2.945
Revenue¥B
2.125
2.269
2.438
2.650
2.823
3.062
3.229
3.432
3.720
4.086
3.115
7.68%
7.31%
56
11.03
Revenue growth%
18.65
18.71
15.82
18.81
20.00
18.86
15.96
14.47
17.43
15.43
8.74
15.96
18.04
75
16.23
Gross margin%
15.34
17.25
15.19
15.11
14.61
13.05
16.04
17.59
14.97
16.83
4.92
16.04
15.27
50
10.18
Operating margin%
18.01
20.54
21.38
20.95
18.87
21.85
22.77
21.86
23.04
21.26
27.58
21.86
21.32
26
19.38
Net margin%
22.27
22.32
23.36
22.15
22.13
23.18
20.40
21.28
21.44
22.26
14.21
21.44
22.21
16
7.255
P/E ratio (avg)x
30.52
33.98
32.24
33.05
29.33
29.38
26.18
22.99
20.34
20.83
17.85
22.99
29.36
64
37.53
EV/EBITx
17.58
16.59
16.78
19.58
20.57
22.68
22.06
23.60
25.00
28.08
21.03
23.60
21.32
12
26.02
FCF yield (avg)%
11.67
12.17
10.15
12.61
13.00
15.88
17.09
15.81
15.97
13.07
18.11
15.88
13.04
33
8.86
FCF margin%
10.35
11.77
14.20
16.15
16.08
15.77
16.34
16.81
18.28
19.46
19.56
16.81
16.11
72
0.437
FCF / Net incomex
1.714
1.980
2.317
2.695
3.190
3.222
3.796
4.100
4.015
4.076
1.755
4.015
3.206
62
11.01
ROIC%
5.84
4.83
5.42
2.59
0.40
0.40
0.40
2.98
1.12
3.34
28.75
1.12
2.78
45
21.95
Return on equity%
9.51
10.69
13.01
14.48
13.82
11.17
11.34
12.40
12.85
14.03
20.92
12.40
12.62
12
6.65
Return on assets%
10.43
10.80
12.34
15.07
17.20
17.94
15.22
14.40
13.88
14.59
12.83
14.59
14.49
82
2.71
EPS¥
1.74
1.68
1.77
1.76
1.76
1.66
1.89
2.10
2.27
2.54
2.92
7.55%
3.19%
—
28.15
EPS growth%
3.44
6.08
6.85
4.50
6.80
9.48
11.88
10.42
9.33
6.68
23.51
9.48
6.82
73
1.95
Bookvalue per sh¥
2.73
3.08
3.22
3.09
2.96
2.87
3.19
3.58
3.86
4.17
1.77
7.06%
4.43%
—
1.17
FCF per share¥
1.40
1.37
1.41
1.50
1.78
1.73
2.02
2.10
2.19
2.15
1.69
3.85%
4.27%
—
1.01
Dividend per sh¥
1.46
1.65
1.49
1.67
1.66
1.59
1.51
1.65
1.70
1.62
2.65
(0.43%)
1.00%
—
17.43
Div yield (avg)%
28.23
30.86
30.47
31.20
33.57
32.92
30.76
32.01
31.38
31.66
20.19
31.66
31.29
16
22.49
Payout ratio%
5.53
3.05
3.68
6.20
8.96
10.85
9.76
9.36
8.95
9.75
3.57
9.75
8.95
17
816.1
Shares (diluted)M
915.4
897.3
812.0
820.9
761.8
829.1
826.8
731.1
793.6
764.7
846.5
0.08%
(2.12%)
35
15.80
Buyback yield%
27.84
29.82
29.87
26.89
26.89
27.61
26.42
25.52
27.61
30.56
19.41
27.61
27.61
51
0.930
D/E ratiox
0.821
0.782
0.776
0.786
0.768
0.782
0.807
0.875
0.964
0.841
1.587
0.841
0.796
8
3.884
Enterprise value¥B
4.563
4.697
4.496
4.583
3.939
3.460
3.423
3.072
2.998
2.746
4.238
(6.96%)
(4.35%)
23
2.726
LT debt¥B
1.808
1.891
1.851
1.856
1.958
2.068
1.904
1.989
2.070
1.931
4.602
(0.28%)
1.41%
64
Revenue
¥4.086B
7.31%
1.00×
Cost of revenue
¥2.860B
7.31%
1.00×
Operating expenses
¥838.3M
6.73%
0.95×
Cash and investments
19.81%
Goodwill & intangibles
18.56%
Property and equipment
18.09%
Spread over hurdle
34.71%