23.10
RevenueNT$M
73.29
78.82
85.68
91.72
99.11
109.1
117.1
123.9
131.2
140.3
23.69
7.21%
7.76%
66
28.27
Revenue growth%
10.30
7.95
8.03
9.30
8.43
8.34
8.98
6.06
5.92
3.86
26.40
6.06
8.19
39
20.25
Gross margin%
29.11
31.34
29.95
27.14
29.88
28.64
28.66
26.89
26.11
29.01
29.25
28.64
28.83
94
12.99
Operating margin%
11.57
11.09
11.09
10.39
9.31
7.09
6.72
9.14
7.08
8.09
8.15
7.09
9.22
42
12.12
Net margin%
24.78
25.08
23.51
20.93
18.75
20.84
19.08
19.29
16.32
13.33
19.03
19.08
20.06
50
9.180
P/E ratio (avg)x
30.09
28.55
29.77
33.43
32.18
33.65
34.24
32.27
36.57
38.79
18.67
34.24
32.85
15
18.41
EV/EBITx
31.72
35.59
37.27
37.66
42.72
40.96
46.86
50.66
59.09
58.27
21.76
50.66
41.84
12
14.57
FCF yield (avg)%
4.19
5.16
8.04
10.63
13.04
12.50
10.63
8.12
7.47
9.12
3.66
9.12
8.62
35
9.16
FCF margin%
25.70
28.20
28.20
28.61
29.69
30.67
28.00
30.63
30.81
27.93
9.82
30.63
28.41
89
0.897
FCF / Net incomex
2.403
2.489
2.644
2.695
2.801
2.631
2.961
2.926
3.286
3.630
0.405
2.961
2.748
63
28.95
ROIC%
23.62
26.06
27.19
29.47
31.27
33.15
31.05
32.52
35.45
37.15
21.12
33.15
31.16
50
23.97
Return on equity%
4.62
5.73
8.63
11.26
11.88
14.48
17.26
20.15
21.97
24.80
8.71
20.15
13.18
43
25.81
Return on assets%
14.09
12.99
11.78
10.26
7.77
6.06
5.98
5.41
6.51
6.18
16.69
6.06
7.14
27
6.03
EPSNT$
5.21
5.07
5.38
5.39
5.09
4.91
4.45
5.03
4.60
4.98
6.26
(0.44%)
(0.21%)
—
22.09
EPS growth%
3.67
1.55
4.50
1.91
0.44
0.85
2.21
2.23
0.40
1.16
24.73
1.16
1.73
54
2.56
Bookvalue per shNT$
6.97
6.89
7.48
7.13
7.71
8.11
7.45
7.18
6.77
5.94
4.77
(5.06%)
(1.55%)
—
1.76
FCF per shareNT$
2.47
2.78
3.00
3.11
3.15
2.92
3.33
3.15
3.18
3.66
6.48
3.08%
4.90%
—
5.20
Dividend per shNT$
8.45
8.65
8.52
9.00
10.66
10.80
11.67
11.25
13.18
13.73
4.48
5.19%
5.69%
—
24.44
Div yield (avg)%
22.97
23.32
23.51
22.94
21.07
19.44
20.62
23.01
22.07
19.59
15.58
20.62
22.50
83
3.03
Payout ratio%
21.37
24.26
25.81
25.83
23.57
24.37
25.82
27.06
26.85
29.58
10.72
26.85
25.82
26
13.84
Shares (diluted)M
9.599
10.06
10.13
11.12
10.78
9.523
10.62
11.00
11.75
12.37
13.68
2.78%
1.63%
44
13.05
Buyback yield%
14.71
16.22
16.03
16.84
14.79
14.40
12.84
12.41
13.48
15.38
18.93
13.48
14.75
62
1.604
D/E ratiox
1.890
1.831
1.797
1.767
1.963
1.914
1.964
2.321
2.443
2.795
0.990
2.321
1.938
91
79.58
Enterprise valueNT$M
31.65
38.54
39.71
39.32
39.59
45.87
46.84
54.63
53.75
54.92
61.66
6.77%
6.65%
87
78.33
LT debtNT$M
75.68
71.19
68.97
71.01
64.86
67.87
63.06
68.15
62.79
54.80
74.72
(3.31%)
(3.50%)
85
Cost of revenue
7.70%
0.99×
Operating expenses
8.04%
1.03×
Goodwill & intangibles
15.39%
Spread over hurdle
16.03%