289.4
RevenueNT$M
227.7
240.9
258.5
282.2
302.4
320.8
338.9
364.7
396.5
423.2
322.1
6.95%
7.13%
79
17.29
Revenue growth%
2.28
0.40
2.24
3.90
1.76
0.70
0.40
0.40
0.40
0.40
25.14
0.40
0.55
63
29.60
Gross margin%
18.41
17.11
19.99
21.77
23.44
24.36
24.55
27.50
27.41
29.72
12.69
27.41
23.90
49
7.52
Operating margin%
8.12
7.20
7.22
4.64
4.01
3.28
5.13
7.51
8.62
5.98
25.64
5.98
6.59
54
28.86
Net margin%
11.47
11.22
10.54
10.90
13.55
14.21
12.29
10.19
12.69
14.54
14.76
12.69
11.88
92
31.62
P/E ratio (avg)x
12.62
13.66
13.57
14.17
16.06
16.76
18.95
18.91
18.22
17.00
20.79
18.22
16.41
57
13.62
EV/EBITx
10.37
11.02
9.883
10.21
9.012
8.852
7.556
7.963
7.435
6.619
22.01
7.556
8.932
80
13.39
FCF yield (avg)%
14.11
12.26
11.49
10.80
7.98
7.94
9.02
6.56
8.14
6.50
20.83
7.94
8.58
39
26.84
FCF margin%
2.51
0.65
0.40
0.40
2.78
5.36
6.03
7.96
8.84
7.32
27.61
7.32
4.07
62
0.655
FCF / Net incomex
0.366
0.419
0.389
0.395
0.391
0.420
0.396
0.415
0.420
0.481
1.220
0.420
0.406
22
7.90
ROIC%
17.78
18.05
15.37
12.84
12.45
12.17
10.99
12.98
15.82
13.14
24.74
12.98
13.06
78
27.63
Return on equity%
6.18
6.30
8.71
8.28
7.84
6.19
3.83
6.78
6.75
5.72
2.71
6.19
6.52
38
15.63
Return on assets%
4.31
2.38
3.57
5.27
7.08
7.64
10.55
12.10
12.70
12.87
18.77
12.10
7.36
91
5.10
EPSNT$
1.43
1.67
1.82
1.73
1.99
2.03
2.16
2.50
2.40
2.42
5.21
3.96%
7.04%
—
16.57
EPS growth%
17.64
18.58
16.80
16.89
17.47
14.66
16.37
16.02
13.60
15.22
20.87
15.22
16.59
41
4.47
Bookvalue per shNT$
8.82
9.82
10.46
10.57
11.69
12.36
13.07
14.96
17.66
19.46
0.94
10.72%
8.69%
—
6.04
FCF per shareNT$
1.14
1.02
0.91
0.87
0.91
0.98
0.99
0.89
0.89
0.89
4.91
(0.29%)
(1.47%)
—
4.94
Dividend per shNT$
2.67
2.37
2.15
2.25
2.08
2.11
2.26
2.29
2.43
2.58
3.54
4.46%
—
—
4.78
Div yield (avg)%
24.85
23.72
21.33
22.91
25.72
27.38
30.29
31.69
31.88
31.07
4.70
31.07
26.55
67
23.74
Payout ratio%
26.83
29.51
31.13
31.22
30.56
32.79
35.03
35.50
34.55
33.84
26.93
34.55
32.01
42
56.47
Shares (diluted)M
94.02
107.0
112.8
117.2
115.1
133.3
128.1
128.7
130.4
148.5
54.21
5.23%
5.47%
64
25.34
Buyback yield%
26.55
27.92
25.07
23.10
21.29
23.34
25.04
23.63
23.78
24.04
8.02
23.78
23.91
55
0.678
D/E ratiox
0.741
0.819
0.885
0.952
0.868
0.868
0.866
0.811
0.809
0.839
1.724
0.839
0.853
50
143.6
Enterprise valueNT$M
67.57
63.60
63.21
56.76
57.43
50.04
53.71
50.50
49.10
45.38
74.69
(4.60%)
(5.09%)
31
163.6
LT debtNT$M
24.50
23.80
25.23
22.16
22.58
24.42
22.95
21.66
18.88
17.92
24.83
(4.51%)
(3.86%)
60
Cost of revenue
7.13%
1.00×
Operating expenses
6.77%
0.97×
Property and equipment
14.18%
Spread over hurdle
(1.58%)