1.630
Revenue¥B
1.060
1.139
1.222
1.275
1.323
1.380
1.484
1.586
1.689
1.788
1.691
6.20%
6.03%
17
9.16
Revenue growth%
4.05
2.00
0.40
2.95
0.40
0.40
2.72
5.40
6.36
6.12
6.01
5.40
2.83
70
5.38
Gross margin%
5.80
7.00
6.15
3.82
3.60
2.97
3.84
6.80
7.99
7.65
25.46
6.80
5.97
21
10.15
Operating margin%
12.87
11.85
14.83
13.38
16.24
18.49
16.36
19.34
21.96
22.65
26.77
19.34
16.30
81
23.87
Net margin%
9.92
11.56
11.94
13.43
16.17
19.04
19.99
19.41
20.08
22.76
17.06
19.99
17.60
36
25.25
P/E ratio (avg)x
28.38
26.50
25.84
26.92
28.21
25.14
26.02
22.71
23.85
21.19
18.67
23.85
25.93
52
36.63
EV/EBITx
41.95
41.52
44.80
49.09
45.50
45.79
52.67
55.58
60.55
60.86
11.42
55.58
47.44
53
19.98
FCF yield (avg)%
15.72
18.54
16.06
16.63
18.42
16.94
17.42
16.86
17.95
19.50
6.97
17.42
17.18
21
25.93
FCF margin%
27.71
27.74
28.32
29.63
30.32
28.70
26.80
26.50
23.54
23.31
22.29
26.50
27.72
82
1.223
FCF / Net incomex
1.435
1.421
1.550
1.754
2.083
2.433
2.552
2.837
3.127
3.238
0.204
2.837
2.258
84
26.94
ROIC%
2.32
0.40
2.42
0.71
0.79
0.40
1.00
0.40
0.88
2.09
6.25
0.88
0.83
15
8.13
Return on equity%
9.90
12.01
10.32
7.56
9.03
12.01
12.17
13.16
15.55
18.45
4.25
13.16
12.01
88
17.85
Return on assets%
14.41
16.41
18.06
18.19
17.68
16.25
17.37
14.59
12.10
9.34
24.18
14.59
16.33
35
0.90
EPS¥
0.43
0.48
0.57
0.63
0.62
0.60
0.70
0.75
0.87
0.91
1.00
7.89%
8.60%
—
24.21
EPS growth%
20.16
21.72
21.08
20.18
21.95
19.19
16.86
16.08
15.12
13.30
28.99
16.08
19.67
41
0.69
Bookvalue per sh¥
0.25
0.24
0.25
0.28
0.27
0.28
0.32
0.32
0.31
0.30
0.93
2.25%
2.25%
—
0.83
FCF per share¥
1.25
1.20
1.15
1.10
1.19
1.08
1.09
0.99
1.03
0.92
0.35
(5.03%)
(3.09%)
—
0.88
Dividend per sh¥
1.29
1.49
1.44
1.42
1.55
1.57
1.55
1.78
1.85
1.76
0.47
2.60%
4.65%
—
10.52
Div yield (avg)%
13.20
13.58
16.50
17.62
16.79
16.12
13.12
10.24
12.32
9.57
15.13
12.32
13.39
18
23.21
Payout ratio%
7.24
7.94
7.88
6.66
8.98
10.24
12.16
9.91
7.19
6.48
2.06
9.91
7.91
44
911.7
Shares (diluted)M
876.0
759.7
705.5
647.6
580.1
561.1
534.7
531.2
516.2
527.3
903.5
(1.89%)
(4.17%)
16
25.53
Buyback yield%
12.57
10.40
7.82
7.69
9.11
8.80
9.15
7.96
9.45
7.70
21.29
8.80
8.96
32
0.232
D/E ratiox
0.333
0.328
0.345
0.386
0.381
0.354
0.347
0.347
0.380
0.423
0.397
0.354
0.350
54
1.628
Enterprise value¥B
1.342
1.237
1.272
1.287
1.146
1.230
1.282
1.135
1.037
1.003
0.161
(2.61%)
(3.20%)
34
1,565
LT debt¥M
813.6
724.6
675.4
604.7
670.6
703.1
757.8
751.0
703.9
767.2
664.5
2.73%
(1.72%)
55
Revenue
¥1.788B
6.03%
1.00×
Cost of revenue
¥1.251B
6.03%
1.00×
Operating expenses
¥311.2M
5.75%
0.97×
Spread over hurdle
(3.85%)