2.079
Revenue¥B
3.133
3.295
3.410
3.590
3.848
3.969
4.100
4.354
4.462
4.637
2.172
3.80%
4.71%
10
18.07
Revenue growth%
16.81
19.49
16.84
19.23
21.42
24.05
23.92
24.91
26.20
23.24
17.70
24.05
22.33
33
9.56
Gross margin%
17.05
16.50
13.81
11.96
10.29
9.69
8.11
8.74
9.25
7.59
5.59
8.74
9.99
19
24.05
Operating margin%
6.98
5.06
3.50
2.24
3.72
4.62
5.36
5.58
3.90
4.45
11.94
4.62
4.53
48
15.55
Net margin%
23.04
20.92
20.80
21.42
20.67
18.94
16.09
19.03
19.76
21.88
16.34
19.03
20.74
39
23.80
P/E ratio (avg)x
26.91
28.33
32.94
38.81
38.65
39.76
47.06
53.90
59.53
59.90
12.50
53.90
39.28
48
19.34
EV/EBITx
38.00
40.10
45.81
43.95
49.14
49.04
49.25
54.13
62.48
72.40
20.81
54.13
49.09
91
17.59
FCF yield (avg)%
24.28
25.31
23.97
22.97
20.68
20.77
20.11
22.22
21.90
23.60
7.36
21.90
22.60
77
10.80
FCF margin%
15.58
16.72
17.64
17.16
20.14
18.12
18.33
17.84
19.59
17.38
21.84
18.12
17.74
72
0.843
FCF / Net incomex
0.608
0.572
0.649
0.609
0.623
0.604
0.616
0.617
0.579
0.571
0.472
0.604
0.608
5
15.93
ROIC%
20.91
23.56
24.85
27.66
27.74
27.44
26.20
26.68
26.87
25.79
6.59
26.68
26.44
25
5.40
Return on equity%
12.21
9.96
7.39
8.62
8.86
6.05
4.04
6.97
5.44
5.67
11.14
5.67
7.18
36
19.23
Return on assets%
17.10
16.73
14.09
15.31
13.27
16.11
13.19
12.75
13.10
13.38
17.90
13.19
13.73
7
1.83
EPS¥
3.31
3.25
3.49
4.07
4.40
4.58
5.40
6.21
7.30
7.25
1.93
10.51%
9.24%
—
16.80
EPS growth%
6.30
5.96
4.67
5.97
7.95
7.17
8.86
8.56
9.84
9.98
24.79
8.86
7.56
29
1.80
Bookvalue per sh¥
2.20
2.39
2.81
3.34
3.74
4.42
4.80
5.53
6.22
6.55
1.02
11.85%
13.16%
—
0.95
FCF per share¥
2.54
2.67
3.19
3.54
3.88
4.15
4.91
4.91
5.91
6.86
0.85
12.07%
12.27%
—
0.48
Dividend per sh¥
1.85
1.83
1.98
1.77
1.60
1.50
1.57
1.71
1.55
1.47
2.08
(1.70%)
(2.39%)
—
29.11
Div yield (avg)%
20.97
19.10
21.10
19.80
21.85
20.60
17.71
18.32
20.61
20.29
21.90
20.29
20.45
50
24.61
Payout ratio%
21.74
21.95
19.18
19.34
18.60
15.71
15.96
15.42
15.45
18.02
29.58
15.71
18.31
6
0.897
Shares (diluted)B
1.628
1.853
1.966
2.247
2.598
2.958
2.985
3.199
3.305
3.725
0.906
7.47%
8.65%
26
29.03
Buyback yield%
1.77
2.06
3.16
2.46
4.97
4.47
3.26
2.22
1.73
3.06
16.61
3.06
2.76
90
0.672
D/E ratiox
1.496
1.645
1.804
2.161
2.268
2.293
2.431
2.803
3.276
3.724
0.576
2.803
2.280
81
3.553
Enterprise value¥B
4.255
4.691
4.614
4.306
3.910
4.138
4.419
5.050
5.249
6.003
2.877
8.95%
3.64%
77
0.875
LT debt¥B
0.764
0.677
0.713
0.655
0.568
0.582
0.621
0.603
0.611
0.659
1.616
3.02%
(2.33%)
37
Revenue
¥4.637B
4.71%
1.00×
Cost of revenue
¥3.246B
4.71%
1.00×
Operating expenses
¥844.4M
4.59%
0.99×
Cash and investments
18.35%
Goodwill & intangibles
15.66%
Spread over hurdle
(3.08%)