102.3
RevenueNT$M
73.38
80.21
85.17
91.10
97.83
107.8
115.2
122.5
131.6
140.8
110.1
7.56%
7.41%
12
27.85
Revenue growth%
7.03
4.83
5.61
6.51
6.67
6.27
5.21
2.69
4.25
4.60
9.92
4.60
5.41
47
14.60
Gross margin%
30.22
32.03
30.37
32.02
33.02
30.32
33.07
30.74
32.19
34.42
11.65
32.19
32.02
46
18.47
Operating margin%
16.67
18.34
18.40
15.61
13.51
14.37
14.73
14.28
11.73
9.87
5.87
14.28
14.55
15
17.04
Net margin%
13.95
16.60
19.47
19.32
19.54
18.92
17.76
17.27
14.61
13.84
8.67
17.27
17.52
27
27.14
P/E ratio (avg)x
19.63
21.39
23.25
23.69
25.37
22.02
19.42
18.48
17.04
17.20
14.15
18.48
20.51
15
25.27
EV/EBITx
23.25
26.16
29.66
35.25
38.76
39.84
38.74
42.44
48.30
48.87
19.86
42.44
38.75
31
22.26
FCF yield (avg)%
20.24
18.73
18.65
17.97
18.48
20.75
19.49
19.60
22.04
22.49
29.17
20.75
19.54
62
21.27
FCF margin%
8.38
10.56
8.94
8.73
10.28
12.62
9.76
7.39
5.85
6.60
21.83
7.39
8.84
14
0.757
FCF / Net incomex
0.291
0.295
0.276
0.285
0.287
0.266
0.270
0.281
0.303
0.317
0.549
0.281
0.286
75
16.99
ROIC%
3.99
6.23
5.26
4.44
2.03
0.40
1.11
0.95
0.40
1.94
13.13
0.95
1.98
26
4.42
Return on equity%
16.88
17.27
14.28
14.91
13.99
13.15
15.32
17.32
14.67
16.67
23.02
15.32
15.11
15
19.59
Return on assets%
9.23
7.49
7.24
6.02
3.51
1.24
0.40
0.40
3.15
2.94
27.46
1.24
3.33
26
0.28
EPSNT$
0.66
0.62
0.66
0.71
0.67
0.74
0.81
0.87
0.90
0.98
0.31
7.93%
3.73%
—
12.23
EPS growth%
13.95
16.86
14.23
13.68
14.91
12.01
11.80
13.53
14.29
16.18
22.84
13.53
14.09
91
1.11
Bookvalue per shNT$
0.18
0.16
0.16
0.16
0.17
0.17
0.18
0.19
0.19
0.19
0.68
2.34%
(0.67%)
—
0.80
FCF per shareNT$
0.89
0.97
1.00
0.98
0.93
1.01
0.97
0.98
1.11
1.16
0.55
4.52%
2.13%
—
1.06
Dividend per shNT$
0.41
0.44
0.47
0.45
0.43
0.45
0.51
0.53
0.50
0.49
0.76
2.57%
2.75%
—
7.71
Div yield (avg)%
10.04
12.13
10.44
10.02
7.25
6.89
7.43
9.28
8.61
11.41
14.62
8.61
9.65
91
20.23
Payout ratio%
10.47
7.91
10.35
11.34
8.95
7.34
9.50
12.40
10.71
9.99
15.36
9.99
10.17
50
74.62
Shares (diluted)M
107.8
115.7
120.4
122.5
119.0
125.2
137.6
148.8
162.5
160.4
77.92
6.15%
4.46%
23
3.30
Buyback yield%
21.39
20.68
21.77
20.84
23.13
21.31
19.27
21.74
22.94
24.44
7.58
21.74
21.56
87
0.982
D/E ratiox
1.899
1.915
2.097
2.306
2.582
3.015
3.233
3.181
3.499
3.573
1.279
3.233
2.799
17
63.72
Enterprise valueNT$M
118.1
124.7
143.3
150.6
158.3
182.3
181.5
187.0
191.9
202.6
20.28
5.06%
7.44%
71
41.29
LT debtNT$M
162.9
175.4
174.5
178.2
203.5
219.3
244.4
261.1
295.3
320.4
39.89
9.50%
7.90%
61
Cost of revenue
7.11%
0.97×
Operating expenses
7.37%
1.00×
Spread over hurdle
13.40%