91.52
RevenueNT$M
122.2
131.2
139.6
145.3
155.6
166.4
174.2
185.8
200.6
216.2
97.63
6.80%
6.48%
22
2.61
Revenue growth%
17.31
17.88
20.80
17.93
19.46
17.10
16.72
15.18
12.71
13.05
26.82
15.18
17.20
82
9.41
Gross margin%
26.97
27.39
28.35
27.02
24.09
21.25
18.53
21.31
18.40
19.01
7.98
19.01
22.70
70
6.60
Operating margin%
22.41
25.12
27.96
28.64
28.26
27.87
26.94
26.70
25.73
24.13
17.26
26.70
26.82
78
22.18
Net margin%
21.77
24.12
21.59
23.08
20.99
21.21
24.06
26.36
25.20
26.16
6.50
25.20
23.57
5
11.73
P/E ratio (avg)x
35.43
30.80
27.18
25.02
24.59
24.90
22.10
21.04
22.88
22.78
19.18
22.78
24.74
77
31.52
EV/EBITx
16.83
18.38
18.94
18.60
20.39
20.11
21.46
19.79
22.10
19.67
31.84
20.11
19.73
87
8.69
FCF yield (avg)%
11.46
11.12
12.64
15.11
15.46
14.53
11.83
13.85
11.74
13.20
2.24
13.20
12.92
48
15.86
FCF margin%
39.37
37.17
37.73
38.60
36.84
39.30
37.49
35.28
35.16
37.43
3.49
37.43
37.46
55
0.136
FCF / Net incomex
1.783
1.872
1.855
2.047
2.380
2.612
2.571
2.871
3.198
3.479
1.535
2.871
2.476
90
22.00
ROIC%
23.91
24.80
25.19
27.20
28.11
25.36
26.07
25.79
26.56
24.53
5.16
25.79
25.57
35
14.95
Return on equity%
13.00
15.29
14.60
13.43
10.85
11.20
11.85
13.28
13.04
13.50
7.85
13.04
13.16
28
22.67
Return on assets%
10.81
11.76
10.48
8.39
9.69
7.26
7.37
9.60
11.18
11.37
5.23
9.60
10.08
54
1.92
EPSNT$
0.41
0.39
0.45
0.51
0.52
0.58
0.60
0.67
0.71
0.70
1.99
6.26%
5.95%
—
12.65
EPS growth%
9.19
8.27
9.87
11.54
13.90
15.74
15.11
17.37
16.58
14.86
25.06
15.74
14.38
76
1.28
Bookvalue per shNT$
0.76
0.81
0.85
0.88
0.77
0.69
0.66
0.72
0.71
0.73
0.51
(1.03%)
(0.87%)
—
1.39
FCF per shareNT$
0.66
0.58
0.60
0.53
0.48
0.43
0.45
0.46
0.42
0.45
0.97
(1.50%)
(3.51%)
—
1.54
Dividend per shNT$
2.19
2.22
2.53
2.44
2.63
2.82
2.77
2.74
2.80
3.17
1.94
3.76%
5.13%
—
13.13
Div yield (avg)%
16.41
14.25
13.18
10.95
9.25
8.51
11.49
11.00
8.40
8.08
15.63
8.51
10.97
35
14.78
Payout ratio%
19.35
19.06
20.78
23.09
22.97
21.24
23.29
26.22
28.05
29.17
13.43
26.22
23.03
50
77.38
Shares (diluted)M
90.15
83.64
91.32
99.32
108.0
104.2
118.2
135.7
150.5
145.9
73.21
6.20%
4.68%
23
9.14
Buyback yield%
12.37
11.76
10.36
11.41
13.85
12.17
11.07
9.85
8.52
8.54
20.97
9.85
11.24
33
0.560
D/E ratiox
0.177
0.173
0.179
0.182
0.162
0.166
0.150
0.138
0.147
0.144
1.739
0.147
0.164
86
132.4
Enterprise valueNT$M
73.04
77.08
77.86
80.54
83.24
86.24
84.28
87.67
79.48
81.14
89.33
(0.51%)
1.77%
77
128.8
LT debtNT$M
168.5
173.8
205.0
229.0
256.6
257.0
279.4
295.8
351.0
402.3
93.76
9.41%
9.53%
88
Cost of revenue
6.70%
1.02×
Operating expenses
5.95%
0.95×
Cash and investments
21.94%
Spread over hurdle
16.52%