7.971
RevenueNT$M
116.3
115.4
119.7
121.9
122.5
126.4
126.9
129.3
132.5
132.9
8.505
1.65%
1.65%
85
26.24
Revenue growth%
15.28
15.35
15.50
15.34
18.00
15.33
13.93
12.91
13.05
14.41
24.49
13.93
15.31
53
7.39
Gross margin%
2.98
3.23
0.67
3.46
3.38
4.47
7.40
6.91
6.77
6.21
18.93
6.77
3.97
49
3.37
Operating margin%
21.55
23.69
22.24
20.31
17.60
14.74
14.41
14.82
12.88
10.93
9.56
14.41
16.21
66
5.95
Net margin%
27.23
24.61
24.64
27.56
27.88
30.40
29.79
26.92
27.40
26.72
4.74
27.40
27.31
23
6.157
P/E ratio (avg)x
29.56
28.75
30.82
28.74
27.87
26.64
28.29
30.85
33.24
32.03
26.35
30.85
29.15
52
20.46
EV/EBITx
15.97
15.44
16.65
15.96
18.09
18.00
16.70
16.63
15.21
16.12
17.94
16.63
16.37
32
16.85
FCF yield (avg)%
20.88
21.35
20.19
23.12
20.52
21.19
21.53
21.98
22.97
22.65
15.37
21.98
21.44
11
5.18
FCF margin%
20.33
22.11
20.99
21.95
21.72
21.62
24.26
22.77
25.33
23.25
23.27
23.25
22.03
92
0.100
FCF / Net incomex
1.494
1.530
1.419
1.350
1.233
1.188
1.247
1.165
1.057
1.106
1.553
1.165
1.240
52
24.39
ROIC%
33.66
30.99
32.24
33.84
31.92
32.78
33.73
34.81
34.51
34.87
8.57
34.51
33.70
15
21.15
Return on equity%
18.77
17.24
17.58
15.64
14.91
16.14
15.74
14.67
16.99
18.13
12.82
16.14
16.57
74
10.30
Return on assets%
12.34
9.56
7.63
4.89
2.07
3.23
5.36
5.63
4.59
7.22
8.06
5.36
5.50
78
0.73
EPSNT$
1.82
2.02
2.01
1.97
2.22
2.22
2.51
2.66
2.70
3.20
0.79
7.60%
7.38%
—
22.02
EPS growth%
29.15
28.16
26.96
28.40
26.50
27.72
26.78
26.67
25.33
22.72
24.74
26.67
26.87
66
1.92
Bookvalue per shNT$
0.82
0.75
0.67
0.71
0.66
0.67
0.68
0.74
0.64
0.69
1.67
0.80%
(2.75%)
—
1.83
FCF per shareNT$
1.98
1.80
1.71
1.59
1.62
1.41
1.27
1.10
1.09
1.12
2.77
(7.16%)
(6.37%)
—
3.17
Dividend per shNT$
6.26
7.04
7.93
9.06
8.85
8.77
8.36
8.94
9.83
9.81
3.89
2.06%
6.30%
—
12.95
Div yield (avg)%
1.42
0.40
1.71
0.40
0.40
0.40
0.40
0.40
0.40
0.40
20.28
0.40
0.40
67
11.16
Payout ratio%
26.17
27.36
28.57
31.53
28.78
26.09
28.80
31.72
31.06
32.29
4.98
31.06
28.79
88
31.17
Shares (diluted)M
55.77
66.66
67.51
68.99
77.27
79.47
84.66
97.14
115.6
134.3
31.38
11.70%
10.56%
82
12.48
Buyback yield%
21.78
22.07
23.68
23.07
25.60
25.38
25.00
24.28
22.96
20.13
24.33
24.28
23.37
27
0.548
D/E ratiox
1.029
1.044
1.258
1.293
1.396
1.659
1.954
2.204
2.354
2.737
1.474
2.204
1.528
46
64.69
Enterprise valueNT$M
72.40
69.61
64.93
74.31
76.83
72.81
70.44
74.29
85.55
91.60
32.10
3.58%
2.21%
36
46.36
LT debtNT$M
20.19
21.67
24.11
23.60
25.13
27.02
28.67
28.91
32.93
31.64
22.18
4.72%
4.88%
8
Cost of revenue
1.14%
0.95×
Operating expenses
2.82%
1.12×
Cash and investments
17.00%
Spread over hurdle
27.24%