388.0
Revenue¥M
408.8
434.3
460.9
511.3
563.7
606.1
655.8
725.2
783.2
857.5
416.5
8.75%
8.74%
87
23.05
Revenue growth%
13.96
11.34
9.48
9.42
11.55
9.47
7.64
6.92
4.49
2.53
23.80
6.92
9.45
12
8.42
Gross margin%
1.30
2.32
4.44
3.41
1.53
0.40
2.95
4.36
2.33
2.33
12.94
2.33
2.33
66
22.17
Operating margin%
25.17
22.59
23.12
23.69
26.14
27.28
25.74
26.17
29.15
31.61
5.91
27.28
25.94
83
14.09
Net margin%
26.59
23.94
24.49
22.73
19.95
22.81
21.13
20.82
22.09
19.94
14.27
21.13
22.41
37
35.20
P/E ratio (avg)x
40.07
40.71
40.76
39.36
42.75
45.25
50.71
55.60
54.31
59.66
11.08
54.31
44.00
89
12.15
EV/EBITx
21.08
23.27
21.30
19.83
20.42
20.13
19.16
18.57
20.35
19.10
28.74
19.16
20.24
52
18.68
FCF yield (avg)%
9.43
9.07
7.05
4.14
2.18
0.40
1.40
0.40
1.91
4.70
14.57
1.40
3.16
54
16.03
FCF margin%
2.59
3.74
5.70
3.59
1.92
0.40
0.40
1.16
3.89
2.97
22.21
1.16
2.78
94
1.565
FCF / Net incomex
0.870
0.938
0.982
0.839
0.727
0.729
0.746
0.675
0.679
0.634
0.623
0.679
0.737
5
25.42
ROIC%
10.55
12.79
10.98
8.74
9.19
11.67
11.64
10.06
11.45
10.72
3.06
11.45
10.85
36
29.03
Return on equity%
14.92
17.58
20.43
22.81
21.20
20.92
20.89
20.37
21.22
20.73
19.81
20.89
20.81
21
2.52
Return on assets%
27.99
29.14
31.83
33.56
34.78
35.65
38.39
39.36
40.10
42.48
2.23
39.36
35.21
66
3.77
EPS¥
2.61
2.43
2.32
2.34
2.40
2.60
2.60
2.76
2.76
2.89
3.99
3.75%
1.76%
—
2.91
EPS growth%
5.24
7.05
9.35
6.82
6.32
8.48
8.26
7.37
8.74
9.61
27.32
8.48
7.81
61
4.01
Bookvalue per sh¥
4.77
4.42
4.66
4.38
4.73
5.17
5.62
6.37
5.94
6.26
4.92
5.75%
2.51%
—
1.26
FCF per share¥
2.35
2.21
2.36
2.36
2.40
2.13
2.34
2.21
2.34
2.12
5.34
(2.43%)
(1.13%)
—
1.69
Dividend per sh¥
1.56
1.44
1.31
1.36
1.31
1.42
1.55
1.42
1.61
1.66
1.71
4.86%
(0.09%)
—
23.10
Div yield (avg)%
10.37
8.20
8.41
11.01
12.54
15.15
17.29
15.69
14.45
16.29
12.96
15.69
13.50
65
17.92
Payout ratio%
12.55
10.67
9.86
11.44
10.60
13.33
15.23
17.23
18.97
18.07
14.17
17.23
12.94
89
157.0
Shares (diluted)M
142.8
121.2
110.5
99.02
93.28
100.4
98.23
83.04
88.58
88.20
155.7
(1.11%)
(4.02%)
54
3.49
Buyback yield%
21.68
23.06
22.51
22.82
22.23
21.52
18.98
19.93
21.70
24.48
16.34
21.52
21.97
12
1.061
D/E ratiox
1.554
1.739
2.026
2.076
2.304
2.273
2.478
2.506
2.904
3.255
1.391
2.506
2.288
71
509.6
Enterprise value¥M
222.0
222.9
217.7
232.8
217.8
235.4
211.3
192.9
197.5
189.8
258.1
(2.71%)
(0.91%)
21
0.448
LT debt¥B
0.735
0.837
0.992
1.101
1.144
1.179
1.410
1.426
1.443
1.547
0.607
6.21%
9.01%
28
Revenue
¥857.5M
8.74%
1.00×
Cost of revenue
¥600.2M
8.74%
1.00×
Operating expenses
¥113.6M
8.48%
0.98×
Property and equipment
18.88%
Goodwill & intangibles
17.36%
Spread over hurdle
(6.27%)