36.90
RevenueNT$M
95.66
101.0
106.9
114.5
121.7
128.7
138.0
151.9
166.3
177.3
40.15
7.81%
7.36%
28
15.17
Revenue growth%
11.17
10.34
11.19
13.47
14.75
14.73
12.61
13.43
11.12
8.54
10.56
12.61
11.90
69
11.70
Gross margin%
4.06
3.64
2.02
2.05
1.60
0.40
2.77
5.28
8.13
10.16
11.22
5.28
3.21
45
6.11
Operating margin%
26.56
24.78
24.49
27.12
27.14
24.60
26.07
24.17
25.63
26.30
18.62
25.63
25.85
19
3.04
Net margin%
13.61
12.65
13.83
12.89
14.83
16.86
15.11
16.44
18.92
21.76
20.75
16.86
14.97
39
18.11
P/E ratio (avg)x
43.64
51.09
61.20
67.97
79.26
81.34
79.69
87.28
99.17
107.0
20.21
87.28
79.47
94
31.37
EV/EBITx
16.23
17.49
18.17
16.59
17.60
15.41
16.11
16.73
16.84
15.26
37.81
16.11
16.66
32
9.13
FCF yield (avg)%
29.40
27.01
24.02
22.78
25.39
28.04
25.12
26.33
24.34
26.95
13.30
26.33
25.86
52
6.59
FCF margin%
1.75
2.75
4.78
4.46
4.22
6.79
4.81
2.98
4.64
3.22
9.79
4.64
4.34
81
0.313
FCF / Net incomex
1.488
1.550
1.786
1.808
2.087
2.316
2.678
2.771
3.227
3.065
1.493
2.771
2.201
75
23.49
ROIC%
10.37
12.75
11.11
12.88
14.01
14.38
14.76
17.47
15.49
13.04
5.70
14.76
13.53
26
8.03
Return on equity%
29.90
32.42
30.01
27.57
29.33
32.02
35.00
33.12
33.17
32.24
26.68
33.12
32.13
93
16.40
Return on assets%
8.05
8.51
8.16
8.01
10.02
12.94
14.27
16.58
14.56
13.36
4.60
14.27
11.48
55
1.46
EPSNT$
0.84
0.90
0.95
0.87
0.79
0.76
0.68
0.68
0.74
0.66
1.53
(3.33%)
(2.79%)
—
23.31
EPS growth%
37.67
36.82
35.11
33.12
30.31
29.40
26.67
26.86
28.70
28.69
16.09
28.69
29.85
27
1.49
Bookvalue per shNT$
1.78
2.01
1.97
2.14
2.47
2.77
3.09
3.63
4.12
4.13
1.23
10.88%
8.83%
—
1.02
FCF per shareNT$
1.19
1.34
1.28
1.38
1.45
1.39
1.29
1.47
1.65
1.67
2.60
2.79%
3.26%
—
2.26
Dividend per shNT$
2.64
3.05
3.06
3.12
3.46
3.71
4.11
4.15
4.52
5.32
2.44
8.96%
7.56%
—
15.29
Div yield (avg)%
17.50
15.14
12.60
12.90
13.11
13.16
13.52
14.23
12.80
10.40
2.19
13.16
13.14
42
15.30
Payout ratio%
12.48
14.19
14.21
15.57
16.79
18.18
20.01
20.74
22.58
23.11
29.63
20.74
17.49
14
67.18
Shares (diluted)M
63.28
61.26
57.54
58.79
59.18
59.67
56.29
60.44
62.82
64.74
69.22
1.81%
0.09%
59
10.16
Buyback yield%
28.17
27.80
25.83
23.15
25.35
23.50
21.26
20.03
21.19
22.82
17.17
21.26
23.32
28
0.365
D/E ratiox
0.858
0.869
0.829
0.817
0.904
0.830
0.878
0.916
0.826
0.920
1.797
0.878
0.863
27
106.9
Enterprise valueNT$M
125.1
129.5
152.2
171.7
176.3
198.9
208.6
231.8
244.4
274.4
109.8
9.25%
8.04%
14
23.40
LT debtNT$M
156.7
174.9
174.9
178.8
192.1
209.7
226.0
239.5
268.1
290.6
107.5
8.63%
8.02%
62
Cost of revenue
6.86%
0.95×
Operating expenses
9.09%
1.17×
Cash and investments
16.35%
Property and equipment
16.01%
Spread over hurdle
75.59%