212.9
RevenueNT$M
271.6
286.3
306.1
326.7
355.4
383.2
415.0
452.6
488.4
518.3
238.4
7.84%
7.17%
19
24.48
Revenue growth%
12.27
10.22
7.95
10.61
8.97
11.65
11.51
9.90
12.17
11.29
25.30
11.51
10.95
12
19.87
Gross margin%
10.39
9.32
11.81
10.82
12.08
9.17
7.93
6.06
4.48
6.45
8.16
6.45
9.25
7
16.86
Operating margin%
18.23
17.02
17.17
14.85
12.23
14.80
12.97
11.85
13.00
14.61
24.41
13.00
14.71
9
16.45
Net margin%
21.61
19.64
18.11
17.17
18.60
16.28
16.48
17.90
19.11
16.90
3.37
16.90
18.00
48
14.48
P/E ratio (avg)x
47.11
53.15
55.79
58.53
55.08
53.85
54.14
58.63
60.28
67.62
21.04
58.63
55.43
68
36.58
EV/EBITx
18.21
20.96
23.05
21.92
23.60
24.90
26.35
28.72
27.81
30.32
16.25
27.81
24.25
11
22.31
FCF yield (avg)%
1.84
0.40
2.66
0.55
0.40
0.40
0.40
0.40
0.53
2.76
23.64
0.40
0.46
58
18.79
FCF margin%
16.77
17.23
15.23
14.44
12.28
15.23
13.42
10.77
9.79
6.80
11.93
10.77
13.93
11
0.511
FCF / Net incomex
2.000
1.988
1.901
1.963
1.891
2.056
2.012
2.205
2.365
2.386
1.370
2.205
2.006
36
19.75
ROIC%
5.02
6.28
6.48
5.64
4.12
3.08
1.85
0.40
3.31
2.19
18.37
2.19
3.72
37
23.23
Return on equity%
3.64
6.57
5.97
6.46
5.71
4.27
1.61
2.91
3.65
5.30
18.26
3.65
4.78
79
8.90
Return on assets%
20.82
19.51
20.08
19.88
21.32
21.29
19.64
20.84
20.39
23.32
29.67
20.84
20.60
12
2.21
EPSNT$
1.93
2.27
2.37
2.51
2.65
2.74
3.08
3.06
3.01
3.30
2.40
4.48%
6.86%
—
20.06
EPS growth%
27.30
30.05
28.85
28.93
30.60
30.19
31.44
31.66
28.99
26.37
27.06
30.19
29.52
22
0.95
Bookvalue per shNT$
2.47
2.85
3.35
3.58
4.14
4.81
5.07
5.96
6.14
7.22
1.31
11.78%
12.11%
—
0.45
FCF per shareNT$
0.67
0.78
0.87
0.94
0.88
0.92
0.86
0.82
0.80
0.88
1.09
0.06%
2.63%
—
2.43
Dividend per shNT$
3.45
3.46
3.63
3.69
4.25
4.53
4.84
4.70
4.80
5.66
0.81
5.88%
6.25%
—
5.93
Div yield (avg)%
10.69
11.34
10.27
7.72
9.90
7.77
8.27
6.49
5.46
3.64
7.94
6.49
8.02
63
24.04
Payout ratio%
27.80
26.46
27.04
25.42
26.76
24.25
25.64
25.57
26.76
29.54
10.79
25.64
26.61
50
63.55
Shares (diluted)M
69.54
75.80
81.18
95.05
92.25
91.78
99.77
108.6
115.2
111.0
62.39
3.77%
5.29%
36
6.47
Buyback yield%
10.61
10.67
10.74
8.64
6.16
8.11
6.57
4.52
1.68
3.03
20.52
4.52
7.34
27
0.567
D/E ratiox
2.421
2.272
2.120
2.054
2.246
2.126
2.285
2.140
2.187
2.347
1.444
2.187
2.217
22
372.0
Enterprise valueNT$M
205.4
187.2
191.0
195.5
182.9
179.9
170.6
172.8
181.5
190.4
366.4
0.80%
(1.45%)
29
141.6
LT debtNT$M
62.16
62.31
57.43
59.64
56.05
52.05
49.62
51.86
56.63
63.22
542.3
2.44%
0.48%
38
Cost of revenue
7.38%
1.02×
Operating expenses
7.26%
1.01×
Cash and investments
18.08%
Spread over hurdle
(1.13%)