231.6
RevenueNT$M
334.8
362.6
393.1
425.2
448.1
481.6
519.5
561.6
593.4
637.5
252.2
7.30%
7.36%
33
25.01
Revenue growth%
12.89
11.43
13.45
11.51
13.17
14.64
15.01
15.86
13.90
15.79
7.02
15.01
13.68
67
24.83
Gross margin%
0.72
2.18
3.09
5.81
4.32
3.86
2.52
4.95
6.47
7.33
29.15
4.95
4.09
9
12.74
Operating margin%
9.34
11.63
10.87
11.40
12.74
14.32
14.55
16.48
18.11
16.30
18.13
16.30
13.53
23
22.59
Net margin%
15.54
14.95
15.15
12.45
13.40
13.12
10.87
12.06
12.70
13.71
24.62
12.70
13.26
70
25.35
P/E ratio (avg)x
34.73
37.72
41.23
43.84
44.35
42.52
40.97
47.17
55.48
62.54
34.86
47.17
43.18
50
15.69
EV/EBITx
45.13
51.87
58.11
54.90
63.51
64.15
73.21
68.11
67.86
70.36
27.91
68.11
63.83
54
28.67
FCF yield (avg)%
9.15
7.99
10.07
9.83
12.48
13.11
11.12
8.25
5.47
5.07
20.31
8.25
9.49
22
6.68
FCF margin%
15.05
14.22
12.73
11.40
10.97
9.00
6.30
4.10
1.36
0.50
27.16
4.10
9.99
82
0.422
FCF / Net incomex
0.225
0.202
0.198
0.204
0.210
0.192
0.195
0.186
0.181
0.187
1.649
0.187
0.197
32
9.94
ROIC%
30.93
33.23
30.97
29.09
31.35
30.54
29.52
29.28
28.41
30.91
10.51
29.52
30.72
68
5.19
Return on equity%
9.58
11.33
10.48
8.55
5.99
5.78
8.22
10.51
12.48
13.82
13.51
10.51
10.03
73
11.47
Return on assets%
14.55
15.01
15.62
15.80
17.52
17.03
15.12
15.65
13.82
12.29
17.55
15.12
15.37
58
2.17
EPSNT$
7.93
8.53
9.08
9.28
9.57
9.55
9.36
10.05
9.20
9.35
2.22
(0.47%)
0.13%
—
7.81
EPS growth%
21.08
18.71
21.44
21.83
19.55
17.88
16.91
15.15
13.52
13.44
9.47
15.15
18.30
5
5.88
Bookvalue per shNT$
14.28
15.29
16.68
19.66
19.71
23.36
27.70
28.05
29.50
31.31
7.24
9.70%
8.91%
—
2.17
FCF per shareNT$
9.85
8.51
8.03
8.44
9.06
8.79
9.45
9.17
9.18
8.76
2.52
(0.67%)
(0.81%)
—
8.26
Dividend per shNT$
4.13
3.76
4.08
4.30
4.18
3.95
4.49
4.74
4.97
5.42
1.66
5.33%
3.10%
—
8.63
Div yield (avg)%
19.89
17.28
17.54
19.10
21.71
23.90
21.33
21.06
23.47
24.29
10.80
23.47
21.20
60
25.86
Payout ratio%
18.81
19.54
21.63
22.18
24.32
27.18
27.62
30.22
29.00
27.21
17.55
27.62
25.75
70
45.12
Shares (diluted)M
53.56
49.75
46.85
43.29
42.45
45.19
45.50
48.49
52.34
46.51
45.51
1.84%
(1.73%)
59
21.13
Buyback yield%
1.07
0.40
0.66
0.40
0.40
1.53
3.05
4.07
1.56
0.40
15.98
1.56
0.87
78
0.951
D/E ratiox
0.661
0.734
0.861
0.920
0.898
0.874
0.938
1.108
1.270
1.375
0.152
1.108
0.909
9
0.622
Enterprise valueNT$B
0.778
0.861
0.888
0.818
0.902
0.994
1.021
1.018
1.038
1.081
0.562
3.70%
4.44%
86
0.134
LT debtNT$B
0.883
0.925
0.942
1.026
1.192
1.335
1.355
1.586
1.688
1.950
0.129
10.34%
9.62%
78
Cost of revenue
7.86%
1.05×
Operating expenses
6.26%
0.90×
Property and equipment
19.77%
Spread over hurdle
43.95%