640.7
Revenue¥M
538.6
571.2
619.4
656.7
712.5
783.3
822.6
881.6
927.2
983.7
677.1
6.66%
7.04%
88
7.66
Revenue growth%
24.55
24.48
23.49
23.38
20.58
17.69
15.26
18.08
16.88
19.68
15.95
17.69
20.13
16
29.48
Gross margin%
1.42
0.40
0.97
0.95
2.40
1.67
1.46
0.40
0.57
0.40
24.68
0.57
0.96
93
28.12
Operating margin%
7.69
8.31
8.37
10.79
10.53
10.07
11.86
9.76
12.01
9.05
12.97
10.07
9.92
43
28.66
Net margin%
7.69
6.14
5.28
8.26
8.75
7.08
4.28
5.50
2.51
4.20
22.80
4.28
5.82
92
11.21
P/E ratio (avg)x
27.61
27.85
25.07
22.34
23.20
21.56
23.01
22.76
23.52
23.64
7.478
23.01
23.36
35
32.81
EV/EBITx
8.017
8.615
8.876
8.844
9.534
9.430
10.41
10.45
11.28
12.28
34.55
10.45
9.482
38
26.18
FCF yield (avg)%
22.06
20.95
18.03
16.53
18.98
16.57
16.63
17.58
19.11
18.65
27.69
17.58
18.34
35
19.20
FCF margin%
1.37
2.74
4.81
2.11
2.80
3.97
2.53
4.84
3.35
4.69
28.36
3.97
3.08
14
0.494
FCF / Net incomex
1.316
1.200
1.082
1.128
1.155
1.056
0.973
0.963
0.986
0.969
0.287
0.973
1.069
63
11.79
ROIC%
15.25
13.50
12.42
12.44
13.80
16.08
15.10
13.58
13.36
10.54
8.04
13.58
13.54
34
13.22
Return on equity%
5.64
2.88
1.78
0.40
0.40
0.40
0.40
0.40
3.00
5.05
19.61
0.40
1.09
87
9.32
Return on assets%
24.92
23.89
24.16
23.60
22.46
25.11
23.66
22.55
20.68
18.46
23.66
22.55
23.63
66
1.79
EPS¥
2.65
2.71
2.66
2.95
3.33
3.62
4.28
4.69
4.97
5.05
1.86
8.68%
6.74%
—
5.21
EPS growth%
30.98
29.40
31.01
32.01
34.25
32.43
33.66
35.66
38.39
39.54
23.51
35.66
33.04
66
1.30
Bookvalue per sh¥
2.44
2.33
2.47
2.60
2.74
2.81
3.14
3.25
3.44
4.02
1.11
7.95%
6.19%
—
0.88
FCF per share¥
0.61
0.60
0.50
0.48
0.46
0.45
0.40
0.35
0.32
0.27
1.32
(10.31%)
(9.45%)
—
2.45
Dividend per sh¥
2.21
2.04
2.32
2.61
2.90
2.85
2.85
3.20
3.43
3.14
1.05
1.65%
3.68%
—
9.21
Div yield (avg)%
28.40
29.00
28.06
26.76
28.33
27.46
28.41
30.90
33.66
33.41
24.27
30.90
28.41
45
13.87
Payout ratio%
2.16
3.66
4.06
1.26
4.20
3.49
2.96
2.20
3.83
3.08
18.47
3.08
3.28
19
175.4
Shares (diluted)M
272.9
281.0
290.6
295.3
303.3
322.7
353.7
357.0
393.7
476.5
180.3
9.45%
6.75%
67
15.15
Buyback yield%
9.26
7.58
10.56
8.04
7.30
9.57
8.42
5.84
6.93
5.32
4.45
6.93
7.81
14
1.069
D/E ratiox
1.054
1.228
1.209
1.152
1.091
1.291
1.295
1.492
1.542
1.734
0.851
1.492
1.259
83
410.8
Enterprise value¥M
545.7
603.3
621.7
664.2
783.3
854.7
849.2
851.9
906.0
866.9
90.31
2.05%
6.18%
17
769.7
LT debt¥M
440.0
409.6
456.6
425.0
461.9
436.3
439.9
434.4
423.1
445.7
260.1
(0.71%)
(0.36%)
20
Revenue
¥983.7M
7.04%
1.00×
Cost of revenue
¥688.6M
7.04%
1.00×
Operating expenses
¥216.4M
6.96%
0.99×
Goodwill & intangibles
20.32%
Property and equipment
17.85%
Cash and investments
17.19%
Spread over hurdle
(4.29%)