555.7
Revenue¥M
246.0
253.5
272.1
292.8
308.2
331.8
349.1
359.6
380.4
407.5
612.8
5.74%
5.80%
23
4.27
Revenue growth%
26.92
25.49
24.48
23.57
26.32
25.77
26.23
27.24
25.74
24.68
23.52
25.77
25.75
88
28.04
Gross margin%
32.10
29.35
27.57
30.50
30.20
31.92
33.23
31.64
30.65
31.95
24.24
31.92
31.15
38
12.59
Operating margin%
29.87
32.44
30.03
27.81
27.41
25.28
25.11
26.72
25.23
27.06
11.69
25.28
27.24
16
25.97
Net margin%
17.49
14.77
17.44
19.78
21.80
24.39
25.09
26.78
24.83
25.26
9.69
25.09
23.09
17
14.01
P/E ratio (avg)x
19.97
19.39
20.96
23.05
22.87
24.23
28.41
32.11
30.45
28.84
21.32
28.84
23.64
73
23.77
EV/EBITx
26.43
27.60
25.06
23.72
23.69
25.22
23.03
21.57
20.77
21.88
7.162
21.88
23.70
34
16.34
FCF yield (avg)%
24.43
27.03
29.54
30.46
28.19
29.32
28.55
29.09
30.83
32.17
25.62
29.32
29.21
67
27.03
FCF margin%
24.49
23.30
20.81
18.25
21.17
22.15
19.45
22.37
22.21
19.91
19.89
22.15
21.66
36
0.776
FCF / Net incomex
0.505
0.525
0.591
0.570
0.582
0.555
0.540
0.604
0.584
0.572
1.503
0.572
0.571
57
5.49
ROIC%
3.07
0.40
0.40
0.40
0.40
0.40
3.19
4.30
6.80
4.63
24.52
4.30
1.74
32
14.84
Return on equity%
17.81
15.71
18.52
17.56
19.94
20.97
19.23
21.80
20.74
21.93
16.41
20.97
19.59
71
20.39
Return on assets%
10.32
9.69
7.73
5.20
5.83
4.00
3.36
5.31
7.80
9.66
2.41
5.31
6.78
83
2.27
EPS¥
1.52
1.52
1.68
1.86
1.89
2.11
2.26
2.67
2.95
3.48
2.49
12.95%
10.28%
—
22.56
EPS growth%
18.09
16.94
15.48
15.10
15.79
17.21
17.27
15.84
16.80
17.85
28.28
17.21
16.87
26
3.19
Bookvalue per sh¥
4.22
4.61
5.31
6.38
6.71
6.55
7.92
9.14
9.92
10.89
1.45
10.16%
11.43%
—
2.27
FCF per share¥
0.82
0.84
0.88
0.80
0.81
0.85
0.85
0.93
0.92
0.83
0.93
0.54%
0.11%
—
2.94
Dividend per sh¥
4.05
4.20
3.96
3.82
3.82
3.45
3.44
3.58
3.54
3.65
0.61
(0.91%)
(0.36%)
—
8.64
Div yield (avg)%
23.30
21.54
21.49
18.92
18.43
17.60
17.40
15.25
15.10
17.85
26.53
17.40
18.14
16
23.44
Payout ratio%
24.67
23.55
21.99
19.65
22.47
20.27
18.75
21.37
19.81
17.48
9.04
19.81
20.82
19
210.1
Shares (diluted)M
291.0
277.9
284.5
311.5
302.5
348.4
385.5
382.4
434.3
457.1
199.2
8.60%
6.28%
94
18.41
Buyback yield%
8.65
6.52
7.99
8.69
9.92
10.54
9.74
9.46
11.59
9.27
10.64
9.74
9.36
70
0.865
D/E ratiox
0.287
0.316
0.304
0.328
0.330
0.308
0.286
0.274
0.274
0.256
1.642
0.274
0.295
60
553.9
Enterprise value¥M
286.1
277.0
311.8
322.6
314.7
364.5
413.6
487.9
504.1
527.8
126.5
10.89%
6.58%
63
132.6
LT debt¥M
120.1
113.4
113.4
125.0
111.6
111.3
114.7
118.5
131.3
119.8
38.30
1.42%
0.92%
83
Revenue
¥407.5M
5.80%
1.00×
Cost of revenue
¥177.8M
5.85%
1.00×
Operating expenses
¥95.75M
5.21%
0.95×
Property and equipment
16.89%
Spread over hurdle
13.55%