2.546
Revenue¥M
1.421
1.522
1.604
1.744
1.825
1.989
2.132
2.309
2.485
2.708
2.711
8.22%
7.42%
21
22.96
Revenue growth%
21.05
20.44
22.00
21.70
23.73
24.86
23.30
21.68
21.09
19.69
8.68
21.68
21.69
83
9.66
Gross margin%
10.92
9.57
7.37
5.50
4.30
4.10
4.21
6.41
8.85
6.29
12.73
6.29
6.35
15
6.37
Operating margin%
2.89
1.02
2.36
1.94
0.40
1.70
3.92
5.54
6.34
8.82
11.48
5.54
2.63
37
23.91
Net margin%
2.42
2.21
1.64
0.40
1.17
0.82
0.40
0.40
0.87
0.40
29.83
0.40
0.84
48
28.34
P/E ratio (avg)x
25.35
24.71
23.09
25.58
24.88
25.36
25.11
23.54
25.11
27.72
27.79
25.11
25.11
86
26.35
EV/EBITx
47.16
49.23
53.86
53.90
62.65
64.43
70.00
80.27
79.43
93.57
22.86
79.43
63.54
85
7.79
FCF yield (avg)%
16.30
17.09
18.92
21.85
19.61
18.51
17.29
16.87
17.58
16.55
27.52
17.29
17.44
5
24.25
FCF margin%
4.81
1.81
0.52
2.89
0.67
0.40
2.30
4.97
2.88
4.18
27.52
2.88
2.59
30
1.365
FCF / Net incomex
0.849
0.942
1.059
1.098
1.165
1.306
1.287
1.435
1.517
1.505
0.393
1.435
1.226
46
24.88
ROIC%
17.78
17.22
18.51
18.42
19.83
19.90
20.95
21.36
21.04
18.21
11.92
20.95
19.17
37
10.77
Return on equity%
13.40
14.52
17.39
14.40
12.24
12.02
12.57
10.44
12.34
11.93
14.58
12.02
12.46
28
28.01
Return on assets%
23.60
24.48
25.07
24.64
26.14
24.59
27.42
28.38
28.39
26.55
20.61
27.42
25.60
85
—
EPS¥
—
—
—
—
—
0.01
0.01
0.01
0.01
0.01
—
6.83%
4.72%
—
19.83
EPS growth%
24.07
26.50
28.64
28.54
27.54
28.22
25.77
27.85
28.30
25.79
6.76
27.85
27.70
67
—
Bookvalue per sh¥
—
—
—
—
—
—
—
—
—
—
—
3.67%
4.09%
—
0.01
FCF per share¥
—
—
—
—
—
—
—
—
—
—
0.01
11.57%
9.80%
—
0.01
Dividend per sh¥
—
—
—
—
—
—
—
—
—
—
0.01
(2.35%)
0.25%
—
12.57
Div yield (avg)%
5.67
7.53
9.57
12.16
12.22
14.17
15.37
17.31
19.30
19.94
24.29
17.31
13.19
6
26.14
Payout ratio%
25.02
25.75
24.61
22.15
19.23
16.90
19.47
22.04
22.05
24.48
11.67
22.04
22.10
72
412.2
Shares (diluted)M
305.7
338.4
345.0
380.1
344.6
306.3
299.7
277.4
291.0
297.4
396.6
(2.90%)
0.09%
78
20.45
Buyback yield%
8.90
10.14
8.77
11.54
12.49
11.74
14.54
11.89
14.04
12.40
23.30
12.40
11.82
24
0.414
D/E ratiox
1.479
1.757
1.683
1.912
1.910
2.213
2.505
2.600
2.816
3.131
1.499
2.600
2.063
55
2.187
Enterprise value¥M
1.776
1.686
1.755
1.819
2.028
2.050
2.175
2.154
2.553
2.924
0.769
7.60%
6.37%
88
2.635
LT debt¥M
0.745
0.859
0.944
1.089
1.262
1.528
1.783
1.899
1.879
1.882
0.805
8.31%
9.68%
80
Revenue
¥2.708M
7.42%
1.00×
Cost of revenue
¥1.461M
7.18%
0.98×
Operating expenses
¥0.699M
8.14%
1.07×
Cash and investments
16.16%
Spread over hurdle
16.68%