159.7
Revenue¥M
110.0
118.1
125.6
133.0
140.9
149.6
157.7
166.3
173.2
178.9
173.0
4.89%
5.53%
38
28.29
Revenue growth%
13.51
15.98
15.36
14.96
14.41
13.13
10.58
7.70
6.08
3.35
22.37
7.70
13.32
75
4.11
Gross margin%
21.18
19.28
18.27
16.45
14.11
14.67
15.63
13.61
12.69
14.10
11.60
14.10
15.15
13
4.10
Operating margin%
12.18
13.22
11.53
11.90
10.48
13.06
15.03
16.66
14.19
13.44
13.99
14.19
13.14
56
2.32
Net margin%
19.30
17.90
20.72
20.45
23.39
24.17
23.73
22.78
22.99
20.26
18.44
22.99
21.75
74
18.54
P/E ratio (avg)x
24.43
26.25
26.78
24.75
23.42
23.92
25.74
26.44
24.59
25.24
27.53
25.24
24.99
6
21.79
EV/EBITx
40.62
40.32
43.07
50.06
59.17
63.51
69.21
74.40
80.76
87.01
10.40
74.40
61.34
29
18.24
FCF yield (avg)%
5.41
2.42
1.54
0.40
2.78
5.27
4.33
3.08
2.96
4.43
11.84
4.33
3.02
64
2.32
FCF margin%
14.42
13.13
11.05
13.66
13.50
14.93
13.09
12.84
10.85
13.09
8.09
13.09
13.11
10
0.915
FCF / Net incomex
0.180
0.196
0.184
0.166
0.150
0.138
0.153
0.135
0.149
0.144
1.483
0.144
0.152
17
4.54
ROIC%
7.86
7.84
6.78
4.41
3.95
6.47
8.62
8.50
8.08
9.93
10.86
8.50
7.85
45
29.90
Return on equity%
5.41
5.52
6.97
6.75
9.17
9.23
7.51
9.71
11.06
12.35
11.60
9.71
8.34
24
14.92
Return on assets%
33.44
35.22
34.36
36.09
38.91
38.64
39.09
40.76
42.72
40.27
16.72
40.27
38.78
78
0.17
EPS¥
0.51
0.57
0.57
0.56
0.55
0.62
0.72
0.81
0.90
1.02
0.18
13.17%
8.84%
—
21.82
EPS growth%
22.88
24.84
24.58
27.03
29.73
29.24
27.96
26.37
28.75
31.05
6.66
28.75
27.49
75
0.07
Bookvalue per sh¥
0.30
0.32
0.32
0.37
0.43
0.48
0.54
0.63
0.76
0.85
0.08
14.85%
12.09%
—
0.18
FCF per share¥
0.42
0.43
0.41
0.43
0.42
0.39
0.39
0.37
0.41
0.41
0.32
(0.22%)
1.07%
—
0.12
Dividend per sh¥
0.18
0.17
0.16
0.16
0.16
0.17
0.18
0.17
0.19
0.21
0.25
6.04%
2.00%
—
3.22
Div yield (avg)%
8.11
6.54
4.84
7.74
7.37
6.04
5.44
5.60
8.25
11.11
8.89
6.04
6.96
22
29.87
Payout ratio%
27.83
30.14
30.71
33.49
30.62
28.58
28.69
26.84
24.62
24.67
9.44
26.84
28.64
94
306.7
Shares (diluted)M
226.7
201.4
193.9
196.4
185.4
168.6
154.2
147.3
153.6
149.1
301.7
(4.26%)
(3.91%)
66
4.97
Buyback yield%
18.88
16.46
17.63
16.47
14.49
14.68
14.35
11.46
9.15
6.24
8.85
11.46
14.59
6
1.502
D/E ratiox
0.851
0.840
0.733
0.738
0.760
0.740
0.650
0.557
0.485
0.429
0.754
0.557
0.735
75
51.02
Enterprise value¥M
103.3
103.9
125.4
134.4
137.2
155.3
188.9
218.5
231.3
272.4
120.2
14.69%
11.20%
19
112.3
LT debt¥M
28.38
28.65
27.43
29.73
29.39
33.47
34.60
37.69
42.24
49.09
11.78
10.80%
7.26%
23
Revenue
¥178.9M
5.53%
1.00×
Cost of revenue
¥79.07M
5.51%
1.00×
Operating expenses
¥37.29M
5.53%
1.00×
Cash and investments
16.63%
Spread over hurdle
11.30%