2.023
Revenue¥B
1.708
1.781
1.867
1.943
1.978
2.000
2.110
2.203
2.301
2.371
2.068
3.69%
3.70%
39
26.89
Revenue growth%
0.40
0.40
1.56
3.78
1.64
4.47
4.83
2.18
0.73
0.40
2.74
2.18
1.60
84
11.80
Gross margin%
8.56
7.46
7.78
4.94
4.30
5.67
5.01
2.82
1.65
2.01
6.52
2.82
4.97
85
11.04
Operating margin%
1.68
1.03
2.36
2.99
3.88
1.65
0.72
2.31
3.54
2.12
28.00
2.12
2.22
37
7.91
Net margin%
22.22
20.14
18.52
15.64
16.79
15.78
16.11
16.96
16.58
18.31
27.74
16.58
16.88
92
22.46
P/E ratio (avg)x
16.36
16.84
17.54
16.60
18.13
17.46
19.48
22.52
22.04
21.30
35.65
21.30
17.83
44
6.133
EV/EBITx
23.69
25.83
28.57
29.56
30.22
33.14
36.77
38.37
35.12
33.67
31.72
35.12
31.68
87
15.50
FCF yield (avg)%
1.60
4.27
4.00
4.45
6.03
6.41
6.14
3.41
5.97
7.51
21.31
6.14
5.21
94
14.03
FCF margin%
28.99
26.58
26.90
27.21
29.56
31.39
30.44
33.39
34.43
33.58
25.91
33.39
30.00
41
1.080
FCF / Net incomex
0.570
0.593
0.627
0.700
0.758
0.787
0.935
1.121
1.175
1.141
1.570
1.121
0.772
81
9.91
ROIC%
23.67
21.17
21.47
18.63
21.60
20.31
22.08
23.93
23.35
22.18
15.63
22.18
21.84
23
19.62
Return on equity%
16.96
14.84
11.92
13.53
11.26
10.61
9.19
10.60
10.26
12.09
13.84
10.60
11.59
32
12.87
Return on assets%
20.47
19.16
18.98
17.80
15.61
15.47
14.41
14.88
14.66
14.75
8.38
14.75
15.54
87
1.11
EPS¥
1.31
1.38
1.40
1.40
1.65
1.76
1.95
1.95
1.87
2.03
1.17
4.20%
5.11%
—
12.62
EPS growth%
22.41
24.71
25.06
26.72
27.65
27.83
29.78
29.78
29.49
29.75
25.56
29.75
27.74
57
1.63
Bookvalue per sh¥
2.64
2.66
2.77
2.81
2.92
2.71
2.63
2.44
2.37
2.17
2.57
(5.75%)
(2.51%)
—
0.98
FCF per share¥
0.96
0.90
0.78
0.79
0.73
0.63
0.55
0.58
0.62
0.55
0.63
(5.51%)
(4.89%)
—
1.32
Dividend per sh¥
2.08
2.16
2.43
2.75
2.79
2.65
2.79
2.95
2.76
2.98
0.41
1.32%
2.73%
—
29.59
Div yield (avg)%
0.40
0.40
1.14
0.40
0.40
0.40
0.40
0.40
0.40
0.55
22.51
0.40
0.40
71
29.87
Payout ratio%
27.67
24.96
26.66
27.18
29.92
29.92
28.99
26.07
26.53
28.21
26.70
28.21
27.42
80
472.7
Shares (diluted)M
423.5
399.9
448.0
417.9
428.5
447.7
431.6
435.3
384.7
370.8
468.7
(2.85%)
(0.55%)
15
10.22
Buyback yield%
15.30
14.37
16.72
18.37
19.79
17.21
14.43
11.73
14.17
14.51
25.51
14.43
14.90
48
1.325
D/E ratiox
0.229
0.228
0.209
0.179
0.194
0.178
0.156
0.159
0.167
0.144
1.196
0.159
0.178
75
0.904
Enterprise value¥B
1.168
1.342
1.291
1.490
1.711
1.745
1.854
2.050
2.126
2.099
2.900
4.17%
5.36%
33
2.121
LT debt¥B
0.842
0.864
0.842
0.836
0.922
1.040
1.013
0.996
1.184
1.160
0.120
4.70%
5.05%
22
Revenue
¥2.371B
3.70%
1.00×
Cost of revenue
¥1.651B
3.70%
1.00×
Operating expenses
¥368.3M
3.59%
0.99×
Cash and investments
20.24%
Spread over hurdle
11.44%