160.0
RevenueNT$M
320.5
348.9
381.6
400.9
433.9
468.2
492.1
526.2
558.0
585.8
175.5
6.19%
6.86%
89
15.56
Revenue growth%
0.81
0.40
0.40
2.36
1.72
4.43
4.75
1.90
0.40
0.40
5.68
1.90
1.27
38
10.30
Gross margin%
3.31
5.91
8.14
7.34
4.63
3.18
0.71
0.40
3.34
5.87
28.97
3.18
3.99
66
18.87
Operating margin%
6.20
3.90
3.04
2.16
0.40
0.40
1.16
1.65
0.90
3.27
27.72
1.16
1.90
21
24.34
Net margin%
14.34
12.25
9.45
11.54
14.00
17.00
16.02
17.54
20.36
23.28
13.20
17.54
15.18
24
23.11
P/E ratio (avg)x
21.45
22.76
21.43
18.66
17.71
18.35
18.35
19.37
20.21
17.27
29.13
18.35
19.02
12
20.70
EV/EBITx
26.52
26.11
28.05
30.90
34.92
40.47
43.65
52.03
58.78
68.79
12.54
52.03
37.70
55
21.84
FCF yield (avg)%
9.04
7.32
6.73
5.14
3.95
4.32
3.55
3.23
1.86
4.72
23.19
3.55
4.52
59
10.90
FCF margin%
12.12
13.73
12.05
15.02
13.47
14.94
17.32
14.81
13.89
16.38
22.58
14.94
14.35
83
0.180
FCF / Net incomex
1.862
2.076
2.094
2.376
2.791
3.047
3.119
2.976
3.454
3.913
0.261
3.119
2.884
90
15.77
ROIC%
17.72
18.45
17.92
18.52
21.44
18.44
19.99
20.62
17.80
17.72
26.84
18.44
18.44
36
22.31
Return on equity%
4.23
3.21
5.88
7.04
7.02
8.73
11.64
14.56
16.20
14.27
19.59
14.27
7.88
62
7.13
Return on assets%
18.55
21.31
20.07
19.53
17.53
16.68
16.03
18.59
19.67
16.72
16.30
16.72
18.57
38
1.83
EPSNT$
5.94
6.71
6.70
7.54
7.05
6.99
7.52
8.26
7.73
7.37
1.87
0.87%
1.55%
—
28.88
EPS growth%
8.71
8.13
9.76
7.03
4.21
3.68
1.37
0.40
0.40
2.11
14.12
1.37
3.94
44
6.49
Bookvalue per shNT$
1.72
1.67
1.61
1.89
2.25
2.67
3.08
3.51
3.94
4.13
2.77
12.92%
9.16%
—
3.99
FCF per shareNT$
3.03
3.40
3.33
3.24
3.17
3.56
3.95
4.14
3.76
3.49
3.96
1.91%
0.35%
—
3.34
Dividend per shNT$
2.15
2.37
2.55
2.91
2.96
3.11
3.43
3.68
4.23
4.86
1.82
10.43%
7.93%
—
8.89
Div yield (avg)%
16.44
18.11
20.03
22.87
24.25
22.24
21.01
22.86
25.21
24.49
8.83
22.86
22.55
87
7.27
Payout ratio%
19.84
19.21
17.29
15.33
17.51
18.76
19.46
21.24
18.64
18.56
5.39
18.76
18.70
7
90.71
Shares (diluted)M
133.9
131.2
129.8
149.4
162.2
177.9
194.3
222.6
244.2
239.7
92.07
8.12%
6.98%
63
26.28
Buyback yield%
2.88
5.40
7.76
8.33
9.07
8.62
7.90
6.82
7.73
8.02
22.96
7.90
7.83
5
1.037
D/E ratiox
1.690
1.736
1.758
1.907
2.273
2.707
2.691
3.018
3.424
3.594
1.593
3.018
2.482
94
0.463
Enterprise valueNT$B
0.648
0.779
0.793
0.880
0.972
1.149
1.113
1.219
1.197
1.380
0.290
7.25%
7.62%
91
176.0
LT debtNT$M
46.24
51.74
54.88
56.68
62.65
70.01
72.42
76.21
77.77
84.48
541.8
6.16%
7.38%
74
Cost of revenue
6.80%
0.99×
Operating expenses
7.08%
1.02×
Spread over hurdle
14.75%