738.6
Revenue¥M
386.8
415.9
451.7
487.5
527.7
587.1
646.9
706.7
784.5
866.3
781.8
10.42%
9.09%
16
22.51
Revenue growth%
19.98
21.30
20.14
20.32
22.38
19.87
20.59
18.88
21.00
20.66
6.46
20.59
20.46
90
20.76
Gross margin%
23.25
23.06
23.83
22.35
20.95
18.02
17.81
18.02
16.38
14.48
20.29
17.81
19.49
46
25.23
Operating margin%
23.33
23.47
24.55
22.98
21.98
21.64
19.66
20.22
22.11
19.32
24.20
20.22
22.04
80
9.59
Net margin%
21.46
20.82
19.30
17.64
17.72
16.62
17.89
15.85
16.54
14.56
3.94
16.54
17.68
80
28.82
P/E ratio (avg)x
21.23
18.85
16.90
17.51
17.20
16.16
16.03
14.62
15.95
16.53
8.315
16.03
16.71
34
34.87
EV/EBITx
31.07
30.73
28.83
27.24
25.87
27.48
26.82
30.40
28.12
28.83
10.28
28.12
28.48
5
13.55
FCF yield (avg)%
17.53
17.76
17.72
20.10
19.62
22.13
23.52
23.36
25.41
22.75
17.22
23.36
21.12
49
18.69
FCF margin%
17.11
18.18
18.04
19.65
20.00
17.40
15.72
14.29
12.63
9.97
16.94
14.29
17.25
80
1.720
FCF / Net incomex
1.801
1.890
2.065
2.146
1.931
2.046
1.946
1.996
1.772
1.758
0.501
1.946
1.938
64
16.00
ROIC%
21.30
21.48
20.71
20.05
20.01
19.74
19.61
20.57
19.12
19.22
23.19
19.61
20.03
66
10.42
Return on equity%
18.49
16.13
13.57
13.07
14.26
14.99
16.02
17.41
18.25
21.08
20.42
17.41
16.07
26
7.64
Return on assets%
9.23
9.67
7.13
4.68
6.54
3.98
1.85
0.40
0.42
0.40
12.77
0.42
4.33
78
3.05
EPS¥
1.28
1.43
1.30
1.25
1.20
1.36
1.28
1.18
1.26
1.42
3.41
3.30%
1.03%
—
6.41
EPS growth%
24.33
21.69
24.60
23.59
22.42
23.46
23.89
22.39
22.36
24.03
11.94
23.46
23.53
69
1.78
Bookvalue per sh¥
2.34
2.39
2.19
2.24
2.21
2.34
2.13
1.90
2.06
2.12
0.49
(0.83%)
(1.38%)
—
0.94
FCF per share¥
2.74
2.94
3.29
3.78
3.92
3.77
3.63
3.95
4.28
4.71
1.40
3.73%
7.18%
—
1.87
Dividend per sh¥
1.73
1.89
1.84
1.91
2.19
2.40
2.59
2.94
3.16
3.61
1.10
10.51%
7.49%
—
21.12
Div yield (avg)%
14.47
15.00
17.62
15.23
17.60
15.32
13.81
16.70
18.95
20.92
14.53
16.70
16.01
17
15.91
Payout ratio%
25.74
23.96
22.20
23.33
22.19
23.23
21.19
20.91
18.10
18.12
26.61
20.91
22.19
39
157.7
Shares (diluted)M
146.4
149.3
147.3
162.2
170.1
164.5
145.9
152.3
151.5
148.0
156.8
(2.74%)
0.59%
19
22.31
Buyback yield%
25.77
23.99
22.08
22.84
24.91
27.81
28.57
27.16
29.37
27.21
11.58
27.81
26.47
19
1.754
D/E ratiox
2.387
2.444
2.722
3.020
3.080
3.394
3.613
3.672
3.655
3.978
0.760
3.655
3.237
48
698.7
Enterprise value¥M
69.24
73.22
64.27
57.13
55.48
52.59
53.01
56.29
56.81
56.91
471.0
0.51%
(2.18%)
90
650.9
LT debt¥M
323.3
315.5
307.3
306.0
369.7
439.2
480.3
480.8
477.5
500.5
644.9
6.25%
5.12%
87
Revenue
¥866.3M
9.09%
1.00×
Cost of revenue
¥606.4M
9.09%
1.00×
Operating expenses
¥174.1M
8.81%
0.97×
Goodwill & intangibles
17.06%
Cash and investments
16.95%
Spread over hurdle
(4.67%)