130.4
Revenue¥M
271.4
296.5
318.8
350.4
370.6
390.5
417.2
455.1
500.9
527.4
142.0
7.31%
7.69%
40
12.98
Revenue growth%
21.37
22.86
25.35
25.45
25.18
26.82
28.39
30.05
31.46
32.75
5.90
30.05
26.13
63
18.53
Gross margin%
26.01
25.37
26.92
29.59
28.41
27.62
26.34
25.35
25.06
22.63
22.56
25.35
26.17
85
29.30
Operating margin%
15.38
18.23
21.17
22.12
24.59
26.10
27.70
27.06
26.93
24.73
29.02
26.93
24.66
44
22.06
Net margin%
23.47
25.07
23.77
22.38
24.83
24.79
23.00
24.72
23.97
21.48
11.25
23.97
23.87
77
21.63
P/E ratio (avg)x
32.00
32.02
33.29
33.18
32.57
34.44
37.90
38.26
42.79
40.66
35.68
38.26
33.86
9
30.14
EV/EBITx
20.95
22.19
23.97
25.74
29.91
28.95
27.59
27.99
28.58
30.90
29.04
28.58
27.79
42
20.94
FCF yield (avg)%
20.30
23.21
23.39
25.74
28.41
28.52
26.72
28.65
29.95
29.86
13.95
28.65
27.56
86
4.23
FCF margin%
29.42
29.20
30.46
28.98
29.76
31.28
34.07
36.24
37.23
40.09
7.59
36.24
30.87
49
0.760
FCF / Net incomex
1.914
2.106
2.152
2.503
2.497
2.545
2.797
2.756
2.890
3.501
1.642
2.797
2.524
37
13.47
ROIC%
14.78
15.38
17.42
20.24
19.77
20.44
19.65
17.88
16.69
14.31
26.22
17.88
17.65
39
24.51
Return on equity%
9.21
9.74
8.43
6.97
9.47
8.07
7.72
10.44
10.22
7.32
24.80
8.07
8.82
90
2.67
Return on assets%
7.66
5.24
4.02
1.10
3.62
2.68
4.53
3.78
5.62
3.00
22.97
3.78
3.90
39
0.33
EPS¥
1.66
1.71
1.85
1.99
1.91
1.94
1.88
2.15
2.24
2.38
0.34
4.53%
4.83%
—
7.06
EPS growth%
34.45
35.80
35.33
33.88
35.51
33.80
33.57
32.93
33.75
33.59
16.77
33.59
33.84
93
1.00
Bookvalue per sh¥
0.99
1.12
1.21
1.42
1.58
1.79
1.86
2.04
2.45
2.43
1.37
9.03%
9.66%
—
1.02
FCF per share¥
1.05
1.07
1.03
1.02
0.99
1.07
1.17
1.12
1.17
1.18
1.80
3.54%
0.20%
—
1.08
Dividend per sh¥
1.64
1.85
2.03
2.37
2.59
2.56
2.41
2.77
2.85
3.28
1.50
4.89%
6.76%
—
18.44
Div yield (avg)%
27.61
29.74
28.61
29.69
29.96
29.64
32.23
32.63
33.61
33.72
18.12
32.63
29.85
13
23.46
Payout ratio%
21.99
23.57
26.25
28.74
29.58
30.69
29.98
30.58
29.99
29.68
11.03
29.99
29.63
95
161.4
Shares (diluted)M
169.0
179.2
168.5
181.6
173.1
178.7
196.4
208.4
187.3
190.2
166.8
1.90%
1.18%
12
22.06
Buyback yield%
30.36
29.85
31.68
33.56
34.75
33.67
36.15
35.26
37.97
40.82
4.34
36.15
34.21
39
1.332
D/E ratiox
0.629
0.599
0.567
0.542
0.612
0.604
0.569
0.554
0.619
0.634
0.154
0.604
0.602
57
70.54
Enterprise value¥M
557.6
524.3
504.7
488.5
514.1
527.3
598.3
629.4
599.2
608.7
218.1
3.44%
1.82%
38
355.4
LT debt¥M
125.4
139.2
162.5
178.9
177.9
185.2
190.0
196.3
224.6
223.2
364.6
4.64%
6.17%
20
Revenue
¥527.4M
7.69%
1.00×
Cost of revenue
¥346.6M
7.61%
0.99×
Operating expenses
¥87.08M
7.78%
1.01×
Property and equipment
22.68%
Spread over hurdle
(2.18%)