337.4
Revenue¥M
232.7
250.8
268.2
296.0
314.8
333.2
355.2
383.5
410.1
445.7
377.4
7.20%
7.69%
15
8.07
Revenue growth%
2.63
1.50
4.44
6.44
7.34
8.40
10.83
10.86
10.95
9.01
14.09
10.83
7.87
30
23.23
Gross margin%
8.24
8.24
6.56
3.86
3.79
6.77
8.28
9.67
7.22
8.63
25.08
8.28
7.73
68
12.80
Operating margin%
20.81
22.22
22.97
23.21
22.03
21.18
18.54
17.66
19.06
19.49
28.64
19.06
20.99
57
28.56
Net margin%
5.70
5.78
3.93
1.73
0.40
2.81
1.72
0.40
1.05
0.40
29.18
1.05
1.72
8
31.65
P/E ratio (avg)x
21.95
20.22
22.36
22.45
23.49
23.63
24.57
23.41
21.75
21.88
18.74
23.41
22.40
63
14.73
EV/EBITx
16.58
17.39
17.74
16.37
16.69
16.68
16.20
14.63
13.40
14.40
17.18
14.63
16.48
24
27.20
FCF yield (avg)%
27.43
28.38
26.16
25.27
28.01
27.79
28.82
29.73
28.90
27.72
16.81
28.82
27.90
58
19.29
FCF margin%
26.97
26.46
24.65
23.44
24.49
26.04
27.11
25.14
24.45
26.19
8.06
26.04
25.59
30
0.817
FCF / Net incomex
0.748
0.741
0.774
0.782
0.817
0.838
0.881
0.990
1.034
1.147
0.750
0.990
0.828
60
5.35
ROIC%
10.73
7.89
4.97
7.67
4.86
4.71
2.00
4.70
4.21
5.05
10.49
4.70
4.91
66
8.40
Return on equity%
7.97
7.80
9.37
8.80
7.29
5.68
5.67
7.48
5.58
4.71
16.85
5.67
7.38
91
3.56
Return on assets%
16.85
17.21
19.27
21.77
22.44
25.40
24.41
25.04
26.18
26.72
20.12
25.40
23.43
81
3.29
EPS¥
6.09
6.98
7.26
8.21
8.44
10.08
10.94
12.11
14.54
14.81
3.45
11.90%
11.30%
—
25.32
EPS growth%
15.41
15.02
15.64
16.99
16.49
15.97
18.50
20.83
18.51
19.16
22.44
18.51
16.74
64
4.47
Bookvalue per sh¥
3.24
3.45
3.55
3.46
3.04
2.78
2.44
2.43
2.42
2.57
4.89
(3.29%)
(3.29%)
—
2.87
FCF per share¥
7.24
8.09
9.74
10.82
10.83
12.95
14.64
15.13
16.43
16.15
4.21
8.32%
9.55%
—
3.81
Dividend per sh¥
1.88
1.79
1.93
1.96
1.74
1.90
1.72
1.70
1.69
1.60
3.41
(1.63%)
(2.05%)
—
4.52
Div yield (avg)%
20.32
22.36
24.34
22.02
23.33
25.68
27.06
28.34
26.98
27.42
17.18
27.06
25.01
32
23.90
Payout ratio%
10.70
12.80
15.11
13.50
15.42
17.02
18.71
20.81
23.40
26.09
18.01
20.81
16.22
37
100.3
Shares (diluted)M
174.7
202.6
228.3
228.7
229.5
248.4
251.8
296.3
343.5
404.6
100.5
12.01%
9.60%
39
15.75
Buyback yield%
4.67
4.12
6.78
9.07
7.84
8.64
11.08
8.70
11.64
8.73
2.69
8.73
8.67
39
1.381
D/E ratiox
2.039
2.322
2.390
2.620
2.702
3.188
3.535
4.042
4.089
4.081
0.686
4.042
2.945
91
378.4
Enterprise value¥M
112.7
106.1
94.96
85.86
76.81
74.57
79.81
76.28
82.07
79.31
119.2
0.64%
(4.41%)
30
255.3
LT debt¥M
440.6
428.1
416.8
448.9
482.1
485.7
466.2
453.7
446.4
410.8
247.9
(3.15%)
(0.70%)
15
Revenue
¥445.7M
7.69%
1.00×
Cost of revenue
¥279.6M
7.33%
0.97×
Operating expenses
¥89.85M
8.19%
1.05×
Cash and investments
18.22%
Goodwill & intangibles
18.04%
Property and equipment
16.82%
Spread over hurdle
(4.60%)