223.1
RevenueNT$M
120.9
125.0
132.8
139.0
146.8
155.0
164.2
176.0
182.4
194.0
238.8
5.74%
5.44%
85
24.56
Revenue growth%
16.68
18.61
16.25
17.01
17.52
20.05
20.73
18.84
19.21
19.00
26.30
19.21
18.73
45
16.98
Gross margin%
8.04
6.92
7.41
8.79
5.89
4.05
5.18
3.15
4.54
5.00
9.11
4.54
5.53
13
5.58
Operating margin%
23.33
20.56
23.10
20.81
19.79
22.05
23.08
22.72
25.04
23.27
24.48
23.08
22.90
94
9.88
Net margin%
16.28
14.73
14.50
15.12
12.58
11.08
9.77
12.53
12.49
15.39
6.19
12.49
13.54
67
16.81
P/E ratio (avg)x
26.63
29.68
26.21
25.98
23.70
26.11
23.97
26.41
26.84
25.77
19.13
26.11
26.16
15
29.24
EV/EBITx
5.551
5.233
5.512
6.136
5.772
5.686
5.835
6.409
5.832
5.215
13.55
5.832
5.729
9
4.14
FCF yield (avg)%
20.38
21.81
24.69
22.75
25.33
22.34
21.48
23.08
20.45
23.33
7.53
22.34
22.55
18
24.09
FCF margin%
17.12
14.62
17.44
16.71
19.40
20.16
17.95
20.91
22.79
24.95
15.79
20.91
18.68
82
1.385
FCF / Net incomex
2.746
3.269
3.649
4.029
4.730
5.586
6.058
5.846
6.897
7.724
0.204
6.058
5.158
52
10.93
ROIC%
8.55
7.76
7.66
5.12
4.78
5.83
8.78
9.62
7.58
10.37
15.11
8.78
7.71
86
8.01
Return on equity%
1.52
0.40
0.40
0.55
0.47
2.78
3.69
6.10
7.57
9.04
26.74
6.10
2.15
35
23.33
Return on assets%
10.09
7.35
9.19
8.05
7.31
5.43
3.90
3.07
2.47
0.40
17.80
3.07
6.37
85
3.05
EPSNT$
3.43
3.28
3.33
3.37
3.79
3.61
3.69
3.92
4.04
4.00
3.24
1.05%
1.49%
—
17.58
EPS growth%
23.30
24.13
26.01
26.68
25.28
26.36
27.52
28.61
29.98
30.02
18.01
28.61
26.52
31
2.08
Bookvalue per shNT$
1.91
2.25
2.18
2.22
2.28
2.50
2.56
2.73
2.63
3.04
2.09
5.95%
6.05%
—
2.22
FCF per shareNT$
4.20
4.07
4.04
4.72
4.70
5.37
5.26
6.00
6.81
6.57
0.66
6.93%
6.08%
—
1.74
Dividend per shNT$
3.40
3.54
3.88
3.83
4.02
4.61
4.36
5.01
5.69
6.11
0.94
8.73%
6.75%
—
10.47
Div yield (avg)%
0.40
0.44
0.42
0.40
0.40
3.12
3.26
4.99
5.02
2.77
12.79
3.26
1.60
51
13.09
Payout ratio%
0.40
0.40
0.40
0.40
0.40
0.40
1.34
0.40
3.27
4.07
9.23
1.34
0.40
86
48.28
Shares (diluted)M
72.16
79.38
80.21
84.87
89.99
94.72
108.7
119.3
137.7
160.7
47.13
12.30%
9.12%
29
5.11
Buyback yield%
18.08
20.71
21.41
22.65
19.98
17.85
19.07
17.04
18.71
16.88
15.28
17.85
18.89
90
1.200
D/E ratiox
0.255
0.238
0.259
0.258
0.285
0.301
0.340
0.323
0.298
0.295
1.516
0.301
0.290
88
213.2
Enterprise valueNT$M
82.43
81.58
91.28
98.39
107.5
108.4
115.7
116.6
132.9
133.9
161.3
4.48%
6.51%
91
239.0
LT debtNT$M
240.7
273.1
288.7
303.1
287.8
312.2
303.9
324.6
310.5
287.0
218.1
(0.05%)
1.54%
52
Cost of revenue
5.66%
1.02×
Operating expenses
4.96%
0.96×
Property and equipment
21.20%
Goodwill & intangibles
15.41%
Spread over hurdle
(2.69%)