154.8
RevenueNT$M
166.1
176.8
186.3
189.9
195.4
201.7
210.0
222.4
231.1
236.1
160.7
3.85%
4.17%
91
14.03
Revenue growth%
14.25
14.73
15.10
13.61
13.65
11.09
11.47
14.25
15.81
13.14
17.88
13.14
13.95
80
9.81
Gross margin%
25.42
22.73
24.61
27.16
27.99
29.31
26.70
24.64
22.61
24.28
16.93
24.64
25.03
59
5.85
Operating margin%
10.96
11.99
10.20
12.31
10.76
11.97
11.34
14.16
13.42
15.59
7.77
13.42
11.98
86
21.24
Net margin%
6.50
5.47
7.35
6.78
8.98
10.94
12.94
10.32
10.72
13.07
10.93
10.94
9.65
41
28.83
P/E ratio (avg)x
20.64
23.25
23.17
23.62
27.04
30.88
31.91
34.95
36.29
43.49
15.20
34.95
28.96
7
37.84
EV/EBITx
32.79
31.90
35.90
40.25
39.95
43.97
46.51
51.09
57.22
62.40
21.23
51.09
42.11
35
8.57
FCF yield (avg)%
16.13
14.95
13.02
12.89
9.95
11.89
13.59
12.02
9.25
7.06
22.97
11.89
12.46
11
14.64
FCF margin%
21.15
20.86
20.60
19.97
17.40
19.72
22.48
23.33
20.54
21.20
5.68
21.20
20.73
43
1.106
FCF / Net incomex
2.229
2.660
2.873
3.316
3.710
3.984
4.293
4.944
5.058
5.305
0.525
4.944
3.847
85
27.77
ROIC%
10.58
9.24
11.66
10.45
7.61
7.97
10.13
8.52
10.67
9.32
8.80
9.32
9.73
37
21.23
Return on equity%
25.78
27.24
24.87
26.29
28.28
28.24
29.94
27.38
25.59
23.21
17.19
27.38
26.77
33
10.11
Return on assets%
14.57
16.20
16.92
16.05
18.45
18.59
15.98
16.73
14.72
14.58
7.46
15.98
16.12
91
3.61
EPSNT$
2.05
2.00
2.04
2.30
2.64
2.58
2.90
3.32
3.67
4.32
3.81
10.34%
7.98%
—
20.78
EPS growth%
17.22
14.51
13.32
13.66
14.55
15.84
18.27
18.01
19.84
17.14
5.52
18.01
16.49
83
4.31
Bookvalue per shNT$
5.51
5.53
5.58
6.37
6.37
6.41
6.32
6.16
7.37
7.14
5.79
2.32%
4.47%
—
7.96
FCF per shareNT$
3.31
3.33
3.63
3.40
3.41
3.16
3.32
2.87
2.97
3.08
4.65
(2.00%)
(0.87%)
—
7.94
Dividend per shNT$
6.09
6.31
6.26
5.59
6.13
5.46
5.66
5.09
5.48
4.98
3.29
(4.07%)
(1.88%)
—
3.45
Div yield (avg)%
19.68
18.13
15.79
17.56
14.64
16.84
18.98
21.78
23.34
22.80
2.74
21.78
18.55
88
24.88
Payout ratio%
26.51
28.07
26.37
23.72
23.42
24.39
22.70
21.08
22.83
20.12
18.25
22.70
23.57
65
29.70
Shares (diluted)M
40.54
46.45
50.29
53.81
54.58
52.03
52.06
48.87
48.25
45.52
30.97
(3.56%)
2.08%
74
8.73
Buyback yield%
7.78
8.84
11.48
12.20
13.99
15.71
16.48
16.29
18.81
21.63
8.40
16.48
14.85
68
1.107
D/E ratiox
0.383
0.371
0.360
0.368
0.367
0.360
0.409
0.413
0.439
0.438
1.080
0.413
0.377
48
131.4
Enterprise valueNT$M
77.70
81.57
78.83
71.34
68.30
76.10
78.57
76.15
81.82
87.55
191.6
5.09%
1.79%
23
129.7
LT debtNT$M
30.91
31.01
36.46
38.61
39.06
44.62
52.09
55.47
55.62
62.06
217.6
9.70%
8.87%
8
Cost of revenue
4.17%
1.00×
Operating expenses
3.68%
0.95×
Cash and investments
15.36%
Property and equipment
13.73%
Spread over hurdle
16.08%