96.70
Revenue¥M
222.4
237.4
256.7
274.0
291.1
319.8
337.0
357.7
378.9
407.4
99.67
6.96%
7.21%
81
6.62
Revenue growth%
9.52
10.33
12.23
9.76
10.20
7.43
9.81
11.80
13.21
13.24
15.44
11.80
10.26
93
16.17
Gross margin%
24.66
23.44
23.61
24.38
26.46
24.02
25.63
24.70
26.41
28.78
11.66
25.63
24.68
93
22.15
Operating margin%
5.49
2.69
0.77
1.32
0.40
1.50
0.40
2.29
2.57
0.53
6.92
1.50
1.41
75
29.06
Net margin%
14.36
11.93
10.55
8.97
7.94
9.53
7.84
8.25
5.52
4.63
16.34
7.84
8.61
57
13.88
P/E ratio (avg)x
26.52
23.03
21.09
21.18
18.46
16.25
15.20
16.53
16.08
17.00
32.88
16.25
17.73
61
9.144
EV/EBITx
9.683
10.79
10.89
10.67
11.41
13.24
14.14
14.51
14.26
15.63
20.81
14.26
12.33
6
16.84
FCF yield (avg)%
20.74
19.09
20.99
19.75
20.87
22.88
22.01
22.34
20.34
21.07
7.34
22.01
20.93
52
5.47
FCF margin%
20.79
21.38
23.74
24.13
21.67
22.30
23.39
24.15
22.06
19.92
7.41
22.30
22.18
73
1.674
FCF / Net incomex
2.351
2.376
2.780
2.887
3.068
3.596
3.914
4.584
4.377
4.581
0.850
4.377
3.332
55
18.49
ROIC%
21.51
19.03
21.21
20.88
21.86
22.62
24.74
21.86
23.94
25.29
9.94
23.94
21.86
72
23.98
Return on equity%
22.81
22.96
24.69
23.18
23.92
21.49
21.32
24.20
21.54
24.46
11.45
21.54
23.07
62
2.35
Return on assets%
14.88
15.65
17.06
17.73
14.85
12.12
14.38
12.00
14.79
15.72
3.16
14.38
14.87
85
1.57
EPS¥
0.93
0.90
0.82
0.76
0.71
0.74
0.80
0.79
0.84
0.95
1.67
5.96%
0.75%
—
6.57
EPS growth%
29.20
30.69
31.26
34.22
33.89
34.48
35.84
37.60
37.02
36.00
11.01
36.00
34.35
5
1.41
Bookvalue per sh¥
1.71
1.87
1.99
1.92
2.02
2.16
2.27
2.52
2.29
2.05
1.69
0.33%
2.91%
—
0.95
FCF per share¥
1.42
1.47
1.42
1.42
1.41
1.50
1.49
1.59
1.78
1.76
1.02
4.63%
1.05%
—
0.53
Dividend per sh¥
1.61
1.77
1.61
1.48
1.50
1.44
1.60
1.67
1.73
1.78
0.84
3.54%
0.29%
—
12.44
Div yield (avg)%
21.23
18.32
16.53
16.39
16.93
18.06
18.52
17.90
16.63
16.08
10.00
17.90
17.42
28
5.18
Payout ratio%
22.64
24.92
24.42
22.69
23.92
23.38
22.07
21.13
19.43
20.24
21.48
21.13
22.67
93
119.0
Shares (diluted)M
141.2
157.8
160.6
180.6
177.6
206.6
192.4
204.0
226.2
247.1
119.6
6.83%
5.73%
29
7.04
Buyback yield%
30.55
32.99
34.55
32.02
29.23
31.80
33.98
31.58
34.29
34.46
25.46
33.98
32.50
10
0.789
D/E ratiox
0.572
0.652
0.638
0.710
0.760
0.849
0.964
1.069
1.071
1.193
1.444
1.069
0.804
60
258.0
Enterprise value¥M
583.3
559.8
628.3
688.2
640.2
627.3
676.0
735.8
827.4
939.7
431.3
7.98%
5.26%
80
0.025
LT debt¥B
0.534
0.564
0.634
0.734
0.743
0.786
0.825
0.978
1.148
1.121
0.213
8.57%
8.00%
8
Revenue
¥407.4M
7.21%
1.00×
Cost of revenue
¥215.6M
7.12%
0.99×
Operating expenses
¥95.31M
7.10%
0.99×
Cash and investments
17.36%
Property and equipment
16.61%
Spread over hurdle
87.15%