84.75
RevenueNT$M
65.40
70.95
74.83
80.31
86.74
91.47
98.62
107.5
114.0
124.7
94.83
7.52%
7.14%
82
10.03
Revenue growth%
12.57
12.39
10.30
11.60
12.22
14.47
16.72
16.37
18.95
21.95
28.35
16.72
13.52
48
16.50
Gross margin%
30.09
32.08
34.98
32.25
33.59
30.97
29.44
27.21
28.66
28.57
20.50
28.66
30.53
84
3.46
Operating margin%
20.04
20.47
18.46
18.66
15.67
14.07
15.90
13.54
13.13
13.95
29.31
13.95
15.78
28
18.79
Net margin%
27.08
24.45
24.25
26.56
27.02
28.50
28.00
29.63
31.31
33.99
24.49
29.63
27.54
20
17.41
P/E ratio (avg)x
34.41
32.65
31.80
33.39
33.81
31.31
28.40
30.02
26.48
23.04
32.88
28.40
31.55
91
14.18
EV/EBITx
25.88
25.39
29.18
32.33
33.73
34.00
33.24
34.41
31.66
31.38
25.08
33.24
32.00
75
7.39
FCF yield (avg)%
11.99
12.25
13.10
15.37
15.53
16.26
17.00
14.25
15.59
16.59
28.48
16.26
15.45
43
22.20
FCF margin%
7.24
7.98
5.89
4.34
6.88
8.16
6.97
6.00
3.98
5.31
20.79
6.00
6.44
63
0.358
FCF / Net incomex
0.279
0.246
0.242
0.235
0.226
0.210
0.214
0.195
0.200
0.184
0.180
0.200
0.220
38
11.41
ROIC%
5.95
5.96
6.10
8.09
8.14
10.02
10.28
9.38
7.18
7.27
6.99
9.38
7.68
8
16.47
Return on equity%
27.72
28.29
25.40
28.33
30.59
29.36
31.02
30.31
29.65
27.84
3.35
29.65
28.85
23
21.86
Return on assets%
7.27
8.58
8.55
5.85
5.14
6.09
3.30
2.38
0.40
0.61
24.03
2.38
5.49
17
0.98
EPSNT$
1.98
2.15
2.16
2.03
2.05
1.96
1.96
2.10
2.10
2.03
1.10
(0.19%)
1.22%
—
15.32
EPS growth%
14.42
14.74
16.86
18.27
19.67
21.11
23.69
22.35
22.06
24.04
19.71
22.35
20.39
11
0.84
Bookvalue per shNT$
1.48
1.47
1.30
1.28
1.35
1.49
1.40
1.38
1.28
1.41
1.22
0.75%
(1.89%)
—
1.06
FCF per shareNT$
2.93
3.12
3.20
3.40
3.59
4.13
3.91
4.07
4.53
5.11
2.44
7.30%
5.79%
—
1.19
Dividend per shNT$
2.28
2.27
2.64
3.01
3.12
3.08
3.51
3.72
4.05
4.58
0.58
7.96%
7.41%
—
16.49
Div yield (avg)%
11.18
11.49
9.34
7.42
9.63
11.75
9.91
11.88
9.91
8.29
25.51
9.91
9.91
59
16.04
Payout ratio%
1.85
4.30
6.02
8.40
10.52
12.21
10.96
8.28
6.33
5.81
28.78
8.28
7.30
13
32.83
Shares (diluted)M
54.51
59.04
59.06
69.56
68.72
75.12
83.98
88.49
89.92
103.0
33.61
8.44%
7.37%
75
16.16
Buyback yield%
16.69
13.81
11.26
12.21
11.42
13.78
11.74
14.45
16.49
14.91
8.82
14.45
13.79
12
0.612
D/E ratiox
1.927
2.091
2.103
2.370
2.618
3.000
3.312
3.625
3.384
3.686
1.417
3.384
2.809
30
42.55
Enterprise valueNT$M
76.71
73.98
79.14
79.43
79.87
79.11
80.22
82.87
88.26
85.02
67.87
1.26%
1.90%
27
42.74
LT debtNT$M
81.80
80.12
76.42
80.52
82.62
78.31
75.93
69.84
64.31
64.18
71.09
(4.92%)
(2.20%)
86
Cost of revenue
6.99%
0.99×
Operating expenses
7.16%
1.00×
Property and equipment
18.85%
Cash and investments
17.53%
Spread over hurdle
21.16%