2.126
Revenue¥B
1.518
1.557
1.609
1.665
1.696
1.801
1.844
1.914
1.988
2.094
2.195
4.30%
3.55%
18
14.09
Revenue growth%
13.68
13.32
14.76
15.36
14.05
13.42
12.83
13.04
14.71
17.17
28.38
13.42
13.87
40
22.57
Gross margin%
9.70
11.35
8.98
8.70
5.76
8.58
11.24
10.41
12.15
10.72
10.15
10.72
10.05
72
18.10
Operating margin%
27.31
25.75
23.61
20.75
19.89
22.68
23.91
25.51
26.64
25.76
20.18
25.51
24.71
72
27.26
Net margin%
7.65
6.10
8.70
7.80
5.78
7.72
7.14
9.87
11.07
12.68
2.86
9.87
7.76
95
12.48
P/E ratio (avg)x
29.64
33.55
32.26
36.23
41.25
44.20
42.56
42.97
44.52
49.10
10.50
44.20
41.91
66
34.90
EV/EBITx
25.59
25.50
26.47
25.67
26.81
25.29
23.77
22.74
25.04
26.17
21.96
25.04
25.54
36
28.05
FCF yield (avg)%
25.70
26.69
28.48
27.04
24.31
23.79
25.83
28.75
30.95
31.19
21.04
28.75
26.86
77
29.78
FCF margin%
24.64
27.28
29.00
27.27
28.38
29.42
29.06
31.70
32.11
29.18
29.16
29.42
29.03
31
1.022
FCF / Net incomex
0.532
0.511
0.538
0.492
0.513
0.533
0.486
0.420
0.446
0.436
1.145
0.446
0.501
31
23.42
ROIC%
3.74
6.13
3.14
5.80
6.62
5.92
5.38
5.93
5.14
4.71
29.52
5.38
5.59
71
11.43
Return on equity%
18.14
20.95
21.47
20.56
23.31
22.05
21.74
22.10
19.12
19.70
25.08
21.74
21.21
9
15.58
Return on assets%
20.96
21.11
23.83
23.13
24.20
24.43
22.92
24.72
22.49
22.34
25.58
22.92
23.03
34
0.76
EPS¥
0.53
0.60
0.66
0.72
0.79
0.85
0.89
0.89
0.85
0.80
0.78
0.19%
5.71%
—
9.68
EPS growth%
0.56
1.49
0.40
0.57
1.75
0.40
0.82
0.40
2.28
3.82
23.84
0.82
0.70
72
1.07
Bookvalue per sh¥
0.54
0.53
0.48
0.42
0.47
0.45
0.44
0.39
0.42
0.38
1.72
(4.13%)
(3.25%)
—
1.56
FCF per share¥
3.88
4.40
4.17
4.59
4.76
5.15
5.98
6.50
7.49
8.48
2.12
12.26%
9.38%
—
0.68
Dividend per sh¥
0.42
0.39
0.42
0.37
0.31
0.31
0.28
0.30
0.30
0.33
2.55
0.84%
(1.66%)
—
24.06
Div yield (avg)%
18.35
19.08
16.29
13.43
13.28
14.19
11.87
11.77
14.59
11.92
17.06
11.92
13.81
89
29.36
Payout ratio%
3.47
5.77
4.00
4.37
2.11
0.40
0.40
1.31
0.40
0.40
27.10
0.40
1.71
68
426.9
Shares (diluted)M
414.7
369.4
360.9
353.5
366.3
355.6
333.6
305.6
297.0
316.8
406.5
(2.86%)
(2.69%)
32
9.00
Buyback yield%
34.10
35.91
37.42
36.75
36.55
34.16
31.55
31.89
31.82
30.06
20.74
31.82
34.13
36
1.305
D/E ratiox
1.818
1.713
1.861
1.916
2.002
1.916
2.091
2.288
2.321
2.401
0.669
2.288
1.959
53
1.106
Enterprise value¥B
1.487
1.477
1.427
1.332
1.229
1.206
1.072
1.087
1.073
1.120
0.957
(1.85%)
(3.07%)
5
1.658
LT debt¥B
2.106
2.259
2.601
2.858
3.293
3.240
3.403
3.255
3.432
4.005
0.333
4.00%
8.08%
42
Revenue
¥2.094B
3.55%
1.00×
Cost of revenue
¥1.456B
3.48%
0.99×
Operating expenses
¥342.1M
3.28%
0.97×
Goodwill & intangibles
13.47%
Spread over hurdle
(1.73%)