469.5
RevenueNT$M
443.2
465.7
504.1
549.7
594.2
623.2
654.9
709.1
763.8
807.5
510.7
6.33%
6.76%
24
4.32
Revenue growth%
15.24
12.85
12.96
10.66
10.67
12.35
14.82
14.89
13.40
15.00
12.73
14.82
13.18
80
17.05
Gross margin%
1.21
0.40
2.13
3.07
4.09
5.89
2.96
2.53
0.73
0.40
18.86
2.53
2.33
21
11.33
Operating margin%
14.91
17.57
15.89
14.53
12.37
14.30
12.82
11.14
10.53
10.64
29.01
11.14
13.56
16
29.73
Net margin%
25.28
23.52
22.96
20.59
19.62
20.59
20.45
22.97
21.60
21.66
6.79
21.60
21.63
39
14.78
P/E ratio (avg)x
24.25
28.22
32.26
38.62
42.19
42.95
45.56
48.24
57.17
65.49
21.76
48.24
42.57
41
31.42
EV/EBITx
11.38
13.07
13.17
15.57
16.35
16.12
17.20
20.52
22.52
23.09
28.98
20.52
16.23
52
13.06
FCF yield (avg)%
14.93
16.14
14.92
13.14
11.77
14.53
16.20
14.25
14.89
17.58
25.48
14.89
14.91
48
2.61
FCF margin%
7.50
7.43
7.31
6.85
8.89
8.40
9.82
7.23
6.66
7.65
11.86
7.65
7.46
54
1.048
FCF / Net incomex
0.536
0.548
0.515
0.529
0.529
0.496
0.562
0.530
0.589
0.612
0.419
0.562
0.533
62
12.25
ROIC%
11.89
11.95
10.52
8.34
7.39
7.94
5.22
4.80
6.87
4.62
8.48
5.22
7.67
64
22.29
Return on equity%
8.36
10.55
8.44
8.45
6.53
5.32
2.88
2.80
0.42
0.40
14.71
2.80
5.92
84
28.50
Return on assets%
11.48
13.17
13.80
14.60
15.31
14.71
13.25
15.35
12.56
13.60
6.36
13.60
13.70
55
2.24
EPSNT$
4.35
4.89
5.17
5.63
5.52
5.73
5.73
6.69
7.01
6.93
2.41
4.65%
5.83%
—
9.56
EPS growth%
12.60
13.61
13.80
14.14
13.94
16.27
13.57
15.81
16.73
15.20
22.11
15.81
14.04
76
3.89
Bookvalue per shNT$
3.16
2.92
2.65
2.25
2.06
1.86
1.73
1.58
1.60
1.67
2.50
(4.10%)
(7.66%)
—
1.91
FCF per shareNT$
4.02
3.85
3.88
4.51
5.19
5.90
6.91
7.53
7.47
7.38
2.03
7.27%
7.68%
—
1.41
Dividend per shNT$
1.96
2.11
2.28
2.48
2.45
2.24
2.13
1.98
1.93
2.13
2.21
(2.75%)
1.60%
—
28.56
Div yield (avg)%
25.22
27.37
24.55
27.31
29.49
29.27
26.62
26.10
24.30
21.97
13.77
26.10
26.36
8
14.89
Payout ratio%
25.48
23.16
21.48
18.64
19.37
19.47
18.97
21.65
23.65
25.81
4.44
21.65
21.57
51
174.8
Shares (diluted)M
165.6
186.4
204.6
194.3
209.5
223.5
238.0
244.8
257.1
236.4
183.5
2.45%
2.80%
21
7.95
Buyback yield%
4.78
4.32
3.02
0.53
3.00
3.42
1.84
3.40
4.00
3.56
16.05
3.42
3.41
16
1.374
D/E ratiox
0.899
0.903
0.860
0.844
0.879
0.862
0.822
0.865
0.769
0.788
0.290
0.822
0.861
72
792.5
Enterprise valueNT$M
404.1
447.4
436.6
476.3
530.8
567.6
645.0
695.7
740.2
711.7
103.5
6.04%
6.53%
47
0.203
LT debtNT$B
0.934
1.034
1.017
1.109
1.310
1.343
1.542
1.857
2.122
2.218
0.393
11.10%
9.44%
36
Cost of revenue
6.80%
1.00×
Operating expenses
7.00%
1.02×
Property and equipment
15.84%
Cash and investments
15.46%
Spread over hurdle
(1.80%)