60.90
Revenue¥M
75.24
80.31
86.95
90.68
97.14
104.6
111.4
121.0
131.7
137.5
65.10
7.19%
6.78%
59
4.39
Revenue growth%
19.94
20.66
22.64
25.00
25.82
23.64
24.20
26.87
25.56
23.93
7.61
24.20
24.07
59
21.32
Gross margin%
19.22
19.46
21.23
21.31
21.31
19.86
19.50
19.86
20.67
19.35
16.76
19.86
19.86
69
8.23
Operating margin%
7.51
8.12
8.90
8.55
6.27
7.78
8.91
6.69
8.22
8.69
17.83
8.22
8.17
8
4.59
Net margin%
1.53
3.50
5.46
6.25
9.15
11.87
13.06
13.32
14.58
16.82
19.14
13.32
10.51
5
34.23
P/E ratio (avg)x
32.09
33.95
37.31
40.11
43.16
43.70
43.80
47.93
52.18
48.17
18.34
47.93
43.43
13
12.17
EV/EBITx
14.42
13.88
14.22
14.70
13.26
13.95
13.40
13.67
13.82
14.27
12.43
13.82
13.91
11
7.53
FCF yield (avg)%
31.41
28.74
26.34
28.05
30.77
29.81
28.47
29.50
31.10
33.43
18.00
29.81
29.65
65
14.65
FCF margin%
27.68
30.27
29.07
30.00
30.42
28.49
26.85
24.81
21.96
24.84
25.91
24.84
28.09
24
0.310
FCF / Net incomex
2.378
2.208
2.558
2.609
2.577
2.682
2.723
2.671
3.064
3.135
0.857
2.723
2.640
29
17.84
ROIC%
17.52
18.17
15.26
12.65
13.35
15.62
15.64
13.82
11.65
13.41
22.82
13.82
14.54
35
13.32
Return on equity%
4.02
5.95
5.48
7.56
4.83
4.99
7.01
8.79
6.86
5.10
13.47
6.86
5.71
29
7.56
Return on assets%
28.96
31.70
33.38
33.62
32.99
34.13
36.87
35.72
37.38
37.09
10.84
36.87
33.88
8
0.51
EPS¥
0.47
0.43
0.45
0.47
0.43
0.46
0.45
0.46
0.42
0.41
0.54
(1.03%)
(0.56%)
—
14.47
EPS growth%
0.40
0.40
0.40
0.40
3.33
6.20
3.32
0.98
1.87
0.58
14.89
1.87
0.78
40
0.38
Bookvalue per sh¥
0.39
0.42
0.43
0.48
0.54
0.65
0.70
0.74
0.72
0.86
0.47
9.64%
8.22%
—
0.43
FCF per share¥
0.32
0.34
0.35
0.34
0.35
0.36
0.39
0.38
0.33
0.35
0.52
(0.03%)
1.36%
—
0.50
Dividend per sh¥
0.41
0.36
0.33
0.30
0.27
0.25
0.25
0.23
0.23
0.23
0.48
(3.82%)
(5.75%)
—
27.40
Div yield (avg)%
27.81
30.07
32.14
32.33
32.33
29.71
31.16
32.20
34.80
35.60
16.52
32.20
32.17
79
23.78
Payout ratio%
7.18
4.81
5.59
3.98
1.43
2.34
2.34
0.45
0.40
0.40
12.38
0.45
2.34
23
165.6
Shares (diluted)M
135.3
115.3
118.6
113.3
103.0
87.16
89.91
77.83
75.33
71.98
166.4
(6.91%)
(6.30%)
25
19.06
Buyback yield%
3.63
4.30
2.51
0.80
1.94
4.56
5.57
5.30
6.08
6.87
17.96
5.57
4.43
81
1.573
D/E ratiox
0.343
0.311
0.281
0.274
0.300
0.274
0.286
0.261
0.239
0.256
0.108
0.261
0.278
33
80.19
Enterprise value¥M
79.47
80.62
92.16
88.79
86.78
99.20
101.1
106.6
120.0
131.6
99.39
8.68%
6.36%
26
65.71
LT debt¥M
47.52
54.75
61.52
60.13
65.67
69.36
73.51
71.21
76.16
89.98
160.9
6.50%
6.53%
78
Revenue
¥137.5M
6.78%
1.00×
Cost of revenue
¥83.53M
6.97%
1.02×
Operating expenses
¥32.50M
6.58%
0.98×
Property and equipment
14.81%
Spread over hurdle
(3.35%)