1.539
Revenue¥B
1.522
1.658
1.747
1.878
1.990
2.099
2.265
2.395
2.547
2.727
1.678
6.51%
6.65%
74
22.25
Revenue growth%
23.26
22.04
23.50
22.79
25.33
22.52
23.69
25.83
27.68
25.53
8.61
25.53
23.59
91
18.89
Gross margin%
9.19
7.30
5.35
3.18
1.54
0.40
2.77
3.00
0.40
0.40
5.08
0.40
2.89
45
10.68
Operating margin%
6.11
5.10
4.07
6.91
4.32
5.68
5.40
7.99
8.59
10.69
16.78
7.99
5.90
39
14.03
Net margin%
25.20
27.03
28.67
29.91
28.87
27.55
28.27
31.26
30.25
29.79
14.68
29.79
28.77
70
33.26
P/E ratio (avg)x
53.48
61.93
73.05
73.46
82.76
90.58
101.3
111.4
132.8
138.3
8.603
111.4
86.67
73
14.34
EV/EBITx
9.168
8.971
8.941
9.313
9.359
9.977
10.29
10.58
9.470
9.525
11.92
9.977
9.415
27
17.79
FCF yield (avg)%
34.57
36.32
36.76
34.93
32.67
33.44
35.38
32.61
31.30
32.11
5.96
32.61
34.01
20
13.60
FCF margin%
9.88
7.71
7.98
5.39
6.63
8.47
8.33
7.27
5.11
3.89
29.19
7.27
7.49
69
0.753
FCF / Net incomex
0.223
0.211
0.200
0.226
0.213
0.243
0.259
0.298
0.289
0.331
0.301
0.289
0.235
12
2.31
ROIC%
10.11
12.59
13.15
10.81
13.40
11.32
12.48
10.40
11.96
12.33
2.66
11.96
12.14
87
27.56
Return on equity%
22.43
21.71
19.70
17.47
17.36
18.03
19.16
20.19
20.26
19.33
5.31
19.33
19.52
30
14.30
Return on assets%
9.02
10.45
12.31
10.86
8.03
5.25
7.81
8.18
6.90
6.48
16.90
6.90
8.10
81
9.04
EPS¥
5.71
5.65
5.51
5.81
5.95
6.08
5.81
6.67
7.42
8.42
9.46
7.20%
4.87%
—
26.29
EPS growth%
11.59
8.72
8.55
7.64
7.59
10.27
10.87
12.40
14.36
11.83
10.81
11.83
10.57
65
5.70
Bookvalue per sh¥
7.20
8.44
9.26
9.35
9.49
10.71
11.34
12.08
13.66
13.59
3.69
7.44%
6.80%
—
5.09
FCF per share¥
4.93
4.78
4.47
4.17
4.06
4.27
4.13
4.17
4.23
4.21
2.14
0.73%
(1.84%)
—
7.11
Dividend per sh¥
10.15
10.60
11.91
13.54
15.15
16.31
18.09
19.57
19.99
21.12
8.33
6.87%
9.08%
—
27.06
Div yield (avg)%
24.57
22.41
20.46
22.66
25.10
27.79
29.99
29.84
28.95
27.52
16.58
28.95
26.31
72
7.38
Payout ratio%
8.87
6.26
6.04
8.73
9.65
7.42
5.70
6.39
7.30
6.28
17.63
6.39
6.85
44
143.2
Shares (diluted)M
196.8
188.5
202.4
192.5
193.5
204.1
187.5
177.3
174.1
186.3
144.6
(0.76%)
0.42%
16
5.21
Buyback yield%
1.85
0.91
3.17
5.68
6.61
5.68
7.26
5.86
8.01
7.68
27.81
7.26
5.77
41
1.449
D/E ratiox
0.157
0.163
0.151
0.154
0.157
0.143
0.130
0.125
0.130
0.112
1.766
0.130
0.147
27
0.351
Enterprise value¥B
0.160
0.159
0.163
0.171
0.194
0.213
0.232
0.251
0.244
0.269
1.820
6.80%
5.03%
16
0.790
LT debt¥B
3.157
3.533
3.989
3.789
3.843
3.803
4.282
4.185
4.403
4.853
1.306
4.78%
4.91%
76
Revenue
¥2.727B
6.65%
1.00×
Cost of revenue
¥1.909B
6.65%
1.00×
Operating expenses
¥512.8M
5.64%
0.91×
Property and equipment
13.14%
Spread over hurdle
(6.00%)