252.3
Revenue¥M
154.0
165.0
179.2
193.2
205.7
223.6
236.5
254.5
276.5
299.6
262.7
7.80%
7.70%
58
17.67
Revenue growth%
27.59
28.48
29.18
30.61
28.05
28.25
25.54
24.10
25.18
27.41
12.71
25.54
27.82
35
8.32
Gross margin%
13.30
15.61
15.08
13.06
13.91
16.44
18.93
21.09
18.18
19.50
3.53
18.93
16.03
56
23.68
Operating margin%
4.94
4.27
6.10
6.36
5.92
5.20
2.83
2.57
0.56
0.85
29.94
2.57
4.60
83
14.09
Net margin%
14.13
15.72
16.50
17.45
16.73
14.40
15.19
14.33
16.73
15.10
5.38
15.10
15.46
5
19.16
P/E ratio (avg)x
35.53
35.70
34.34
38.15
35.68
32.97
35.14
35.16
36.01
39.62
25.36
35.16
35.60
36
34.72
EV/EBITx
11.22
10.89
11.68
13.14
13.45
13.05
13.22
13.30
13.59
16.16
37.29
13.30
13.18
82
7.95
FCF yield (avg)%
18.53
17.06
18.22
15.24
13.42
12.56
13.22
13.32
11.39
12.20
23.16
12.56
13.37
34
21.52
FCF margin%
3.36
0.62
1.20
0.76
2.07
4.69
3.74
6.24
5.55
4.43
19.03
4.69
3.55
39
1.101
FCF / Net incomex
0.143
0.154
0.158
0.177
0.166
0.178
0.160
0.154
0.169
0.185
1.389
0.169
0.163
23
19.63
ROIC%
20.93
23.36
24.11
22.18
21.56
19.06
18.72
15.87
15.93
14.64
11.45
15.93
20.00
65
8.15
Return on equity%
14.08
16.74
18.39
17.18
18.11
20.51
17.73
20.07
18.16
18.30
13.68
18.30
18.14
83
16.86
Return on assets%
32.55
35.18
37.65
38.82
40.09
42.47
42.44
40.41
40.35
39.73
15.79
40.41
39.91
93
0.36
EPS¥
0.16
0.16
0.16
0.17
0.19
0.21
0.24
0.28
0.30
0.28
0.39
8.17%
6.76%
—
28.02
EPS growth%
35.50
33.59
35.76
36.79
36.33
38.33
39.86
40.79
41.52
42.59
26.55
40.79
37.56
55
0.19
Bookvalue per sh¥
0.34
0.34
0.33
0.32
0.31
0.34
0.31
0.33
0.30
0.32
0.63
0.84%
(0.60%)
—
0.47
FCF per share¥
0.11
0.12
0.12
0.12
0.12
0.13
0.14
0.15
0.17
0.15
0.26
5.41%
2.86%
—
0.47
Dividend per sh¥
0.57
0.54
0.49
0.53
0.51
0.52
0.57
0.62
0.68
0.68
0.28
5.95%
2.44%
—
9.01
Div yield (avg)%
11.56
11.79
9.91
8.43
9.32
6.89
9.61
6.70
6.85
6.35
16.00
6.85
8.87
87
23.76
Payout ratio%
0.97
1.96
0.40
0.40
0.40
0.40
2.16
2.21
0.80
2.89
22.70
2.16
0.88
56
375.5
Shares (diluted)M
523.2
471.3
480.9
482.9
479.2
459.3
474.4
469.4
510.0
471.5
382.1
(0.33%)
(0.17%)
28
4.78
Buyback yield%
18.51
20.15
17.56
19.13
16.53
16.58
13.66
15.98
18.09
20.28
22.03
16.58
17.82
45
1.266
D/E ratiox
0.590
0.544
0.558
0.618
0.573
0.592
0.598
0.624
0.638
0.609
1.327
0.609
0.595
43
298.4
Enterprise value¥M
298.6
311.0
295.3
269.6
279.9
248.8
262.7
258.5
229.2
237.7
368.4
(3.22%)
(2.50%)
67
222.4
LT debt¥M
135.3
122.0
114.0
105.1
99.37
94.23
84.27
78.96
70.61
73.57
321.8
(5.84%)
(6.22%)
57
Revenue
¥299.6M
7.70%
1.00×
Cost of revenue
¥152.0M
7.78%
1.01×
Operating expenses
¥71.00M
7.42%
0.97×
Goodwill & intangibles
18.58%
Spread over hurdle
(2.44%)