179.0
Revenue¥M
314.3
326.1
335.5
339.2
353.5
360.3
374.0
382.0
389.7
402.3
189.2
2.62%
2.49%
33
3.08
Revenue growth%
10.62
11.10
12.85
11.16
9.78
10.14
7.64
5.47
4.73
2.20
28.32
5.47
9.96
36
28.24
Gross margin%
26.39
28.76
29.96
28.47
31.31
29.48
27.85
26.05
28.94
30.73
9.54
28.94
28.85
62
10.05
Operating margin%
24.24
24.28
21.59
21.61
23.75
25.12
24.61
24.84
23.53
24.48
5.55
24.61
24.26
13
26.86
Net margin%
7.25
7.55
7.73
8.46
10.69
13.29
15.88
13.65
14.01
12.40
29.54
13.65
11.54
47
20.16
P/E ratio (avg)x
20.69
19.50
17.51
17.81
17.71
16.30
17.22
16.85
18.25
18.02
37.02
17.22
17.76
77
23.74
EV/EBITx
5.169
5.266
5.332
5.605
4.870
4.709
5.021
5.380
5.200
5.549
23.81
5.200
5.233
38
15.53
FCF yield (avg)%
13.32
10.71
13.18
10.78
12.79
15.48
13.35
13.04
10.09
10.40
27.38
13.04
12.91
21
29.51
FCF margin%
25.28
23.46
21.02
21.14
23.03
23.27
22.74
19.77
22.22
20.03
2.26
22.22
22.48
70
1.602
FCF / Net incomex
1.179
1.247
1.164
1.295
1.350
1.244
1.369
1.426
1.341
1.302
0.349
1.341
1.299
7
24.97
ROIC%
34.58
32.18
29.71
29.31
30.95
31.74
31.12
32.63
34.03
33.03
22.03
32.63
31.96
22
18.73
Return on equity%
28.65
29.21
29.97
28.58
30.66
33.50
31.38
30.54
29.70
30.42
16.24
30.54
30.19
12
23.16
Return on assets%
20.56
21.53
24.32
25.09
24.81
22.69
25.67
25.70
26.77
25.31
7.35
25.67
24.95
89
0.23
EPS¥
0.61
0.61
0.56
0.56
0.60
0.60
0.59
0.61
0.64
0.62
0.25
0.66%
(0.08%)
—
10.79
EPS growth%
4.29
6.23
6.18
5.59
4.05
2.49
4.57
5.80
8.11
7.30
29.89
5.80
5.70
50
0.47
Bookvalue per sh¥
0.55
0.55
0.57
0.59
0.56
0.62
0.64
0.61
0.68
0.70
0.42
4.57%
3.85%
—
0.50
FCF per share¥
0.59
0.60
0.63
0.75
0.85
0.92
1.08
1.25
1.33
1.44
0.25
11.22%
10.07%
—
0.21
Dividend per sh¥
0.18
0.17
0.18
0.16
0.16
0.17
0.19
0.17
0.18
0.16
0.38
0.32%
(0.80%)
—
9.62
Div yield (avg)%
1.99
3.52
2.62
3.22
5.96
7.58
10.32
11.39
14.23
12.71
27.77
11.39
6.77
79
16.58
Payout ratio%
20.07
19.48
17.32
18.17
15.20
12.59
13.29
14.39
13.33
16.01
23.86
13.33
15.60
62
344.3
Shares (diluted)M
400.6
447.1
480.2
509.0
562.3
624.7
699.3
725.9
692.2
720.0
340.6
5.07%
6.02%
9
18.79
Buyback yield%
25.15
25.60
24.16
25.59
27.16
30.11
28.88
27.55
29.89
27.46
29.14
28.88
27.31
73
0.424
D/E ratiox
0.842
0.899
0.971
1.136
1.322
1.500
1.756
2.037
2.381
2.688
0.390
2.037
1.411
81
296.1
Enterprise value¥M
425.6
369.1
336.1
289.3
300.3
308.4
299.1
270.4
262.9
230.9
127.8
(5.12%)
(6.67%)
75
184.9
LT debt¥M
328.0
313.2
340.4
352.2
399.3
458.5
494.3
473.5
536.9
570.5
405.2
7.40%
6.38%
84
Revenue
¥402.3M
2.49%
1.00×
Cost of revenue
¥281.6M
2.49%
1.00×
Operating expenses
¥67.99M
2.52%
1.00×
Property and equipment
16.19%
Spread over hurdle
(3.96%)