2.955
Revenue¥B
3.245
3.414
3.658
3.810
4.112
4.440
4.675
4.843
5.219
5.449
3.185
5.79%
6.17%
27
8.92
Revenue growth%
26.66
24.42
22.27
21.45
21.73
23.32
23.38
22.55
21.17
23.01
7.51
23.01
22.78
15
25.51
Gross margin%
9.71
11.51
11.55
13.65
11.29
9.98
10.68
13.60
13.85
15.57
25.39
13.60
11.53
82
5.50
Operating margin%
13.83
13.35
11.05
13.25
12.05
12.82
10.64
9.98
9.05
9.78
13.47
9.98
11.55
36
9.45
Net margin%
23.68
21.36
21.47
23.31
21.23
23.58
23.12
23.01
25.78
25.05
22.87
23.58
23.21
6
37.91
P/E ratio (avg)x
33.33
33.77
34.96
40.96
43.51
48.09
57.55
58.32
59.44
68.19
15.14
58.32
45.80
66
22.54
EV/EBITx
26.95
27.30
30.49
29.65
32.60
32.03
29.96
27.13
29.82
31.67
30.28
29.96
29.89
78
7.52
FCF yield (avg)%
19.05
17.87
16.56
14.05
14.98
17.44
19.10
17.59
17.31
18.23
11.80
17.59
17.51
83
26.60
FCF margin%
26.86
25.32
27.64
30.61
33.18
33.99
31.68
28.90
31.55
31.07
20.71
31.55
30.84
18
0.142
FCF / Net incomex
1.032
0.914
0.844
0.832
0.742
0.740
0.669
0.584
0.504
0.513
1.416
0.584
0.741
12
11.43
ROIC%
22.98
23.45
22.95
20.76
22.38
23.55
25.67
27.03
26.35
26.62
29.53
26.35
23.50
9
21.17
Return on equity%
14.14
12.39
9.73
12.07
11.30
13.74
14.62
16.75
14.53
17.51
13.72
14.62
13.94
54
9.75
Return on assets%
27.49
29.85
30.00
30.77
30.88
31.38
33.35
32.55
31.33
29.87
26.48
31.38
30.82
42
24.08
EPS¥
27.99
30.64
30.96
32.84
32.54
32.01
32.96
34.85
34.05
37.20
24.71
2.71%
4.67%
—
19.55
EPS growth%
14.27
16.35
17.13
18.08
20.04
17.13
14.90
15.56
14.28
15.83
9.71
15.56
16.09
30
9.30
Bookvalue per sh¥
39.53
44.37
48.89
49.41
52.40
61.36
59.82
60.35
69.35
67.24
25.69
5.11%
6.26%
—
8.45
FCF per share¥
11.21
9.92
8.89
7.54
6.47
5.72
6.13
5.37
5.32
5.70
5.16
(2.49%)
(6.61%)
—
4.79
Dividend per sh¥
31.62
36.77
35.99
40.78
41.27
48.54
49.44
50.89
55.83
56.59
5.46
6.51%
7.60%
—
7.99
Div yield (avg)%
19.01
17.77
15.96
16.31
17.20
19.42
19.49
21.54
22.59
23.62
26.90
21.54
19.22
24
16.68
Payout ratio%
26.41
28.69
30.20
31.96
30.96
31.84
31.00
31.11
33.95
35.77
5.31
31.84
31.05
80
232.2
Shares (diluted)M
250.3
256.6
292.1
331.4
365.3
340.8
338.8
357.1
362.3
366.4
237.3
0.06%
4.14%
73
25.86
Buyback yield%
0.68
3.65
4.92
6.12
3.47
5.06
3.10
3.55
5.69
5.48
4.84
5.06
4.28
20
0.736
D/E ratiox
1.318
1.483
1.400
1.312
1.455
1.311
1.236
1.216
1.215
1.264
0.359
1.236
1.312
16
2.614
Enterprise value¥B
2.227
2.452
2.476
2.775
2.991
3.093
2.851
2.961
3.211
3.484
0.399
3.10%
4.80%
88
4.970
LT debt¥B
0.615
0.712
0.781
0.911
0.930
0.904
0.904
1.020
1.131
1.285
1.831
6.67%
8.65%
84
Revenue
¥5.449B
6.17%
1.00×
Cost of revenue
¥3.210B
6.15%
1.00×
Operating expenses
¥1.208B
5.57%
0.95×
Property and equipment
15.16%
Spread over hurdle
25.20%