84.43
RevenueNT$M
312.0
328.0
348.9
370.0
388.5
415.8
436.9
458.7
476.0
486.4
93.76
4.60%
4.89%
27
12.88
Revenue growth%
4.25
1.43
0.40
0.40
0.40
1.00
0.40
0.40
0.40
2.77
15.34
0.40
0.40
49
8.48
Gross margin%
17.27
17.37
16.37
16.57
16.65
15.69
13.34
15.69
17.44
20.02
11.28
15.69
16.61
50
2.91
Operating margin%
6.73
8.08
8.43
10.30
12.60
10.00
10.50
10.28
8.48
11.14
27.20
10.28
10.14
41
3.65
Net margin%
17.02
18.33
18.93
16.06
18.48
17.16
14.70
16.92
14.64
14.80
21.38
14.80
16.97
17
30.37
P/E ratio (avg)x
26.50
27.35
27.02
26.94
27.95
27.24
30.13
30.16
29.05
25.91
6.113
29.05
27.30
29
28.25
EV/EBITx
12.74
10.86
9.481
9.260
8.263
7.371
6.573
5.623
5.067
5.222
23.88
5.623
7.817
51
11.10
FCF yield (avg)%
25.45
23.04
25.28
28.11
25.89
26.31
24.62
27.28
28.34
30.32
15.09
27.28
26.10
37
18.97
FCF margin%
28.07
25.14
28.08
26.88
27.95
28.69
30.50
28.59
28.81
28.62
16.02
28.69
28.33
43
1.091
FCF / Net incomex
1.459
1.356
1.285
1.219
1.130
1.028
0.945
1.026
1.114
1.179
1.370
1.028
1.155
19
5.60
ROIC%
16.57
14.44
17.26
16.80
16.14
15.28
13.00
12.14
11.59
12.17
2.73
12.17
14.86
12
17.05
Return on equity%
10.87
7.95
5.17
7.69
5.11
5.92
8.12
10.38
10.04
10.27
5.21
10.04
8.04
13
3.38
Return on assets%
24.92
22.54
23.81
23.51
21.20
21.68
23.53
25.91
24.93
24.01
21.80
24.01
23.67
34
9.43
EPSNT$
28.18
28.62
31.40
33.67
34.99
37.72
36.83
42.93
46.51
51.29
10.33
7.95%
7.72%
—
2.64
EPS growth%
19.15
17.06
17.86
19.63
18.79
21.04
18.59
18.84
21.58
19.72
27.99
19.72
19.00
80
6.57
Bookvalue per shNT$
7.36
8.50
9.20
10.62
11.14
13.12
12.66
13.62
13.45
13.55
6.94
4.00%
7.76%
—
10.08
FCF per shareNT$
5.29
5.54
5.03
4.94
5.32
5.60
5.48
5.01
4.85
5.21
9.76
(0.41%)
(0.99%)
—
17.72
Dividend per shNT$
2.92
3.02
3.28
3.52
3.45
3.51
3.56
3.57
3.26
3.00
3.11
(2.76%)
(0.85%)
—
22.98
Div yield (avg)%
9.44
11.49
11.46
9.95
10.84
11.22
10.34
9.49
12.22
10.27
8.07
10.34
10.59
70
15.04
Payout ratio%
18.45
17.95
18.01
16.74
14.33
16.98
15.06
16.32
16.29
19.12
28.82
16.32
16.86
41
34.57
Shares (diluted)M
47.16
56.60
58.98
70.56
83.66
94.08
100.9
120.4
143.7
147.3
33.89
11.98%
14.24%
48
12.70
Buyback yield%
23.20
22.07
21.15
18.99
17.31
17.04
14.14
13.71
12.28
12.31
17.97
13.71
17.17
38
0.706
D/E ratiox
1.636
1.617
1.690
1.999
2.130
2.290
2.434
2.902
3.026
3.105
0.727
2.902
2.210
59
85.43
Enterprise valueNT$M
43.10
44.91
42.80
39.60
38.54
36.60
33.80
32.64
31.02
32.81
276.2
(3.17%)
(2.88%)
10
423.0
LT debtNT$M
275.5
249.9
273.3
293.9
323.3
322.6
342.6
302.0
282.6
281.6
116.1
(2.72%)
0.23%
73
Cost of revenue
4.93%
1.00×
Operating expenses
4.74%
0.99×
Property and equipment
14.98%
Spread over hurdle
19.17%