224.9
RevenueNT$M
250.3
252.5
256.3
256.0
266.7
266.8
267.6
278.9
289.8
302.7
241.5
2.56%
2.00%
45
5.87
Revenue growth%
25.11
23.13
21.77
24.34
24.17
26.25
23.60
23.87
26.60
24.22
25.03
24.22
24.19
92
7.14
Gross margin%
12.78
12.11
12.23
9.26
9.65
6.68
4.92
4.44
6.02
6.88
13.75
6.02
8.07
67
5.22
Operating margin%
13.80
14.76
12.89
15.03
12.77
14.72
13.67
12.24
10.47
8.86
15.78
12.24
13.28
30
28.42
Net margin%
0.86
1.34
0.40
0.40
3.32
3.89
2.88
3.29
0.56
0.45
28.61
2.88
1.10
14
9.310
P/E ratio (avg)x
38.81
38.63
44.37
44.61
43.87
50.83
59.23
63.94
61.65
66.45
32.69
61.65
47.72
20
35.78
EV/EBITx
17.59
19.48
18.69
18.16
18.48
18.79
17.93
17.51
19.83
22.71
6.566
18.79
18.59
38
10.13
FCF yield (avg)%
25.69
27.00
29.50
30.80
29.28
27.48
28.12
26.90
28.25
25.26
3.27
27.48
27.80
82
2.44
FCF margin%
30.47
33.01
33.74
32.35
31.95
29.44
29.64
32.09
33.35
35.87
15.34
32.09
32.22
84
0.549
FCF / Net incomex
0.710
0.799
0.824
0.892
0.946
0.973
1.053
1.038
1.141
1.195
0.692
1.053
0.960
36
10.79
ROIC%
4.89
2.09
0.40
0.40
2.82
5.59
3.84
6.07
8.80
8.43
25.47
6.07
4.37
20
8.50
Return on equity%
5.10
3.87
3.43
5.48
7.77
6.15
6.91
6.12
6.69
5.92
5.14
6.15
6.02
19
18.11
Return on assets%
21.57
23.00
25.00
22.92
24.95
24.65
22.21
20.23
22.71
25.66
27.80
22.71
22.96
75
1.26
EPSNT$
3.32
3.64
3.79
3.70
3.61
3.90
3.64
3.25
3.63
3.71
1.29
0.51%
0.75%
—
28.40
EPS growth%
0.40
0.40
0.40
2.99
3.70
1.22
3.29
5.53
5.41
7.45
11.88
5.41
3.14
77
1.46
Bookvalue per shNT$
1.28
1.18
1.10
1.08
1.10
1.21
1.13
1.17
1.17
1.05
0.92
(1.00%)
(1.12%)
—
1.67
FCF per shareNT$
4.22
4.10
4.39
4.24
4.22
3.70
3.66
3.69
3.52
3.47
0.89
(3.85%)
(2.62%)
—
2.33
Dividend per shNT$
1.26
1.21
1.23
1.19
1.26
1.28
1.25
1.33
1.21
1.22
1.77
(0.61%)
(0.23%)
—
28.03
Div yield (avg)%
23.39
26.30
27.87
30.38
29.26
30.44
32.23
34.55
33.43
34.83
22.53
33.43
30.41
51
12.04
Payout ratio%
15.75
17.06
15.97
14.86
12.33
11.77
9.92
10.57
8.16
8.06
21.83
9.92
12.05
31
37.28
Shares (diluted)M
36.69
36.08
40.18
36.71
35.27
38.04
41.27
46.59
45.70
48.74
38.49
6.68%
2.92%
94
15.01
Buyback yield%
5.24
3.75
1.28
1.41
4.24
7.24
5.14
4.05
1.52
2.50
12.71
4.05
3.90
30
0.232
D/E ratiox
1.465
1.467
1.595
1.583
1.568
1.526
1.391
1.326
1.209
1.124
1.734
1.326
1.466
54
357.5
Enterprise valueNT$M
215.3
220.1
238.1
229.2
265.0
308.9
339.7
323.2
376.7
427.2
48.69
10.02%
6.57%
91
22.67
LT debtNT$M
30.02
27.59
29.28
33.18
34.57
36.46
41.58
38.55
43.39
44.07
40.44
4.98%
5.17%
17
Cost of revenue
2.16%
1.02×
Operating expenses
2.29%
1.03×
Property and equipment
17.09%
Spread over hurdle
18.30%