2.968
Revenue¥M
2.847
3.043
3.314
3.512
3.873
4.102
4.450
4.715
5.142
5.631
3.213
7.78%
7.95%
61
27.78
Revenue growth%
23.60
24.47
22.67
24.56
23.60
23.60
24.62
27.09
25.44
23.10
2.39
24.62
24.04
6
4.96
Gross margin%
6.49
5.16
3.68
5.75
4.53
2.20
1.68
3.14
2.61
3.79
20.06
2.61
3.74
30
7.96
Operating margin%
21.90
22.74
19.86
20.08
20.49
20.23
19.85
17.78
16.45
16.56
3.33
17.78
19.97
83
23.18
Net margin%
10.96
13.86
11.10
8.94
7.62
9.38
11.79
12.89
10.44
11.03
11.30
11.03
10.99
67
9.397
P/E ratio (avg)x
24.09
25.95
22.98
21.61
22.53
19.89
20.64
22.27
20.11
20.49
15.83
20.49
21.94
24
10.40
EV/EBITx
25.99
28.78
27.45
30.73
30.33
29.96
33.98
35.28
36.47
37.42
11.33
35.28
30.53
47
27.07
FCF yield (avg)%
13.07
11.85
10.32
12.41
14.42
16.26
13.64
11.59
11.98
9.29
17.74
11.98
12.19
44
28.58
FCF margin%
6.73
4.29
6.60
4.48
5.58
6.73
9.13
9.78
7.09
7.48
2.78
7.48
6.73
92
1.487
FCF / Net incomex
1.016
1.003
1.092
1.216
1.321
1.307
1.263
1.462
1.653
1.866
1.669
1.462
1.285
93
18.97
ROIC%
4.28
5.10
3.62
2.48
0.40
0.40
0.40
0.40
0.40
0.40
18.25
0.40
0.40
76
17.14
Return on equity%
20.65
23.26
25.88
25.68
23.35
26.27
26.76
25.36
23.29
24.49
20.27
25.36
24.92
12
22.05
Return on assets%
29.02
28.11
31.02
29.43
32.31
34.94
33.87
35.78
36.43
36.33
22.52
35.78
33.09
72
0.24
EPS¥
0.34
0.31
0.32
0.32
0.35
0.34
0.33
0.31
0.30
0.33
0.24
(1.12%)
(0.94%)
—
24.80
EPS growth%
26.30
23.54
22.18
24.94
22.50
24.71
24.47
25.10
25.68
23.95
24.62
24.71
24.59
53
0.06
Bookvalue per sh¥
0.34
0.33
0.37
0.35
0.39
0.46
0.48
0.48
0.49
0.51
0.35
5.34%
5.00%
—
0.24
FCF per share¥
0.23
0.23
0.28
0.28
0.29
0.32
0.33
0.32
0.36
0.36
0.30
4.32%
5.63%
—
0.21
Dividend per sh¥
0.33
0.32
0.31
0.28
0.26
0.28
0.32
0.30
0.32
0.32
0.19
4.49%
(1.57%)
—
26.18
Div yield (avg)%
14.00
14.25
16.64
18.85
20.52
21.96
21.68
23.60
24.38
26.35
24.33
23.60
21.10
57
11.89
Payout ratio%
7.24
5.90
5.01
3.38
3.48
2.11
0.40
1.30
3.68
5.90
11.08
2.11
3.58
10
10.94
Shares (diluted)M
14.19
16.50
18.46
17.83
18.11
20.05
21.80
22.83
23.68
27.75
10.98
8.91%
7.09%
9
25.54
Buyback yield%
13.13
13.16
12.38
11.48
10.98
7.99
7.58
6.99
5.59
6.47
2.90
6.99
9.49
74
1.558
D/E ratiox
0.525
0.521
0.522
0.481
0.525
0.565
0.573
0.569
0.505
0.494
1.658
0.565
0.523
33
0.877
Enterprise value¥M
5.305
5.617
5.836
6.067
6.424
6.512
7.022
6.934
7.234
6.813
4.642
1.18%
1.97%
49
4.465
LT debt¥M
4.406
4.058
3.814
3.473
3.832
3.440
3.855
3.577
3.400
3.096
1.966
(4.18%)
(3.47%)
68
Revenue
¥5.631M
7.95%
1.00×
Cost of revenue
¥3.536M
7.57%
0.97×
Operating expenses
¥1.339M
8.42%
1.04×
Property and equipment
18.61%
Spread over hurdle
(4.03%)