236.3
RevenueNT$M
127.3
138.8
149.3
165.3
181.3
191.8
205.6
221.6
245.4
270.9
243.8
8.36%
8.90%
93
26.49
Revenue growth%
26.95
25.84
27.05
29.64
26.90
28.46
25.53
25.53
27.29
25.74
12.87
25.74
26.92
74
3.69
Gross margin%
17.02
14.97
15.59
15.20
12.32
12.94
12.02
10.25
8.78
7.54
25.57
10.25
12.63
61
9.65
Operating margin%
5.25
4.16
4.51
4.41
2.85
2.76
2.99
3.73
2.59
0.40
5.01
2.76
3.36
81
6.75
Net margin%
8.49
10.05
11.32
8.45
5.51
6.74
4.52
3.30
2.99
3.77
15.67
3.77
6.12
90
21.76
P/E ratio (avg)x
46.91
53.92
57.36
53.82
52.61
58.57
64.16
67.79
65.68
65.21
36.71
65.21
57.96
35
20.94
EV/EBITx
7.080
6.225
6.008
5.807
6.222
6.449
6.737
6.326
5.870
6.302
15.42
6.326
6.263
57
7.19
FCF yield (avg)%
11.49
9.92
10.38
8.25
9.87
9.64
8.30
10.93
11.88
14.54
12.68
10.93
10.15
93
18.41
FCF margin%
5.33
4.89
6.30
8.52
11.35
11.18
10.75
12.17
15.05
16.62
16.14
12.17
10.96
50
1.241
FCF / Net incomex
0.803
0.872
0.855
0.905
1.008
1.055
1.185
1.324
1.460
1.421
1.247
1.324
1.031
70
16.24
ROIC%
4.77
7.15
8.21
10.29
8.73
10.09
8.35
8.66
11.58
9.34
20.71
9.34
8.70
25
14.20
Return on equity%
8.02
6.19
6.27
7.07
6.99
5.89
4.43
6.38
9.13
8.17
12.79
6.38
6.68
67
3.96
Return on assets%
11.42
9.03
10.39
12.92
10.89
12.28
10.06
11.50
12.39
13.85
18.31
12.28
11.46
51
1.97
EPSNT$
3.49
3.74
3.34
3.64
3.19
3.44
3.70
3.55
3.04
3.19
2.13
0.03%
(0.82%)
—
12.00
EPS growth%
8.04
9.69
7.78
9.13
7.53
10.32
10.04
10.05
9.12
8.28
16.09
10.04
9.12
82
2.79
Bookvalue per shNT$
4.54
4.84
5.15
4.91
5.04
5.82
6.57
7.45
7.47
7.55
2.74
8.41%
6.67%
—
1.03
FCF per shareNT$
3.43
3.41
2.93
2.67
2.51
2.23
1.91
2.06
1.84
1.76
3.64
(6.80%)
(6.43%)
—
3.54
Dividend per shNT$
0.96
1.07
1.18
1.29
1.44
1.52
1.55
1.69
1.90
1.99
0.81
6.70%
8.35%
—
15.68
Div yield (avg)%
25.03
27.98
26.29
28.14
26.98
24.78
26.76
27.41
27.08
26.39
19.36
26.76
26.87
19
10.49
Payout ratio%
19.80
19.33
20.72
23.53
26.35
28.38
27.90
30.06
29.83
28.13
14.60
28.38
27.13
57
39.07
Shares (diluted)M
59.01
68.81
73.28
80.55
90.89
95.97
91.55
91.97
102.2
99.21
37.00
1.77%
6.06%
49
22.78
Buyback yield%
9.88
7.79
7.18
4.36
4.16
5.15
6.51
8.72
8.48
5.72
25.16
6.51
6.84
40
0.268
D/E ratiox
2.875
3.370
3.821
4.144
4.965
5.951
5.918
6.465
6.977
7.847
0.151
6.465
5.442
51
283.7
Enterprise valueNT$M
112.2
103.2
110.6
114.4
113.0
125.7
122.4
119.6
132.3
143.5
227.9
4.90%
2.97%
10
145.8
LT debtNT$M
406.8
470.2
455.6
443.3
501.9
509.0
598.6
650.1
721.3
779.1
26.21
9.19%
7.13%
30
Cost of revenue
8.76%
0.99×
Operating expenses
9.36%
1.04×
Cash and investments
19.27%
Goodwill & intangibles
18.85%
Spread over hurdle
(1.14%)