159.5
Revenue¥M
141.8
149.1
159.1
166.8
174.9
182.4
196.0
211.4
227.1
245.4
174.3
7.01%
6.36%
44
22.78
Revenue growth%
13.76
13.15
12.16
15.02
13.81
13.01
14.72
16.32
16.79
14.88
17.37
14.88
14.27
64
14.85
Gross margin%
16.78
16.52
19.28
17.62
15.10
12.18
14.29
15.47
17.33
19.23
15.37
15.47
16.65
10
9.16
Operating margin%
34.86
32.91
33.58
35.70
37.10
35.20
35.71
34.74
32.39
32.60
24.64
34.74
34.80
46
6.13
Net margin%
4.87
4.41
6.83
5.12
6.15
6.55
7.89
5.64
5.68
3.69
4.33
5.68
5.66
91
29.78
P/E ratio (avg)x
13.25
14.80
14.96
15.96
15.22
16.50
18.44
17.14
19.59
21.01
8.873
18.44
16.23
40
34.73
EV/EBITx
20.02
21.88
24.20
26.32
29.09
26.90
29.84
29.77
28.10
30.52
19.16
29.77
27.50
90
25.78
FCF yield (avg)%
26.53
29.22
28.99
29.28
31.90
29.64
28.49
30.98
30.60
32.05
12.93
30.60
29.46
33
25.57
FCF margin%
7.56
7.21
5.55
7.06
7.29
10.11
12.21
14.49
16.82
17.37
6.75
14.49
8.83
44
1.793
FCF / Net incomex
0.150
0.142
0.133
0.124
0.138
0.122
0.122
0.113
0.122
0.135
0.249
0.122
0.129
85
19.03
ROIC%
11.98
12.22
13.05
11.85
10.34
12.19
12.97
10.64
11.21
13.66
7.44
12.19
12.09
6
22.45
Return on equity%
14.66
14.34
16.42
17.33
18.51
19.72
20.35
23.13
20.15
22.43
26.86
20.35
19.12
36
22.65
Return on assets%
13.67
15.55
14.81
15.48
17.78
17.21
18.17
17.74
16.53
19.10
23.48
17.74
16.87
82
13.71
EPS¥
12.66
13.12
14.21
16.00
16.18
15.96
15.77
15.56
15.59
17.63
15.18
1.73%
3.71%
—
13.87
EPS growth%
12.81
14.25
16.68
13.77
12.45
13.88
16.52
17.94
18.27
20.45
22.05
17.94
15.39
45
32.52
Bookvalue per sh¥
17.89
19.18
22.67
27.25
27.42
29.41
33.09
34.33
38.96
40.01
26.74
7.85%
9.62%
—
18.82
FCF per share¥
34.95
41.66
40.62
47.20
54.04
54.32
62.20
74.10
76.62
84.81
27.20
9.44%
9.56%
—
32.76
Dividend per sh¥
34.23
37.60
35.94
37.45
39.69
43.95
51.41
57.70
63.62
64.15
22.30
10.08%
6.80%
—
4.15
Div yield (avg)%
19.50
20.46
21.37
20.14
21.41
19.45
21.55
24.49
23.96
21.34
15.77
21.55
21.35
59
28.47
Payout ratio%
29.52
30.05
28.50
27.16
29.31
31.53
31.50
30.35
31.89
31.83
28.02
31.53
30.20
40
3.874
Shares (diluted)M
3.650
3.874
3.523
3.518
3.420
3.668
3.365
3.457
3.118
3.382
3.800
(0.22%)
(0.12%)
81
23.87
Buyback yield%
18.13
15.57
12.83
14.45
12.12
10.83
13.64
12.16
14.68
16.14
4.88
13.64
14.05
8
0.841
D/E ratiox
0.421
0.422
0.445
0.376
0.358
0.327
0.312
0.314
0.290
0.249
1.229
0.312
0.342
51
47.57
Enterprise value¥M
153.1
164.9
174.8
190.8
190.1
203.1
216.1
200.3
220.9
235.4
184.8
4.37%
4.74%
62
26.91
LT debt¥M
122.8
125.6
135.1
129.4
122.4
120.5
142.0
167.2
183.1
212.5
296.7
11.66%
6.91%
51
Revenue
¥245.4M
6.36%
1.00×
Cost of revenue
¥148.0M
6.32%
1.00×
Operating expenses
¥44.89M
5.89%
0.96×
Goodwill & intangibles
14.35%
Spread over hurdle
70.12%