56.57
RevenueNT$M
128.6
132.0
134.9
134.8
132.2
134.2
137.2
141.3
140.8
144.6
61.26
1.82%
1.25%
58
23.99
Revenue growth%
5.17
4.40
1.45
2.69
1.77
0.96
0.40
1.28
2.54
3.90
29.03
1.28
2.16
10
14.85
Gross margin%
21.86
22.80
21.36
22.95
25.67
28.43
27.82
30.38
32.88
35.42
21.33
30.38
26.75
33
6.54
Operating margin%
24.45
22.42
20.04
17.48
19.35
20.37
19.15
20.45
22.45
19.99
13.47
20.37
20.20
23
13.62
Net margin%
21.99
23.55
25.93
24.99
25.95
25.00
27.42
28.56
25.60
23.99
11.66
25.60
25.30
44
13.17
P/E ratio (avg)x
18.22
16.41
16.27
18.02
18.45
16.92
17.43
15.86
14.56
16.05
13.35
16.05
16.66
90
16.70
EV/EBITx
25.70
26.17
26.06
26.95
26.71
30.08
29.10
30.61
34.54
36.79
35.44
30.61
28.03
15
29.23
FCF yield (avg)%
14.69
12.10
10.89
10.74
12.55
11.91
11.27
11.17
11.14
13.83
29.42
11.27
11.59
12
21.59
FCF margin%
20.27
17.88
18.13
17.11
19.55
21.52
19.54
17.78
16.05
18.05
29.13
18.05
18.09
7
0.200
FCF / Net incomex
1.307
1.242
1.216
1.030
0.918
0.942
0.855
0.910
0.926
0.986
1.304
0.926
0.964
8
11.14
ROIC%
18.80
19.80
21.78
24.15
22.39
24.36
21.94
24.21
25.83
28.13
8.50
24.36
23.27
69
9.99
Return on equity%
19.14
19.36
19.48
18.29
18.04
16.53
14.60
12.28
10.26
8.37
9.50
12.28
17.29
19
4.62
Return on assets%
7.37
5.13
5.40
3.18
2.99
5.22
6.24
4.57
4.08
4.82
19.16
4.82
4.97
88
1.68
EPSNT$
5.12
5.25
5.34
5.39
5.53
5.98
6.02
6.05
6.68
7.52
1.72
6.36%
3.54%
—
23.19
EPS growth%
13.86
16.49
15.26
17.20
18.59
20.79
19.04
20.22
18.85
15.90
24.69
19.04
17.89
7
2.96
Bookvalue per shNT$
4.32
4.67
4.31
4.45
4.86
4.41
4.59
4.63
5.05
4.87
2.56
0.06%
1.38%
—
1.57
FCF per shareNT$
2.72
2.92
2.93
3.08
3.34
3.29
3.54
3.47
3.44
4.05
1.76
3.95%
5.08%
—
0.95
Dividend per shNT$
2.90
2.93
2.81
2.98
3.05
2.96
2.92
2.69
2.77
2.71
2.98
(2.32%)
(1.28%)
—
24.79
Div yield (avg)%
11.26
11.24
12.50
12.92
15.48
13.02
11.42
10.66
12.36
10.23
18.63
11.42
11.89
7
23.57
Payout ratio%
12.64
13.11
13.77
16.27
16.38
18.94
17.43
15.65
13.90
12.92
3.53
15.65
14.78
14
30.10
Shares (diluted)M
36.91
36.85
37.89
37.29
40.99
44.55
47.34
51.51
50.13
49.16
30.78
3.70%
4.11%
30
28.60
Buyback yield%
5.30
6.25
5.49
8.03
10.85
9.67
8.66
10.13
12.39
13.62
13.27
10.13
9.16
32
1.050
D/E ratiox
0.761
0.686
0.688
0.695
0.613
0.563
0.615
0.613
0.624
0.584
0.677
0.613
0.619
16
64.55
Enterprise valueNT$M
41.43
41.46
42.97
50.88
52.30
57.78
67.83
71.34
75.35
85.63
188.2
10.36%
8.09%
25
37.24
LT debtNT$M
105.1
97.35
110.6
115.6
109.7
115.4
108.9
110.7
118.2
115.0
87.47
0.94%
(0.01%)
81
Cost of revenue
1.25%
1.00×
Operating expenses
2.20%
1.10×
Cash and investments
15.58%
Spread over hurdle
(0.55%)