2.326
Revenue¥B
1.743
1.886
2.054
2.248
2.376
2.501
2.658
2.870
3.020
3.191
2.518
6.07%
7.08%
47
19.18
Revenue growth%
12.41
14.43
17.34
19.59
18.68
15.87
15.85
13.40
13.58
15.50
7.16
15.50
15.67
55
21.02
Gross margin%
21.40
21.69
19.68
18.59
21.25
21.65
24.03
26.04
27.72
27.97
29.64
26.04
21.67
87
14.72
Operating margin%
5.25
2.92
0.40
0.40
0.40
2.53
5.22
6.70
7.99
8.27
18.23
6.70
4.07
35
4.52
Net margin%
18.42
19.86
16.95
15.61
12.72
11.18
13.96
14.42
15.49
18.09
5.55
14.42
15.55
67
20.51
P/E ratio (avg)x
27.14
29.42
31.62
31.59
35.31
39.07
40.74
41.08
39.00
38.04
14.11
39.07
36.68
91
22.08
EV/EBITx
31.25
33.54
29.49
32.04
33.94
33.15
36.49
33.74
30.25
27.99
8.892
33.15
32.59
88
16.70
FCF yield (avg)%
20.46
19.91
20.34
18.45
21.05
18.24
17.63
20.22
22.81
22.09
17.63
20.22
20.28
14
11.29
FCF margin%
25.41
27.45
27.62
25.88
24.60
24.85
23.48
21.77
21.03
18.18
2.66
21.77
24.72
7
1.161
FCF / Net incomex
1.502
1.338
1.290
1.290
1.304
1.241
1.178
1.254
1.273
1.221
1.154
1.241
1.281
32
12.46
ROIC%
29.29
32.16
33.59
34.74
36.85
34.68
36.87
37.14
38.03
38.60
24.14
37.14
35.79
88
26.64
Return on equity%
27.55
29.97
27.08
26.56
24.85
27.14
26.52
27.73
26.49
24.80
14.92
26.52
26.82
14
29.29
Return on assets%
32.19
31.88
30.94
30.03
28.87
27.66
27.90
25.37
23.36
24.42
18.77
25.37
28.38
22
0.81
EPS¥
4.49
4.53
5.33
5.82
6.01
7.16
8.39
8.64
8.34
8.28
0.85
6.61%
6.47%
—
11.11
EPS growth%
11.80
12.13
10.92
9.73
6.97
5.07
3.53
0.71
0.40
2.00
12.76
2.00
6.02
6
3.44
Bookvalue per sh¥
1.15
1.12
1.15
1.28
1.35
1.41
1.52
1.61
1.47
1.29
1.55
(0.76%)
2.10%
—
0.91
FCF per share¥
3.28
3.15
3.44
3.42
3.61
3.26
3.52
3.15
3.06
3.43
4.04
(1.01%)
(0.58%)
—
1.49
Dividend per sh¥
4.17
3.95
4.21
4.80
4.67
4.67
5.08
4.92
5.17
5.29
1.45
2.50%
3.64%
—
10.51
Div yield (avg)%
23.50
24.50
23.84
21.80
20.37
20.15
18.96
18.12
19.02
20.39
10.07
19.02
20.38
78
10.95
Payout ratio%
27.96
26.00
27.99
25.20
24.01
23.07
23.28
24.42
26.71
26.77
22.99
24.42
25.60
44
214.4
Shares (diluted)M
267.1
282.4
334.0
379.3
403.2
442.0
504.0
558.0
560.6
589.0
214.3
7.87%
8.92%
59
16.32
Buyback yield%
21.95
21.59
23.62
26.15
25.64
24.97
22.54
22.79
21.90
21.07
20.05
22.54
22.66
25
0.129
D/E ratiox
0.318
0.289
0.267
0.284
0.277
0.249
0.276
0.305
0.334
0.357
0.568
0.305
0.286
28
1.821
Enterprise value¥B
0.106
0.091
0.097
0.083
0.087
0.086
0.077
0.071
0.076
0.080
2.528
(1.64%)
(3.81%)
19
2.227
LT debt¥B
3.188
3.468
3.743
4.405
4.532
4.681
4.946
5.344
6.156
6.573
2.692
7.72%
8.59%
75
Revenue
¥3.191B
7.08%
1.00×
Cost of revenue
¥2.065B
7.04%
1.00×
Operating expenses
¥630.9M
6.91%
0.98×
Property and equipment
16.94%
Spread over hurdle
(7.43%)