2.955
Revenue¥B
2.616
2.802
3.010
3.183
3.342
3.498
3.734
3.951
4.150
4.272
3.160
5.03%
5.37%
66
28.82
Revenue growth%
12.47
10.46
10.56
8.88
11.03
12.66
15.40
15.37
15.81
18.51
10.27
15.40
12.56
54
23.95
Gross margin%
7.21
7.45
6.75
4.66
7.36
4.91
4.19
1.55
0.41
0.40
13.16
1.55
4.79
51
23.73
Operating margin%
14.62
15.49
17.40
18.69
21.06
21.08
18.44
17.29
15.11
12.52
26.34
17.29
17.34
73
26.95
Net margin%
20.86
20.62
20.41
22.28
20.54
18.98
19.60
19.63
21.80
21.59
6.44
19.63
20.58
88
15.55
P/E ratio (avg)x
33.98
33.37
32.52
32.52
35.83
36.31
37.96
45.68
47.86
47.66
15.77
45.68
36.07
15
22.34
EV/EBITx
38.95
41.33
40.66
40.07
42.90
47.44
55.49
60.69
63.38
59.67
36.75
59.67
45.17
62
19.12
FCF yield (avg)%
15.19
18.10
19.85
20.17
18.17
17.37
20.36
17.92
20.16
21.09
14.41
20.16
19.01
13
7.30
FCF margin%
20.52
18.37
19.55
21.76
21.72
21.83
22.79
25.10
27.25
29.67
11.60
25.10
21.80
44
0.125
FCF / Net incomex
0.829
0.813
0.904
1.048
1.125
1.332
1.508
1.788
1.813
2.048
1.155
1.788
1.229
92
19.22
ROIC%
22.49
23.67
25.51
28.03
26.23
26.10
23.99
26.73
28.06
30.34
17.73
26.73
26.16
92
25.61
Return on equity%
8.94
10.94
9.67
11.85
10.34
8.77
8.73
7.97
7.10
6.58
26.82
7.97
8.86
6
28.84
Return on assets%
12.42
15.34
17.90
16.97
16.79
19.41
21.78
23.86
25.57
27.69
25.51
23.86
18.66
44
2.75
EPS¥
1.83
2.08
2.13
2.28
2.49
2.66
2.92
2.97
3.40
3.26
3.07
5.57%
6.34%
—
16.47
EPS growth%
16.14
17.86
19.49
18.93
20.12
22.95
23.27
23.76
26.76
25.40
23.46
23.76
21.54
74
1.14
Bookvalue per sh¥
2.47
2.62
2.71
2.80
2.73
2.76
2.85
2.80
2.93
2.96
1.46
1.68%
3.16%
—
3.45
FCF per share¥
2.09
2.10
2.08
2.17
2.28
2.64
2.98
2.80
2.90
2.99
1.84
5.58%
5.13%
—
3.61
Dividend per sh¥
4.22
4.51
4.55
5.33
5.25
5.91
6.47
6.39
6.87
8.04
1.29
8.89%
7.87%
—
15.01
Div yield (avg)%
18.76
20.65
22.37
22.90
20.78
22.62
25.50
24.16
22.92
23.48
24.63
23.48
22.76
60
29.54
Payout ratio%
30.58
32.64
33.86
35.59
35.35
34.87
37.66
40.21
40.92
42.96
15.15
40.21
35.47
86
307.3
Shares (diluted)M
441.0
479.9
540.6
489.6
456.5
513.8
562.0
629.3
655.7
726.4
316.1
9.73%
6.23%
32
18.81
Buyback yield%
17.83
19.37
18.99
17.60
14.93
14.08
15.76
13.70
14.87
12.65
16.38
14.08
15.35
14
1.070
D/E ratiox
1.413
1.329
1.310
1.259
1.295
1.301
1.194
1.232
1.277
1.125
0.699
1.232
1.286
24
0.605
Enterprise value¥B
2.430
2.361
2.052
2.057
1.867
1.974
1.750
1.917
2.068
1.918
0.578
0.55%
(2.43%)
72
4.045
LT debt¥B
5.694
6.575
6.866
7.041
7.902
8.822
10.32
11.66
14.07
15.35
4.305
14.20%
10.86%
91
Revenue
¥4.272B
5.37%
1.00×
Cost of revenue
¥2.990B
5.37%
1.00×
Operating expenses
¥950.1M
5.33%
1.00×
Property and equipment
16.79%
Spread over hurdle
(6.23%)