Documente Academic
Documente Profesional
Documente Cultură
Activos
Caja 2,368 874 2,706 1,469
Cuentas por cobrar 1,392 1,457 1,313 1,357
Otros activos 874 646 510 1,259
Activos corrientes 4,634 2,977 4,529 4,085
-4% -39%
Propiedad planta y equipo 8,010 7,694 4,705 343
Goodwill 14,485 15,042 5,076 3,442
Inversiones por Metodo de participa - 167 2,207 1,247
Otros activos no corrientes 672 521 499 498
Impuestos diferidos 51 79 31 451
Activos no corrientes 23,218 23,503 12,518 5,981
Pasivos
Cuentas por pagar 2448 2086 1569 1629
Ingresos diferidos 901 937 795 224
Otros pasivos corrientes 102 129 95 31
Endeudamiento actual 1111 1644 3 44
Pasivos corrientes 4,562 4,796 2,462 1,928
Patrimonio
Capital 9,589 9,549 5,348 2,723
Ganancias retenidas 7,477 7,201 4,755 -
Perdidas integrales - 4,293 - 3,673 - 877 716
Otros 483 498 - 905
-44% 1% 1% -2% 0%
-34% 0% 0% -6% -198%
-76% -8% 57% -22% 18%
-100% -33% 16% -100%
9% 3% 16% 15% 7% 7%
5% 6% 8% 13% 14% 15%
3% 2% 3% 13% 21% 21%
17% 11% 27% 41% 42% 43%
0% 0%
29% 29% 28% 3% 4% 3%
52% 57% 30% 34% 38% 38%
0% 1% 13% 12% 5% 5%
2% 2% 3% 5% 11% 11%
0% 0% 0% 4% 1% 1%
83% 89% 73% 59% 58% 57%
0%
100% 100% 100% 100% 100% 100%
5% 4% 3%
7% 8% 7%
2% 2% 2%
14% 14% 13%
0%
3% 3% 3%
50% 50% 46%
0%
32% 32% 35%
1% 1% 2%
86% 86% 87%
0%
100% 100% 100%
9% 9% 9%
3% 3% 3%
1% 1% 1%
2% 1% 1%
14% 14% 14%
0%
68% 67% 68%
8% 8% 9%
10% 12% 9%
86% 86% 86%
Analisis Dupont
Rentabilidad 6.9% 12.0% 3.3% 7.6%
Eficiencia 21.7% 21.9% 49.6% 88.5%
Apalancamiento 1.80 1.78 1.20 1.18
ROE Normaliz
14.0% 13.0%
12.0%
10.2%
10.0%
8.0%
8.0%
6.0%
4.7%
4.0%
2.7%
2.0%
2.0%
0.0%
THOMSON PEARSON
NIELSEN THOMSON PEARSON
2017 2018 2016 2017 2018
10.0% 14.8% 7.4% 6.3% 5.8%
10.2% 13.0% 11.8% 9.9% 9.3%
0.1% -1.8% 4.4% 3.6% 3.5%
8.4% 12.5% 5.8% 5.0% 4.4%
ROE Normalizado
13.0%
11.8%
10.2% 9.9%
9.3%
2016
8.0%
2017
2018
4.7%
2.0%
x
Indicador Año Thomson Pearson Nielsen
2016 7% 8% 8%
Margen neto 2017 12% 9.0% 6.7%
(Utilidad/Ventas)
2018 3% 14% 4%
X 2016 22% 89% 67%
Eficiencia 2017 22% 104% 64%
(Ventas/AON)
2018 50% 93% 76%
X 2016 1.80 1.18 2.21
Apalancamiento 2017 1.78 1.09 2.31
(AON/Patrimonio)
2018 1.20 0.98 2.82
2016 2.7% 8.0% 11.8%
= ROE 2017 4.7% 10.2% 9.9%
2018 2.0% 13.0% 9.3%
12086.071 1.31
9226
11094 9%
Indicador Actual Esperado s
Rentabilidad 3.3% 7.6%
Eficiencia 49.6% 71.0%
ROA 1.6% 5.4%
Apalancamiento 1.20 1.33
ROE 2.0% 7.1%
1.6% 5.4%