1.931
Revenue¥B
1.598
1.678
1.727
1.812
1.911
1.965
2.074
2.163
2.204
2.317
2.073
3.92%
4.10%
58
5.47
Revenue growth%
26.99
24.19
23.92
24.77
26.79
26.60
25.31
27.92
29.60
32.50
27.62
27.92
26.69
26
7.52
Gross margin%
12.54
10.24
10.01
10.29
8.03
6.60
3.78
1.40
1.59
1.39
22.86
1.59
7.32
87
11.34
Operating margin%
5.23
6.13
3.97
4.52
3.05
1.31
2.29
0.84
0.40
2.09
11.84
1.31
2.67
26
9.30
Net margin%
8.50
10.84
13.35
15.27
16.23
13.44
13.53
16.08
18.37
20.05
9.80
16.08
14.40
43
21.95
P/E ratio (avg)x
21.47
22.25
21.56
23.77
25.33
24.45
23.69
25.96
28.78
30.74
31.93
25.96
24.11
62
29.44
EV/EBITx
26.68
23.27
24.11
22.39
19.95
17.39
15.15
16.45
14.66
15.14
27.08
15.15
18.67
70
12.44
FCF yield (avg)%
24.46
24.99
22.59
24.27
23.18
23.18
22.01
19.18
20.20
19.97
29.04
20.20
22.88
19
7.61
FCF margin%
0.53
1.52
0.40
0.40
0.40
0.43
2.31
3.23
5.57
4.85
28.62
3.23
1.02
33
1.299
FCF / Net incomex
0.603
0.613
0.608
0.721
0.820
0.969
1.067
1.085
1.167
1.183
0.939
1.085
0.894
51
19.34
ROIC%
0.73
0.66
0.40
0.40
1.36
0.40
3.17
3.80
1.72
4.06
7.99
3.17
1.05
60
25.66
Return on equity%
28.02
30.84
28.13
27.05
28.59
26.97
24.30
22.23
22.58
24.27
2.88
24.27
27.01
86
24.79
Return on assets%
22.48
20.31
20.13
17.88
17.68
18.51
17.81
17.03
15.22
13.60
16.12
17.03
17.84
22
6.28
EPS¥
6.45
6.45
5.85
6.05
6.45
6.25
5.37
5.55
4.79
4.85
6.97
(5.56%)
(2.40%)
—
22.43
EPS growth%
23.49
24.95
24.42
21.60
21.55
22.20
19.47
17.50
17.50
15.87
9.96
17.50
21.58
44
11.24
Bookvalue per sh¥
5.71
6.20
6.88
7.38
8.60
8.85
8.40
9.87
9.70
11.30
6.57
5.61%
8.55%
—
11.60
FCF per share¥
6.08
6.63
7.38
8.64
8.41
8.05
7.94
8.42
8.75
9.48
7.34
2.42%
4.83%
—
7.04
Dividend per sh¥
8.93
8.92
8.26
8.35
8.80
8.46
8.98
8.82
8.10
8.18
2.07
(1.45%)
(0.42%)
—
24.77
Div yield (avg)%
4.23
6.20
5.20
5.53
8.21
10.29
9.36
10.81
13.38
15.36
24.51
10.81
8.79
73
10.07
Payout ratio%
25.27
25.82
27.00
27.80
25.72
23.88
23.68
24.05
23.99
26.25
13.08
23.99
25.50
5
118.0
Shares (diluted)M
92.11
102.7
114.6
119.8
126.7
125.1
133.3
127.5
143.7
129.9
117.5
0.50%
3.51%
62
19.46
Buyback yield%
27.02
28.37
29.14
28.55
28.52
27.01
29.71
28.72
29.33
29.66
26.42
29.33
28.64
83
0.380
D/E ratiox
0.237
0.228
0.234
0.256
0.259
0.240
0.260
0.243
0.245
0.227
1.275
0.243
0.241
38
1.055
Enterprise value¥B
1.258
1.463
1.699
1.710
1.849
1.951
1.977
1.972
1.921
1.860
0.320
0.12%
5.56%
32
2.331
LT debt¥B
1.138
1.088
1.056
1.016
0.952
0.969
0.943
0.948
0.856
0.768
2.552
(4.22%)
(3.68%)
40
Revenue
¥2.317B
4.10%
1.00×
Cost of revenue
¥1.586B
4.33%
1.02×
Operating expenses
¥329.2M
3.83%
0.97×
Cash and investments
18.66%
Property and equipment
16.15%
Goodwill & intangibles
15.52%
Spread over hurdle
(0.97%)