1.656
Revenue¥B
1.960
2.029
2.153
2.226
2.388
2.541
2.707
2.803
2.894
3.012
1.700
4.76%
4.98%
30
5.71
Revenue growth%
14.68
17.33
14.58
15.33
14.97
15.36
18.19
15.68
17.38
17.83
15.46
17.38
15.52
66
20.67
Gross margin%
7.64
10.47
10.53
9.52
8.32
8.64
6.75
8.35
5.44
6.91
26.43
6.91
8.34
81
5.43
Operating margin%
11.40
9.13
8.48
7.12
6.32
3.51
3.49
1.56
0.40
0.40
19.03
1.56
4.92
7
29.50
Net margin%
27.46
28.09
27.24
24.39
25.78
24.07
21.53
19.15
18.88
17.48
27.35
19.15
24.23
27
11.91
P/E ratio (avg)x
7.138
8.162
8.702
9.761
9.675
10.63
11.85
13.18
15.48
17.63
28.38
13.18
10.20
61
35.98
EV/EBITx
20.11
21.72
23.25
23.18
26.59
28.94
30.61
33.59
32.36
30.90
24.30
30.90
27.76
20
11.91
FCF yield (avg)%
12.39
9.98
12.22
13.19
14.48
15.22
17.09
14.28
12.69
10.52
3.11
14.28
12.94
43
19.36
FCF margin%
9.01
9.83
10.82
12.21
12.30
14.07
15.73
18.40
19.00
21.92
5.36
18.40
13.18
21
1.091
FCF / Net incomex
1.175
1.214
1.329
1.454
1.494
1.689
1.540
1.591
1.491
1.445
1.103
1.540
1.472
30
19.90
ROIC%
17.41
16.76
18.03
19.18
19.88
21.92
24.70
25.98
25.48
23.86
25.93
24.70
20.90
31
22.46
Return on equity%
4.85
7.58
8.90
6.61
7.18
9.17
8.88
11.19
9.80
10.18
6.09
9.80
8.89
30
6.32
Return on assets%
27.55
24.92
25.69
24.03
25.25
24.29
24.03
25.05
22.33
23.84
9.85
24.03
24.61
13
3.32
EPS¥
2.55
2.87
2.86
2.76
2.88
3.18
2.91
2.94
3.19
3.21
3.63
2.22%
2.81%
—
7.31
EPS growth%
5.92
3.82
3.80
2.66
4.83
7.21
5.61
7.75
5.07
7.70
10.12
7.21
5.34
19
3.22
Bookvalue per sh¥
3.15
3.41
3.04
3.31
3.57
3.75
4.11
4.46
4.82
4.67
2.25
5.54%
3.35%
—
3.39
FCF per share¥
4.04
4.31
4.55
4.53
4.86
5.40
5.25
5.02
4.71
5.01
4.35
0.62%
2.10%
—
4.43
Dividend per sh¥
5.56
5.65
6.54
6.93
7.12
7.54
9.04
8.89
9.63
10.80
4.15
8.68%
8.33%
—
15.97
Div yield (avg)%
22.16
22.97
20.05
21.58
21.66
23.21
26.07
25.96
27.94
29.27
7.33
26.07
23.09
32
3.17
Payout ratio%
18.07
17.58
17.04
18.46
16.90
16.20
17.43
19.08
16.28
14.93
16.52
16.28
17.24
48
404.0
Shares (diluted)M
412.1
414.2
373.1
386.6
394.0
356.5
361.9
336.7
327.5
311.5
422.6
(4.59%)
(3.06%)
20
5.00
Buyback yield%
7.80
8.19
7.00
5.48
2.87
2.25
1.82
3.07
5.64
4.70
20.81
3.07
5.09
51
1.764
D/E ratiox
0.991
0.923
0.889
0.920
0.892
1.029
1.088
1.249
1.166
1.229
1.306
1.166
1.010
47
0.114
Enterprise value¥B
1.798
1.895
2.036
2.075
2.240
2.431
2.450
2.581
2.747
3.095
1.554
6.68%
5.95%
89
2,040
LT debt¥M
582.3
566.0
576.1
630.0
653.1
679.6
755.5
686.8
750.4
677.4
413.9
0.74%
0.92%
50
Revenue
¥3.012B
4.98%
1.00×
Cost of revenue
¥1.662B
4.93%
1.00×
Operating expenses
¥419.8M
4.92%
1.00×
Cash and investments
18.22%
Property and equipment
17.11%
Spread over hurdle
45.13%