2.011
Revenue¥B
0.769
0.816
0.873
0.953
1.035
1.126
1.219
1.346
1.492
1.648
2.184
9.75%
8.85%
50
5.94
Revenue growth%
19.33
18.24
20.82
21.86
20.49
19.99
19.47
20.72
21.09
20.80
28.66
20.72
20.61
9
5.28
Gross margin%
10.31
12.05
12.38
14.61
14.42
15.50
18.41
18.97
21.36
19.21
27.69
18.97
15.06
42
29.36
Operating margin%
6.91
6.04
4.03
6.35
5.57
6.42
4.79
6.95
4.34
2.62
28.76
4.79
5.81
60
6.94
Net margin%
19.80
22.38
22.75
25.68
25.44
23.69
21.70
22.40
21.53
19.26
3.62
21.70
22.39
7
14.08
P/E ratio (avg)x
39.05
40.63
42.64
39.05
41.52
38.20
39.87
36.38
36.99
36.86
31.74
36.99
39.05
8
23.10
EV/EBITx
30.46
30.15
28.95
29.31
27.37
29.62
30.35
27.66
25.04
26.13
33.22
27.66
29.13
23
13.79
FCF yield (avg)%
29.57
28.29
29.26
30.44
31.85
31.78
32.90
35.23
33.64
33.12
27.72
33.12
31.82
8
12.95
FCF margin%
21.51
23.98
22.61
20.96
23.20
25.22
25.95
28.67
31.39
33.05
26.24
28.67
24.60
61
1.379
FCF / Net incomex
3.031
3.272
3.531
3.513
3.801
4.426
5.023
4.845
5.618
5.454
0.657
5.023
4.113
47
22.40
ROIC%
1.04
2.64
0.58
0.40
1.58
3.94
3.76
4.65
6.14
4.54
29.79
4.54
3.20
6
4.97
Return on equity%
18.03
19.10
20.61
22.09
19.28
20.50
20.92
20.01
21.93
23.80
15.55
20.92
20.55
28
18.76
Return on assets%
11.02
8.53
7.50
7.45
5.85
8.69
5.92
4.13
4.98
2.63
10.36
4.98
6.69
60
2.65
EPS¥
2.38
2.42
2.73
2.44
2.32
2.34
2.16
1.94
1.78
1.99
2.88
(2.98%)
(2.26%)
—
17.96
EPS growth%
2.29
4.29
4.10
4.61
6.63
5.48
7.06
5.36
4.23
3.20
25.06
5.36
4.45
85
0.73
Bookvalue per sh¥
3.01
3.30
3.27
3.42
4.07
4.63
4.92
5.96
7.19
8.67
2.71
16.32%
11.31%
—
1.27
FCF per share¥
1.39
1.34
1.57
1.84
1.78
1.92
1.93
2.23
2.28
2.62
2.72
8.00%
8.48%
—
2.19
Dividend per sh¥
0.70
0.75
0.80
0.76
0.68
0.58
0.54
0.56
0.59
0.61
0.58
(2.29%)
(0.77%)
—
13.30
Div yield (avg)%
2.46
2.15
1.78
4.37
2.96
3.83
5.10
2.78
5.09
3.69
4.89
3.83
3.32
24
26.80
Payout ratio%
8.17
9.50
12.23
12.25
11.53
10.02
7.84
7.46
6.24
4.22
29.99
7.46
8.83
50
313.1
Shares (diluted)M
337.1
373.7
414.2
400.7
442.5
493.9
473.8
449.5
467.1
532.7
317.0
3.78%
3.93%
72
20.97
Buyback yield%
9.84
8.54
5.79
8.11
7.34
5.22
4.94
2.35
4.96
6.37
25.65
4.96
6.08
47
0.343
D/E ratiox
1.050
0.941
0.914
0.821
0.900
0.950
0.867
0.818
0.832
0.754
0.606
0.832
0.883
72
1.014
Enterprise value¥B
0.997
0.940
0.821
0.791
0.800
0.787
0.727
0.632
0.654
0.672
1.845
(3.44%)
(3.83%)
64
1.924
LT debt¥B
2.094
2.436
2.385
2.723
2.715
3.184
3.780
4.104
4.527
4.746
0.730
11.82%
8.66%
23
Revenue
¥1.648B
8.85%
1.00×
Cost of revenue
¥1.153B
8.85%
1.00×
Operating expenses
¥328.5M
8.81%
1.00×
Cash and investments
18.93%
Property and equipment
16.10%
Spread over hurdle
(0.01%)