103.6
RevenueNT$M
113.6
113.4
118.5
120.5
122.3
127.2
131.9
133.7
135.9
138.4
110.9
2.51%
2.37%
14
23.10
Revenue growth%
26.63
25.49
26.23
27.24
26.51
25.02
26.68
24.52
22.82
24.28
21.48
24.52
25.86
62
3.86
Gross margin%
15.04
17.59
17.78
16.47
19.31
16.92
15.03
13.32
14.04
11.87
11.47
14.04
15.75
78
8.56
Operating margin%
25.23
22.30
19.85
17.04
17.21
14.75
17.67
18.35
18.31
15.42
19.53
17.67
17.99
10
18.95
Net margin%
3.30
4.39
2.47
1.47
0.40
0.40
0.40
1.52
0.40
2.25
15.21
0.40
1.49
68
31.65
P/E ratio (avg)x
19.06
21.12
20.11
22.11
24.46
23.25
23.01
21.27
23.13
22.73
35.87
23.01
22.42
18
29.04
EV/EBITx
26.72
28.50
29.08
34.10
40.34
39.71
38.18
42.06
40.61
45.73
36.99
40.61
38.95
61
3.64
FCF yield (avg)%
14.66
15.63
15.84
17.56
18.06
20.31
21.15
22.65
22.13
23.69
4.33
22.13
19.19
34
3.76
FCF margin%
29.27
30.17
32.08
29.98
27.42
26.26
29.23
31.16
30.95
32.33
6.88
30.95
30.07
92
1.008
FCF / Net incomex
0.893
0.966
0.991
0.928
0.905
0.809
0.771
0.781
0.744
0.792
0.554
0.781
0.851
18
29.26
ROIC%
12.18
10.81
7.83
8.47
7.27
6.14
6.58
5.42
7.00
6.09
20.56
6.14
7.14
51
4.75
Return on equity%
26.95
29.86
32.05
31.85
29.40
28.55
29.76
27.85
29.68
31.96
27.81
29.68
29.72
29
23.55
Return on assets%
31.65
29.91
27.34
29.77
29.70
31.55
30.91
31.07
29.16
27.95
9.78
30.91
29.84
20
0.44
EPSNT$
0.56
0.62
0.66
0.66
0.71
0.80
0.91
0.95
0.95
0.92
0.45
5.20%
5.00%
—
5.86
EPS growth%
3.53
3.03
1.60
1.69
1.81
4.57
4.81
7.78
10.12
9.43
23.23
7.78
4.05
32
1.42
Bookvalue per shNT$
0.49
0.49
0.53
0.54
0.50
0.48
0.44
0.41
0.38
0.35
0.24
(7.06%)
(3.12%)
—
0.66
FCF per shareNT$
1.32
1.25
1.11
1.21
1.29
1.36
1.43
1.31
1.15
1.24
0.49
(0.86%)
(1.19%)
—
1.10
Dividend per shNT$
1.28
1.27
1.26
1.28
1.23
1.25
1.22
1.34
1.42
1.49
0.77
3.89%
2.06%
—
29.29
Div yield (avg)%
9.58
6.91
6.36
4.20
4.74
7.56
10.31
12.03
10.72
9.90
19.11
10.31
8.57
11
25.25
Payout ratio%
20.37
21.48
19.49
17.46
16.04
15.06
14.94
16.16
17.28
18.27
17.44
16.16
17.37
29
58.63
Shares (diluted)M
52.04
56.95
54.94
53.45
58.62
56.63
58.95
65.57
58.08
62.57
60.29
1.31%
0.81%
49
15.78
Buyback yield%
13.86
15.31
13.03
15.27
12.36
12.04
13.18
16.00
17.78
19.22
29.14
16.00
14.56
55
0.781
D/E ratiox
2.656
2.758
2.741
2.671
2.573
2.476
2.777
2.767
3.058
3.519
0.142
2.777
2.750
83
119.7
Enterprise valueNT$M
141.2
135.7
144.9
139.7
163.4
179.0
175.7
178.3
206.0
230.7
16.11
7.15%
5.87%
16
157.0
LT debtNT$M
59.70
58.31
64.07
71.47
68.16
65.20
60.12
60.76
68.50
67.97
151.6
(0.06%)
0.95%
26
Cost of revenue
2.47%
1.01×
Operating expenses
2.93%
1.06×
Property and equipment
23.05%
Cash and investments
16.13%
Spread over hurdle
28.37%