296.4
Revenue¥M
259.9
285.1
304.5
325.8
346.2
376.5
408.1
440.9
467.8
501.9
326.9
7.71%
7.76%
91
12.31
Revenue growth%
18.95
21.37
20.32
17.69
18.05
15.30
13.55
11.84
12.47
11.63
9.05
12.47
16.49
26
21.80
Gross margin%
21.73
22.72
25.31
24.69
24.45
22.48
23.73
22.92
25.61
23.54
18.66
23.54
23.63
48
29.97
Operating margin%
9.93
7.27
8.45
8.49
7.53
9.26
10.92
8.98
9.51
11.67
16.77
9.51
9.12
37
3.44
Net margin%
31.02
29.20
27.23
24.74
24.39
22.72
23.67
25.88
24.07
22.40
17.70
23.67
24.56
87
27.92
P/E ratio (avg)x
54.89
61.78
73.62
81.43
88.45
93.17
93.90
100.6
106.3
121.2
37.56
100.6
90.81
45
24.67
EV/EBITx
33.38
32.41
34.34
37.43
42.18
40.10
45.90
45.57
51.37
52.72
17.28
45.90
41.14
36
7.83
FCF yield (avg)%
8.96
10.76
11.22
10.14
8.42
11.27
9.05
11.08
11.48
11.71
11.76
11.27
10.92
12
13.32
FCF margin%
19.86
22.09
22.09
24.11
21.23
22.89
21.42
21.22
18.28
21.12
28.39
21.22
21.33
50
1.562
FCF / Net incomex
1.656
1.753
1.962
2.302
2.524
3.034
2.998
3.432
3.632
3.806
0.598
3.432
2.761
23
24.70
ROIC%
12.68
13.17
16.01
15.04
13.37
10.76
11.21
13.39
12.35
13.99
19.87
12.35
13.27
93
24.36
Return on equity%
5.70
4.22
4.18
5.52
5.02
4.31
6.49
6.51
8.53
7.82
22.17
6.51
5.61
90
6.88
Return on assets%
23.05
20.68
23.38
24.08
25.25
22.83
20.79
22.40
20.78
21.85
21.61
21.85
22.62
88
0.10
EPS¥
0.23
0.24
0.28
0.29
0.32
0.32
0.33
0.35
0.39
0.38
0.11
3.03%
5.19%
—
14.05
EPS growth%
24.88
22.33
24.53
24.61
22.25
19.96
18.19
17.09
16.24
14.10
6.51
17.09
21.10
14
0.54
Bookvalue per sh¥
0.23
0.24
0.24
0.25
0.26
0.28
0.33
0.33
0.36
0.38
0.46
8.09%
6.46%
—
0.31
FCF per share¥
0.84
0.89
0.92
1.08
1.12
1.10
1.11
1.12
1.24
1.44
0.54
5.24%
7.25%
—
0.16
Dividend per sh¥
0.13
0.13
0.14
0.13
0.13
0.13
0.12
0.13
0.13
0.13
0.27
0.10%
0.33%
—
2.99
Div yield (avg)%
22.07
23.11
25.04
23.66
21.20
23.94
25.37
27.59
25.11
27.74
20.83
25.37
24.49
71
26.04
Payout ratio%
7.94
5.36
6.41
6.61
8.69
7.07
6.53
7.59
7.40
6.32
24.80
7.07
6.84
71
0.669
Shares (diluted)B
1.174
1.153
1.137
1.342
1.493
1.769
1.974
1.982
2.282
2.306
0.673
9.08%
8.61%
35
15.96
Buyback yield%
28.24
29.19
30.57
33.09
33.77
33.91
36.77
37.09
38.71
40.43
29.15
37.09
33.84
89
0.374
D/E ratiox
0.774
0.915
0.869
0.835
0.945
1.092
1.212
1.439
1.390
1.347
0.176
1.347
1.019
36
287.4
Enterprise value¥M
550.4
629.6
688.9
685.9
692.4
713.8
738.7
801.8
810.3
752.7
232.6
1.68%
4.52%
61
472.6
LT debt¥M
274.3
260.1
256.7
243.6
232.5
261.2
277.5
263.0
294.7
338.4
202.4
7.79%
1.61%
39
Revenue
¥501.9M
7.76%
1.00×
Cost of revenue
¥351.3M
7.76%
1.00×
Operating expenses
¥111.8M
8.13%
1.03×
Cash and investments
16.99%
Spread over hurdle
(2.86%)