97.16
Revenue¥M
200.3
217.5
228.7
247.4
270.6
290.4
318.5
338.7
369.0
398.0
106.7
8.02%
7.94%
69
21.07
Revenue growth%
24.85
24.49
25.25
22.25
20.55
19.17
21.86
23.72
24.55
25.37
22.11
23.72
24.10
65
5.81
Gross margin%
15.26
12.64
12.95
11.42
10.48
10.69
8.94
11.28
10.21
9.94
21.25
10.21
10.98
10
17.62
Operating margin%
14.83
14.73
13.82
13.87
11.55
9.10
8.16
7.62
8.04
8.90
6.52
8.16
10.32
66
21.15
Net margin%
24.95
24.68
26.16
25.62
22.95
24.03
26.36
25.24
22.53
24.04
14.02
24.04
24.81
72
27.31
P/E ratio (avg)x
12.12
11.78
11.77
12.19
12.63
11.94
10.66
10.18
9.471
10.12
12.45
10.18
11.78
28
11.00
EV/EBITx
11.70
10.68
10.40
9.974
10.10
9.753
8.759
8.005
8.026
7.182
20.57
8.026
9.863
94
22.13
FCF yield (avg)%
14.96
12.24
14.09
12.01
10.47
9.81
12.67
11.96
10.04
12.13
2.89
11.96
12.07
61
23.98
FCF margin%
18.42
19.26
16.48
16.50
14.31
12.46
11.50
9.33
6.76
5.00
15.97
9.33
13.38
33
0.901
FCF / Net incomex
1.457
1.508
1.548
1.716
1.920
2.314
2.694
2.995
2.999
3.468
0.725
2.995
2.117
81
3.66
ROIC%
12.07
13.43
14.73
16.47
14.72
16.02
15.53
16.60
14.33
15.86
12.58
15.86
15.13
16
26.43
Return on equity%
10.49
10.96
10.71
13.61
14.34
12.47
9.98
8.03
5.49
2.97
27.40
8.03
10.60
44
27.36
Return on assets%
22.89
20.27
19.64
19.19
19.89
22.68
23.09
24.03
21.97
19.43
3.06
22.68
21.12
5
2.50
EPS¥
1.55
1.48
1.44
1.55
1.60
1.44
1.58
1.50
1.57
1.71
2.75
1.28%
2.01%
—
22.24
EPS growth%
18.46
19.45
21.81
20.17
20.39
23.20
23.72
22.79
20.93
21.13
7.72
22.79
21.03
60
1.30
Bookvalue per sh¥
0.28
0.27
0.25
0.25
0.27
0.26
0.24
0.24
0.23
0.22
0.68
(4.00%)
(3.76%)
—
1.53
FCF per share¥
3.12
2.90
3.01
2.53
2.59
2.69
2.30
2.38
2.34
2.44
1.38
(1.20%)
(2.34%)
—
1.39
Dividend per sh¥
2.13
2.13
2.04
2.16
2.28
2.33
2.49
2.22
1.99
2.08
1.15
(1.85%)
0.54%
—
27.18
Div yield (avg)%
10.17
7.90
8.27
10.21
11.34
12.88
12.51
15.41
15.84
15.56
27.84
15.41
11.92
54
7.42
Payout ratio%
3.37
5.57
7.40
7.27
6.83
4.05
6.94
8.54
8.35
10.20
10.43
8.35
7.11
50
173.8
Shares (diluted)M
145.6
147.5
153.0
155.0
160.4
151.1
162.5
169.7
164.6
173.1
176.0
1.54%
1.74%
41
15.73
Buyback yield%
10.03
8.81
6.52
4.32
2.59
0.40
1.74
4.66
1.94
0.40
6.70
1.74
3.46
93
0.650
D/E ratiox
1.800
2.007
1.968
2.279
2.394
2.809
3.331
3.722
4.439
4.280
0.332
3.722
2.601
64
407.9
Enterprise value¥M
106.2
106.9
118.4
123.7
118.0
124.0
129.3
120.0
132.5
145.4
394.7
4.26%
4.16%
44
411.7
LT debt¥M
419.1
384.4
351.2
381.0
393.8
431.8
444.6
431.7
455.5
478.5
276.0
3.97%
1.21%
31
Revenue
¥398.0M
7.94%
1.00×
Cost of revenue
¥278.6M
7.94%
1.00×
Operating expenses
¥81.63M
7.63%
0.97×
Cash and investments
16.71%
Spread over hurdle
(5.47%)