1.305
Revenue¥B
3.737
4.068
4.311
4.747
5.208
5.590
5.947
6.489
6.981
7.474
1.435
7.49%
7.85%
27
25.13
Revenue growth%
12.22
11.27
12.44
11.01
12.31
11.20
13.71
16.32
13.82
16.33
14.44
13.82
12.38
44
4.32
Gross margin%
24.15
24.65
23.76
21.35
21.84
22.39
19.89
18.31
19.81
22.46
7.43
19.89
22.12
16
17.33
Operating margin%
5.41
4.94
7.62
10.45
11.95
14.85
13.77
13.41
16.17
16.89
9.11
14.85
12.68
9
13.83
Net margin%
14.82
14.91
14.82
12.08
11.27
10.55
10.78
13.74
13.55
12.41
5.17
12.41
12.98
39
23.78
P/E ratio (avg)x
25.99
24.96
28.45
27.24
25.16
28.24
28.74
26.18
25.86
25.48
15.85
26.18
26.09
35
21.83
EV/EBITx
34.23
33.87
39.34
46.17
53.65
61.04
69.62
67.07
68.19
78.29
30.41
68.19
57.34
48
29.23
FCF yield (avg)%
17.65
15.58
14.13
11.50
8.78
11.29
12.71
13.88
16.58
17.59
7.54
13.88
14.00
9
7.39
FCF margin%
4.97
2.68
0.40
0.40
0.40
0.40
0.40
1.46
3.19
2.96
4.70
1.46
0.93
75
1.482
FCF / Net incomex
0.275
0.276
0.283
0.275
0.297
0.306
0.297
0.296
0.329
0.334
0.503
0.306
0.296
85
27.04
ROIC%
30.66
32.82
33.52
36.03
35.71
36.45
35.04
37.75
36.21
34.49
22.44
36.21
35.38
26
2.22
Return on equity%
24.62
21.66
20.05
18.88
16.03
18.59
19.17
21.13
18.37
19.26
7.98
19.17
19.21
90
10.77
Return on assets%
21.96
20.78
21.60
22.24
21.61
23.82
23.38
23.41
21.33
18.83
5.34
23.38
21.78
21
0.21
EPS¥
0.16
0.17
0.17
0.16
0.15
0.15
0.14
0.14
0.16
0.17
0.21
2.34%
(0.46%)
—
10.51
EPS growth%
6.69
4.03
6.21
5.11
3.92
5.55
5.46
7.80
7.48
6.46
3.48
6.46
5.88
25
0.03
Bookvalue per sh¥
0.09
0.10
0.11
0.13
0.15
0.14
0.15
0.17
0.17
0.19
0.18
5.57%
7.66%
—
0.11
FCF per share¥
0.11
0.12
0.12
0.13
0.12
0.13
0.13
0.14
0.15
0.17
0.18
6.87%
5.53%
—
0.22
Dividend per sh¥
0.13
0.12
0.13
0.12
0.12
0.11
0.11
0.10
0.09
0.07
0.12
(8.21%)
(5.24%)
—
3.04
Div yield (avg)%
6.42
8.76
6.47
5.25
8.23
7.26
9.61
9.25
11.85
10.09
15.05
9.61
8.50
83
21.27
Payout ratio%
4.70
7.03
9.10
8.67
5.70
7.32
6.55
6.85
4.84
4.83
25.65
6.55
6.70
93
66.22
Shares (diluted)M
77.13
79.00
87.74
95.29
113.1
134.2
150.9
165.0
184.7
212.1
67.12
13.39%
12.18%
79
12.00
Buyback yield%
4.86
5.11
3.66
3.16
1.70
1.29
2.18
4.78
5.22
3.85
18.69
3.85
3.75
41
0.179
D/E ratiox
1.374
1.414
1.396
1.358
1.525
1.560
1.597
1.645
1.786
1.709
0.996
1.645
1.542
69
2.543
Enterprise value¥B
1.440
1.285
1.237
1.286
1.425
1.476
1.312
1.233
1.145
1.136
1.859
(4.44%)
(3.19%)
90
2.426
LT debt¥B
7.123
6.868
6.332
6.952
6.915
6.640
7.164
6.424
5.939
6.173
5.034
(2.24%)
(0.95%)
35
Revenue
¥7.474B
7.85%
1.00×
Cost of revenue
¥5.217B
7.82%
1.00×
Operating expenses
¥1.028B
7.29%
0.95×
Cash and investments
18.42%
Spread over hurdle
(1.48%)