309.1
RevenueNT$M
533.7
558.7
579.9
599.1
617.7
661.0
694.8
744.6
803.1
844.1
327.9
6.44%
5.11%
45
4.15
Revenue growth%
21.34
24.06
25.68
26.70
27.51
26.40
26.55
28.59
26.67
28.89
15.00
26.67
26.61
34
24.02
Gross margin%
18.60
20.37
23.15
23.41
21.37
23.83
22.03
19.49
20.37
21.24
6.82
21.24
21.30
72
12.98
Operating margin%
14.59
17.51
18.94
18.18
16.64
15.19
12.20
9.62
11.70
11.28
16.74
11.70
14.89
7
22.15
Net margin%
20.41
20.91
20.49
23.49
20.65
17.79
18.98
19.44
20.13
17.82
4.14
18.98
20.27
62
29.94
P/E ratio (avg)x
9.229
10.21
9.920
11.43
12.64
12.90
12.26
13.43
12.64
14.59
21.75
12.90
12.45
43
15.58
EV/EBITx
15.45
15.63
15.50
16.23
14.49
16.15
15.32
14.35
13.03
12.81
13.79
14.35
15.39
74
12.53
FCF yield (avg)%
12.85
12.75
9.93
9.95
12.06
10.55
10.11
9.04
6.17
3.77
13.22
9.04
10.03
54
13.97
FCF margin%
17.33
18.78
20.03
20.14
18.47
21.16
22.95
20.81
17.99
15.15
29.14
20.81
19.40
94
1.312
FCF / Net incomex
0.611
0.700
0.687
0.717
0.799
0.921
0.974
1.085
1.257
1.268
1.504
1.085
0.860
84
15.10
ROIC%
8.21
5.24
6.83
5.58
5.49
4.80
4.11
1.90
2.01
3.52
12.42
3.52
5.02
83
27.64
Return on equity%
20.22
20.45
20.42
21.47
18.49
18.22
19.00
21.84
20.62
22.10
17.12
20.62
20.44
35
22.47
Return on assets%
19.62
18.94
21.92
20.16
21.23
18.94
16.34
16.34
18.55
20.63
26.85
18.55
19.28
33
1.15
EPSNT$
3.87
3.78
3.89
4.38
4.80
5.35
6.13
7.02
6.65
6.82
1.18
7.29%
5.15%
—
12.73
EPS growth%
14.22
11.85
14.83
17.52
19.43
18.77
19.56
21.34
20.01
17.71
11.64
19.56
18.24
8
0.82
Bookvalue per shNT$
2.71
3.01
3.12
3.55
4.02
4.70
5.17
5.79
6.59
7.50
4.20
13.25%
12.32%
—
3.80
FCF per shareNT$
1.86
2.02
2.26
2.27
2.12
2.15
2.49
2.60
2.96
2.92
2.76
6.60%
5.48%
—
4.04
Dividend per shNT$
3.96
4.32
4.27
4.39
4.45
4.71
5.10
5.33
5.85
6.69
4.41
8.53%
5.25%
—
9.95
Div yield (avg)%
3.28
5.50
4.18
1.88
3.92
2.95
0.80
3.63
2.80
4.57
16.15
2.95
3.46
42
5.24
Payout ratio%
18.41
16.50
16.53
17.00
19.40
19.17
16.44
18.86
17.72
20.26
17.96
18.86
18.07
63
45.46
Shares (diluted)M
42.97
46.72
47.41
47.20
46.26
43.34
39.18
40.41
38.29
42.02
47.10
(1.90%)
(1.05%)
87
14.25
Buyback yield%
13.09
11.57
13.28
15.97
15.07
12.15
11.97
9.01
11.38
8.52
3.14
11.38
12.06
73
1.365
D/E ratiox
1.251
1.316
1.207
1.279
1.420
1.290
1.160
1.047
0.962
0.953
1.497
1.047
1.229
53
0.706
Enterprise valueNT$B
0.908
0.885
0.932
1.070
1.204
1.246
1.448
1.438
1.637
1.605
0.453
5.91%
7.24%
78
720.1
LT debtNT$M
444.7
464.8
534.8
515.1
503.7
555.2
611.1
662.1
759.4
837.3
610.8
10.70%
6.25%
15
Cost of revenue
5.11%
1.00×
Operating expenses
5.15%
1.00×
Property and equipment
16.42%
Spread over hurdle
(7.25%)