188.1
RevenueNT$M
158.5
172.3
186.5
202.5
218.8
233.4
256.6
274.7
300.5
321.9
200.7
8.03%
8.07%
80
22.46
Revenue growth%
12.34
12.28
12.64
13.46
15.30
15.55
17.24
15.97
14.51
17.12
7.50
15.97
14.90
71
4.57
Gross margin%
6.93
4.43
2.34
3.78
1.71
1.79
0.40
0.40
2.02
3.09
20.72
1.79
2.18
49
7.24
Operating margin%
20.32
23.23
21.06
22.91
24.54
23.89
23.95
22.58
24.37
26.10
16.53
23.95
23.56
16
18.94
Net margin%
25.83
26.81
26.32
29.29
31.54
31.75
30.22
28.52
30.18
32.25
2.16
30.22
29.73
13
14.89
P/E ratio (avg)x
33.36
32.83
38.41
45.90
48.51
50.75
55.11
65.75
66.51
69.32
29.43
65.75
49.63
87
12.40
EV/EBITx
35.47
38.56
35.31
35.19
37.71
37.78
36.12
39.60
36.90
33.94
29.62
36.90
36.51
31
3.06
FCF yield (avg)%
6.67
5.98
6.74
7.96
5.64
8.29
7.74
9.75
10.24
9.48
26.33
9.48
7.85
15
26.57
FCF margin%
20.19
23.15
20.84
19.73
16.99
18.44
20.73
19.17
16.59
17.80
16.60
18.44
19.45
60
0.132
FCF / Net incomex
0.570
0.608
0.650
0.737
0.755
0.764
0.864
0.942
0.909
0.907
1.495
0.907
0.759
14
22.69
ROIC%
19.43
18.97
21.87
19.38
18.64
16.49
17.57
16.32
13.92
16.11
2.76
16.32
18.10
11
13.69
Return on equity%
18.88
21.01
22.76
23.54
20.87
18.96
20.73
21.32
23.53
26.27
19.72
21.32
21.17
85
19.37
Return on assets%
3.86
5.40
5.12
2.97
4.21
2.81
2.20
0.40
0.40
3.00
21.04
2.20
2.98
26
0.25
EPSNT$
0.52
0.57
0.64
0.74
0.82
0.88
0.87
0.92
1.07
1.15
0.26
7.14%
9.44%
—
7.96
EPS growth%
23.14
22.41
19.63
18.44
20.33
22.21
22.00
20.62
18.43
19.80
18.64
20.62
20.48
47
1.59
Bookvalue per shNT$
0.45
0.44
0.43
0.48
0.49
0.46
0.47
0.48
0.54
0.57
0.71
2.89%
3.70%
—
1.20
FCF per shareNT$
1.07
1.14
1.10
1.32
1.30
1.29
1.35
1.60
1.65
1.60
1.00
4.25%
5.83%
—
1.44
Dividend per shNT$
2.14
2.41
2.49
2.37
2.58
2.90
2.63
2.60
2.72
2.74
0.97
1.17%
3.74%
—
17.48
Div yield (avg)%
20.59
21.87
19.77
22.41
20.69
19.00
19.34
20.74
20.15
22.22
18.03
20.15
20.64
75
27.73
Payout ratio%
6.43
8.37
7.47
7.19
5.13
5.09
2.40
0.40
1.54
2.36
14.09
2.36
5.11
18
48.06
Shares (diluted)M
42.40
39.40
33.88
29.12
31.67
28.62
24.92
22.49
22.77
20.56
48.39
(8.28%)
(8.36%)
64
16.65
Buyback yield%
22.92
25.68
23.22
24.50
23.18
22.13
22.91
20.43
21.44
23.58
27.54
22.13
23.05
88
0.310
D/E ratiox
0.522
0.544
0.507
0.557
0.623
0.658
0.734
0.726
0.685
0.675
1.466
0.685
0.641
90
223.3
Enterprise valueNT$M
156.9
173.4
185.9
176.2
160.6
169.1
154.2
139.6
126.8
138.3
175.8
(2.95%)
(1.95%)
48
14.05
LT debtNT$M
270.2
270.9
276.3
294.1
291.2
288.6
316.7
299.5
328.9
346.7
226.9
3.55%
2.54%
46
Cost of revenue
8.06%
1.00×
Operating expenses
8.20%
1.01×
Goodwill & intangibles
15.96%
Cash and investments
15.38%
Spread over hurdle
10.18%