1.155
Revenue¥B
1.303
1.429
1.577
1.703
1.819
1.946
2.154
2.386
2.577
2.744
1.189
8.57%
8.40%
91
15.86
Revenue growth%
7.28
9.59
7.22
9.00
6.45
3.53
6.39
7.84
8.20
8.07
26.19
7.84
7.56
64
6.69
Gross margin%
0.75
0.40
0.40
0.40
0.40
3.04
5.00
7.79
6.63
8.76
12.64
6.63
1.89
65
27.19
Operating margin%
31.90
31.02
31.24
32.28
32.66
33.50
33.96
32.25
33.75
35.11
24.38
33.75
32.47
68
4.72
Net margin%
28.37
29.94
32.80
35.69
33.72
34.40
35.18
37.28
38.47
36.85
15.38
36.85
34.79
67
12.84
P/E ratio (avg)x
8.271
7.928
7.619
7.285
7.152
7.303
7.034
6.005
5.823
5.769
15.16
6.005
7.219
64
23.71
EV/EBITx
7.871
7.916
7.971
8.363
8.432
8.514
7.808
8.432
7.540
6.959
28.14
7.808
7.943
46
27.85
FCF yield (avg)%
7.71
5.31
7.06
9.03
7.24
7.44
8.49
7.53
8.11
5.89
3.81
7.53
7.48
29
28.91
FCF margin%
28.67
27.12
25.14
26.23
28.02
25.79
24.42
22.20
22.11
24.61
16.83
24.42
25.47
31
1.506
FCF / Net incomex
1.674
1.920
2.159
2.535
2.572
2.569
2.577
2.554
2.788
2.963
0.613
2.577
2.562
86
16.82
ROIC%
5.58
6.52
5.01
4.92
5.46
6.48
9.32
6.68
9.06
11.63
22.14
9.06
6.50
19
23.51
Return on equity%
26.34
24.40
22.39
22.09
21.53
22.02
19.03
19.19
18.25
18.82
21.57
19.03
21.78
73
28.27
Return on assets%
25.19
22.65
19.98
22.72
23.53
23.50
23.15
21.54
23.77
23.65
14.71
23.50
23.32
50
2.30
EPS¥
1.01
1.12
1.21
1.22
1.10
1.15
1.13
1.07
0.96
0.86
2.45
(4.89%)
(0.94%)
—
3.19
EPS growth%
6.35
8.32
10.50
9.48
7.10
8.71
8.55
5.60
5.52
7.12
19.21
7.12
7.72
95
3.94
Bookvalue per sh¥
3.82
3.58
3.34
3.56
3.93
3.50
3.67
3.99
3.48
3.79
4.35
(0.72%)
0.54%
—
4.31
FCF per share¥
4.11
4.27
4.51
4.44
4.32
4.74
5.00
5.41
5.26
4.93
3.94
2.65%
1.92%
—
2.80
Dividend per sh¥
1.57
1.66
1.87
1.80
2.01
2.30
2.37
2.53
2.59
2.99
1.90
8.29%
6.26%
—
17.77
Div yield (avg)%
7.41
9.55
10.15
10.58
12.35
12.94
13.93
12.22
11.28
10.09
22.11
12.22
10.93
92
12.64
Payout ratio%
0.80
0.40
0.40
0.40
0.95
2.07
3.50
4.47
1.55
2.33
6.17
2.33
1.25
38
240.1
Shares (diluted)M
299.5
279.2
253.1
268.3
274.7
274.4
276.1
297.5
297.2
331.6
235.0
3.84%
2.19%
56
21.29
Buyback yield%
26.86
29.01
26.69
27.83
29.92
31.41
33.23
36.20
33.62
32.15
12.80
33.23
30.67
33
0.804
D/E ratiox
1.661
1.544
1.507
1.401
1.519
1.534
1.637
1.503
1.602
1.621
0.399
1.602
1.539
20
333.3
Enterprise value¥M
391.6
393.8
350.6
386.4
383.1
341.8
361.7
320.4
283.5
250.0
526.9
(8.18%)
(5.56%)
46
1.185
LT debt¥B
0.430
0.465
0.454
0.496
0.545
0.604
0.612
0.650
0.624
0.600
1.435
1.94%
3.81%
50
Revenue
¥2.744B
8.40%
1.00×
Cost of revenue
¥1.921B
8.40%
1.00×
Operating expenses
¥405.6M
9.30%
1.09×
Property and equipment
15.99%
Spread over hurdle
(0.07%)