2.527
Revenue¥B
1.582
1.742
1.898
2.052
2.169
2.388
2.534
2.711
2.969
3.281
2.600
8.63%
8.55%
88
17.50
Revenue growth%
6.42
5.61
6.78
6.31
3.95
1.67
4.48
7.46
8.07
10.06
19.91
7.46
6.37
17
24.67
Gross margin%
33.58
33.22
35.39
36.46
38.80
39.99
42.85
44.15
41.88
44.23
19.93
42.85
39.40
32
22.44
Operating margin%
4.89
4.06
4.10
2.95
2.37
1.60
3.18
2.63
2.29
4.83
23.96
2.63
3.06
65
17.12
Net margin%
25.60
24.98
27.50
29.40
27.54
28.25
26.34
26.94
25.52
26.24
8.28
26.34
26.64
48
37.11
P/E ratio (avg)x
18.28
16.48
15.43
16.59
18.25
18.72
18.89
20.32
19.88
21.87
9.819
19.88
18.50
36
18.38
EV/EBITx
18.02
17.84
17.81
18.04
19.40
18.49
18.88
20.73
23.24
25.19
19.62
20.73
18.69
50
25.24
FCF yield (avg)%
9.29
11.07
10.24
11.88
14.25
12.19
14.35
16.66
14.73
15.45
20.49
14.73
13.22
72
23.19
FCF margin%
2.40
3.00
4.50
4.82
7.01
7.74
8.56
10.13
10.34
7.63
29.58
8.56
7.32
17
1.033
FCF / Net incomex
2.060
2.390
2.503
2.705
3.169
3.552
3.474
3.411
3.773
4.137
0.624
3.552
3.290
38
9.40
ROIC%
21.11
23.87
25.52
26.60
28.79
30.86
29.46
30.91
28.54
27.55
3.48
29.46
28.05
52
9.15
Return on equity%
21.82
21.36
21.43
20.62
20.50
17.73
18.77
19.01
16.91
17.92
8.15
17.92
19.76
9
25.68
Return on assets%
12.40
9.54
10.76
13.67
11.95
14.74
17.44
17.60
17.88
19.17
3.15
17.60
14.20
56
0.85
EPS¥
0.72
0.79
0.86
0.86
0.93
0.98
0.98
0.89
0.90
0.97
0.90
0.67%
2.31%
—
7.93
EPS growth%
20.49
18.50
21.36
22.63
19.64
21.41
22.16
21.66
21.85
22.69
29.42
21.85
21.54
78
0.48
Bookvalue per sh¥
0.35
0.39
0.44
0.47
0.53
0.57
0.64
0.69
0.68
0.66
0.16
4.72%
7.05%
—
0.25
FCF per share¥
0.78
0.93
1.01
1.16
1.22
1.22
1.38
1.37
1.49
1.60
0.64
5.55%
8.49%
—
0.73
Dividend per sh¥
0.51
0.59
0.67
0.67
0.76
0.89
0.99
1.16
1.29
1.46
0.65
13.98%
12.20%
—
28.47
Div yield (avg)%
5.57
5.95
5.31
5.28
5.64
6.76
7.26
8.89
9.31
6.46
9.33
7.26
6.20
7
6.46
Payout ratio%
19.13
22.03
23.06
20.73
17.75
15.53
16.06
17.68
20.63
20.35
27.48
17.68
19.74
70
2.134
Shares (diluted)B
2.696
2.766
3.153
3.116
3.085
3.148
3.051
3.422
3.300
3.657
2.220
3.46%
2.27%
19
7.81
Buyback yield%
21.04
23.07
22.46
23.65
21.51
21.03
19.08
20.41
22.60
22.26
29.21
21.03
21.89
62
1.173
D/E ratiox
0.795
0.802
0.820
0.817
0.893
1.043
1.141
1.333
1.547
1.643
0.931
1.333
0.968
58
1.585
Enterprise value¥B
1.984
2.078
1.843
1.646
1.459
1.291
1.264
1.120
0.969
0.890
2.728
(9.40%)
(7.28%)
20
1.918
LT debt¥B
3.670
3.790
3.930
3.772
3.536
3.453
3.167
3.133
3.414
3.589
0.781
0.30%
0.50%
25
Revenue
¥3.281B
8.55%
1.00×
Cost of revenue
¥2.183B
8.66%
1.01×
Operating expenses
¥398.7M
7.97%
0.95×
Cash and investments
18.48%
Property and equipment
17.09%
Spread over hurdle
29.17%