100.4
RevenueNT$M
290.3
314.5
344.1
368.1
408.7
437.8
477.1
529.6
580.0
630.9
104.2
9.07%
9.10%
51
28.74
Revenue growth%
6.84
9.12
6.76
7.39
8.80
6.92
8.73
10.16
10.64
9.00
16.05
9.00
8.77
14
10.83
Gross margin%
9.10
6.46
5.26
6.54
3.61
0.94
0.40
0.40
0.40
0.44
29.06
0.40
2.28
32
6.18
Operating margin%
7.79
10.62
11.61
11.43
11.12
8.49
9.32
8.78
10.42
8.38
10.71
8.78
9.87
26
22.58
Net margin%
27.77
26.47
24.11
21.90
24.58
21.59
21.64
23.01
21.85
19.24
23.97
21.64
22.45
67
18.73
P/E ratio (avg)x
22.91
23.20
25.05
27.03
28.04
29.81
32.56
33.77
35.88
35.26
37.53
33.77
28.93
44
27.52
EV/EBITx
20.55
20.61
22.40
19.97
19.96
20.24
21.77
20.77
18.29
18.89
11.78
20.24
20.40
87
27.76
FCF yield (avg)%
10.10
10.97
10.56
9.66
8.66
9.26
9.32
11.69
13.77
11.65
23.36
11.65
10.33
83
27.14
FCF margin%
3.20
2.00
3.21
2.68
2.91
3.52
1.07
1.05
0.48
0.40
4.29
1.05
2.34
56
0.235
FCF / Net incomex
2.336
2.569
2.484
2.556
2.460
2.723
2.898
2.992
3.297
3.388
1.406
2.992
2.646
52
10.98
ROIC%
24.91
26.53
25.96
26.98
26.27
26.72
28.58
29.53
30.73
33.23
8.70
29.53
26.85
67
4.71
Return on equity%
33.99
33.70
32.96
32.88
29.97
29.16
26.85
26.49
27.34
29.28
4.19
27.34
29.63
82
27.58
Return on assets%
0.40
0.40
3.18
5.95
4.35
6.88
8.09
7.86
10.23
10.08
22.69
8.09
6.42
94
6.06
EPSNT$
1.35
1.36
1.32
1.22
1.06
1.08
1.04
0.96
0.92
0.81
6.63
(5.29%)
(6.16%)
—
16.83
EPS growth%
18.96
18.51
16.96
18.73
20.97
20.72
18.90
21.32
19.46
21.34
27.86
20.72
19.21
8
5.49
Bookvalue per shNT$
6.46
6.15
7.01
6.83
6.86
7.24
6.70
6.26
7.06
7.32
3.18
1.30%
1.52%
—
6.36
FCF per shareNT$
6.60
7.23
8.27
8.56
9.80
11.72
13.90
15.44
16.12
18.33
1.54
13.33%
10.73%
—
8.50
Dividend per shNT$
3.98
3.72
4.12
4.20
3.88
3.49
3.58
3.46
3.67
3.29
5.43
(3.25%)
(2.44%)
—
17.32
Div yield (avg)%
21.89
23.45
23.94
26.44
27.91
29.72
32.57
30.44
30.70
31.69
18.63
30.70
28.81
42
27.63
Payout ratio%
20.29
23.27
25.16
24.13
25.17
24.28
24.87
26.98
24.26
27.16
2.01
24.87
24.57
34
36.72
Shares (diluted)M
41.64
39.26
42.47
39.00
43.01
39.79
44.94
45.27
46.66
45.80
37.03
1.27%
0.42%
63
29.20
Buyback yield%
9.39
6.95
5.12
4.27
2.36
1.24
0.40
2.56
3.07
4.96
22.60
2.56
3.67
14
1.544
D/E ratiox
2.264
2.440
2.858
2.958
3.222
3.402
3.782
3.990
3.914
4.073
1.207
3.914
3.312
32
0.349
Enterprise valueNT$B
0.642
0.699
0.762
0.894
1.012
1.021
0.980
1.073
1.030
1.003
0.330
(0.18%)
5.80%
65
329.8
LT debtNT$M
426.8
470.4
523.0
519.4
494.4
498.7
511.2
487.5
477.2
440.0
470.8
(2.31%)
(0.70%)
31
Cost of revenue
9.00%
0.99×
Operating expenses
8.92%
0.98×
Goodwill & intangibles
16.57%
Spread over hurdle
18.63%