100.6
RevenueNT$M
153.2
168.1
180.6
199.0
216.2
237.2
262.9
291.3
321.5
349.9
103.0
10.11%
9.75%
88
25.74
Revenue growth%
14.16
16.27
15.10
13.50
11.25
8.48
11.36
12.90
12.48
10.13
20.96
11.36
12.69
83
2.77
Gross margin%
16.50
18.45
20.20
20.00
17.44
19.87
18.72
16.75
19.63
22.61
4.54
19.63
19.18
27
6.66
Operating margin%
11.58
11.99
12.99
15.21
13.11
14.93
17.29
17.04
15.20
17.94
17.59
17.04
15.07
30
11.37
Net margin%
12.55
15.40
17.99
16.15
13.86
16.09
14.24
15.32
13.23
12.55
15.50
14.24
14.78
74
6.604
P/E ratio (avg)x
17.02
16.50
15.37
15.04
17.07
15.57
16.87
18.77
19.01
21.19
23.10
18.77
16.94
89
12.58
EV/EBITx
49.07
49.91
60.13
69.54
69.16
77.39
76.87
83.74
93.88
106.9
10.18
83.74
73.21
62
2.39
FCF yield (avg)%
3.08
4.49
4.92
6.10
6.52
6.64
6.07
8.46
6.05
6.72
20.66
6.64
6.08
73
18.92
FCF margin%
13.45
12.93
14.11
11.50
8.77
8.10
5.28
3.91
6.86
6.91
26.94
6.86
8.43
13
0.853
FCF / Net incomex
1.364
1.246
1.361
1.477
1.472
1.578
1.545
1.538
1.398
1.251
1.463
1.538
1.435
56
22.35
ROIC%
34.77
32.02
30.27
32.77
32.42
31.18
29.89
32.65
35.14
37.09
24.66
32.65
32.53
61
25.83
Return on equity%
26.17
26.66
23.83
21.04
19.05
16.25
19.20
19.87
22.32
20.80
2.38
19.87
20.92
12
5.98
Return on assets%
10.44
11.28
12.05
14.02
12.13
9.86
12.50
15.01
17.31
18.96
7.90
15.01
12.32
38
1.92
EPSNT$
0.70
0.76
0.81
0.88
0.90
0.96
0.91
0.92
0.85
0.84
2.02
(1.36%)
1.72%
—
12.33
EPS growth%
20.68
18.94
20.29
21.99
24.69
24.48
22.80
25.63
23.53
20.67
28.76
23.53
22.40
47
2.91
Bookvalue per shNT$
1.85
1.59
1.57
1.59
1.47
1.60
1.63
1.74
1.51
1.63
1.28
2.07%
(2.28%)
—
1.39
FCF per shareNT$
0.94
0.90
0.79
0.69
0.73
0.64
0.60
0.52
0.46
0.45
1.30
(9.16%)
(7.36%)
—
0.84
Dividend per shNT$
1.05
1.11
1.29
1.49
1.78
1.79
2.00
1.94
2.19
2.44
0.85
6.51%
8.74%
—
29.73
Div yield (avg)%
19.90
21.52
19.78
22.12
24.53
24.95
25.62
23.93
22.28
23.51
5.27
23.93
22.89
76
5.55
Payout ratio%
27.84
25.70
26.24
23.26
20.60
22.20
21.70
22.55
21.00
21.86
17.99
21.86
22.38
20
61.60
Shares (diluted)M
74.34
76.97
77.39
76.66
84.89
94.64
107.0
107.9
122.0
125.2
60.23
8.07%
6.42%
84
27.23
Buyback yield%
14.19
12.70
14.34
17.19
14.95
15.66
13.30
14.70
15.22
17.55
15.86
15.22
14.83
81
0.823
D/E ratiox
1.818
1.775
1.806
1.686
1.567
1.670
1.792
1.681
1.676
1.876
0.437
1.681
1.730
11
282.6
Enterprise valueNT$M
362.8
349.5
409.1
398.2
448.7
507.0
593.2
576.2
658.9
765.4
144.1
11.27%
8.68%
93
99.44
LT debtNT$M
255.8
256.4
288.9
324.7
308.8
348.6
360.8
357.6
387.5
395.3
262.2
5.06%
5.91%
41
Cost of revenue
10.23%
1.04×
Operating expenses
9.69%
0.99×
Cash and investments
16.41%
Spread over hurdle
14.64%