45.71
RevenueNT$M
292.5
291.5
295.5
299.1
307.1
311.2
320.8
332.5
331.3
327.7
49.18
1.31%
1.49%
82
26.23
Revenue growth%
25.69
27.90
26.17
26.94
29.90
31.82
29.85
32.13
32.79
35.15
2.33
32.13
29.88
56
18.71
Gross margin%
6.63
6.92
8.92
10.88
11.28
10.26
10.65
11.23
9.35
12.30
28.84
10.65
10.46
13
25.52
Operating margin%
27.59
25.72
24.17
23.88
22.61
21.41
21.57
21.44
24.36
24.26
25.91
21.57
24.03
62
10.47
Net margin%
30.06
28.73
30.09
29.92
31.29
33.34
30.48
29.68
26.75
26.18
3.34
29.68
29.99
25
35.91
P/E ratio (avg)x
40.66
41.02
41.49
46.00
49.46
50.68
52.85
59.26
67.85
74.20
15.60
59.26
50.07
24
23.54
EV/EBITx
32.20
35.01
37.31
40.36
47.76
53.68
65.13
67.32
67.90
75.54
33.84
67.32
50.72
69
19.60
FCF yield (avg)%
12.81
12.93
9.99
11.81
9.42
11.24
13.19
15.60
16.98
14.18
27.05
14.18
12.87
25
2.60
FCF margin%
13.96
11.08
9.19
8.43
9.91
12.30
15.00
17.56
18.98
20.27
18.61
17.56
13.13
25
0.837
FCF / Net incomex
1.430
1.366
1.174
1.073
1.103
0.967
0.914
0.964
0.981
0.895
1.033
0.964
1.027
56
13.36
ROIC%
7.22
6.20
6.48
4.27
3.66
6.18
6.19
6.31
5.44
6.55
26.79
6.19
6.19
13
4.72
Return on equity%
4.16
3.68
3.20
1.73
3.05
4.28
6.60
4.27
4.25
6.58
26.48
4.28
4.21
10
4.92
Return on assets%
32.61
30.52
28.28
28.40
30.15
28.89
26.98
27.61
30.54
30.91
6.39
28.89
29.52
78
0.31
EPSNT$
1.24
1.20
1.24
1.22
1.39
1.64
1.81
2.05
2.39
2.53
0.35
12.78%
7.88%
—
29.24
EPS growth%
13.80
15.92
13.97
13.29
14.71
13.42
10.72
8.93
10.44
13.38
24.81
10.72
13.40
29
0.62
Bookvalue per shNT$
0.22
0.20
0.21
0.23
0.22
0.21
0.20
0.22
0.20
0.19
0.97
(3.50%)
(1.12%)
—
0.95
FCF per shareNT$
0.88
0.94
0.97
1.01
1.12
1.11
1.22
1.35
1.40
1.35
0.85
3.71%
4.59%
—
1.32
Dividend per shNT$
0.80
0.73
0.78
0.80
0.79
0.76
0.79
0.82
0.83
0.84
1.03
1.13%
0.57%
—
4.23
Div yield (avg)%
36.74
34.70
37.16
34.18
36.00
37.92
38.11
37.91
40.87
40.03
16.23
38.11
37.53
28
27.50
Payout ratio%
16.57
15.94
17.64
20.28
17.58
17.26
20.09
21.16
20.92
20.56
17.03
20.56
18.86
45
108.4
Shares (diluted)M
132.3
128.5
136.4
148.1
141.8
147.2
133.7
123.5
114.4
119.7
107.7
(3.33%)
(0.74%)
41
17.11
Buyback yield%
16.30
14.38
14.86
17.51
16.46
14.49
13.19
10.34
9.73
9.79
27.34
10.34
14.44
54
1.771
D/E ratiox
0.775
0.707
0.769
0.845
0.902
0.973
0.956
0.868
0.900
0.996
0.612
0.956
0.884
38
82.85
Enterprise valueNT$M
369.6
408.7
383.1
416.9
396.9
376.7
428.3
458.1
458.6
478.6
255.8
3.81%
3.91%
34
96.33
LT debtNT$M
78.53
78.09
72.65
68.52
74.33
80.25
78.53
85.70
88.19
82.24
55.55
2.04%
0.07%
64
Cost of revenue
1.22%
0.97×
Operating expenses
2.23%
1.08×
Property and equipment
19.06%
Spread over hurdle
34.05%