155.0
RevenueNT$M
447.8
458.9
470.8
476.7
482.7
503.6
504.6
527.8
543.9
563.7
166.0
3.15%
2.51%
28
17.67
Revenue growth%
11.43
10.93
8.28
5.29
7.54
6.72
4.05
2.07
0.40
1.15
9.41
2.07
6.00
16
17.02
Gross margin%
11.25
13.70
11.62
13.60
16.47
19.39
18.34
20.38
21.66
20.81
24.06
20.38
17.40
72
9.88
Operating margin%
14.47
16.37
19.14
17.57
18.51
18.97
16.34
14.91
15.50
14.03
17.56
15.50
16.36
93
24.00
Net margin%
5.26
7.01
9.12
11.17
8.91
7.74
8.38
7.16
6.02
5.87
27.50
7.16
7.45
11
9.788
P/E ratio (avg)x
15.81
16.34
19.53
19.63
22.82
25.03
24.36
24.40
28.56
30.56
6.580
25.03
23.59
58
17.19
EV/EBITx
42.98
41.12
43.90
43.67
46.80
50.29
55.11
54.05
51.32
59.13
6.921
54.05
48.55
30
17.96
FCF yield (avg)%
13.43
15.37
15.95
13.75
15.85
15.40
15.28
16.81
15.68
16.99
21.76
15.68
15.54
93
21.32
FCF margin%
11.04
10.51
8.24
10.65
11.50
10.69
10.92
9.99
10.44
10.84
12.39
10.69
10.67
9
0.344
FCF / Net incomex
1.437
1.455
1.379
1.442
1.318
1.394
1.536
1.662
1.513
1.431
0.431
1.513
1.440
20
8.36
ROIC%
2.12
2.42
1.90
3.27
1.11
1.55
0.40
1.20
3.70
1.32
15.83
1.32
1.72
44
7.24
Return on equity%
32.43
34.54
37.44
35.45
33.42
34.44
34.98
32.10
31.66
33.96
9.73
33.96
34.20
56
18.41
Return on assets%
26.60
25.50
24.45
25.60
25.03
26.97
28.21
29.61
29.93
29.76
23.57
29.61
26.78
8
6.26
EPSNT$
9.77
10.98
12.62
14.84
14.82
17.04
18.81
22.20
26.26
29.72
6.89
14.93%
13.28%
—
18.59
EPS growth%
9.39
11.98
10.63
12.32
10.55
8.53
6.80
9.31
11.18
11.82
16.63
9.31
10.59
22
8.02
Bookvalue per shNT$
2.09
2.23
2.39
2.45
2.33
2.50
2.58
2.49
2.15
2.03
4.40
(2.80%)
(0.18%)
—
2.43
FCF per shareNT$
8.66
8.70
8.29
9.04
8.20
8.53
9.38
10.46
9.37
9.83
7.14
3.70%
0.21%
—
6.72
Dividend per shNT$
8.26
9.18
9.89
10.03
11.25
12.92
13.99
14.17
15.52
18.50
4.62
10.46%
8.08%
—
12.40
Div yield (avg)%
13.73
16.70
16.35
18.55
19.92
17.86
18.12
15.73
14.42
15.43
9.09
15.73
16.53
65
26.91
Payout ratio%
23.15
25.71
26.44
25.53
25.43
27.87
26.20
23.52
22.79
24.19
11.02
24.19
25.48
55
29.04
Shares (diluted)M
40.92
42.51
47.93
56.26
55.49
54.23
57.45
57.63
54.80
61.29
30.44
2.01%
5.63%
77
26.16
Buyback yield%
9.95
8.26
11.17
8.94
7.52
9.16
11.74
9.83
7.51
5.62
5.84
9.16
9.05
14
0.373
D/E ratiox
0.693
0.681
0.578
0.595
0.521
0.562
0.586
0.636
0.598
0.582
1.070
0.586
0.590
73
201.7
Enterprise valueNT$M
35.25
35.97
35.25
36.26
38.82
45.63
49.50
49.88
46.93
50.42
239.5
5.37%
4.35%
84
442.9
LT debtNT$M
370.4
329.2
334.0
328.7
337.4
353.3
386.5
355.0
314.4
301.4
460.3
(2.23%)
(3.35%)
78
Cost of revenue
2.12%
0.96×
Operating expenses
3.24%
1.07×
Cash and investments
13.19%
Spread over hurdle
(0.23%)