705.8
RevenueNT$M
587.5
626.6
656.5
691.1
720.0
771.8
828.0
861.4
913.7
959.2
759.0
5.91%
5.68%
73
2.13
Revenue growth%
23.36
24.71
26.20
26.24
29.20
28.07
30.59
29.17
32.15
32.83
22.43
30.59
28.62
29
29.98
Gross margin%
31.06
32.54
30.25
29.67
28.28
26.72
25.79
27.69
29.27
28.90
28.22
27.69
29.08
63
21.23
Operating margin%
5.47
7.42
10.21
9.53
12.04
13.44
14.77
11.82
13.00
11.44
15.62
13.00
11.63
71
12.72
Net margin%
10.05
11.66
13.44
13.09
13.26
11.24
9.22
9.73
7.96
9.73
20.97
9.73
10.64
9
19.81
P/E ratio (avg)x
30.50
31.37
28.04
30.30
28.12
28.13
25.15
25.48
22.22
19.47
26.85
25.15
28.08
34
35.65
EV/EBITx
19.03
20.92
19.36
20.07
19.23
20.80
21.06
21.06
20.75
22.83
21.81
21.06
20.77
35
21.04
FCF yield (avg)%
30.19
29.59
31.61
32.80
32.08
34.30
36.29
38.99
41.96
41.11
9.29
38.99
33.55
18
2.08
FCF margin%
31.44
28.91
26.84
28.88
28.92
30.79
31.72
31.03
31.47
30.40
16.24
31.03
30.60
9
1.465
FCF / Net incomex
0.671
0.601
0.562
0.489
0.497
0.528
0.474
0.492
0.476
0.483
1.374
0.483
0.494
83
20.80
ROIC%
4.47
6.67
5.58
8.47
8.12
10.52
8.10
9.53
10.64
9.17
8.05
9.53
8.30
38
22.18
Return on equity%
19.37
21.51
20.79
22.43
24.33
23.61
26.55
28.54
30.90
30.38
22.77
28.54
23.97
32
8.70
Return on assets%
27.00
28.03
26.22
26.46
24.89
24.88
24.94
27.26
28.61
26.35
27.71
26.35
26.41
26
2.24
EPSNT$
3.04
3.18
3.01
2.87
3.01
3.24
3.25
3.20
3.45
3.10
2.51
0.62%
(0.54%)
—
3.77
EPS growth%
25.68
23.00
23.84
25.00
26.91
29.06
27.45
27.58
25.38
25.10
16.85
27.45
25.53
38
2.35
Bookvalue per shNT$
3.00
2.98
2.80
2.52
2.71
2.89
2.85
2.83
3.14
3.22
1.55
3.47%
1.24%
—
1.32
FCF per shareNT$
3.51
3.35
3.40
3.95
4.43
4.53
4.83
4.55
5.26
5.32
3.36
3.73%
5.77%
—
2.48
Dividend per shNT$
1.05
1.05
1.20
1.21
1.33
1.34
1.24
1.42
1.45
1.37
1.46
0.53%
2.40%
—
29.68
Div yield (avg)%
11.44
13.79
16.03
18.88
19.66
17.76
20.29
20.30
19.36
22.01
16.50
20.29
19.12
6
21.24
Payout ratio%
9.54
11.43
13.52
15.02
17.86
19.88
19.12
19.24
20.93
21.96
17.45
19.88
18.49
60
88.00
Shares (diluted)M
101.1
109.5
105.6
111.1
116.2
119.2
120.2
123.4
133.7
121.5
88.27
0.90%
1.57%
74
23.97
Buyback yield%
28.79
30.10
30.84
28.57
29.03
30.64
33.23
35.12
36.80
38.30
17.81
35.12
30.74
79
1.683
D/E ratiox
1.670
1.839
1.613
1.641
1.769
1.740
1.930
1.824
1.748
1.536
1.146
1.748
1.744
22
405.8
Enterprise valueNT$M
523.7
503.8
569.8
637.1
626.7
660.8
737.2
813.0
870.8
902.7
773.1
7.57%
6.00%
10
0.302
LT debtNT$B
0.993
0.968
1.153
1.323
1.298
1.421
1.543
1.618
1.589
1.605
0.325
4.33%
6.20%
8
Cost of revenue
5.28%
0.96×
Operating expenses
6.23%
1.05×
Cash and investments
18.81%
Spread over hurdle
21.64%