106.9
RevenueNT$M
108.5
109.0
113.3
112.7
115.0
119.6
120.7
124.6
124.1
126.8
119.4
1.97%
1.94%
79
26.70
Revenue growth%
8.92
10.06
7.65
6.72
4.57
3.44
3.51
5.11
2.74
4.71
12.01
3.51
4.91
6
25.45
Gross margin%
3.02
1.22
3.32
1.24
0.40
3.00
2.22
4.83
6.31
4.10
15.75
4.10
3.01
53
9.22
Operating margin%
19.53
21.80
20.38
21.67
20.88
18.22
16.32
16.71
14.55
15.41
21.60
16.32
18.88
46
13.02
Net margin%
28.01
29.07
29.88
29.17
31.27
30.86
32.74
33.59
35.77
36.92
21.71
33.59
31.06
15
32.40
P/E ratio (avg)x
19.48
19.43
19.34
18.78
17.89
18.59
20.05
22.22
21.44
21.71
29.02
21.44
19.45
30
20.42
EV/EBITx
46.64
45.67
45.24
50.82
51.09
54.08
55.76
60.39
63.41
65.44
25.55
60.39
52.59
36
10.27
FCF yield (avg)%
32.21
33.53
30.87
32.66
32.27
31.69
34.09
34.01
34.21
31.67
23.52
34.01
32.47
37
5.18
FCF margin%
27.70
30.53
29.34
28.41
27.81
27.54
25.75
26.54
26.35
24.15
18.14
26.35
27.62
93
0.580
FCF / Net incomex
1.041
0.942
0.904
1.004
0.988
0.945
1.051
1.175
1.063
1.006
0.760
1.051
1.005
79
4.36
ROIC%
8.15
6.25
5.10
6.07
8.23
9.83
7.71
9.42
12.39
11.33
5.59
9.83
8.19
17
23.04
Return on equity%
13.88
12.61
14.85
13.85
15.50
13.91
16.78
17.02
17.88
15.31
23.03
16.78
15.08
81
19.86
Return on assets%
12.46
13.33
12.07
9.73
7.69
6.42
4.79
4.69
4.06
5.29
26.49
4.79
7.06
73
1.35
EPSNT$
1.48
1.53
1.58
1.40
1.39
1.27
1.15
1.08
0.96
0.87
1.41
(8.86%)
(5.22%)
—
17.15
EPS growth%
7.16
8.39
6.30
8.76
7.34
8.33
5.82
7.69
10.46
10.40
21.51
8.33
8.01
25
1.01
Bookvalue per shNT$
0.43
0.47
0.55
0.58
0.57
0.55
0.56
0.67
0.75
0.86
1.29
8.54%
6.83%
—
0.61
FCF per shareNT$
1.28
1.30
1.30
1.17
1.01
1.09
1.17
1.08
1.08
0.98
1.68
(0.67%)
(2.46%)
—
1.13
Dividend per shNT$
1.03
0.93
0.99
1.10
1.22
1.36
1.47
1.55
1.51
1.65
0.88
6.25%
4.54%
—
7.03
Div yield (avg)%
25.31
25.54
23.36
25.85
24.17
25.93
26.03
23.98
23.27
20.66
22.82
23.98
24.74
27
5.72
Payout ratio%
16.69
15.13
17.92
16.72
18.76
17.93
19.97
17.14
18.90
16.36
23.28
17.93
17.53
8
68.10
Shares (diluted)M
66.52
74.88
68.32
63.48
63.55
65.12
71.52
79.02
83.17
77.16
67.97
3.96%
0.45%
41
10.26
Buyback yield%
0.40
2.71
4.96
3.94
3.75
4.55
5.49
2.50
3.01
4.36
10.09
4.36
3.84
68
1.229
D/E ratiox
0.549
0.594
0.615
0.571
0.580
0.612
0.632
0.631
0.661
0.578
1.187
0.631
0.603
72
33.14
Enterprise valueNT$M
35.09
40.33
41.43
40.07
40.41
41.76
40.21
47.25
47.94
50.00
145.5
4.35%
4.58%
46
85.34
LT debtNT$M
95.46
97.15
99.47
108.4
127.5
126.3
123.0
122.8
122.3
143.0
17.01
2.32%
3.57%
15
Cost of revenue
1.85%
0.99×
Operating expenses
2.09%
1.01×
Property and equipment
16.72%
Goodwill & intangibles
15.62%
Spread over hurdle
(0.59%)