190.3
Revenue¥M
190.2
209.9
229.2
253.2
277.2
297.5
320.8
343.5
380.8
423.2
209.7
8.83%
9.26%
61
7.40
Revenue growth%
22.85
25.12
23.02
22.25
24.19
21.40
22.64
22.03
19.60
22.21
13.51
22.03
22.44
63
29.48
Gross margin%
29.08
28.16
29.23
29.90
29.30
27.98
28.25
27.45
28.44
29.06
17.07
28.25
28.75
66
13.87
Operating margin%
22.10
22.19
21.45
24.02
25.33
26.64
26.62
25.76
24.36
26.04
24.83
26.04
24.84
14
14.23
Net margin%
4.56
4.74
7.69
10.03
7.09
7.99
6.27
5.37
7.76
8.75
23.89
7.76
7.39
17
24.80
P/E ratio (avg)x
25.74
23.35
24.27
25.26
26.01
29.37
32.79
34.93
33.06
35.07
33.02
33.06
27.69
41
7.381
EV/EBITx
12.40
14.87
14.44
15.76
18.32
18.58
20.12
20.71
20.26
21.47
35.64
20.26
18.45
12
19.40
FCF yield (avg)%
15.83
18.13
19.75
21.92
24.75
25.50
25.67
28.50
29.57
30.65
12.52
28.50
25.12
74
21.50
FCF margin%
27.25
29.21
26.46
27.99
27.22
27.14
27.66
28.27
29.66
32.56
19.78
28.27
27.83
9
0.358
FCF / Net incomex
1.401
1.668
1.791
1.731
1.825
2.122
2.032
1.954
1.909
2.084
0.449
2.032
1.867
34
27.41
ROIC%
19.05
20.68
22.65
21.37
19.49
16.78
19.52
17.73
19.68
22.33
3.17
19.52
19.60
88
29.72
Return on equity%
14.15
13.92
16.02
17.52
19.21
19.93
21.32
19.10
20.25
20.00
21.28
20.00
19.16
86
5.92
Return on assets%
6.71
6.06
3.57
5.05
4.64
4.19
5.42
3.34
5.93
4.53
7.95
4.53
4.85
41
0.59
EPS¥
1.37
1.20
1.14
1.17
1.22
1.14
1.12
1.09
0.98
1.03
0.63
(3.42%)
(3.28%)
—
7.12
EPS growth%
17.63
16.19
17.25
14.29
12.98
14.87
15.54
15.43
13.81
12.51
17.25
14.87
15.15
86
0.84
Bookvalue per sh¥
1.13
1.25
1.31
1.30
1.51
1.44
1.43
1.53
1.56
1.73
0.90
2.86%
5.05%
—
1.35
FCF per share¥
0.30
0.28
0.26
0.25
0.27
0.30
0.29
0.32
0.33
0.36
1.90
5.74%
2.09%
—
1.03
Dividend per sh¥
1.23
1.17
1.05
0.96
1.00
0.93
0.80
0.82
0.86
0.77
0.73
(5.01%)
(4.10%)
—
13.29
Div yield (avg)%
28.08
27.36
27.28
28.58
25.76
25.94
28.83
28.70
29.98
31.46
25.17
28.83
28.33
80
25.24
Payout ratio%
28.15
28.07
25.72
28.63
28.76
27.45
28.98
29.86
30.52
27.60
7.58
28.98
28.39
57
177.9
Shares (diluted)M
255.7
293.8
348.9
380.2
432.4
439.4
462.0
483.0
523.7
516.0
168.8
3.60%
8.49%
49
8.23
Buyback yield%
0.88
0.40
0.99
3.82
1.86
3.06
0.40
0.40
2.55
2.12
24.67
2.12
1.43
35
1.379
D/E ratiox
2.270
2.450
2.790
2.967
3.166
2.989
2.982
3.123
3.661
3.927
0.719
3.123
2.986
68
125.1
Enterprise value¥M
38.12
34.74
34.11
33.04
32.64
35.32
39.99
39.63
43.65
46.97
358.8
7.55%
1.03%
40
119.1
LT debt¥M
102.8
114.6
117.8
126.8
138.6
147.4
146.7
133.2
127.2
127.2
414.7
(1.71%)
1.36%
9
Revenue
¥423.2M
9.26%
1.00×
Cost of revenue
¥251.9M
9.03%
0.98×
Operating expenses
¥61.99M
10.43%
1.11×
Property and equipment
21.24%
Cash and investments
14.35%
Spread over hurdle
22.47%