12.04
Revenue¥M
116.8
124.8
135.6
145.0
151.5
163.1
173.2
184.5
201.5
220.0
12.51
7.74%
7.10%
86
23.64
Revenue growth%
5.76
8.02
10.72
10.39
10.83
9.13
7.74
6.08
5.20
5.27
21.21
6.08
7.88
21
20.72
Gross margin%
4.02
6.82
4.44
4.57
1.62
0.40
0.40
1.22
2.99
1.02
27.34
1.02
2.31
78
5.17
Operating margin%
23.52
24.04
25.27
24.28
22.34
25.00
23.31
22.57
23.94
21.14
8.85
23.31
23.73
35
22.68
Net margin%
6.84
9.13
7.03
4.81
5.85
5.79
3.37
2.47
3.39
2.21
26.62
3.37
5.30
19
7.243
P/E ratio (avg)x
17.95
19.79
21.80
21.31
19.10
18.81
17.04
15.24
15.98
17.02
17.84
17.02
18.38
13
29.41
EV/EBITx
40.59
42.61
47.12
51.85
56.88
64.98
67.33
75.38
78.03
85.10
15.53
75.38
60.93
23
9.39
FCF yield (avg)%
11.74
11.80
9.58
11.27
12.28
13.10
10.53
9.01
9.96
9.39
12.83
9.96
10.90
31
19.07
FCF margin%
10.04
10.76
9.08
8.92
10.84
9.04
10.69
11.25
13.51
12.79
19.66
11.25
10.73
7
0.146
FCF / Net incomex
0.373
0.356
0.341
0.347
0.335
0.322
0.351
0.318
0.282
0.284
0.796
0.318
0.338
19
3.52
ROIC%
1.09
2.71
0.72
0.40
0.40
1.39
2.29
0.40
0.40
2.66
8.88
1.39
0.90
26
19.43
Return on equity%
15.62
18.07
18.00
16.91
17.56
19.88
20.64
18.74
20.01
21.45
11.76
20.01
18.40
11
16.38
Return on assets%
12.73
10.91
8.99
9.78
12.09
12.07
11.61
14.54
16.58
18.79
25.71
14.54
12.08
5
0.10
EPS¥
0.14
0.15
0.16
0.16
0.16
0.19
0.21
0.25
0.24
0.27
0.11
10.42%
7.99%
—
5.36
EPS growth%
3.81
1.80
0.87
3.81
6.56
5.55
3.19
4.31
3.91
6.66
19.02
4.31
3.86
75
0.32
Bookvalue per sh¥
0.26
0.23
0.21
0.21
0.18
0.16
0.17
0.19
0.19
0.21
0.14
2.36%
(1.78%)
—
0.30
FCF per share¥
0.30
0.31
0.34
0.36
0.36
0.43
0.51
0.57
0.56
0.64
0.23
12.08%
8.35%
—
0.29
Dividend per sh¥
0.31
0.30
0.32
0.34
0.39
0.39
0.45
0.44
0.49
0.52
0.05
5.88%
6.32%
—
29.01
Div yield (avg)%
12.84
11.16
13.80
15.18
13.40
13.86
14.00
15.01
15.83
16.44
6.29
15.01
13.93
61
24.30
Payout ratio%
9.46
8.36
9.99
8.58
9.81
7.47
10.27
10.56
11.28
8.28
28.14
10.27
9.63
61
407.7
Shares (diluted)M
340.8
314.5
278.3
251.0
231.7
231.5
201.1
204.7
199.9
202.0
426.6
(2.71%)
(4.67%)
69
29.18
Buyback yield%
0.40
1.29
2.95
0.84
2.33
1.99
0.86
2.40
2.86
2.30
28.35
2.30
2.14
9
0.259
D/E ratiox
1.124
1.165
1.220
1.358
1.487
1.752
1.789
1.962
2.179
2.275
1.240
1.962
1.619
45
111.1
Enterprise value¥M
114.8
111.5
104.2
94.73
98.64
107.7
103.9
106.7
109.1
111.8
237.5
2.54%
(0.64%)
81
130.8
LT debt¥M
295.5
266.4
271.8
242.7
264.1
286.6
295.5
269.5
240.9
251.3
279.3
(0.99%)
(1.43%)
46
Revenue
¥220.0M
7.10%
1.00×
Cost of revenue
¥154.0M
7.10%
1.00×
Operating expenses
¥42.58M
6.70%
0.96×
Property and equipment
18.74%
Cash and investments
15.39%
Spread over hurdle
(2.43%)