145.9
Revenue¥M
161.1
172.0
181.8
192.8
207.9
226.3
237.4
251.1
263.3
281.4
157.0
6.24%
6.65%
80
23.41
Revenue growth%
15.91
15.85
18.14
15.72
14.17
14.08
12.76
13.84
12.29
10.46
16.72
12.76
14.13
47
21.62
Gross margin%
9.07
10.78
12.36
10.88
12.62
13.69
14.45
11.54
13.08
10.85
26.52
13.08
11.95
20
8.15
Operating margin%
14.73
12.74
14.22
14.78
11.96
10.24
9.33
10.09
10.92
12.22
5.67
10.24
12.09
85
15.67
Net margin%
16.77
13.99
15.92
14.26
14.72
14.78
13.18
15.06
12.76
15.59
13.60
14.78
14.75
58
25.81
P/E ratio (avg)x
26.26
27.64
26.48
25.35
25.66
29.21
33.54
38.04
41.23
47.18
13.83
38.04
28.43
7
8.547
EV/EBITx
25.40
27.22
27.80
25.88
27.94
30.05
27.57
27.45
28.73
25.96
18.08
27.57
27.51
38
21.36
FCF yield (avg)%
3.85
0.98
3.16
5.84
5.94
8.06
7.77
7.64
6.69
7.54
19.07
7.64
6.31
84
6.08
FCF margin%
5.64
2.77
0.84
1.55
3.91
5.97
8.69
9.79
11.77
12.63
2.98
9.79
5.80
83
1.303
FCF / Net incomex
0.644
0.658
0.690
0.766
0.777
0.762
0.745
0.712
0.750
0.858
0.870
0.750
0.747
18
3.37
ROIC%
24.30
24.90
25.86
24.84
25.33
26.79
25.26
22.36
23.40
22.79
10.06
23.40
24.87
24
3.50
Return on equity%
15.56
13.61
11.38
12.41
15.35
13.14
10.92
8.14
11.05
9.62
5.14
10.92
11.89
89
3.60
Return on assets%
21.22
19.92
19.83
20.88
19.83
22.24
24.80
26.87
24.85
25.00
7.69
24.85
21.73
46
0.23
EPS¥
0.18
0.19
0.20
0.19
0.21
0.23
0.21
0.21
0.24
0.26
0.25
4.70%
4.99%
—
16.94
EPS growth%
10.43
11.24
10.94
8.18
9.73
10.36
9.59
11.32
12.47
14.76
10.69
11.32
10.69
36
0.15
Bookvalue per sh¥
0.08
0.10
0.10
0.11
0.11
0.11
0.12
0.11
0.12
0.13
0.23
3.97%
3.99%
—
0.05
FCF per share¥
0.15
0.14
0.12
0.11
0.10
0.11
0.11
0.12
0.11
0.12
0.14
4.33%
(2.39%)
—
0.29
Dividend per sh¥
0.16
0.15
0.14
0.13
0.12
0.12
0.10
0.10
0.09
0.09
0.29
(4.95%)
(4.45%)
—
2.77
Div yield (avg)%
4.84
6.54
8.85
6.98
8.68
9.99
7.32
10.21
11.35
10.41
2.82
10.21
8.76
13
3.02
Payout ratio%
9.32
7.69
5.24
5.07
3.44
5.92
3.56
1.05
2.21
2.58
10.41
2.58
4.31
50
474.1
Shares (diluted)M
544.1
529.3
610.5
660.5
678.6
684.8
664.5
675.8
774.4
735.7
458.6
1.63%
2.76%
84
5.50
Buyback yield%
3.81
1.94
0.49
0.65
0.89
0.76
2.73
0.40
2.06
1.35
7.56
1.35
1.12
75
1.175
D/E ratiox
1.194
1.205
1.213
1.321
1.275
1.246
1.352
1.494
1.450
1.564
0.835
1.450
1.298
66
286.6
Enterprise value¥M
166.2
179.6
188.3
196.7
203.2
210.6
246.5
263.9
265.6
309.9
304.1
8.81%
6.50%
37
44.56
LT debt¥M
78.35
83.08
89.25
85.35
92.84
97.47
95.95
88.62
101.2
100.8
27.19
1.65%
2.31%
10
Revenue
¥281.4M
6.65%
1.00×
Cost of revenue
¥197.0M
6.65%
1.00×
Operating expenses
¥61.52M
6.97%
1.03×
Goodwill & intangibles
17.19%
Cash and investments
15.05%
Spread over hurdle
(6.20%)