1.610
Revenue¥B
1.345
1.404
1.474
1.556
1.653
1.728
1.861
1.989
2.118
2.293
1.789
6.77%
6.29%
22
13.95
Revenue growth%
29.12
31.72
30.37
31.17
31.67
32.14
34.39
31.99
30.50
30.27
4.13
31.99
31.42
61
28.72
Gross margin%
13.19
13.28
10.83
11.43
9.93
8.30
7.80
5.49
5.86
6.77
5.40
6.77
9.11
26
9.73
Operating margin%
29.65
29.54
31.28
32.09
30.85
31.12
28.32
29.24
26.55
24.59
29.00
28.32
29.59
90
13.40
Net margin%
0.40
0.40
0.40
1.88
3.96
6.11
3.30
4.49
3.43
3.55
20.09
3.55
3.36
54
25.90
P/E ratio (avg)x
25.78
24.40
24.34
24.58
25.85
28.23
27.22
28.92
32.50
36.05
31.24
28.92
26.53
82
23.34
EV/EBITx
29.23
29.15
31.34
27.69
25.35
26.09
26.33
24.74
24.56
23.09
36.73
24.74
26.21
20
12.57
FCF yield (avg)%
22.69
21.15
19.21
20.45
20.10
18.31
15.36
15.12
12.55
15.26
25.20
15.26
18.76
73
5.60
FCF margin%
27.82
28.68
27.16
26.96
24.33
22.08
20.99
22.79
24.79
27.02
12.33
22.79
25.88
87
1.303
FCF / Net incomex
0.573
0.551
0.594
0.519
0.474
0.430
0.464
0.430
0.385
0.421
0.867
0.430
0.469
20
4.82
ROIC%
28.86
30.74
30.21
27.98
26.98
27.67
26.36
27.66
24.78
24.00
18.37
26.36
27.67
44
24.09
Return on equity%
6.67
4.35
5.53
7.14
8.66
8.43
9.51
9.75
10.51
11.83
20.86
9.75
8.55
88
17.25
Return on assets%
29.92
28.73
30.54
30.79
29.93
30.92
28.24
26.88
26.69
26.73
29.19
26.88
29.32
76
1.87
EPS¥
2.76
3.05
3.16
3.39
3.83
3.67
3.93
4.53
4.28
4.43
1.92
2.97%
4.57%
—
29.85
EPS growth%
30.46
32.18
33.79
32.35
29.55
27.08
24.98
23.91
21.48
20.93
12.30
23.91
28.32
62
1.15
Bookvalue per sh¥
1.74
1.57
1.56
1.52
1.70
1.70
1.73
1.71
1.75
1.57
1.45
(1.59%)
(1.08%)
—
1.56
FCF per share¥
3.55
4.06
4.75
5.42
5.72
6.76
7.64
7.71
7.76
9.31
2.28
10.23%
11.22%
—
1.68
Dividend per sh¥
1.85
2.21
2.56
2.79
3.13
3.38
3.60
3.86
3.95
4.70
1.39
8.47%
10.66%
—
17.22
Div yield (avg)%
25.59
27.60
27.85
30.44
28.74
27.36
25.68
24.09
21.11
24.01
27.17
24.09
26.52
57
3.77
Payout ratio%
9.23
6.91
7.59
5.94
4.18
4.39
6.61
8.72
7.48
10.16
29.25
7.48
7.19
48
334.0
Shares (diluted)M
248.7
231.4
223.8
210.9
201.8
200.2
186.7
181.9
175.7
158.7
333.3
(4.69%)
(5.82%)
73
13.55
Buyback yield%
19.79
17.83
19.68
22.45
22.88
25.39
24.23
21.92
18.95
15.96
5.16
21.92
20.86
25
1.165
D/E ratiox
2.079
2.078
2.193
2.450
2.738
3.274
3.911
3.817
4.473
4.616
0.250
3.911
3.006
48
1.839
Enterprise value¥B
0.897
0.895
0.975
0.954
0.965
0.915
1.012
0.945
1.031
1.137
1.012
3.33%
2.19%
50
1.113
LT debt¥B
1.482
1.441
1.308
1.381
1.376
1.433
1.373
1.217
1.195
1.153
1.272
(3.48%)
(3.35%)
26
Revenue
¥2.293B
6.29%
1.00×
Cost of revenue
¥1.296B
6.01%
0.97×
Operating expenses
¥274.6M
6.95%
1.06×
Property and equipment
18.62%
Spread over hurdle
10.54%