1.368
Revenue¥B
1.392
1.505
1.572
1.632
1.713
1.836
1.980
2.128
2.210
2.366
1.522
6.67%
6.13%
15
28.51
Revenue growth%
4.00
4.58
5.07
6.99
6.11
3.18
0.40
0.40
0.40
0.40
16.29
0.40
3.59
74
28.32
Gross margin%
13.48
14.74
11.97
10.54
12.63
14.52
15.94
13.42
14.38
16.05
29.24
14.52
13.93
27
22.62
Operating margin%
1.25
2.57
3.58
4.45
6.99
9.65
9.26
7.24
4.56
2.73
24.92
7.24
4.51
86
6.64
Net margin%
28.10
26.77
24.43
23.44
22.49
21.17
19.96
21.37
22.08
19.12
6.95
21.17
22.28
42
9.065
P/E ratio (avg)x
31.39
35.26
41.15
40.69
44.33
45.58
44.92
45.96
49.37
52.38
20.69
45.96
44.63
22
33.06
EV/EBITx
26.45
29.29
29.90
30.76
30.76
27.85
30.02
27.25
29.33
28.75
21.05
28.75
29.31
94
22.61
FCF yield (avg)%
24.09
21.47
23.26
21.51
23.41
26.32
28.70
27.87
26.92
24.33
8.43
26.92
24.21
57
6.68
FCF margin%
21.62
21.60
21.39
22.47
20.98
22.20
21.85
20.56
21.03
18.53
29.39
21.03
21.50
78
1.339
FCF / Net incomex
0.319
0.320
0.304
0.347
0.400
0.447
0.463
0.489
0.563
0.568
1.064
0.489
0.424
7
27.97
ROIC%
15.64
14.16
11.17
9.63
10.79
12.32
9.80
11.76
14.49
12.57
18.33
12.32
12.04
71
7.99
Return on equity%
15.79
14.78
16.02
16.93
15.62
13.26
15.92
13.41
13.28
12.06
20.40
13.28
15.20
51
9.94
Return on assets%
20.69
21.25
23.55
24.84
24.33
24.25
25.26
22.60
23.96
22.63
28.37
23.96
23.75
92
0.98
EPS¥
1.62
1.55
1.38
1.31
1.43
1.53
1.44
1.59
1.52
1.56
1.08
1.64%
0.04%
—
24.55
EPS growth%
12.62
13.90
15.20
14.00
16.54
17.16
15.98
16.52
17.61
15.43
2.51
16.52
15.70
63
1.61
Bookvalue per sh¥
0.70
0.78
0.74
0.81
0.75
0.83
0.83
0.86
0.94
1.08
0.44
7.65%
4.92%
—
1.40
FCF per share¥
0.63
0.60
0.64
0.71
0.67
0.75
0.76
0.85
0.96
1.02
0.54
8.61%
4.07%
—
0.68
Dividend per sh¥
3.23
3.69
4.08
4.92
5.83
6.87
6.85
7.08
7.93
7.94
0.65
6.36%
11.38%
—
27.07
Div yield (avg)%
17.70
18.62
20.68
23.64
26.47
27.73
26.94
28.94
30.48
28.52
9.67
28.52
26.71
47
28.10
Payout ratio%
22.93
21.47
20.61
18.01
16.45
14.30
15.32
17.50
18.25
17.69
24.55
17.50
17.85
84
603.2
Shares (diluted)M
469.4
479.7
409.1
381.6
382.3
377.2
330.3
283.2
264.8
227.9
597.9
(9.83%)
(7.93%)
34
9.20
Buyback yield%
3.74
4.83
4.61
5.19
7.13
5.37
4.97
7.10
6.31
7.90
19.38
6.31
5.28
77
1.457
D/E ratiox
1.749
1.932
2.177
2.484
2.527
2.927
3.132
3.223
3.698
3.797
1.255
3.223
2.727
76
0.715
Enterprise value¥B
3.094
3.501
3.625
4.314
5.040
5.671
6.524
7.112
8.367
8.608
1.362
11.30%
12.00%
8
1.022
LT debt¥B
0.413
0.420
0.413
0.459
0.490
0.501
0.517
0.518
0.580
0.557
1.068
2.62%
2.34%
78
Revenue
¥2.366B
6.13%
1.00×
Cost of revenue
¥1.291B
5.84%
0.97×
Operating expenses
¥320.3M
6.38%
1.02×
Cash and investments
16.07%
Spread over hurdle
(2.78%)