182.2
Revenue¥M
164.0
173.4
185.7
194.4
211.7
220.3
239.3
249.1
270.8
292.6
187.7
6.69%
6.87%
22
27.35
Revenue growth%
7.27
4.94
2.34
0.40
0.40
2.27
0.40
1.95
1.53
2.97
27.58
1.95
2.11
68
6.14
Gross margin%
6.30
3.66
4.75
3.33
5.44
7.91
7.00
4.88
2.00
3.41
11.94
4.88
4.81
81
14.69
Operating margin%
4.06
4.81
6.21
8.06
8.56
11.54
10.06
8.44
8.19
9.68
25.17
9.68
8.31
22
6.75
Net margin%
29.27
27.46
29.48
29.49
31.61
32.32
34.81
35.04
35.51
34.35
3.30
34.81
31.97
22
24.11
P/E ratio (avg)x
33.59
32.47
34.51
35.02
41.04
48.00
50.13
53.15
55.62
59.36
27.55
53.15
44.52
40
6.095
EV/EBITx
58.52
68.68
73.93
71.32
68.13
71.95
77.23
78.87
86.13
85.34
29.83
78.87
72.94
42
27.30
FCF yield (avg)%
12.26
12.00
9.59
10.16
8.82
6.05
4.99
2.24
4.04
5.45
18.46
4.99
7.44
26
24.87
FCF margin%
4.96
2.86
1.51
4.02
1.80
2.88
1.68
2.53
1.62
4.50
10.85
2.53
2.70
85
1.306
FCF / Net incomex
0.570
0.619
0.640
0.684
0.823
0.984
1.164
1.290
1.365
1.532
0.279
1.290
0.904
61
24.79
ROIC%
11.81
13.14
11.65
14.60
15.86
18.34
20.38
22.57
19.76
22.25
13.04
20.38
17.10
63
17.05
Return on equity%
26.13
24.88
27.57
29.32
30.11
29.66
32.57
33.30
34.50
36.68
19.61
33.30
29.89
15
8.64
Return on assets%
7.99
5.99
8.03
10.89
8.01
6.16
3.57
0.74
0.63
3.49
22.45
3.49
6.07
18
0.41
EPS¥
0.14
0.15
0.15
0.15
0.15
0.14
0.13
0.14
0.15
0.14
0.45
(0.83%)
0.55%
—
29.45
EPS growth%
15.11
16.99
19.37
19.68
22.23
21.09
23.37
25.73
25.59
27.97
13.18
25.59
21.66
20
0.36
Bookvalue per sh¥
0.24
0.21
0.20
0.20
0.18
0.20
0.20
0.19
0.20
0.20
0.50
2.42%
(1.37%)
—
0.19
FCF per share¥
0.74
0.81
0.89
0.97
1.08
1.23
1.33
1.57
1.63
1.88
0.53
11.80%
11.46%
—
0.42
Dividend per sh¥
0.13
0.12
0.13
0.13
0.14
0.12
0.13
0.13
0.12
0.12
0.19
(2.92%)
(0.02%)
—
14.98
Div yield (avg)%
19.36
20.97
23.02
25.58
25.34
25.22
25.42
24.89
24.93
24.38
21.02
24.93
24.91
39
9.29
Payout ratio%
7.49
6.90
6.50
6.21
8.93
8.43
9.06
7.46
4.80
2.73
19.33
7.46
7.18
5
297.7
Shares (diluted)M
251.5
269.0
283.6
297.2
311.6
303.4
294.0
281.2
304.2
279.1
303.2
(2.18%)
1.23%
32
4.04
Buyback yield%
17.58
17.27
17.60
15.63
13.10
15.45
13.49
12.47
12.78
11.27
8.89
12.78
14.47
22
1.777
D/E ratiox
0.863
0.798
0.859
0.742
0.770
0.744
0.681
0.729
0.706
0.665
0.639
0.706
0.743
80
117.0
Enterprise value¥M
197.1
180.2
177.8
164.0
168.7
174.9
163.1
142.6
124.6
131.1
243.2
(4.91%)
(3.24%)
30
163.0
LT debt¥M
483.1
516.4
533.0
513.8
547.3
583.3
587.7
660.5
688.3
786.2
146.1
7.51%
4.67%
45
Revenue
¥292.6M
6.87%
1.00×
Cost of revenue
¥204.8M
6.87%
1.00×
Operating expenses
¥53.71M
6.46%
0.96×
Goodwill & intangibles
15.95%
Spread over hurdle
(8.21%)