780.1
RevenueNT$M
431.8
458.5
490.2
528.9
552.0
597.7
632.9
679.5
717.5
754.1
859.8
6.44%
6.25%
68
18.06
Revenue growth%
11.39
11.65
11.21
13.81
16.45
14.74
15.41
16.10
18.38
16.22
11.38
16.10
15.08
93
12.24
Gross margin%
27.41
29.06
30.78
30.35
33.13
34.91
34.36
34.86
37.28
39.58
6.19
34.91
33.75
54
13.94
Operating margin%
19.37
20.88
20.57
19.97
21.92
24.01
21.46
22.02
20.81
19.37
23.54
21.46
20.84
65
20.20
Net margin%
3.34
1.97
1.98
3.58
1.47
0.64
0.40
0.40
0.40
0.40
24.33
0.40
1.05
27
18.06
P/E ratio (avg)x
11.54
11.01
11.59
10.84
11.44
11.49
11.76
11.02
11.57
11.58
31.73
11.57
11.51
32
31.32
EV/EBITx
42.92
45.39
49.14
49.44
48.38
52.85
63.06
63.41
72.68
83.60
31.28
63.41
51.14
81
13.95
FCF yield (avg)%
10.24
8.80
11.15
11.36
10.47
9.27
10.51
10.23
10.83
11.97
11.54
10.51
10.49
15
27.36
FCF margin%
10.66
9.86
12.08
11.54
8.67
8.34
8.75
7.72
7.31
5.96
13.67
7.72
8.71
38
1.611
FCF / Net incomex
0.639
0.681
0.588
0.563
0.533
0.478
0.445
0.385
0.369
0.357
0.490
0.385
0.505
41
6.13
ROIC%
12.28
12.87
13.95
13.64
13.01
13.84
11.44
13.37
11.95
10.86
8.02
11.95
12.94
38
13.44
Return on equity%
5.62
7.94
7.92
10.91
8.47
8.45
10.83
8.54
5.71
4.60
10.98
8.45
8.19
42
5.81
Return on assets%
27.44
25.26
25.73
24.04
26.95
26.59
29.20
28.45
25.86
23.50
19.42
26.59
26.22
40
0.96
EPSNT$
1.40
1.49
1.46
1.38
1.57
1.71
1.91
1.83
1.74
1.90
1.05
3.85%
3.93%
—
25.13
EPS growth%
31.50
30.42
32.12
31.95
30.00
30.20
33.01
32.64
32.99
33.94
13.77
32.99
32.03
36
0.70
Bookvalue per shNT$
3.31
3.93
4.65
5.33
6.20
6.34
6.18
6.23
6.64
7.70
2.92
4.43%
9.58%
—
2.57
FCF per shareNT$
0.93
0.86
0.92
0.97
1.05
1.07
1.13
1.06
1.00
1.05
0.75
(0.04%)
0.20%
—
1.35
Dividend per shNT$
1.07
0.93
0.82
0.77
0.70
0.63
0.57
0.61
0.64
0.65
0.81
(1.59%)
(4.50%)
—
7.27
Div yield (avg)%
6.70
7.98
6.32
6.60
6.29
4.11
3.65
5.91
3.22
2.11
9.81
3.65
6.10
90
19.80
Payout ratio%
21.33
22.95
22.37
20.30
21.21
21.80
20.44
18.63
20.52
22.24
23.02
20.52
21.27
41
206.7
Shares (diluted)M
214.3
230.6
259.7
262.5
290.1
334.9
372.0
391.3
387.0
435.0
205.5
8.44%
7.51%
73
4.03
Buyback yield%
4.60
1.69
4.46
2.35
5.19
4.14
6.60
8.63
10.83
11.35
7.10
8.63
4.89
75
0.387
D/E ratiox
0.959
1.098
1.177
1.208
1.188
1.268
1.241
1.379
1.424
1.347
1.511
1.347
1.224
20
202.4
Enterprise valueNT$M
454.7
433.2
474.5
473.2
509.4
493.3
476.9
507.6
573.8
623.6
120.7
4.13%
3.79%
22
791.4
LT debtNT$M
310.4
293.2
324.9
357.1
362.2
385.3
407.6
376.4
330.4
294.2
404.6
(4.07%)
0.01%
64
Cost of revenue
6.00%
0.98×
Operating expenses
6.46%
1.02×
Property and equipment
17.84%
Cash and investments
16.36%
Spread over hurdle
10.92%