40.07
RevenueNT$M
113.9
118.5
126.2
135.0
145.2
152.4
158.8
168.0
173.0
185.3
42.85
5.00%
5.74%
47
27.81
Revenue growth%
11.12
9.84
6.89
5.82
4.15
5.25
7.29
5.97
3.29
1.83
15.97
5.25
5.90
28
9.38
Gross margin%
22.37
21.31
23.19
24.38
25.03
24.58
22.59
23.23
22.92
22.79
8.06
22.92
23.05
88
20.72
Operating margin%
20.80
17.88
18.02
15.50
16.18
17.63
16.34
18.70
18.85
16.70
23.44
17.63
17.75
62
12.69
Net margin%
23.40
24.16
23.25
24.55
26.31
27.82
24.97
26.30
26.20
24.60
12.36
26.20
24.79
53
17.43
P/E ratio (avg)x
29.64
31.94
33.15
37.16
36.76
39.62
46.25
49.71
50.99
52.96
37.48
49.71
38.39
47
18.63
EV/EBITx
13.07
13.76
13.58
13.11
14.61
14.33
16.81
19.67
22.02
25.86
21.55
19.67
14.47
58
4.78
FCF yield (avg)%
5.56
2.62
0.40
0.40
0.61
0.93
1.70
1.28
0.40
0.40
25.99
0.93
0.77
40
14.01
FCF margin%
15.88
15.16
12.23
11.35
11.26
9.69
8.20
6.59
8.64
10.77
2.88
8.64
11.02
70
1.412
FCF / Net incomex
0.203
0.176
0.188
0.176
0.183
0.176
0.181
0.154
0.150
0.146
1.748
0.154
0.176
68
20.86
ROIC%
2.11
1.27
4.07
1.72
0.63
3.57
2.80
3.86
3.01
3.15
19.04
3.15
2.91
57
15.65
Return on equity%
12.37
9.91
9.08
11.83
11.98
10.21
7.27
7.89
6.63
7.36
7.45
7.36
9.50
88
4.74
Return on assets%
13.64
12.93
11.61
10.06
10.48
10.86
8.93
9.62
7.30
5.30
25.73
8.93
10.27
9
0.78
EPSNT$
0.70
0.70
0.68
0.77
0.84
0.98
1.16
1.38
1.35
1.38
0.83
10.40%
7.98%
—
15.62
EPS growth%
17.59
19.19
16.95
15.11
17.16
17.79
19.45
21.67
20.70
22.33
6.35
20.70
18.49
6
2.16
Bookvalue per shNT$
0.97
0.97
0.99
1.17
1.29
1.32
1.53
1.61
1.80
1.83
1.41
7.27%
6.34%
—
1.30
FCF per shareNT$
2.03
1.99
2.19
2.33
2.55
2.91
3.14
3.14
3.17
3.26
0.76
5.05%
5.29%
—
0.41
Dividend per shNT$
2.47
2.65
2.90
2.95
3.48
3.36
3.48
4.15
4.81
4.78
0.92
6.58%
7.79%
—
18.48
Div yield (avg)%
16.61
13.94
16.37
18.98
17.54
16.47
14.69
15.71
16.45
14.29
22.10
15.71
16.41
10
12.38
Payout ratio%
14.98
13.98
15.21
17.34
16.09
13.75
14.34
14.41
13.90
12.08
23.25
13.90
14.37
79
47.71
Shares (diluted)M
50.96
49.74
51.51
49.27
50.07
43.58
47.07
42.15
38.02
34.00
47.77
(7.45%)
(3.69%)
86
4.03
Buyback yield%
20.14
20.23
20.97
23.82
21.02
23.37
21.99
19.78
19.14
16.60
19.72
19.78
20.60
43
1.426
D/E ratiox
0.898
0.963
1.073
1.056
1.089
1.130
1.040
1.110
1.010
1.031
1.302
1.040
1.048
29
116.7
Enterprise valueNT$M
120.4
133.0
127.7
132.0
144.4
157.7
180.1
200.6
219.6
213.2
107.0
8.11%
7.21%
62
23.81
LT debtNT$M
89.63
98.79
100.9
108.3
118.0
120.3
119.7
123.1
134.3
128.5
107.6
1.72%
4.56%
51
Cost of revenue
5.73%
1.00×
Operating expenses
5.67%
0.99×
Goodwill & intangibles
18.65%
Property and equipment
14.82%
Spread over hurdle
10.88%