284.4
Revenue¥M
358.1
359.3
365.1
372.4
382.0
379.3
389.6
399.8
407.3
423.7
307.4
2.09%
1.84%
53
15.48
Revenue growth%
29.18
28.68
30.36
27.84
29.56
27.81
30.68
30.70
29.56
30.55
28.99
30.55
29.56
42
2.12
Gross margin%
12.12
9.71
8.52
7.99
6.00
8.92
10.86
10.33
12.81
15.72
29.58
10.86
10.02
95
12.53
Operating margin%
25.77
28.30
25.84
26.69
28.01
30.44
27.78
28.73
29.63
27.21
13.95
28.73
27.89
37
29.84
Net margin%
17.97
16.21
18.75
19.24
16.41
17.86
19.73
20.76
18.65
17.17
9.34
18.65
18.31
78
24.26
P/E ratio (avg)x
22.93
24.11
26.87
26.08
25.99
26.60
27.73
30.76
32.77
30.11
28.44
30.11
26.74
88
6.094
EV/EBITx
28.40
31.91
33.65
33.88
30.98
28.42
31.39
33.65
35.64
37.08
32.40
33.65
32.78
83
22.56
FCF yield (avg)%
13.39
12.84
10.12
11.48
10.09
7.31
9.43
12.43
12.96
10.94
15.64
10.94
11.21
53
5.10
FCF margin%
34.86
32.89
32.59
31.97
29.49
30.80
30.35
31.26
32.09
32.05
20.66
31.26
32.01
75
0.514
FCF / Net incomex
0.304
0.287
0.316
0.312
0.350
0.314
0.351
0.330
0.325
0.340
0.903
0.330
0.320
70
23.33
ROIC%
18.53
20.72
18.86
21.13
21.13
21.02
18.12
19.49
18.06
20.77
21.66
19.49
20.11
76
14.21
Return on equity%
4.04
6.88
9.59
11.11
11.80
12.03
10.49
12.25
10.48
7.66
6.40
10.49
10.48
59
13.03
Return on assets%
5.18
5.33
3.63
4.43
4.38
6.66
6.03
4.64
4.88
5.38
13.29
5.38
5.03
57
0.19
EPS¥
0.37
0.37
0.38
0.39
0.42
0.40
0.38
0.34
0.37
0.33
0.20
(4.27%)
(1.94%)
—
21.99
EPS growth%
7.04
7.76
9.15
11.22
9.39
11.31
8.80
9.43
11.54
10.47
3.16
10.47
9.41
11
0.66
Bookvalue per sh¥
0.67
0.66
0.68
0.69
0.65
0.73
0.81
0.86
0.83
0.86
1.02
5.74%
3.40%
—
0.60
FCF per share¥
0.56
0.55
0.62
0.64
0.61
0.62
0.65
0.59
0.56
0.60
0.58
(0.39%)
0.88%
—
0.49
Dividend per sh¥
0.59
0.63
0.61
0.67
0.67
0.66
0.66
0.66
0.76
0.73
0.91
1.85%
3.15%
—
4.60
Div yield (avg)%
0.40
0.40
0.40
0.40
2.65
0.40
0.40
0.40
2.76
2.90
16.66
0.40
0.40
59
17.61
Payout ratio%
8.24
7.34
8.65
6.26
3.78
6.05
8.01
7.42
8.48
10.15
7.46
8.01
7.71
24
175.2
Shares (diluted)M
234.3
234.8
243.9
243.4
253.5
238.3
238.9
243.8
263.8
306.5
180.7
3.87%
3.21%
11
12.08
Buyback yield%
2.78
5.12
4.84
2.31
2.85
3.28
5.25
5.92
3.18
0.42
17.90
3.28
3.23
35
1.337
D/E ratiox
2.510
2.867
3.020
3.548
3.724
3.964
4.328
4.205
4.117
4.072
0.951
4.117
3.844
59
234.4
Enterprise value¥M
552.8
571.9
620.6
721.3
704.4
751.1
843.6
815.9
855.9
891.0
441.1
4.81%
6.32%
90
372.1
LT debt¥M
55.64
59.81
56.89
58.88
59.42
62.49
59.49
62.34
56.61
60.74
445.1
0.44%
0.86%
18
Revenue
¥423.7M
1.84%
1.00×
Cost of revenue
¥246.3M
1.86%
1.00×
Operating expenses
¥71.02M
1.19%
0.94×
Goodwill & intangibles
17.34%
Spread over hurdle
(1.87%)