0.633
Revenue¥B
1.087
1.134
1.185
1.235
1.313
1.390
1.501
1.571
1.693
1.821
0.672
6.77%
6.11%
92
5.26
Revenue growth%
29.72
31.72
34.50
31.93
34.49
32.68
35.56
33.27
33.28
31.93
7.49
33.27
32.97
51
29.54
Gross margin%
27.99
26.93
23.96
21.32
19.57
19.68
22.38
24.63
23.15
22.64
10.99
22.64
22.90
17
10.00
Operating margin%
33.08
33.09
33.51
35.69
33.04
34.98
33.13
35.06
36.54
35.25
2.40
35.06
34.24
60
3.74
Net margin%
5.91
4.75
6.63
9.42
10.19
12.63
14.84
13.71
10.84
13.38
4.36
13.38
10.51
92
35.19
P/E ratio (avg)x
27.88
29.18
30.39
27.76
28.47
24.04
22.97
22.38
21.86
21.16
23.79
22.38
25.90
34
17.96
EV/EBITx
51.52
58.21
67.51
78.29
92.95
110.4
130.3
156.8
182.5
184.7
34.25
156.8
101.7
43
12.49
FCF yield (avg)%
19.66
18.06
15.60
17.09
16.79
14.32
16.43
19.26
19.55
21.37
11.75
19.26
17.58
65
23.55
FCF margin%
19.44
18.80
16.23
15.43
17.17
17.88
18.79
18.78
19.93
20.28
18.58
18.79
18.78
46
0.940
FCF / Net incomex
0.366
0.321
0.317
0.304
0.309
0.331
0.357
0.361
0.344
0.301
0.899
0.344
0.326
32
10.36
ROIC%
22.87
23.57
23.50
21.45
20.20
21.49
20.10
19.19
22.17
24.82
25.84
21.49
21.83
88
18.62
Return on equity%
2.07
0.78
0.40
3.16
4.29
5.63
6.91
5.93
5.11
4.05
25.40
5.63
4.17
60
16.51
Return on assets%
6.47
4.39
3.03
0.40
2.84
3.36
5.06
7.20
7.68
8.85
20.32
7.20
4.72
26
2.90
EPS¥
3.03
2.88
3.24
3.37
3.05
2.78
2.81
2.87
3.20
2.91
3.04
(0.91%)
(0.11%)
—
26.07
EPS growth%
21.25
22.95
24.02
26.42
25.55
26.20
28.35
25.72
23.09
25.27
3.50
25.72
25.41
6
1.37
Bookvalue per sh¥
0.90
0.96
0.97
0.95
1.05
1.17
1.14
1.27
1.33
1.47
3.22
6.91%
5.61%
—
3.34
FCF per share¥
1.39
1.56
1.57
1.76
1.99
2.15
2.13
2.12
2.17
2.35
1.00
3.38%
7.40%
—
1.60
Dividend per sh¥
5.81
6.18
6.71
6.95
7.13
7.74
9.02
9.10
9.68
9.77
2.43
6.51%
5.99%
—
13.14
Div yield (avg)%
15.29
15.21
12.99
11.09
12.42
13.01
13.12
14.36
14.80
16.38
26.36
14.36
13.74
39
8.58
Payout ratio%
12.68
11.03
11.10
8.57
6.70
7.46
8.70
9.61
9.48
9.24
22.84
9.24
9.36
75
257.1
Shares (diluted)M
357.7
379.1
447.3
480.6
547.7
588.6
606.6
716.2
810.3
855.6
254.5
9.33%
10.62%
17
16.00
Buyback yield%
13.48
11.87
10.15
11.48
9.26
11.92
13.48
14.34
16.10
14.34
3.08
14.34
12.70
79
1.174
D/E ratiox
0.106
0.098
0.094
0.106
0.115
0.108
0.124
0.113
0.129
0.128
0.428
0.124
0.111
80
0.127
Enterprise value¥B
0.072
0.065
0.067
0.064
0.056
0.052
0.048
0.047
0.044
0.044
1.444
(4.77%)
(4.75%)
32
410.0
LT debt¥M
708.2
747.5
730.2
673.1
680.9
756.7
728.8
658.1
680.5
694.8
760.0
0.41%
0.71%
76
Revenue
¥1.821B
6.11%
1.00×
Cost of revenue
¥1.275B
6.11%
1.00×
Operating expenses
¥336.6M
6.91%
1.08×
Cash and investments
17.21%
Spread over hurdle
34.01%