 3,921
Nonoperating Income - Net 41 32 27 204 366
Other Income (Expense) 41 32 27 204 366
Interest Expense 469 467 468 499 506
Gross Interest Expense 469 467 468 499 523
Interest Capitalized - - - - 17
Unusual Expense - Net - - - - -
Restructuring Expense 0 0 0 0 0
Unrealized Valuation Gain/Loss - - - - -
Hedges/Derivatives - - - - -
Pretax Income 3,965 3,770 3,676 3,680 3,582
Income Taxes 821 765 746 446 486
Consolidated Net Income 3,144 3,005 2,930 3,234 3,096
Net Income 3,144 3,005 2,930 3,234 3,096
Discontinued Operations 10 10 8 6 2
Net Income available to Common 3,154 3,015 2,938 3,240 3,098
Per Share
EPS (recurring) 6.11 5.80 5.60 6.10 5.78
EPS (diluted) 6.04 5.72 5.51 6.01 5.72
Diluted Shares Outstanding 516.10 519.50 524.30 531.20 536.30
Total Shares Outstanding 511.34 512.31 517.76 521.81 526.11
Dividends per Share 2.58 2.56 2.54 2.52 2.50
Payout Ratio 42.70 44.79 46.06 41.92 43.71
EBITDA
EBITDA 6,919 6,776 6,669 6,527 6,449
EBIT 4,412 4,289 4,195 4,041 3,921
Depreciation & Amortization Expense 2,507 2,487 2,474 2,486 2,528
All figures in millions of U.S. Dollar except per share items.
APR '18 JAN '18 OCT '17 JUL '17 APR '17
LTM LTM LTM LTM LTM
72,643 71,879 69,803 69,577 69,317
53,807 53,319 51,654 51,409 51,148
51,304 50,874 49,257 49,076 48,823
2,503 2,445 2,397 2,333 2,325
18,836 18,560 18,149 18,168 18,169
15,184 14,942 14,327 14,156 14,021
15,184 14,942 14,327 14,156 14,021
3,652 3,618 3,822 4,012 4,148
535 700 693 691 681
535 700 693 691 681
530 558 567 581 597
547 574 585 601 617
17 16 18 20 20
- 114 112 -18 130
0 0 0 -4 -11
- 9 11 14 20
- 9 11 14 20
3,539 3,646 3,836 4,140 4,102
571 718 1,189 1,363 1,371
2,968 2,928 2,647 2,777 2,731
2,968 2,928 2,647 2,777 2,731
3 6 3 1 55
2,971 2,934 2,650 2,778 2,786
For smaller and riskier firms
If interest coverage ratio is
greater than ≤ to Rating is Spread is
100000 0.499999 D2/D 19.38% Rating is Spread is
0.5 0.799999 Caa/CCC 14.54% A1/A+ 1.25%
0.8 1.249999 Ca2/CC 11.08% A2/A 1.38%
1.25 1.499999 C2/C 9.00% A3/A- 1.56%
1.5 1.999999 B3/B- 6.60% Aa2/AA 1.00%
2 2.499999 B2/B 5.40% Aaa/AAA 0.75%
2.5 2.999999 B1/B+ 4.50% B1/B+ 4.50%
3 3.499999 Ba2/BB 3.60% B2/B 5.40%
3.5 3.9999999 Ba1/BB+ 3.00% B3/B- 6.60%
4 4.499999 Baa2/BBB 2.00% Ba1/BB+ 3.00%
4.5 5.999999 A3/A- 1.56% Ba2/BB 3.60%
6 7.499999 A2/A 1.38% Baa2/BBB 2.00%
7.5 9.499999 A1/A+ 1.25% C2/C 9.00%
9.5 12.499999 Aa2/AA 1.00% Ca2/CC 11.08%
12.5 100000 Aaa/AAA 0.75% Caa/CCC 14.54%
D2/D 19.38%
Mature Market ERP + 5.53%
CRP
3.55%
0.00%
4.78%
0.98%
0.00%
1.15%
2.57%
1.47%
0.00%
1.43%
Annual
Average
Revenue Pre-tax
growth - Operating Average
Number of Last 5 Margin effective tax Unlevered
Industry Name firms years (Unadjusted) After-tax ROC rate Beta
Advertising 48 23.49% 11.62% 64.62% 34.30% 0.87
Aerospace/Defense 85 1.63% 11.94% 39.77% 24.94% 1.09
Air Transport 18 6.65% 10.71% 13.64% 16.16% 0.63
Apparel 50 20.06% 10.09% 14.25% 34.53% 0.76
Auto & Truck 14 16.51% 4.21% 3.63% 53.34% 0.34
Auto Parts 52 9.57% 8.88% 20.63% 25.52% 0.97
Bank (Money Center) 10 4.94% 0.00% -0.01% 39.83% 0.43
Banks (Regional) 633 9.77% 0.00% -0.01% 22.30% 0.40
Beverage (Alcoholic) 31 7.83% 22.39% 18.21% 6.63% 1.05
Beverage (Soft) 37 17.97% 20.76% 26.12% 51.11% 1.04
Broadcasting 24 8.33% 20.42% 24.90% 12.24% 0.51
Brokerage & Investment 38 10.33% 0.41% 0.05% 38.78% 0.46
Building Materials 42 9.46% 9.37% 20.16% 31.34% 0.91
Business & Consumer Se 168 8.25% 10.56% 24.97% 17.97% 1.00
Cable TV 14 17.76% 18.41% 14.06% 3.55% 0.76
Chemical (Basic) 39 8.44% 12.73% 19.17% 18.68% 1.12
Chemical (Diversified) 6 -1.16% 13.59% 16.62% 4.00% 1.49
Chemical (Specialty) 89 6.17% 13.65% 17.23% 26.47% 0.99
Coal & Related Energy 23 -7.96% 7.99% 13.59% 5.32% 0.97
Computer Services 119 27.22% 8.35% 26.66% 38.85% 1.05
Computers/Peripherals 57 2.07% 16.34% 22.26% 20.81% 1.50
Construction Supplies 48 6.27% 11.79% 16.87% 35.46% 1.15
Diversified 23 5.24% 12.93% 10.93% 13.17% 1.14
Drugs (Biotechnology) 481 33.89% 19.31% 9.50% 49.72% 1.43
Drugs (Pharmaceutical) 237 70.67% 23.30% 16.79% 53.29% 1.38
Education 35 -0.48% 9.21% 13.16% 18.68% 1.11
Electrical Equipment 116 -0.10% 13.25% 26.85% 24.30% 1.18
Electronics (Consumer & 19 6.39% -2.23% -3.51% 36.86% 1.22
Electronics (General) 160 7.79% 9.52% 14.44% 67.64% 0.96
Engineering/Construction 52 11.39% 4.06% 21.26% 28.88% 0.81
Entertainment 120 9.11% 17.96% 26.85% 12.13% 1.21
Environmental & Waste S 91 9.50% 11.82% 21.22% 3.13% 0.96
Farming/Agriculture 33 2.76% 5.19% 8.77% 28.29% 0.50
Financial Svcs. (Non-ban 259 10.73% 8.70% 0.25% 47.30% 0.08
Food Processing 83 6.54% 13.22% 20.19% 9.23% 0.61
Food Wholesalers 18 11.49% 3.12% 23.33% 16.55% 1.23
Furn/Home Furnishings 30 10.60% 8.31% 14.66% 27.47% 0.67
Green & Renewable Ene 21 3.44% 16.15% 2.42% 0.00% 0.80
Healthcare Products 248 13.97% 15.30% 16.56% 38.59% 1.04
Healthcare Support Servi 111 12.49% 4.53% 43.96% 18.01% 1.03
Heathcare Information a 119 14.63% 13.11% 14.78% 29.07% 1.18
Homebuilding 31 23.69% 10.51% 11.55% 30.60% 0.72
Hospitals/Healthcare Facil 34 4.00% 10.13% 14.13% 28.87% 0.55
Hotel/Gaming 70 8.33% 20.42% 14.23% 12.89% 0.71
Household Products 141 7.40% 17.56% 26.99% 29.59% 1.00
Information Services 71 12.09% 26.86% 38.95% 23.04% 1.05
Insurance (General) 20 7.09% 11.00% 6.95% 94.79% 0.67
Insurance (Life) 23 0.60% 10.93% 8.45% 1.57% 0.70
Insurance (Prop/Cas.) 50 7.57% 12.29% 11.99% 15.58% 0.65
Investments & Asset Ma 172 5.19% 19.25% 8.22% 17.93% 0.87
Machinery 127 4.01% 13.85% 25.82% 29.93% 1.01
Metals & Mining 94 31.61% 23.70% 26.71% 45.47% 1.11
Office Equipment & Servi 24 3.03% 7.39% 18.43% 20.10% 1.33
Oil/Gas (Integrated) 5 -6.89% 8.45% 7.99% 12.64% 1.06
Oil/Gas (Production and E 301 -1.88% 13.74% 7.19% 16.58% 1.07
Oil/Gas Distribution 20 17.17% 16.61% 7.24% 36.17% 0.62
Oilfield Svcs/Equip. 134 4.99% 4.74% 13.71% 12.01% 1.07
Packaging & Container 27 3.09% 10.55% 17.68% 23.09% 0.74
Paper/Forest Products 20 6.93% 7.64% 15.40% 21.68% 1.17
Power 51 4.99% 18.88% 6.91% 15.51% 0.35
Precious Metals 91 -9.33% 10.29% 4.65% 114.81% 1.15
Publishing & Newspaper 33 -0.99% 7.29% 14.98% 46.48% 0.90
R.E.I.T. 238 14.61% 25.73% 3.17% 2.17% 0.41
Real Estate (Developmen 18 9.84% 9.07% 0.88% 0.00% 0.87
Real Estate (General/Dive 11 14.62% 34.01% 11.99% 15.51% 1.33
Real Estate (Operations 59 7.70% 7.13% 11.08% 33.50% 0.95
Recreation 72 4.93% 8.80% 12.73% 36.80% 0.81
Reinsurance 2 6.61% 11.85% 11.03% 10.63% 0.88
Restaurant/Dining 78 6.75% 15.78% 18.90% 26.33% 0.65
Retail (Automotive) 24 10.28% 5.69% 11.37% 17.13% 0.76
Retail (Building Supply) 17 4.68% 11.14% 26.26% 26.73% 0.97
Retail (Distributors) 88 6.75% 8.01% 15.56% 17.65% 0.99
Retail (General) 19 1.79% 4.36% 14.89% 21.66% 0.75
Retail (Grocery and Food 12 5.75% 2.14% 8.77% 0.69% 0.28
Retail (Online) 79 8.62% 6.54% 11.57% 18.43% 1.34
Retail (Special Lines) 91 3.18% 6.35% 14.12% 25.22% 0.80
Rubber& Tires 4 -8.35% 7.43% 8.28% 55.78% 0.24
Semiconductor 72 10.50% 29.61% 22.70% 30.05% 1.26
Semiconductor Equip 41 10.31% 23.99% 26.86% 29.97% 1.39
Shipbuilding & Marine 9 9.08% 7.53% 7.40% 0.00% 0.78
Shoe 10 3.07% 11.73% 21.54% 49.58% 0.74
Software (Entertainment) 92 23.51% 27.62% 19.76% 33.19% 1.27
Software (Internet) 44 32.87% 11.22% 15.59% 16.52% 1.31
Software (System & Appli 355 16.90% 21.28% 16.47% 47.58% 1.16
Steel 37 3.30% 8.85% 22.43% 9.26% 1.29
Telecom (Wireless) 21 4.06% 10.19% 6.66% 0.54% 0.71
Telecom. Equipment 98 14.43% 17.41% 13.65% 84.28% 1.02
Telecom. Services 67 5.80% 18.54% 17.46% 0.38% 0.74
Tobacco 17 34.54% 39.97% 64.53% 19.78% 1.13
Transportation 19 20.83% 8.43% 23.38% 12.93% 0.90
Transportation (Railroads 10 3.01% 36.64% 19.93% 0.00% 2.08
Trucking 28 6.64% 7.31% 10.53% 3.57% 0.71
Utility (General) 18 2.40% 17.23% 6.73% 15.04% 0.17
Utility (Water) 19 6.41% 30.82% 8.44% 31.49% 0.32
Total Market 7209 11.21% 11.31% 7.40% 27.38% 0.80
Total Market (without fina 6004 11.66% 11.85% 14.10% 25.32% 1.00
Std deviation
Cost of in stock Pre-tax cost Market Cost of
Equity (Levered) Beta equity prices of debt Debt/Capital capital Sales/Capital
1.22 9.93% 66.44% 5.43% 41.54% 7.49% 5.78
1.24 10.07% 40.77% 4.56% 20.25% 8.72% 3.72
1.02 8.77% 34.19% 4.18% 47.32% 6.10% 1.40
0.93 8.23% 48.89% 4.56% 25.93% 6.98% 1.62
0.79 7.41% 38.24% 4.18% 66.15% 4.58% 0.90
1.17 9.63% 44.28% 4.56% 28.55% 7.86% 2.50
0.71 6.93% 18.29% 3.58% 67.09% 4.08% 0.14
0.57 6.07% 20.60% 3.58% 43.35% 4.60% 0.27
1.30 10.42% 33.49% 4.18% 25.47% 8.57% 0.83
1.18 9.70% 50.32% 4.56% 19.05% 8.50% 1.30
1.02 8.76% 37.29% 4.18% 59.11% 5.44% 1.23
1.21 9.87% 32.08% 4.18% 74.79% 4.83% 0.19
1.10 9.21% 33.40% 4.18% 24.81% 7.70% 2.49
1.22 9.94% 44.86% 4.56% 26.30% 8.22% 2.47
1.13 9.43% 26.32% 4.18% 41.42% 6.82% 0.79
1.55 11.92% 54.33% 4.56% 39.93% 8.52% 1.61
1.82 13.51% 32.60% 4.18% 26.90% 10.72% 1.19
1.17 9.65% 42.33% 4.56% 24.60% 8.12% 1.37
1.17 9.64% 53.58% 4.56% 40.26% 7.14% 1.61
1.27 10.25% 41.69% 4.56% 28.15% 8.32% 3.39
1.68 12.69% 49.87% 4.56% 20.08% 10.83% 1.41
1.45 11.34% 32.24% 4.18% 31.45% 8.76% 1.61
1.36 10.78% 39.46% 4.18% 26.18% 8.78% 0.91
1.51 11.69% 68.96% 5.43% 15.91% 10.48% 0.42
1.47 11.41% 72.45% 5.43% 12.56% 10.49% 0.70
1.28 10.29% 37.66% 4.18% 23.51% 8.61% 1.47
1.32 10.56% 57.29% 4.56% 18.13% 9.27% 2.03
1.19 9.78% 62.71% 4.56% 8.90% 9.21% 1.81
1.02 8.74% 46.69% 4.56% 16.23% 7.87% 1.59
1.01 8.68% 40.14% 4.56% 32.83% 6.96% 5.31
1.33 10.61% 54.34% 4.56% 16.57% 9.42% 1.53
1.19 9.78% 46.15% 4.56% 25.17% 8.18% 1.78
0.72 6.95% 29.07% 4.18% 39.85% 5.43% 1.77
0.70 6.87% 27.33% 4.18% 91.92% 3.44% 0.04
0.81 7.51% 27.46% 4.18% 31.88% 6.12% 1.59
1.62 12.36% 40.99% 4.56% 30.97% 9.59% 7.68
0.88 7.95% 43.51% 4.56% 33.63% 6.43% 2.03
1.62 12.34% 69.48% 5.43% 59.42% 7.43% 0.19
1.12 9.37% 56.32% 4.56% 12.94% 8.60% 1.08
1.15 9.56% 48.13% 4.56% 26.59% 7.92% 10.79
1.29 10.36% 53.01% 4.56% 14.70% 9.34% 1.13
0.98 8.53% 34.08% 4.18% 38.36% 6.46% 1.44
1.12 9.34% 49.69% 4.56% 58.29% 5.89% 1.53
1.01 8.68% 35.01% 4.18% 38.99% 6.52% 0.79
1.13 9.42% 54.64% 4.56% 17.44% 8.37% 1.64
1.12 9.36% 37.11% 4.18% 13.09% 8.55% 1.58
0.87 7.88% 24.63% 3.58% 32.37% 6.20% 0.73
1.11 9.29% 27.64% 4.18% 51.16% 6.14% 0.80
0.74 7.09% 23.90% 3.58% 20.29% 6.20% 1.15
1.10 9.26% 35.43% 4.18% 40.24% 6.79% 0.47
1.17 9.66% 34.36% 4.18% 21.22% 8.27% 2.10
1.32 10.56% 75.46% 8.43% 29.47% 9.31% 1.16
1.81 13.49% 39.46% 4.18% 38.03% 9.55% 2.70
1.16 9.58% 17.62% 3.58% 14.71% 8.57% 1.03
1.45 11.34% 57.36% 4.56% 35.56% 8.52% 0.52
1.07 9.06% 36.03% 4.18% 50.32% 6.08% 0.47
1.33 10.59% 49.29% 4.56% 31.87% 8.31% 2.90
1.07 9.09% 27.47% 4.18% 39.91% 6.71% 1.89
1.40 11.00% 42.72% 4.56% 32.60% 8.53% 2.18
0.54 5.92% 20.53% 3.58% 44.26% 4.49% 0.43
1.19 9.78% 74.54% 5.43% 17.52% 8.78% 0.45
1.26 10.16% 39.32% 4.18% 41.22% 7.26% 2.34
0.68 6.72% 21.22% 3.58% 47.56% 4.80% 0.14
1.19 9.80% 40.78% 4.56% 40.99% 7.19% 0.18
1.36 10.81% 21.50% 3.58% 33.26% 8.11% 0.38
1.35 10.70% 42.49% 4.56% 39.52% 7.82% 1.68
0.98 8.51% 42.73% 4.56% 26.64% 7.16% 1.55
0.97 8.46% 16.27% 3.58% 23.00% 7.13% 1.04
0.80 7.44% 38.18% 4.18% 26.21% 6.31% 1.45
1.15 9.56% 33.22% 4.18% 41.83% 6.87% 2.39
1.12 9.34% 46.94% 4.56% 18.59% 8.24% 3.01
1.44 11.26% 44.59% 4.56% 39.63% 8.15% 2.03
0.91 8.12% 39.63% 4.18% 25.42% 6.85% 4.05
0.45 5.37% 33.06% 4.18% 45.48% 4.35% 4.70
1.42 11.12% 54.22% 4.56% 10.71% 10.30% 1.99
1.07 9.06% 49.17% 4.56% 34.05% 7.14% 2.53
0.42 5.17% 29.03% 4.18% 54.47% 4.06% 1.37
1.34 10.64% 42.66% 4.56% 12.39% 9.75% 0.82
1.39 10.96% 48.66% 4.56% 14.22% 9.88% 1.25
1.08 9.10% 55.89% 4.56% 36.19% 7.05% 0.87
0.75 7.18% 38.65% 4.18% 6.92% 6.90% 2.29
1.26 10.18% 65.58% 5.43% 2.14% 10.04% 0.69
1.46 11.37% 51.90% 4.56% 17.80% 9.95% 1.20
1.23 10.00% 50.68% 4.56% 11.40% 9.25% 0.75
1.62 12.33% 44.32% 4.56% 33.44% 9.35% 2.61
1.26 10.21% 44.49% 4.56% 53.66% 6.57% 0.66
1.09 9.18% 45.72% 4.56% 15.29% 8.30% 0.79
1.22 9.94% 54.23% 4.56% 47.15% 6.87% 0.99
1.29 10.37% 48.08% 4.56% 20.15% 8.97% 1.73
1.14 9.49% 33.82% 4.18% 29.81% 7.59% 2.94
2.47 17.39% 20.12% 3.58% 21.22% 14.27% 0.55
1.22 9.94% 41.51% 4.56% 50.76% 6.63% 1.30
0.27 4.27% 15.34% 3.58% 41.64% 3.61% 0.46
0.42 5.21% 22.94% 3.58% 30.07% 4.45% 0.30
1.12 9.38% 42.67% 4.56% 39.99% 7.00% 0.71
1.21 9.87% 46.24% 4.56% 25.66% 8.22% 1.25
Non-cash Net Cap Ex
WC as % of Cap Ex as % as % of
EV/Sales EV/EBITDA EV/EBIT Price/Book Trailing PE Revenues of Revenues Revenues
1.57 7.86 12.66 5.54 10.81 0.72% 1.92% 1.12%
1.84 12.06 15.30 5.75 33.83 33.74% 2.66% 5.65%
1.25 6.18 12.07 2.46 7.99 1.96% 11.08% 5.78%
1.66 10.08 16.04 3.09 55.05 25.65% 2.63% 1.70%
1.18 10.57 27.65 1.63 17.75 -6.65% 10.94% 4.52%
0.67 5.20 7.41 1.91 18.92 11.25% 4.39% 3.67%
5.48 NA NA 1.02 12.69 NA 0.99% 1.07%
5.24 NA NA 1.17 25.30 NA 3.99% 3.94%
3.87 13.58 17.23 2.48 20.16 14.88% 7.36% 4.58%
4.55 18.26 21.72 7.38 35.13 -2.56% 4.32% 4.46%
2.56 8.84 12.29 3.53 17.66 21.97% 2.48% 15.33%
5.56 NA NA 1.14 28.79 NA 6.54% 5.90%
1.26 9.59 13.04 2.94 21.87 15.06% 3.16% 7.64%
1.93 11.05 17.33 3.91 20.60 14.13% 3.10% 2.63%
2.96 8.39 15.66 1.86 10.69 -0.25% 12.88% -2.37%
1.10 5.62 8.54 1.80 13.47 20.40% 5.58% 3.54%
1.65 8.03 12.12 1.28 18.59 22.70% 4.96% 3.31%
2.37 11.35 16.93 3.22 24.65 18.22% 5.42% 5.23%
0.74 3.37 7.85 1.38 10.44 3.83% 5.15% -4.50%
1.01 7.99 11.68 3.07 19.29 12.18% 1.90% 0.03%
2.08 9.39 12.65 5.27 50.94 -8.73% 3.96% 0.64%
1.47 9.07 12.31 2.95 14.37 16.00% 5.37% 4.35%
2.24 12.28 17.26 1.71 18.64 5.98% 5.10% 1.67%
6.46 11.99 26.12 6.24 68.57 13.44% 4.32% 17.93%
4.79 13.46 20.00 4.85 106.46 22.15% 4.59% 0.00%
2.16 11.59 22.80 2.41 48.47 11.63% 4.89% 1.17%
2.10 10.86 14.90 3.81 20.89 19.15% 4.36% 9.26%
1.34 22.43 NA 5.31 56.33 14.06% 2.34% -0.84%
1.64 10.46 16.63 2.66 46.32 20.36% 5.72% 9.43%
0.58 8.22 13.18 1.42 19.49 17.23% 1.60% 3.56%
3.45 14.18 19.28 3.91 64.02 9.70% 4.45% 1.98%
2.61 11.67 20.97 3.50 30.92 10.29% 7.71% 3.68%
0.93 11.35 17.35 2.07 41.10 12.15% 3.13% 4.98%
28.99 NA NA 1.86 50.79 NA 8.22% 9.31%
2.01 11.69 14.98 1.97 21.98 6.63% 3.63% 13.22%
0.53 11.27 16.48 4.29 18.84 7.31% 1.15% 1.99%
0.98 7.51 11.18 1.98 36.53 14.77% 4.27% 4.32%
8.90 15.57 68.28 1.09 16.64 6.42% 24.05% 51.62%
5.00 19.33 31.50 4.36 87.60 22.60% 5.32% 16.31%
0.63 10.70 14.11 3.15 38.68 -5.20% 0.82% 1.88%
4.58 19.33 33.18 4.14 195.14 22.46% 3.96% 6.15%
0.99 8.71 9.26 1.23 10.45 73.90% 0.66% 2.74%
1.45 8.63 14.62 6.10 17.87 11.87% 5.75% 2.75%
3.26 10.60 16.41 2.87 17.27 6.87% 10.92% 9.12%
3.04 13.38 17.14 5.59 40.46 11.72% 4.12% 1.88%
6.36 18.78 23.40 7.45 34.03 4.27% 3.38% 2.55%
1.63 9.15 14.65 1.16 18.82 -26.41% 1.47% 2.94%
1.34 10.58 11.85 0.82 10.78 17.10% 0.17% 0.29%
1.34 9.26 10.82 1.56 18.25 -45.81% 0.67% 0.30%
3.80 16.80 19.21 1.36 29.80 NA 2.60% 5.09%
2.00 10.79 14.11 3.31 25.33 22.23% 2.93% 7.64%
1.41 4.09 5.54 1.73 43.79 13.83% 7.59% 0.26%
0.87 7.43 11.07 2.37 17.40 9.11% 2.63% 6.56%
1.38 7.70 16.14 1.46 12.96 3.66% 8.25% -0.80%
2.72 5.73 18.77 1.30 22.08 -3.22% 46.14% 20.29%
3.43 12.30 20.39 1.36 55.40 4.20% 23.86% 13.79%
0.64 7.19 12.90 1.17 21.75 8.46% 3.75% 1.62%
1.34 8.03 12.51 2.62 17.57 10.69% 5.75% 6.62%
0.59 4.76 7.58 1.21 33.35 12.77% 4.48% 0.62%
3.52 10.37 18.95 1.68 23.03 4.94% 30.78% 18.82%
3.13 8.15 29.54 1.40 263.95 15.00% 20.60% 0.48%
0.90 6.84 12.31 1.25 37.88 14.22% 3.10% 8.84%
10.64 19.20 42.23 1.88 36.58 61.60% 3.41% -4.80%
7.15 33.80 140.56 1.30 13.73 23.16% 26.99% 16.22%
4.38 6.97 10.70 0.82 21.51 215.51% 0.97% -5.56%
1.44 10.74 19.01 2.05 18.37 11.92% 1.47% -0.49%
1.90 12.32 21.27 3.86 21.26 18.90% 4.72% 6.29%
1.04 8.11 8.86 1.04 7.52 -0.61% 0.35% 0.21%
3.50 13.79 24.41 NA 30.27 0.81% 6.81% 5.55%
0.94 11.21 17.84 5.12 11.74 12.94% 1.92% 1.57%
1.64 10.97 14.98 19.28 27.48 6.89% 2.31% 0.45%
1.16 10.84 13.80 2.40 18.93 17.75% 6.71% 11.93%
0.70 9.31 16.77 3.73 18.48 2.07% 2.34% 1.71%
0.39 7.50 20.16 2.69 12.67 0.07% 2.69% 0.86%
3.32 23.40 53.91 6.11 38.96 -1.18% 5.54% 1.13%
0.95 7.34 14.60 3.88 15.49 7.89% 2.24% 1.73%
0.72 5.02 8.86 1.04 28.85 16.35% 5.56% 0.62%
3.71 8.92 12.45 3.72 77.82 16.87% 14.04% 15.43%
1.94 6.74 8.04 3.52 17.63 24.91% 4.41% 3.60%
1.70 9.20 18.43 1.17 7.79 18.46% 15.25% 16.46%
2.76 17.49 23.91 9.30 30.10 19.46% 0.42% -1.57%
5.90 16.22 21.43 4.30 48.65 6.33% 17.48% 13.88%
6.69 18.98 42.57 14.04 70.27 10.31% 4.79% 25.68%
6.99 20.21 29.57 8.03 109.84 11.27% 6.58% 9.77%
0.64 5.15 7.13 1.39 6.67 20.93% 3.55% 2.26%
2.12 5.82 20.31 1.44 11.58 1.58% 21.49% 2.12%
3.37 14.07 18.97 4.07 51.47 17.41% 3.37% 10.47%
2.58 7.11 14.00 1.75 21.22 1.80% 13.77% 12.71%
4.32 10.08 10.78 28.74 17.11 15.52% 3.44% 3.70%
1.16 8.29 13.78 4.66 17.67 7.99% 7.08% 3.68%
5.17 10.71 14.14 3.56 35.65 2.90% 15.26% 5.05%
1.30 8.19 15.79 2.01 8.56 6.69% 19.78% 14.73%
3.69 12.40 21.49 1.96 17.90 5.72% 27.49% 15.21%
7.35 15.85 23.71 3.05 76.63 7.81% 45.80% 41.85%
2.71 14.77 23.48 2.66 35.33 -24.07% 6.15% 4.64%
2.20 11.31 18.16 3.18 36.26 8.62% 6.52% 4.79%
Equity
Reinvestmen Dividend Reinvestmen
t Rate ROE Payout Ratio t Rate
15.18% 22.55% 99.12% 99.12%
77.74% 32.01% 38.06% 38.06%
62.77% 27.62% 14.68% 14.68%
70.23% 11.32% 59.70% 59.70%
110.14% 7.32% 80.58% 80.58%
68.44% 20.40% 16.70% 16.70%
NA 8.42% 34.08% 34.08%
NA 11.48% 27.21% 27.21%
26.09% 25.34% 19.56% 19.56%
41.71% 24.29% 117.74% 117.74%
92.85% 82.32% 14.15% 14.15%
12558.91% 11.46% 23.42% 23.42%
123.59% 19.57% 18.22% 18.22%
45.10% 20.11% 26.08% 26.08%
-9.84% 36.40% 10.32% 10.32%
52.78% 29.23% 17.89% 17.89%
4.44% 5.02% 83.11% 83.11%
62.54% 16.73% 33.33% 33.33%
-88.11% 21.78% 11.93% 11.93%
3.34% 16.46% 63.37% 63.37%
-0.60% 33.65% 25.77% 25.77%
89.37% 22.72% 30.17% 30.17%
15.13% 9.23% 24.57% 24.57%
306.39% -1.57% 0.13% 0.13%
-3.53% 12.55% 98.10% 98.10%
45.46% 11.16% 4.24% 4.24%
102.97% 18.97% 66.70% 66.70%
NA -33.49% 0.00% 0.00%
189.46% 4.16% 58.80% 58.80%
157.90% 9.33% 16.69% 16.69%
26.03% 21.71% 20.01% 20.01%
34.64% 17.95% 36.08% 36.08%
208.08% 13.31% 35.72% 35.72%
105.39% 0.12% 19.75% 19.75%
108.57% 19.49% 34.87% 34.87%
77.10% 27.62% 30.38% 30.38%
74.81% 6.33% 55.10% 55.10%
432.94% 5.63% 149.32% 149.32%
167.67% 6.15% 50.68% 50.68%
53.24% 16.73% 24.81% 24.81%
83.38% 10.95% 7.56% 7.56%
79.36% 17.04% 8.34% 8.34%
88.62% 13.84% 58.95% 58.95%
51.59% 31.85% 30.94% 30.94%
9.78% 13.42% 102.34% 102.34%
18.22% 30.29% 22.46% 22.46%
14.43% -1.49% 0.28% 0.28%
7.12% 11.93% 20.75% 20.75%
9.62% 14.03% 24.62% 24.62%
34.11% 16.18% 33.61% 33.61%
90.27% 17.24% 31.11% 31.11%
9.27% 16.62% 31.42% 31.42%
113.15% 17.35% 48.50% 48.50%
-4.44% 11.82% 58.96% 58.96%
185.69% 8.98% 23.25% 23.25%
114.10% 6.75% 157.94% 157.94%
51.03% 10.19% 46.59% 46.59%
78.91% 27.34% 28.16% 28.16%
20.25% 8.45% 41.71% 41.71%
119.37% 9.27% 66.78% 66.78%
121.63% -2.95% 0.07% 0.07%
171.50% -2.30% 0.92% 0.92%
-20.16% 9.49% 130.47% 130.47%
305.83% 5.36% 0.00% 0.00%
89.78% 18.28% 5.81% 5.81%
-5.90% 15.87% 15.79% 15.79%
88.73% 9.03% 92.55% 92.55%
20.97% 16.74% 4.93% 4.93%
52.45% 0.13% 44.53% 44.53%
35.37% 41.49% 3.68% 3.68%
6.39% 95.94% 40.64% 40.64%
198.10% 22.71% 21.79% 21.79%
46.74% 14.10% 59.13% 59.13%
48.29% 41.64% 12.24% 12.24%
36.31% 29.66% 0.66% 0.66%
41.09% 24.37% 34.20% 34.20%
-4.00% 8.23% 31.07% 31.07%
73.74% 23.01% 34.31% 34.31%
50.05% 26.22% 21.16% 21.16%
201.99% 10.30% 6.73% 6.73%
-22.12% 16.54% 49.12% 49.12%
85.63% 15.31% 0.00% 0.00%
284.29% 5.52% 0.00% 0.00%
103.56% 13.47% 58.53% 58.53%
64.79% 27.10% 15.53% 15.53%
40.96% 27.69% 0.78% 0.78%
106.98% 2.24% 302.59% 302.59%
79.43% 36.99% 38.89% 38.89%
17.03% -2.52% 69.47% 69.47%
62.77% 45.36% 29.32% 29.32%
16.47% 51.74% 15.08% 15.08%
198.30% 29.77% 7.08% 7.08%
106.69% 12.17% 63.65% 63.65%
198.73% 15.57% 65.23% 38.97%
60.50% 15.57% 38.97% 38.97%
58.77% 16.88% 41.33% 41.33%