69.72
RevenueNT$M
140.7
149.1
160.4
172.4
187.5
199.6
213.4
232.0
251.4
269.4
76.61
7.51%
7.36%
66
28.17
Revenue growth%
23.09
22.04
23.28
25.94
26.50
28.28
25.41
25.39
24.59
21.96
6.90
25.39
24.99
12
3.84
Gross margin%
33.20
31.94
34.30
31.81
30.58
28.07
30.70
32.89
33.44
31.07
28.90
31.07
31.88
20
22.64
Operating margin%
26.14
25.85
25.93
28.47
29.47
26.74
28.32
29.45
28.90
29.49
8.06
28.90
28.39
81
14.71
Net margin%
1.91
0.60
1.88
0.40
2.82
3.82
3.79
1.48
0.40
2.72
16.41
2.72
1.90
78
6.374
P/E ratio (avg)x
17.82
20.11
23.50
23.07
23.77
27.64
29.34
30.02
30.71
30.22
35.95
30.02
25.71
48
28.41
EV/EBITx
33.67
34.47
37.78
37.31
36.60
40.80
40.82
41.18
43.35
40.71
26.01
40.82
39.25
52
3.00
FCF yield (avg)%
6.51
6.43
4.17
5.86
4.59
3.65
1.20
1.79
1.25
2.54
23.97
1.79
3.91
31
22.45
FCF margin%
13.75
12.74
13.46
14.70
14.99
15.50
17.01
17.99
20.95
20.80
24.05
17.99
15.24
59
0.630
FCF / Net incomex
0.247
0.259
0.244
0.269
0.304
0.287
0.288
0.286
0.313
0.344
0.553
0.288
0.287
10
6.99
ROIC%
27.14
28.04
25.68
24.84
26.97
28.62
28.90
29.04
26.56
24.46
25.97
28.62
27.06
8
24.05
Return on equity%
23.05
25.63
24.11
21.69
21.68
19.96
21.09
20.01
19.52
17.89
15.70
19.96
21.39
29
9.79
Return on assets%
28.19
27.01
29.27
28.19
26.39
28.79
29.66
30.03
30.62
33.12
8.61
30.03
29.03
90
1.31
EPSNT$
1.27
1.32
1.55
1.52
1.60
1.63
1.95
2.10
2.51
2.93
1.46
12.87%
8.40%
—
26.93
EPS growth%
14.09
12.01
12.33
11.07
9.21
11.08
13.82
11.59
9.77
11.40
23.46
11.40
11.49
56
0.80
Bookvalue per shNT$
1.03
1.16
1.35
1.41
1.51
1.76
1.80
1.78
1.72
1.75
0.53
2.95%
7.06%
—
0.90
FCF per shareNT$
1.27
1.35
1.38
1.64
1.95
2.03
2.29
2.29
2.35
2.46
1.11
4.78%
7.74%
—
0.57
Dividend per shNT$
0.70
0.67
0.67
0.70
0.75
0.79
0.73
0.77
0.78
0.70
0.88
(1.39%)
(0.82%)
—
16.50
Div yield (avg)%
22.26
20.77
21.46
23.34
24.89
22.46
19.55
17.49
17.99
16.74
3.72
17.99
21.12
9
3.05
Payout ratio%
6.10
3.99
3.54
6.37
8.55
11.47
10.38
11.22
10.89
10.19
24.30
10.89
9.37
66
148.8
Shares (diluted)M
138.9
147.6
159.1
150.4
139.7
142.7
149.6
128.7
115.4
115.3
150.7
(3.77%)
(1.27%)
67
4.86
Buyback yield%
12.17
13.87
15.76
18.68
19.91
20.79
23.67
21.51
22.90
22.66
24.32
22.66
20.35
22
0.276
D/E ratiox
0.114
0.105
0.118
0.116
0.128
0.121
0.121
0.134
0.125
0.123
1.632
0.123
0.121
52
181.5
Enterprise valueNT$M
183.8
160.1
173.5
156.6
137.2
135.9
124.1
132.0
121.7
123.8
19.41
(2.02%)
(4.83%)
69
22.37
LT debtNT$M
172.5
185.3
172.9
179.7
188.9
190.9
164.4
171.5
162.2
143.4
78.91
(5.37%)
(1.57%)
36
Cost of revenue
7.36%
1.00×
Operating expenses
7.38%
1.00×
Spread over hurdle
(0.77%)