impuestos 18%

g 1%

2013 2014 2015 2016 2017 2018

EBIT 1705 1834 1965 2061 2202 2355
UAI 1344 1445 1549 1624 1735 1856
TAX 241.9 260.1 278.8 292.3 312.3 334.1
NOPAT 1102.1 1184.9 1270.2 1331.7 1422.7 1521.9
DEP 338 324 310 255 280 266
CAPEX 450 405 365 328 295 266
VARIACION K 228 242 256 272 288 305
FCL 762.1 861.9 959.2 986.7 1119.7 1216.9
perpetuidad 34141.4
FCP + Perp 762.1 861.9 959.2 986.7 1119.7 35358.3

WACC 4.60%
VNA S/31,069.00
dato xebitda 10.4