270.2
Revenue¥M
166.1
179.7
194.0
205.3
217.6
234.8
249.7
269.1
290.6
307.1
297.4
7.14%
6.79%
46
21.05
Revenue growth%
8.14
8.22
10.65
10.51
13.34
14.56
14.58
16.77
14.27
12.43
29.10
14.56
12.88
75
2.06
Gross margin%
21.79
22.65
20.79
21.91
21.58
18.93
19.18
18.49
15.69
17.85
27.13
18.49
19.99
87
8.87
Operating margin%
13.34
13.33
15.44
16.69
16.65
13.68
11.20
9.72
8.58
8.68
10.67
9.72
13.33
14
7.13
Net margin%
20.73
22.07
24.94
26.11
27.68
27.93
28.38
27.30
29.65
28.35
17.78
28.35
27.49
38
35.19
P/E ratio (avg)x
12.36
12.11
14.50
15.68
18.50
20.62
24.63
26.31
25.99
29.89
31.00
25.99
19.56
27
16.10
EV/EBITx
52.89
60.58
69.05
68.86
67.32
65.76
64.41
63.28
70.72
81.35
33.50
65.76
66.54
42
15.33
FCF yield (avg)%
4.93
2.40
1.37
0.89
3.08
1.13
1.09
0.92
2.72
5.47
19.02
1.13
1.88
9
25.73
FCF margin%
8.66
10.26
9.38
10.39
8.12
5.27
6.29
3.96
5.26
7.50
24.24
5.27
7.81
15
1.461
FCF / Net incomex
1.222
1.352
1.511
1.436
1.357
1.245
1.263
1.166
1.039
1.020
0.753
1.166
1.254
19
14.11
ROIC%
21.50
20.46
22.27
22.03
22.91
22.52
22.21
21.30
19.85
18.07
14.45
21.30
21.76
20
24.39
Return on equity%
8.54
8.88
7.96
9.98
8.66
8.46
7.22
4.60
4.29
6.15
13.80
6.15
8.21
58
17.18
Return on assets%
9.55
12.45
11.80
11.92
14.85
15.15
17.14
20.09
17.95
18.04
13.06
17.95
15.00
29
0.36
EPS¥
0.32
0.30
0.32
0.32
0.36
0.35
0.36
0.36
0.33
0.36
0.36
0.10%
1.28%
—
12.95
EPS growth%
2.69
4.85
6.44
7.28
4.69
6.88
4.29
4.95
3.95
1.75
22.73
4.29
4.77
25
0.50
Bookvalue per sh¥
0.35
0.42
0.47
0.49
0.52
0.58
0.68
0.78
0.87
0.91
0.24
11.94%
9.91%
—
0.53
FCF per share¥
0.76
0.85
1.00
1.07
1.07
1.06
1.27
1.48
1.45
1.51
0.31
7.07%
7.89%
—
0.51
Dividend per sh¥
0.30
0.26
0.26
0.26
0.23
0.22
0.21
0.18
0.20
0.20
0.19
(3.24%)
(5.58%)
—
9.22
Div yield (avg)%
25.14
25.39
28.31
29.27
26.89
24.73
25.90
27.91
26.28
26.77
27.22
26.28
26.53
28
17.52
Payout ratio%
19.81
19.02
19.05
18.24
18.58
20.84
20.69
21.26
18.87
17.29
18.49
20.69
19.03
58
252.7
Shares (diluted)M
322.4
351.2
391.4
410.4
450.2
527.6
537.2
554.4
541.2
642.4
255.4
7.37%
7.91%
36
16.10
Buyback yield%
16.11
14.51
13.35
12.82
9.83
12.29
14.56
14.22
14.40
12.36
22.87
14.22
13.78
78
1.414
D/E ratiox
1.109
1.261
1.431
1.342
1.549
1.685
1.748
1.926
2.046
2.106
1.467
1.926
1.617
72
190.3
Enterprise value¥M
130.7
138.3
149.9
155.3
183.4
200.7
218.4
219.7
249.4
255.5
31.19
6.86%
8.10%
49
190.8
LT debt¥M
73.75
71.52
66.87
61.36
66.05
58.85
51.15
52.98
47.98
48.01
229.4
(6.18%)
(5.17%)
72
Revenue
¥307.1M
6.79%
1.00×
Cost of revenue
¥162.1M
6.67%
0.99×
Operating expenses
¥40.35M
7.49%
1.07×
Cash and investments
19.80%
Property and equipment
16.05%
Return on capital
121.44%
Spread over hurdle
112.89%