1.055
Revenue¥B
0.548
0.587
0.633
0.703
0.771
0.826
0.919
0.998
1.110
1.199
1.083
9.23%
9.06%
66
20.86
Revenue growth%
24.09
24.18
24.97
26.99
25.50
25.74
28.43
31.11
29.76
30.69
27.61
29.76
26.36
88
10.31
Gross margin%
23.14
25.31
25.52
27.46
26.31
25.55
23.76
26.04
23.63
23.97
6.87
23.97
25.41
80
11.58
Operating margin%
9.55
9.49
12.48
13.34
12.52
10.37
11.84
14.73
16.56
18.08
6.85
14.73
12.50
66
22.33
Net margin%
22.03
19.69
21.91
23.80
26.66
23.74
24.75
27.48
24.79
25.70
21.45
24.79
24.27
51
14.37
P/E ratio (avg)x
23.14
25.65
27.73
28.72
26.64
25.05
27.05
28.94
32.14
30.68
6.445
28.94
27.39
90
15.71
EV/EBITx
58.01
59.52
69.33
66.85
74.05
73.55
76.34
89.10
91.99
103.0
18.89
89.10
73.80
71
13.20
FCF yield (avg)%
4.48
5.08
7.88
6.62
8.61
8.52
7.73
7.19
7.49
8.92
25.69
7.73
7.61
78
29.11
FCF margin%
32.28
35.08
36.43
35.93
33.14
34.47
33.44
35.92
33.86
32.33
24.64
33.86
34.17
67
1.455
FCF / Net incomex
0.339
0.322
0.351
0.342
0.375
0.354
0.396
0.385
0.372
0.380
0.804
0.380
0.363
50
14.25
ROIC%
9.57
11.24
11.22
8.94
10.47
8.88
6.02
5.50
5.58
3.36
6.90
5.58
8.91
34
21.80
Return on equity%
10.50
11.37
10.76
12.23
10.03
9.34
7.61
5.34
4.36
6.32
11.65
6.32
9.68
90
26.04
Return on assets%
4.82
7.82
5.91
7.96
5.21
7.18
7.19
9.09
8.55
9.26
12.78
8.55
7.51
78
0.83
EPS¥
0.73
0.76
0.85
0.86
0.96
1.10
1.22
1.18
1.23
1.24
0.89
5.24%
4.77%
—
9.37
EPS growth%
30.97
28.23
29.80
28.94
27.63
29.25
29.23
30.03
32.17
31.46
12.36
30.03
29.52
73
0.28
Bookvalue per sh¥
0.33
0.34
0.35
0.36
0.33
0.31
0.34
0.29
0.25
0.26
0.90
(4.73%)
(3.55%)
—
0.67
FCF per share¥
0.16
0.16
0.15
0.14
0.14
0.13
0.11
0.12
0.10
0.10
0.85
(5.05%)
(5.48%)
—
0.77
Dividend per sh¥
0.66
0.62
0.60
0.63
0.63
0.65
0.66
0.69
0.69
0.63
0.76
(0.05%)
(0.35%)
—
11.61
Div yield (avg)%
11.28
12.47
9.62
12.13
10.14
8.58
6.83
5.19
4.23
3.99
29.06
5.19
9.10
23
12.13
Payout ratio%
29.58
31.03
30.84
31.33
28.55
31.48
33.57
36.41
36.72
35.60
21.74
35.60
31.41
23
1.070
Shares (diluted)B
1.904
1.847
1.979
2.219
2.136
2.134
2.170
2.217
2.360
2.527
1.082
3.42%
3.62%
75
6.40
Buyback yield%
9.36
11.04
10.98
10.90
10.37
8.92
7.47
5.10
7.79
5.32
21.90
7.47
9.14
16
0.491
D/E ratiox
0.419
0.362
0.383
0.339
0.312
0.338
0.309
0.283
0.255
0.235
0.258
0.283
0.325
59
0.414
Enterprise value¥B
1.124
1.135
1.153
1.069
1.189
1.179
1.362
1.561
1.751
1.838
0.203
9.10%
6.63%
53
1.037
LT debt¥B
1.374
1.401
1.458
1.659
1.958
2.020
2.282
2.541
2.977
3.563
0.482
12.72%
10.54%
46
Revenue
¥1.199B
9.06%
1.00×
Cost of revenue
¥839.1M
9.06%
1.00×
Operating expenses
¥237.5M
9.54%
1.04×
Property and equipment
21.20%
Goodwill & intangibles
17.13%
Spread over hurdle
(1.75%)