15.94
RevenueNT$M
87.16
92.79
98.93
109.1
118.8
130.4
138.0
151.6
165.0
180.1
17.06
8.68%
8.41%
63
15.47
Revenue growth%
28.42
28.68
30.56
32.36
30.42
32.77
30.81
29.85
30.23
29.41
29.65
30.23
30.33
72
21.42
Gross margin%
21.75
20.28
22.82
23.61
25.75
28.61
30.75
29.87
32.42
32.70
29.56
30.75
27.18
89
14.13
Operating margin%
15.55
13.25
15.65
16.42
13.89
11.31
10.48
7.63
6.16
8.58
15.42
8.58
12.28
30
9.59
Net margin%
10.20
11.36
13.26
14.22
11.60
12.09
9.31
8.06
9.52
11.15
19.53
9.52
11.26
22
32.72
P/E ratio (avg)x
28.09
28.42
27.94
26.85
25.44
25.52
27.31
25.50
25.17
25.88
28.54
25.52
26.37
84
24.06
EV/EBITx
12.99
14.21
16.49
17.17
16.93
17.23
16.95
19.61
19.38
22.59
30.49
19.38
17.06
24
9.20
FCF yield (avg)%
17.06
14.21
14.95
17.81
20.67
19.62
20.38
20.43
22.64
21.41
23.95
20.43
20.00
25
24.18
FCF margin%
33.61
30.71
29.83
32.22
34.45
35.32
37.42
36.03
34.34
31.49
13.38
35.32
33.97
16
0.506
FCF / Net incomex
0.289
0.326
0.385
0.383
0.420
0.411
0.468
0.567
0.653
0.662
0.593
0.567
0.415
32
28.07
ROIC%
17.28
15.02
14.82
15.58
17.68
16.82
17.40
16.61
14.59
12.07
25.34
16.61
16.09
68
25.75
Return on equity%
0.40
0.89
1.46
3.70
3.98
3.47
3.18
4.40
3.16
2.47
18.08
3.18
3.17
35
15.81
Return on assets%
26.06
28.82
29.33
31.59
29.36
31.03
28.49
29.87
31.10
31.25
29.92
31.03
29.62
34
0.70
EPSNT$
1.50
1.42
1.28
1.43
1.39
1.49
1.62
1.76
1.97
1.77
0.75
4.96%
1.99%
—
2.10
EPS growth%
12.85
11.81
11.53
12.06
13.47
11.93
13.83
15.53
17.29
14.57
22.93
14.57
13.16
14
1.57
Bookvalue per shNT$
0.66
0.58
0.57
0.58
0.55
0.55
0.59
0.52
0.47
0.41
0.63
(6.05%)
(4.59%)
—
1.33
FCF per shareNT$
0.80
0.74
0.73
0.67
0.62
0.61
0.59
0.54
0.56
0.59
1.14
(1.11%)
(2.88%)
—
1.60
Dividend per shNT$
1.61
1.63
1.69
1.97
2.11
2.52
3.01
3.11
3.06
3.47
2.18
10.46%
9.51%
—
3.99
Div yield (avg)%
5.33
2.69
1.82
0.40
0.40
0.40
0.40
1.59
0.79
0.40
7.09
0.40
0.60
73
27.63
Payout ratio%
0.40
2.33
0.65
3.31
0.72
1.10
2.99
0.91
1.99
4.33
27.86
1.99
1.54
74
36.45
Shares (diluted)M
40.19
35.92
31.84
32.43
32.93
32.16
31.50
28.32
28.77
27.34
36.93
(3.66%)
(4.47%)
16
2.42
Buyback yield%
21.06
19.21
17.06
18.23
16.30
14.37
11.97
11.65
9.26
7.01
12.49
11.65
15.33
83
1.692
D/E ratiox
1.229
1.156
1.139
1.152
1.101
1.165
1.216
1.205
1.176
1.190
1.253
1.190
1.170
14
90.37
Enterprise valueNT$M
83.00
84.35
83.18
91.27
93.60
109.8
103.9
115.0
115.0
128.2
91.06
6.49%
4.41%
17
109.1
LT debtNT$M
11.95
13.29
15.37
14.19
14.67
13.87
14.23
14.99
14.45
14.97
15.53
0.41%
2.38%
16
Cost of revenue
8.90%
1.05×
Operating expenses
7.58%
0.93×
Spread over hurdle
(1.06%)