1.044
Revenue¥B
0.451
0.484
0.530
0.584
0.636
0.674
0.740
0.811
0.862
0.941
1.143
8.16%
8.68%
11
17.98
Revenue growth%
4.74
7.70
8.19
6.81
6.65
8.68
8.36
9.27
8.37
9.59
14.07
8.68
8.28
72
25.57
Gross margin%
14.43
16.27
15.66
14.93
15.01
13.46
13.38
10.38
9.46
9.40
13.29
10.38
13.94
7
19.17
Operating margin%
21.40
22.69
22.50
23.16
25.67
23.12
24.13
24.23
25.75
23.87
14.48
24.13
23.51
58
22.33
Net margin%
3.94
6.10
3.99
3.68
5.35
6.32
5.88
7.38
7.41
7.17
14.39
7.17
5.99
8
21.03
P/E ratio (avg)x
19.44
17.69
19.04
21.12
21.24
24.07
26.51
23.89
26.03
23.44
23.34
24.07
22.34
83
30.41
EV/EBITx
26.02
26.26
29.24
31.83
31.69
35.27
37.06
38.46
38.90
38.34
10.78
38.34
33.55
7
4.84
FCF yield (avg)%
5.09
7.30
10.17
11.25
9.19
6.97
7.23
4.81
4.17
3.65
13.00
4.81
7.10
61
17.79
FCF margin%
21.69
21.83
21.05
20.30
18.38
20.21
20.28
22.12
21.44
22.92
21.54
21.44
21.24
35
0.297
FCF / Net incomex
1.951
2.213
2.381
2.704
2.840
2.839
3.010
3.335
3.516
3.611
1.023
3.335
2.840
80
9.41
ROIC%
5.27
2.95
2.68
2.12
2.33
2.00
3.29
3.50
5.05
5.32
26.04
3.50
3.12
51
16.62
Return on equity%
7.89
8.69
10.85
9.13
7.15
9.36
12.11
9.85
10.58
9.19
13.35
9.85
9.28
44
25.00
Return on assets%
19.13
21.38
19.32
20.01
21.17
18.99
19.22
20.57
21.30
21.17
7.34
20.57
20.29
59
3.26
EPS¥
4.55
4.53
4.68
4.48
5.10
5.63
6.47
6.23
6.25
6.53
3.37
5.07%
4.93%
—
25.22
EPS growth%
4.15
3.02
1.36
0.40
1.34
0.52
1.54
3.37
0.99
3.58
28.49
1.54
1.45
78
2.59
Bookvalue per sh¥
6.62
7.62
8.64
9.91
10.17
10.51
10.64
12.57
12.93
12.87
4.71
4.82%
7.37%
—
3.71
FCF per share¥
1.73
1.86
2.10
2.14
2.41
2.41
2.57
2.49
2.74
2.78
4.50
2.90%
5.21%
—
4.54
Dividend per sh¥
0.95
0.91
0.95
0.96
0.91
0.82
0.71
0.65
0.59
0.59
3.59
(8.43%)
(4.07%)
—
10.72
Div yield (avg)%
21.81
21.61
19.98
18.89
16.26
15.36
13.01
10.16
9.28
7.05
3.17
10.16
15.81
42
16.71
Payout ratio%
19.93
19.71
17.49
17.98
17.64
19.77
21.51
24.07
26.89
23.96
27.70
23.96
19.85
90
118.6
Shares (diluted)M
159.0
175.8
183.5
167.6
172.9
163.3
175.9
182.2
203.6
205.4
119.7
3.50%
4.02%
28
26.04
Buyback yield%
17.46
14.77
16.56
14.04
13.56
13.26
12.71
12.77
13.17
12.19
5.02
12.77
13.41
60
1.006
D/E ratiox
0.599
0.662
0.598
0.643
0.647
0.582
0.580
0.595
0.541
0.478
0.367
0.580
0.597
63
0.356
Enterprise value¥B
0.963
0.937
1.078
1.022
1.136
1.292
1.474
1.609
1.515
1.632
0.427
7.50%
5.03%
87
0.758
LT debt¥B
1.863
2.181
2.557
2.739
3.015
2.967
3.276
3.286
3.525
3.627
0.574
3.77%
7.08%
58
Revenue
¥941.5M
8.68%
1.00×
Cost of revenue
¥579.2M
8.44%
0.98×
Operating expenses
¥215.6M
8.58%
0.99×
Cash and investments
19.30%
Goodwill & intangibles
15.80%
Spread over hurdle
65.47%