356.1
Revenue¥M
225.6
239.7
247.5
258.3
272.2
288.6
299.5
305.8
323.3
342.2
365.3
4.68%
4.47%
47
29.30
Revenue growth%
16.00
14.06
13.83
14.21
16.80
14.73
14.71
15.38
13.98
13.75
25.54
14.71
14.46
57
2.96
Gross margin%
18.90
19.64
20.26
17.52
18.17
20.42
20.63
21.01
23.23
25.23
14.21
21.01
20.34
65
23.05
Operating margin%
7.20
7.93
10.16
9.91
6.95
5.15
5.10
7.95
10.89
11.94
10.46
7.95
7.94
15
15.03
Net margin%
14.50
14.99
13.05
12.04
14.44
13.60
11.61
11.51
9.76
9.49
27.51
11.51
12.55
41
9.247
P/E ratio (avg)x
35.57
40.59
47.07
51.42
56.65
55.43
57.58
65.19
67.19
78.35
22.29
65.19
56.04
87
8.030
EV/EBITx
28.74
30.25
34.02
34.57
35.95
34.89
38.48
41.41
45.65
42.69
21.70
41.41
35.42
50
28.15
FCF yield (avg)%
8.99
6.47
7.39
8.39
10.75
10.09
9.58
7.86
9.43
10.81
25.26
9.58
9.21
39
20.89
FCF margin%
22.47
23.16
24.08
23.42
23.78
23.42
23.14
24.41
26.14
24.95
5.67
24.41
23.60
59
0.923
FCF / Net incomex
0.589
0.561
0.522
0.497
0.473
0.495
0.528
0.506
0.505
0.462
0.327
0.505
0.506
41
9.15
ROIC%
17.95
17.85
15.46
13.74
15.06
14.08
11.17
13.32
16.26
13.90
21.00
13.90
14.57
10
29.18
Return on equity%
16.08
18.57
19.96
20.64
22.13
19.52
18.52
20.82
18.30
15.54
8.10
18.52
19.05
24
21.94
Return on assets%
26.09
28.50
27.56
26.09
27.16
27.85
25.76
28.40
27.53
28.10
8.45
27.85
27.54
67
0.84
EPS¥
2.25
2.57
2.65
2.95
3.54
3.65
3.61
3.89
3.87
4.58
0.93
5.30%
8.16%
—
12.93
EPS growth%
18.70
16.31
15.74
17.29
17.76
15.29
14.95
17.69
19.58
17.81
4.86
17.69
17.49
7
1.13
Bookvalue per sh¥
0.85
0.94
0.89
0.85
0.86
0.91
0.98
0.98
1.00
1.01
0.37
3.33%
2.15%
—
0.74
FCF per share¥
1.54
1.76
1.95
1.80
2.00
2.13
2.09
2.35
2.58
2.47
0.90
4.32%
5.38%
—
0.97
Dividend per sh¥
1.55
1.74
1.77
1.80
1.90
2.00
2.29
2.55
2.62
2.83
1.01
8.30%
7.09%
—
20.24
Div yield (avg)%
3.17
4.22
4.46
2.27
0.64
2.76
2.94
2.57
0.40
2.16
10.73
2.57
2.67
72
12.79
Payout ratio%
24.61
23.34
20.54
20.68
18.26
16.49
18.03
18.29
19.14
16.20
18.73
18.03
18.72
21
238.9
Shares (diluted)M
196.8
174.8
178.1
189.5
180.1
189.1
210.7
229.3
233.4
216.3
242.7
3.73%
0.34%
16
17.37
Buyback yield%
5.20
6.67
9.48
10.06
10.56
12.18
9.41
9.96
12.62
13.64
14.78
12.18
10.01
92
0.178
D/E ratiox
0.604
0.621
0.615
0.656
0.680
0.717
0.753
0.866
0.845
0.998
0.858
0.845
0.698
23
76.24
Enterprise value¥M
261.0
276.9
293.0
280.4
317.7
367.2
352.5
359.1
369.6
414.5
328.7
5.46%
5.09%
94
101.9
LT debt¥M
58.80
64.98
73.47
81.62
83.87
94.02
96.09
110.3
112.6
122.6
36.57
7.89%
7.88%
73
Revenue
¥342.2M
4.47%
1.00×
Cost of revenue
¥239.5M
4.47%
1.00×
Operating expenses
¥58.10M
4.35%
0.99×
Spread over hurdle
(0.58%)