53.18
RevenueNT$M
493.6
519.7
555.5
590.0
624.2
664.4
694.0
732.4
779.3
809.4
57.76
5.33%
5.82%
81
12.03
Revenue growth%
12.49
10.38
10.76
10.66
13.13
12.81
14.86
15.35
15.24
13.55
4.62
14.86
12.97
70
6.89
Gross margin%
10.50
13.50
11.19
9.69
9.98
8.36
9.19
12.07
12.87
13.36
15.27
12.07
10.85
62
24.33
Operating margin%
16.82
17.57
17.31
19.16
17.15
19.12
19.95
22.78
21.68
23.35
13.63
21.68
19.14
58
22.72
Net margin%
10.62
10.01
8.89
10.45
12.50
15.33
15.53
18.46
20.50
22.79
26.09
18.46
13.92
10
11.81
P/E ratio (avg)x
16.39
18.71
21.35
23.44
24.48
23.89
26.39
26.32
29.91
30.99
8.655
26.39
24.19
58
28.33
EV/EBITx
42.79
48.01
43.14
45.77
50.30
44.70
47.03
52.56
53.63
55.21
15.25
52.56
47.52
9
28.84
FCF yield (avg)%
13.79
13.88
13.89
11.11
14.03
12.95
14.30
16.95
18.41
19.43
24.14
16.95
13.96
9
21.89
FCF margin%
26.36
27.49
27.21
26.98
28.29
30.91
32.44
32.75
32.54
33.46
9.56
32.54
29.60
68
1.004
FCF / Net incomex
0.747
0.875
1.025
1.162
1.308
1.541
1.680
1.860
1.898
2.009
0.970
1.860
1.424
37
23.41
ROIC%
7.39
8.91
10.04
12.76
15.73
15.63
13.05
13.36
10.62
11.01
14.60
13.05
11.88
42
11.16
Return on equity%
26.31
26.77
25.27
28.13
30.60
30.37
29.17
26.88
26.45
23.55
23.41
26.88
26.83
92
14.49
Return on assets%
14.21
12.29
14.35
15.71
15.72
16.21
17.70
18.38
16.40
16.45
13.76
16.45
15.97
50
10.53
EPSNT$
3.95
3.63
3.59
3.20
3.16
2.93
2.94
2.84
3.02
2.88
11.23
(1.84%)
(2.79%)
—
24.04
EPS growth%
20.15
18.95
21.75
24.56
22.83
24.48
24.75
24.01
24.13
24.05
12.75
24.13
24.03
52
5.68
Bookvalue per shNT$
12.02
11.31
11.64
12.21
12.26
12.54
14.67
13.97
15.98
15.63
12.64
4.98%
3.61%
—
5.50
FCF per shareNT$
13.57
14.05
13.27
12.89
14.41
13.23
12.14
12.33
11.72
10.71
6.50
(5.76%)
(2.56%)
—
2.84
Dividend per shNT$
2.92
2.66
2.74
2.97
2.84
2.72
2.72
2.42
2.52
2.71
5.65
(0.91%)
(0.18%)
—
26.90
Div yield (avg)%
25.84
24.62
22.32
20.41
19.76
20.10
17.36
16.80
14.88
12.97
22.10
16.80
19.93
79
27.68
Payout ratio%
3.81
1.38
2.22
0.40
0.40
1.36
1.86
2.64
5.55
7.03
14.43
2.64
2.04
95
29.65
Shares (diluted)M
26.23
28.70
26.83
23.87
23.09
22.25
23.16
24.23
26.07
26.17
30.09
2.54%
(0.02%)
20
17.34
Buyback yield%
26.41
25.47
26.49
28.92
30.77
31.52
30.27
28.38
30.63
32.84
13.96
30.63
29.59
10
0.692
D/E ratiox
0.776
0.775
0.821
0.782
0.870
0.849
0.805
0.787
0.888
0.841
0.694
0.841
0.813
24
679.0
Enterprise valueNT$M
589.8
602.3
622.6
665.5
578.7
622.7
670.0
698.6
639.0
694.4
467.3
3.71%
0.72%
40
406.6
LT debtNT$M
156.9
175.1
175.0
189.0
174.4
189.6
200.7
228.5
213.0
224.7
714.9
5.20%
4.85%
42
Cost of revenue
6.00%
1.02×
Operating expenses
5.25%
0.95×
Spread over hurdle
(1.36%)