60.67
RevenueNT$M
89.11
90.46
92.09
96.18
101.4
106.5
110.4
114.1
119.1
122.2
67.45
3.81%
3.35%
20
21.63
Revenue growth%
0.40
0.40
3.25
6.17
3.86
5.38
7.51
10.26
11.30
8.56
21.71
8.56
5.77
30
28.49
Gross margin%
21.15
21.70
20.81
19.11
17.72
17.08
18.32
18.11
20.76
23.03
27.79
18.32
19.94
38
25.94
Operating margin%
22.77
24.00
26.94
27.32
26.93
27.02
27.64
26.33
23.61
24.20
21.76
26.33
26.63
73
11.75
Net margin%
24.66
22.41
24.20
25.16
24.23
26.85
27.00
26.05
25.13
22.41
18.35
26.05
24.90
85
26.28
P/E ratio (avg)x
22.20
22.35
25.06
25.99
28.40
26.50
25.02
24.04
25.87
24.23
27.09
25.02
25.04
65
32.02
EV/EBITx
48.81
48.99
49.00
57.57
67.70
75.69
81.78
82.37
80.93
84.89
17.57
81.78
71.70
22
10.73
FCF yield (avg)%
15.61
16.81
16.32
14.63
14.67
17.07
19.43
22.18
24.48
23.74
16.25
22.18
16.94
76
19.65
FCF margin%
14.23
13.88
13.13
14.87
16.82
18.64
20.32
21.46
22.66
23.62
9.19
21.46
17.73
12
0.428
FCF / Net incomex
0.910
0.788
0.719
0.723
0.682
0.656
0.695
0.651
0.634
0.612
0.230
0.651
0.689
33
23.47
ROIC%
21.14
20.71
22.45
19.50
17.41
18.46
17.11
17.03
16.29
15.30
28.47
17.03
17.93
72
29.14
Return on equity%
24.19
25.35
27.52
29.51
28.67
27.08
27.49
28.24
31.14
33.54
17.97
28.24
27.88
14
10.10
Return on assets%
11.96
9.48
8.03
8.50
11.15
9.55
6.85
4.19
3.85
6.46
8.87
6.46
8.26
31
0.79
EPSNT$
1.14
1.09
1.15
1.12
0.99
1.05
1.03
1.13
1.15
1.26
0.85
4.84%
1.10%
—
27.25
EPS growth%
29.09
27.61
26.46
26.55
26.13
25.15
24.30
23.76
26.61
27.22
17.35
25.15
26.51
70
1.70
Bookvalue per shNT$
1.51
1.70
1.86
1.78
1.79
1.87
2.01
1.94
2.16
2.29
0.52
4.99%
3.59%
—
1.78
FCF per shareNT$
0.65
0.63
0.72
0.82
0.85
0.84
0.84
0.89
0.89
0.82
0.48
(0.57%)
3.32%
—
0.86
Dividend per shNT$
1.88
2.18
2.55
2.54
2.68
3.06
2.97
3.33
3.35
3.28
1.63
4.15%
7.02%
—
16.52
Div yield (avg)%
7.91
8.96
8.14
7.11
7.62
7.39
8.95
11.52
10.25
7.43
6.02
8.95
8.03
28
11.13
Payout ratio%
17.83
17.07
20.01
21.20
18.50
20.18
17.68
20.29
21.65
23.29
29.66
20.29
20.09
25
66.60
Shares (diluted)M
80.39
86.46
89.98
81.38
75.24
79.80
73.84
75.67
76.16
72.90
65.28
(0.63%)
(0.03%)
82
21.33
Buyback yield%
2.71
3.92
6.05
8.30
5.52
4.35
2.84
4.19
6.57
9.05
24.75
4.35
4.94
82
0.163
D/E ratiox
0.681
0.785
0.883
0.919
0.862
0.820
0.809
0.778
0.852
0.803
0.474
0.809
0.815
70
129.7
Enterprise valueNT$M
37.34
36.34
32.35
34.13
31.91
32.75
28.08
27.60
26.02
26.02
57.50
(4.00%)
(2.89%)
35
83.44
LT debtNT$M
61.09
60.77
60.06
55.92
49.24
45.87
47.39
47.66
49.15
43.39
127.4
(2.49%)
(4.65%)
57
Cost of revenue
3.64%
1.03×
Operating expenses
3.11%
0.98×
Goodwill & intangibles
18.54%
Property and equipment
17.59%
Spread over hurdle
(3.23%)