207.0
Revenue¥M
311.1
318.8
331.9
347.8
355.5
366.7
384.2
398.6
413.0
428.2
225.2
3.79%
3.84%
45
14.33
Revenue growth%
24.99
22.07
24.05
25.76
24.23
22.05
24.45
27.06
26.15
27.69
28.46
26.15
24.72
29
5.13
Gross margin%
10.80
12.19
9.34
10.05
9.52
11.87
14.07
14.75
16.39
14.22
10.52
14.22
12.03
28
3.04
Operating margin%
29.96
29.01
27.36
30.26
27.99
29.57
32.32
35.11
36.30
34.42
2.45
34.42
30.11
36
18.85
Net margin%
12.60
14.25
13.06
15.36
17.76
15.11
12.56
11.65
10.24
9.29
20.63
11.65
12.83
64
18.13
P/E ratio (avg)x
13.61
13.90
14.46
16.09
17.80
16.96
19.75
18.84
20.35
21.38
12.14
19.75
17.38
83
7.995
EV/EBITx
27.51
26.33
26.62
25.45
27.65
26.61
30.27
29.08
33.55
33.69
18.56
30.27
27.58
34
24.77
FCF yield (avg)%
25.83
24.35
21.41
19.71
22.44
22.23
25.12
26.00
24.35
26.47
26.50
25.12
24.35
92
4.10
FCF margin%
3.93
4.22
5.19
7.25
7.58
8.09
8.33
10.56
11.88
13.28
15.51
10.56
7.84
18
1.446
FCF / Net incomex
1.137
1.055
0.991
0.911
0.891
0.915
0.873
0.925
0.894
0.831
0.464
0.894
0.913
38
10.68
ROIC%
25.76
22.85
20.47
20.63
22.98
20.35
21.16
18.99
18.19
16.24
4.71
18.99
20.55
82
21.18
Return on equity%
26.07
27.98
28.33
28.25
29.09
30.11
30.57
29.88
32.73
34.44
14.94
30.57
29.48
11
14.54
Return on assets%
8.82
9.92
10.85
11.91
12.10
9.93
8.08
6.54
4.90
5.95
17.10
6.54
9.37
71
0.18
EPS¥
0.24
0.27
0.25
0.29
0.31
0.30
0.29
0.31
0.34
0.32
0.20
0.65%
4.41%
—
26.32
EPS growth%
15.33
16.96
14.06
13.86
13.63
13.43
12.25
12.85
14.52
16.30
18.80
13.43
13.96
81
0.12
Bookvalue per sh¥
0.29
0.26
0.28
0.30
0.28
0.30
0.28
0.29
0.29
0.26
0.32
(1.92%)
(1.33%)
—
0.09
FCF per share¥
0.47
0.51
0.58
0.62
0.70
0.66
0.76
0.86
0.98
0.99
0.27
7.34%
9.33%
—
0.08
Dividend per sh¥
0.35
0.42
0.41
0.47
0.48
0.51
0.51
0.56
0.57
0.58
0.09
3.90%
6.23%
—
4.70
Div yield (avg)%
19.97
20.73
23.28
20.88
22.75
23.86
23.79
25.20
22.46
22.17
20.61
23.79
22.61
89
28.26
Payout ratio%
7.52
5.98
7.45
8.60
7.37
9.75
8.83
6.05
3.49
0.88
19.01
6.05
7.41
48
544.2
Shares (diluted)M
404.0
426.6
406.1
408.1
422.5
463.9
469.6
501.6
488.5
477.8
539.5
2.49%
2.03%
10
8.27
Buyback yield%
8.43
8.92
9.55
6.64
9.28
11.84
9.64
10.45
12.84
11.01
29.85
11.01
9.60
43
0.941
D/E ratiox
0.594
0.553
0.529
0.469
0.455
0.401
0.365
0.388
0.403
0.417
0.287
0.401
0.436
63
100.7
Enterprise value¥M
334.6
338.2
361.3
384.7
418.0
466.3
511.3
495.4
465.1
514.6
113.8
4.25%
4.68%
58
199.2
LT debt¥M
620.9
555.6
595.3
618.4
592.6
639.7
603.8
522.1
496.9
424.2
318.8
(6.47%)
(3.18%)
13
Revenue
¥428.2M
3.84%
1.00×
Cost of revenue
¥226.8M
3.63%
0.98×
Operating expenses
¥53.58M
3.70%
0.99×
Cash and investments
17.90%
Spread over hurdle
33.66%