295.1
Revenue¥M
271.6
290.6
306.0
317.9
334.5
356.6
384.9
403.4
428.1
452.2
307.3
6.21%
5.76%
62
13.67
Revenue growth%
10.95
11.84
14.78
17.42
17.82
18.83
16.77
14.02
16.46
19.20
16.04
16.77
16.61
79
8.56
Gross margin%
23.95
25.35
25.81
23.14
21.61
22.19
20.47
19.11
17.97
19.17
23.98
19.17
21.90
56
26.40
Operating margin%
17.26
18.71
19.79
22.04
23.94
25.97
24.51
23.64
22.75
23.41
12.61
23.64
23.08
89
17.08
Net margin%
32.55
32.36
29.43
32.03
32.82
34.39
31.90
32.95
30.56
32.67
12.85
32.67
32.46
8
21.04
P/E ratio (avg)x
18.66
19.39
20.10
20.05
21.41
21.59
19.62
18.68
19.67
18.39
6.105
19.62
19.64
39
17.63
EV/EBITx
18.10
16.64
17.59
16.89
17.32
16.06
16.66
16.15
15.68
15.15
8.132
16.06
16.65
42
5.43
FCF yield (avg)%
6.29
8.75
9.07
7.04
8.10
9.69
11.92
10.58
7.74
5.47
3.01
9.69
8.42
49
25.20
FCF margin%
19.91
19.00
20.28
17.90
20.78
19.28
18.67
17.33
18.10
16.95
25.40
18.10
18.84
75
1.640
FCF / Net incomex
0.935
0.970
0.883
0.786
0.716
0.713
0.667
0.622
0.599
0.650
0.945
0.650
0.714
70
8.43
ROIC%
6.97
7.35
5.79
4.10
2.53
2.02
0.49
0.93
3.91
6.14
18.36
2.02
4.01
31
20.96
Return on equity%
0.40
1.14
0.40
1.37
3.13
5.88
8.07
8.77
8.01
6.85
29.45
8.01
4.51
88
2.95
Return on assets%
11.91
12.67
15.02
15.06
17.99
16.16
17.86
18.66
20.51
20.85
14.98
18.66
17.01
26
0.15
EPS¥
0.36
0.36
0.33
0.31
0.29
0.31
0.34
0.35
0.37
0.42
0.17
7.45%
2.47%
—
19.47
EPS growth%
12.02
11.64
9.15
8.06
6.15
8.09
8.40
7.84
5.57
6.14
9.33
7.84
8.07
89
0.18
Bookvalue per sh¥
0.35
0.37
0.41
0.43
0.45
0.47
0.45
0.51
0.59
0.63
0.09
7.09%
7.80%
—
0.10
FCF per share¥
0.09
0.09
0.09
0.09
0.10
0.09
0.08
0.09
0.08
0.07
0.19
(6.60%)
(2.99%)
—
0.11
Dividend per sh¥
0.16
0.17
0.17
0.17
0.15
0.16
0.14
0.13
0.13
0.14
0.09
(1.32%)
(1.36%)
—
18.03
Div yield (avg)%
0.40
0.40
2.56
4.80
6.27
5.12
2.31
4.25
4.49
7.00
22.06
4.49
4.37
28
15.87
Payout ratio%
8.90
9.01
10.50
9.23
7.61
5.38
2.47
4.69
4.25
1.95
9.21
4.25
6.49
51
0.706
Shares (diluted)B
1.043
1.186
1.348
1.444
1.502
1.710
2.007
2.016
2.311
2.665
0.730
12.14%
9.90%
80
9.85
Buyback yield%
22.75
21.90
24.79
21.83
21.96
23.21
25.61
27.57
30.22
31.88
29.78
27.57
24.00
88
1.317
D/E ratiox
0.434
0.453
0.505
0.562
0.505
0.540
0.523
0.506
0.502
0.471
0.296
0.506
0.505
18
0.175
Enterprise value¥B
0.681
0.819
0.908
0.929
0.914
1.030
1.000
1.191
1.375
1.353
0.414
8.16%
7.47%
17
463.2
LT debt¥M
349.6
354.2
362.0
387.3
398.0
364.4
412.2
386.2
422.5
426.3
34.55
1.39%
3.16%
40
Revenue
¥452.2M
5.76%
1.00×
Cost of revenue
¥316.5M
5.89%
1.01×
Operating expenses
¥100.9M
6.17%
1.04×
Property and equipment
14.57%
Spread over hurdle
(3.96%)