380.1
RevenueNT$M
365.9
387.9
414.0
429.4
457.5
487.9
529.3
549.7
584.7
617.8
423.9
6.19%
6.06%
69
27.66
Revenue growth%
21.47
20.52
20.52
18.66
21.46
19.62
18.80
20.22
23.09
24.58
24.27
20.22
20.52
47
11.75
Gross margin%
14.92
12.61
15.49
15.56
13.46
11.33
9.04
10.21
12.54
10.64
21.50
10.64
12.58
61
13.50
Operating margin%
7.53
7.65
6.47
6.49
4.25
5.33
6.13
5.88
8.32
8.89
3.67
6.13
6.48
27
21.78
Net margin%
0.40
1.32
3.25
1.84
1.63
3.26
2.61
0.40
3.37
4.73
6.03
3.26
2.23
82
25.05
P/E ratio (avg)x
54.27
58.32
61.04
68.81
82.39
86.55
103.9
116.2
113.4
133.6
6.584
113.4
84.47
57
29.22
EV/EBITx
28.88
29.15
25.65
27.51
29.05
30.92
32.49
33.33
32.94
33.99
26.60
32.94
30.03
26
6.58
FCF yield (avg)%
15.02
15.71
16.56
15.27
17.82
18.31
18.19
15.88
13.32
12.84
23.45
15.88
15.79
25
7.56
FCF margin%
9.90
9.98
12.67
14.90
13.39
12.58
9.86
10.74
13.48
13.93
19.69
12.58
12.63
74
0.971
FCF / Net incomex
0.582
0.595
0.654
0.658
0.623
0.569
0.571
0.620
0.627
0.667
1.675
0.620
0.621
94
21.02
ROIC%
24.15
24.60
25.02
26.02
23.46
25.95
23.07
22.60
25.03
22.91
2.39
23.07
24.38
79
27.24
Return on equity%
23.81
22.73
24.17
21.87
20.62
18.16
16.67
17.14
14.56
14.03
3.12
16.67
19.39
92
27.91
Return on assets%
14.23
16.49
14.48
11.50
11.72
11.76
11.10
8.62
7.56
10.06
11.93
10.06
11.61
86
4.71
EPSNT$
0.86
0.92
0.90
0.82
0.91
0.90
0.85
0.90
0.99
1.08
5.15
3.46%
2.50%
—
15.02
EPS growth%
19.18
19.62
19.77
18.45
18.82
19.57
17.75
15.79
18.49
20.02
13.90
18.49
19.00
24
3.63
Bookvalue per shNT$
6.93
7.54
8.40
9.83
11.62
12.55
13.34
16.03
19.03
19.89
2.67
11.35%
12.15%
—
3.77
FCF per shareNT$
2.95
3.44
3.72
3.73
3.98
4.20
4.49
4.78
5.30
5.23
3.09
5.61%
5.52%
—
0.99
Dividend per shNT$
1.81
2.10
2.42
2.44
2.79
3.19
3.57
4.01
4.20
4.62
1.00
10.61%
9.19%
—
10.54
Div yield (avg)%
23.21
23.04
23.88
23.64
22.60
22.33
19.41
19.23
18.00
18.62
16.55
19.23
22.46
91
21.38
Payout ratio%
20.30
17.83
19.54
17.05
17.80
16.42
16.49
14.04
11.70
10.73
18.82
14.04
16.77
86
48.51
Shares (diluted)M
44.45
48.24
45.13
45.17
45.33
46.99
42.50
44.49
41.76
45.01
46.40
(0.14%)
0.87%
10
24.00
Buyback yield%
16.68
18.79
21.67
22.48
21.15
23.76
25.44
28.11
26.43
27.38
6.46
26.43
23.12
27
1.798
D/E ratiox
1.317
1.213
1.311
1.357
1.348
1.403
1.394
1.397
1.282
1.397
1.326
1.397
1.352
15
0.570
Enterprise valueNT$B
0.457
0.548
0.600
0.649
0.763
0.870
1.011
1.193
1.221
1.236
0.160
10.12%
10.21%
27
485.6
LT debtNT$M
376.3
403.0
432.2
460.7
486.8
506.3
581.4
618.4
707.0
683.5
536.3
7.02%
5.83%
88
Cost of revenue
5.97%
0.99×
Operating expenses
5.82%
0.98×
Cash and investments
18.25%
Spread over hurdle
14.69%