331.5
RevenueNT$M
202.8
215.5
225.0
240.3
256.2
270.9
280.6
297.3
309.0
324.7
357.2
4.85%
5.53%
52
6.16
Revenue growth%
25.09
25.39
28.10
30.55
27.90
26.20
28.18
30.28
28.75
26.69
12.29
28.18
28.00
67
6.84
Gross margin%
22.81
22.00
22.20
24.73
26.47
25.08
27.28
27.23
27.35
25.36
17.11
27.23
25.22
49
24.19
Operating margin%
1.69
0.40
1.69
2.05
2.86
2.59
1.09
0.40
2.71
0.45
28.88
1.09
1.69
23
14.59
Net margin%
19.64
20.29
17.50
18.59
16.94
15.69
13.98
16.29
18.90
19.65
7.58
16.29
18.05
18
21.35
P/E ratio (avg)x
10.76
11.34
13.12
13.62
13.65
13.85
15.45
14.60
13.68
12.77
25.43
13.85
13.64
62
30.91
EV/EBITx
46.36
44.36
47.73
53.58
60.84
62.06
61.13
56.30
56.49
64.73
31.64
61.13
56.39
10
27.33
FCF yield (avg)%
27.64
26.16
28.25
25.64
23.37
21.98
20.32
20.19
19.20
20.31
25.61
20.31
22.68
63
20.43
FCF margin%
20.55
23.03
22.89
24.29
25.17
27.34
24.44
27.37
25.47
24.36
6.14
25.47
24.40
13
1.733
FCF / Net incomex
0.975
1.137
1.086
1.044
1.013
1.202
1.251
1.386
1.394
1.374
0.526
1.374
1.170
86
26.09
ROIC%
22.59
19.94
18.33
17.84
18.61
18.63
16.31
18.61
17.55
20.46
21.50
18.61
18.61
16
22.59
Return on equity%
4.52
1.77
2.25
0.40
1.86
3.46
4.21
1.47
0.40
2.27
13.49
2.27
2.05
8
23.33
Return on assets%
3.04
4.07
6.76
8.72
10.77
9.93
10.88
13.03
14.49
14.49
24.97
13.03
10.35
37
3.19
EPSNT$
1.87
1.97
2.13
1.87
1.92
2.00
1.81
1.69
1.81
1.69
3.54
(2.52%)
(1.72%)
—
17.35
EPS growth%
7.00
7.94
5.29
5.82
3.70
5.91
7.95
7.00
5.93
7.83
11.79
7.00
6.46
82
2.32
Bookvalue per shNT$
6.32
6.34
6.51
6.99
6.12
6.14
6.74
7.28
7.65
8.32
6.47
6.33%
1.88%
—
11.13
FCF per shareNT$
4.37
3.96
4.22
4.24
4.68
4.84
4.64
4.89
4.79
5.37
4.86
2.80%
1.75%
—
5.39
Dividend per shNT$
3.21
3.13
3.16
2.81
2.78
3.07
2.72
2.72
2.77
3.03
4.57
1.75%
0.47%
—
8.34
Div yield (avg)%
17.19
18.22
19.05
19.48
20.87
20.90
23.34
25.96
24.57
25.09
14.74
24.57
20.89
21
26.97
Payout ratio%
26.44
28.42
27.21
24.54
23.55
25.63
27.08
27.03
25.68
24.27
27.90
25.68
26.06
53
41.49
Shares (diluted)M
53.88
59.76
57.03
59.06
65.37
72.24
70.46
73.31
68.37
66.30
42.31
0.28%
1.63%
43
15.23
Buyback yield%
1.70
3.15
5.51
3.12
3.20
5.92
3.75
2.76
2.56
3.06
26.89
3.06
3.14
27
0.452
D/E ratiox
0.573
0.545
0.543
0.569
0.534
0.542
0.519
0.519
0.547
0.517
0.857
0.519
0.543
89
250.9
Enterprise valueNT$M
348.3
345.9
362.8
377.6
406.6
468.2
501.1
494.1
529.9
554.9
28.17
6.41%
6.33%
6
227.7
LT debtNT$M
353.4
352.1
417.8
401.2
434.4
494.8
503.5
515.6
494.1
586.3
148.7
6.18%
6.79%
11
Cost of revenue
5.53%
1.00×
Operating expenses
4.80%
0.93×
Cash and investments
17.11%
Property and equipment
15.01%
Spread over hurdle
(4.17%)