18.11
Revenue¥M
195.2
212.5
229.5
252.2
273.3
288.4
312.9
342.4
361.8
385.4
19.24
7.11%
7.86%
60
23.32
Revenue growth%
31.56
33.56
33.09
35.44
34.20
33.11
32.09
33.78
35.72
34.31
7.07
33.78
33.67
17
4.03
Gross margin%
25.78
26.13
26.93
24.66
24.46
24.64
24.61
23.17
20.62
20.96
2.19
23.17
24.62
33
14.01
Operating margin%
2.58
2.67
4.66
3.63
2.83
5.12
2.42
3.71
1.79
2.88
25.92
2.88
2.85
20
3.08
Net margin%
19.00
19.52
18.39
20.96
19.79
21.46
18.86
18.94
16.32
15.56
27.89
18.86
18.97
75
25.25
P/E ratio (avg)x
27.49
26.65
26.35
25.66
28.33
30.62
30.70
32.02
34.70
32.47
24.67
32.02
29.48
78
29.18
EV/EBITx
24.17
25.43
24.86
25.95
24.93
23.05
24.70
26.83
27.00
24.03
27.29
24.70
24.90
90
25.10
FCF yield (avg)%
16.19
18.32
15.44
12.76
15.76
18.47
16.05
17.68
18.36
16.77
23.07
17.68
16.48
22
11.58
FCF margin%
4.45
2.33
2.84
0.40
0.59
0.41
0.88
3.36
5.30
5.09
21.84
3.36
2.58
45
0.723
FCF / Net incomex
1.869
2.102
2.077
2.413
2.423
2.704
2.828
2.662
2.513
2.764
0.912
2.704
2.468
81
7.56
ROIC%
13.44
15.75
16.44
18.36
18.56
18.59
18.14
20.03
17.75
15.65
18.36
18.14
17.94
60
8.70
Return on equity%
18.49
18.22
16.45
14.02
14.55
16.76
14.92
15.55
15.41
16.43
16.48
15.55
15.99
56
13.37
Return on assets%
9.99
12.06
11.86
13.55
14.91
12.47
13.41
14.75
16.60
15.39
9.93
14.75
13.48
89
0.43
EPS¥
0.37
0.35
0.34
0.36
0.38
0.34
0.29
0.29
0.27
0.24
0.45
(8.81%)
(4.88%)
—
11.15
EPS growth%
14.97
13.24
10.33
8.70
8.64
9.49
7.43
6.48
5.56
2.88
12.09
6.48
8.67
46
1.22
Bookvalue per sh¥
1.81
2.18
2.52
2.65
2.65
2.69
3.11
3.35
3.39
3.50
0.63
5.75%
7.50%
—
1.08
FCF per share¥
2.33
2.74
2.90
3.42
3.33
3.58
3.78
3.61
3.81
3.92
0.56
3.30%
6.61%
—
0.75
Dividend per sh¥
1.31
1.40
1.46
1.52
1.51
1.63
1.57
1.84
2.05
2.00
0.97
5.75%
6.02%
—
26.39
Div yield (avg)%
12.82
14.31
11.83
14.24
15.19
14.73
12.49
12.49
13.49
14.95
20.79
13.49
13.87
66
2.89
Payout ratio%
21.85
24.66
23.96
23.00
23.60
25.50
28.39
26.04
28.71
28.86
20.48
28.39
25.08
95
92.81
Shares (diluted)M
149.9
160.7
178.1
201.4
241.3
233.3
273.0
297.4
308.4
305.6
95.17
4.84%
8.36%
52
2.52
Buyback yield%
7.08
5.85
2.93
2.92
0.40
3.18
4.64
1.99
3.65
3.86
29.40
3.65
3.41
41
1.745
D/E ratiox
0.415
0.389
0.414
0.411
0.395
0.385
0.357
0.319
0.296
0.280
0.852
0.319
0.387
9
328.9
Enterprise value¥M
231.0
222.8
226.7
243.8
273.3
290.4
298.6
313.5
370.8
424.9
125.7
9.23%
7.46%
50
165.7
LT debt¥M
159.9
140.3
141.3
154.2
156.4
141.8
143.3
134.4
124.6
109.4
346.0
(6.90%)
(4.50%)
83
Revenue
¥385.4M
7.86%
1.00×
Cost of revenue
¥256.0M
8.13%
1.03×
Operating expenses
¥75.84M
7.45%
0.96×
Cash and investments
16.39%
Spread over hurdle
(1.38%)