131.2
Revenue¥M
323.5
355.3
383.7
421.8
464.4
508.6
557.5
612.7
658.4
711.6
143.3
8.91%
9.08%
50
20.41
Revenue growth%
16.54
15.15
17.00
17.74
18.90
19.07
18.96
16.89
14.92
12.38
7.81
16.89
16.94
28
16.52
Gross margin%
13.08
12.63
14.43
11.92
11.26
9.06
8.95
11.54
11.72
12.91
10.32
11.54
11.82
18
7.49
Operating margin%
3.06
4.73
2.93
1.89
0.75
2.58
0.40
2.24
4.15
4.50
28.97
2.58
2.76
91
8.86
Net margin%
7.20
7.24
4.72
3.57
0.82
0.49
0.40
2.54
0.40
0.40
17.49
0.40
1.68
71
17.59
P/E ratio (avg)x
35.45
37.80
35.40
41.03
44.34
50.09
56.92
64.00
70.43
75.11
19.08
64.00
47.21
25
29.20
EV/EBITx
19.92
23.32
24.23
23.54
24.40
27.00
28.34
27.22
31.47
37.63
17.05
28.34
25.70
37
14.08
FCF yield (avg)%
5.20
7.10
7.55
10.25
7.29
9.17
6.63
8.37
7.19
4.69
4.68
7.19
7.24
35
21.31
FCF margin%
24.27
23.39
24.20
24.74
23.62
24.18
21.58
18.87
19.03
20.68
20.02
20.68
23.50
84
0.878
FCF / Net incomex
0.803
0.729
0.720
0.769
0.737
0.707
0.632
0.702
0.767
0.752
0.475
0.707
0.733
61
10.50
ROIC%
8.61
9.92
12.18
12.31
14.35
12.15
14.68
13.03
14.09
15.32
8.53
14.09
12.67
29
9.88
Return on equity%
4.05
6.55
6.29
5.83
5.92
7.36
5.83
6.52
8.55
10.84
4.75
7.36
6.41
43
23.26
Return on assets%
24.33
26.21
28.88
26.03
24.38
26.82
27.67
29.81
31.67
31.51
8.96
29.81
27.25
39
1.42
EPS¥
0.88
1.04
1.17
1.18
1.31
1.58
1.74
1.74
2.06
2.20
1.49
10.88%
10.27%
—
29.85
EPS growth%
8.31
10.25
9.50
12.10
10.89
12.40
10.58
12.57
14.43
15.09
21.02
12.57
11.50
53
0.53
Bookvalue per sh¥
0.51
0.46
0.47
0.44
0.44
0.46
0.45
0.46
0.49
0.53
0.72
3.58%
(0.51%)
—
1.42
FCF per share¥
0.72
0.71
0.65
0.62
0.61
0.67
0.64
0.71
0.75
0.78
0.79
5.01%
1.68%
—
0.98
Dividend per sh¥
2.10
2.17
2.18
2.46
2.85
3.12
3.54
3.47
3.39
3.56
1.55
4.56%
6.11%
—
6.10
Div yield (avg)%
12.65
15.19
16.79
16.71
15.42
13.62
15.21
16.08
14.20
12.98
22.96
14.20
15.20
91
23.25
Payout ratio%
7.26
10.03
7.99
6.77
5.68
5.78
5.74
5.96
5.06
2.42
4.54
5.74
5.87
83
380.8
Shares (diluted)M
439.1
498.4
502.0
544.1
600.2
654.6
665.8
724.7
840.1
912.3
396.4
8.74%
7.99%
50
7.02
Buyback yield%
17.85
17.91
18.16
16.59
14.16
14.50
12.95
13.35
10.82
9.70
11.10
12.95
14.33
50
0.884
D/E ratiox
1.193
1.260
1.492
1.606
1.848
1.900
2.194
2.208
2.222
2.187
0.464
2.194
1.874
64
299.3
Enterprise value¥M
453.9
459.1
462.5
439.7
476.3
524.5
575.4
547.2
579.1
633.5
668.2
5.87%
3.20%
9
838.7
LT debt¥M
313.5
336.0
328.4
351.2
392.8
375.3
367.8
389.7
385.0
384.4
130.6
(0.43%)
2.30%
6
Revenue
¥711.6M
9.08%
1.00×
Cost of revenue
¥490.5M
9.58%
1.05×
Operating expenses
¥99.63M
7.64%
0.88×
Property and equipment
17.14%
Spread over hurdle
(5.01%)