107.4
Revenue¥M
105.1
111.7
121.7
129.9
137.8
144.7
151.4
163.3
174.1
116.7
124.7
6.02%
6.56%
65
23.44
Revenue growth%
29.62
31.83
30.02
27.67
24.87
26.94
26.99
24.75
22.86
5.15
25.08
24.87
26.97
70
17.41
Gross margin%
12.12
13.55
15.06
14.36
12.84
12.39
9.64
8.15
9.87
8.66
4.31
9.87
12.25
8
14.21
Operating margin%
28.20
27.24
29.36
30.29
32.14
34.20
32.19
34.49
34.24
29.39
22.16
34.20
31.22
83
28.45
Net margin%
13.72
14.63
17.55
17.06
19.06
17.16
14.23
16.50
13.58
8.60
27.88
16.50
15.57
50
25.34
P/E ratio (avg)x
49.25
53.88
58.69
57.06
65.13
76.25
74.26
78.71
90.40
22.64
34.19
76.25
61.91
66
29.62
EV/EBITx
35.32
36.43
37.72
38.22
41.01
37.88
36.75
33.24
30.16
28.76
30.38
36.75
36.59
73
14.03
FCF yield (avg)%
11.07
8.41
11.15
12.52
13.22
12.12
10.71
10.85
9.33
23.34
19.80
10.85
11.11
90
24.74
FCF margin%
12.29
10.00
11.22
11.54
9.84
7.27
4.35
6.61
8.48
25.85
2.83
7.27
9.92
90
1.371
FCF / Net incomex
1.252
1.312
1.426
1.404
1.384
1.410
1.342
1.445
1.408
1.130
1.356
1.408
1.394
39
21.60
ROIC%
11.08
9.33
7.19
9.39
11.04
10.85
10.08
7.51
6.85
16.77
24.52
10.08
9.74
82
8.78
Return on equity%
12.75
14.29
16.09
15.63
15.36
14.90
16.16
16.35
19.00
28.23
19.12
16.16
15.49
77
24.66
Return on assets%
3.46
2.49
3.20
0.97
2.53
1.05
0.40
0.40
0.48
7.33
7.06
0.48
1.77
6
0.15
EPS¥
0.09
0.08
0.09
0.09
0.09
0.09
0.08
0.08
0.08
0.17
0.17
(2.45%)
(3.64%)
—
23.28
EPS growth%
19.23
21.24
21.91
24.55
25.78
26.00
23.60
26.23
25.54
17.78
28.80
25.78
24.07
32
0.12
Bookvalue per sh¥
0.03
0.03
0.03
0.03
0.03
0.03
0.03
0.03
0.03
0.13
0.06
(0.18%)
(1.79%)
—
0.09
FCF per share¥
0.09
0.09
0.09
0.09
0.10
0.10
0.10
0.09
0.09
0.14
0.16
0.15%
(0.29%)
—
0.02
Dividend per sh¥
0.11
0.10
0.11
0.12
0.11
0.11
0.11
0.12
0.12
0.06
0.09
0.07%
0.67%
—
23.70
Div yield (avg)%
29.13
27.62
26.31
24.45
23.62
21.64
23.07
24.76
22.34
28.99
8.20
23.07
24.61
17
12.79
Payout ratio%
26.56
28.01
28.53
28.19
26.08
26.61
25.82
23.97
22.22
4.80
23.83
25.82
26.32
74
0.389
Shares (diluted)B
0.542
0.648
0.655
0.694
0.696
0.774
0.850
0.996
1.164
0.404
0.407
10.90%
7.90%
55
7.19
Buyback yield%
24.37
23.99
21.92
20.41
22.58
24.50
24.68
27.52
25.43
21.52
7.87
24.68
24.18
34
1.686
D/E ratiox
0.152
0.132
0.114
0.108
0.107
0.117
0.124
0.116
0.114
1.736
0.766
0.116
0.116
65
12.87
Enterprise value¥M
153.6
177.4
205.9
215.1
221.7
252.7
284.6
269.0
287.3
102.2
48.01
5.96%
8.28%
74
111.4
LT debt¥M
212.8
221.9
224.3
258.3
296.8
290.1
332.1
329.1
370.4
135.5
108.3
7.48%
7.64%
39
Revenue
¥174.1M
6.56%
1.00×
Cost of revenue
¥121.5M
6.53%
1.00×
Operating expenses
¥32.18M
5.83%
0.93×
Property and equipment
18.14%
Spread over hurdle
(0.52%)