AÑO EVA ROA ROE CAPM WACC D/C ICV LN_EVA LN_ROA LN_ROE

2000 13,487 0.0952 0.1535 0.1638 0.1218 0.6131 0.9370 9.50951393 -2.3521171 -1.8739338
2001 13,306 0.0728 0.1050 0.1349 0.1046 0.4419 0.7786 9.49595474 -2.6196026 -2.2536655
2002 43,759 0.0981 0.1406 0.1218 0.0918 0.4340 1.1550 10.6864459 -2.3220429 -1.9615451
2003 40,107 0.0966 0.1243 0.0910 0.0767 0.2875 1.3668 10.5993169 -2.3375794 -2.0848682
2004 51,802 0.0985 0.1228 0.0832 0.0715 0.2473 1.4765 10.8551832 -2.3180959 -2.0971271
2005 55,313 0.0938 0.1213 0.0878 0.0742 0.2933 1.3825 10.9207667 -2.3665517 -2.109354
2006 90,642 0.1281 0.1560 0.0717 0.0663 0.2176 2.1749 11.4146752 -2.0546444 -1.8577824
2007 162,033 0.1449 0.2130 0.0795 0.0663 0.4704 2.6779 11.9955523 -1.9319136 -1.5463538
2008 171,699 0.1060 0.1837 0.0983 0.0742 0.7334 1.8683 12.0534979 -2.2444426 -1.6943731
2009 123,754 0.0845 0.1698 0.1017 0.0715 1.0098 1.6697 11.7260494 -2.4709657 -1.7729355
2010 174,067 0.0607 0.1443 0.0969 0.0637 1.3761 1.4888 12.067194 -2.801651 -1.9361972
2011 135,759 0.0579 0.1126 0.0844 0.0600 0.9439 1.3340 11.8186349 -2.8484491 -2.1837602
2012 196,491 0.0592 0.1089 0.0694 0.0534 0.8396 1.5691 12.1883739 -2.8264736 -2.2169225
2013 197,388 0.0315 0.0600 0.0621 0.0486 0.9055 0.9661 12.1929269 -3.4586311 -2.8139077
2014 209,977 0.0349 0.0801 0.0817 0.0537 1.2954 0.9792 12.254755 -3.3560129 -2.5250996
2015 277,846 0.0158 0.0370 0.0972 0.0629 1.3466 0.3802 12.5348214 -4.150768 -3.2978038
LN_CAPM LN_ WACC LN_D/C LN_ICV

-1.8088691 -2.1050703 -0.4891599 -0.0650647

-2.0034597 -2.2578458 -0.8167516 -0.2502057
-2.1056488 -2.3880801 -0.8346117 0.14410368
-2.3973608 -2.5680353 -1.2464932 0.3124926
-2.4868086 -2.6384833 -1.3972159 0.38968149
-2.4332454 -2.6007875 -1.2265567 0.32389141
-2.6347456 -2.7135924 -1.5252071 0.77696321
-2.5313815 -2.7142722 -0.7540928 0.98502768
-2.3193784 -2.6005546 -0.3101001 0.62500534
-2.2855922 -2.6380795 0.00974228 0.51265665
-2.3341892 -2.753398 0.31924188 0.39799196
-2.4719576 -2.8131222 -0.0577504 0.28819738
-2.6674042 -2.9296786 -0.1748232 0.45048169
-2.779396 -3.024372 -0.0993123 -0.0345117
-2.5041182 -2.9237781 0.25883048 -0.0209814
-2.3306658 -2.7669297 0.29757724 -0.967138
 Costo deuda RAZON DEUDA TOTAL
LN(ROE) LN(ROA) LN( EVA) EVA Ind. LN(WACC) LN(D/C) LN(ICV) Apalancamien = PASIVO /ACTIVO
promedio
to financiero

(1.8739) (2.3521) 9.5095 1.0000 (2.1051) (0.4892) (0.0651) 1.4758 0.0276 0.3801
(2.2537) (2.6196) 9.4960 0.9865 (2.2578) (0.8168) (0.2502) 1.4709 0.0279 0.3065
(1.9615) (2.3220) 10.6864 3.2444 (2.3881) (0.8346) 0.1441 1.4952 0.0187 0.3027
(2.0849) (2.3376) 10.5993 2.9737 (2.5680) (1.2465) 0.3125 1.3938 0.0153 0.2233
(2.0971) (2.3181) 10.8552 3.8408 (2.6385) (1.3972) 0.3897 1.4174 0.0188 0.1983
(2.1094) (2.3666) 10.9208 4.1011 (2.6008) (1.2266) 0.3239 1.3504 0.0625 0.2268
(1.8578) (2.0546) 11.4147 6.7205 (2.7136) (1.5252) 0.7770 1.3956 0.0317 0.1787
(1.5464) (1.9319) 11.9956 12.0136 (2.7143) (0.7541) 0.9850 1.6488 0.0132 0.3199
(1.6944) (2.2444) 12.0535 12.7303 (2.6006) (0.3101) 0.6250 1.7057 0.0242 0.4231
(1.7729) (2.4710) 11.7260 9.1755 (2.6381) 0.0097 0.5127 2.2506 0.0143 0.5024
(1.9362) (2.8017) 12.0672 12.9058 (2.7534) 0.3192 0.3980 2.1596 0.0121 0.5791
(2.1838) (2.8484) 11.8186 10.0656 (2.8131) (0.0578) 0.2882 1.8629 0.0128 0.4856
(2.2169) (2.8265) 12.1884 14.5685 (2.9297) (0.1748) 0.4505 1.9165 0.0104 0.4564
(2.8139) (3.4586) 12.1929 14.6350 (3.0244) (0.0993) (0.0345) 1.1207 0.0114 0.4752
(2.5251) (3.3560) 12.2548 15.5684 (2.9238) 0.2588 (0.0210) 1.2378 0.0119 0.5643
(3.2978) (4.1508) 12.5348 20.6003 (2.7669) 0.2976 (0.9671) 0.4886 0.0169 0.5739
 MULTIPLICADOR Costo de
CAPITAL = ACTIVO Costo deuda Q Tobin ventas en
/PATRIMONIO S/.000

1.6131 0.053334 0.954277 182,110

1.4419 0.036020 1.265025 193,631
1.4340 0.022778 1.933970 223,953
1.2875 0.027048 2.302338 234,283
1.2473 0.024134 2.204780 317,012
1.2933 0.028063 1.555577 386,024
1.2176 0.041300 2.120807 420,755
1.4704 0.037990 2.465190 424,991
1.7334 0.041367 1.352823 479,155
2.0098 0.041576 1.081980 483,382
2.3761 0.039601 1.410682 535,312
1.9439 0.034164 0.633327 553,890
1.8396 0.034336 0.878075 988,604
1.9055 0.033692 0.957177 1,034,762
2.2954 0.032102 0.579916 1,052,072
2.3466 0.037326 0.332227 1,101,889