2.457
Revenue¥B
1.186
1.278
1.365
1.469
1.565
1.719
1.903
2.056
2.269
2.474
2.670
9.59%
8.48%
64
6.66
Revenue growth%
6.09
4.58
7.42
9.16
12.07
10.15
8.46
9.50
8.80
7.79
13.06
8.80
8.63
20
22.48
Gross margin%
14.28
14.27
13.50
13.62
12.17
13.33
14.14
15.12
12.89
13.83
18.94
13.83
13.72
7
26.28
Operating margin%
15.67
16.77
19.04
20.58
18.21
19.45
21.39
18.59
15.75
15.97
25.54
18.59
18.40
93
3.90
Net margin%
2.17
0.54
0.40
0.40
0.40
1.38
3.47
5.16
7.06
9.84
22.77
5.16
1.77
79
11.41
P/E ratio (avg)x
51.61
57.35
64.23
74.38
77.09
89.33
99.51
94.09
101.6
107.4
27.92
99.51
83.21
37
9.499
EV/EBITx
12.89
13.22
12.19
11.33
12.45
11.46
12.73
12.46
12.79
14.32
27.36
12.73
12.60
7
11.33
FCF yield (avg)%
6.09
4.88
2.39
2.40
2.29
2.49
0.40
1.54
3.70
6.70
9.07
2.49
2.44
43
7.02
FCF margin%
9.39
9.42
6.44
3.82
5.23
5.52
7.67
10.45
13.36
14.16
3.75
10.45
8.53
15
1.789
FCF / Net incomex
1.096
1.189
1.286
1.314
1.413
1.654
1.568
1.842
1.998
2.081
0.266
1.842
1.490
49
8.83
ROIC%
9.60
8.01
8.33
5.91
7.38
4.83
2.26
1.70
2.27
2.29
14.92
2.27
5.37
45
23.14
Return on equity%
7.33
5.63
7.16
7.48
7.53
7.10
9.99
10.82
10.60
11.96
27.04
10.60
7.50
33
27.53
Return on assets%
10.04
12.63
13.88
11.19
13.94
15.69
16.26
17.88
15.36
18.18
22.46
16.26
14.65
37
0.26
EPS¥
0.55
0.62
0.60
0.58
0.66
0.71
0.75
0.80
0.75
0.73
0.27
2.14%
4.41%
—
25.08
EPS growth%
23.93
24.71
23.77
21.93
22.07
22.68
19.90
19.34
16.77
16.68
25.34
19.34
22.00
49
1.13
Bookvalue per sh¥
0.70
0.73
0.81
0.82
0.94
1.09
1.23
1.32
1.52
1.66
0.89
11.89%
10.05%
—
1.07
FCF per share¥
0.73
0.79
0.92
0.90
1.00
0.97
1.11
1.29
1.46
1.43
1.00
7.57%
6.52%
—
0.54
Dividend per sh¥
0.39
0.41
0.43
0.40
0.36
0.38
0.40
0.42
0.43
0.46
0.46
4.95%
1.10%
—
26.89
Div yield (avg)%
6.49
6.73
7.03
5.16
6.07
3.22
2.28
0.40
0.48
1.68
3.23
1.68
4.19
27
24.06
Payout ratio%
21.44
20.17
21.50
21.15
22.01
22.88
23.32
22.38
20.17
22.24
21.01
22.38
21.76
12
675.5
Shares (diluted)M
563.7
516.5
493.0
435.4
456.9
470.0
455.7
489.7
519.0
537.6
652.2
3.31%
(0.73%)
69
23.16
Buyback yield%
5.68
8.30
10.11
7.70
7.09
4.91
3.03
1.17
3.09
2.75
3.24
3.03
5.30
75
1.312
D/E ratiox
0.602
0.703
0.677
0.700
0.714
0.803
0.947
0.932
1.019
1.106
0.476
0.947
0.759
58
0.399
Enterprise value¥B
1.533
1.500
1.370
1.355
1.206
1.186
1.083
0.984
0.945
0.972
0.965
(4.23%)
(4.60%)
48
2.058
LT debt¥B
0.500
0.593
0.688
0.755
0.786
0.924
0.932
0.990
1.110
1.184
2.394
8.54%
9.27%
65
Revenue
¥2.474B
8.48%
1.00×
Cost of revenue
¥1.732B
8.48%
1.00×
Operating expenses
¥329.0M
8.39%
0.99×
Cash and investments
15.94%
Goodwill & intangibles
14.85%
Spread over hurdle
(1.12%)