1.226
Revenue¥B
1.257
1.325
1.352
1.388
1.431
1.522
1.587
1.657
1.755
1.837
1.313
5.13%
4.21%
23
18.73
Revenue growth%
14.30
12.80
15.76
18.37
21.18
20.01
17.07
14.39
12.05
9.50
8.64
14.39
15.08
18
14.70
Gross margin%
19.81
17.26
18.26
16.33
17.22
15.06
17.04
16.35
15.70
15.34
8.66
15.70
16.70
58
7.82
Operating margin%
16.77
17.40
15.50
16.93
16.14
18.64
16.53
13.61
11.24
11.92
6.79
13.61
16.34
33
8.12
Net margin%
33.04
33.39
30.65
31.08
33.20
34.47
36.17
35.86
38.45
37.08
15.56
36.17
33.93
23
26.09
P/E ratio (avg)x
33.64
31.62
36.46
40.44
40.96
40.96
41.87
45.46
47.28
44.59
35.88
44.59
40.96
89
33.27
EV/EBITx
12.56
11.59
11.54
12.11
12.21
11.68
12.59
14.09
13.36
14.56
14.14
13.36
12.39
29
3.94
FCF yield (avg)%
6.95
8.50
9.16
12.12
12.12
14.00
15.31
14.21
15.45
17.15
16.93
15.31
13.06
74
29.67
FCF margin%
19.80
21.63
24.14
22.14
23.95
25.92
27.12
28.12
25.30
25.25
12.88
25.92
24.69
41
0.198
FCF / Net incomex
1.273
1.194
1.092
1.129
1.131
1.107
1.158
1.228
1.232
1.313
1.026
1.228
1.176
41
15.83
ROIC%
17.16
18.44
18.83
19.10
16.18
14.04
15.58
17.90
15.97
13.93
11.60
15.58
16.67
50
5.73
Return on equity%
26.14
24.06
25.80
28.06
30.65
31.18
30.86
30.59
32.10
34.57
29.35
31.18
30.62
52
22.69
Return on assets%
16.64
16.14
14.16
14.69
14.56
11.79
11.89
13.02
11.40
8.50
8.37
11.79
13.59
29
31.19
EPS¥
43.47
43.09
41.90
47.69
49.63
49.61
52.43
52.41
59.36
68.18
32.26
6.56%
5.74%
—
7.70
EPS growth%
2.34
0.80
1.07
3.33
3.23
2.73
3.25
1.27
0.40
0.40
13.97
1.27
1.80
42
26.49
Bookvalue per sh¥
44.57
50.15
56.49
55.44
53.44
54.39
58.16
60.40
65.17
73.15
34.81
6.48%
6.14%
—
35.47
FCF per share¥
16.64
18.23
19.55
18.69
21.03
18.91
18.08
18.43
19.66
20.13
26.77
(0.87%)
1.53%
—
15.92
Dividend per sh¥
31.67
29.47
30.73
28.15
30.73
33.55
31.59
29.55
32.05
32.42
7.51
1.08%
0.87%
—
27.89
Div yield (avg)%
7.01
5.45
3.95
6.59
4.73
2.96
0.40
0.91
2.85
2.47
3.45
2.47
3.45
29
19.32
Payout ratio%
15.37
15.54
15.43
15.45
14.65
15.20
16.61
14.28
16.05
18.62
29.66
16.05
15.44
55
12.66
Shares (diluted)M
14.27
13.35
13.09
14.17
14.49
16.08
17.61
16.91
16.16
15.30
12.50
1.10%
0.43%
91
2.28
Buyback yield%
17.51
19.67
22.03
22.47
22.39
21.36
22.27
21.63
19.81
18.24
6.36
21.36
21.49
32
1.398
D/E ratiox
0.339
0.366
0.332
0.324
0.354
0.369
0.394
0.378
0.347
0.371
0.409
0.371
0.360
20
528.4
Enterprise value¥M
167.2
149.3
150.3
166.5
170.4
188.9
180.2
200.1
222.1
213.3
583.6
4.58%
2.27%
53
1.449
LT debt¥B
1.147
1.269
1.321
1.453
1.534
1.598
1.810
1.795
1.852
1.827
1.267
3.55%
6.09%
9
Revenue
¥1.837B
4.21%
1.00×
Cost of revenue
¥986.8M
4.05%
0.98×
Operating expenses
¥227.8M
4.00%
0.98×
Goodwill & intangibles
16.79%
Spread over hurdle
18.31%