6.125
Revenue¥M
3.338
3.697
3.946
4.358
4.694
5.183
5.657
6.044
6.529
7.182
6.598
8.88%
8.65%
73
14.32
Revenue growth%
23.78
24.65
22.48
22.29
21.27
22.59
23.66
24.72
22.98
21.13
13.08
22.98
22.79
18
18.83
Gross margin%
25.27
26.80
28.75
30.67
32.76
34.03
33.17
33.38
34.16
34.57
25.03
34.03
32.96
86
3.99
Operating margin%
29.27
28.76
31.09
29.07
27.85
26.35
27.69
27.60
27.24
26.47
20.83
27.24
27.77
7
4.32
Net margin%
4.11
1.27
3.25
4.53
4.94
6.04
3.12
2.74
5.16
3.41
29.11
3.41
3.76
81
22.71
P/E ratio (avg)x
21.48
19.50
18.22
17.70
16.58
15.85
14.86
14.02
12.45
11.36
20.71
14.02
16.21
29
16.10
EV/EBITx
22.39
21.21
23.02
24.30
22.71
20.17
19.33
21.04
20.54
21.78
20.70
20.54
21.50
70
18.91
FCF yield (avg)%
27.00
26.24
27.51
28.38
29.76
29.70
26.96
28.73
26.68
27.75
3.87
27.75
27.63
76
10.21
FCF margin%
20.27
18.72
16.43
16.01
17.74
16.06
16.03
17.09
19.00
16.05
7.38
16.06
16.76
55
1.575
FCF / Net incomex
2.163
1.989
1.874
1.704
1.700
1.916
2.174
2.371
2.674
2.546
0.882
2.371
2.076
52
15.88
ROIC%
22.31
19.39
22.07
20.57
19.20
21.07
20.10
22.62
25.10
25.36
19.05
22.62
21.57
44
26.79
Return on equity%
22.99
20.16
19.96
18.47
17.97
17.24
14.29
14.56
14.28
14.92
25.29
14.56
17.60
17
17.94
Return on assets%
22.53
25.17
26.18
25.79
28.48
25.80
24.40
25.91
28.90
30.90
25.68
25.91
25.85
7
0.02
EPS¥
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.29%
(1.65%)
—
11.84
EPS growth%
21.41
20.81
21.23
20.50
21.74
23.53
23.59
25.74
23.58
24.65
3.13
23.59
22.63
60
0.05
Bookvalue per sh¥
0.01
0.01
0.01
—
—
—
—
—
—
—
0.03
(6.28%)
(6.62%)
—
0.03
FCF per share¥
0.04
0.05
0.05
0.05
0.06
0.06
0.06
0.07
0.07
0.07
0.02
5.26%
5.15%
—
0.02
Dividend per sh¥
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
(2.85%)
(2.13%)
—
6.38
Div yield (avg)%
6.27
7.65
7.96
6.03
7.17
4.27
6.06
4.15
3.34
5.29
10.01
4.27
6.05
81
26.72
Payout ratio%
13.55
11.21
11.86
12.54
12.60
11.84
11.37
8.97
10.70
10.15
25.53
10.70
11.60
74
132.5
Shares (diluted)M
149.7
165.5
150.6
146.3
160.1
166.4
159.5
152.0
151.0
151.3
131.2
(1.12%)
(1.11%)
44
22.59
Buyback yield%
22.27
21.56
21.57
20.35
22.77
23.13
24.96
25.75
26.82
26.98
23.66
25.75
22.95
88
1.165
D/E ratiox
0.182
0.197
0.217
0.230
0.255
0.259
0.264
0.266
0.295
0.274
0.609
0.266
0.257
34
4.708
Enterprise value¥M
5.777
6.241
6.848
6.335
7.017
6.527
7.382
6.872
7.111
6.585
1.920
(1.26%)
2.45%
86
7.771
LT debt¥M
7.344
8.420
9.124
9.158
9.064
8.805
9.147
10.78
11.78
13.33
8.662
8.02%
7.75%
61
Revenue
¥7.182M
8.65%
1.00×
Cost of revenue
¥4.651M
8.84%
1.02×
Operating expenses
¥1.362M
8.20%
0.96×
Spread over hurdle
(2.55%)