438.1
Revenue¥M
272.9
292.3
306.3
334.8
357.8
387.5
415.9
439.4
477.5
506.6
481.5
7.20%
7.20%
57
14.48
Revenue growth%
19.28
21.37
21.36
18.74
17.92
18.70
20.25
18.28
19.39
19.84
15.99
19.39
19.34
40
28.25
Gross margin%
26.52
24.08
23.56
21.44
22.25
20.31
19.29
20.99
21.05
19.77
12.47
20.31
21.25
44
27.13
Operating margin%
23.27
22.12
21.65
22.04
24.64
23.83
26.04
27.92
29.24
26.82
13.69
26.82
24.24
92
6.71
Net margin%
26.30
28.13
30.77
28.52
27.14
28.55
28.69
25.79
24.84
25.31
19.87
25.79
27.64
27
11.28
P/E ratio (avg)x
15.30
15.04
14.30
12.36
12.35
10.94
9.416
9.417
9.096
8.028
14.09
9.416
11.65
53
25.14
EV/EBITx
13.29
13.55
12.21
12.46
13.82
13.37
12.31
11.16
9.915
9.295
37.96
11.16
12.38
77
17.31
FCF yield (avg)%
28.42
28.14
31.01
33.33
33.66
33.81
34.27
35.82
35.58
33.91
27.27
34.27
33.74
47
23.61
FCF margin%
3.04
2.39
0.40
0.40
0.40
1.55
0.40
0.40
1.60
1.89
28.59
1.55
0.97
12
0.826
FCF / Net incomex
1.185
1.068
1.071
0.940
0.849
0.848
0.920
0.836
0.784
0.806
0.507
0.836
0.885
5
23.35
ROIC%
9.60
10.77
13.14
13.23
11.88
11.54
11.76
9.03
9.22
7.04
17.93
9.22
11.16
52
2.02
Return on equity%
14.00
14.18
16.60
15.84
17.94
20.86
23.30
20.83
21.79
22.35
12.50
21.79
19.39
78
24.20
Return on assets%
10.98
13.13
11.10
9.11
6.19
3.30
4.79
7.55
7.19
8.76
5.23
7.19
8.15
90
0.22
EPS¥
0.17
0.18
0.20
0.20
0.24
0.25
0.26
0.28
0.30
0.35
0.23
8.49%
6.90%
—
25.19
EPS growth%
23.38
26.05
25.35
25.96
23.96
23.97
22.65
20.01
18.20
19.57
21.77
20.01
23.67
85
0.27
Bookvalue per sh¥
0.11
0.12
0.11
0.12
0.11
0.11
0.13
0.12
0.12
0.11
0.18
(0.21%)
(0.64%)
—
0.09
FCF per share¥
0.55
0.61
0.56
0.57
0.55
0.61
0.60
0.64
0.58
0.63
0.16
2.86%
2.77%
—
0.16
Dividend per sh¥
0.41
0.39
0.39
0.45
0.44
0.47
0.49
0.51
0.52
0.55
0.53
4.54%
4.23%
—
7.83
Div yield (avg)%
18.32
18.09
20.50
21.47
23.32
25.19
23.62
26.58
23.69
25.31
20.64
25.19
23.47
10
10.67
Payout ratio%
16.95
17.56
15.79
15.62
15.01
12.73
10.46
9.42
9.98
12.34
8.62
10.46
13.87
77
381.5
Shares (diluted)M
328.7
295.3
297.9
282.3
291.8
299.9
321.5
352.1
312.1
278.5
375.8
(0.93%)
(1.71%)
69
3.62
Buyback yield%
28.86
28.72
31.00
32.02
29.87
27.76
28.96
26.71
26.35
24.24
12.55
26.71
28.79
70
1.474
D/E ratiox
3.448
3.357
3.270
3.725
4.459
5.031
5.524
6.363
6.617
7.390
1.734
6.363
4.745
5
206.6
Enterprise value¥M
473.4
562.2
594.6
574.6
582.6
604.9
693.9
736.4
741.1
749.5
439.1
5.17%
6.44%
79
0.380
LT debt¥B
0.713
0.726
0.759
0.761
0.843
0.823
0.923
1.039
1.017
0.957
0.401
2.57%
2.90%
50
Revenue
¥506.6M
7.20%
1.00×
Cost of revenue
¥211.0M
7.12%
0.99×
Operating expenses
¥122.8M
6.95%
0.98×
Goodwill & intangibles
18.66%
Spread over hurdle
18.91%