10.85
Revenue¥M
117.3
120.4
123.4
126.0
131.6
137.3
144.6
152.7
159.7
166.6
11.82
4.84%
3.78%
84
27.30
Revenue growth%
21.64
23.77
26.22
27.26
26.08
24.23
21.97
24.26
21.99
20.57
25.85
21.99
24.00
34
26.21
Gross margin%
6.14
5.37
4.39
1.77
4.31
2.84
1.11
3.77
1.36
1.69
17.00
1.69
3.31
6
11.48
Operating margin%
4.76
7.10
7.99
9.56
10.75
13.18
13.61
12.05
13.38
14.09
19.99
13.38
11.40
38
25.26
Net margin%
15.76
17.10
14.88
12.97
13.94
14.92
13.54
16.27
18.05
19.47
27.04
16.27
15.34
49
13.11
P/E ratio (avg)x
19.49
20.22
18.04
17.96
19.81
19.76
18.31
16.48
14.83
14.55
16.56
16.48
18.18
19
35.33
EV/EBITx
43.90
39.28
41.95
39.62
38.29
42.06
41.44
43.69
41.77
40.06
8.933
41.77
41.61
56
13.99
FCF yield (avg)%
14.46
12.56
9.74
12.60
15.07
17.28
14.45
12.18
10.52
11.63
26.52
12.18
12.58
66
4.76
FCF margin%
22.01
24.03
23.02
24.97
23.70
23.86
22.11
22.24
22.69
19.87
3.54
22.24
22.85
46
0.471
FCF / Net incomex
1.616
1.754
1.903
1.850
2.111
2.119
2.092
2.382
2.791
3.254
0.305
2.382
2.101
20
28.19
ROIC%
29.57
30.84
31.52
30.22
28.74
28.38
30.08
30.01
29.02
31.00
13.77
30.01
30.04
49
7.35
Return on equity%
0.90
0.40
0.40
2.31
1.83
2.50
5.40
5.69
3.19
5.21
13.50
5.21
2.40
64
18.32
Return on assets%
20.58
19.75
20.26
19.40
20.82
21.60
20.55
20.62
20.11
18.96
26.05
20.55
20.40
13
0.09
EPS¥
0.94
1.02
0.99
0.94
1.08
1.26
1.25
1.19
1.15
1.36
0.10
4.84%
5.33%
—
27.66
EPS growth%
23.39
25.21
24.02
21.54
23.89
25.24
24.93
27.16
25.41
24.36
9.07
25.24
24.65
85
0.20
Bookvalue per sh¥
0.93
0.87
0.87
0.91
1.01
1.11
1.28
1.19
1.18
1.16
0.38
2.81%
3.58%
—
0.14
FCF per share¥
0.25
0.25
0.23
0.20
0.21
0.19
0.16
0.17
0.17
0.19
0.09
(2.16%)
(2.26%)
—
0.26
Dividend per sh¥
0.41
0.42
0.47
0.53
0.49
0.56
0.51
0.50
0.51
0.58
0.09
3.34%
3.15%
—
21.96
Div yield (avg)%
28.45
26.49
24.18
23.31
25.08
22.75
23.73
26.21
25.79
22.90
29.25
23.73
24.63
37
3.28
Payout ratio%
31.43
30.43
31.23
32.86
31.07
30.29
32.53
33.80
32.79
33.02
18.94
32.79
31.98
15
184.3
Shares (diluted)M
159.4
136.9
120.6
122.5
112.1
114.5
123.7
114.0
109.4
108.3
180.0
(0.68%)
(4.77%)
71
12.30
Buyback yield%
24.95
24.17
21.19
24.09
23.78
25.73
24.61
26.11
27.22
27.07
3.55
26.11
24.78
50
1.366
D/E ratiox
0.950
1.017
0.976
0.870
0.915
0.968
0.972
1.083
1.132
1.223
0.357
1.083
0.974
17
98.08
Enterprise value¥M
39.15
43.36
40.39
41.81
42.63
46.09
47.87
45.44
46.05
45.22
129.2
1.19%
1.15%
87
86.65
LT debt¥M
47.30
48.62
49.91
52.89
59.19
53.60
49.49
51.18
46.47
44.60
10.74
(5.50%)
(0.89%)
42
Revenue
¥166.6M
3.78%
1.00×
Cost of revenue
¥107.8M
3.70%
0.99×
Operating expenses
¥31.45M
3.20%
0.95×
Goodwill & intangibles
18.11%
Spread over hurdle
(1.22%)