783.1
Revenue¥M
426.3
463.9
515.2
560.0
621.6
678.2
724.7
786.2
870.4
952.2
838.0
8.90%
9.30%
66
29.75
Revenue growth%
10.99
12.38
9.68
10.56
8.78
6.30
6.71
4.15
2.65
3.84
7.56
4.15
7.75
59
5.41
Gross margin%
5.03
4.02
5.87
7.41
7.49
7.11
4.39
4.65
4.62
2.32
25.02
4.62
4.84
88
17.18
Operating margin%
31.54
32.17
32.56
33.27
36.00
38.67
37.30
35.74
34.67
34.05
7.44
35.74
34.36
83
20.61
Net margin%
26.28
28.64
25.77
23.96
24.78
24.57
27.26
27.25
25.93
27.99
18.17
27.25
26.10
21
34.35
P/E ratio (avg)x
4.722
4.163
3.993
3.713
3.231
2.923
3.002
3.086
3.266
2.932
17.29
3.002
3.248
14
15.42
EV/EBITx
10.96
12.84
12.39
12.13
11.91
13.97
16.37
18.53
18.27
18.88
13.39
18.27
13.40
85
29.37
FCF yield (avg)%
21.10
21.88
22.49
19.53
22.35
23.66
21.45
23.48
23.52
21.41
21.01
23.48
22.11
62
25.44
FCF margin%
24.90
23.98
24.37
25.01
24.42
27.15
24.74
26.99
25.08
27.52
4.68
26.99
24.95
77
1.669
FCF / Net incomex
0.325
0.364
0.331
0.315
0.331
0.375
0.382
0.379
0.405
0.437
0.583
0.382
0.370
78
27.62
ROIC%
11.63
13.31
14.04
14.50
16.90
17.36
15.38
16.73
16.86
18.39
25.56
16.86
16.05
65
14.43
Return on equity%
19.51
22.21
22.57
20.42
18.05
20.59
21.56
22.73
24.96
26.94
2.67
22.73
21.88
13
2.43
Return on assets%
14.38
11.70
13.58
11.24
9.14
11.89
9.62
6.67
5.26
5.60
23.18
6.67
10.43
6
2.89
EPS¥
1.37
1.39
1.34
1.54
1.79
1.99
1.96
2.29
2.21
2.62
2.95
7.87%
6.68%
—
27.56
EPS growth%
12.00
9.16
11.71
13.97
12.47
11.17
9.45
9.24
8.24
9.06
15.36
9.24
10.31
19
1.55
Bookvalue per sh¥
4.46
5.22
5.06
5.51
6.14
6.30
6.17
6.87
7.72
8.19
0.79
5.93%
7.37%
—
0.84
FCF per share¥
3.41
3.56
3.86
3.64
3.46
3.28
3.15
3.10
3.46
3.71
1.18
1.40%
2.28%
—
0.59
Dividend per sh¥
3.86
4.02
4.74
4.94
4.82
4.95
5.24
5.05
4.94
5.11
1.87
1.17%
3.85%
—
10.33
Div yield (avg)%
7.99
7.79
8.62
10.97
8.70
7.54
9.17
9.22
7.96
8.16
8.29
8.16
8.39
13
9.61
Payout ratio%
17.11
19.84
19.97
18.25
21.02
22.48
23.77
24.68
26.68
27.72
10.11
24.68
21.75
22
284.0
Shares (diluted)M
324.9
304.1
346.1
382.0
403.5
437.9
481.8
523.4
536.9
585.0
294.9
7.71%
6.45%
73
25.57
Buyback yield%
2.64
0.40
3.24
5.49
4.22
5.49
8.10
9.30
11.92
14.10
26.73
9.30
5.49
84
1.239
D/E ratiox
0.862
0.854
0.756
0.669
0.659
0.639
0.654
0.589
0.548
0.542
1.220
0.589
0.657
95
345.0
Enterprise value¥M
676.6
721.2
675.2
683.8
732.5
684.1
662.4
629.7
554.7
604.8
346.8
(3.76%)
(1.05%)
85
0.287
LT debt¥B
1.017
1.106
1.037
1.151
1.230
1.300
1.217
1.330
1.555
1.759
0.795
7.42%
4.97%
42
Revenue
¥952.2M
9.30%
1.00×
Cost of revenue
¥666.6M
9.30%
1.00×
Operating expenses
¥195.6M
9.05%
0.98×
Property and equipment
13.81%
Spread over hurdle
(4.68%)