90.70
Revenue¥M
129.8
137.7
146.2
151.4
158.6
167.2
176.1
187.4
196.5
200.5
99.60
4.80%
5.02%
18
27.61
Revenue growth%
11.29
13.75
12.60
15.33
17.50
17.38
19.01
20.17
21.24
19.08
2.94
19.08
17.44
92
22.57
Gross margin%
4.47
2.11
4.58
5.01
7.00
9.88
7.56
5.76
6.91
8.27
22.97
7.56
6.34
28
4.25
Operating margin%
15.58
13.85
15.96
15.61
14.63
17.05
19.09
19.57
20.79
21.79
14.51
19.57
16.50
44
24.32
Net margin%
30.85
27.89
28.81
28.87
30.24
27.40
26.99
29.20
28.63
27.96
4.75
27.96
28.72
39
19.95
P/E ratio (avg)x
11.48
10.15
10.48
10.89
10.77
11.48
11.10
11.06
9.780
8.914
27.47
11.06
10.83
31
33.26
EV/EBITx
10.37
10.10
10.34
11.15
11.14
11.28
11.90
12.64
12.01
11.34
25.46
11.90
11.21
92
25.81
FCF yield (avg)%
6.45
5.37
4.39
5.11
7.53
5.33
7.07
9.94
9.82
9.60
15.38
9.60
6.76
63
19.70
FCF margin%
26.40
26.78
29.49
31.29
32.62
34.08
35.37
34.39
34.33
32.61
12.61
34.33
32.61
18
1.619
FCF / Net incomex
0.974
1.046
0.942
0.923
0.865
0.795
0.811
0.728
0.681
0.618
0.771
0.728
0.838
35
26.81
ROIC%
21.48
19.77
17.94
19.08
17.97
20.73
20.19
23.14
20.88
18.27
18.68
20.73
19.98
7
29.09
Return on equity%
17.00
18.77
17.02
17.12
19.59
17.41
17.00
17.49
15.79
16.03
25.67
17.00
17.07
69
28.53
Return on assets%
16.03
17.91
17.62
18.64
18.51
15.54
14.31
15.16
16.74
16.04
18.79
15.54
16.39
36
1.23
EPS¥
2.57
3.00
3.06
2.98
3.05
3.58
3.42
3.62
3.99
4.46
1.25
7.89%
7.23%
—
6.69
EPS growth%
8.02
9.23
6.61
4.20
2.46
2.74
4.21
1.55
0.40
2.01
25.53
2.01
3.47
67
0.67
Bookvalue per sh¥
1.27
1.26
1.12
1.09
0.97
1.09
1.20
1.17
1.04
1.00
0.35
0.59%
(1.57%)
—
1.45
FCF per share¥
1.72
1.89
2.10
2.32
2.34
2.35
2.15
2.20
2.34
2.17
0.49
(1.54%)
2.75%
—
0.34
Dividend per sh¥
1.31
1.20
1.28
1.40
1.33
1.30
1.40
1.52
1.36
1.21
0.22
(1.79%)
(0.54%)
—
26.69
Div yield (avg)%
25.44
26.87
24.42
27.23
28.07
25.31
23.12
23.61
25.40
26.79
9.20
25.31
25.42
23
11.63
Payout ratio%
5.27
4.07
6.78
4.84
4.80
2.50
0.59
2.38
3.39
6.02
28.08
2.50
4.44
90
138.9
Shares (diluted)M
193.1
180.0
179.9
182.3
164.4
179.6
170.9
190.2
187.5
201.1
142.0
4.11%
1.19%
6
18.51
Buyback yield%
5.06
3.59
4.04
5.28
5.56
8.16
10.11
7.17
4.67
6.68
4.41
7.17
5.42
81
0.385
D/E ratiox
1.707
1.895
1.834
2.094
2.362
2.418
2.490
2.606
2.659
3.178
0.428
2.606
2.390
35
185.3
Enterprise value¥M
126.8
109.4
108.8
101.5
92.95
85.71
74.27
78.60
66.79
69.88
257.5
(5.55%)
(6.11%)
16
13.62
LT debt¥M
192.5
181.1
195.3
189.0
203.8
223.9
216.0
238.8
221.9
227.1
211.9
2.19%
3.11%
24
Revenue
¥200.5M
5.02%
1.00×
Cost of revenue
¥117.9M
5.21%
1.02×
Operating expenses
¥24.81M
4.29%
0.93×
Property and equipment
17.18%
Spread over hurdle
(0.72%)