2.774
Revenue¥B
2.183
2.426
2.665
2.917
3.182
3.403
3.674
3.952
4.238
4.538
2.855
7.36%
8.57%
12
10.53
Revenue growth%
5.49
5.15
4.66
3.99
6.45
7.06
9.85
9.16
9.21
12.15
11.71
9.21
6.76
73
20.17
Gross margin%
25.65
26.27
28.48
30.02
32.21
32.37
31.31
29.47
32.25
30.40
19.91
31.31
30.21
53
3.47
Operating margin%
14.26
11.60
12.38
14.21
12.25
13.71
16.58
19.20
16.29
17.57
27.82
16.58
14.24
40
16.32
Net margin%
26.80
24.16
26.11
28.92
27.53
28.42
29.66
27.16
27.04
26.67
27.91
27.16
27.10
6
19.52
P/E ratio (avg)x
8.241
9.194
9.896
10.91
10.11
10.82
10.81
9.971
9.274
8.854
6.199
9.971
9.934
18
18.76
EV/EBITx
27.05
30.38
36.56
38.39
39.78
41.90
44.52
47.99
49.00
50.34
36.09
47.99
40.84
90
9.56
FCF yield (avg)%
4.85
7.85
8.01
10.78
8.29
7.37
10.31
9.66
8.83
8.33
4.72
8.83
8.31
30
18.01
FCF margin%
29.80
27.54
26.34
29.13
30.63
30.20
28.78
28.94
26.96
26.68
9.33
28.78
28.86
8
1.361
FCF / Net incomex
0.663
0.634
0.636
0.624
0.654
0.641
0.632
0.631
0.712
0.694
0.740
0.641
0.638
52
24.99
ROIC%
7.37
7.43
7.62
7.43
9.84
11.71
10.36
13.19
14.46
14.18
10.19
13.19
10.10
85
10.86
Return on equity%
13.05
10.77
11.85
12.82
14.99
17.51
18.14
17.48
19.67
21.32
23.67
18.14
16.23
29
10.24
Return on assets%
20.16
22.73
20.35
18.74
17.52
15.91
15.74
17.21
16.92
15.84
21.10
15.91
17.36
31
4.26
EPS¥
6.93
7.30
7.19
6.35
6.99
6.11
6.46
6.71
5.94
5.94
4.50
(3.22%)
(2.40%)
—
6.33
EPS growth%
9.90
10.74
13.48
15.05
14.98
16.49
14.34
14.15
12.38
15.30
15.70
14.34
14.25
17
3.95
Bookvalue per sh¥
2.33
2.39
2.46
2.85
3.20
3.22
3.51
3.63
3.63
3.72
8.36
3.06%
5.81%
—
2.13
FCF per share¥
10.64
10.84
10.94
11.28
11.24
10.91
12.64
13.59
13.71
13.90
3.97
4.34%
2.46%
—
2.25
Dividend per sh¥
7.75
8.38
9.12
11.04
11.20
11.75
11.79
13.26
14.91
16.66
6.20
8.27%
8.91%
—
29.47
Div yield (avg)%
14.83
12.68
9.74
8.39
10.90
9.45
9.40
9.20
8.59
7.07
22.11
9.20
9.43
26
18.78
Payout ratio%
17.79
19.16
20.68
20.20
21.20
23.88
25.21
24.66
26.74
24.76
25.00
24.76
22.54
91
151.4
Shares (diluted)M
135.1
131.5
142.5
133.1
120.1
121.9
106.4
104.6
95.67
94.98
153.0
(4.58%)
(4.54%)
59
2.42
Buyback yield%
11.28
8.63
10.54
12.14
10.77
12.69
14.09
14.87
14.52
13.15
27.82
14.09
12.41
50
0.384
D/E ratiox
1.899
1.928
1.993
2.370
2.448
2.890
3.070
3.034
2.995
3.305
0.641
3.034
2.669
30
3.517
Enterprise value¥B
2.605
2.398
2.217
2.133
2.304
2.268
2.246
2.004
1.825
1.622
3.431
(6.78%)
(5.36%)
32
3.569
LT debt¥B
1.952
2.153
2.126
2.192
2.110
2.198
2.530
2.589
3.083
3.507
0.342
10.70%
7.95%
66
Revenue
¥4.538B
8.57%
1.00×
Cost of revenue
¥3.137B
8.75%
1.02×
Operating expenses
¥883.6M
7.96%
0.95×
Goodwill & intangibles
15.90%
Spread over hurdle
(4.81%)