608.8
Revenue¥M
451.0
460.4
475.6
486.7
514.7
544.3
563.6
575.2
582.6
613.1
621.1
3.56%
3.57%
10
13.36
Revenue growth%
7.34
6.48
4.40
2.88
3.89
6.67
7.90
9.96
8.15
5.51
27.13
7.90
6.57
53
8.57
Gross margin%
13.12
11.31
12.48
11.95
11.69
9.14
7.37
8.34
11.09
9.55
8.42
9.14
11.20
27
25.21
Operating margin%
3.72
2.73
4.34
5.10
4.44
2.60
1.96
0.66
0.40
1.45
29.55
1.45
2.66
23
25.99
Net margin%
9.07
9.36
11.29
11.37
10.15
11.28
10.30
10.34
12.33
10.61
4.97
10.61
10.47
25
31.95
P/E ratio (avg)x
24.03
22.22
23.42
20.80
21.56
19.00
16.32
14.80
14.32
13.50
13.88
14.80
19.90
9
9.931
EV/EBITx
20.80
21.03
24.33
22.99
26.05
28.86
32.64
33.11
33.12
31.66
9.350
32.64
27.46
69
25.54
FCF yield (avg)%
4.12
5.64
5.65
5.60
6.54
7.35
8.53
6.11
9.01
9.13
5.53
8.53
6.32
80
3.68
FCF margin%
1.44
1.92
4.26
5.90
4.27
5.48
7.34
8.81
11.23
10.40
4.03
8.81
5.69
35
1.145
FCF / Net incomex
1.346
1.224
1.316
1.205
1.159
1.290
1.201
1.190
1.345
1.408
1.755
1.290
1.257
18
6.96
ROIC%
20.23
18.76
19.28
17.56
16.53
17.14
18.90
19.70
19.17
16.86
10.80
18.90
18.83
39
7.10
Return on equity%
13.05
13.22
13.14
13.56
12.09
11.35
9.62
10.87
13.33
10.87
27.20
10.87
12.57
65
8.91
Return on assets%
31.63
29.59
32.56
32.43
35.16
37.86
39.35
39.06
40.07
42.32
26.63
39.35
36.51
33
0.28
EPS¥
0.17
0.16
0.16
0.17
0.18
0.19
0.18
0.20
0.21
0.21
0.31
2.77%
1.86%
—
16.30
EPS growth%
17.73
16.48
15.44
17.81
20.18
20.15
18.28
19.33
19.73
22.00
11.76
19.73
18.80
72
0.17
Bookvalue per sh¥
0.51
0.51
0.56
0.50
0.51
0.55
0.60
0.65
0.59
0.56
0.43
2.01%
1.20%
—
0.23
FCF per share¥
0.25
0.27
0.26
0.28
0.30
0.33
0.33
0.37
0.35
0.41
0.52
6.52%
5.70%
—
0.15
Dividend per sh¥
0.63
0.71
0.85
1.00
0.98
0.98
1.15
1.27
1.28
1.38
0.16
7.09%
9.31%
—
9.58
Div yield (avg)%
12.42
9.66
7.71
10.13
12.35
9.95
12.87
12.54
11.14
10.29
26.92
11.14
10.71
48
11.67
Payout ratio%
10.53
12.67
14.90
14.94
14.44
14.62
11.99
12.20
14.51
16.96
17.55
14.51
14.47
67
414.8
Shares (diluted)M
513.8
500.9
551.0
604.3
610.1
600.5
578.9
569.2
614.7
634.2
424.9
0.78%
1.82%
9
5.80
Buyback yield%
1.89
0.40
1.69
2.66
2.63
0.40
0.40
3.28
5.77
5.86
7.63
3.28
2.26
75
0.702
D/E ratiox
1.820
2.125
2.466
2.483
2.817
3.110
3.161
3.004
3.114
3.300
0.620
3.114
2.910
66
436.0
Enterprise value¥M
407.2
467.8
540.6
530.4
526.1
523.2
586.9
631.5
652.9
722.5
44.10
6.55%
7.24%
79
525.3
LT debt¥M
182.6
191.3
170.6
165.2
170.6
152.1
137.7
133.0
133.0
129.1
157.4
(5.42%)
(3.09%)
70
Revenue
¥613.1M
3.57%
1.00×
Cost of revenue
¥429.2M
3.57%
1.00×
Operating expenses
¥122.5M
3.55%
1.00×
Property and equipment
15.32%
Spread over hurdle
(1.70%)