67.10
RevenueNT$M
256.4
262.4
274.0
288.2
290.0
297.9
309.5
316.3
326.2
341.6
68.75
3.33%
3.24%
21
14.06
Revenue growth%
3.92
5.56
3.11
0.40
0.40
0.40
1.15
2.90
3.48
4.01
27.67
2.90
3.01
44
16.58
Gross margin%
12.65
10.33
9.80
7.00
8.06
10.30
11.98
11.94
12.87
12.43
19.87
11.98
11.14
33
5.88
Operating margin%
12.69
12.55
13.76
10.91
8.55
10.24
8.97
8.74
9.04
9.49
15.55
9.04
9.87
93
19.90
Net margin%
11.10
8.17
7.93
8.77
11.69
11.14
11.48
13.26
13.99
13.20
27.91
13.20
11.31
90
37.77
P/E ratio (avg)x
25.02
25.56
23.10
24.51
20.90
20.44
19.40
20.15
21.71
21.47
31.50
20.44
21.59
86
21.86
EV/EBITx
43.41
43.14
46.76
46.23
44.57
40.85
43.69
49.03
51.98
59.12
26.57
49.03
45.40
70
8.85
FCF yield (avg)%
7.90
8.72
11.55
13.41
13.93
12.08
13.80
16.22
18.44
20.38
24.52
16.22
13.60
42
26.48
FCF margin%
16.23
15.57
17.46
19.36
19.16
16.47
17.84
19.38
18.22
19.08
20.76
18.22
18.03
60
0.785
FCF / Net incomex
0.439
0.459
0.409
0.369
0.384
0.346
0.341
0.311
0.317
0.302
0.303
0.317
0.357
69
4.86
ROIC%
19.14
17.08
19.99
20.88
20.13
19.01
20.06
19.14
20.50
18.07
21.69
19.14
19.57
91
16.45
Return on equity%
8.62
7.63
4.65
2.16
2.03
4.44
4.45
7.43
8.95
8.13
23.59
7.43
6.04
27
22.53
Return on assets%
9.50
12.44
10.72
10.59
10.69
13.60
15.81
17.25
19.41
20.57
16.63
17.25
13.02
12
2.20
EPSNT$
1.09
1.13
1.17
1.22
1.24
1.18
1.25
1.18
1.02
0.91
2.32
(6.03%)
(1.39%)
—
11.76
EPS growth%
5.01
5.93
5.45
2.77
5.02
3.21
2.62
4.10
3.16
4.32
4.22
3.21
4.21
81
0.85
Bookvalue per shNT$
1.23
1.32
1.50
1.74
1.96
2.07
2.06
2.25
2.42
2.66
0.49
6.25%
7.58%
—
1.86
FCF per shareNT$
2.13
2.07
1.99
1.77
1.71
1.70
1.59
1.50
1.41
1.25
2.25
(6.10%)
(6.15%)
—
2.43
Dividend per shNT$
1.75
1.96
2.16
2.42
2.40
2.26
2.03
2.01
2.20
2.16
0.57
(2.10%)
1.62%
—
28.76
Div yield (avg)%
16.73
19.71
20.43
18.66
16.37
13.60
15.63
13.74
14.01
15.94
28.10
14.01
16.16
37
28.03
Payout ratio%
6.86
9.09
6.32
9.15
11.38
9.30
11.11
10.50
11.82
12.36
17.50
11.11
9.90
16
82.64
Shares (diluted)M
86.17
78.32
73.15
75.71
64.94
58.86
54.10
51.02
46.40
45.51
85.72
(6.86%)
(5.94%)
16
6.28
Buyback yield%
1.83
2.04
0.40
1.24
1.81
4.07
4.03
4.89
3.08
3.85
14.07
4.03
2.56
54
1.720
D/E ratiox
0.359
0.353
0.361
0.420
0.453
0.431
0.468
0.542
0.539
0.642
0.927
0.539
0.442
79
243.3
Enterprise valueNT$M
185.2
208.8
240.3
279.0
320.5
332.5
341.3
372.5
399.6
382.2
216.7
3.58%
7.65%
79
162.1
LT debtNT$M
129.1
153.3
150.7
161.7
164.0
173.6
174.3
183.9
193.8
193.3
117.9
3.34%
5.10%
40
Cost of revenue
3.00%
0.98×
Operating expenses
4.06%
1.08×
Cash and investments
19.01%
Property and equipment
18.38%
Spread over hurdle
90.17%