512.4
RevenueNT$M
421.4
466.9
498.9
552.2
607.6
669.7
731.8
786.3
841.7
900.1
554.8
8.18%
8.74%
20
29.86
Revenue growth%
5.94
4.83
4.05
2.52
5.00
4.54
2.85
3.53
2.97
1.71
3.93
2.97
3.79
33
22.98
Gross margin%
4.79
3.92
6.14
6.73
5.51
7.11
7.60
8.34
10.38
12.64
25.45
8.34
6.92
46
16.53
Operating margin%
13.39
12.33
13.93
12.95
15.93
17.91
16.91
19.46
20.45
19.21
17.46
19.21
16.42
51
13.86
Net margin%
19.83
17.88
15.39
16.48
14.31
12.34
14.30
12.44
10.79
10.22
13.68
12.34
14.30
67
27.00
P/E ratio (avg)x
29.05
32.51
31.37
36.42
36.20
40.60
47.49
44.53
44.84
52.46
14.51
44.84
38.51
77
10.98
EV/EBITx
25.69
26.11
27.44
26.56
26.81
26.65
25.37
23.89
21.10
19.30
9.355
23.89
25.90
70
12.36
FCF yield (avg)%
12.33
10.35
12.37
12.02
9.99
9.65
12.61
10.09
11.40
14.00
14.92
11.40
11.71
47
23.31
FCF margin%
17.20
18.40
19.96
19.32
16.42
18.35
21.31
19.36
19.98
17.55
7.26
19.36
18.86
44
1.492
FCF / Net incomex
1.001
1.094
1.161
1.183
1.165
1.286
1.477
1.661
1.648
1.843
0.493
1.648
1.234
85
14.67
ROIC%
11.36
9.00
11.28
11.28
12.12
15.03
15.27
13.29
11.34
14.26
21.36
14.26
11.74
51
28.52
Return on equity%
25.05
27.17
24.83
24.69
22.08
22.56
21.47
21.20
18.98
20.01
7.30
21.20
22.32
79
29.76
Return on assets%
18.92
21.02
22.26
19.44
20.50
21.88
22.07
23.20
25.44
22.53
13.69
22.53
21.98
16
3.21
EPSNT$
1.92
2.19
2.45
2.77
2.52
2.81
2.74
2.79
3.00
2.82
3.33
2.28%
4.41%
—
4.57
EPS growth%
2.95
1.73
0.40
0.40
0.40
0.72
0.40
0.57
1.96
3.73
23.90
0.72
0.64
76
5.84
Bookvalue per shNT$
5.44
5.56
6.23
6.19
6.64
6.73
7.65
7.53
8.05
8.97
1.94
6.21%
4.76%
—
4.70
FCF per shareNT$
3.22
3.68
3.69
4.16
4.39
4.25
4.15
4.50
4.57
5.37
4.87
4.12%
6.38%
—
1.57
Dividend per shNT$
6.43
6.38
7.34
7.31
8.22
9.93
11.08
13.37
14.41
16.78
3.68
15.33%
10.65%
—
16.06
Div yield (avg)%
20.59
19.92
20.10
18.64
17.28
19.34
16.92
19.65
16.86
18.33
26.93
18.33
18.99
80
2.04
Payout ratio%
18.05
17.99
20.83
21.67
20.14
19.81
19.22
17.44
17.43
14.85
23.84
17.44
18.64
25
103.3
Shares (diluted)M
116.7
134.8
155.6
163.2
161.6
163.0
161.2
170.1
181.9
198.4
102.2
4.19%
4.93%
59
14.87
Buyback yield%
20.41
21.68
20.02
22.64
21.27
22.60
22.19
24.06
21.40
22.66
5.38
22.60
21.93
95
0.666
D/E ratiox
1.851
2.090
2.009
1.889
2.105
2.289
2.478
2.528
2.304
2.514
0.433
2.478
2.197
6
0.092
Enterprise valueNT$B
0.577
0.664
0.715
0.745
0.853
0.872
1.027
1.030
1.171
1.170
0.171
6.51%
7.02%
18
545.9
LT debtNT$M
549.2
590.4
527.5
470.8
454.8
466.3
500.6
548.9
486.9
511.9
66.55
2.39%
(0.86%)
91
Cost of revenue
8.74%
1.00×
Operating expenses
8.02%
0.94×
Goodwill & intangibles
16.43%
Spread over hurdle
73.11%