476.0
Revenue¥M
199.8
219.5
235.7
259.7
281.4
298.2
328.8
361.0
398.0
436.6
485.9
9.18%
9.24%
25
2.49
Revenue growth%
23.81
23.54
22.62
25.17
23.29
25.21
27.88
25.86
27.73
27.84
5.92
27.73
25.19
74
5.32
Gross margin%
7.75
7.41
8.32
9.95
12.31
14.35
13.74
16.32
13.99
14.94
7.80
14.35
13.03
46
20.80
Operating margin%
0.40
2.47
3.40
1.30
0.40
0.40
3.31
5.45
3.49
4.51
6.64
3.49
2.89
82
5.41
Net margin%
13.38
14.63
14.71
13.18
12.58
13.74
12.90
13.07
16.03
16.41
4.08
13.74
13.56
9
17.04
P/E ratio (avg)x
43.93
51.64
55.60
64.94
64.80
63.96
64.02
75.32
79.81
80.12
19.91
75.32
64.41
55
36.76
EV/EBITx
47.78
48.96
57.71
68.05
70.71
77.80
85.99
85.80
86.22
88.82
14.20
85.99
74.25
39
5.97
FCF yield (avg)%
26.23
26.61
25.18
23.90
22.30
24.24
23.79
22.84
20.04
17.37
17.44
22.84
23.84
17
15.18
FCF margin%
19.13
18.56
20.63
18.33
16.10
16.47
15.59
16.87
18.53
21.23
7.49
16.87
18.43
77
1.081
FCF / Net incomex
1.149
1.014
0.864
0.753
0.726
0.763
0.660
0.579
0.575
0.610
1.448
0.610
0.739
52
14.56
ROIC%
14.13
12.64
10.46
11.39
10.03
11.31
13.38
14.49
16.22
17.96
28.68
14.49
13.01
19
9.23
Return on equity%
20.70
18.67
17.39
16.18
14.12
11.55
14.44
17.03
15.52
18.35
29.99
15.52
16.60
37
7.84
Return on assets%
8.02
8.87
7.11
9.90
11.01
8.38
11.06
9.39
9.01
7.47
19.27
9.01
8.94
54
0.96
EPS¥
6.03
6.61
6.68
6.69
7.72
9.10
9.17
8.95
10.13
11.43
0.99
8.17%
7.24%
—
15.76
EPS growth%
5.68
3.94
3.35
2.36
0.50
0.98
3.97
6.72
9.07
12.04
6.81
6.72
3.96
25
4.08
Bookvalue per sh¥
4.28
4.41
4.91
5.67
5.46
6.20
6.72
7.21
8.05
8.57
1.49
9.41%
8.25%
—
1.70
FCF per share¥
3.49
4.01
4.36
4.93
5.29
5.20
5.90
5.94
6.42
6.02
0.80
2.62%
6.52%
—
3.72
Dividend per sh¥
2.58
2.86
3.42
3.59
4.00
4.22
4.85
5.33
5.22
6.21
3.46
9.22%
10.42%
—
10.56
Div yield (avg)%
5.27
3.86
4.29
3.98
5.85
3.71
2.71
2.28
4.30
2.47
12.27
2.71
3.92
33
11.91
Payout ratio%
7.97
9.05
10.26
8.44
7.52
9.43
12.34
11.64
8.84
9.94
15.86
9.94
9.24
87
77.66
Shares (diluted)M
55.85
58.23
55.30
57.72
60.87
65.04
62.95
67.58
62.12
62.87
75.80
0.65%
0.42%
69
3.52
Buyback yield%
26.37
27.71
30.18
31.34
30.40
31.98
30.85
30.90
27.99
25.58
23.79
30.85
30.29
86
1.501
D/E ratiox
0.867
0.927
0.878
0.897
0.899
0.830
0.798
0.766
0.681
0.620
1.557
0.766
0.848
28
426.0
Enterprise value¥M
451.5
429.5
453.0
415.3
464.9
460.2
526.8
533.7
599.2
588.5
76.13
4.83%
2.49%
79
0.333
LT debt¥B
0.756
0.903
1.012
1.062
1.202
1.271
1.484
1.483
1.570
1.699
0.537
7.17%
9.89%
29
Revenue
¥436.6M
9.24%
1.00×
Cost of revenue
¥211.2M
8.89%
0.97×
Operating expenses
¥93.11M
9.42%
1.02×
Cash and investments
17.05%
Spread over hurdle
(0.36%)