80.64
RevenueNT$M
95.86
105.6
117.0
125.6
136.5
151.3
167.8
185.6
205.0
218.6
86.14
9.88%
9.40%
95
12.94
Revenue growth%
34.04
33.65
31.68
32.10
31.61
31.99
31.47
28.51
29.62
30.59
2.47
30.59
31.64
50
17.44
Gross margin%
8.11
9.75
7.34
8.61
10.18
11.37
11.27
13.05
15.02
14.66
21.35
13.05
10.72
80
24.06
Operating margin%
3.64
1.89
4.33
5.84
6.00
8.64
5.86
6.79
3.91
1.49
21.03
5.86
5.09
60
29.93
Net margin%
22.78
20.99
22.91
21.29
20.21
21.76
24.02
22.78
21.27
23.24
17.64
22.78
22.27
16
10.49
P/E ratio (avg)x
17.54
20.30
19.28
19.23
19.67
21.47
24.67
27.74
29.59
27.74
34.72
27.74
20.88
66
10.61
EV/EBITx
13.81
12.14
11.08
12.20
11.20
11.58
10.58
11.63
10.74
11.67
9.036
11.58
11.60
75
9.04
FCF yield (avg)%
9.42
11.10
9.80
12.80
10.69
9.55
12.27
15.02
17.76
15.40
5.53
15.02
11.69
85
20.22
FCF margin%
10.31
8.12
9.35
11.71
13.96
12.06
11.57
12.26
14.47
13.32
7.19
12.26
11.88
42
1.222
FCF / Net incomex
0.952
0.935
0.932
1.117
1.099
1.148
1.309
1.378
1.466
1.634
1.685
1.378
1.132
13
23.21
ROIC%
8.98
6.69
4.23
3.39
5.56
8.32
7.28
10.28
8.10
5.76
26.14
8.10
6.98
11
27.26
Return on equity%
30.91
30.18
32.77
34.44
34.60
36.11
37.70
38.44
38.11
40.87
21.21
38.11
35.35
34
25.07
Return on assets%
15.18
14.76
14.94
14.22
11.55
8.90
10.67
7.87
10.72
10.01
20.62
10.01
11.13
88
3.51
EPSNT$
2.89
2.76
3.12
3.20
3.33
3.73
3.74
3.58
3.62
4.14
3.67
4.50%
3.97%
—
16.75
EPS growth%
14.42
14.39
12.66
12.66
13.61
15.41
12.61
10.50
11.48
11.03
7.97
11.48
12.66
55
1.94
Bookvalue per shNT$
3.30
3.39
3.29
3.28
3.18
3.14
3.38
3.04
3.27
3.54
4.73
2.12%
0.06%
—
2.06
FCF per shareNT$
4.28
3.89
3.40
3.43
3.37
3.50
3.68
3.89
3.91
3.51
4.15
0.85%
(1.99%)
—
3.09
Dividend per shNT$
7.15
8.59
9.29
10.08
11.04
11.96
11.91
11.99
14.01
16.80
1.20
8.76%
10.36%
—
13.38
Div yield (avg)%
0.40
2.04
1.06
1.94
4.91
6.67
4.63
3.53
6.02
6.12
20.56
6.02
4.08
72
17.74
Payout ratio%
6.51
4.91
2.72
1.06
0.40
0.40
1.79
3.63
3.38
1.54
20.60
1.79
2.25
81
25.26
Shares (diluted)M
28.96
32.12
31.86
30.61
33.74
36.96
42.00
43.24
48.15
46.81
25.10
6.77%
4.54%
31
21.58
Buyback yield%
2.37
0.86
0.40
2.63
0.73
0.40
3.26
3.46
0.91
3.63
9.44
3.26
1.64
65
1.646
D/E ratiox
0.336
0.313
0.351
0.349
0.353
0.397
0.461
0.511
0.581
0.607
1.668
0.511
0.375
53
25.32
Enterprise valueNT$M
180.9
200.9
225.2
236.2
244.9
261.3
292.4
285.6
276.7
317.4
71.30
5.33%
5.94%
33
116.8
LT debtNT$M
130.5
128.4
113.6
119.1
112.9
114.3
111.3
120.7
129.1
132.7
170.0
3.29%
1.05%
46
Cost of revenue
9.32%
0.99×
Operating expenses
9.48%
1.01×
Property and equipment
15.49%
Spread over hurdle
15.50%