32.00
RevenueNT$M
179.2
196.8
208.9
225.1
246.0
268.7
293.5
321.1
340.9
368.9
33.64
8.44%
8.37%
9
28.26
Revenue growth%
21.18
20.19
18.24
16.65
16.69
16.42
16.02
15.70
16.41
13.65
6.91
16.02
16.54
41
14.55
Gross margin%
7.35
5.95
7.76
7.51
7.28
5.54
4.02
5.01
2.99
0.49
23.20
4.02
5.74
40
11.66
Operating margin%
1.48
3.96
6.75
7.56
8.90
6.84
6.05
7.89
7.53
7.96
17.12
7.53
7.19
18
25.39
Net margin%
9.95
12.83
12.75
14.15
11.98
12.67
12.05
12.35
10.24
10.70
21.70
12.05
12.20
63
8.728
P/E ratio (avg)x
39.17
44.50
45.62
50.75
49.45
46.17
51.95
54.11
51.10
46.21
18.51
51.10
47.83
20
28.21
EV/EBITx
12.67
11.66
11.87
10.39
9.746
8.483
8.505
7.756
7.642
6.664
23.66
7.756
9.126
31
11.36
FCF yield (avg)%
15.49
14.38
11.95
13.63
13.73
14.41
15.48
14.30
16.58
13.67
13.46
14.41
14.34
57
25.46
FCF margin%
6.49
6.61
4.64
3.98
6.73
7.95
6.45
4.86
6.61
7.86
11.16
6.61
6.55
60
1.570
FCF / Net incomex
1.118
1.005
0.889
0.881
0.757
0.725
0.733
0.673
0.612
0.534
1.628
0.673
0.745
27
23.74
ROIC%
20.27
22.14
24.12
24.36
22.04
24.50
27.27
25.53
25.95
24.90
11.58
25.53
24.43
85
15.37
Return on equity%
20.10
18.28
16.65
19.47
22.21
23.22
23.39
25.48
27.57
29.17
9.06
25.48
22.71
92
7.62
Return on assets%
0.47
3.27
0.91
0.40
2.01
4.36
4.72
4.80
2.43
0.65
11.57
4.36
2.22
44
7.00
EPSNT$
11.62
11.29
11.48
13.01
12.73
12.94
14.97
14.57
13.76
15.75
7.20
4.34%
4.38%
—
24.35
EPS growth%
17.94
15.34
18.00
15.83
18.10
18.37
19.83
21.47
22.68
23.49
22.16
21.47
18.23
81
4.38
Bookvalue per shNT$
4.25
4.13
4.22
4.05
4.28
4.44
4.02
3.60
3.27
3.01
4.43
(6.80%)
(4.00%)
—
2.94
FCF per shareNT$
2.43
2.10
2.28
2.04
1.98
1.76
1.75
1.64
1.48
1.36
7.20
(7.24%)
(6.45%)
—
3.10
Dividend per shNT$
5.21
5.29
5.30
5.55
5.71
6.61
6.86
6.78
6.88
6.97
8.83
4.06%
3.54%
—
27.97
Div yield (avg)%
12.60
12.04
12.53
13.06
10.47
8.12
8.74
11.46
8.70
11.55
20.72
8.74
11.50
16
4.67
Payout ratio%
20.52
19.39
16.91
19.41
20.96
21.56
21.12
20.36
21.00
22.24
20.92
21.12
20.74
30
50.35
Shares (diluted)M
41.30
35.16
34.64
33.45
34.24
31.51
27.03
25.70
26.19
26.22
49.40
(5.20%)
(5.00%)
35
18.23
Buyback yield%
14.50
13.88
16.57
15.05
14.66
13.36
14.63
12.93
15.54
18.19
18.01
14.63
14.65
49
1.422
D/E ratiox
1.902
2.209
2.195
2.320
2.465
2.827
2.922
3.301
3.204
3.183
0.387
3.183
2.646
18
193.1
Enterprise valueNT$M
23.42
22.33
23.83
22.05
23.75
22.26
24.76
25.17
23.61
21.50
310.6
(1.97%)
0.23%
81
294.1
LT debtNT$M
304.3
344.8
404.8
477.1
508.7
591.1
647.8
752.4
806.4
922.4
214.1
12.64%
12.85%
94
Cost of revenue
8.36%
1.00×
Operating expenses
8.38%
1.00×
Property and equipment
16.59%
Spread over hurdle
13.01%