385.2
Revenue¥M
152.1
168.6
184.6
202.3
215.9
235.6
259.1
283.9
314.2
345.0
398.2
9.83%
9.58%
56
4.45
Revenue growth%
10.91
10.46
10.46
8.60
10.73
8.13
5.82
8.29
8.75
10.53
6.83
8.29
9.61
84
8.83
Gross margin%
5.22
3.91
6.06
7.79
10.55
11.20
10.99
12.80
15.22
13.36
10.24
12.80
10.77
14
27.97
Operating margin%
4.65
4.25
6.05
4.22
1.92
4.27
2.40
2.67
5.32
6.77
23.84
4.27
4.26
70
9.48
Net margin%
21.37
21.92
21.39
21.63
18.93
16.36
17.69
18.51
21.26
23.10
15.05
18.51
21.32
35
10.29
P/E ratio (avg)x
28.90
28.70
29.77
33.78
34.02
34.84
41.14
40.77
44.38
48.20
17.30
41.14
34.43
22
33.57
EV/EBITx
41.89
43.01
41.49
44.56
43.87
41.66
43.95
49.86
55.81
60.02
14.63
49.86
43.91
42
18.45
FCF yield (avg)%
25.72
26.17
23.74
25.05
25.55
23.00
23.71
22.52
23.96
24.34
29.46
23.71
24.15
58
12.83
FCF margin%
11.96
13.15
11.22
14.20
14.52
14.22
15.73
13.26
15.69
15.35
13.25
15.35
14.21
60
0.560
FCF / Net incomex
2.549
2.732
2.623
2.863
3.176
3.520
4.105
4.788
4.689
5.238
0.192
4.689
3.348
74
16.24
ROIC%
8.58
6.56
6.21
6.01
5.14
2.71
4.77
6.37
3.59
5.46
24.69
4.77
5.73
7
18.75
Return on equity%
27.77
27.03
24.73
25.82
28.23
29.38
27.90
25.19
27.36
27.89
26.69
27.89
27.56
12
14.38
Return on assets%
16.67
19.48
16.90
16.47
19.25
18.87
20.54
18.77
17.39
15.04
6.30
18.77
18.08
66
0.65
EPS¥
0.78
0.87
0.87
0.85
0.92
0.94
0.92
0.92
0.88
0.99
0.71
1.44%
3.57%
—
24.62
EPS growth%
5.52
4.70
5.49
4.46
7.09
7.59
9.13
11.26
9.35
12.19
26.75
9.35
7.34
8
0.38
Bookvalue per sh¥
0.58
0.66
0.69
0.76
0.83
0.90
1.00
1.11
1.19
1.36
1.00
10.26%
9.29%
—
0.55
FCF per share¥
0.51
0.54
0.52
0.49
0.55
0.51
0.55
0.61
0.64
0.64
0.69
2.85%
2.51%
—
0.68
Dividend per sh¥
1.07
1.03
0.95
0.97
1.08
1.07
0.98
1.07
1.01
1.06
0.94
(0.41%)
(0.93%)
—
4.13
Div yield (avg)%
19.35
17.70
19.42
19.47
22.22
20.39
19.02
20.58
17.69
20.07
16.46
20.07
19.45
38
19.31
Payout ratio%
29.69
29.53
30.65
27.99
25.35
24.02
25.95
28.09
30.50
29.90
21.63
28.09
28.81
94
517.7
Shares (diluted)M
608.7
640.0
574.4
528.8
593.8
540.1
593.3
591.9
546.7
584.9
515.1
(0.30%)
0.22%
66
19.52
Buyback yield%
2.96
3.56
5.79
8.37
5.75
4.76
4.66
2.85
0.46
0.40
14.45
2.85
4.11
42
0.721
D/E ratiox
0.293
0.291
0.298
0.308
0.312
0.285
0.309
0.308
0.340
0.305
0.763
0.308
0.306
89
219.9
Enterprise value¥M
328.0
370.3
355.7
415.2
428.2
421.6
430.9
511.5
563.6
566.7
94.16
5.76%
6.25%
63
44.83
LT debt¥M
134.8
149.4
158.4
152.6
142.9
146.5
153.5
176.5
173.6
186.6
294.1
5.48%
3.46%
55
Revenue
¥345.0M
9.58%
1.00×
Cost of revenue
¥241.5M
9.58%
1.00×
Operating expenses
¥67.82M
8.85%
0.93×
Cash and investments
17.49%
Goodwill & intangibles
17.14%
Spread over hurdle
(6.13%)