120.4
Revenue¥M
216.9
236.1
255.1
279.1
297.2
314.9
333.8
361.7
382.1
405.7
129.8
6.42%
7.04%
63
2.54
Revenue growth%
20.67
17.76
19.60
18.92
21.92
19.01
20.20
20.37
17.86
18.85
12.19
19.01
19.30
65
26.04
Gross margin%
27.69
28.00
28.73
29.00
31.50
28.52
30.86
31.85
34.74
35.96
4.17
31.85
29.93
68
26.05
Operating margin%
28.19
31.16
29.67
30.45
30.96
31.64
31.43
28.49
27.38
24.40
19.19
28.49
30.06
6
7.25
Net margin%
12.08
11.97
12.74
15.00
17.83
17.22
14.54
13.70
11.69
12.08
5.17
13.70
13.22
29
32.56
P/E ratio (avg)x
33.82
35.99
38.50
45.67
45.07
53.58
57.65
63.66
66.88
78.03
36.52
63.66
49.62
92
11.73
EV/EBITx
8.694
7.940
7.144
7.214
6.799
5.782
6.116
5.339
4.705
4.192
13.80
5.339
6.458
65
18.39
FCF yield (avg)%
22.89
22.48
21.11
20.04
21.32
18.93
20.40
20.64
21.73
19.45
18.66
20.40
20.87
14
12.00
FCF margin%
27.22
24.93
23.41
22.44
20.14
21.25
22.74
23.72
24.73
26.58
3.09
23.72
23.56
14
0.900
FCF / Net incomex
0.976
1.017
1.104
1.159
1.242
1.290
1.199
1.247
1.257
1.315
1.375
1.257
1.221
67
14.23
ROIC%
28.64
26.78
28.75
27.75
25.00
27.49
29.08
30.43
33.41
33.07
27.92
30.43
28.69
7
11.57
Return on equity%
13.31
15.45
16.48
14.30
14.73
15.32
13.55
16.01
17.99
17.05
11.22
16.01
15.38
93
29.83
Return on assets%
8.60
5.76
2.98
3.14
0.78
3.69
1.74
3.24
4.83
1.84
26.60
3.24
3.19
59
109.50
EPS¥
130.77
136.48
145.74
136.92
123.51
126.66
134.94
121.12
118.44
119.95
118.83
(0.58%)
(0.70%)
—
10.84
EPS growth%
14.91
16.94
18.60
19.73
21.33
22.24
23.47
25.59
27.45
26.50
26.37
25.59
21.78
19
20.12
Bookvalue per sh¥
83.72
89.27
86.98
79.90
85.80
91.41
89.57
86.63
94.65
91.89
127.03
1.38%
1.01%
—
43.71
FCF per share¥
107.14
94.16
88.65
98.09
94.86
86.40
82.05
72.84
79.26
69.78
90.13
(5.96%)
(3.40%)
—
85.16
Dividend per sh¥
109.59
100.97
97.00
81.93
77.29
75.88
74.80
76.85
79.48
67.29
31.60
(2.73%)
(4.58%)
—
6.56
Div yield (avg)%
20.95
19.74
20.04
22.06
21.61
20.33
20.11
20.54
21.55
22.33
22.96
20.54
20.74
26
16.82
Payout ratio%
28.79
29.94
32.21
32.61
30.26
29.69
27.78
26.00
26.59
25.27
9.06
26.59
29.24
32
2.658
Shares (diluted)M
2.843
2.671
2.651
2.948
2.975
3.033
3.051
3.355
3.375
3.037
2.629
0.41%
1.67%
46
7.92
Buyback yield%
0.75
2.56
3.20
5.31
6.39
4.35
6.40
4.74
7.66
5.72
21.62
5.72
5.02
67
1.401
D/E ratiox
2.292
2.488
2.691
2.813
3.205
3.170
3.474
3.468
3.995
4.265
1.477
3.474
3.187
44
273.9
Enterprise value¥M
230.7
267.9
276.5
259.0
280.9
292.8
293.1
309.4
353.1
360.0
57.05
5.09%
3.74%
52
0.024
LT debt¥B
0.528
0.631
0.612
0.654
0.766
0.857
0.957
1.076
1.265
1.442
0.207
13.49%
11.50%
21
Revenue
¥405.7M
7.04%
1.00×
Cost of revenue
¥272.4M
7.17%
1.01×
Operating expenses
¥60.73M
6.49%
0.95×
Spread over hurdle
(0.59%)