70.97
RevenueNT$M
229.2
242.2
263.7
287.7
316.1
343.9
369.1
392.5
424.6
465.5
77.75
8.05%
8.15%
95
9.17
Revenue growth%
12.12
12.00
9.05
9.46
10.62
12.14
12.55
11.16
13.64
10.87
8.10
12.14
11.58
56
11.64
Gross margin%
18.62
17.26
15.40
13.44
14.50
16.33
15.85
17.45
19.63
21.36
9.19
17.45
16.80
15
29.54
Operating margin%
4.58
2.92
5.60
7.06
4.91
3.75
6.67
3.74
2.09
2.27
3.97
3.74
4.16
28
26.02
Net margin%
15.03
17.97
15.48
12.49
11.28
11.31
12.07
13.11
14.06
14.93
10.12
13.11
13.59
30
27.92
P/E ratio (avg)x
27.00
29.45
25.95
27.92
28.63
24.59
23.90
23.33
24.67
24.11
9.430
24.11
25.31
93
16.23
EV/EBITx
16.22
14.79
14.50
14.34
15.13
13.21
11.51
10.09
9.565
10.03
33.79
10.09
13.78
68
20.68
FCF yield (avg)%
3.85
4.57
7.27
5.36
3.08
6.01
6.84
4.03
3.15
2.39
4.90
4.03
4.30
40
6.98
FCF margin%
20.14
19.47
21.54
18.90
18.84
18.26
19.76
21.97
24.69
22.15
3.75
21.97
19.95
51
0.345
FCF / Net incomex
1.562
1.499
1.513
1.601
1.623
1.689
1.729
1.881
2.099
2.001
1.097
1.881
1.656
15
22.76
ROIC%
12.01
11.96
11.54
9.33
8.11
6.33
3.95
6.74
5.45
2.68
4.72
5.45
7.42
82
7.22
Return on equity%
28.01
28.28
27.24
27.79
26.16
28.72
26.09
26.52
25.71
25.03
18.71
26.09
26.88
74
4.15
Return on assets%
4.60
1.87
1.03
0.40
0.40
2.12
0.40
3.14
5.07
5.24
4.16
3.14
2.00
76
2.87
EPSNT$
5.27
5.17
4.67
4.77
4.49
4.66
4.88
4.75
4.48
4.41
2.93
(0.33%)
(1.20%)
—
7.95
EPS growth%
26.05
24.60
26.33
25.68
26.84
24.69
24.71
24.79
25.57
28.36
24.72
24.79
25.63
12
2.64
Bookvalue per shNT$
2.94
2.83
3.12
3.52
3.42
3.17
3.63
4.03
4.66
4.93
3.01
7.61%
6.45%
—
2.04
FCF per shareNT$
2.60
2.83
2.81
2.85
3.22
3.58
3.54
3.43
3.57
3.58
3.64
2.18%
3.63%
—
5.42
Dividend per shNT$
4.34
4.68
4.86
5.19
5.42
5.00
5.35
5.40
5.04
5.06
2.59
(1.35%)
1.90%
—
18.29
Div yield (avg)%
18.06
19.10
18.77
16.38
17.24
15.68
17.07
15.39
14.18
12.96
16.65
15.39
16.72
95
16.63
Payout ratio%
12.70
12.25
11.32
12.60
15.00
12.13
9.54
7.67
6.38
6.18
19.34
7.67
11.73
23
35.53
Shares (diluted)M
61.18
70.58
74.84
86.61
98.22
100.1
104.9
118.6
134.3
158.5
34.23
10.04%
10.48%
81
8.87
Buyback yield%
5.13
2.99
2.24
4.89
7.60
6.06
6.70
4.91
6.67
5.05
18.75
6.06
5.09
31
0.788
D/E ratiox
0.971
0.899
0.969
0.902
0.887
0.804
0.730
0.771
0.807
0.773
0.974
0.773
0.847
74
486.4
Enterprise valueNT$M
157.0
153.7
178.4
206.5
222.9
255.5
299.0
339.1
361.9
432.3
369.1
14.17%
11.09%
30
463.6
LT debtNT$M
107.9
103.5
110.1
101.5
108.5
96.76
94.17
85.39
80.56
87.73
298.1
(4.16%)
(1.91%)
5
Cost of revenue
8.15%
1.00×
Operating expenses
7.53%
0.94×
Spread over hurdle
(3.15%)