278.6
RevenueNT$M
386.2
402.6
423.5
435.2
455.9
482.1
509.4
531.7
560.4
595.3
297.0
5.48%
4.72%
23
13.85
Revenue growth%
18.32
19.22
20.32
17.96
16.64
13.88
14.02
12.07
10.89
11.16
9.04
12.07
15.33
24
18.45
Gross margin%
18.61
20.64
20.67
21.35
18.56
19.53
20.44
21.62
23.06
20.77
15.48
20.77
20.65
14
8.43
Operating margin%
17.85
16.48
15.43
16.87
17.91
17.55
20.02
22.49
24.22
26.83
12.78
22.49
17.88
69
26.85
Net margin%
24.04
23.89
25.28
22.94
22.42
22.92
21.24
20.18
21.19
19.36
13.04
21.19
22.67
42
6.880
P/E ratio (avg)x
32.82
34.68
34.29
33.71
35.16
33.06
35.99
33.12
29.14
29.65
20.60
33.06
33.41
59
9.419
EV/EBITx
11.77
12.11
13.24
12.03
11.81
12.25
13.10
13.03
13.18
14.58
22.80
13.10
12.64
11
6.28
FCF yield (avg)%
25.78
26.18
25.23
22.76
20.34
22.00
24.75
25.32
26.44
27.13
25.65
25.32
25.27
41
5.14
FCF margin%
14.61
12.38
12.67
11.94
13.00
14.41
13.93
14.37
12.42
9.55
21.19
13.93
12.83
35
0.278
FCF / Net incomex
1.922
2.160
2.411
2.252
2.509
2.847
2.657
2.975
3.238
3.280
0.740
2.975
2.583
56
12.27
ROIC%
29.87
27.74
28.44
27.42
30.26
32.92
33.62
35.13
32.44
33.06
8.37
33.06
31.35
81
12.73
Return on equity%
17.57
18.61
16.91
18.86
17.21
14.94
16.62
17.16
19.70
17.43
16.04
17.16
17.32
34
4.74
Return on assets%
6.24
7.58
6.69
5.44
7.86
8.11
5.53
5.43
5.17
5.26
6.80
5.43
5.88
59
4.74
EPSNT$
3.99
4.60
5.10
5.30
5.45
5.06
5.67
5.29
4.90
5.51
5.01
0.19%
4.33%
—
8.78
EPS growth%
31.34
31.87
31.63
28.67
30.68
33.19
34.87
34.49
32.40
32.94
9.24
33.19
32.13
52
2.51
Bookvalue per shNT$
4.23
4.06
3.70
3.26
3.24
3.02
2.67
2.75
2.81
2.89
3.76
(2.25%)
(3.47%)
—
1.94
FCF per shareNT$
4.56
4.96
5.23
5.29
5.02
4.50
4.76
5.22
5.68
5.16
2.95
0.56%
1.88%
—
6.66
Dividend per shNT$
6.01
5.40
5.88
6.36
5.80
6.14
6.21
6.12
6.05
6.25
4.44
1.54%
1.24%
—
14.97
Div yield (avg)%
25.00
22.19
19.26
22.07
19.33
17.88
20.41
23.12
21.22
19.83
3.08
20.41
20.82
71
16.90
Payout ratio%
27.97
30.77
28.64
31.62
32.97
30.91
33.59
36.07
39.02
40.34
7.32
36.07
32.29
27
36.11
Shares (diluted)M
45.19
51.11
54.03
50.01
53.04
54.90
57.58
53.02
56.29
60.38
36.39
2.62%
4.03%
28
5.18
Buyback yield%
32.54
34.13
31.45
30.44
32.91
30.11
28.27
25.58
23.00
24.27
6.64
25.58
30.28
69
0.508
D/E ratiox
0.823
0.825
0.782
0.734
0.689
0.660
0.651
0.633
0.591
0.591
1.346
0.633
0.675
69
601.4
Enterprise valueNT$M
251.0
284.5
268.4
248.2
245.6
265.6
254.5
283.6
282.9
285.5
622.1
3.05%
1.80%
39
185.7
LT debtNT$M
401.9
421.4
468.5
522.0
580.8
546.6
519.0
528.0
508.6
503.2
486.4
(2.83%)
1.52%
6
Cost of revenue
4.68%
1.00×
Operating expenses
5.03%
1.03×
Property and equipment
17.46%
Spread over hurdle
11.80%