136.0
Revenue¥M
355.6
380.2
408.3
446.3
479.8
513.3
551.1
596.3
648.2
708.7
148.0
8.11%
8.25%
57
8.66
Revenue growth%
17.13
18.04
18.58
20.10
20.08
19.69
20.57
22.93
19.95
21.05
26.49
20.57
20.02
63
10.56
Gross margin%
19.53
21.23
19.15
17.68
20.11
18.36
17.01
14.35
17.31
19.19
14.24
17.31
18.75
65
5.83
Operating margin%
25.01
27.46
29.45
29.07
28.58
25.58
25.50
26.76
28.53
31.14
6.36
26.76
28.00
25
22.52
Net margin%
22.83
22.79
21.84
23.29
25.71
25.22
24.68
24.60
25.81
24.01
12.48
24.68
24.31
10
22.20
P/E ratio (avg)x
41.50
42.88
40.04
35.52
37.81
34.84
32.09
30.52
26.75
29.09
8.631
30.52
35.18
44
10.36
EV/EBITx
53.74
62.76
70.75
77.75
89.49
84.04
85.63
85.31
92.30
88.81
32.43
85.63
84.67
47
21.53
FCF yield (avg)%
14.89
12.66
11.34
9.01
8.01
10.19
7.95
7.38
8.20
5.90
22.02
7.95
8.61
32
21.07
FCF margin%
21.09
18.35
19.99
22.23
24.11
26.97
29.50
31.39
33.42
30.88
26.51
30.88
25.54
62
1.395
FCF / Net incomex
0.157
0.169
0.170
0.183
0.178
0.175
0.190
0.169
0.152
0.168
0.180
0.169
0.170
16
17.56
ROIC%
17.84
20.51
18.39
20.54
22.83
24.91
23.39
21.11
18.44
20.90
13.06
21.11
20.72
64
7.10
Return on equity%
23.06
22.97
21.07
19.95
22.93
20.45
20.12
21.43
22.45
22.44
3.16
21.43
21.93
18
7.91
Return on assets%
7.65
9.11
6.64
8.36
10.91
9.99
11.62
10.97
9.38
8.71
13.92
9.99
9.24
69
0.85
EPS¥
1.20
1.33
1.56
1.67
1.99
2.26
2.26
2.67
2.90
2.87
0.92
7.59%
9.28%
—
17.28
EPS growth%
13.85
16.50
19.43
18.92
16.35
17.15
19.42
19.65
20.54
23.52
17.49
19.65
19.17
16
0.30
Bookvalue per sh¥
0.20
0.20
0.20
0.21
0.20
0.17
0.18
0.16
0.14
0.14
0.84
(6.93%)
(3.00%)
—
0.61
FCF per share¥
0.79
0.89
1.01
1.11
1.30
1.31
1.53
1.71
1.87
1.87
0.93
7.59%
9.45%
—
0.61
Dividend per sh¥
0.55
0.58
0.64
0.62
0.61
0.68
0.78
0.84
0.89
0.87
0.84
7.27%
4.71%
—
9.31
Div yield (avg)%
5.67
7.00
9.33
8.59
7.93
5.81
3.44
6.36
3.63
6.01
25.02
5.81
6.18
18
28.01
Payout ratio%
20.76
21.44
20.18
23.14
23.09
23.84
26.75
29.02
30.68
31.60
5.85
29.02
23.49
72
0.936
Shares (diluted)B
1.447
1.431
1.470
1.680
1.726
1.695
1.706
1.639
1.577
1.576
0.914
(1.80%)
0.45%
74
3.36
Buyback yield%
6.62
8.30
10.14
12.03
14.77
17.08
17.90
14.95
16.49
17.33
11.23
17.08
14.86
68
0.697
D/E ratiox
2.204
2.543
2.853
3.039
3.128
3.626
4.149
4.843
5.494
6.267
0.934
4.843
3.377
45
593.1
Enterprise value¥M
71.61
77.21
86.73
96.51
97.32
92.53
93.98
103.5
115.2
121.9
726.2
4.61%
5.56%
26
0.661
LT debt¥B
1.271
1.459
1.724
1.788
1.808
1.931
2.262
2.496
2.705
2.773
0.196
8.93%
8.86%
12
Revenue
¥708.7M
8.25%
1.00×
Cost of revenue
¥454.2M
8.04%
0.98×
Operating expenses
¥178.1M
8.79%
1.05×
Goodwill & intangibles
22.64%
Cash and investments
17.70%
Property and equipment
15.57%
Spread over hurdle
(4.65%)