2.336
Revenue¥B
2.278
2.330
2.361
2.407
2.445
2.536
2.660
2.789
2.876
3.005
2.477
4.21%
2.91%
26
13.73
Revenue growth%
28.33
25.38
27.69
29.56
26.79
24.65
24.14
25.62
23.85
23.01
14.07
24.14
25.50
35
12.12
Gross margin%
19.03
20.48
21.63
21.01
21.54
22.38
20.06
21.92
24.60
27.08
22.92
22.38
21.58
24
28.28
Operating margin%
8.28
6.85
5.31
5.90
6.76
8.22
7.04
9.09
8.04
9.15
18.75
8.22
7.54
91
11.91
Net margin%
9.61
6.75
6.81
7.88
8.35
8.46
7.91
9.06
8.21
7.00
28.80
8.21
8.06
31
28.94
P/E ratio (avg)x
17.10
18.95
20.13
23.71
23.74
24.59
28.29
30.29
32.18
33.34
24.86
30.29
24.17
49
16.65
EV/EBITx
8.078
8.723
8.435
9.135
9.562
8.999
8.376
9.289
10.01
9.127
6.204
9.127
9.063
75
12.85
FCF yield (avg)%
9.23
10.73
8.90
9.60
11.36
9.86
8.90
6.97
6.30
4.24
19.51
6.97
9.07
54
7.01
FCF margin%
12.55
9.64
9.23
6.42
3.46
1.88
4.46
4.42
3.32
0.55
27.88
3.32
4.44
80
0.587
FCF / Net incomex
0.258
0.256
0.258
0.279
0.286
0.278
0.244
0.221
0.235
0.257
0.371
0.244
0.258
43
26.54
ROIC%
12.45
11.89
9.52
6.88
3.96
2.49
0.40
2.65
0.40
1.27
27.24
1.27
3.30
35
12.70
Return on equity%
16.39
18.47
18.89
21.47
21.31
22.02
20.82
22.33
23.73
22.97
14.44
22.33
21.39
94
19.33
Return on assets%
28.59
28.55
28.86
26.23
23.23
22.78
25.36
26.11
24.93
27.36
13.64
25.36
26.17
72
1.07
EPS¥
4.62
4.52
4.97
5.48
6.00
7.12
7.29
7.74
8.44
8.95
1.17
8.34%
7.26%
—
18.38
EPS growth%
26.83
28.12
28.75
27.94
29.93
31.53
30.87
33.82
32.93
34.79
15.50
32.93
30.40
36
3.35
Bookvalue per sh¥
3.90
4.31
4.56
5.00
5.31
6.09
6.69
7.58
8.00
8.80
1.11
10.65%
8.70%
—
1.47
FCF per share¥
1.91
1.73
1.73
1.95
1.89
1.91
1.90
2.06
2.21
2.32
1.55
4.17%
2.73%
—
2.78
Dividend per sh¥
1.87
2.12
2.02
2.21
2.14
1.97
2.18
2.42
2.51
2.68
1.87
4.57%
3.15%
—
7.87
Div yield (avg)%
15.28
17.02
16.38
18.84
19.20
21.17
23.76
24.56
27.21
25.59
21.18
24.56
20.19
66
7.42
Payout ratio%
5.64
4.04
6.83
6.60
8.15
8.68
7.72
8.83
8.54
5.85
22.87
8.54
7.27
69
188.5
Shares (diluted)M
162.8
174.5
170.2
180.5
193.2
209.4
226.4
233.8
219.8
232.5
182.5
3.77%
3.73%
18
21.26
Buyback yield%
21.36
21.49
21.18
20.45
20.02
21.36
19.80
21.35
23.28
22.12
18.00
21.36
21.36
34
1.008
D/E ratiox
1.589
1.759
1.887
2.067
2.087
2.435
2.731
2.870
2.850
3.274
1.781
2.850
2.261
52
1.861
Enterprise value¥B
1.745
1.600
1.631
1.832
1.866
1.956
1.814
1.757
1.598
1.736
0.734
(1.43%)
0.99%
66
2.282
LT debt¥B
1.070
0.947
0.874
0.793
0.782
0.722
0.754
0.732
0.697
0.708
1.151
(1.97%)
(3.55%)
87
Revenue
¥3.005B
2.91%
1.00×
Cost of revenue
¥2.080B
2.80%
0.99×
Operating expenses
¥366.7M
3.60%
1.07×
Goodwill & intangibles
16.81%
Spread over hurdle
(1.82%)