417.1
Revenue¥M
408.8
428.2
451.8
473.5
481.8
509.4
536.4
557.0
566.6
599.2
457.9
4.46%
4.22%
46
12.14
Revenue growth%
22.89
25.14
27.33
25.11
27.20
26.06
26.39
25.54
28.03
27.35
6.61
26.39
26.23
10
8.32
Gross margin%
21.36
24.31
26.89
25.47
22.99
22.05
21.42
21.24
21.97
24.40
14.01
21.97
22.52
71
24.38
Operating margin%
28.19
27.07
28.55
28.04
27.92
25.27
25.88
23.57
21.00
18.00
17.15
23.57
26.48
45
29.83
Net margin%
7.05
6.70
6.52
6.29
8.71
10.54
10.02
9.49
10.41
12.58
16.64
10.41
9.10
32
23.42
P/E ratio (avg)x
17.52
15.70
16.72
17.96
17.68
19.34
19.67
17.29
18.41
18.83
22.30
18.83
17.82
58
35.40
EV/EBITx
8.552
8.208
9.133
10.09
10.06
11.55
11.15
10.28
10.96
12.65
22.17
11.15
10.19
46
20.67
FCF yield (avg)%
17.75
19.98
21.02
22.34
20.06
19.64
21.22
20.64
23.13
22.65
6.85
21.22
20.83
68
16.52
FCF margin%
30.04
28.34
25.94
28.48
29.72
30.56
30.79
28.67
30.51
30.23
18.89
30.51
29.88
62
1.229
FCF / Net incomex
0.740
0.683
0.748
0.805
0.730
0.669
0.748
0.669
0.697
0.733
0.950
0.697
0.731
85
20.11
ROIC%
3.08
0.40
0.40
1.44
0.40
1.61
1.24
1.40
3.35
5.15
9.10
1.61
1.42
6
5.93
Return on equity%
20.91
20.35
21.49
20.31
19.97
22.43
21.23
22.25
20.08
20.45
25.27
21.23
20.68
7
13.94
Return on assets%
20.78
19.30
18.40
18.55
15.78
14.34
12.77
11.50
10.94
13.61
24.45
12.77
15.06
36
0.28
EPS¥
0.94
0.93
1.01
1.15
1.20
1.30
1.30
1.27
1.17
1.06
0.31
(2.47%)
2.10%
—
27.40
EPS growth%
19.70
17.12
15.27
13.98
11.38
11.28
9.17
11.57
13.89
15.56
16.21
11.57
13.93
29
1.82
Bookvalue per sh¥
1.50
1.60
1.65
1.61
1.53
1.51
1.66
1.59
1.76
1.90
1.31
4.35%
2.32%
—
1.56
FCF per share¥
1.78
1.64
1.58
1.44
1.48
1.51
1.60
1.51
1.36
1.25
0.51
(3.32%)
(2.90%)
—
1.22
Dividend per sh¥
1.07
1.23
1.38
1.61
1.57
1.76
1.73
1.87
1.89
2.11
1.52
6.00%
7.31%
—
24.93
Div yield (avg)%
4.92
5.64
4.41
6.54
4.06
6.83
4.81
2.64
4.59
5.76
7.74
4.81
4.86
19
17.46
Payout ratio%
28.19
28.80
30.46
30.06
32.78
31.62
32.53
34.76
33.67
31.13
8.88
32.53
31.37
78
203.9
Shares (diluted)M
252.9
262.8
268.6
257.3
270.6
271.2
241.5
264.1
279.0
247.5
207.0
(1.77%)
0.60%
17
12.78
Buyback yield%
21.14
24.12
22.30
21.10
20.43
20.66
18.03
17.11
15.00
12.23
20.80
17.11
20.54
74
0.911
D/E ratiox
0.643
0.655
0.679
0.643
0.616
0.700
0.807
0.836
0.891
0.843
1.209
0.836
0.689
16
195.5
Enterprise value¥M
220.2
247.5
273.4
284.4
338.5
345.6
409.8
427.6
503.9
585.5
267.8
11.58%
11.43%
5
369.3
LT debt¥M
305.6
285.8
332.2
333.2
353.7
364.4
389.9
398.1
373.7
356.9
300.6
0.18%
1.83%
30
Revenue
¥599.2M
4.22%
1.00×
Cost of revenue
¥327.6M
4.34%
1.01×
Operating expenses
¥140.3M
4.14%
0.99×
Cash and investments
19.85%
Spread over hurdle
15.95%