40.71
RevenueNT$M
45.15
48.92
53.47
58.75
63.43
69.66
76.70
84.00
89.05
96.70
44.81
8.80%
8.96%
91
11.61
Revenue growth%
5.77
5.79
8.39
9.68
11.66
12.09
12.24
9.24
7.42
5.99
18.07
9.24
8.82
9
28.72
Gross margin%
12.40
13.61
11.83
11.06
9.07
10.90
11.27
9.50
12.31
10.39
29.57
10.90
11.17
78
5.56
Operating margin%
12.86
11.81
10.00
9.38
8.00
10.31
8.82
8.30
7.21
8.93
3.10
8.82
9.15
67
16.39
Net margin%
25.49
23.73
25.56
26.59
24.93
23.55
25.72
27.56
24.79
25.47
17.26
25.47
25.48
34
37.11
P/E ratio (avg)x
20.35
22.43
25.32
25.32
27.74
28.11
32.50
37.47
37.43
36.36
11.26
36.36
27.93
16
19.92
EV/EBITx
40.79
44.77
43.81
48.62
44.95
45.63
49.80
57.17
61.49
58.83
24.86
57.17
47.12
61
28.97
FCF yield (avg)%
17.90
16.03
16.09
18.45
19.29
17.09
19.56
21.39
18.69
20.81
16.93
19.56
18.57
14
14.09
FCF margin%
16.05
17.83
18.27
17.08
19.67
19.23
19.95
18.22
15.51
18.38
5.96
18.38
18.25
58
1.223
FCF / Net incomex
0.761
0.753
0.747
0.774
0.675
0.641
0.587
0.506
0.479
0.445
0.983
0.506
0.658
87
18.45
ROIC%
26.32
24.01
25.80
26.40
27.69
29.65
29.72
29.39
31.36
31.29
11.03
29.72
28.54
6
15.67
Return on equity%
20.31
18.35
20.36
22.91
21.76
20.57
20.40
19.25
19.19
21.04
23.92
20.40
20.38
64
20.94
Return on assets%
28.86
31.10
29.15
30.00
27.01
26.55
26.66
23.78
22.14
20.49
10.58
23.78
26.84
69
1.60
EPSNT$
1.25
1.35
1.48
1.38
1.37
1.46
1.40
1.37
1.36
1.26
1.67
(1.62%)
0.46%
—
12.97
EPS growth%
24.70
24.57
27.52
28.90
26.37
26.63
28.61
29.66
31.90
30.78
19.84
29.66
28.07
93
3.18
Bookvalue per shNT$
0.77
0.80
0.76
0.80
0.84
0.88
0.87
0.93
0.89
0.88
2.71
0.94%
2.38%
—
1.60
FCF per shareNT$
4.92
5.47
6.50
7.30
7.75
8.20
8.42
9.80
9.73
10.11
2.90
5.47%
8.03%
—
2.92
Dividend per shNT$
4.58
5.30
5.21
5.85
5.67
5.52
5.40
5.53
6.33
6.36
1.27
2.34%
3.50%
—
24.10
Div yield (avg)%
17.74
20.04
17.92
14.93
12.73
10.53
10.36
12.86
12.77
14.13
11.27
12.77
13.50
50
16.35
Payout ratio%
17.70
15.54
15.16
15.30
13.46
12.58
14.72
16.91
18.10
17.01
28.28
16.91
15.42
78
9.767
Shares (diluted)M
9.701
10.12
11.95
12.14
14.16
16.04
18.56
21.02
23.40
25.71
10.09
12.66%
11.00%
9
9.07
Buyback yield%
13.93
12.74
12.58
9.82
9.49
6.53
8.08
7.23
5.07
7.88
2.40
7.23
8.79
53
0.644
D/E ratiox
1.674
1.842
2.078
2.137
2.509
2.555
2.592
3.008
3.581
4.113
1.606
3.008
2.532
60
17.75
Enterprise valueNT$M
8.371
8.907
7.523
8.111
7.667
6.818
6.827
5.981
6.341
6.490
48.68
(3.28%)
(2.53%)
70
30.15
LT debtNT$M
62.10
68.61
77.58
79.06
86.46
94.92
93.20
100.3
106.8
122.8
48.50
7.27%
7.32%
20
Cost of revenue
8.65%
0.97×
Operating expenses
9.17%
1.02×
Cash and investments
17.29%
Spread over hurdle
22.21%