461.2
Revenue¥M
210.5
226.1
240.6
255.6
278.6
307.2
336.3
371.5
411.4
439.0
478.3
9.52%
8.76%
14
7.10
Revenue growth%
1.00
0.40
2.63
0.42
0.40
0.40
2.67
2.68
5.45
2.68
22.35
2.68
1.82
93
3.70
Gross margin%
20.26
17.73
16.03
18.65
20.59
21.23
21.45
19.56
20.95
23.81
23.69
21.23
20.43
15
26.08
Operating margin%
11.57
8.85
9.20
7.95
6.37
6.87
8.40
7.95
7.31
9.96
2.71
7.95
8.18
36
29.48
Net margin%
24.83
25.21
23.74
21.87
20.04
21.29
20.58
19.80
22.47
21.74
13.10
21.29
21.80
42
30.73
P/E ratio (avg)x
14.53
15.69
17.00
17.20
15.67
14.00
13.57
14.80
14.60
15.57
32.44
14.60
15.18
27
28.53
EV/EBITx
12.38
13.68
14.38
13.25
12.30
12.38
13.45
13.19
14.36
13.28
19.36
13.28
13.26
52
11.05
FCF yield (avg)%
7.09
8.73
7.66
7.13
5.05
6.92
5.64
6.06
4.63
5.78
23.95
5.78
6.49
49
28.94
FCF margin%
8.73
11.58
11.08
11.34
13.06
10.17
9.50
6.68
9.04
9.07
13.03
9.07
9.83
68
1.426
FCF / Net incomex
0.710
0.672
0.657
0.693
0.713
0.703
0.657
0.738
0.688
0.774
0.690
0.703
0.698
5
27.77
ROIC%
16.15
14.31
16.86
15.81
12.87
10.45
11.61
9.31
10.20
10.24
13.52
10.24
12.24
41
18.61
Return on equity%
17.43
20.38
21.43
21.54
22.03
22.40
24.23
21.31
23.46
23.56
29.93
23.46
21.78
85
5.54
Return on assets%
18.24
19.89
17.13
14.98
12.77
13.04
11.22
9.34
11.10
9.23
19.07
11.10
12.90
65
1.18
EPS¥
0.37
0.39
0.41
0.46
0.45
0.46
0.50
0.49
0.55
0.59
1.27
5.58%
5.54%
—
3.06
EPS growth%
25.23
22.81
22.24
24.75
21.98
20.51
18.31
16.34
13.72
15.26
12.00
16.34
21.24
29
0.74
Bookvalue per sh¥
1.20
1.08
1.18
1.14
1.28
1.25
1.19
1.30
1.36
1.27
0.52
(0.08%)
1.16%
—
1.12
FCF per share¥
0.54
0.57
0.57
0.56
0.53
0.54
0.50
0.51
0.54
0.50
0.75
(1.39%)
(0.09%)
—
0.78
Dividend per sh¥
0.82
0.78
0.90
0.91
0.88
0.91
0.92
0.91
0.99
1.10
0.64
4.59%
2.24%
—
16.22
Div yield (avg)%
14.40
12.07
10.65
9.57
12.45
13.19
12.32
12.45
13.35
14.37
15.05
13.19
12.45
82
27.49
Payout ratio%
34.68
34.32
31.98
32.46
34.51
34.51
36.59
36.82
37.89
38.12
17.56
36.82
34.59
33
267.1
Shares (diluted)M
212.3
202.6
218.8
189.7
190.5
175.4
155.3
158.2
162.6
152.2
264.1
(4.39%)
(4.46%)
76
24.71
Buyback yield%
6.32
5.71
3.46
4.55
4.47
3.84
5.73
3.28
0.59
0.68
19.17
3.28
4.16
29
0.970
D/E ratiox
0.532
0.545
0.605
0.667
0.768
0.899
0.898
0.907
1.001
0.975
0.819
0.907
0.833
43
66.71
Enterprise value¥M
236.4
210.5
194.5
187.6
191.8
187.2
194.9
184.1
178.7
182.6
66.15
(0.98%)
(2.11%)
89
323.8
LT debt¥M
86.11
83.34
79.01
91.43
89.33
102.5
108.4
123.8
141.4
152.7
138.7
11.32%
6.13%
48
Revenue
¥439.0M
8.76%
1.00×
Cost of revenue
¥249.9M
8.71%
1.00×
Operating expenses
¥67.84M
8.17%
0.95×
Property and equipment
20.91%
Spread over hurdle
(0.85%)