125.4
RevenueNT$M
108.6
112.0
119.2
121.9
125.0
132.4
141.3
149.4
158.6
168.4
137.6
6.14%
4.71%
76
4.02
Revenue growth%
9.13
11.52
13.35
16.17
18.05
19.77
21.97
22.62
23.59
26.45
26.37
22.62
18.91
70
14.42
Gross margin%
2.33
1.79
0.40
0.67
0.40
3.05
4.97
7.94
5.70
5.29
21.58
5.29
2.69
6
20.78
Operating margin%
27.17
26.05
27.62
30.37
29.86
32.86
35.30
33.99
35.20
38.15
11.20
35.20
31.61
16
26.14
Net margin%
19.57
19.73
19.98
20.68
20.06
17.43
14.84
11.98
14.82
16.18
3.23
14.84
18.50
63
24.48
P/E ratio (avg)x
14.83
16.99
17.97
17.47
17.56
18.53
21.95
22.08
22.60
26.51
17.16
22.08
18.25
19
18.72
EV/EBITx
13.48
12.46
12.02
12.17
12.70
12.61
12.12
12.30
12.19
11.80
19.38
12.19
12.24
73
29.02
FCF yield (avg)%
0.40
3.06
2.87
2.36
0.75
0.40
0.40
0.42
0.84
0.40
12.45
0.40
0.58
21
27.37
FCF margin%
11.09
11.32
13.65
11.59
13.01
12.76
10.08
10.04
8.74
9.69
21.74
10.04
11.21
26
0.821
FCF / Net incomex
1.232
1.088
0.961
0.898
0.792
0.788
0.778
0.814
0.784
0.850
1.389
0.788
0.832
54
17.19
ROIC%
21.92
23.26
24.49
26.05
27.34
27.61
29.62
30.33
30.76
33.51
5.68
30.33
27.47
56
24.94
Return on equity%
17.69
15.46
14.04
16.67
15.00
16.80
18.18
18.70
20.94
19.31
10.26
18.70
17.24
89
25.87
Return on assets%
3.40
5.64
5.01
2.52
1.30
4.09
5.92
4.50
2.60
5.51
18.20
4.50
4.30
39
0.35
EPSNT$
0.66
0.80
0.80
0.88
0.97
1.14
1.25
1.33
1.61
1.64
0.37
11.18%
9.68%
—
21.46
EPS growth%
0.40
0.40
2.57
1.13
0.40
3.11
4.33
2.86
5.34
6.79
28.99
4.33
2.72
79
0.17
Bookvalue per shNT$
0.84
0.92
1.04
1.07
1.17
1.27
1.34
1.37
1.41
1.60
0.36
6.44%
7.54%
—
0.30
FCF per shareNT$
0.19
0.22
0.23
0.22
0.24
0.26
0.30
0.30
0.30
0.32
0.49
5.97%
4.93%
—
0.84
Dividend per shNT$
0.26
0.25
0.28
0.32
0.33
0.35
0.38
0.37
0.38
0.37
0.70
1.98%
2.79%
—
27.00
Div yield (avg)%
13.76
13.41
14.16
16.50
16.81
14.91
11.96
10.62
9.70
10.93
3.43
10.93
13.58
6
24.61
Payout ratio%
17.55
15.34
14.02
15.97
14.17
11.24
13.47
12.32
13.27
13.25
7.56
13.25
13.75
88
70.51
Shares (diluted)M
82.11
84.90
88.27
84.59
87.13
88.88
91.46
89.67
102.4
110.6
71.09
4.89%
2.81%
64
13.55
Buyback yield%
25.91
23.67
22.81
24.05
21.66
24.21
21.65
19.28
21.14
23.99
26.29
21.65
23.24
73
1.140
D/E ratiox
0.512
0.526
0.464
0.405
0.423
0.402
0.350
0.379
0.347
0.325
1.355
0.350
0.404
83
70.14
Enterprise valueNT$M
58.26
60.31
57.48
57.12
66.23
72.51
73.31
79.92
82.33
94.92
106.2
7.46%
6.22%
33
41.28
LT debtNT$M
124.3
138.1
147.6
141.6
134.5
121.0
122.9
135.4
123.2
132.7
112.2
(0.27%)
—
7
Cost of revenue
4.68%
1.00×
Operating expenses
5.23%
1.05×
Cash and investments
17.62%
Spread over hurdle
(0.27%)