2.919
Revenue¥B
1.358
1.437
1.530
1.637
1.803
1.935
2.107
2.298
2.461
2.629
3.224
7.84%
7.87%
93
21.90
Revenue growth%
22.56
21.02
21.75
23.19
23.70
24.61
26.57
24.98
23.88
25.12
14.93
24.98
23.79
45
3.08
Gross margin%
24.82
22.44
20.58
18.11
19.37
20.63
21.47
18.65
15.98
18.77
21.42
18.77
19.97
81
24.97
Operating margin%
25.08
25.30
27.15
27.94
28.19
28.39
29.20
27.73
27.89
30.45
9.85
28.39
27.91
16
7.78
Net margin%
16.94
14.17
14.82
15.96
14.14
17.06
18.03
18.80
18.31
17.26
28.97
18.03
17.00
84
29.56
P/E ratio (avg)x
6.753
6.355
6.027
5.284
4.734
4.640
4.966
5.360
5.617
5.902
19.72
5.360
5.488
58
33.57
EV/EBITx
16.31
17.93
20.53
22.42
23.08
23.45
26.65
26.37
28.22
30.69
22.87
26.65
23.26
82
20.48
FCF yield (avg)%
28.23
27.08
24.95
23.73
26.36
28.05
25.47
24.78
25.00
26.72
25.92
25.47
25.91
40
26.98
FCF margin%
10.21
12.73
12.16
11.91
11.48
8.51
9.54
11.15
12.89
15.39
12.31
11.15
11.70
36
1.179
FCF / Net incomex
0.283
0.302
0.280
0.291
0.274
0.266
0.258
0.222
0.220
0.227
1.598
0.227
0.270
33
23.19
ROIC%
1.90
1.36
0.86
0.40
1.10
3.58
4.48
4.75
5.01
7.14
4.09
4.75
2.74
28
25.11
Return on equity%
20.81
21.68
21.84
20.87
19.83
22.13
19.47
19.99
19.36
17.49
7.56
19.47
20.40
63
26.39
Return on assets%
16.82
19.53
21.80
22.86
22.71
24.53
22.60
22.01
24.77
24.98
4.55
24.53
22.65
71
0.76
EPS¥
0.81
0.88
0.93
0.89
0.94
1.08
1.21
1.23
1.37
1.34
0.85
7.26%
5.40%
—
20.48
EPS growth%
11.69
11.98
14.33
13.23
11.37
8.78
8.78
9.87
11.43
8.44
12.15
8.78
11.40
80
0.15
Bookvalue per sh¥
0.15
0.14
0.14
0.15
0.14
0.14
0.13
0.13
0.13
0.14
0.85
0.08%
(0.32%)
—
0.73
FCF per share¥
0.54
0.59
0.57
0.58
0.59
0.63
0.66
0.73
0.71
0.77
0.53
5.38%
5.12%
—
0.53
Dividend per sh¥
0.33
0.34
0.40
0.40
0.44
0.43
0.43
0.46
0.48
0.55
0.58
4.71%
5.41%
—
5.90
Div yield (avg)%
20.22
21.68
19.57
22.16
21.21
22.41
19.98
18.19
15.38
12.84
23.75
18.19
20.10
48
6.86
Payout ratio%
8.38
9.26
7.32
4.80
6.51
3.66
5.15
5.15
6.60
7.80
19.39
5.15
6.56
37
2.181
Shares (diluted)B
2.130
1.852
1.739
1.527
1.374
1.448
1.506
1.411
1.468
1.357
2.168
(0.24%)
(4.32%)
10
25.87
Buyback yield%
33.75
32.99
32.59
30.48
30.33
29.50
31.51
33.28
34.68
33.15
24.37
33.15
32.79
51
1.652
D/E ratiox
1.947
2.092
2.116
2.082
2.270
2.327
2.441
2.728
2.738
3.027
1.410
2.728
2.298
82
0.266
Enterprise value¥B
1.765
1.839
1.679
1.552
1.604
1.584
1.501
1.456
1.357
1.260
0.907
(4.71%)
(4.38%)
11
1.611
LT debt¥B
3.098
3.297
3.248
3.160
3.223
3.400
3.857
3.617
3.479
3.757
2.636
3.12%
2.06%
55
Revenue
¥2.629B
7.87%
1.00×
Cost of revenue
¥1.385B
7.67%
0.98×
Operating expenses
¥426.7M
8.22%
1.03×
Property and equipment
16.99%
Cash and investments
16.98%
Spread over hurdle
12.10%