94.02
Revenue¥M
512.3
547.6
564.8
597.5
613.6
649.0
666.1
699.1
737.4
783.4
100.1
5.01%
4.91%
7
25.51
Revenue growth%
12.15
10.56
11.54
9.25
12.21
9.99
10.11
12.81
12.42
14.58
7.18
12.42
11.84
38
27.17
Gross margin%
29.15
27.58
28.90
30.61
28.29
30.83
28.89
28.75
27.64
26.72
27.12
28.75
28.82
13
2.62
Operating margin%
29.96
28.06
30.16
29.10
28.42
26.47
28.60
27.08
24.81
23.51
13.48
26.47
28.24
50
21.88
Net margin%
14.45
12.62
12.75
11.77
13.53
12.69
13.06
15.69
14.17
11.79
3.22
13.06
12.90
5
28.23
P/E ratio (avg)x
20.01
19.45
20.65
19.83
21.15
22.44
21.23
19.63
18.55
17.19
21.35
19.63
19.92
49
25.57
EV/EBITx
52.16
56.59
65.31
75.44
79.92
78.68
79.79
95.65
109.8
129.2
32.12
95.65
79.23
9
3.75
FCF yield (avg)%
9.64
7.59
7.60
6.47
6.75
6.08
6.82
9.43
10.66
11.73
27.41
9.43
7.59
39
7.48
FCF margin%
2.86
4.82
2.20
3.98
5.92
2.95
3.20
3.41
3.37
0.77
27.03
3.20
3.29
55
1.773
FCF / Net incomex
1.875
2.203
2.573
2.564
2.733
3.253
3.900
4.053
3.942
4.104
1.797
3.942
2.993
82
7.98
ROIC%
21.64
18.70
19.61
20.32
17.73
16.05
18.95
15.98
14.61
16.33
12.22
16.05
18.22
70
13.12
Return on equity%
14.50
13.65
14.45
13.41
15.57
17.85
19.95
19.94
21.30
21.35
15.47
19.95
16.71
9
25.29
Return on assets%
28.17
29.73
28.83
29.63
27.73
25.25
23.84
25.11
27.36
24.86
11.32
25.11
27.55
20
0.57
EPS¥
0.33
0.30
0.28
0.28
0.25
0.26
0.24
0.24
0.23
0.22
0.60
(2.93%)
(4.99%)
—
9.71
EPS growth%
4.37
3.65
2.93
5.23
3.22
1.15
0.74
0.40
0.40
0.93
24.32
0.74
2.04
73
0.58
Bookvalue per sh¥
0.29
0.32
0.35
0.33
0.35
0.34
0.33
0.37
0.35
0.35
0.83
0.12%
1.75%
—
0.50
FCF per share¥
0.26
0.25
0.28
0.27
0.27
0.25
0.28
0.32
0.37
0.36
0.98
6.25%
4.60%
—
0.67
Dividend per sh¥
1.17
1.30
1.33
1.44
1.43
1.43
1.57
1.54
1.63
1.60
1.00
2.27%
3.02%
—
12.01
Div yield (avg)%
9.83
11.20
12.59
14.14
16.71
14.50
13.42
15.18
16.38
15.91
26.55
15.18
14.32
20
23.13
Payout ratio%
5.53
5.02
5.43
7.77
9.01
10.60
13.54
14.97
16.66
16.79
21.72
14.97
9.80
35
673.3
Shares (diluted)M
589.7
569.3
620.1
567.4
498.6
424.7
398.5
339.4
304.3
262.4
680.7
(12.05%)
(7.90%)
5
17.19
Buyback yield%
13.59
11.36
11.51
10.70
8.82
10.90
11.69
10.16
10.04
11.17
23.88
10.90
11.04
67
0.838
D/E ratiox
3.374
3.420
3.309
3.466
3.986
4.458
4.753
5.207
6.002
6.063
0.930
5.207
4.222
34
690.7
Enterprise value¥M
596.4
523.8
517.2
477.8
454.0
473.2
443.9
453.5
429.1
430.7
865.4
(1.05%)
(3.83%)
26
0.176
LT debt¥B
1.510
1.540
1.661
1.942
2.052
2.236
2.625
2.854
3.200
3.453
0.710
10.97%
9.68%
57
Revenue
¥783.4M
4.91%
1.00×
Cost of revenue
¥548.4M
4.91%
1.00×
Operating expenses
¥166.6M
5.17%
1.03×
Cash and investments
16.70%
Spread over hurdle
(4.44%)