1.285
Revenue¥B
1.660
1.748
1.869
1.941
2.014
2.084
2.154
2.255
2.382
2.476
1.378
4.21%
4.88%
75
15.22
Revenue growth%
20.09
18.96
20.51
18.74
17.64
16.28
18.79
18.82
19.24
21.25
27.58
18.82
18.89
81
28.23
Gross margin%
8.09
9.31
8.41
6.96
4.58
6.23
7.77
8.04
7.41
7.61
24.13
7.61
7.69
95
12.37
Operating margin%
35.53
32.70
34.53
32.06
29.58
32.13
34.39
36.63
37.02
37.29
23.76
36.63
34.46
6
7.09
Net margin%
14.27
14.40
14.92
12.30
9.82
7.73
7.60
7.51
4.80
5.32
25.50
7.51
8.78
9
18.00
P/E ratio (avg)x
49.92
52.02
52.34
46.00
48.31
51.24
45.31
40.62
40.72
42.12
34.71
42.12
47.15
10
21.57
EV/EBITx
37.21
38.75
39.29
42.26
49.55
57.15
57.12
60.79
59.18
61.33
28.49
59.18
53.34
28
7.60
FCF yield (avg)%
9.47
10.35
10.19
8.74
9.97
7.20
9.73
6.93
9.25
11.47
8.05
9.25
9.60
13
10.76
FCF margin%
13.26
13.36
16.10
14.85
15.14
17.81
17.86
18.69
16.21
18.08
26.26
17.86
16.15
68
0.581
FCF / Net incomex
0.574
0.613
0.626
0.666
0.743
0.716
0.739
0.682
0.622
0.623
1.557
0.682
0.646
80
8.24
ROIC%
21.93
22.08
23.26
22.65
22.53
20.32
22.48
20.60
19.06
17.56
4.18
20.32
22.00
6
3.97
Return on equity%
17.62
16.82
15.36
17.47
19.18
19.05
19.38
17.87
20.67
21.07
10.29
19.38
18.46
33
8.05
Return on assets%
14.24
11.25
9.89
9.05
11.38
12.32
9.41
10.17
8.08
8.65
19.62
9.41
10.03
79
6.24
EPS¥
6.04
6.21
7.02
8.48
9.21
10.56
11.52
12.32
14.94
17.47
6.47
13.66%
11.76%
—
9.12
EPS growth%
37.16
35.53
35.72
32.81
30.89
32.64
31.15
33.54
32.06
32.29
26.47
32.29
32.72
28
2.55
Bookvalue per sh¥
2.18
2.32
2.17
2.21
2.41
2.77
2.93
3.20
3.48
3.41
6.24
7.16%
3.94%
—
6.43
FCF per share¥
9.08
8.55
8.39
9.52
11.21
10.80
12.38
14.36
16.08
17.12
7.33
8.83%
7.29%
—
2.58
Dividend per sh¥
1.23
1.17
1.11
1.10
1.15
1.20
1.26
1.15
1.24
1.26
6.59
1.82%
0.51%
—
18.24
Div yield (avg)%
13.93
13.60
14.95
16.99
14.18
15.72
16.58
16.46
17.58
18.03
22.90
16.58
16.09
90
6.98
Payout ratio%
17.72
20.37
21.74
24.39
23.20
24.21
22.66
19.77
22.32
21.19
4.47
22.32
22.03
27
318.1
Shares (diluted)M
286.9
254.3
264.1
283.4
297.7
293.0
261.3
231.9
225.4
200.6
312.4
(7.59%)
(4.13%)
69
14.96
Buyback yield%
20.82
20.82
21.50
19.10
19.49
20.72
22.60
24.78
27.07
26.84
18.62
24.78
21.16
6
0.243
D/E ratiox
0.655
0.673
0.703
0.690
0.769
0.864
0.920
0.871
0.920
0.898
0.119
0.898
0.816
85
2.033
Enterprise value¥B
1.280
1.182
1.308
1.428
1.615
1.585
1.740
2.007
1.897
2.137
0.949
5.77%
6.47%
79
3.225
LT debt¥B
1.435
1.456
1.413
1.345
1.278
1.201
1.320
1.399
1.368
1.374
3.333
1.45%
(0.47%)
74
Revenue
¥2.476B
4.88%
1.00×
Cost of revenue
¥1.533B
5.23%
1.03×
Operating expenses
¥540.4M
4.67%
0.98×
Property and equipment
20.02%
Spread over hurdle
(3.02%)