144.0
Revenue¥M
384.4
404.7
425.6
457.5
494.9
526.3
553.8
590.7
644.6
689.5
154.6
6.86%
6.95%
81
7.43
Revenue growth%
19.16
18.24
21.23
21.89
22.64
20.54
18.31
15.85
16.92
18.80
8.78
18.31
18.98
48
16.07
Gross margin%
34.96
36.53
33.94
32.57
35.25
38.24
39.24
37.96
39.14
38.87
16.61
38.87
37.25
66
8.89
Operating margin%
0.40
1.29
0.40
2.28
0.40
2.91
2.57
1.54
1.41
2.56
14.04
2.56
1.47
30
27.52
Net margin%
0.96
0.40
2.06
2.67
5.39
2.86
2.10
3.43
4.16
5.12
28.04
3.43
2.77
91
33.44
P/E ratio (avg)x
19.95
20.69
19.34
21.21
22.74
20.78
19.14
19.97
22.01
23.11
6.459
20.78
20.73
55
10.34
EV/EBITx
33.11
36.48
37.42
38.60
35.68
35.71
33.88
33.15
35.13
38.52
8.429
35.13
35.70
52
20.64
FCF yield (avg)%
21.74
19.28
19.59
21.07
18.92
17.05
20.04
20.65
23.55
21.26
17.29
20.65
20.34
66
22.24
FCF margin%
33.32
34.53
36.19
35.36
37.52
36.91
34.39
36.10
38.41
37.74
23.66
36.91
36.15
91
0.602
FCF / Net incomex
1.102
1.102
1.195
1.287
1.228
1.168
1.260
1.378
1.409
1.380
0.540
1.378
1.244
57
12.27
ROIC%
25.92
26.97
26.45
27.97
30.81
32.57
31.28
28.48
28.51
30.12
28.83
30.12
28.49
14
18.13
Return on equity%
13.94
15.80
15.26
16.85
15.33
14.13
12.65
11.09
10.95
10.22
22.81
11.09
14.03
55
30.00
Return on assets%
26.82
28.15
29.87
26.94
28.34
27.30
24.69
24.56
22.80
24.25
24.93
24.56
26.88
91
0.41
EPS¥
0.37
0.42
0.50
0.56
0.58
0.56
0.63
0.70
0.68
0.77
0.45
5.98%
7.67%
—
12.61
EPS growth%
11.56
11.79
12.56
15.05
13.29
15.45
16.88
13.96
13.39
15.41
18.11
15.41
13.67
31
0.41
Bookvalue per sh¥
0.37
0.37
0.39
0.41
0.40
0.47
0.45
0.46
0.53
0.52
0.21
5.46%
4.64%
—
0.72
FCF per share¥
0.71
0.86
1.00
1.11
1.15
1.28
1.56
1.54
1.77
1.73
0.46
8.49%
9.57%
—
0.46
Dividend per sh¥
0.33
0.31
0.30
0.29
0.32
0.34
0.30
0.33
0.33
0.38
0.22
3.01%
1.17%
—
21.65
Div yield (avg)%
12.68
10.39
7.68
5.27
4.82
7.63
6.72
4.27
5.66
5.30
26.82
5.66
6.19
9
22.61
Payout ratio%
20.36
21.27
22.14
20.75
21.63
20.02
20.04
17.33
15.01
14.01
24.86
17.33
20.20
76
0.517
Shares (diluted)B
0.628
0.645
0.672
0.788
0.797
0.940
1.033
1.056
1.187
1.334
0.488
10.85%
8.44%
30
22.45
Buyback yield%
25.09
26.59
29.29
28.41
27.93
29.97
28.50
27.61
25.79
24.81
7.31
27.61
27.77
30
0.416
D/E ratiox
1.039
1.059
1.020
1.128
1.274
1.459
1.518
1.464
1.698
1.962
0.935
1.518
1.367
79
393.3
Enterprise value¥M
166.3
172.8
168.2
176.8
200.0
192.7
213.1
222.9
232.9
266.7
284.9
5.92%
4.35%
32
416.7
LT debt¥M
657.3
672.8
707.9
755.3
694.9
714.1
751.0
816.4
815.8
807.8
487.5
3.06%
2.38%
42
Revenue
¥689.5M
6.95%
1.00×
Cost of revenue
¥412.0M
7.04%
1.01×
Operating expenses
¥126.0M
6.50%
0.96×
Property and equipment
18.24%
Goodwill & intangibles
16.55%
Spread over hurdle
(0.92%)