324.8
RevenueNT$M
135.7
143.8
152.6
167.5
178.2
190.4
202.2
215.7
236.6
252.7
353.1
7.23%
7.08%
9
2.48
Revenue growth%
25.59
26.07
25.47
26.69
26.15
23.30
23.21
22.47
23.90
25.81
5.05
23.30
25.53
94
17.24
Gross margin%
21.97
21.32
24.06
23.33
22.05
22.28
21.28
21.98
23.76
20.83
20.50
21.98
22.01
9
3.88
Operating margin%
19.49
17.09
16.76
17.67
17.08
14.08
17.07
15.26
13.45
14.39
27.50
14.39
16.91
93
14.14
Net margin%
24.33
22.08
24.48
22.27
22.83
21.06
19.06
17.04
15.41
15.56
9.24
17.04
21.57
91
14.63
P/E ratio (avg)x
28.81
30.93
30.59
30.14
32.50
36.31
33.87
32.23
33.21
35.41
33.65
33.87
32.36
43
27.46
EV/EBITx
13.08
15.41
16.68
17.01
19.52
22.62
23.41
24.68
28.21
28.11
9.081
24.68
21.07
78
26.56
FCF yield (avg)%
21.54
22.71
22.53
24.82
24.69
23.46
20.54
20.80
18.43
18.03
25.69
20.54
22.03
62
14.26
FCF margin%
29.13
28.03
29.77
30.64
29.08
31.44
31.07
28.39
26.28
28.97
16.92
28.97
29.10
79
0.742
FCF / Net incomex
1.338
1.489
1.795
2.040
2.359
2.653
3.004
3.008
2.951
3.473
0.349
3.004
2.506
85
18.46
ROIC%
3.83
3.44
4.66
3.49
3.49
0.98
0.40
0.40
1.06
0.40
7.81
0.40
2.25
35
6.31
Return on equity%
26.88
28.09
30.12
31.21
29.05
28.10
28.44
27.27
26.34
27.34
23.80
27.34
28.10
67
13.11
Return on assets%
21.23
22.08
22.01
22.49
25.44
26.58
28.60
27.18
29.47
30.07
15.51
28.60
26.01
46
0.97
EPSNT$
1.15
1.14
1.30
1.47
1.67
1.93
2.01
2.29
2.58
2.41
1.06
7.53%
8.58%
—
4.64
EPS growth%
19.45
16.58
14.69
12.86
10.98
11.36
13.28
11.32
13.30
15.00
2.06
13.28
13.29
49
1.13
Bookvalue per shNT$
0.98
0.90
0.92
0.94
0.93
1.07
1.18
1.09
1.11
1.10
0.80
3.46%
0.77%
—
0.76
FCF per shareNT$
1.10
1.19
1.18
1.26
1.26
1.19
1.32
1.36
1.35
1.35
1.31
1.42%
2.62%
—
0.24
Dividend per shNT$
0.85
0.88
0.97
0.98
1.02
1.08
1.06
1.04
1.20
1.22
0.66
3.69%
5.44%
—
24.05
Div yield (avg)%
25.81
25.45
25.62
24.57
25.17
23.94
21.08
21.80
21.36
23.75
23.92
21.80
24.25
47
4.13
Payout ratio%
22.81
23.07
21.13
19.04
21.05
23.69
22.02
24.45
25.73
28.54
2.76
24.45
22.94
6
122.2
Shares (diluted)M
176.9
204.1
218.0
231.4
239.7
227.5
236.7
269.7
255.5
296.3
120.3
4.33%
4.94%
80
10.50
Buyback yield%
26.62
28.35
28.06
25.45
25.11
24.72
21.94
23.96
22.05
20.86
11.53
22.05
24.92
95
1.471
D/E ratiox
1.419
1.590
1.594
1.633
1.618
1.583
1.649
1.716
1.877
1.787
0.898
1.716
1.626
87
234.3
Enterprise valueNT$M
129.0
133.5
138.8
154.2
162.9
169.4
181.3
187.8
192.1
214.0
332.7
5.60%
6.21%
47
199.4
LT debtNT$M
51.32
51.04
51.46
50.23
55.96
54.82
49.43
44.80
48.83
43.28
255.0
(5.01%)
(1.49%)
87
Cost of revenue
7.06%
1.00×
Operating expenses
7.24%
1.02×
Cash and investments
16.13%
Property and equipment
15.14%
Spread over hurdle
(0.29%)