148.1
Revenue¥M
279.8
298.5
311.1
323.7
346.4
368.5
388.9
415.0
443.0
459.5
161.7
5.81%
5.64%
91
9.48
Revenue growth%
28.07
29.02
27.40
30.14
28.94
26.18
23.34
23.41
22.64
23.50
5.63
23.41
26.79
21
23.72
Gross margin%
18.93
18.54
21.07
21.95
19.62
22.53
23.95
22.04
19.18
18.75
19.89
22.04
20.35
49
28.51
Operating margin%
11.05
11.06
12.33
12.14
13.21
15.02
13.28
15.92
12.97
14.04
20.32
14.04
13.09
72
27.86
Net margin%
18.99
19.32
20.38
18.03
20.58
19.99
20.66
22.80
22.88
21.31
4.11
21.31
20.48
63
26.46
P/E ratio (avg)x
19.21
21.34
22.71
23.37
25.91
25.37
25.35
28.84
27.36
27.71
26.54
27.36
25.36
47
37.04
EV/EBITx
13.51
11.76
10.62
9.301
8.088
8.892
9.630
9.751
9.182
8.548
32.90
9.182
9.465
37
26.80
FCF yield (avg)%
15.11
13.15
13.96
13.47
12.68
10.74
8.85
8.26
9.06
10.74
20.08
9.06
11.71
30
12.00
FCF margin%
4.91
7.84
6.21
6.50
5.49
4.42
3.00
2.33
0.40
2.66
21.75
2.66
4.67
9
1.215
FCF / Net incomex
2.181
2.117
2.430
2.657
2.858
3.299
3.753
3.564
3.942
4.470
1.647
3.753
3.079
67
18.18
ROIC%
22.65
20.71
23.15
22.52
20.04
18.44
20.28
22.19
23.08
21.06
10.29
21.06
21.63
10
11.91
Return on equity%
13.35
11.81
10.50
12.77
12.58
13.13
13.61
16.38
13.99
15.27
5.33
13.99
13.24
72
29.28
Return on assets%
0.40
2.74
1.25
0.40
1.12
0.40
3.39
3.67
0.89
3.11
9.82
3.11
1.18
69
3.05
EPS¥
2.86
3.37
3.27
3.89
4.23
4.11
4.48
4.36
4.83
4.98
3.13
3.29%
7.20%
—
10.94
EPS growth%
29.03
27.01
27.97
30.32
33.31
33.38
32.02
30.88
28.22
27.88
15.55
30.88
29.68
48
2.40
Bookvalue per sh¥
3.01
2.89
2.54
2.41
2.51
2.71
2.50
2.46
2.13
1.99
1.78
(4.55%)
(3.36%)
—
1.12
FCF per share¥
2.42
2.74
2.98
2.80
3.17
3.03
3.20
3.24
3.27
3.25
0.54
0.49%
2.82%
—
1.13
Dividend per sh¥
4.06
4.65
5.21
5.93
5.39
5.24
5.10
4.81
4.66
4.40
1.47
(3.97%)
1.43%
—
29.39
Div yield (avg)%
33.24
30.32
27.62
25.39
25.80
26.43
27.77
27.18
25.65
23.25
29.73
26.43
26.80
82
27.57
Payout ratio%
4.27
4.10
2.40
2.21
0.89
0.44
0.40
0.86
2.63
3.03
16.74
0.86
2.31
56
159.3
Shares (diluted)M
268.3
277.1
332.8
355.9
376.3
428.9
494.1
598.2
711.1
723.2
163.9
13.96%
12.46%
84
19.95
Buyback yield%
2.04
2.23
2.87
5.70
6.60
9.57
12.36
14.54
12.60
15.08
25.34
12.60
8.08
74
0.583
D/E ratiox
2.372
2.397
2.722
2.612
2.767
3.045
2.945
2.779
2.731
2.545
1.381
2.779
2.727
66
104.2
Enterprise value¥M
65.89
63.61
61.62
63.27
64.17
63.78
67.33
76.06
71.68
73.36
93.93
2.71%
2.48%
45
117.1
LT debt¥M
329.5
369.1
373.0
394.0
372.4
426.2
396.2
454.9
496.6
556.5
533.1
8.36%
6.19%
85
Revenue
¥459.5M
5.64%
1.00×
Cost of revenue
¥275.9M
5.99%
1.03×
Operating expenses
¥66.10M
4.86%
0.93×
Spread over hurdle
10.12%