0.370
Revenue¥B
1.586
1.715
1.826
2.019
2.146
2.371
2.545
2.753
3.035
3.346
0.410
9.29%
8.46%
77
4.52
Revenue growth%
16.04
13.05
14.20
12.39
13.09
14.97
14.35
11.91
14.38
14.10
29.08
14.35
14.15
11
6.48
Gross margin%
12.24
14.75
15.56
17.10
19.47
18.45
17.40
18.47
16.90
17.16
22.77
17.40
17.13
46
3.29
Operating margin%
12.38
14.18
13.36
10.99
13.23
14.72
12.43
15.31
15.08
15.09
18.33
15.08
13.77
24
26.98
Net margin%
23.98
25.83
26.27
24.31
25.14
26.87
25.29
23.65
25.23
27.50
16.49
25.29
25.26
95
7.678
P/E ratio (avg)x
39.59
41.78
44.93
50.77
54.70
57.77
54.81
60.10
68.12
75.36
25.40
60.10
54.76
74
19.82
EV/EBITx
47.32
47.76
50.00
47.10
52.19
52.91
49.55
48.40
51.11
53.72
35.87
51.11
49.78
9
15.30
FCF yield (avg)%
14.66
14.76
16.36
15.05
12.73
14.30
17.06
15.30
17.98
16.22
27.41
16.22
15.17
14
13.82
FCF margin%
20.77
22.37
22.95
24.01
25.86
23.20
25.69
23.69
22.27
24.06
22.24
23.69
23.44
93
1.389
FCF / Net incomex
0.431
0.468
0.493
0.556
0.542
0.538
0.579
0.561
0.650
0.711
1.792
0.579
0.549
76
28.03
ROIC%
8.22
10.12
12.63
12.32
11.71
14.42
11.74
12.19
12.03
11.48
20.72
12.03
11.88
24
7.71
Return on equity%
6.66
9.38
7.95
10.55
10.81
8.02
5.62
3.98
4.87
3.91
19.98
4.87
7.30
10
15.74
Return on assets%
15.72
18.34
17.18
18.26
18.32
15.34
17.95
19.70
18.16
18.83
20.68
18.16
18.21
79
2.27
EPS¥
3.68
3.63
3.72
4.14
4.05
4.43
5.21
5.08
6.04
7.00
2.49
11.55%
6.71%
—
13.02
EPS growth%
17.67
17.89
18.39
21.03
23.09
24.08
25.59
25.73
25.21
23.62
12.88
25.21
23.36
10
2.00
Bookvalue per sh¥
1.30
1.42
1.52
1.60
1.78
1.92
1.85
2.11
2.05
2.36
2.91
5.75%
6.01%
—
2.00
FCF per share¥
2.75
2.94
3.16
3.37
3.27
3.11
3.22
2.83
2.99
3.01
0.84
(1.66%)
1.72%
—
0.87
Dividend per sh¥
2.74
3.04
3.05
3.37
3.88
4.42
4.36
4.33
4.71
4.81
0.53
4.42%
5.20%
—
15.37
Div yield (avg)%
0.40
3.30
5.50
3.36
0.52
0.54
3.19
1.35
0.65
0.40
24.19
0.65
1.00
90
19.17
Payout ratio%
12.04
12.68
13.51
14.51
16.77
15.45
17.62
16.54
16.11
16.14
8.04
16.14
15.78
82
0.515
Shares (diluted)B
0.596
0.699
0.729
0.717
0.809
0.841
0.980
1.063
1.070
1.040
0.497
5.14%
6.88%
41
20.71
Buyback yield%
25.13
24.81
26.80
25.20
25.88
27.12
28.29
30.29
27.49
29.99
9.57
28.29
26.96
62
1.667
D/E ratiox
0.419
0.421
0.395
0.431
0.433
0.384
0.394
0.364
0.327
0.347
0.126
0.364
0.395
91
1.182
Enterprise value¥B
3.425
3.896
4.699
4.626
5.149
5.399
6.533
6.905
6.886
7.309
1.448
7.26%
9.48%
81
2.626
LT debt¥B
3.428
3.842
4.501
4.886
5.885
6.287
6.683
8.057
9.046
9.347
0.319
9.70%
11.40%
45
Revenue
¥3.346B
8.46%
1.00×
Cost of revenue
¥2.342B
8.46%
1.00×
Operating expenses
¥607.8M
8.91%
1.04×
Goodwill & intangibles
18.12%
Cash and investments
17.69%
Spread over hurdle
(5.46%)