31.34
RevenueNT$M
124.0
126.5
133.0
135.7
139.6
143.8
152.0
155.3
164.4
173.2
32.99
4.42%
3.64%
17
5.99
Revenue growth%
17.92
19.05
16.60
18.74
19.34
20.73
17.83
18.88
19.23
17.55
13.73
18.88
18.81
19
7.24
Gross margin%
26.90
24.39
24.25
24.79
25.29
23.95
22.44
20.35
21.39
18.49
5.27
21.39
24.10
14
13.69
Operating margin%
5.96
6.01
7.46
5.53
6.53
6.96
8.20
6.01
8.79
7.83
3.15
7.83
6.75
88
13.58
Net margin%
13.73
13.49
11.03
10.11
12.31
14.63
14.50
13.58
13.91
12.19
18.16
13.91
13.53
67
30.69
P/E ratio (avg)x
18.01
17.30
18.87
17.82
17.07
17.01
16.75
19.21
20.84
21.22
16.60
19.21
17.91
90
26.47
EV/EBITx
12.05
10.51
9.668
8.834
9.565
9.734
10.33
9.206
9.709
9.375
30.49
9.709
9.689
79
29.93
FCF yield (avg)%
14.30
15.82
16.10
14.40
14.96
15.14
12.96
10.21
10.73
12.42
6.87
12.42
14.35
71
9.07
FCF margin%
16.77
14.94
11.97
14.25
12.22
10.84
8.65
8.07
10.27
10.83
7.32
10.27
11.40
7
0.458
FCF / Net incomex
0.305
0.335
0.364
0.397
0.350
0.355
0.393
0.398
0.370
0.366
1.517
0.370
0.365
38
27.47
ROIC%
17.27
16.83
16.05
14.91
12.35
14.21
12.21
12.46
10.61
9.75
13.06
12.21
13.33
35
9.83
Return on equity%
18.93
18.85
18.29
15.50
15.78
14.81
16.46
13.85
13.99
14.71
4.55
14.71
15.64
36
2.30
Return on assets%
2.36
0.90
0.40
0.79
0.40
0.40
3.03
2.73
1.70
4.46
5.50
2.73
1.30
24
0.55
EPSNT$
1.16
1.19
1.13
1.11
1.18
1.15
1.10
1.07
1.07
0.91
0.59
(4.95%)
(2.29%)
—
16.92
EPS growth%
22.84
20.25
18.17
18.59
16.27
14.28
12.68
14.95
14.56
14.33
19.91
14.33
15.61
8
0.87
Bookvalue per shNT$
1.59
1.73
1.96
2.13
2.05
2.08
2.04
2.32
2.53
2.92
0.80
7.32%
8.17%
—
0.77
FCF per shareNT$
0.34
0.40
0.47
0.50
0.51
0.55
0.56
0.62
0.71
0.84
0.83
10.84%
10.18%
—
0.88
Dividend per shNT$
1.42
1.26
1.38
1.48
1.32
1.27
1.17
1.01
0.97
1.04
0.65
(4.59%)
(3.80%)
—
27.11
Div yield (avg)%
26.72
24.17
25.82
23.94
24.60
22.83
25.38
27.54
29.19
32.08
27.91
27.54
25.60
63
20.21
Payout ratio%
15.21
16.54
19.06
16.19
14.88
13.91
16.04
18.70
19.68
21.24
15.15
18.70
16.36
28
50.14
Shares (diluted)M
41.37
44.71
39.86
36.52
32.99
33.24
30.29
26.75
23.17
22.63
48.98
(7.27%)
(6.80%)
74
9.72
Buyback yield%
29.70
29.60
30.47
31.56
33.18
32.85
35.15
32.81
34.10
31.41
14.48
32.85
32.19
61
1.101
D/E ratiox
1.932
1.909
1.919
1.912
2.256
2.676
2.959
2.944
3.220
3.314
1.086
2.959
2.466
9
52.70
Enterprise valueNT$M
80.80
88.14
97.44
91.13
104.4
115.0
129.1
134.3
135.4
127.1
99.56
4.02%
5.88%
74
115.8
LT debtNT$M
77.18
72.75
69.65
76.06
70.53
63.09
58.34
57.09
56.95
59.70
132.1
(3.28%)
(2.75%)
88
Cost of revenue
3.62%
1.00×
Operating expenses
3.40%
0.98×
Spread over hurdle
24.74%