1.122
Revenue¥B
2.175
2.268
2.350
2.464
2.628
2.764
2.889
3.091
3.270
3.385
1.175
5.19%
4.98%
47
7.22
Revenue growth%
20.52
22.82
25.22
23.08
25.87
26.13
25.95
23.46
25.00
25.45
15.94
25.45
25.11
65
2.10
Gross margin%
28.05
25.20
26.21
23.56
24.22
25.42
24.37
26.91
25.09
25.72
9.34
25.42
25.31
95
15.63
Operating margin%
15.04
14.62
17.05
14.85
15.91
14.19
13.28
10.34
10.79
12.40
7.00
12.40
14.41
83
16.24
Net margin%
13.00
15.82
16.45
15.34
17.45
16.52
14.01
11.82
13.30
10.73
4.72
13.30
14.67
15
31.70
P/E ratio (avg)x
18.87
19.05
16.76
15.50
16.80
16.82
15.09
14.94
13.26
11.99
33.41
14.94
16.13
51
14.53
EV/EBITx
50.70
57.70
64.70
72.39
84.00
96.02
106.2
120.5
120.6
117.6
36.70
117.6
90.01
37
14.87
FCF yield (avg)%
5.32
5.73
5.29
7.33
6.97
4.84
7.46
8.53
8.91
8.76
10.03
8.53
7.15
82
29.60
FCF margin%
20.63
17.79
15.51
14.15
12.28
11.66
13.81
15.56
18.04
16.22
4.21
15.56
15.54
30
0.194
FCF / Net incomex
0.280
0.272
0.262
0.245
0.243
0.259
0.266
0.282
0.282
0.277
1.182
0.277
0.269
51
29.92
ROIC%
23.45
24.27
22.88
20.31
17.56
17.92
19.00
16.48
16.39
16.40
7.49
16.48
18.46
16
9.96
Return on equity%
15.81
13.01
10.24
10.71
9.33
9.41
6.59
5.75
3.48
2.15
26.94
5.75
9.37
20
26.71
Return on assets%
1.26
0.40
2.84
2.94
0.40
1.00
0.40
3.01
5.65
6.20
29.88
3.01
2.05
36
7.50
EPS¥
2.13
2.25
2.41
2.59
2.82
3.07
3.10
2.75
2.87
3.04
7.85
1.50%
3.31%
—
19.69
EPS growth%
8.89
11.69
8.95
7.39
7.72
7.02
8.94
10.49
8.58
8.55
19.91
8.58
8.74
42
3.14
Bookvalue per sh¥
2.91
3.20
3.25
3.40
3.44
2.97
2.69
2.65
2.36
2.29
6.23
(7.86%)
(3.64%)
—
1.57
FCF per share¥
3.15
3.03
3.26
3.31
3.11
3.51
3.39
3.82
3.86
4.24
4.78
6.44%
3.01%
—
7.01
Dividend per sh¥
7.81
8.65
9.86
11.13
10.44
9.87
10.94
11.82
12.67
14.25
3.96
6.42%
7.63%
—
19.55
Div yield (avg)%
22.87
24.51
22.46
21.32
23.37
22.49
24.02
23.75
24.48
24.09
13.13
24.02
23.56
12
21.43
Payout ratio%
5.91
7.00
4.18
5.85
5.00
7.93
7.77
10.03
10.48
11.88
11.14
10.03
7.38
67
115.3
Shares (diluted)M
156.2
156.5
160.1
173.1
198.9
195.8
226.8
248.9
268.7
298.1
117.9
8.43%
8.06%
62
29.89
Buyback yield%
15.24
16.46
15.71
14.66
17.41
19.30
18.64
17.47
17.23
15.42
10.68
17.47
16.84
62
0.504
D/E ratiox
0.293
0.282
0.250
0.215
0.226
0.233
0.246
0.247
0.263
0.227
0.569
0.246
0.246
66
1.199
Enterprise value¥B
1.102
1.111
1.076
1.194
1.195
1.390
1.601
1.731
1.989
2.075
1.307
11.67%
7.49%
83
0.583
LT debt¥B
1.052
1.108
1.208
1.154
1.161
1.287
1.445
1.419
1.515
1.412
2.083
3.98%
3.90%
59
Revenue
¥3.385B
4.98%
1.00×
Cost of revenue
¥2.370B
4.98%
1.00×
Operating expenses
¥656.6M
4.83%
0.99×
Spread over hurdle
(7.46%)