700.6
RevenueNT$M
395.0
411.1
422.9
430.9
446.6
470.8
488.7
502.4
508.9
537.1
717.3
3.76%
3.34%
69
22.78
Revenue growth%
18.81
17.83
15.99
15.41
13.82
16.18
19.05
17.72
18.77
19.50
20.34
18.77
17.77
8
10.45
Gross margin%
35.31
38.27
39.31
38.52
39.03
38.48
40.60
38.46
35.54
35.87
14.66
38.46
38.47
74
6.39
Operating margin%
13.14
14.43
14.34
14.50
17.47
16.21
13.98
14.69
11.80
12.19
23.37
13.98
14.39
53
4.45
Net margin%
27.47
27.72
28.92
31.12
33.05
34.97
32.70
33.03
35.97
33.07
15.20
33.07
32.86
76
37.10
P/E ratio (avg)x
29.27
34.31
36.84
40.64
43.30
51.97
50.81
50.84
50.50
55.90
12.76
50.84
46.90
39
28.10
EV/EBITx
24.53
21.98
21.70
24.26
25.30
26.66
27.27
29.43
31.08
31.75
20.27
29.43
25.98
40
13.15
FCF yield (avg)%
20.02
21.07
21.39
19.17
21.97
23.45
20.63
19.20
19.03
17.81
11.55
19.20
20.33
59
9.56
FCF margin%
8.41
7.96
8.67
6.07
6.39
6.39
4.17
2.76
2.64
3.91
8.19
3.91
6.23
15
1.521
FCF / Net incomex
0.625
0.610
0.704
0.748
0.812
0.859
0.835
0.848
0.894
1.037
1.692
0.859
0.823
72
27.00
ROIC%
3.48
3.04
5.85
7.40
10.16
8.39
10.10
7.81
10.68
11.93
18.77
10.10
8.10
33
23.16
Return on equity%
5.65
7.08
4.36
5.15
4.35
6.79
9.16
7.06
4.51
1.61
24.32
6.79
5.40
72
14.89
Return on assets%
19.78
21.95
23.14
26.10
25.52
24.48
21.90
19.16
21.53
21.22
3.45
21.53
21.93
21
4.86
EPSNT$
2.54
2.64
2.64
2.42
2.24
2.56
2.56
2.64
2.78
2.72
5.34
3.91%
1.32%
—
10.35
EPS growth%
24.69
23.16
24.23
26.81
26.23
23.94
25.77
25.87
26.53
25.53
18.19
25.77
25.65
59
10.46
Bookvalue per shNT$
4.04
4.25
4.50
4.41
4.90
5.25
4.97
5.09
5.43
5.22
4.36
1.27%
2.32%
—
7.87
FCF per shareNT$
6.07
6.31
6.33
6.92
6.82
6.20
5.48
5.98
6.43
6.92
3.76
0.28%
2.14%
—
1.97
Dividend per shNT$
12.14
12.00
12.43
10.76
11.38
10.83
10.61
11.20
12.14
12.62
7.60
2.08%
1.38%
—
20.00
Div yield (avg)%
22.87
24.82
25.17
28.11
29.66
27.09
26.56
26.74
29.00
29.28
25.80
27.09
26.92
81
5.47
Payout ratio%
24.64
24.00
21.05
20.04
19.90
20.07
18.18
19.34
19.00
21.05
24.25
19.34
20.05
37
55.62
Shares (diluted)M
66.76
63.37
74.08
86.18
90.42
106.3
119.5
137.0
142.1
142.7
54.70
9.56%
8.29%
49
4.66
Buyback yield%
17.37
18.35
19.08
18.75
17.90
18.03
18.19
19.20
18.88
20.22
2.65
18.88
18.55
24
0.222
D/E ratiox
0.939
1.006
1.018
1.035
1.046
0.917
0.946
0.826
0.709
0.668
0.705
0.826
0.943
13
127.2
Enterprise valueNT$M
139.2
144.6
144.8
155.0
175.6
183.7
205.1
212.3
229.9
224.4
720.4
5.02%
4.95%
77
274.0
LT debtNT$M
243.8
262.8
287.0
290.5
317.6
288.2
323.0
352.3
379.9
382.3
660.7
3.77%
3.71%
40
Cost of revenue
3.40%
1.01×
Operating expenses
3.54%
1.02×
Spread over hurdle
13.41%