1.914
Revenue¥B
1.827
1.902
1.983
2.034
2.064
2.137
2.205
2.299
2.323
2.420
2.084
3.24%
2.87%
36
26.52
Revenue growth%
11.65
10.13
9.43
10.98
12.04
13.36
13.44
15.30
17.37
18.91
13.45
15.30
12.70
25
8.22
Gross margin%
16.15
15.12
16.05
14.09
16.62
18.23
18.77
16.44
17.23
14.99
19.91
17.23
16.30
69
4.05
Operating margin%
29.35
29.45
28.31
29.40
26.87
27.32
26.48
27.74
25.25
23.92
20.57
26.48
27.53
54
26.32
Net margin%
0.40
2.09
2.91
3.85
3.17
1.79
1.46
0.40
1.93
3.21
8.61
1.79
2.01
35
22.13
P/E ratio (avg)x
27.85
33.64
35.22
35.17
40.10
45.03
47.25
47.08
50.24
60.84
13.21
47.25
42.56
50
13.46
EV/EBITx
36.59
38.25
39.71
46.48
47.74
56.09
53.69
54.98
64.01
70.27
21.13
56.09
50.72
42
18.86
FCF yield (avg)%
23.31
25.21
26.46
25.88
28.06
27.81
26.53
24.12
21.45
21.71
22.83
24.12
25.55
82
2.40
FCF margin%
18.14
19.85
21.64
24.08
21.14
21.96
19.46
20.69
22.32
22.19
26.03
21.96
21.39
74
1.661
FCF / Net incomex
1.680
1.603
1.455
1.616
1.564
1.572
1.535
1.683
1.675
1.845
0.752
1.675
1.609
86
9.43
ROIC%
30.68
28.69
29.87
32.60
32.90
31.10
33.69
30.76
31.91
29.78
9.29
31.10
30.93
77
14.52
Return on equity%
26.60
26.02
23.86
22.99
21.04
20.56
17.75
15.19
15.30
13.91
14.43
15.30
20.80
45
26.17
Return on assets%
18.34
20.26
19.63
20.09
22.46
19.75
17.14
14.93
16.26
18.17
8.43
17.14
18.98
7
13.26
EPS¥
2.23
2.54
2.75
2.63
2.60
2.39
2.55
2.79
2.62
2.63
14.12
0.29%
2.22%
—
11.08
EPS growth%
17.68
17.58
17.39
18.64
16.69
19.37
21.37
19.88
20.80
23.05
18.10
20.80
19.01
37
3.57
Bookvalue per sh¥
13.14
12.58
11.41
11.78
13.03
13.74
15.07
15.67
16.49
18.11
12.85
6.81%
3.88%
—
4.72
FCF per share¥
17.63
18.22
20.82
20.02
22.73
26.42
25.92
24.93
26.96
25.43
13.44
2.26%
3.94%
—
3.33
Dividend per sh¥
13.82
15.00
13.82
15.19
15.10
14.48
15.64
14.35
14.07
14.55
12.00
(0.73%)
0.82%
—
4.19
Div yield (avg)%
2.04
1.84
1.89
0.40
0.40
0.40
0.40
0.40
2.76
3.78
3.81
0.40
1.12
68
12.46
Payout ratio%
25.89
24.72
22.59
21.74
20.51
22.72
25.45
27.08
25.09
27.12
23.11
25.45
24.90
67
150.4
Shares (diluted)M
157.2
148.6
160.6
172.5
181.6
181.9
192.9
198.7
179.6
180.6
155.5
(0.10%)
2.00%
85
28.53
Buyback yield%
4.87
2.47
3.78
6.15
3.39
2.02
3.01
3.94
3.05
2.59
28.49
3.01
3.22
32
0.383
D/E ratiox
0.937
0.839
0.797
0.837
0.780
0.728
0.658
0.618
0.606
0.565
1.183
0.618
0.754
47
0.167
Enterprise value¥B
0.561
0.613
0.705
0.731
0.802
0.880
0.906
0.943
0.998
0.929
1.428
2.98%
6.24%
27
0.968
LT debt¥B
2.919
2.804
2.712
2.787
2.777
2.794
3.167
3.697
3.679
4.023
1.595
7.69%
3.11%
26
Revenue
¥2.420B
2.87%
1.00×
Cost of revenue
¥1.694B
2.87%
1.00×
Operating expenses
¥421.6M
2.56%
0.97×
Property and equipment
18.20%
Cash and investments
15.81%
Spread over hurdle
(3.11%)