2.003
Revenue¥B
1.365
1.445
1.530
1.622
1.747
1.873
1.972
2.101
2.239
2.398
2.103
6.54%
6.62%
47
2.02
Revenue growth%
14.16
12.94
9.99
8.01
8.08
7.83
7.84
7.78
8.67
6.44
3.87
7.83
8.04
36
8.10
Gross margin%
2.31
4.49
3.35
5.95
4.04
5.44
7.50
8.56
6.24
4.91
17.64
6.24
5.18
13
10.41
Operating margin%
25.73
27.29
27.11
26.39
26.98
28.75
30.59
33.58
30.94
32.19
14.48
30.94
28.02
53
10.81
Net margin%
9.46
7.27
9.56
6.73
6.26
6.96
4.51
2.08
3.74
6.11
28.97
4.51
6.50
19
11.90
P/E ratio (avg)x
34.84
38.81
41.07
44.92
46.13
53.04
54.09
61.33
72.92
85.69
22.86
61.33
49.59
84
29.13
EV/EBITx
12.76
12.16
11.25
12.06
12.51
10.79
9.667
8.401
7.986
8.388
26.28
8.401
11.02
13
17.33
FCF yield (avg)%
1.21
0.40
1.44
0.40
0.40
0.40
2.98
4.74
5.20
4.90
11.40
4.74
1.33
59
17.81
FCF margin%
25.81
28.54
29.77
28.71
30.05
32.28
31.91
30.82
28.39
29.47
10.95
30.82
29.62
63
1.787
FCF / Net incomex
1.407
1.315
1.150
1.046
1.030
0.957
0.966
0.866
0.849
0.827
0.889
0.866
0.998
15
18.73
ROIC%
21.45
18.55
16.95
15.35
16.96
14.61
16.57
18.43
19.37
20.39
25.22
18.43
17.69
43
28.23
Return on equity%
3.10
2.52
1.61
4.19
3.65
4.28
5.20
8.15
7.75
5.08
20.34
5.20
4.24
35
28.99
Return on assets%
10.18
8.52
6.98
8.49
10.60
8.84
9.80
8.66
7.40
9.45
26.07
8.84
8.75
80
0.60
EPS¥
0.39
0.39
0.40
0.41
0.40
0.44
0.43
0.49
0.51
0.58
0.64
8.03%
3.79%
—
7.62
EPS growth%
28.76
28.10
30.09
30.96
33.22
33.49
30.72
27.85
30.15
27.34
3.91
30.15
30.12
70
0.20
Bookvalue per sh¥
0.20
0.19
0.20
0.20
0.19
0.16
0.17
0.18
0.15
0.16
0.28
(3.60%)
(3.83%)
—
0.82
FCF per share¥
0.42
0.50
0.52
0.51
0.50
0.50
0.49
0.53
0.55
0.57
0.24
2.47%
4.54%
—
0.63
Dividend per sh¥
1.37
1.58
1.60
1.79
2.04
2.20
2.27
2.67
2.82
2.94
0.46
7.56%
9.32%
—
22.80
Div yield (avg)%
21.65
24.55
27.19
27.47
26.79
24.84
27.39
26.66
29.22
31.12
22.04
27.39
26.99
76
2.09
Payout ratio%
10.78
13.30
14.99
14.78
15.15
15.60
17.95
16.40
13.48
15.66
11.37
15.66
15.07
80
0.685
Shares (diluted)B
0.981
1.159
1.350
1.617
1.949
1.963
2.254
2.537
2.573
2.777
0.674
7.34%
13.00%
73
10.43
Buyback yield%
21.83
19.97
19.20
17.46
14.98
13.26
10.44
8.73
5.92
7.34
28.61
8.73
14.12
25
0.601
D/E ratiox
0.567
0.550
0.526
0.580
0.603
0.570
0.638
0.629
0.658
0.707
0.533
0.638
0.592
91
2.210
Enterprise value¥B
0.256
0.270
0.283
0.335
0.388
0.457
0.513
0.524
0.575
0.573
2.212
8.11%
10.46%
55
0.834
LT debt¥B
1.257
1.217
1.355
1.366
1.354
1.335
1.416
1.392
1.366
1.486
0.336
1.88%
1.47%
34
Revenue
¥2.398B
6.62%
1.00×
Cost of revenue
¥1.679B
6.62%
1.00×
Operating expenses
¥449.6M
7.37%
1.07×
Property and equipment
23.33%
Goodwill & intangibles
13.94%
Spread over hurdle
(5.17%)