3.630
Revenue¥B
2.088
2.249
2.370
2.488
2.643
2.880
3.110
3.288
3.457
3.831
4.402
6.80%
6.71%
14
29.07
Revenue growth%
26.42
25.16
25.40
28.11
30.38
32.70
31.58
33.56
32.95
29.14
6.49
32.70
29.24
93
4.52
Gross margin%
8.80
6.52
8.34
7.16
7.49
6.15
4.89
5.29
7.04
7.83
3.67
6.15
7.10
62
11.50
Operating margin%
10.88
13.23
11.30
14.13
11.18
10.32
12.60
10.60
11.91
13.95
12.28
11.18
11.24
55
21.58
Net margin%
6.20
5.37
5.79
8.63
8.33
7.08
7.34
7.35
10.01
19.52
10.86
7.35
7.21
21
15.19
P/E ratio (avg)x
42.27
44.20
46.21
47.13
57.10
61.89
61.54
60.54
69.84
10.67
10.09
61.54
52.12
45
27.84
EV/EBITx
37.68
42.41
47.79
56.70
62.88
66.74
65.36
69.57
81.71
8.360
30.60
66.74
59.79
56
15.78
FCF yield (avg)%
25.25
25.73
26.73
25.54
23.01
24.64
27.39
24.82
26.55
5.47
11.04
24.82
25.39
83
17.81
FCF margin%
35.39
36.92
37.51
36.41
37.88
36.98
35.18
37.09
38.02
20.17
5.70
37.09
36.95
80
0.409
FCF / Net incomex
1.566
1.757
1.593
1.768
1.853
2.028
2.269
2.533
2.734
1.477
0.536
2.269
1.811
15
17.71
ROIC%
9.81
7.39
5.41
2.90
5.67
4.08
5.98
8.09
6.02
2.71
20.74
5.98
6.00
53
24.14
Return on equity%
15.72
13.00
10.04
9.76
8.75
9.96
7.80
8.85
10.87
3.02
5.42
8.85
10.00
92
14.28
Return on assets%
21.48
21.14
22.20
21.11
21.77
24.76
24.28
21.47
22.88
5.53
22.05
22.88
21.99
91
4.94
EPS¥
3.58
3.94
4.01
4.23
4.64
4.34
4.57
4.82
4.87
5.21
5.49
2.84%
2.17%
—
9.50
EPS growth%
16.54
15.46
15.41
14.63
16.63
15.53
16.52
19.33
18.21
28.13
3.74
16.63
16.53
39
5.67
Bookvalue per sh¥
6.15
6.08
6.11
6.62
6.97
6.06
5.51
4.83
4.65
4.43
1.20
(6.81%)
(3.32%)
—
4.43
FCF per share¥
5.42
6.11
6.19
6.11
7.24
7.29
8.00
9.65
9.54
2.80
3.00
9.32%
6.68%
—
2.94
Dividend per sh¥
3.30
3.36
3.50
3.71
4.24
4.28
4.72
4.68
5.51
3.71
1.29
8.19%
7.07%
—
27.82
Div yield (avg)%
5.00
2.51
4.79
6.06
4.10
2.65
0.40
0.40
2.44
28.24
21.92
2.44
3.37
48
6.71
Payout ratio%
17.09
16.39
14.48
15.50
18.19
15.37
14.76
16.08
17.77
21.11
10.71
16.08
16.24
16
174.8
Shares (diluted)M
266.7
306.1
348.6
402.8
435.6
508.7
600.3
579.7
599.7
171.9
177.4
8.28%
9.50%
37
18.10
Buyback yield%
29.57
29.50
27.95
30.40
30.92
30.40
32.87
35.11
32.55
13.78
24.34
32.55
30.40
85
1.271
D/E ratiox
1.696
1.723
1.862
1.663
1.867
1.991
2.226
2.420
2.310
0.129
1.197
2.226
1.864
17
3.443
Enterprise value¥B
1.587
1.855
2.100
2.403
2.884
3.254
3.174
3.669
4.219
3.516
3.058
11.91%
12.40%
62
2.583
LT debt¥B
2.622
2.715
2.582
2.873
2.944
2.761
2.772
2.935
2.861
2.327
1.226
(0.08%)
0.53%
72
Revenue
¥3.457B
6.71%
1.00×
Cost of revenue
¥1.612B
6.45%
0.98×
Operating expenses
¥798.6M
6.69%
1.00×
Spread over hurdle
(0.79%)