310.4
Revenue¥M
275.0
285.1
295.4
314.1
338.2
354.8
373.0
401.7
420.6
452.6
330.9
6.00%
5.55%
80
9.38
Revenue growth%
25.81
25.59
25.47
27.01
28.61
26.95
25.13
24.34
24.63
26.71
2.16
25.13
25.70
38
27.71
Gross margin%
9.41
9.79
11.66
12.87
11.01
10.13
9.67
7.36
10.15
12.55
27.97
10.13
10.14
44
18.90
Operating margin%
5.21
6.79
8.39
7.27
7.57
8.38
6.15
3.78
1.14
1.17
7.13
3.78
6.47
83
12.88
Net margin%
15.90
13.66
12.84
12.61
12.96
10.91
10.22
8.09
8.92
10.45
12.38
10.22
11.76
66
19.87
P/E ratio (avg)x
52.58
56.42
52.09
55.06
49.82
54.00
59.85
67.21
65.65
62.99
13.85
62.99
55.74
5
10.14
EV/EBITx
35.95
38.76
39.94
40.40
43.02
40.93
38.69
35.49
37.39
33.31
26.47
37.39
38.72
50
9.09
FCF yield (avg)%
16.41
16.13
15.34
18.06
15.32
13.35
11.25
13.79
13.64
15.23
4.64
13.64
15.27
31
26.25
FCF margin%
25.92
24.72
25.51
23.42
23.84
22.69
24.22
24.66
22.45
21.86
26.62
22.69
24.03
53
0.431
FCF / Net incomex
0.491
0.546
0.538
0.477
0.435
0.400
0.367
0.340
0.360
0.363
1.244
0.363
0.417
50
25.16
ROIC%
17.28
14.71
15.96
18.32
16.97
16.72
16.07
19.01
18.85
17.00
9.45
17.00
16.99
12
27.48
Return on equity%
13.51
10.99
13.21
13.21
11.73
14.45
12.01
14.12
14.75
16.80
4.55
14.45
13.36
55
15.94
Return on assets%
6.48
6.04
4.38
7.20
8.65
9.44
9.29
7.26
7.13
7.56
19.60
7.56
7.23
12
0.38
EPS¥
0.54
0.57
0.58
0.68
0.75
0.78
0.76
0.87
0.94
0.93
0.42
4.56%
6.77%
—
21.24
EPS growth%
35.30
34.58
32.83
33.71
31.53
28.68
28.89
26.28
29.08
27.70
7.39
28.68
30.31
57
0.38
Bookvalue per sh¥
0.43
0.48
0.53
0.58
0.56
0.60
0.58
0.56
0.55
0.58
0.14
0.59%
4.32%
—
0.32
FCF per share¥
0.29
0.29
0.28
0.27
0.27
0.26
0.29
0.33
0.36
0.32
0.34
3.07%
1.54%
—
0.10
Dividend per sh¥
0.58
0.62
0.64
0.74
0.72
0.76
0.82
0.95
1.02
1.05
0.34
7.69%
6.27%
—
16.80
Div yield (avg)%
10.02
9.04
8.80
6.71
9.01
6.88
5.96
5.80
6.29
8.21
10.03
6.29
7.55
70
14.95
Payout ratio%
35.57
37.49
38.35
41.16
40.22
38.51
36.69
39.61
41.25
43.93
20.58
39.61
39.06
12
415.4
Shares (diluted)M
503.6
562.0
648.1
739.0
773.6
833.4
909.0
907.6
897.5
899.6
433.0
3.06%
5.72%
6
7.86
Buyback yield%
5.33
4.54
5.68
5.05
2.69
1.11
2.75
4.47
5.04
5.36
6.19
4.47
4.79
66
0.136
D/E ratiox
1.290
1.292
1.394
1.391
1.319
1.356
1.273
1.424
1.479
1.505
1.691
1.424
1.373
63
63.30
Enterprise value¥M
309.0
355.2
393.2
362.3
334.6
314.3
322.5
340.9
331.4
358.8
22.57
1.40%
0.89%
26
392.5
LT debt¥M
348.6
360.8
411.9
470.1
490.9
556.9
628.5
598.5
561.6
525.5
32.88
1.37%
3.98%
28
Revenue
¥452.6M
5.55%
1.00×
Cost of revenue
¥214.5M
5.51%
1.00×
Operating expenses
¥93.83M
6.11%
1.05×
Cash and investments
20.91%
Spread over hurdle
10.09%