27.54
RevenueNT$M
184.2
193.0
205.4
213.9
220.9
236.4
253.3
263.3
275.7
293.5
30.10
5.85%
5.47%
69
17.05
Revenue growth%
20.49
20.44
22.53
24.26
27.00
24.03
25.53
22.54
24.87
23.93
20.98
24.03
23.98
40
20.04
Gross margin%
3.94
6.03
6.46
7.00
9.78
7.10
6.18
3.83
3.37
2.49
18.05
3.83
6.11
60
22.38
Operating margin%
3.82
3.01
0.40
1.67
0.40
0.40
0.40
0.40
0.50
2.87
14.02
0.40
0.45
71
19.56
Net margin%
14.58
12.74
9.77
11.65
11.33
9.92
11.31
9.36
10.51
7.78
26.08
9.92
10.91
83
14.66
P/E ratio (avg)x
10.70
10.98
11.33
10.48
10.44
11.45
11.88
12.32
11.49
13.01
9.277
11.88
11.39
26
23.25
EV/EBITx
35.06
41.28
48.05
55.52
61.60
67.90
78.56
78.61
78.93
83.79
12.39
78.61
64.75
93
18.90
FCF yield (avg)%
30.18
27.43
28.98
30.48
31.15
29.18
29.84
32.15
33.77
35.67
22.60
32.15
30.33
26
10.56
FCF margin%
16.77
16.96
14.82
17.42
18.30
20.52
20.44
21.08
23.17
22.23
18.43
21.08
19.37
84
1.069
FCF / Net incomex
0.154
0.144
0.130
0.129
0.132
0.145
0.133
0.132
0.122
0.126
1.074
0.132
0.132
85
18.95
ROIC%
17.69
17.66
15.28
13.07
15.26
13.07
11.65
13.12
13.80
13.74
25.84
13.12
13.77
71
15.90
Return on equity%
21.77
20.42
17.83
19.15
16.29
14.60
11.75
11.05
9.48
7.64
23.95
11.05
15.44
83
3.58
Return on assets%
9.37
8.01
5.96
4.21
4.64
3.38
2.91
1.32
2.59
2.62
2.75
2.62
3.79
55
0.67
EPSNT$
0.89
0.87
0.87
0.87
0.89
0.86
0.87
0.77
0.66
0.62
0.73
(7.02%)
(4.18%)
—
13.18
EPS growth%
3.54
2.10
2.23
1.12
0.40
0.44
0.40
0.40
0.40
0.67
21.22
0.40
0.55
83
2.17
Bookvalue per shNT$
0.89
0.93
0.85
0.83
0.72
0.72
0.62
0.60
0.59
0.54
1.08
(5.77%)
(5.48%)
—
2.37
FCF per shareNT$
2.62
2.97
2.99
3.00
3.12
3.09
3.05
2.98
3.08
3.50
1.95
2.33%
3.99%
—
0.98
Dividend per shNT$
3.27
3.81
3.78
4.21
4.63
5.42
5.81
5.90
6.43
7.39
2.11
9.81%
9.99%
—
24.55
Div yield (avg)%
27.64
27.59
30.27
32.11
33.96
36.21
36.76
38.02
40.20
42.25
2.02
38.02
35.08
20
9.14
Payout ratio%
23.23
23.87
22.88
21.30
20.75
21.11
21.76
23.71
22.83
22.49
23.43
22.49
22.66
56
31.47
Shares (diluted)M
26.61
28.56
27.19
28.91
32.10
34.09
36.53
37.35
34.62
35.26
31.28
1.89%
2.27%
82
28.37
Buyback yield%
27.29
26.35
26.92
28.75
28.03
26.79
25.53
26.13
23.37
23.91
9.02
25.53
26.57
15
0.526
D/E ratiox
1.340
1.297
1.466
1.458
1.400
1.616
1.757
1.941
2.113
2.460
1.338
1.941
1.541
59
117.3
Enterprise valueNT$M
160.6
162.0
157.6
176.0
162.0
156.4
174.8
194.2
181.8
191.9
49.67
3.45%
1.75%
76
19.59
LT debtNT$M
71.18
81.01
86.17
94.79
99.75
113.4
105.4
101.3
107.9
122.7
129.6
4.23%
5.79%
19
Cost of revenue
5.67%
1.02×
Operating expenses
5.29%
0.98×
Cash and investments
18.17%
Spread over hurdle
19.09%