1.856
Revenue¥B
2.035
2.124
2.227
2.344
2.395
2.499
2.656
2.793
2.977
3.103
1.922
5.31%
4.97%
71
26.74
Revenue growth%
16.54
18.42
16.06
18.64
18.48
16.35
16.10
17.11
16.42
17.20
12.13
16.42
16.82
83
15.54
Gross margin%
32.76
32.85
35.74
38.45
37.64
36.25
34.83
35.14
35.37
35.04
18.74
35.14
35.25
43
29.61
Operating margin%
34.95
36.84
34.31
32.51
30.98
29.03
29.20
29.45
32.39
33.92
7.84
29.45
32.45
94
16.71
Net margin%
5.98
6.05
4.64
3.98
2.24
1.91
0.40
1.09
0.40
0.40
11.60
0.40
2.08
39
13.19
P/E ratio (avg)x
16.61
17.16
18.27
20.71
23.11
23.77
23.08
26.25
30.55
35.10
24.18
26.25
23.10
32
33.75
EV/EBITx
38.62
45.37
53.20
53.36
54.95
64.81
72.37
76.08
77.00
75.64
35.31
75.64
59.88
32
8.77
FCF yield (avg)%
20.92
18.75
18.76
20.68
20.22
18.38
19.70
20.13
18.83
21.42
9.96
19.70
19.92
7
21.42
FCF margin%
31.85
31.38
32.13
29.86
30.60
27.66
26.04
28.85
26.26
23.39
6.24
26.26
29.36
13
0.995
FCF / Net incomex
1.115
1.285
1.437
1.430
1.509
1.543
1.597
1.698
1.805
2.077
1.299
1.698
1.526
60
23.41
ROIC%
27.77
27.45
24.82
27.57
28.85
31.44
33.64
31.41
28.42
25.94
20.37
31.41
28.10
9
9.00
Return on equity%
30.16
27.29
26.64
24.25
21.79
22.84
20.08
19.19
19.84
19.64
18.12
19.84
22.32
55
21.26
Return on assets%
10.04
9.44
8.89
8.66
6.12
5.04
5.65
5.04
5.32
6.86
9.05
5.32
6.49
18
2.61
EPS¥
1.80
2.05
2.02
2.07
2.20
2.43
2.23
2.17
2.30
2.18
2.72
(0.19%)
2.33%
—
11.55
EPS growth%
11.37
11.33
13.82
15.49
17.76
18.06
15.12
15.37
16.13
17.27
28.59
16.13
15.43
83
0.71
Bookvalue per sh¥
4.99
5.29
4.97
5.47
6.33
5.87
6.22
6.83
7.73
7.86
2.80
4.42%
5.15%
—
2.67
FCF per share¥
3.10
3.14
3.05
3.00
3.17
3.64
3.82
4.21
4.30
4.39
2.06
6.72%
3.27%
—
1.98
Dividend per sh¥
1.77
1.77
1.95
1.84
1.67
1.49
1.50
1.64
1.67
1.58
1.54
(1.01%)
(0.75%)
—
18.27
Div yield (avg)%
21.62
21.56
24.33
23.26
25.97
24.00
24.87
24.17
25.26
24.90
5.59
24.87
24.25
35
17.82
Payout ratio%
20.44
21.70
23.60
26.02
27.61
28.09
28.05
27.36
27.26
26.95
21.38
27.36
27.10
92
493.1
Shares (diluted)M
529.6
571.9
505.2
513.7
530.1
544.7
484.8
413.8
410.1
389.1
516.1
(5.99%)
(2.89%)
77
21.77
Buyback yield%
9.84
10.11
12.04
10.80
12.74
14.57
12.07
10.43
10.54
8.31
15.88
10.54
10.67
76
0.499
D/E ratiox
1.430
1.546
1.505
1.708
1.836
1.754
1.940
1.940
1.867
1.782
1.683
1.867
1.768
71
0.913
Enterprise value¥B
1.059
1.188
1.220
1.231
1.219
1.244
1.211
1.347
1.367
1.483
1.080
3.99%
4.87%
50
0.800
LT debt¥B
2.625
2.842
3.321
3.254
3.437
4.023
4.572
4.796
4.647
4.779
0.568
6.82%
7.74%
66
Revenue
¥3.103B
4.97%
1.00×
Cost of revenue
¥1.704B
5.39%
1.04×
Operating expenses
¥618.5M
4.47%
0.95×
Cash and investments
16.77%
Property and equipment
13.84%
Spread over hurdle
25.14%