1.864
Revenue¥B
0.974
1.055
1.112
1.182
1.259
1.321
1.443
1.533
1.636
1.747
2.074
6.78%
6.98%
55
18.86
Revenue growth%
2.11
3.88
4.06
5.14
6.96
7.21
5.04
5.33
3.59
5.05
26.80
5.05
5.04
59
16.60
Gross margin%
24.77
25.10
25.35
26.80
29.53
29.75
27.34
24.89
26.11
26.88
25.52
26.88
26.46
48
27.30
Operating margin%
4.95
7.13
8.09
5.29
5.60
2.73
2.27
4.29
4.36
6.26
16.38
4.29
5.12
95
7.19
Net margin%
8.80
7.10
9.74
6.79
8.01
6.90
9.64
7.25
8.49
8.19
12.50
8.19
8.10
51
17.67
P/E ratio (avg)x
26.48
26.55
25.53
24.34
24.05
26.22
24.14
25.33
25.83
25.56
33.08
25.56
25.54
68
30.63
EV/EBITx
16.52
17.60
16.18
14.73
16.11
16.02
16.81
16.07
16.60
15.40
32.28
16.07
16.15
34
27.70
FCF yield (avg)%
15.39
18.14
18.70
18.94
19.90
21.66
18.80
21.73
21.32
20.80
24.56
21.32
19.42
39
28.47
FCF margin%
5.02
5.82
4.00
3.86
5.23
7.97
7.56
10.46
7.87
5.63
9.55
7.87
5.73
39
0.539
FCF / Net incomex
0.972
1.020
1.148
1.087
1.161
1.208
1.413
1.671
1.801
1.937
1.663
1.671
1.184
84
29.60
ROIC%
0.40
1.94
0.40
0.40
1.18
0.40
3.37
3.66
2.80
1.61
21.39
2.80
1.39
23
21.71
Return on equity%
0.40
0.40
3.32
4.23
6.53
6.96
7.18
7.00
4.14
5.32
4.59
6.96
4.77
59
18.60
Return on assets%
0.84
1.38
0.40
0.40
0.40
0.40
2.70
1.12
4.11
4.64
19.11
2.70
0.98
14
22.65
EPS¥
19.62
19.52
22.16
23.54
24.39
27.36
30.10
32.10
33.66
32.90
23.94
6.17%
5.69%
—
18.31
EPS growth%
19.10
16.11
17.78
17.99
20.44
19.63
19.90
19.18
20.54
21.98
4.59
19.90
19.40
89
16.92
Bookvalue per sh¥
10.61
12.58
12.60
13.36
13.68
14.95
15.96
16.58
16.61
16.05
22.05
3.24%
4.78%
—
24.46
FCF per share¥
33.70
39.68
43.53
50.96
60.07
70.04
73.54
71.42
76.27
85.49
9.09
7.31%
11.39%
—
19.00
Dividend per sh¥
19.75
20.49
21.32
23.26
22.62
24.40
26.98
28.89
30.97
28.36
7.89
4.63%
4.12%
—
29.03
Div yield (avg)%
28.98
31.68
32.70
33.29
31.92
30.80
30.71
29.02
28.51
29.12
19.19
29.12
30.75
31
18.60
Payout ratio%
19.25
20.26
23.20
20.48
21.40
24.02
25.31
26.04
26.81
27.39
9.33
26.04
23.61
9
45.31
Shares (diluted)M
62.19
65.56
68.15
69.97
65.49
68.86
74.34
69.90
63.82
61.16
45.26
(1.36%)
(0.09%)
91
15.47
Buyback yield%
21.58
20.71
22.70
25.54
27.96
30.92
32.86
30.81
29.46
30.32
18.77
30.81
28.71
42
1.459
D/E ratiox
2.600
2.719
3.104
3.518
3.680
3.436
3.611
3.582
3.337
3.678
1.032
3.582
3.477
51
1.234
Enterprise value¥B
0.130
0.134
0.148
0.152
0.146
0.144
0.169
0.163
0.182
0.214
1.121
7.93%
5.36%
75
2.100
LT debt¥B
2.934
3.224
3.505
3.885
4.394
5.056
5.223
5.661
6.231
6.792
0.099
9.10%
8.27%
47
Revenue
¥1.747B
6.98%
1.00×
Cost of revenue
¥1.037B
6.68%
0.97×
Operating expenses
¥245.6M
7.40%
1.04×
Property and equipment
17.91%
Goodwill & intangibles
16.12%
Spread over hurdle
(5.58%)