78.20
RevenueNT$M
168.8
179.9
195.7
208.0
218.0
230.1
246.8
260.8
282.5
309.2
80.14
7.24%
6.86%
13
8.76
Revenue growth%
10.97
12.07
10.50
11.15
13.40
13.91
16.39
15.17
17.67
20.05
23.56
16.39
13.66
90
4.43
Gross margin%
16.36
14.88
17.18
15.04
15.85
13.87
15.91
13.12
11.85
9.97
16.63
13.12
14.96
74
5.25
Operating margin%
29.94
32.38
31.88
29.93
27.71
26.54
23.83
23.11
24.71
25.52
6.89
24.71
27.13
17
20.47
Net margin%
5.48
6.00
4.01
2.61
2.77
1.45
1.01
2.72
0.40
0.40
24.74
1.01
2.66
55
18.30
P/E ratio (avg)x
16.81
14.96
15.42
15.11
15.01
14.12
12.15
12.57
12.74
12.48
30.89
12.57
14.54
81
11.14
EV/EBITx
35.17
36.76
39.11
38.53
42.43
38.26
35.81
35.82
33.59
31.92
27.51
35.81
36.29
11
20.29
FCF yield (avg)%
7.65
9.87
7.25
5.96
7.39
8.03
6.13
8.15
9.60
11.94
28.15
8.15
7.84
31
27.96
FCF margin%
10.95
12.59
13.96
11.13
9.43
8.78
10.76
8.83
11.07
11.42
16.68
10.76
11.01
82
1.336
FCF / Net incomex
1.509
1.555
1.683
1.583
1.844
2.159
2.043
2.343
2.475
2.486
0.204
2.343
1.943
72
7.86
ROIC%
3.88
1.66
0.76
0.40
3.04
0.40
0.40
2.87
0.40
2.15
5.75
0.40
1.21
75
13.48
Return on equity%
5.00
2.48
4.73
1.92
3.60
4.34
7.15
9.65
10.02
9.03
24.14
9.03
4.87
15
15.48
Return on assets%
24.15
26.72
26.72
26.95
27.24
29.09
26.71
25.95
23.84
24.98
23.12
25.95
26.71
93
1.23
EPSNT$
4.75
5.24
5.60
6.36
7.23
7.44
8.23
8.20
9.45
9.39
1.36
5.39%
7.23%
—
5.66
EPS growth%
24.74
24.99
26.28
28.74
28.25
27.39
29.29
27.98
25.08
25.58
14.09
27.39
26.83
19
5.29
Bookvalue per shNT$
7.29
7.77
8.87
9.44
10.36
10.07
11.32
11.94
13.06
13.70
4.23
5.75%
6.76%
—
1.14
FCF per shareNT$
3.51
3.23
2.98
2.80
3.00
2.69
2.75
2.79
2.71
2.41
0.81
(4.23%)
(4.16%)
—
4.09
Dividend per shNT$
4.91
4.83
5.57
6.56
6.62
6.90
6.76
6.68
7.05
6.85
2.35
0.71%
3.47%
—
4.20
Div yield (avg)%
25.77
26.46
25.46
22.49
19.72
21.65
18.80
21.45
20.07
18.04
20.12
20.07
21.55
39
15.97
Payout ratio%
13.35
15.00
17.12
18.46
18.26
18.62
19.56
21.08
22.78
24.40
3.88
21.08
18.54
95
42.20
Shares (diluted)M
40.26
41.37
41.94
40.69
38.97
33.68
29.18
30.44
30.80
31.56
42.28
(4.13%)
(2.56%)
90
27.98
Buyback yield%
5.87
5.90
5.15
4.29
3.68
1.45
1.88
0.52
0.40
0.40
2.57
0.52
2.78
49
0.727
D/E ratiox
0.352
0.358
0.398
0.391
0.399
0.409
0.413
0.380
0.368
0.346
0.718
0.380
0.385
62
182.3
Enterprise valueNT$M
77.61
81.20
89.80
97.93
110.5
113.4
130.6
129.4
125.5
123.1
294.1
2.20%
6.36%
25
23.08
LT debtNT$M
342.6
357.9
380.2
331.5
347.6
320.7
309.1
330.1
346.8
349.4
254.7
0.10%
(0.62%)
20
Cost of revenue
6.86%
1.00×
Operating expenses
6.92%
1.01×
Property and equipment
17.91%
Spread over hurdle
16.81%