172.3
RevenueNT$M
246.0
261.1
280.0
298.9
314.5
336.0
347.2
367.1
381.2
400.6
182.0
4.96%
5.43%
94
20.14
Revenue growth%
14.09
16.19
17.93
20.42
22.97
24.00
23.05
21.23
23.59
20.89
17.26
23.05
21.06
58
11.71
Gross margin%
19.56
16.79
18.96
19.33
20.05
17.88
17.65
20.64
23.62
22.34
2.07
20.64
19.45
60
3.79
Operating margin%
5.42
4.79
2.25
1.43
1.60
1.79
0.97
1.76
0.40
2.97
4.78
1.76
1.78
20
4.32
Net margin%
15.88
14.13
16.04
13.83
16.80
16.52
16.24
13.59
13.12
11.62
27.83
13.59
15.01
48
22.08
P/E ratio (avg)x
10.98
11.89
10.39
11.19
11.31
11.81
12.35
11.12
11.64
12.25
17.03
11.81
11.47
65
16.79
EV/EBITx
20.39
21.31
20.65
21.16
21.70
22.67
20.52
19.72
17.29
17.25
25.83
19.72
20.58
45
8.50
FCF yield (avg)%
11.87
13.37
14.06
14.75
14.31
15.01
14.03
16.98
15.01
12.15
26.05
15.01
14.19
32
19.98
FCF margin%
14.80
15.00
14.47
13.22
12.63
14.01
13.87
14.90
16.59
19.05
17.80
14.90
14.63
57
1.423
FCF / Net incomex
0.223
0.224
0.253
0.234
0.245
0.231
0.214
0.231
0.263
0.285
1.313
0.231
0.233
76
20.14
ROIC%
22.62
23.36
23.58
24.76
21.77
19.46
19.71
20.33
21.78
23.69
7.74
20.33
22.20
22
17.36
Return on equity%
18.48
19.22
21.47
22.43
20.81
23.74
25.71
23.27
20.67
19.35
5.55
23.27
21.14
77
10.51
Return on assets%
20.64
20.66
23.11
22.23
23.54
26.19
27.67
30.42
28.99
27.00
24.34
27.67
24.86
77
1.91
EPSNT$
1.20
1.12
1.15
1.22
1.10
1.16
0.99
1.08
1.12
1.10
2.09
0.05%
(1.99%)
—
6.10
EPS growth%
18.11
18.49
21.40
22.55
22.95
21.83
20.38
20.67
18.70
20.08
13.46
20.38
20.53
25
2.39
Bookvalue per shNT$
3.31
3.41
3.89
3.68
3.73
3.65
4.12
4.60
4.56
4.93
3.12
5.76%
3.99%
—
0.94
FCF per shareNT$
0.83
0.86
0.83
0.91
0.99
1.08
1.27
1.33
1.40
1.62
2.10
10.43%
7.05%
—
3.02
Dividend per shNT$
2.93
2.91
3.10
3.38
3.41
3.63
3.46
3.46
3.96
4.10
2.01
3.74%
4.39%
—
28.97
Div yield (avg)%
19.21
20.69
20.13
20.21
22.45
21.31
22.55
22.78
23.22
22.07
6.68
22.55
21.69
51
9.77
Payout ratio%
21.21
23.76
22.03
22.05
20.31
22.87
25.19
28.13
29.28
26.75
23.52
26.75
23.31
85
56.03
Shares (diluted)M
68.58
73.22
83.15
97.26
114.8
131.0
152.2
158.0
156.1
159.1
55.84
6.74%
8.56%
93
7.60
Buyback yield%
12.10
15.06
15.38
15.71
13.13
10.98
11.54
13.40
10.62
9.61
8.17
10.98
12.61
8
1.002
D/E ratiox
1.206
1.126
1.170
1.259
1.267
1.352
1.306
1.288
1.424
1.339
0.314
1.339
1.278
65
0.041
Enterprise valueNT$B
0.548
0.643
0.736
0.721
0.761
0.878
1.038
1.004
1.114
1.229
0.147
10.05%
8.81%
12
249.6
LT debtNT$M
191.1
180.7
195.8
177.2
174.4
191.4
171.8
150.4
159.5
141.3
388.2
(4.12%)
(3.71%)
87
Cost of revenue
5.21%
0.98×
Operating expenses
5.94%
1.05×
Property and equipment
19.38%
Spread over hurdle
14.68%