3.954
Revenue¥B
2.282
2.454
2.548
2.653
2.825
3.035
3.212
3.468
3.697
3.922
4.366
6.78%
6.00%
14
6.05
Revenue growth%
15.52
15.45
15.27
17.15
16.91
18.64
21.39
20.62
23.24
25.60
24.71
21.39
17.90
71
23.25
Gross margin%
25.85
28.43
30.27
29.47
31.10
28.56
30.04
30.58
32.86
29.99
9.06
30.04
30.02
19
18.24
Operating margin%
5.76
5.76
4.74
6.17
3.61
3.40
4.74
3.26
5.23
8.12
5.95
4.74
4.99
15
10.77
Net margin%
8.38
11.30
12.61
14.02
11.47
12.46
13.49
10.98
8.54
6.42
22.73
10.98
11.39
35
13.33
P/E ratio (avg)x
27.45
31.43
33.46
31.67
34.41
39.31
40.04
38.17
40.00
38.25
6.169
39.31
36.29
8
33.97
EV/EBITx
15.70
16.73
17.93
20.33
19.20
20.49
19.92
19.71
22.53
20.83
7.530
20.49
19.82
42
14.07
FCF yield (avg)%
14.28
13.85
14.53
17.27
14.33
12.52
14.90
11.98
11.79
13.15
5.64
12.52
14.06
55
26.18
FCF margin%
7.02
5.55
5.30
3.69
2.28
2.06
1.79
0.40
0.40
0.40
15.53
0.40
2.17
51
0.284
FCF / Net incomex
1.988
2.167
2.199
2.117
2.277
2.385
2.574
2.635
2.442
2.483
0.317
2.483
2.331
45
28.30
ROIC%
16.50
15.56
13.08
14.91
15.05
14.54
15.23
16.52
17.89
18.90
10.75
16.52
15.40
35
19.19
Return on equity%
29.96
31.94
30.37
29.77
28.71
26.13
26.22
26.78
24.03
26.22
7.57
26.22
27.75
54
27.99
Return on assets%
13.16
15.38
16.77
19.02
18.54
17.68
18.12
17.49
19.56
20.96
18.20
18.12
17.90
27
1.12
EPS¥
0.42
0.43
0.39
0.33
0.31
0.28
0.24
0.23
0.25
0.23
1.25
(5.92%)
(5.36%)
—
22.14
EPS growth%
1.84
1.06
4.01
5.28
6.77
5.90
5.19
4.59
3.64
2.67
17.41
4.59
4.30
39
0.56
Bookvalue per sh¥
1.23
1.33
1.27
1.18
1.13
1.09
1.03
0.98
1.01
0.99
0.30
(2.72%)
(2.56%)
—
0.84
FCF per share¥
0.57
0.61
0.71
0.82
0.95
0.91
1.02
1.00
1.11
1.21
0.55
4.95%
9.38%
—
1.07
Dividend per sh¥
0.48
0.57
0.57
0.66
0.76
0.82
0.96
0.95
1.07
1.05
0.93
6.50%
8.54%
—
24.38
Div yield (avg)%
17.60
16.77
18.12
21.00
18.72
21.55
24.17
22.20
24.54
25.34
11.55
24.17
21.27
32
21.71
Payout ratio%
34.69
34.89
35.49
36.19
37.15
34.17
32.70
31.70
29.13
30.93
15.14
31.70
34.43
69
1.336
Shares (diluted)B
1.768
1.614
1.649
1.855
1.859
1.781
1.762
1.628
1.608
1.702
1.415
(1.75%)
0.52%
42
4.02
Buyback yield%
28.36
27.32
25.16
24.47
24.01
22.14
24.52
23.89
23.06
23.56
29.08
23.56
24.24
91
0.567
D/E ratiox
0.862
1.023
1.052
1.148
1.264
1.472
1.721
1.887
1.799
1.800
1.619
1.799
1.368
9
3.416
Enterprise value¥B
3.900
3.971
4.307
4.503
5.491
6.503
7.295
8.254
8.180
9.471
1.349
11.52%
10.11%
39
0.434
LT debt¥B
5.345
5.769
5.604
5.712
5.884
6.292
6.076
6.238
6.366
6.721
1.103
2.70%
2.07%
46
Revenue
¥3.922B
6.00%
1.00×
Cost of revenue
¥2.745B
6.00%
1.00×
Operating expenses
¥669.2M
4.99%
0.91×
Cash and investments
16.98%
Goodwill & intangibles
13.38%
Spread over hurdle
46.05%