2.365
Revenue¥B
0.992
1.052
1.155
1.255
1.363
1.508
1.639
1.772
1.926
2.089
2.426
8.91%
8.47%
35
18.11
Revenue growth%
18.27
15.71
13.43
14.01
11.77
11.20
12.99
10.06
7.30
7.19
29.91
10.06
12.38
60
25.72
Gross margin%
20.21
18.39
18.74
17.07
19.23
19.65
22.60
23.26
22.42
23.01
4.65
22.60
19.93
24
27.66
Operating margin%
25.95
27.31
27.92
30.88
33.82
33.13
35.79
37.88
36.39
33.51
7.52
35.79
33.32
34
19.18
Net margin%
12.90
10.43
10.90
13.01
15.20
12.50
12.88
11.83
11.84
14.57
28.61
12.50
12.69
54
23.39
P/E ratio (avg)x
39.11
42.57
51.34
50.39
54.22
60.04
62.49
66.73
77.81
83.56
32.90
66.73
57.13
14
17.76
EV/EBITx
13.30
12.62
13.64
13.93
14.42
15.35
15.05
14.90
16.03
18.18
32.29
15.35
14.66
94
2.96
FCF yield (avg)%
3.62
3.02
5.77
4.40
4.19
2.16
2.16
3.12
2.16
3.45
10.31
2.16
3.28
19
11.20
FCF margin%
22.03
19.21
21.47
19.82
19.37
16.68
17.89
18.74
17.69
20.47
7.84
17.89
19.29
73
1.654
FCF / Net incomex
0.323
0.311
0.338
0.397
0.425
0.486
0.543
0.548
0.610
0.695
0.567
0.548
0.455
75
10.49
ROIC%
4.90
6.23
4.48
5.54
7.99
9.20
8.89
6.93
7.02
5.37
11.24
7.02
6.58
86
22.53
Return on equity%
1.10
0.43
1.64
0.40
0.40
2.22
0.40
0.40
1.56
3.93
8.60
1.56
0.77
7
18.81
Return on assets%
13.87
12.12
13.59
15.79
14.68
17.20
18.82
15.85
15.27
16.18
20.45
16.18
15.53
17
3.66
EPS¥
7.52
7.72
9.12
8.81
10.49
12.45
13.97
16.69
18.55
20.36
4.04
14.19%
11.75%
—
27.14
EPS growth%
14.01
13.40
15.13
13.78
12.38
10.43
10.59
12.22
9.36
8.47
23.43
10.43
12.30
90
1.92
Bookvalue per sh¥
3.51
3.29
3.13
3.59
4.13
4.03
4.18
4.47
4.77
5.39
4.76
5.48%
4.44%
—
1.84
FCF per share¥
4.65
5.25
4.95
5.09
5.36
5.90
6.36
5.99
6.44
7.20
2.20
6.07%
4.35%
—
1.74
Dividend per sh¥
2.10
2.26
2.29
2.37
2.37
2.58
2.37
2.23
2.45
2.71
3.94
2.70%
3.62%
—
23.82
Div yield (avg)%
31.14
31.48
29.91
27.99
26.97
26.77
27.86
26.57
25.27
24.57
15.70
26.57
27.41
17
19.72
Payout ratio%
17.21
16.05
16.10
15.21
13.30
15.43
14.36
16.76
14.39
14.67
29.58
14.67
15.32
84
163.0
Shares (diluted)M
133.4
124.4
112.4
109.7
98.47
93.05
104.6
113.3
121.4
128.2
160.1
5.42%
(0.77%)
31
20.65
Buyback yield%
9.53
11.40
12.62
14.14
11.35
11.28
14.22
12.24
15.20
12.25
29.39
12.25
12.24
38
1.172
D/E ratiox
0.807
0.723
0.788
0.833
0.881
0.987
1.091
1.137
1.211
1.341
0.659
1.137
0.934
81
0.163
Enterprise value¥B
1.803
1.779
1.864
1.897
1.816
2.059
1.873
2.110
2.256
2.177
0.735
3.69%
2.86%
80
1.340
LT debt¥B
1.566
1.571
1.624
1.522
1.589
1.557
1.607
1.496
1.578
1.737
1.307
1.79%
2.32%
32
Revenue
¥2.089B
8.47%
1.00×
Cost of revenue
¥1.421B
8.32%
0.99×
Operating expenses
¥303.5M
9.31%
1.08×
Cash and investments
15.31%
Spread over hurdle
(4.52%)