175.5
Revenue¥M
157.1
167.8
181.6
188.4
201.7
211.5
222.0
229.5
242.5
259.6
194.6
5.17%
5.95%
29
6.81
Revenue growth%
8.49
11.13
11.58
13.45
16.05
14.64
14.94
13.70
11.10
12.33
10.39
13.70
12.89
70
3.32
Gross margin%
0.40
0.40
1.16
2.93
5.15
7.89
10.34
8.77
9.70
11.95
7.58
9.70
6.52
55
17.88
Operating margin%
25.38
26.04
23.17
20.47
21.26
19.61
20.70
21.75
18.89
21.53
3.14
20.70
21.39
93
5.57
Net margin%
5.48
5.77
8.49
11.17
10.87
10.67
11.50
13.73
13.61
13.87
12.64
13.61
11.02
25
18.58
P/E ratio (avg)x
46.78
49.86
56.19
54.61
60.75
71.18
74.98
82.44
96.62
104.4
14.76
82.44
65.97
84
32.67
EV/EBITx
7.209
6.941
7.376
8.158
8.227
8.942
8.941
8.638
8.615
7.808
23.02
8.638
8.192
45
23.66
FCF yield (avg)%
22.67
22.20
23.26
22.37
22.40
21.81
24.19
26.67
25.55
26.99
11.02
25.55
22.96
59
2.15
FCF margin%
3.05
5.20
2.88
2.68
1.33
3.13
6.09
4.24
4.14
2.45
25.34
4.14
3.09
77
0.965
FCF / Net incomex
0.167
0.166
0.161
0.152
0.148
0.143
0.129
0.137
0.124
0.109
1.393
0.129
0.146
48
24.01
ROIC%
7.38
9.79
11.98
11.19
9.76
7.71
7.46
5.10
6.75
5.93
2.09
6.75
7.59
15
5.59
Return on equity%
16.25
13.69
12.42
14.91
13.76
13.15
15.37
17.69
14.91
16.85
22.81
15.37
14.91
94
12.59
Return on assets%
23.88
21.53
23.54
23.49
25.72
23.87
25.47
27.04
29.69
30.58
12.08
27.04
24.67
36
0.28
EPS¥
0.33
0.31
0.32
0.31
0.31
0.29
0.31
0.28
0.27
0.30
0.30
(0.62%)
(1.18%)
—
5.43
EPS growth%
13.78
16.09
16.76
19.05
21.47
19.44
18.88
20.37
19.11
19.80
15.84
19.44
19.08
55
0.05
Bookvalue per sh¥
0.14
0.16
0.19
0.21
0.21
0.24
0.26
0.26
0.29
0.29
0.32
6.37%
9.28%
—
0.06
FCF per share¥
0.11
0.12
0.13
0.14
0.15
0.15
0.14
0.12
0.11
0.10
0.08
(7.82%)
(2.04%)
—
0.05
Dividend per sh¥
0.06
0.07
0.06
0.06
0.06
0.05
0.05
0.05
0.05
0.05
0.34
(6.11%)
(3.61%)
—
20.60
Div yield (avg)%
5.66
4.35
5.04
5.67
4.03
2.73
5.39
6.31
9.22
12.04
14.69
6.31
5.53
20
7.24
Payout ratio%
10.76
11.62
9.68
11.86
9.68
10.80
9.58
11.99
9.57
8.01
27.79
9.58
10.22
24
0.967
Shares (diluted)B
1.067
1.044
1.125
1.166
1.103
1.233
1.324
1.443
1.570
1.796
0.955
10.23%
6.02%
54
20.95
Buyback yield%
25.45
22.57
24.52
24.55
22.56
19.80
20.06
17.85
15.46
17.03
18.56
17.85
21.31
47
0.650
D/E ratiox
0.683
0.688
0.666
0.773
0.927
0.910
1.041
1.149
1.383
1.540
1.759
1.149
0.919
74
81.32
Enterprise value¥M
336.2
305.7
308.7
329.9
321.7
290.5
253.3
275.1
276.8
247.8
285.4
(5.08%)
(2.51%)
14
130.6
LT debt¥M
23.30
21.84
20.78
22.19
20.13
22.33
25.09
25.84
28.73
32.70
162.2
10.19%
4.42%
26
Revenue
¥259.6M
5.95%
1.00×
Cost of revenue
¥146.6M
6.12%
1.02×
Operating expenses
¥40.03M
5.64%
0.97×
Cash and investments
23.69%
Property and equipment
16.80%
Spread over hurdle
21.44%