53.01
RevenueNT$M
43.16
46.26
48.72
50.70
53.94
55.19
59.10
61.23
65.20
66.99
58.44
4.43%
4.98%
32
13.25
Revenue growth%
10.06
11.43
11.02
11.69
11.74
12.48
12.94
12.38
11.69
12.17
10.11
12.38
11.71
64
8.71
Gross margin%
28.60
26.51
28.69
30.60
30.82
32.01
31.39
29.42
32.33
29.45
17.30
31.39
30.02
53
25.81
Operating margin%
21.41
23.99
26.72
26.11
28.79
28.01
25.71
28.12
29.86
29.39
21.28
28.12
27.37
31
6.96
Net margin%
14.25
15.14
16.59
13.63
15.95
17.96
17.12
15.66
15.44
16.45
4.78
16.45
15.81
28
8.405
P/E ratio (avg)x
26.88
32.35
32.23
34.22
37.06
37.39
43.75
45.76
45.00
49.42
27.04
45.00
37.23
79
10.39
EV/EBITx
30.67
28.66
32.44
36.76
34.15
38.30
37.05
35.11
38.65
42.66
21.80
38.30
35.94
16
22.13
FCF yield (avg)%
14.42
11.78
12.13
14.46
15.04
15.24
15.93
15.03
12.85
12.43
19.32
15.03
14.44
52
8.04
FCF margin%
20.93
20.37
23.08
20.71
22.35
23.97
23.19
23.26
21.18
22.83
20.21
23.19
22.59
63
0.882
FCF / Net incomex
1.227
1.362
1.309
1.400
1.467
1.633
1.749
1.593
1.663
1.803
0.861
1.663
1.530
41
9.67
ROIC%
5.27
4.01
2.94
5.28
2.56
1.64
2.29
3.88
4.47
1.60
2.92
2.29
3.41
23
20.49
Return on equity%
6.92
5.30
4.49
3.15
0.47
0.98
0.40
0.40
1.21
0.40
19.92
0.40
1.09
64
20.48
Return on assets%
22.24
21.33
21.30
23.41
21.23
21.66
23.02
20.44
19.42
17.85
29.76
20.44
21.31
23
5.61
EPSNT$
4.31
4.84
4.51
4.00
3.74
3.69
4.01
3.89
3.69
4.13
6.16
1.99%
0.16%
—
3.81
EPS growth%
17.47
18.75
20.60
19.90
18.04
18.22
15.86
14.45
15.12
15.13
4.76
15.13
17.75
19
5.59
Bookvalue per shNT$
4.70
5.41
5.80
6.84
6.89
7.61
8.36
8.86
8.67
8.97
1.08
5.42%
8.15%
—
1.66
FCF per shareNT$
3.09
2.87
2.70
2.78
2.79
2.61
2.49
2.45
2.49
2.66
3.36
(0.98%)
(2.50%)
—
1.33
Dividend per shNT$
8.91
9.51
11.13
12.72
14.05
14.74
15.43
18.05
21.68
24.04
4.57
11.33%
10.41%
—
28.44
Div yield (avg)%
2.56
5.44
4.48
2.52
3.98
2.87
1.66
4.02
3.82
1.44
16.35
2.87
3.34
24
4.98
Payout ratio%
15.65
14.78
14.30
14.90
14.24
11.80
11.54
12.27
9.69
11.14
28.10
11.54
13.26
73
13.59
Shares (diluted)M
16.98
15.79
17.87
18.66
18.87
20.97
22.91
22.58
21.49
20.96
13.35
2.12%
2.57%
49
3.98
Buyback yield%
19.74
18.80
20.63
21.25
19.48
20.17
20.47
20.80
18.63
16.00
14.54
20.17
19.96
81
0.227
D/E ratiox
0.333
0.349
0.321
0.330
0.301
0.286
0.285
0.269
0.296
0.297
1.146
0.286
0.299
34
57.50
Enterprise valueNT$M
76.86
85.44
84.07
89.58
96.25
107.4
119.6
119.0
130.8
151.7
23.10
9.53%
8.16%
76
15.76
LT debtNT$M
50.46
50.41
57.09
67.40
76.24
80.59
81.45
92.18
104.0
120.7
43.42
9.62%
9.33%
50
Cost of revenue
4.75%
0.98×
Operating expenses
6.12%
1.11×
Property and equipment
16.37%
Spread over hurdle
31.55%