229.8
RevenueNT$M
152.9
168.4
179.1
190.4
202.5
220.8
240.5
258.6
278.1
298.0
255.1
8.03%
7.79%
79
17.46
Revenue growth%
11.27
13.88
13.40
13.39
12.23
12.21
13.35
10.76
10.23
8.62
12.33
10.76
12.22
39
16.30
Gross margin%
11.69
11.92
13.06
10.52
8.61
10.80
11.04
8.41
6.94
6.72
6.82
8.41
10.66
29
18.21
Operating margin%
30.07
30.70
33.11
35.42
37.85
35.05
37.36
34.60
37.36
37.58
12.07
37.36
35.24
19
27.13
Net margin%
15.14
16.03
13.19
14.72
17.12
19.22
20.16
19.18
19.56
18.08
28.00
19.22
17.60
9
23.48
P/E ratio (avg)x
9.224
9.379
9.062
9.632
10.31
10.78
10.76
11.00
12.66
14.39
35.67
11.00
10.53
10
31.41
EV/EBITx
30.08
33.43
36.81
36.23
39.65
40.89
48.63
53.35
56.15
57.27
35.21
53.35
40.27
84
15.93
FCF yield (avg)%
27.63
29.10
26.31
24.85
27.33
25.04
24.35
21.84
21.96
23.25
4.01
23.25
24.94
38
4.11
FCF margin%
26.56
28.42
30.21
29.66
26.91
29.80
32.39
33.66
32.45
29.56
2.66
32.39
29.73
30
0.918
FCF / Net incomex
0.606
0.635
0.640
0.651
0.678
0.630
0.615
0.671
0.750
0.853
1.506
0.671
0.645
31
22.97
ROIC%
6.03
6.87
5.70
8.34
5.60
5.27
5.91
6.81
7.76
10.10
4.96
6.81
6.42
56
7.02
Return on equity%
21.88
24.71
27.29
25.40
22.91
20.03
22.73
19.78
19.71
20.72
19.28
20.03
22.30
32
10.39
Return on assets%
20.61
23.14
21.70
20.89
22.40
20.51
18.68
16.43
18.09
16.04
24.53
18.09
20.56
69
2.08
EPSNT$
1.97
2.06
2.05
1.89
1.76
1.87
2.02
2.21
2.02
2.25
2.32
4.96%
0.38%
—
6.81
EPS growth%
28.01
28.46
27.73
30.51
27.70
27.02
26.40
25.51
22.59
23.52
22.74
25.51
27.36
93
2.14
Bookvalue per shNT$
2.72
2.76
3.04
3.34
3.53
3.09
3.36
3.21
3.03
2.76
1.43
(4.80%)
(0.12%)
—
1.29
FCF per shareNT$
0.90
0.94
0.86
0.84
0.74
0.78
0.78
0.77
0.72
0.71
1.96
(0.76%)
(2.12%)
—
1.01
Dividend per shNT$
1.61
1.50
1.45
1.59
1.40
1.54
1.47
1.37
1.33
1.47
1.04
0.89%
(1.41%)
—
22.18
Div yield (avg)%
0.40
3.36
1.65
3.25
0.40
2.17
4.64
6.60
5.07
7.54
23.35
5.07
3.30
87
7.57
Payout ratio%
17.20
15.54
14.43
14.37
16.47
14.25
12.16
13.34
10.90
11.06
21.60
12.16
14.31
61
67.42
Shares (diluted)M
98.48
93.96
90.67
88.11
83.67
84.42
97.13
97.75
98.06
104.6
68.79
4.56%
2.03%
81
13.52
Buyback yield%
0.40
0.40
2.43
5.24
7.57
6.81
5.62
7.57
5.38
7.37
20.92
6.81
5.50
67
1.635
D/E ratiox
0.384
0.434
0.451
0.468
0.456
0.469
0.525
0.511
0.536
0.569
0.144
0.525
0.468
92
184.5
Enterprise valueNT$M
167.6
143.3
146.0
129.1
125.2
127.7
112.5
107.4
111.8
116.9
156.5
(1.36%)
(3.98%)
68
159.4
LT debtNT$M
92.24
105.5
123.9
139.9
159.4
157.3
171.5
188.2
186.9
190.5
162.4
3.64%
8.23%
50
Cost of revenue
7.82%
1.00×
Operating expenses
7.16%
0.94×
Property and equipment
15.80%
Cash and investments
15.43%
Spread over hurdle
23.64%