197.2
Revenue¥M
224.7
247.3
270.9
291.1
315.8
336.5
367.6
397.9
422.9
457.5
207.5
7.70%
8.08%
76
15.86
Revenue growth%
6.09
8.93
9.83
10.59
13.16
16.13
18.16
15.60
12.83
10.43
17.39
15.60
11.71
7
8.61
Gross margin%
17.57
18.29
19.33
21.93
20.39
21.50
19.70
17.78
15.40
17.64
21.54
17.78
18.81
76
22.83
Operating margin%
8.32
10.11
12.90
11.87
13.72
13.97
15.26
13.75
15.95
17.44
27.71
15.26
13.74
94
27.66
Net margin%
9.90
10.57
12.55
15.02
16.37
17.18
15.82
18.35
16.28
13.59
29.26
16.28
15.42
75
6.542
P/E ratio (avg)x
29.72
34.64
36.85
42.60
41.55
45.96
50.48
55.15
62.79
67.07
21.30
55.15
44.28
71
35.62
EV/EBITx
24.14
23.26
25.49
28.52
27.13
27.80
30.79
29.30
31.64
33.48
37.80
30.79
28.16
58
5.50
FCF yield (avg)%
6.95
9.68
8.28
11.15
9.39
10.37
11.36
9.15
9.39
9.97
8.58
9.97
9.53
46
24.59
FCF margin%
15.14
15.83
18.11
15.76
14.86
16.84
18.28
18.52
15.70
14.36
7.12
16.84
15.80
74
0.140
FCF / Net incomex
1.234
1.097
1.185
1.177
1.082
0.954
0.861
0.817
0.739
0.650
1.320
0.817
1.018
53
27.38
ROIC%
17.95
19.61
21.03
21.68
21.16
21.84
21.93
23.80
24.05
26.58
19.57
23.80
21.76
87
12.30
Return on equity%
18.18
15.85
17.88
18.50
20.92
18.45
15.55
16.89
17.33
18.20
7.96
17.33
18.03
58
22.96
Return on assets%
6.56
9.10
9.82
9.36
7.81
9.24
11.49
13.77
15.63
13.10
9.03
13.10
9.59
93
1.37
EPS¥
0.58
0.58
0.58
0.68
0.68
0.81
0.78
0.74
0.83
0.95
1.43
6.91%
5.24%
—
23.16
EPS growth%
0.78
1.89
1.40
3.30
3.04
2.73
2.22
0.40
3.34
4.91
12.97
2.73
2.48
58
0.68
Bookvalue per sh¥
1.31
1.38
1.65
1.68
1.73
1.80
1.79
1.98
1.98
2.23
1.38
5.18%
6.54%
—
0.96
FCF per share¥
0.74
0.74
0.74
0.68
0.68
0.63
0.56
0.61
0.59
0.52
0.29
(5.32%)
(3.57%)
—
0.29
Dividend per sh¥
1.78
1.81
1.85
1.77
1.79
1.89
1.79
2.07
2.30
2.31
0.26
5.24%
3.40%
—
20.86
Div yield (avg)%
9.20
10.26
9.31
10.39
9.85
9.72
12.17
10.38
12.13
13.90
20.77
12.13
10.32
71
20.67
Payout ratio%
28.09
26.96
26.23
28.31
26.55
28.65
29.24
31.03
31.15
31.59
10.53
31.03
28.48
26
296.4
Shares (diluted)M
205.1
213.5
227.0
245.6
236.5
243.1
250.1
258.6
293.5
284.6
303.5
3.77%
2.79%
46
25.29
Buyback yield%
2.79
5.70
2.91
4.32
3.91
3.46
6.06
3.53
1.99
3.07
24.18
3.46
3.49
93
1.762
D/E ratiox
0.481
0.488
0.462
0.447
0.420
0.463
0.444
0.454
0.493
0.486
0.457
0.463
0.462
25
133.0
Enterprise value¥M
488.5
524.7
522.0
511.1
500.7
587.4
585.2
649.5
670.0
716.0
224.9
7.42%
5.27%
91
0.394
LT debt¥B
0.496
0.552
0.552
0.619
0.696
0.779
0.879
1.000
1.066
0.988
0.581
7.26%
7.75%
73
Revenue
¥457.5M
8.08%
1.00×
Cost of revenue
¥320.2M
8.08%
1.00×
Operating expenses
¥70.34M
7.42%
0.94×
Cash and investments
21.32%
Goodwill & intangibles
14.13%
Spread over hurdle
(3.20%)