1.674
Revenue¥B
1.603
1.646
1.725
1.760
1.779
1.857
1.917
1.960
2.050
2.145
1.748
3.81%
3.26%
22
27.71
Revenue growth%
18.52
20.32
23.14
20.23
19.72
18.57
17.46
20.18
18.82
20.77
22.61
18.82
19.95
64
29.92
Gross margin%
12.60
13.68
11.12
11.52
11.07
11.97
9.08
7.18
9.55
8.07
7.96
9.08
11.09
31
8.39
Operating margin%
0.40
2.52
5.08
6.78
5.03
5.18
6.07
3.28
0.40
0.40
10.56
3.28
4.15
95
11.73
Net margin%
16.66
15.28
13.48
11.67
9.36
10.30
11.46
9.51
11.97
9.99
14.41
10.30
11.57
70
37.01
P/E ratio (avg)x
26.49
25.79
25.15
23.98
23.32
24.12
23.79
22.98
24.09
24.08
31.38
24.08
24.09
44
7.709
EV/EBITx
11.53
12.70
11.55
12.83
11.94
10.71
10.39
10.53
11.32
10.68
15.92
10.68
11.42
45
4.99
FCF yield (avg)%
25.10
22.84
21.67
23.61
24.20
25.02
26.64
24.43
26.39
27.32
18.35
26.39
24.73
73
11.65
FCF margin%
15.77
15.42
14.41
13.25
14.35
14.47
13.11
10.99
13.89
12.23
27.23
13.11
14.12
14
1.734
FCF / Net incomex
0.307
0.297
0.330
0.353
0.349
0.402
0.432
0.464
0.474
0.454
0.471
0.454
0.378
8
23.94
ROIC%
26.79
25.40
27.93
24.98
23.43
26.01
24.91
23.54
26.07
26.51
17.52
26.01
25.71
70
22.50
Return on equity%
3.87
4.13
1.98
1.45
3.99
1.84
0.40
1.60
1.41
0.40
2.23
1.41
1.72
81
18.87
Return on assets%
20.55
21.76
20.75
21.97
22.02
19.61
20.43
17.91
15.91
14.18
14.79
17.91
20.49
83
1.38
EPS¥
1.13
1.34
1.35
1.60
1.71
1.74
2.07
2.14
2.51
2.66
1.52
9.24%
10.51%
—
10.46
EPS growth%
29.27
30.13
30.86
29.64
27.02
29.62
30.41
31.38
32.99
33.35
7.15
31.38
30.27
94
1.36
Bookvalue per sh¥
0.73
0.68
0.74
0.69
0.77
0.78
0.72
0.70
0.79
0.76
0.52
(0.35%)
0.82%
—
1.59
FCF per share¥
1.69
1.74
1.75
2.00
2.20
2.21
2.53
2.75
3.22
3.58
1.38
10.23%
9.33%
—
0.43
Dividend per sh¥
0.76
0.81
0.83
0.90
0.97
0.90
0.98
0.86
0.89
0.87
1.52
(2.02%)
0.56%
—
19.33
Div yield (avg)%
3.07
1.02
0.40
0.40
0.40
0.59
0.40
0.40
0.40
0.40
9.82
0.40
0.40
64
17.60
Payout ratio%
22.48
24.71
21.84
21.09
19.89
20.57
17.98
16.38
18.78
18.67
9.57
18.67
20.23
54
279.8
Shares (diluted)M
282.5
318.0
319.9
340.2
386.8
446.0
468.8
544.8
525.6
498.4
287.7
5.20%
5.65%
46
24.93
Buyback yield%
27.24
26.30
28.32
27.20
27.91
29.83
27.77
28.93
28.58
29.01
20.02
28.93
28.12
36
0.315
D/E ratiox
1.148
1.194
1.147
1.263
1.145
1.095
0.947
1.038
0.979
1.068
0.209
1.038
1.120
82
0.192
Enterprise value¥B
0.521
0.477
0.515
0.488
0.511
0.462
0.452
0.412
0.420
0.443
1.124
(2.82%)
(2.38%)
79
0.536
LT debt¥B
0.344
0.395
0.452
0.429
0.460
0.506
0.532
0.547
0.547
0.574
1.397
4.53%
5.81%
13
Revenue
¥2.145B
3.26%
1.00×
Cost of revenue
¥1.500B
3.25%
1.00×
Operating expenses
¥424.5M
2.68%
0.95×
Property and equipment
17.88%
Goodwill & intangibles
17.63%
Spread over hurdle
(3.29%)