This report should not be construed as providing investment advice. It is for educational purposes only.  Before making any investment decision, you should always do your own research or consult a investment professional. Estimates Estimates Estimates Power calculations see Aden
While I try to be accurate, I assume no responsibility for any figure in this spreadsheet. Q1 2024
See my website on stocks or see my blog at the following sites.  https://spbrunner.com/stocks.html https://spbrunner.blogspot.com/
TSX: SAP OTC: SAPIF http://www.saputo.com/ Fiscal Yr: Mar 31
Year 31-Mar-13 31-Mar-14 31-Mar-15 31-Mar-16 31-Mar-17 31-Mar-18 31-Mar-19 31-Mar-20 31-Mar-21 31-Mar-22 31-Mar-23 31-Mar-24 31-Mar-25 31-Mar-26 31-Mar-27 31-Mar-28 Value Description #Y Item Total G
Accounting Rules IFRS IFRS IFRS IFRS IFRS IFRS IFRS IFRS IFRS IFRS IFRS IFRS IFRS IFRS IFRS IFRS Accounting Rules
Split Date 9/30/14 Split Date
Split 2 Split
Operating Costs $6,437 $8,213 $9,596 $9,817 $9,873 $10,278 $12,281 $13,476 $12,823 $13,880 $16,290 $15,833 $17,496 82.33% <-Total Growth 10 Operating Costs
Change 5.53% 27.59% 16.85% 2.31% 0.57% 4.10% 19.49% 9.73% -4.84% 8.24% 17.36% -2.81% 10.50% 6.17% <-Median-> 10 Change
Ratio to Revenue 0.88 0.89 0.90 0.89 0.88 0.89 0.91 0.90 0.90 0.92 0.91 0.91 0.92 0.91 <-Median-> 10 Ratio to Revenue
$19,267 <-12 mths 1.08% Estimates last 12 months from Qtr.
Revenue* $7,298 $9,233 $10,658 $10,992 $11,163 $11,543 $13,502 $14,944 $14,294 $15,035 $17,843 $17,342 $19,061 $19,631 $20,145 $20,168 78.85% <-Total Growth 10 Revenue
Increase 5.30% 26.52% 15.43% 3.13% 1.56% 3.40% 16.98% 10.68% -4.35% 5.18% 18.68% -2.81% 9.91% 2.99% 2.62% 0.11% 5.99% <-IRR #YR-> 10 Revenue 78.85%
5 year Running Average $6,371.5 $7,059.4 $8,028.8 $9,022.0 $9,868.5 $10,717.4 $11,571.2 $12,428.4 $13,088.9 $13,863.4 $15,123 $15,891.5 $16,715.0 $17,782.4 $18,804.4 $19,269.4 4.99% <-IRR #YR-> 5 Revenue 27.55%
Revenue per Share $18.56 $23.67 $27.17 $28.00 $28.90 $29.79 $34.60 $36.57 $34.67 $36.08 $42.32 $40.87 $45.56 $46.93 $48.16 $48.21 7.61% <-IRR #YR-> 10 5 yr Running Average 108.19%
Increase 6.60% 27.52% 14.82% 3.05% 3.21% 3.09% 16.14% 5.68% -5.20% 4.07% 17.31% -3.43% 11.49% 2.99% 2.62% 0.11% 6.11% <-IRR #YR-> 5 5 yr Running Average 34.49%
5 year Running Average $15.75 $17.69 $20.32 $22.96 $25.26 $27.51 $29.69 $31.57 $32.91 $34.34 $36.85 $38.10 $39.90 $42.35 $44.77 $45.95 5.31% <-IRR #YR-> 10 Revenue per Share 67.68%
P/S (Price/Sales) Med 1.31 1.28 1.27 1.38 1.48 1.43 1.21 1.08 1.03 0.89 0.72 0.70 0.52 0.51 0.00 0.00 4.50% <-IRR #YR-> 5 Revenue per Share 24.60%
P/S (Price/Sales) Close 1.39 1.18 1.28 1.49 1.59 1.39 1.32 0.91 1.09 0.82 0.83 0.65 0.54 0.58 0.57 0.62 6.98% <-IRR #YR-> 10 5 yr Running Average 96.38%
P/S 10 Year Median  1.10 1.18 1.24 1.27 1.27 1.28 1.28 1.28 1.27 1.27 1.24 1.15 1.06 0.96 0.81 0.71 4.79% <-IRR #YR-> 5 5 yr Running Average 26.37%
*Revenue in M CDN $  P/S Med 20 yr  1.18 15 yr  1.26 10 yr  1.06 5 yr  0.72 -45.17% Diff M/C
-$10,657.7 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $19,061.0
-$14,943.5 $0.0 $0.0 $0.0 $0.0 $19,061.0
-$8,028.8 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $16,715.0
-$12,428.4 $0.0 $0.0 $0.0 $0.0 $16,715.0
-$27.17 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $45.56
-$36.57 $0.00 $0.00 $0.00 $0.00 $45.56
Amount $619.0 <-12 mths 0.00% Estimates Last 12 months from Qtr
Per Share $1.46 <-12 mths 0.00% Estimates Last 12 months from Qtr
Payout Ratio Adj EPS 42.70% 0.00% Estimates Payout Ratio EPS
Adjusted Profit CDN$ $510.6 $567.0 $582.8 $626.9 $731.1 $704.2 $623.6 $724.0 $715.0 $485.0 $755.0 $654.0 $619.0 6.21% <-Total Growth 10 Adjusted Profit CDN$
Return on Equity ROE 22.15% 20.42% 16.37% 15.66% 16.91% 14.68% 11.50% 11.04% 11.10% 7.46% 10.57% 9.28% 8.87% 11.07% <-Median-> 10 Return on Equity ROE
5Yr Median 21.72% 21.72% 20.42% 16.91% 16.37% 15.66% 14.68% 11.50% 11.10% 11.04% 10.57% 9.28% 13.09% <-Median-> 10 5 Yr Median
Basic $2.58 $1.45 $1.48 $1.60 $1.87 $1.82 $1.60 $1.81 $1.74 $1.17 $1.80 $1.54 $1.46 -1.35% <-Total Growth 10 AEPS
AEPS* Dilued $2.55 $1.43 $1.46 $1.58 $1.85 $1.80 $1.59 $1.80 $1.74 $1.17 $1.80 $1.54 $1.46 $1.78 $2.10 $2.40 0.00% <-Total Growth 10 AEPS
Increase 3.24% -43.92% 2.10% 8.22% 16.84% -2.50% -11.67% 13.21% -3.33% -32.76% 53.85% -14.44% -5.19% 21.92% 17.98% 14.29% 10 0 10 Years of Data, EPS P or N 100.00%
5 year Running Average $2.10 $2.02 $1.90 $1.77 $1.62 $1.66 $1.72 $1.76 $1.62 $1.62 $1.61 $1.54 $1.55 $1.74 $1.86 0.00% <-IRR #YR-> 10 AEPS 0.00%
AEPS Yield 9.89% 5.14% 4.19% 3.79% 4.02% 4.35% 3.49% 5.41% 4.60% 3.95% 5.11% 5.78% 5.88% 6.54% 7.71% 8.05% -4.10% <-IRR #YR-> 5 AEPS -18.89%
Payout Ratio 16.08% 31.47% 34.59% 33.86% 31.69% 35.00% 41.19% 37.50% 39.94% 60.68% 40.00% 47.73% 51.71% 42.70% 36.19% 31.67% -2.68% <-IRR #YR-> 10 5 yr Running Average -23.81%
5 year Running Average 17.40% 20.18% 23.87% 28.03% 33.33% 35.16% 35.75% 36.92% 41.54% 42.65% 43.91% 46.89% 47.48% 42.97% 40.63% -2.20% <-IRR #YR-> 5 5 yr Running Average -10.52%
Price/AEPS Median 9.56 21.12 23.69 24.47 23.11 23.75 26.29 22.01 20.58 27.47 17.04 18.70 16.21 13.53 0.05 0.00 22.56 <-Median-> 10 Price/AEPS Median
Price/AEPS High 11.18 26.05 28.52 30.71 25.72 25.31 28.90 22.98 24.17 31.77 20.35 20.75 16.76 0.00 0.00 0.00 24.74 <-Median-> 10 Price/AEPS High
Price/AEPS Low 7.94 16.19 18.86 18.23 20.50 22.19 23.67 21.04 16.99 23.16 13.72 16.65 15.66 13.53 0.00 0.00 19.37 <-Median-> 10 Price/AEPS Low
Price/AEPS Close 10.11 19.47 23.84 26.35 24.86 22.97 28.65 18.49 21.72 25.31 19.56 17.31 17.01 15.30 12.97 12.43 22.35 <-Median-> 10 Price/AEPS Close
Trailing P/AEPS Close 10.92 24.34 28.52 29.04 22.40 25.31 20.94 20.99 17.02 30.09 14.81 16.12 18.65 15.30 14.20 21.70 <-Median-> 10 Trailing P/AEPS Close
Median Values Historical   in order 20.85 23.57 16.82 19.51 P/AEPS 5 Yrs   in order 18.70 20.75 16.65 19.56 -18.19% Diff M/C DPR 75% to 95% best
-$0.41 <-12 mths 0.00% Estimates Last 12 months from Qtr
Difference Basic and Diluted 1.23% 1.10% 1.29% 1.31% 1.08% 1.36% 0.52% 0.68% 0.65% 0.00% 0.67% 0.00% 0.00% 0.66% <-Median-> 10 Difference Basic and Diluted
EPS Basic $1.22 $1.37 $1.55 $1.53 $1.86 $2.21 $1.94 $1.46 $1.53 $0.66 $1.49 $0.63 -$0.41 478.05% <-Total Growth 10 EPS Basic
EPS Diluted* $1.21 $1.35 $1.53 $1.51 $1.84 $2.18 $1.93 $1.45 $1.52 $0.66 $1.48 $0.63 -$0.41 $1.77 $2.05 $2.26 473.17% <-Total Growth 10 EPS Diluted
Increase 29.57% 12.03% 13.33% -1.31% 21.85% 18.48% -11.47% -24.87% 4.83% -56.58% 124.24% -57.43% -165.08% 531.71% 15.82% 10.00% 9 1 10 Years of Data, EPS P or N 90.00%
Earnings Yield 4.67% 4.85% 4.40% 3.63% 4.01% 5.27% 4.24% 4.36% 4.02% 2.23% 4.20% 2.36% -1.65% 6.50% 7.53% 7.56% #NUM! <-IRR #YR-> 10 Earnings per Share -126.80%
5 year Running Average $0.96 $1.10 $1.22 $1.31 $1.49 $1.68 $1.80 $1.78 $1.78 $1.55 $1.41 $1.15 $0.78 $0.83 $1.10 $1.26 -17.95% <-IRR #YR-> 5 Earnings per Share -128.28%
10 year Running Average $0.76 $0.84 $0.94 $1.05 $1.17 $1.32 $1.45 $1.50 $1.54 $1.52 $1.55 $1.47 $1.28 $1.31 $1.33 $1.33 -4.42% <-IRR #YR-> 10 5 yr Running Average -36.34%
* Diluted ESP per share  E/P 10 Yrs 4.02% 5Yrs 2.36% -15.32% <-IRR #YR-> 5 5 yr Running Average -56.45%
-$1.53 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 -$0.41
-$1.45 $0.00 $0.00 $0.00 $0.00 -$0.41
-$1.22 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.78
-$1.78 $0.00 $0.00 $0.00 $0.00 $0.78
Dividends paid in Cash $161.65 $175.32 $197.70 $210 $228 $244 $254.6 $269.7 $204.6 $209.00 $199.00 $245.00 $320.00 61.86% <-Total Growth 10 Dividends paid in Cash
% of Net Income 42.45% 36.38% 37.09% 34.56% 37.93% 33.37% 29.87% 35.71% 35.11% 33.41% 31.81% 39.39% 39.39% 34.83% <-Median-> 0 % of Net Income
Dividend* $0.76 Estimates Dividend*
Increase 0.66% Estimates Increase
Payout Ratio EPS 42.94% Estimates Payout Ratio EPS
Special Dividends $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 <-Median-> 10 Special Dividends
Dividend* $0.41 $0.45 $0.51 $0.54 $0.59 $0.63 $0.66 $0.68 $0.70 $0.71 $0.72 $0.74 $0.76 $0.76 $0.76 $0.76 49.50% <-Total Growth 10 Dividends
Increase 12.33% 9.76% 12.22% 5.94% 9.35% 7.69% 3.97% 3.05% 2.96% 2.16% 1.41% 2.08% 2.72% 0.66% 0.00% 0.00% 25 0 28 Years of data, Count P, N
Average Increases 5 Year Running 10.37% 11.30% 12.32% 9.32% 8.54% 8.00% 5.94% 5.23% 3.76% 2.54% 1.98% 1.78% 1.73% 1.41% 1.11% 0.68% 4.50% <-Median-> 10 5 year Increases
Dividends 5 Yr Running $0.33 $0.37 $0.41 $0.45 $0.50 $0.54 $0.58 $0.62 $0.65 $0.67 $0.69 $0.71 $0.72 $0.74 $0.75 $0.75 76.99% <-Total Growth 10 Dividends 5 Yr Running
Yield H/L Price 1.68% 1.49% 1.46% 1.38% 1.37% 1.47% 1.57% 1.70% 1.94% 2.21% 2.35% 2.55% 3.19% 3.15% 1.82% <-Median-> 10 Yield H/L Price Item
Yield on High  Price 1.59% 1.58% 1.36% 1.28% 1.21% 1.33% 1.44% 1.47% 1.68% 1.69% 1.94% 2.01% 2.36% 3.11% 1.57% <-Median-> 10 Yield on High  Price EPS
Yield on Low Price 2.03% 1.94% 1.83% 1.86% 1.55% 1.58% 1.74% 1.78% 2.35% 2.62% 2.91% 2.87% 3.30% 3.15% 2.10% <-Median-> 10 Yield on Low Price AEPS
Yield on Close Price 1.59% 1.62% 1.45% 1.28% 1.27% 1.52% 1.44% 2.03% 1.84% 2.40% 2.05% 2.76% 3.04% 2.79% 2.79% 2.55% 1.93% <-Median-> 10 Yield on Close Price CFPS
Payout Ratio EPS 34.02% 33.33% 33.01% 35.43% 31.79% 28.90% 33.94% 46.55% 45.72% 107.58% 48.65% 116.67% 0.00% 42.94% 37.07% 33.70% $0.33 <-Median-> 28 DPR EPS FCF 
DPR EPS 5 Yr Running 34.27% 33.30% 33.51% 34.71% 33.42% 32.16% 32.37% 34.57% 36.32% 43.48% 49.08% 61.59% 93.17% 89.10% 67.57% 59.89% $0.33 <-Median-> 24 DPR EPS 5 Yr Running
Payout Ratio CFPS 24.97% 26.75% 25.73% 24.78% 21.05% 30.17% 28.90% 26.60% 26.58% 42.70% 29.62% 26.19% 28.79% 20.88% 0.00% 0.00% $0.25 <-Median-> 28 DPR CF
DPR CF 5 Yr Running 23.70% 24.35% 25.38% 25.86% 24.30% 25.35% 25.85% 26.03% 26.37% 30.12% 30.01% 29.33% 29.78% 27.96% 0.00% 0.00% $0.24 <-Median-> 24 DPR CF 5 Yr Running
Payout Ratio CFPS WC 19.03% 17.37% 18.26% 17.60% 17.07% 19.20% 21.09% 19.39% 18.54% 26.23% 19.98% 19.66% 19.98% 20.88% 0.00% 0.00% $0.19 <-Median-> 28 DPR CF WC
DPR CF WC 5 Yr Running 19.16% 18.16% 17.68% 17.92% 17.78% 17.91% 18.63% 18.86% 19.01% 20.62% 20.76% 20.46% 20.57% 21.07% 25.27% 0.00% $0.19 <-Median-> 24 DPR CF WC 5 Yr Running
Median Values 10 Yr Med 10 Yr Cl 1.82% 1.93% 5 Yr Med 5 Yr Cl 2.35% 2.40% 5 Yr Med Payout 48.65% 28.79% 19.98% 2.27% <-IRR #YR-> 5 Dividends 11.85%
* Dividends per share  10 Yr Med and Cur. 53.17% 44.36% 5 Yr Med and Cur. 18.87% 16.40% Last Div Inc ---> $0.19 $0.19 2.70% 4.10% <-IRR #YR-> 10 Dividends 49.50%
Dividends Growth 15 6.65% <-IRR #YR-> 15 Dividends 162.61%
Dividends Growth 20 8.42% <-IRR #YR-> 20 Dividends 403.33%
Dividends Growth 25 13.77% <-IRR #YR-> 25 Dividends 2416.67%
Dividends Growth 30 12.69% <-IRR #YR-> 27 Dividends
Dividends Growth 5 -$0.68 $0.00 $0.00 $0.00 $0.00 $0.76 Dividends Growth 5
Dividends Growth 10 -$0.51 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.76 Dividends Growth 10
Dividends Growth 15 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.76 Dividends Growth 15
Dividends Growth 20 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.76 Dividends Growth 20
Dividends Growth 25 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.76 Dividends Growth 25
Dividends Growth 30 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.76 Div Yd
 
Historical Dividends Historical High Div 2.87% Low Div 0.68% 10 Yr High 3.26% 10 Yr Low 1.21% Med Div 1.67% Close Div 1.61% Historical Dividends 4.28%
High/Ave/Median Values Curr diff Exp. -2.75% 75.64% Exp. -14.39% 130.66% Cheap 67.13% Cheap 73.08% High/Ave/Median  10.64%
26.48%
Adjusted Historical Dividends Historical High Div 2.87% Low Div 0.68% 10 Yr High 3.26% 10 Yr Low 1.23% Med Div 1.67% Close Div 1.61% Adjusted Historical Dividends 65.88%
High/Ave/Median Values Curr diff Exp. -2.75% 310.45% Exp. -14.39% 126.91% Cheap 67.13% Cheap 73.08% High/Ave/Median  163.93%
Future Dividend Yield Div Yield $0.03 earning in 5 Years at IRR of 2.27% Div Inc. 11.85% Future Dividend Yield Also, assuming the same dividend increases for the future, 
Future Dividend Yield Div Yield 3.49% earning in 10 Years at IRR of 2.27% Div Inc. 25.11% Future Dividend Yield your initial cost would be covered 93.72% based on current 
Future Dividend Yield Div Yield 3.91% earning in 15 Years at IRR of 2.27% Div Inc. 39.94% Future Dividend Yield stock cost of $99.36 CDN$.
Future Dividend Paid Div Paid $0.85 earning in 5 Years at IRR of 2.27% Div Inc. 11.85% Future Dividend Paid Div Pd
Future Dividend Paid Div Paid $0.95 earning in 10 Years at IRR of 2.27% Div Inc. 25.11% Future Dividend Paid $0.85
Future Dividend Paid Div Paid $1.06 earning in 15 Years at IRR of 2.27% Div Inc. 39.94% Future Dividend Paid $0.95
$1.06
Dividend Covering Cost Total Div $3.98 over 5 Years at IRR of 2.27% Div Cov. 14.60% Dividend Covering Cost
Dividend Covering Cost Total Div $7.57 over 10 Years at IRR of 2.27% Div Cov. 27.81% Dividend Covering Cost
Dividend Covering Cost Total Div $11.60 over 15 Years at IRR of 2.27% Div Cov. 42.59% Dividend Covering Cost
Yield if held 5 years 3.32% 3.58% 3.12% 2.84% 2.66% 2.58% 2.17% 1.95% 1.80% 1.66% 1.68% 1.76% 1.91% 2.12% 2.37% 2.48% 1.93% <-Median-> 10 Paid Median Price
Yield if held 10 years 6.01% 6.08% 5.88% 5.28% 4.99% 5.09% 5.21% 4.17% 3.68% 3.23% 2.95% 2.43% 2.18% 1.97% 1.78% 1.78% 3.93% <-Median-> 10 Paid Median Price
Yield if held 15 years 11.54% 9.10% 9.26% 9.24% 8.85% 7.86% 6.86% 6.06% 5.82% 5.84% 4.66% 4.03% 3.46% 3.12% 7.36% <-Median-> 10 Paid Median Price
Yield if held 20 years 15.43% 11.82% 11.24% 10.56% 9.93% 8.80% 7.50% 6.49% 6.15% 10.90% <-Median-> 6 Paid Median Price
Yield if held 25 years 17.26% 12.92% 12.03% 11.15% 17.26% <-Median-> 1 Paid Median Price
Yield if held 30 years See TD Bank, NA
year 35 BMO, EMP, T, JNJ
Cost covered if held 5 years 13.30% 14.50% 12.62% 12.00% 11.32% 11.10% 9.64% 8.91% 8.38% 7.89% 8.08% 8.46% 9.12% 10.28% 11.61% 12.29% 9.01% <-Median-> 10 Paid Median Price Div Yd
Cost covered if held 10 years 37.03% 38.58% 37.40% 35.20% 33.72% 35.18% 37.63% 31.64% 29.17% 26.65% 25.27% 21.34% 19.36% 17.90% 16.63% 16.90% 30.41% <-Median-> 10 Paid Median Price 2.12%
Cost covered if held 15 years 84.11% 70.90% 74.42% 76.70% 77.91% 73.29% 67.18% 62.45% 63.12% 65.73% 53.97% 48.68% 43.63% 40.73% 69.04% <-Median-> 10 Paid Median Price 1.97%
Cost covered if held 20 years 154.51% 125.99% 127.70% 127.37% 125.68% 115.41% 103.52% 94.30% 93.60% 126.68% <-Median-> 6 Paid Median Price 4.03%
Cost covered if held 25 years 237.14% 188.57% 186.76% 182.66% 237.14% <-Median-> 1 Paid Median Price
Cost covered if held 30 years See CCL no sp
Div Gr, Cap Gain Div Gr -100.00% 9/25/06 # yrs -> -106 2006 $9.26 Cap Gain -100.00% Div Gr, Cap Gain
I am earning org yield 2.16% 12/31/14 RRSP Div G Yrly #NUM! Div start $0.20 -2.16% 0.00% I am earning
Div Gr, Cap Gain Div Gr -100.00% 10/22/13 # yrs -> -113 2013 $51.22 Cap Gain -100.00% Div Gr, Cap Gain
I earned org yield 1.80% 12/31/14 TFSA Div G Yrly #NUM! Div start $0.92 -1.80% 0.00% I earned
Yr  Item Tot. Grth
Revenue Growth  $14,943.5 $14,293.9 $15,035.0 $17,843.0 $17,342.0 $19,061.0 $19,267 <-12 mths 1.08% 27.55% <-Total Growth 5 Revenue Growth  27.55%
AEPS Growth $1.80 $1.74 $1.17 $1.80 $1.54 $1.46 $1.46 <-12 mths 0.00% -18.89% <-Total Growth 5 AEPS Growth -18.89%
Net Income Growth $582.8 $625.6 $625.6 $622.0 $265.0 -$176.0 -$159 <-12 mths 9.66% -130.20% <-Total Growth 5 Net Income Growth -130.20%
Cash Flow Growth $1,036.9 $1,078.1 $693.0 $1,025.0 $1,191.0 $1,097.0 5.80% <-Total Growth 5 Cash Flow Growth 5.80%
Dividend Growth $0.68 $0.70 $0.71 $0.72 $0.74 $0.76 $0.76 <-12 mths 0.66% 11.85% <-Total Growth 5 Dividend Growth 11.85%
Stock Price Growth $33.29 $37.79 $29.61 $35.20 $26.65 $24.83 $27.23 <-12 mths 9.67% -25.41% <-Total Growth 5 Stock Price Growth -25.41%
Revenue Growth  $10,657.7 $10,991.5 $11,162.6 $11,542.5 $13,501.9 $14,943.5 $14,293.9 $15,035.0 $17,843.0 $17,342.0 $19,061.0 $19,631 <-this year 2.99% 78.85% <-Total Growth 10 Revenue Growth  78.85%
AEPS Growth $1.46 $1.58 $1.85 $1.80 $1.59 $1.80 $1.74 $1.17 $1.80 $1.54 $1.46 $1.78 <-this year 21.92% 0.00% <-Total Growth 10 AEPS Growth 0.00%
Net Income Growth $607.6 $601.1 $731.1 $852.5 $755.3 $582.8 $625.6 $625.6 $622.0 $265.0 -$176.0 $733 <-this year 516.48% -128.97% <-Total Growth 10 Net Income Growth -128.97%
Cash Flow Growth $769.8 $847.4 $1,073.6 $809.1 $884.5 $1,036.9 $1,078.1 $693.0 $1,025.0 $1,191.0 $1,097.0 $0 <-this year -100.00% 42.50% <-Total Growth 10 Cash Flow Growth 42.50%
Dividend Growth $0.51 $0.54 $0.59 $0.63 $0.66 $0.68 $0.70 $0.71 $0.72 $0.74 $0.76 $0.76 <-this year 0.66% 49.50% <-Total Growth 10 Dividend Growth 49.50%
Stock Price Growth $34.81 $41.64 $45.89 $41.35 $45.55 $33.29 $37.79 $29.61 $35.20 $26.65 $24.83 $27.23 <-this year 9.67% -28.67% <-Total Growth 10 Stock Price Growth -28.67%
Dividends on Shares $15.52 $16.97 $18.27 $19.00 $19.58 $20.16 $20.59 $20.88 $21.32 $21.90 $22.04 $22.04 $22.04 $194.16 No of Years 10 Total Dividends 3/31/14
Share Value $1,012.68 $959.90 $1,377.79 $1,310.22 $1,133.03 $1,165.80 $1,033.27 $826.50 $1,030.08 $778.07 $724.71 $789.67 $789.67 $789.67 $724.71 No of Years 10 Share Value $34.92
Total $918.87 Total Return
Graham Number AEPS $18.34 $15.13 $17.27 $19.04 $21.56 $22.40 $22.29 $25.50 $24.74 $20.27 $26.19 $23.99 $23.41 $25.84 $28.07 $0.00 35.54% <-Total Growth 10 Graham Number AEPS
Increase 6.97% -17.50% 14.13% 10.24% 13.25% 3.87% -0.46% 14.37% -2.98% -18.05% 29.20% -8.38% -2.45% 10.42% 8.62% -100.00% 1.70% <-Median-> 10 Increase
Price/GP Ratio Med 1.33 2.00 2.00 2.03 1.98 1.91 1.87 1.55 1.45 1.59 1.17 1.20 1.01 0.93 1.57 <-Median-> 10 Price/GP Ratio Med
Price/GP Ratio High 1.55 2.46 2.41 2.55 2.20 2.03 2.06 1.62 1.70 1.83 1.40 1.33 1.05 0.00 1.77 <-Median-> 10 Price/GP Ratio High
Price/GP Ratio Low 1.10 1.53 1.59 1.51 1.76 1.78 1.69 1.49 1.20 1.34 0.94 1.07 0.98 0.93 1.41 <-Median-> 10 Price/GP Ratio Low
Price/GP Ratio Close 1.41 1.84 2.02 2.19 2.13 1.85 2.04 1.31 1.53 1.46 1.34 1.11 1.06 1.05 0.97 #DIV/0! 1.49 <-Median-> 10 Price/GP Ratio Close
Prem/Disc Close 40.61% 84.02% 101.57% 118.71% 112.83% 84.64% 104.33% 30.57% 52.78% 46.07% 34.41% 11.07% 6.08% 5.36% -3.00% #DIV/0! 49.42% <-Median-> 10 Graham Price
Graham Number EPS $12.61 $14.70 $17.68 $18.61 $21.53 $24.65 $24.56 $22.88 $23.12 $15.22 $23.75 $15.35 $15.38 $25.77 $27.74 $0.00 -14.98% <-Total Growth 10 Graham Number EPS
Increase 19.84% 16.61% 20.25% 5.28% 15.66% 14.50% -0.35% -6.83% 1.03% -34.14% 55.98% -35.38% 0.19% 67.62% 7.62% -100.00% 0.61% <-Median-> 10 Increase
Price/GP Ratio Med 1.93 2.05 1.96 2.08 1.98 1.73 1.70 1.73 1.55 2.11 1.29 1.88 1.54 0.93 1.73 <-Median-> 10 Price/GP Ratio Med
Price/GP Ratio High 2.26 2.53 2.36 2.61 2.21 1.85 1.87 1.81 1.82 2.44 1.54 2.08 1.59 0.00 1.86 <-Median-> 10 Price/GP Ratio High
Price/GP Ratio Low 1.61 1.57 1.56 1.55 1.76 1.62 1.53 1.66 1.28 1.78 1.04 1.67 1.49 0.93 1.58 <-Median-> 10 Price/GP Ratio Low
Price/GP Ratio Close 2.05 1.89 1.97 2.24 2.13 1.68 1.85 1.45 1.63 1.94 1.48 1.74 1.61 1.06 0.98 #DIV/0! 1.71 <-Median-> 10 Price/GP Ratio Close
Prem/Disc Close 104.55% 89.39% 96.90% 123.73% 113.18% 67.77% 85.46% 45.47% 63.46% 94.48% 48.23% 73.66% 61.49% 5.66% -1.82% #DIV/0! 70.72% <-Median-> 10 Graham Price
Based on EPS 3 Yrs EPS $11.34 $13.10 $15.40 $17.67 $19.20 $21.29 $24.00 $26.76 $25.53 $23.95 $21.47 $21.36 $18.61 $14.58 $15.78 $0.00 20.84% <-Total Growth 10 Based on EPS 3 Yrs EPS
Increase 10.30% 15.50% 17.60% 14.74% 8.61% 10.90% 12.74% 11.50% -4.62% -6.18% -10.35% -0.54% -12.84% -21.66% 8.19% -100.00% 4.04% <-Median-> 10 Increase
Price/GP Ratio Med 2.15 2.31 2.25 2.19 2.22 2.01 1.74 1.48 1.40 1.34 1.43 1.35 1.27 1.65 1.45 <-Median-> 10 Price/GP Ratio Med
Price/GP Ratio High 2.51 2.84 2.70 2.75 2.47 2.14 1.91 1.55 1.65 1.55 1.71 1.50 1.31 0.00 1.68 <-Median-> 10 Price/GP Ratio High
Price/GP Ratio Low 1.78 1.77 1.79 1.63 1.97 1.88 1.57 1.42 1.16 1.13 1.15 1.20 1.23 1.65 1.32 <-Median-> 10 Price/GP Ratio Low
Price/GP Ratio Close 2.27 2.13 2.26 2.36 2.39 1.94 1.90 1.24 1.48 1.24 1.64 1.25 1.33 1.87 1.73 #DIV/0! 1.56 <-Median-> 10 Price/GP Ratio Close
Prem/Disc Close 127.40% 112.57% 125.97% 135.60% 139.05% 94.22% 89.77% 24.39% 48.03% 23.63% 63.93% 24.79% 33.39% 86.73% 72.59% #DIV/0! 0.56 <-Median-> 10 Graham Price
Month, Year Dec-12 Dec-13 Dec-14 Dec-15 Dec-16 Dec-17 Dec-18 Dec-19 Dec-20 Dec-21 Dec-22 Dec-23 Dec-24 Dec-25 Dec-26 Dec-27 27.00 <Count Years> 29 Month, Year
Pre-split '07
Pre-split '14 $50.31 $48.39
Price Close $25.16 $24.20 $34.92 $33.10 $47.51 $45.18 $39.07 $40.20 $35.63 $28.50 $35.52 $26.83 $24.99 $27.23 $27.23 $27.23 -39.74% <-Total Growth 10 Stock Price
Increase 28.90% -3.82% 44.33% -5.21% 43.53% -4.90% -13.52% 2.89% -11.37% -20.01% 24.63% -24.47% -6.86% 8.96% 0.00% 0.00% 22.80 <-Median-> 10 CAPE (10 Yr P/E)
P/E Ratio 21.40 20.63 22.75 27.58 24.94 18.97 23.60 22.96 24.86 44.86 23.78 42.30 -60.56 15.38 13.28 13.22 -9.07% <-IRR #YR-> 5 Stock Price -37.84%
Trailing P/E Ratio 27.73 23.11 25.79 27.22 30.39 22.47 20.89 17.25 26.06 19.48 53.33 18.01 39.41 -66.41 15.38 14.55 -3.29% <-IRR #YR-> 10 Stock Price -28.44%
CAPE (10 Yr P/E) 18.92 19.38 20.10 21.24 22.07 21.66 22.16 22.60 22.99 23.96 24.14 25.24 28.29 26.62 24.79 23.79 -6.99% <-IRR #YR-> 5 Price & Dividend 154.18%
Median 10, 5 Yrs D.  per yr 2.18% 2.08% % Tot Ret 0.00% 0.00% T P/E $24.27 $26.06 P/E:  $24.32 $24.86 -36.75% Diff M/C -1.11% <-IRR #YR-> 10 Price & Dividend 364.17%
Price 15 D.  per yr 2.87% % Tot Ret 46.62% CAPE Diff -32.51% 3.29% <-IRR #YR-> 15 Stock Price 62.54%
Price  20 D.  per yr 3.02% % Tot Ret 36.77% -9.07% 5.20% <-IRR #YR-> 20 Stock Price 175.52%
Price  25 D.  per yr 3.23% % Tot Ret 30.74% 7.28% <-IRR #YR-> 25 Stock Price 479.14%
Price  30 D.  per yr 2.65% % Tot Ret 28.88% 6.53% <-IRR #YR-> 28 Stock Price
Price & Dividend 15 6.17% <-IRR #YR-> 15 Price & Dividend 1079.78%
Price & Dividend 20 8.22% <-IRR #YR-> 20 Price & Dividend 1904.31%
Price & Dividend 25 10.51% <-IRR #YR-> 25 Price & Dividend 4113.01%
Price & Dividend 30 9.18% <-IRR #YR-> 28 Price & Dividend
Price  5 -$40.20 $0.00 $0.00 $0.00 $0.00 $24.99 Price  5
Price 10 -$34.92 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $24.99 Price 10
Price & Dividend 5 -$40.20 $0.70 $0.71 $0.72 $0.74 $25.59 Price & Dividend 5
Price & Dividend 10 -$34.92 $0.54 $0.59 $0.63 $0.66 $0.68 $0.70 $0.71 $0.72 $0.74 $25.59 Price & Dividend 10
Price  15 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $24.99 Price  15
Price  20 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $24.99 Price  20
Price  25 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $24.99 Price  25
Price  30 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $24.99 Price  30
Price & Dividend 15 $0.41 $0.45 $0.51 $0.54 $0.59 $0.63 $0.66 $0.68 $0.70 $0.71 $0.72 $0.74 $25.59 Price & Dividend 15
Price & Dividend 20 $0.41 $0.45 $0.51 $0.54 $0.59 $0.63 $0.66 $0.68 $0.70 $0.71 $0.72 $0.74 $25.59 Price & Dividend 20
Price & Dividend 25 $0.41 $0.45 $0.51 $0.54 $0.59 $0.63 $0.66 $0.68 $0.70 $0.71 $0.72 $0.74 $25.59 Price & Dividend 25
Price & Dividend 30 $0.41 $0.45 $0.51 $0.54 $0.59 $0.63 $0.66 $0.68 $0.70 $0.71 $0.72 $0.74 $25.59 Price & Dividend 30
Month, Year Mar-13 Mar-14 Mar-15 Mar-16 Mar-17 Mar-18 Mar-19 Mar-20 Mar-21 Mar-22 Mar-23 Mar-24 Mar-25 Mar-26 Mar-27 Mar-28 27.00 <Count Years> 29 Month, Year
Pre-split '07
Pre-split '14 $51.58 $55.69
Price Close $25.79 $27.85 $34.81 $41.64 $45.89 $41.35 $45.55 $33.29 $37.79 $29.61 $35.20 $26.65 $24.83 $27.23 $27.23 $29.82 -40.19% <-Total Growth 10 Stock Price
Increase 22.20% 7.97% 25.01% 19.62% 10.21% -9.89% 10.16% -26.92% 13.52% -21.65% 18.88% -24.29% -6.83% 9.67% 0.00% 9.51% 22.80 <-Median-> 10 CAPE (10 Yr P/E)
P/E Ratio 21.40 20.63 22.75 27.58 24.94 18.97 23.60 22.96 24.86 44.86 23.78 42.30 -60.56 15.38 13.28 13.22 -5.70% <-IRR #YR-> 5 Stock Price -25.41%
Trailing P/E Ratio 27.73 23.11 25.79 27.22 30.39 22.47 20.89 17.25 26.06 19.48 53.33 18.01 39.41 -66.41 15.38 14.55 -3.32% <-IRR #YR-> 10 Stock Price -28.67%
CAPE (10 Yr P/E) 18.92 19.38 20.10 21.24 22.07 21.66 22.16 22.60 22.99 23.96 24.14 25.24 28.29 26.62 24.79 23.79 -3.25% <-IRR #YR-> 5 Price & Dividend -14.55%
Median 10, 5 Yrs D.  per yr 2.24% 2.45% % Tot Ret 0.00% 0.00% T P/E $24.27 $26.06 P/E:  $24.32 $24.86 -36.75% Diff M/C -1.08% <-IRR #YR-> 10 Price & Dividend -9.44%
Price 15 D.  per yr 2.98% % Tot Ret 45.88% CAPE Diff -32.51% 3.51% <-IRR #YR-> 15 Stock Price 67.88%
Price  20 D.  per yr 3.06% % Tot Ret 37.18% 5.16% <-IRR #YR-> 20 Stock Price 173.76%
Price  25 D.  per yr 3.26% % Tot Ret 31.00% 7.25% <-IRR #YR-> 25 Stock Price 475.43%
Price  30 6.51% <-IRR #YR-> 28 Stock Price
Price & Dividend 15 6.49% <-IRR #YR-> 15 Price & Dividend 126.96%
Price & Dividend 20 8.22% <-IRR #YR-> 20 Price & Dividend 282.97%
Price & Dividend 25 10.51% <-IRR #YR-> 25 Price & Dividend 715.87%
Price & Dividend 30 9.18% <-IRR #YR-> 28 Price & Dividend
Price  5 -$33.29 $0.00 $0.00 $0.00 $0.00 $24.83 Price  5
Price 10 -$34.81 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $24.83 Price 10
Price & Dividend 5 -$33.29 $0.70 $0.71 $0.72 $0.74 $25.59 Price & Dividend 5
Price & Dividend 10 -$34.81 $0.54 $0.59 $0.63 $0.66 $0.68 $0.70 $0.71 $0.72 $0.74 $25.59 Price & Dividend 10
Price  15 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $24.83 Price  15
Price  20 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $24.83 Price  20
Price  25 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $24.83 Price  25
Price  30 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $24.83 Price  30
Price & Dividend 15 $0.41 $0.45 $0.51 $0.54 $0.59 $0.63 $0.66 $0.68 $0.70 $0.71 $0.72 $0.74 $25.59 Price & Dividend 15
Price & Dividend 20 $0.41 $0.45 $0.51 $0.54 $0.59 $0.63 $0.66 $0.68 $0.70 $0.71 $0.72 $0.74 $25.59 Price & Dividend 20
Price & Dividend 25 $0.41 $0.45 $0.51 $0.54 $0.59 $0.63 $0.66 $0.68 $0.70 $0.71 $0.72 $0.74 $25.59 Price & Dividend 25
Price & Dividend 30 $0.41 $0.45 $0.51 $0.54 $0.59 $0.63 $0.66 $0.68 $0.70 $0.71 $0.72 $0.74 $25.59 Price & Dividend 30
Price H/L Median $24.38 $30.20 $34.59 $38.66 $42.67 $42.75 $41.80 $39.62 $35.81 $32.14 $30.67 $28.80 $23.67 $24.09 9.51% -46.14% <-Total Growth 10 Stock Price
Increase 11.03% 23.87% 14.53% 11.78% 10.36% 0.19% -2.22% -5.20% -9.62% -10.26% -4.57% -6.10% -17.82% 1.80% 2.79% -9.79% <-IRR #YR-> 5 Stock Price -67.42%
P/E Ratio 20.23 22.37 22.60 25.60 23.19 19.61 21.66 27.32 23.56 48.69 20.72 45.71 -57.72 13.61 12.30% -3.72% <-IRR #YR-> 10 Stock Price -46.14%
Trailing P/E Ratio 26.21 25.06 25.62 25.27 28.25 23.23 19.17 20.53 24.70 21.14 46.46 19.46 37.56 -58.76 -7.53% <-IRR #YR-> 5 Price & Dividend -67.42%
P/E on Running 5 yr Average 25.39 27.55 28.37 29.62 28.69 25.41 23.25 22.23 20.07 20.76 21.78 25.08 30.50 29.16 -1.42% <-IRR #YR-> 10 Price & Dividend -12.22%
P/E on Running 10 yr Average 32.19 35.89 36.81 37.00 36.40 32.36 28.88 26.40 23.19 21.18 19.85 19.55 18.50 18.46 20.63 P/E Ratio Historical Median -31.15%
Median 10, 5 Yrs D.  per yr 2.26% 2.30% % Tot Ret -30.04% -161.95% T P/E 23.96 24.70 P/E:  23.37 23.56 Count 25 Years of data
-$39.62 $0.00 $0.00 $0.00 $0.00 $23.67
-$34.59 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $23.67
-$39.62 $0.70 $0.71 $0.72 $0.74 $24.42
-$34.59 $0.54 $0.59 $0.63 $0.66 $0.68 $0.70 $0.71 $0.72 $0.74 $24.42
High Months Feb 13 Mar 14 Feb 15 Mar 16 Jan 17 Oct 17 Mar 19 Jun 19 Jan 20 Jun 21 Feb 23 May 23 Jul 24 Jun 25
Pre-split '07
Pre-split '14 $51.65 $57.03
Price High $25.83 $28.52 $37.25 $41.64 $48.52 $47.48 $45.55 $45.95 $41.36 $42.05 $37.17 $36.63 $31.95 $24.47 -16.59% <-Total Growth 10 Stock Price Stock Price
Increase 7.56% 10.42% 30.63% 11.79% 16.52% -2.14% -4.06% 0.88% -9.99% 1.67% -11.61% -1.45% -12.78% -23.41% -7.01% <-IRR #YR-> 5 Stock Price Stock Price
P/E Ratio 21.43 21.12 24.35 27.58 26.37 21.78 23.60 31.69 27.21 63.71 25.11 58.14 -77.93 13.82 -1.52% <-IRR #YR-> 10 Stock Price Stock Price
Trailing P/E Ratio 27.77 23.66 27.59 27.22 32.13 25.80 20.89 23.81 28.52 27.66 56.32 24.75 50.71 -59.68 21.75 P/E Ratio Historical Median Historical Median
Median 10, 5 Yrs T P/E 26.73 27.66 P/E:  25.74 25.11 16.31 P/E Ratio Historical Low
-$45.95 $0.00 $0.00 $0.00 $0.00 $31.95
-$37.25 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $31.95
Low Months Sep 12 Aug 13 Apr 14 Jul 15 Jun 16 Mar 18 Nov 18 Oct 19 Mar 20 Jan 21 May 22 Mar 24 Jan 25 Apr 25
Price Low $20.24 $23.15 $27.53 $28.80 $37.85 $39.94 $37.64 $37.88 $29.57 $27.10 $24.70 $25.64 $22.86 $24.09 -20.43% <-Total Growth 10 Stock Price
Increase 11.92% 14.35% 18.95% 4.61% 31.42% 5.52% -5.76% 0.64% -21.94% -8.35% -8.86% 3.81% -10.84% 5.38% -9.61% <-IRR #YR-> 5 Stock Price -65.70%
P/E Ratio 16.80 17.14 17.99 19.07 20.57 18.32 19.50 26.12 19.45 41.06 16.69 40.70 -55.76 13.61 -1.84% <-IRR #YR-> 10 Stock Price -20.43%
Trailing P/E Ratio 21.76 19.21 20.39 18.82 25.07 21.71 17.27 19.63 20.39 17.83 37.42 17.32 36.29 -58.76 16.74 P/E Ratio Historical Median
Median 10, 5 Yrs T P/E 20.01 20.39 P/E:  19.48 19.45 11.11 P/E Ratio Historical Low
-$27.53 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $22.86
Free Cash Flow Mkt Sc $645 $240 $408 $550 $688 $900 $1,036
Change -62.80% 70.00% 34.80% 25.09% 30.81% 15.11%
Free Cash Flow WSJ $664 $837 $531 $514 $527 $699 $240 $408 $550 $688 $900 $1,036
Change 26.05% -36.56% -3.20% 2.53% 32.64% -65.67% 70.00% 34.80% 25.09% 30.81% 15.11%
Free Cash Flow MS Old $582.90 $618.0 $752.2 $465.1 $448.5 $460.6 $657 $195 $384 $537
Change
Free Cash Flow MS $467.56 $432.69 $600.00 $660.0 $750.0 $580.0 $550.0 $570.0 $880 $450 $750 $540 $770 $900 $1,036 28.33% <-Total Growth 10 Free Cash Flow
Change 10.00% 13.64% -22.67% -5.17% 3.64% 54.39% -48.86% 66.67% -28.00% 42.59% 16.88% 15.11% 6.20% <-IRR #YR-> 5 Free Cash Flow MS 35.09%
FCF/CF from Op Ratio 0.78 0.78 0.70 0.72 0.62 0.55 0.82 0.65 0.73 0.45 0.70 0.59 #DIV/0! 1.73% <-IRR #YR-> 9 Free Cash Flow MS 28.33%
Free Cash Flow Yield 0.04 0.04 0.04 0.04 0.03 0.04 0.06 0.04 0.05 0.05 0.07 0.08 0.09 4.21% <-Median-> 10 Free Cash Flow Yield
Dividends paid $197.70 $210.00 $228.00 $244.00 $254.60 $269.70 $204.60 $209.00 $199.00 $245.00 $320.00 $317.93 $317.93 61.86% <-Total Growth 10 Dividends paid
Percentage paid 32.95% 31.82% 30.40% 42.07% 46.29% 47.32% 23.25% 46.44% 26.53% 45.37% 41.56% 35.33% 30.69% $0.42 <-Median-> 10 Percentage paid
5 Year Coverage 36.12% 38.79% 36.06% 39.01% 35.53% 35.34% 34.74% 37.86% 35.03% 5 Year Coverage
Dividend Coverage Ratio 3.03 3.14 3.29 2.38 2.16 2.11 4.30 2.15 3.77 2.20 2.41 2.83 3.26 2.39 <-Median-> 10 Dividend Coverage Ratio
5 Year of Coverage 2.77 2.58 2.77 2.56 2.81 2.83 2.88 2.64 2.85 5 Year of Coverage
Market Cap in $M $10,141.6 $10,863.4 $13,653.4 $16,344.6 $17,724.3 $16,019.3 $17,773.5 $13,603.6 $15,582.1 $12,339.6 $14,840.5 $11,308.3 $10,387.3 $11,391.3 $11,391.3 $12,474.8 -31.44% <-Total Growth 10 Market Cap -23.92%
Diluted # of Shares in Millions 400.64 395.35 397.26 397.77 396.03 391.17 391.25 402.45 411.39 414.83 419.23 423.28 423.58 423.28 423.28 423.28 6.62% <-Total Growth 10 Diluted # of Shares in Million
Change -2.27% -1.32% 0.48% 0.13% -0.44% -1.23% 0.02% 2.86% 2.22% 0.84% 1.06% 0.97% 0.07% -0.07% 0.00% 0.00% 0.64% <-IRR #YR-> 10 Change
Difference Diluted/Basic -1.4% -1.3% -1.6% -1.3% -1.3% -1.2% -0.7% -0.5% -0.4% -0.2% -0.1% -0.1% 0.0% -0.1% -0.1% -0.1% 1.03% <-IRR #YR-> 5 Difference Diluted/Basic
Change in Diluted Shares per Year
Basic # of Shares in Millions 395.18 390.25 391.10 392.58 390.97 386.56 388.55 400.33 409.85 414.14 418.62 423.06 423.58 423.06 423.06 423.06 8.30% <-Total Growth 10 Basic
Change -2.00% -1.25% 0.22% 0.38% -0.41% -1.13% 0.52% 3.03% 2.38% 1.04% 1.08% 1.06% 0.12% -0.12% 0.00% 0.00% 0.78% <-Median-> 10 Change
Difference Basic/Outstanding -0.49% -0.03% 0.29% -0.01% -1.21% 0.22% 0.42% 2.08% 0.60% 0.63% 0.71% 0.30% -1.24% -1.12% -1.12% -1.12% 0.36% <-Median-> 10 Difference Basic/Outstanding
Estimates last 12 months from Qtr.
# of Share in Millions 393.24 390.14 392.2 392.5 386.2 387.4 390.2 408.6 412.3 416.7 421.6 424.3 418.3 418.3 418.3 418.3 0.65% <-IRR #YR-> 10 Shares 6.66%
Change -1.22% -0.79% 0.53% 0.08% -1.60% 0.30% 0.72% 4.73% 0.90% 1.07% 1.17% 0.65% -1.41% 0.00% 0.00% 0.00% 0.47% <-IRR #YR-> 5 Shares 2.37%
Cash Flow from Operations $M $645.8 $656.3 $769.8 $847.4 $1,073.6 $809.1 $884.5 $1,036.9 $1,078.1 $693 $1,025 $1,191 $1,097 $1,522.7 $0.0 $0.0 42.50% <-Total Growth 10 Cash Flow
Increase 23.48% 1.63% 17.29% 10.08% 26.69% -24.64% 9.32% 17.23% 3.97% -35.72% 47.91% 16.20% -7.89% 38.81% SO, S. Issu Buy Backs
5 year Running Average $562.0 $599.8 $637.0 $688.5 $798.6 $831.2 $876.9 $930.3 $976.4 $900.3 $943.5 $1,004.8 $1,016.8 $1,105.7 59.62% <-Total Growth 10 CF 5 Yr Running
CFPS $1.64 $1.68 $1.96 $2.16 $2.78 $2.09 $2.27 $2.54 $2.61 $1.66 $2.43 $2.81 $2.62 $3.64 33.61% <-Total Growth 10 Cash Flow per Share
Increase 25.00% 2.44% 16.67% 10.00% 28.76% -24.86% 8.54% 11.94% 3.04% -36.40% 46.20% 15.45% -6.57% 38.81% 3.61% <-IRR #YR-> 10 Cash Flow 42.50%
5 year Running Average $1.39 $1.50 $1.61 $1.75 $2.05 $2.13 $2.25 $2.37 $2.46 $2.23 $2.30 $2.41 $2.43 $2.63 1.13% <-IRR #YR-> 5 Cash Flow 5.80%
P/CF on Med Price 14.84 17.95 17.62 17.91 15.35 20.47 18.44 15.61 13.70 19.32 12.61 10.26 9.02 6.62 2.94% <-IRR #YR-> 10 Cash Flow per Share 33.61%
P/CF on Closing Price 15.70 16.55 17.74 19.29 16.51 19.80 20.09 13.12 14.45 17.81 14.48 9.49 9.47 7.48 0.66% <-IRR #YR-> 5 Cash Flow per Share 3.34%
-40.65% Diff M/C 4.19% <-IRR #YR-> 10 CFPS 5 yr Running 50.80%
Excl.Working Capital CF $201.5 $354.5 $314.6 $345.8 $249.7 $461.9 $327.3 $385.3 $467.9 $435.0 $494.0 $395.0 $484.0 $0.0 $0.0 0.51% <-IRR #YR-> 5 CFPS 5 yr Running 2.59%
Cash Flow from Operations $M WC $847.3 $1,010.8 $1,084.5 $1,193.2 $1,323.3 $1,271.0 $1,211.8 $1,422.2 $1,546.0 $1,128.0 $1,519.0 $1,586.0 $1,581.0 $1,522.7 $0.0 45.79% <-Total Growth 10 Cash Flow less WC
Increase 1.97% 19.30% 7.28% 10.03% 10.90% -3.95% -4.66% 17.36% 8.70% -27.04% 34.66% 4.41% -0.32% -3.69% -100.00% 3.84% <-IRR #YR-> 10 Cash Flow less WC 45.79%
5 year Running Average $692.9 $801.6 $914.0 $993.3 $1,091.8 $1,176.6 $1,216.8 $1,284.3 $1,354.9 $1,315.8 $1,365.4 $1,440.2 $1,472.0 $1,467.3 $1,241.7 2.14% <-IRR #YR-> 5 Cash Flow less WC 11.17%
CFPS Excl. WC $2.15 $2.59 $2.76 $3.04 $3.43 $3.28 $3.11 $3.48 $3.75 $2.71 $3.60 $3.74 $3.78 $3.64 $0.00 4.88% <-IRR #YR-> 10 CF less WC 5 Yr Run 61.06%
Increase 3.23% 20.25% 6.71% 9.95% 12.71% -4.24% -5.34% 12.07% 7.73% -27.81% 33.11% 3.74% 1.11% -3.69% -100.00% 2.77% <-IRR #YR-> 5 CF less WC 5 Yr Run 14.61%
5 year Running Average $1.72 $2.01 $2.31 $2.53 $2.80 $3.02 $3.12 $3.27 $3.41 $3.26 $3.33 $3.46 $3.52 $3.49 $2.95 3.17% <-IRR #YR-> 10 CFPS - Less WC 36.69%
P/CF on Median Price 11.31 11.65 12.51 12.72 12.45 13.03 13.46 11.38 9.55 11.87 8.51 7.70 6.26 1.66% <-IRR #YR-> 5 CFPS - Less WC 8.59%
P/CF on Closing Price 11.97 10.75 12.59 13.70 13.39 12.60 14.67 9.57 10.08 10.94 9.77 7.13 6.57 7.48 #DIV/0! 4.29% <-IRR #YR-> 10 CFPS 5 yr Running 52.16%
*Operational Cash Flow. CF/-WC P/CF Med 10 yr 15.48 5 yr  12.61 P/CF Med 10 yr 11.63 5 yr  8.51 -35.67% Diff M/C 1.48% <-IRR #YR-> 5 CFPS 5 yr Running 7.61%
-$1.96 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $2.62 Cash Flow per Share
-$2.54 $0.00 $0.00 $0.00 $0.00 $2.62 Cash Flow per Share
-$1.61 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $2.43 CFPS 5 yr Running
-$2.37 $0.00 $0.00 $0.00 $0.00 $2.43 CFPS 5 yr Running
-$1,084.5 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $1,581.0 Cash Flow less WC
-$1,422.2 $0.0 $0.0 $0.0 $0.0 $1,581.0 Cash Flow less WC
-$914.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $1,472.0 CF less WC 5 Yr Run
-$1,284.3 $0.0 $0.0 $0.0 $0.0 $1,472.0 CF less WC 5 Yr Run
-$2.76 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $3.78 CFPS - Less WC
-$3.48 $0.00 $0.00 $0.00 $0.00 $3.78 CFPS - Less WC
For banks, use Net Income, not CF
OPM Ratio 8.85% 7.11% 7.22% 7.71% 9.62% 7.01% 6.55% 6.94% 7.54% 4.61% 5.74% 6.87% 5.76% 7.76% -25.51% <-Total Growth 10 OPM
Increase 17.27% -19.67% 1.61% 6.74% 24.75% -27.12% -6.55% 5.92% 8.70% -38.89% 24.63% 19.55% -16.20% 34.78% Should increase  or be stable.
Diff from Median 28% 3% 5% 12% 39% 2% -5% 1% 9% -33% -17% -1% -17% 12% 0.00 <-Median-> 10 OPM
*Operational Profit Margin (CF/Revenue) Ratio OPM 10 Yrs 6.90% 5 Yrs 5.76% should be  zero, it is a   check on calculations
$1,587 <-12 mths 1.38%
Adjusted EBITDA $860.8 $1,020.3 $1,061.7 $1,174.1 $1,289.5 $1,264.7 $1,221.3 $1,467.8 $1,470.9 $1,550 $1,553 $1,509 $1,565 $1,736 $1,873 $1,844 47.40% <-Total Growth 10 Adjusted EBITDA
Change 18.54% 4.06% 10.58% 9.83% -1.92% -3.43% 20.18% 0.21% 5.38% 0.19% -2.83% 3.71% 10.93% 7.89% -1.55% 1.96% <-Median-> 10 Change
EBITDA Margin 11.80% 11.05% 9.96% 10.68% 11.55% 10.96% 9.05% 9.82% 10.29% 10.31% 8.70% 8.70% 8.21% 8.84% 9.30% 9.14% 0.10 <-Median-> 10 EBITDA Margin
Long Term Debt $1,395.9 $1,395.1 $1,516.9 $1,208.3 $1,500.0 $1,420.9 $1,943.9 $3,542.3 $3,277.8 $3,075 $2,944 $2,699 $2,269 $2,269 49.58% <-Total Growth 10 Debt Type
Change 267.46% -0.06% 8.73% -20.34% 24.14% -5.27% 36.81% 82.23% -7.47% -6.19% -4.26% -8.32% -15.93% 0.00% -5.73% <-Median-> 10 Change Lg Term R
Debt/Market Cap Ratio 0.14 0.13 0.11 0.07 0.08 0.09 0.11 0.26 0.21 0.25 0.20 0.24 0.22 0.20 0.20 <-Median-> 10 Debt/Market Cap Ratio Intang/GW
Assets/Current Liabilities Ratio 4.23 3.68 5.77 5.29 6.37 6.19 5.12 5.53 6.12 4.92 4.81 4.55 4.35 4.35 5.20 <-Median-> 10 Assets/Current Liab Ratio Liquidity
Current Liabilities/Asset Ratio 0.24 0.27 0.17 0.19 0.16 0.16 0.20 0.18 0.16 0.20 0.21 0.22 0.23 0.23 0.19 <-Median-> 10 Current Liab/Asset Ratio Liq. + CF
Debt to Cash Flow (Years) 2.16 2.13 1.97 1.43 1.40 1.76 2.20 3.42 3.04 4.44 2.87 2.27 2.07 1.49 2.23 <-Median-> 10 Debt to Cash Flow (Years) Debt Ratio
Leverage
Intangibles $455 $485 $506 $587.0 $662.3 $823.1 $876.2 $1,640.7 $1,516.8 $1,371 $1,371 $1,166 $1,071 $1,071 111.53% <-Total Growth 10 Intangibles D/E Ratio
Goodwill $1,570 $1,955 $2,125 $2,194.1 $2,240.5 $2,417.3 $2,597.6 $3,219.5 $3,066.1 $3,188 $3,188 $3,098 $2,598 $2,598 22.26% <-Total Growth 10 Goodwill
Total $2,024 $2,440 $2,631 $2,781 $2,903 $3,240 $3,474 $4,860 $4,583 $4,559 $4,559 $4,264 $3,669 $3,669 39.44% <-Total Growth 10 Total
Change 89.38% 20.50% 7.86% 5.69% 4.38% 11.63% 7.20% 39.91% -5.71% -0.52% 0.00% -6.47% -13.95% 0.00% 2.19% <-Median-> 10 Change
Intangible/Market Cap Ratio 0.20 0.22 0.19 0.17 0.16 0.20 0.20 0.36 0.29 0.37 0.31 0.38 0.35 0.32 0.30 <-Median-> 10 Intangible/Market Cap Ratio
Current Assets $1,512.6 $1,895.8 $1,925.5 $2,175.8 $2,380.5 $2,422.4 $3,133.8 $4,069.0 $3,947.6 $4,295 $4,851 $4,834 $4,855 $4,855 152.15% <-Total Growth 10 Current Assets
Current Liabilities $1,226.6 $1,725.1 $1,179.4 $1,356.8 $1,193.4 $1,292.8 $1,932.5 $2,493.5 $2,146.0 $2,780 $3,002 $3,133 $3,202 $3,202 171.49% <-Total Growth 10 Current Liabilities
Liquidity Ratio 1.23 1.10 1.63 1.60 1.99 1.87 1.62 1.63 1.84 1.54 1.62 1.54 1.52 1.52 1.62 <-Median-> 10 Ratio
Liq. with CF aft div 1.63 1.38 2.12 2.07 2.71 2.31 1.95 1.94 2.21 1.69 1.86 1.82 1.76 1.89 1.82 <-Median-> 5 Liq. with CF aft div
Liq. with CF aft div (WC) 1.70 1.53 2.19 2.15 2.60 2.40 1.99 1.99 2.26 1.76 1.93 1.86 1.83 1.81 Liq. with CF aft div (WC)
Liq. CF re  Inv+Div  0.68 0.97 1.81 1.51 2.06 1.49 1.08 0.93 1.79 1.19 1.48 1.22 1.28 1.79 1.28 <-Median-> 5 Liq. CF re  Inv+Div 
Curr Long Term Debt $152.40 $393.55 $393.55 $393.55 $393.55 $4.40 $323.40 $0.00 $300.0 $300 $307 $414 $465 $465 $307.0 <-Median-> 5 Curr Long Term Debt
Liquidity Less CLTD 1.41 1.42 2.45 2.26 2.98 1.88 1.95 1.63 2.14 1.73 1.80 1.78 1.77 1.77 1.78 <-Median-> 5 Liquidity Less CLTD
Liq. with CF aft div 1.86 1.78 3.18 2.92 4.04 2.32 2.34 1.94 2.57 1.89 2.07 2.10 2.06 2.21 2.07 <-Median-> 5 Liq. with CF aft div
Assets $5,193.6 $6,356.9 $6,800.3 $7,172.3 $7,596.6 $8,003.0 $9,885.6 $13,793.1 $13,122.8 $13,683 $14,425 $14,260 $13,913 $13,913 104.60% <-Total Growth 10 Assets
Liabilities $2,888.0 $3,517.7 $3,171.7 $3,102.5 $3,273.7 $3,205.3 $4,465.1 $7,234.0 $6,678.8 $7,178 $7,285 $7,210 $6,936 $6,936 118.68% <-Total Growth 10 Liabilities
Debt Ratio 1.80 1.81 2.14 2.31 2.32 2.50 2.21 1.91 1.96 1.91 1.98 1.98 2.01 2.01 1.99 <-Median-> 10 Ratio
Estimates BVPS $0.00 Estimates Estimates BVPS
Estimate Book Value $0.0 Estimates Estimate Book Value
P/B Ratio (Close) #DIV/0! Estimates P/B Ratio (Close)
Difference from 10 year median #DIV/0! Diff M/C Estimates Difference from 10 yr med.
Book Value $2,305.7 $2,839.2 $3,628.6 $4,069.8 $4,322.9 $4,797.7 $5,420.5 $6,559.1 $6,444.0 $6,505.0 $7,140.0 $7,050 $6,977
Non-Control Interest $0 $63 $68 $68 $0 $0 $0 $0 $0 $0 $0 $0 $0
Book Value $2,305.7 $2,776.3 $3,560.9 $4,002.2 $4,322.9 $4,797.7 $5,420.5 $6,559.1 $6,444.0 $6,505.0 $7,140.0 $7,050 $6,977 $6,977 $6,977 95.93% <-Total Growth 10 Book Value
Book Value per share $5.86 $7.12 $9.08 $10.20 $11.19 $12.38 $13.89 $16.05 $15.63 $15.61 $16.94 $16.61 $16.68 $16.68 $16.68 $0.00 83.70% <-Total Growth 10 Book Value per Share
Increase 10.84% 21.37% 27.58% 12.31% 9.77% 10.65% 12.17% 15.55% -2.64% -0.12% 8.49% -1.89% 0.38% 0.00% 0.00% -100.00% -43.59% P/B Ratio Current/Historical Median
P/B Ratio (Median) 4.16 4.24 3.81 3.79 3.81 3.45 3.01 2.47 2.29 2.06 1.81 1.73 1.42 1.44 0.01 #DIV/0! 2.89 P/B Ratio Historical Median
P/B Ratio (Close) 4.40 3.91 3.83 4.08 4.10 3.34 3.28 2.07 2.42 1.90 2.08 1.60 1.49 1.63 1.63 #DIV/0! 6.27% <-IRR #YR-> 10 Book Value per Share 83.70%
Change 10.24% -11.04% -2.01% 6.51% 0.40% -18.56% -1.80% -36.75% 16.59% -21.55% 9.57% -22.83% -7.18% 9.67% 0.00% #DIV/0! 0.77% <-IRR #YR-> 5 Book Value per Share 3.91%
Median 10 year P/B Ratio 3.16 3.24 3.46 3.71 3.80 3.80 3.80 3.80 3.80 3.62 3.23 2.74 2.38 2.18 1.93 #DIV/0! 3.23 <-Median-> 5 Median 10 year P/B Ratio
Leverage (A/BK) 2.25 2.29 1.91 1.79 1.76 1.67 1.82 2.10 2.04 2.10 2.02 2.02 1.99 1.99 2.02 <-Median-> 5 A/BV
Debt/Equity Ratio 1.25 1.27 0.89 0.78 0.76 0.67 0.82 1.10 1.04 1.10 1.02 1.02 0.99 0.99 1.02 <-Median-> 5 Debt/Eq Ratio
Shareholders' Equity (Assets less Liabilities) P/B Ratios 10 yr Med 2.38 5 yr Med 1.81 -31.40% Diff M/C 1.91 Historical Leverage (A/BK)
-$9.08 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $16.68
-$16.05 $0.00 $0.00 $0.00 $0.00 $16.68
Estimates last 12 months from Qtr.
Total Comprehensive Income $490.88 $740.71 $958.29 $669.80 $829.2 $679.4 $787.2 $657.5 $33.5 $212 $775 $133 $386
NCI $0.00 $1.35 $4.78 $0.30 $0.00 $0.00 $0.00 $0.00 $0.00 $0 $0 $0 $0
Shareholders $490.88 $739.36 $953.51 $669.50 $829.20 $679.40 $787.20 $657.50 $33.50 $212 $775 $133 $386 -147.02% <-Total Growth 10 Comprehensive Income
Increase 25.65% 50.62% 28.97% -29.79% 23.85% -18.07% 15.87% -16.48% -94.90% 532.84% 265.57% -82.84% 190.23% 190.23% <-Median-> 5 Comprehensive Income
5 Yr Running Average $379 $438 $593 $649 $736 $774 $784 $725 $597 $474 $493 $362 $308 -8.65% <-IRR #YR-> 10 Comprehensive Income -59.52%
ROE 21.3% 26.6% 26.8% 16.7% 19.2% 14.2% 14.5% 10.0% 0.5% 3.3% 10.9% 1.9% 5.5% -10.10% <-IRR #YR-> 5 Comprehensive Income -41.29%
5Yr Median 18.6% 18.6% 21.3% 21.3% 21.3% 19.2% 16.7% 14.5% 14.2% 10.0% 10.0% 3.3% 3.3% -6.35% <-IRR #YR-> 10 5 Yr Running Average -48.12%
% Difference from Net Income 1.9% 38.7% 56.9% 11.4% 13.4% -20.3% 4.2% 12.8% -94.6% -66.1% 24.6% -49.81% 0.00% -15.73% <-IRR #YR-> 5 5 Yr Running Average -57.51%
Median Values Diff 5, 10 yr 2.1% -49.8% 3.3% <-Median-> 5 Return on Equity
-$953.5 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $386.0
-$657.5 $0.0 $0.0 $0.0 $0.0 $386.0
-$593.5 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $307.9
-$724.6 $0.0 $0.0 $0.0 $0.0 $307.9
Current Liability Coverage Ratio 0.69 0.59 0.92 0.88 1.11 0.98 0.63 0.57 0.72 0.41 0.51 0.51 0.49 0.48   CFO / Current Liabilities
5 year Median 0.76 0.76 0.82 0.88 0.88 0.92 0.92 0.88 0.72 0.63 0.57 0.51 0.51 0.49 0.60 <-Median-> 10 Current Liability Cov Ratio
Asset Efficiency Ratio 16.31% 15.90% 15.95% 16.64% 17.42% 15.88% 12.26% 10.31% 11.78% 8.24% 10.53% 11.12% 11.36% 10.94% CFO / Total Assets
5 year Median 16.31% 16.31% 16.31% 16.31% 16.31% 15.95% 15.95% 15.88% 12.26% 11.78% 10.53% 10.53% 11.12% 10.94% 11.6% <-Median-> 10 Return on Assets 
Return on Assets ROA 9.28% 8.39% 8.94% 8.38% 9.62% 10.65% 7.64% 4.23% 4.77% 4.57% 4.31% 1.86% -1.27% 5.27% Net  Income/Assets Return on Assets
5Yr Median 10.58% 10.58% 9.28% 8.94% 8.94% 8.94% 8.94% 8.38% 7.64% 4.77% 4.57% 4.31% 4.31% 4.31% 4.7% <-Median-> 10 Asset Efficiency Ratio
Return on Equity ROE 20.90% 19.20% 17.06% 15.02% 16.91% 17.77% 13.93% 8.89% 9.71% 9.62% 8.71% 3.76% 0.00% 10.51% Net Inc/ Shareholders' equity Return on Equity
5Yr Median 18.86% 19.20% 19.20% 18.09% 17.06% 17.06% 16.91% 15.02% 13.93% 9.71% 9.62% 8.89% 8.71% 8.71% 9.7% <-Median-> 10 Return on Equity
-$159 <-12 mths 9.66% Estimates Last 12 months from Qtr
Net Income $481.92 $533.97 $612.87 $601.40 $731.1 $852.5 $755.3 $582.8 $625.6 $626 $622 $265 -$176
Non-Control Interest $0.00 $0.87 $5.26 $0.30 $0.00 $0.00 $0.00 $0.00 $0.00 $0 $0 $0 $0
Shareholders  $481.9 $533.1 $607.6 $601.1 $731.1 $852.5 $755.3 $582.8 $625.6 $625.6 $622.0 $265.0 -$176.0 $733.0 $834.0 $879.5 445.23% <-Total Growth 10 Net Income
Increase 26.54% 10.62% 13.98% -1.07% 21.63% 16.61% -11.40% -22.84% 7.34% 0.00% -0.58% -57.40% -166.42% 516.48% 13.78% 5.46% EPS/CF Ratio should not be higher than 1.00
5 Yr Running Average $395.1 $445.9 $490.9 $520.9 $591.0 $665.1 $709.5 $704.6 $709.5 $688.4 $642 $544 $392 $413.9 $455.6 $507.1 #NUM! <-IRR #YR-> 10 Net Income -128.97%
Operating Cash Flow $645.79 $656.31 $769.82 $847.40 $1,073.60 $809.10 $884.50 $1,036.90 $1,078.10 $693 $1,025 $1,191 $1,097 #NUM! <-IRR #YR-> 5 Net Income -130.20%
Investment Cash Flow -$1,625.00 -$672.15 -$166.44 -$441.70 -$317.80 -$722.90 -$1,506.60 -$2,494.90 -$387.40 -$799 -$632 -$652 -$285 -2.21% <-IRR #YR-> 10 5 Yr Running Average -20.06%
Total Accruals $1,461.13 $548.93 $4.23 $195.40 -$24.70 $766.30 $1,377.40 $2,040.80 -$65.10 $732 $229 -$274 -$988 -11.04% <-IRR #YR-> 5 5 Yr Running Average -44.30%
Total Assets $5,193.64 $6,356.89 $6,800.25 $7,172.30 $7,596.60 $8,003.00 $9,885.60 $13,793.10 $13,122.80 $13,683 $14,425 $14,260 $13,913 Balance Sheet Assets
Accruals Ratio 28.13% 8.64% 0.06% 2.72% -0.33% 9.58% 13.93% 14.80% -0.50% 5.35% 1.59% -1.92% -7.10% -0.50% <-Median-> 5 Ratio
EPS/CF Ratio (WC) 0.56 0.52 0.55 0.50 0.54 0.66 0.62 0.42 0.41 0.24 0.41 0.17 0.00 0.41 <-Median-> 10 EPS/CF Ratio
-$607.6 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 -$176.0
-$582.8 $0.0 $0.0 $0.0 $0.0 -$176.0
-$490.9 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $392.4
-$704.6 $0.0 $0.0 $0.0 $0.0 $392.4
Change in Close 22.20% 7.97% 25.01% 19.62% 10.21% -9.89% 10.16% -26.92% 13.52% -21.65% 18.88% -24.29% -6.83% 9.67% 0.00% 9.51% Count 29 Years of data
up/down down down  down  down  down  down  up Count 14 48.28%
Meet Prediction?       yes % right Count 17 121.43%
Financial Cash Flow $868.76 $4.93 -$572.89 -$338.60 -$679.8 -$204.1 $606.1 $1,643.8 -$704.7 -$72 -$369 -$343 -$1,030 C F Statement  Financial Cash Flow
Total Accruals $592.4 $544.0 $577.1 $534.0 $655.1 $970.4 $771.3 $397.0 $639.6 $803.6 $598.0 $69.0 $42.0 Accruals
Accruals Ratio 11.41% 8.56% 8.49% 7.45% 8.62% 12.13% 7.80% 2.88% 4.87% 5.87% 4.15% 0.48% 0.30% 4.15% <-Median-> 5 Ratio
Cash $43.18 $39.35 $72.57 $164.30 $250.5 $122.2 $112.7 $319.4 $308.7 $165 $263 $466 $257 $257 Cash
Cash per Share $0.11 $0.10 $0.19 $0.42 $0.65 $0.32 $0.29 $0.78 $0.75 $0.40 $0.62 $1.10 $0.61 $0.61 $0.62 <-Median-> 5 Cash per Share
Percentage of Stock Price 0.43% 0.36% 0.53% 1.01% 1.41% 0.76% 0.63% 2.35% 1.98% 1.34% 1.77% 4.12% 2.47% 2.26% 1.98% <-Median-> 5 % of Stock Price
Notes:
June 25, 2025. Last estimates were for 2024, 2025, 2025 of $18109M, $18634M, $18555M for Revenue, $1.84, $2.20, $2.02 AEPS, $1.63, $2.09, $2.02 EPS, 
$0.77, $0.83, $0.86 Dividends, $929M, $1046M, $1142M FCF, $3.45, $3.64 2024/5 CFPS, $1729M, $1917M, $1762M EBITDA, $722M, $900M, $847M Net Income.
Jun 22, 2024.  Last estimates were for 2024, 2025 of $17919M, $18553M for Revenue, $1.81, $2.24, $2.70 2024/6 AEPS, $1.88, $2.11 EPS, 
$0.74, $0.80 Dividends, $3.28, $3.45, $3.64 2024/6 CFPS, $1644M, $2066M Ad EBITDA, $77M, $922M Net Income.
June 24, 2023.  Last estimates were for 2023 and 2024 of $16479M, $17255M for Revenue, $1.66 and 2.15 for AEPS, $1.59 and $2.38 for EPS, 
$0.74 and $0.84 for dividends, $465M, $969M for FCF, and $624M and $467M for Net Income.
June 26, 2022.  Last estimates were for 2022, 2023 and 2024 of $14715M, $15379M and $16005M for Revenue, $1.65, $2.01 amd $2.38 for EPS, 
$0.70 and $0.76 for Dividends for 2022-23, $495 and $900 for FCF 2022-23, $2.88 for CFPS for 2022 and $586M, $639M for 2022-23 for Net Income.
June 24, 2021.  Last estimates were for 2021 and 2022 of $15079M and $15900M for Revenue, $1.39 and 1.67 for EPS, 
$0.71 and $0.74 for Dividends, $765M and $816M for FCF, $2.88 for CFPS for 2021 and $594M and $684M for Net Income.
June 23, 2020.  Last estimates were for 2020 and 2021 of $14944M, $15655M for Revenue, $1.69 and $2.03 for EPS, 
$0.69 and $0.72 for Div, $2.88 for CFPS for 2020 and $693M and $789M for Net Income.
June 26, 2019.  Last estimates were for 2019, 2020 and 2021 of $13926M, $14656M and $14975M for Revenue, $2.08, $2.37 and $2.38 for EPS, 
$2.10 and $2.88 for CFPS for 2019 and 2020 and $801M and $876M for Net Income for 2019 and 2020.
June 20, 2018.  Last estimates were for 2018, 2019 and 2020 of $11754M, $12116M and $12144M for Revenue, $2.11, $2.26 and $2.41 for EPS, 
$2.40 and $2.74 for CFPS for 2018 and 2019 and $823M and $867M for Net Income for 2018 and 2019.
June 24, 2017.  Last estimates were for 2017, 2018 anmd 2019 of $11163M, $11651M and $11534M for Revenue, $1.80, $1.99 and $2.13 for EPS, 
$2.21, $2.46 and $2.57 for CFPS and $720M and $760M for Net Income.
July 12, 2015.  Last estimates were for 2015, 2016 and 2017 of $10129M, $19360M and $10509M for Revenue, $3.25, $3.50 and $3.68 for EPS, 
$4.38, $4.40 and $4.55 for CFPS and $619.87M and $657.87M for Net Income for 2015 and 2016.
July 9, 2014.  Last estimates were for 2014 to 2016 of $8843M, $8964M and $8997M for Revenue, $3.14, $3.41 and $3.32 for EPS, $4.21 and $4.55 (2014 and 2015) for CFPS.
June 8, 2013.  Last estimates were for 2013 and 2014 of $7106M and $7372M for Revenue, $2.62 and $2.85 for EPS.
In 2013 went into debt to buy Moringstar
June 16, 2012.  Last estiamtes were for 2012 and 2013 at $6725M and $6861M for Revenue, $2.53 and $2.73 for EPS and $3.08 and $3.22 for CF.
July 2, 2011.  Last I looked I got estimates for 2011 and 2012 of $2.02 and $2.33 for EPS and $2.59 and $2.95 for CF.
Jun 8, 2010.  When I last looked at this stock, I got estimates for 2009 and 2010 of $1.55 and $1.80 for earnings and $2.09 and $2.33 for CF.
Jul 13, 2009. When I last look at this stock, I got earnings estimate of $1.40 and $1.60 for Mar 2009 and 2010 year ends.  Earnings for 2009 were $1.37; estimate for 2010 lowered to $1.55.
AP 2008 - Stock is doing well.  Accrual Ratio is rather high at 12.86%.
AP 2007 - Revenue is not increasing much, but earnings are going up.  Besides revenue increase, stock is OK.
This stock was first issued in 1997 for $17 per share.
Canadian dairy company founded in 1954 by the Saputo family. 
Sector:
Conssumer Staple; Consumer
What should this stock accomplish?
Would I buy this company and Why.
I already own this company
Why am I following this stock. 
This was a stock on Mike Higgs' Canadian Dividend Growth Stock list and on the dividend lists that I followed.  I bought this stock first in 2006 for my RRSP account.  
Because I am now taking money from my RRSP accounts, I have been selling this stock because of the low dividend.  I still like this stock so I have been buying it in my TFSA.
Why I bought this stock.
Dividends
Dividends are paid quarterly in Cycle 3, which is  June, September,  December, and March  Dividends are generally declared for shareholders and paid to shareholders that month.  
For example, the dividend declared for shareholders of record of September 5, 2013 was paid on September 16, 2013.  Note June dividend is often paid in July.
Misson Statement or closes thing I can find.
What I am looking for is a statement that the company wants to do well by their customers, employees, and community and and thereby earn shareholders a reasonable return.
For customers 
For employees 
For community 
For investors 
How they make their money.
Saputo is a global dairy processor domiciled in Canada with operations in the United States, Europe, and other international markets like 
Australia and Argentina.  Saputo also competes in foodservice and industrials, which houses its ingredients business.
Shares; '%, Value $M %, Val $M Shares %, Val $M Shares %, Val $M Shares %, Val $M Shares %, Val $M Shares %, Val $M Shares %, Val $M Shares %, Val $M Shares %, Val $M Update this each year?? Change
Date 2017 Jun 20 2018 Jun 26 2019 Jun 23 2020 Jun 21 2021 Jun 26 2022 Jun 24 2023 Jun 22 2024 Jun 24 2025
Colizza, Carl  0.034 0.01% 0.042 0.01% 0.047 0.01% 0.052 0.01% 0.076 0.02% 45.42%
CEO - Shares - Amount $1.001 $1.482 $1.241 $1.385 $1.876
Options - percentage 0.734 0.18% 0.846 0.20% 0.923 0.22% 1.134 0.27% 1.930 0.46% 70.27%
Options - amount $21.731 $29.766 $24.587 $30.213 $47.931
Therrien, Maxime 0.021 0.01% 0.021 0.01% 0.026 0.01% 0.040 0.01% 0.044 0.01% 0.046 0.01% 0.055 0.01% 0.062 0.01% 11.78%
CFO - Shares - Amount $0.951 $0.705 $0.985 $1.181 $1.560 $1.232 $1.472 $1.534
Options - percentage 0.346 0.09% 0.424 0.10% 0.539 0.13% 0.615 0.15% 0.705 0.17% 0.773 0.18% 0.928 0.22% 1.107 0.26% 19.35%
Options - amount $15.754 $14.127 $20.385 $18.221 $24.807 $20.590 $24.727 $27.497
Gagnon, Martin 0.026 0.01% 0.031 0.01% 19.24%
Officer - Shares - Amount $0.692 $0.768
Options - percentage 0.530 0.12% 0.667 0.16% 25.75%
Options - amount $14.134 $16.560
Brockman, Terry 0.02% 0.000 0.00% 0.083 0.02% 0.104 0.03% 0.104 0.02% 0.104 0.02% 0.104 0.02% 0.105 0.02% 0.106 0.03% 0.97%
Officer - Shares - Amount $3.427 $0.000 $2.774 $3.912 $3.074 $3.654 $2.777 $2.789 $2.624
Options - percentage 0.23% 0.000 0.00% 0.995 0.24% 0.997 0.24% 1.022 0.25% 1.043 0.25% 0.958 0.23% 0.970 0.23% 0.974 0.23% 0.49%
Options - amount $36.689 $0.000 $33.131 $37.674 $30.255 $36.698 $25.526 $25.841 $24.195
Cutts, Leanne 0.003 0.00% 0.020 0.00% 490.91%
Officer - Shares - Amount $0.088 $0.484
Options - percentage 0.183 0.04% 0.341 0.08% 86.40%
Options - amount $4.881 $8.476
Carrière, Louis-Philippe 0.01% 0.046 0.01% 0.046 0.01% 0.046 0.01% 0.046 0.01% 0.046 0.01% 0.046 0.01% 0.046 0.01%
Director - Shares - Amount $1.894 $2.097 $1.539 $1.755 $1.375 $1.635 $1.237 $1.419
Options - percentage 0.16% 0.612 0.16% 0.656 0.16% 0.561 0.14% 0.518 0.12% 0.526 0.12% 0.023 0.01% 1.102 0.26%
Options - amount $26.293 $27.872 $21.844 $21.211 $15.346 $18.517 $0.603 $34.314
Demone, Henry E. 0.00% 0.011 0.00% 0.011 0.00% 0.011 0.00% 0.011 0.00% 0.011 0.00% 0.012 0.00% 0.012 0.00%
Director - Shares - Amount $0.467 $0.515 $0.376 $0.427 $0.335 $0.402 $0.307 $0.362
Options - percentage 0.01% 0.039 0.01% 0.046 0.01% 0.050 0.01% 0.055 0.01% 0.060 0.01% 0.067 0.02% 0.075 0.02%
Options - amount $1.348 $1.786 $1.535 $1.902 $1.633 $2.129 $1.782 $2.322
Fata, Anthony M. 0.013 0.00% 0.013 0.00% 0.013 0.00% 0.00%
Director - Shares - Amount $0.339 $0.406 $0.324
Options - percentage 0.134 0.03% 0.150 0.04% 0.167 0.04% 11.16%
Options - amount $3.578 $4.675 $4.145
King, Annalisa 0.003 0.00% 0.001 0.00% 0.001 0.00% 0.00%
Director - Shares - Amount $0.081 $0.032 $0.026
Options - percentage 0.080 0.02% 0.094 0.02% 0.108 0.03% 15.24%
Options - amount $2.134 $2.917 $2.681
Saputo, Lino Anthony 0.05% 0.179 0.05% 0.179 0.04% 0.179 0.04% 0.199 0.05% 0.199 0.05% 0.199 0.05% 0.199 0.05% 0.199 0.05% 0.03%
Chair  Shares - Amount $7.393 $8.145 $5.954 $6.760 $5.890 $7.004 $5.304 $5.306 $4.945
Options - percentage 0.00% 0.000 0.00% 0.000 0.00% 0.000 0.00% 0.000 0.00% 0.000 0.00% 0.000 0.00% 0.000 0.00% 0.000 0.00% #DIV/0!
Options - amount $0.000 $0.000 $0.000 $0.000 $0.000 $0.000 $0.000 $0.000 $0.000
Saputo, Emanuele 32.80% 127.060 32.56% 127.060 31.09% 129.585 31.43% 132.770 31.86% 134.236 31.84% 135.734 31.99% 135.734 31.99% 164.228 39.26% 20.99%
10 % holder - Shares - Amt $5,253.925 $5,787.576 $4,229.822 $4,897.021 $3,931.323 $4,725.097 $3,617.308 $3,617.308 $4,077.784
Options - percentage 0.00% 0.000 0.00% 0.000 0.00% 0.000 0.00% 0.000 0.00% 0.000 0.00% 0.000 0.00% 0.000 0.00% 0.000 0.00% #DIV/0!
Options - amount $0.000 $0.000 $0.000 $0.000 $0.000 $0.000 $0.000 $0.000 $0.000
Saputo, Francesco 10.33% 40.000 10.25% 40.000 9.79% 42.500 10.31% 42.500 10.20% 42.500 10.08% 42.500 10.02% 42.500 10.02%
10% holder $1,654.000 $1,822.000 $1,331.600 $1,606.075 $1,258.425 $1,496.000 $1,132.625 $1,132.625
Saputo, Joey 0.08% 0.320 0.08% 0.320 0.08% 0.320 0.08% 0.320 0.08% 0.320 0.08% 0.320 0.08% 0.320 0.08% 2.485 0.59% 676.54%
10% holder $13.232 $14.576 $10.653 $12.093 $9.475 $11.264 $8.528 $8.528 $61.701
Jolina Capital 129.585 31.43%
Owns 34% $4,897.021
Increase in O/S Shares 1.621 0.39% 1.685 0.40% 0.366 0.09% 0.032 0.01%
due to SO 2014 $47.990 $59.302 $9.968 $0.873
Book Value $51.000 $55.000 $12.000 $1.000
Insider Buying -$0.352 -$0.535 -$0.716 -$1.432
Insider Selling $9.029 $13.919 $3.354 $0.012
Net Insider Selling $8.677 $13.384 $2.638 -$1.420
% of Market Cap 0.07% 0.09% 0.02% -0.01%
Directors 10 10 10 10 10 10 11 10
Women 50% 5 50% 5 50% 5 50% 5 50% 6 60% 6 60% 6 55% 6 60%
Minorities 10% 1 10% 1 10% 1 10% 1 10% 1 10% 1 10% 2 18% 2 20%
Institutions/Holdings 18.15% 221 18.15% 213 21.42% 20 56.40% 20 12.69% 20 8.95% 20 12.44% 20 12.72% 20 20.53%
Total Shares Held 18.10% 75.477 19.34% 83.727 20.49% 220.526 53.48% 52.366 12.57% 37.309 8.85% 52.479 12.37% 53.968 12.90% 85.440 20.42% using market value
Increase/Decrease 1.28% 0.296 0.39% -0.100 -0.12% -0.720 -0.33% 0.246 0.47% -0.501 -1.33% 0.544 1.05% 4.672 9.48% 0.979 1.16%
Starting No. of Shares Reuters 75.182 Reuters 83.826 Reuters 221.246 Top 20 MS 52.120 Top 20 MS 37.811 Top 20 Funds 51.935 49.296 84.461 shares outstanding
Copyright © 2008 Website of SPBrunner. All rights reserved.
My Stock 17/07/15 -$2,979.99 $29.80 100
Price Shares RRSP Date Cost  Price Shares 03/03/20 -$11,382.99 $37.94 300
% from $131,324.55 Total Value Gain 25/09/06 -$18,511 $9.26 2,000 -$18,511 28/10/20 -$13,576.00 $33.94 400
$0.00 Less Sale of Stock 11/05/07 -$25,282 $9.95 2,400 -$25,282 25/09/06 -$18,511.10 $9.26 2,000
$25.61 200 -$7,932.00 Less Stock Value 09/08/12 $21,568 $21.57 -1,000 -$43,793 11/05/07 -$25,281.99 $10.53 2,400
$24.42 200 50.99% $123,392.55 Dividends Paid #DIV/0! 20/02/13 $29,762 $24.80 -1,200 09/08/12 $21,567.51 $21.57 -1,000
$25.02 400 Average $0.00 Cost of Stock 01/03/13 $15,251 $25.42 -600 20/02/13 $29,762.01 $24.80 -1,200
$26.44 400 $110,670.55 Sale of Stock 21/11/14 $3,293 $32.93 -100 01/03/13 $15,251.01 $25.42 -600
49.01% $118,602.55 Capital Gains/Loss #DIV/0! 21/11/14 $3,303 $33.03 -100 21/11/14 $3,293.01 $32.93 -100
100.00% $241,995.10 Total Return #DIV/0! 21/11/14 $13,212 $33.03 -400 21/11/14 $3,303.00 $33.03 -100
19/02/15 $3,572 $35.72 -100 21/11/14 $13,212.00 $33.03 -400
Start Date 25-Sep-06 Shares 700 19/02/15 $3,562 $35.62 -100 19/02/15 $3,572.00 $35.72 -100
End date 31-May-25 Dividends pd per Share $176.28 19/02/15 $3,572 $35.72 -100 19/02/15 $3,562.01 $35.62 -100
Years 18.68 Div less cost $166.33 28/10/20 $13,576 -$33.94 -400 To Trading 19/02/15 $3,572.00 $35.72 -100
Cost $9.95 31/05/25 $7,932.00 $9.95 4,400 Average 28/10/20 $13,576.00 $33.94 -400
% paid by div 1771.61% 14.30% XIRR $26.44 300 22/10/13 -$5,122.49 $25.61 200
16.71% 07/01/14 -$4,884.99 $24.42 200
2.41% 14.42% 31/05/25 $39,660.00 1,500
Trading Trading 11.82% XIRR 5,200
% from $24,256.00 Total Value Gain Date Cost  Price Shares 15.14% Total Return -3,700
$0.00 Less Sale of Stock 17/07/15 -$2,979.99 $29.80 100 3.32% Dividend Ret. $26.44 1,500
-$21,152.00 Less Stock Value 03/03/20 -$11,382.99 $37.94 300
84.28% $3,104.00 Dividends Paid 11.11% 28/10/20 -$13,576.00 $33.94 400 fr RRSP % from $190,933.56 Total Value Gain
$27,938.98 Cost of Stock 31/05/25 $21,152.00 $34.92 800 Average -$110,670.55 Less Sale of Stock
$0.00 Sale of Stock 0.00% XIRR $26.44 800 -$39,660.00 Less Stock Value
-184.28% -$6,786.98 Capital Gains/Loss -24.29% -2.76% 37.18% $40,603.01 Dividends Paid 49.67%
-100.00% -$3,682.98 Total Return -13.18% -2.76% 100.00% $81,739.55 Cost of Stock
$110,670.55 Sale of Stock
17-Jul-15 Shares 100 62.82% $68,591.00 Capital Gains/Loss 83.91%
31-May-25 Dividends pd per Share $31.04 100.00% $109,194.01 Total Return 133.59%
9.87 Div less cost $1.24
Cost $29.80 Start Date 25-Sep-06 Shares 1,500
% paid by div 104.16% End date 31-May-25 Dividends paid per Share $27.07
Years 18.68 Div less cost $15.48
Cost $11.59
% paid by div 233.55%