355.4
RevenueNT$M
280.8
305.4
327.8
354.3
373.9
396.0
416.8
447.5
485.0
521.6
382.5
6.88%
6.88%
7
6.01
Revenue growth%
10.29
11.74
10.32
7.68
8.07
7.20
7.12
8.77
10.28
11.14
8.05
8.77
9.52
26
27.56
Gross margin%
9.90
8.99
11.84
11.97
10.60
11.79
13.24
12.31
9.83
11.13
22.72
11.79
11.46
48
10.03
Operating margin%
17.29
20.05
22.94
24.04
22.89
23.40
21.73
22.04
19.14
21.40
9.44
21.73
21.88
45
26.94
Net margin%
10.93
8.46
10.46
9.78
11.22
14.06
16.95
19.25
21.71
22.61
20.35
19.25
12.64
30
26.67
P/E ratio (avg)x
24.45
28.25
30.96
30.14
32.36
34.52
33.87
35.12
35.94
37.55
35.95
35.12
33.12
80
20.29
EV/EBITx
62.15
70.48
70.48
72.88
83.58
88.50
98.18
114.9
115.2
133.2
7.666
114.9
86.04
93
27.11
FCF yield (avg)%
18.68
19.81
22.06
21.07
22.29
21.43
21.80
19.18
19.12
18.74
8.69
19.18
20.44
28
19.64
FCF margin%
12.50
13.62
15.37
17.86
20.13
19.56
17.03
19.41
19.07
19.80
9.26
19.41
18.47
7
1.018
FCF / Net incomex
1.764
1.722
1.669
1.737
1.927
2.027
2.068
2.224
2.600
2.514
0.936
2.224
1.977
46
25.66
ROIC%
23.13
21.94
19.25
17.29
14.66
13.90
12.77
11.44
9.73
8.88
6.72
11.44
14.28
61
26.75
Return on equity%
28.23
25.28
26.79
24.12
25.89
27.02
28.79
31.49
30.85
30.08
6.58
30.08
27.63
64
19.63
Return on assets%
36.91
35.38
38.10
39.03
39.06
36.78
37.68
36.67
38.86
39.77
7.07
37.68
37.89
78
1.81
EPSNT$
2.40
2.51
2.16
2.19
2.05
2.00
1.91
1.66
1.55
1.49
1.97
(6.16%)
(3.99%)
—
21.77
EPS growth%
9.60
10.66
13.61
13.78
16.12
17.74
17.84
16.05
18.76
19.57
22.57
17.84
16.09
8
1.72
Bookvalue per shNT$
1.98
2.05
2.25
2.47
2.54
2.80
2.76
3.06
2.86
3.12
1.85
4.20%
5.79%
—
2.78
FCF per shareNT$
6.41
6.43
6.52
7.49
7.69
7.88
8.25
9.76
10.59
12.26
2.73
9.77%
7.76%
—
3.08
Dividend per shNT$
2.91
3.37
3.55
3.70
4.38
4.55
5.30
5.28
5.17
5.85
3.24
5.95%
6.84%
—
11.25
Div yield (avg)%
24.82
27.56
24.73
23.37
24.67
25.08
23.76
20.94
18.99
19.84
17.86
20.94
24.21
44
27.50
Payout ratio%
0.83
0.40
0.40
0.40
0.40
0.40
2.49
0.96
0.40
0.40
22.11
0.40
0.40
70
59.72
Shares (diluted)M
90.95
99.48
113.3
122.4
139.6
166.6
166.1
159.3
164.5
163.5
59.73
3.21%
6.01%
44
3.72
Buyback yield%
26.79
28.24
30.20
31.42
30.06
32.40
31.37
31.23
28.35
26.99
17.69
31.23
30.13
89
1.100
D/E ratiox
0.497
0.493
0.487
0.502
0.537
0.556
0.611
0.596
0.677
0.738
0.946
0.611
0.547
88
47.02
Enterprise valueNT$M
86.62
78.73
69.48
75.19
75.15
72.08
67.89
72.15
68.13
70.93
306.3
(1.15%)
(1.43%)
94
32.26
LT debtNT$M
205.3
223.7
226.6
212.2
207.8
205.3
202.7
201.0
222.6
220.6
406.6
1.20%
(0.02%)
44
Cost of revenue
6.88%
1.00×
Operating expenses
7.53%
1.06×
Property and equipment
17.95%
Cash and investments
15.19%
Spread over hurdle
11.29%