59.90
RevenueNT$M
75.93
80.44
84.63
91.30
97.97
101.8
107.7
117.0
125.8
130.8
65.42
5.96%
6.45%
94
9.25
Revenue growth%
18.59
19.81
22.04
23.37
23.84
21.93
20.33
21.65
23.95
21.14
28.48
21.65
21.79
21
19.68
Gross margin%
2.30
1.06
0.40
0.75
0.40
2.20
1.44
0.40
2.00
3.34
17.26
2.00
1.25
8
22.41
Operating margin%
10.56
8.44
9.31
8.45
5.83
6.86
6.12
7.24
10.14
9.62
12.52
7.24
8.44
14
28.68
Net margin%
6.74
7.36
9.39
12.01
9.85
8.06
7.74
7.35
8.61
9.86
4.53
8.06
8.33
63
15.41
P/E ratio (avg)x
23.46
24.45
22.62
20.36
21.00
19.60
18.85
20.16
18.82
19.71
34.16
19.60
20.26
63
33.16
EV/EBITx
8.541
9.682
10.93
12.71
12.56
12.08
13.64
13.47
12.74
12.19
28.33
12.74
12.37
88
4.29
FCF yield (avg)%
6.95
4.79
2.93
4.54
5.76
7.46
6.13
8.14
10.73
9.29
25.23
8.14
6.54
25
26.62
FCF margin%
22.75
23.52
23.03
23.86
21.98
24.31
23.67
20.99
23.95
22.43
2.14
23.67
23.27
22
1.407
FCF / Net incomex
0.149
0.133
0.117
0.104
0.090
0.090
0.092
0.087
0.089
0.094
1.054
0.090
0.093
29
23.02
ROIC%
24.44
22.77
22.27
23.47
26.46
28.18
30.45
31.11
29.21
31.18
19.88
30.45
27.32
36
29.51
Return on equity%
29.91
30.66
28.28
29.13
28.20
29.97
31.39
33.72
32.82
30.77
21.62
31.39
30.32
6
24.79
Return on assets%
19.16
16.23
16.63
18.14
16.04
18.10
15.82
13.60
11.91
10.39
22.90
13.60
16.14
36
0.38
EPSNT$
1.29
1.17
1.07
1.16
1.13
1.07
0.95
0.87
0.82
0.77
0.41
(7.51%)
(4.50%)
—
14.71
EPS growth%
6.72
7.76
10.38
9.13
9.59
11.67
9.42
6.88
9.83
8.34
15.27
9.42
9.28
51
1.41
Bookvalue per shNT$
0.84
0.87
0.87
0.88
0.88
0.87
0.88
0.84
0.75
0.78
1.24
(2.42%)
(0.99%)
—
2.19
FCF per shareNT$
2.40
2.68
2.86
3.33
3.75
4.12
4.01
4.05
4.49
5.19
2.07
6.75%
7.76%
—
2.06
Dividend per shNT$
1.80
2.00
2.09
2.39
2.33
2.18
2.35
2.59
2.59
2.62
1.28
2.37%
4.81%
—
16.45
Div yield (avg)%
7.25
8.23
6.85
6.31
8.14
7.14
4.96
3.46
0.67
0.40
19.27
3.46
6.58
79
15.63
Payout ratio%
16.66
18.22
16.86
19.77
21.59
20.84
21.22
19.98
19.57
21.83
22.58
20.84
19.88
23
17.95
Shares (diluted)M
14.75
12.69
12.09
11.79
10.90
11.56
11.89
10.91
11.84
12.93
17.90
3.47%
(0.45%)
21
28.00
Buyback yield%
27.33
26.76
27.76
27.15
25.20
26.36
28.96
26.29
23.90
25.37
26.87
26.29
26.56
33
1.368
D/E ratiox
2.124
2.168
2.379
2.538
2.939
3.029
3.104
3.412
3.378
3.612
0.970
3.378
2.984
7
50.31
Enterprise valueNT$M
25.71
27.70
30.68
29.35
32.48
37.20
37.54
43.16
42.63
40.26
79.60
4.39%
5.02%
78
37.20
LT debtNT$M
54.34
48.59
53.24
49.06
51.26
53.28
51.13
50.45
47.98
51.12
17.20
(0.05%)
(0.32%)
50
Cost of revenue
6.76%
1.03×
Operating expenses
5.63%
0.93×
Cash and investments
19.03%
Spread over hurdle
11.18%