38.98
RevenueNT$M
85.92
93.33
100.3
108.9
117.0
128.1
135.1
144.4
157.1
164.6
40.28
7.06%
7.34%
20
27.71
Revenue growth%
20.97
23.62
21.61
24.33
24.78
24.80
25.45
28.35
27.62
24.78
7.75
25.45
24.78
75
23.38
Gross margin%
15.33
18.10
16.62
19.10
21.00
19.68
19.23
20.59
19.27
17.86
23.72
19.27
19.16
58
29.95
Operating margin%
25.19
28.02
30.66
27.75
24.83
24.75
26.99
28.86
27.00
25.99
12.93
26.99
27.00
26
17.91
Net margin%
6.30
8.68
6.74
6.36
6.20
5.40
2.97
2.00
0.40
0.40
25.54
2.00
5.80
48
28.06
P/E ratio (avg)x
47.04
54.30
64.30
62.31
61.92
60.58
60.02
63.99
70.96
68.82
37.03
63.99
62.11
45
26.29
EV/EBITx
24.77
23.46
23.20
22.23
25.12
27.50
28.02
26.72
27.80
29.40
37.01
27.80
25.92
80
10.02
FCF yield (avg)%
20.76
22.18
20.83
22.13
20.00
22.84
21.70
21.41
23.76
20.97
4.70
21.70
21.55
29
5.15
FCF margin%
22.55
23.87
26.50
27.31
26.01
26.14
26.45
26.98
24.86
26.27
22.46
26.27
26.21
45
0.128
FCF / Net incomex
1.331
1.255
1.284
1.429
1.374
1.488
1.311
1.235
1.381
1.513
0.942
1.381
1.353
45
21.00
ROIC%
18.29
18.06
19.42
21.99
19.83
20.88
18.71
19.82
22.60
21.79
13.77
20.88
19.83
44
23.38
Return on equity%
8.11
7.07
8.91
10.53
10.06
11.59
13.11
10.73
9.85
12.14
24.47
11.59
10.30
9
28.05
Return on assets%
4.36
5.61
3.13
4.12
2.98
0.40
0.56
0.40
0.40
0.51
10.29
0.40
1.77
69
2.82
EPSNT$
0.45
0.41
0.44
0.41
0.43
0.39
0.37
0.40
0.42
0.45
2.91
0.72%
(0.51%)
—
28.13
EPS growth%
3.77
4.69
5.28
6.11
4.30
4.36
5.24
5.28
5.42
4.94
14.86
5.24
5.09
26
0.60
Bookvalue per shNT$
1.83
1.97
2.01
2.10
1.85
1.98
2.07
1.85
1.97
2.17
3.14
3.20%
1.81%
—
1.43
FCF per shareNT$
2.30
2.29
2.14
2.18
2.20
2.05
1.98
1.79
1.66
1.80
1.41
(3.98%)
(2.69%)
—
2.81
Dividend per shNT$
1.16
1.27
1.33
1.51
1.53
1.49
1.58
1.59
1.84
2.04
1.72
5.86%
7.67%
—
5.62
Div yield (avg)%
16.09
14.66
17.55
19.61
17.65
18.24
16.03
18.47
21.10
20.70
9.66
18.47
17.94
48
16.62
Payout ratio%
26.79
26.42
24.53
26.49
28.77
26.89
24.52
22.21
22.75
21.76
27.95
22.75
25.47
34
17.58
Shares (diluted)M
19.67
22.82
25.09
25.49
28.08
28.34
29.94
32.26
33.45
35.68
18.02
4.91%
5.46%
10
22.97
Buyback yield%
17.35
18.30
17.34
15.61
17.62
14.95
16.50
16.52
16.79
19.72
18.00
16.52
17.06
54
0.257
D/E ratiox
1.482
1.537
1.532
1.679
1.793
1.910
1.943
1.817
1.799
1.812
1.274
1.817
1.796
53
61.91
Enterprise valueNT$M
119.0
120.0
119.4
130.5
138.3
141.1
140.9
156.1
153.8
154.8
42.15
2.27%
3.73%
34
92.65
LT debtNT$M
140.0
147.9
164.0
158.1
144.4
149.0
165.1
151.5
159.6
177.3
40.96
4.18%
2.06%
70
Cost of revenue
7.63%
1.03×
Operating expenses
7.09%
0.98×
Spread over hurdle
22.96%