133.2
RevenueNT$M
104.5
106.9
108.8
112.4
116.5
118.8
122.2
129.9
137.0
143.8
139.4
4.30%
3.46%
68
15.66
Revenue growth%
23.52
21.04
20.25
19.73
17.44
14.86
12.91
15.32
13.75
12.02
6.78
13.75
16.38
37
26.48
Gross margin%
31.26
33.80
31.43
31.97
32.24
30.16
27.52
26.06
25.57
26.92
18.99
26.92
30.71
87
12.83
Operating margin%
21.15
19.41
17.36
15.90
14.66
17.48
15.22
13.85
11.22
12.42
24.85
13.85
15.56
32
10.16
Net margin%
22.52
22.72
19.81
20.94
21.09
19.47
20.84
19.95
17.27
19.47
29.13
19.47
20.40
65
15.59
P/E ratio (avg)x
14.13
13.85
12.62
11.32
12.21
11.37
12.50
11.28
12.16
11.66
32.48
11.66
12.19
63
23.91
EV/EBITx
34.98
37.83
37.23
41.19
48.00
52.18
52.81
55.94
55.03
60.49
37.72
55.03
50.09
37
8.56
FCF yield (avg)%
32.42
33.28
34.49
37.22
39.48
38.70
36.28
35.55
37.67
38.99
10.73
37.67
36.75
18
25.49
FCF margin%
33.25
31.08
31.55
28.69
30.44
31.50
32.53
33.43
31.17
34.11
22.74
32.53
31.53
94
0.210
FCF / Net incomex
1.629
1.692
1.727
1.738
1.887
2.181
2.106
2.217
2.240
2.103
1.036
2.181
1.995
43
3.49
ROIC%
4.63
3.40
0.70
2.59
4.96
2.51
0.49
0.40
2.86
5.14
4.01
2.51
2.73
19
27.71
Return on equity%
29.28
27.94
28.19
28.40
26.02
24.97
23.80
23.89
23.94
23.93
15.69
23.93
25.50
34
2.17
Return on assets%
6.16
7.79
6.19
8.88
9.85
10.79
8.73
8.72
7.79
8.10
26.31
8.72
8.41
73
0.40
EPSNT$
1.24
1.27
1.20
1.19
1.17
1.20
1.08
1.00
1.12
1.00
0.41
(3.13%)
(2.32%)
—
18.25
EPS growth%
21.12
19.08
19.49
21.36
21.11
22.67
25.40
23.53
23.81
26.53
22.44
23.81
22.01
31
1.41
Bookvalue per shNT$
0.53
0.61
0.56
0.63
0.69
0.76
0.71
0.78
0.86
0.87
0.77
4.79%
5.54%
—
2.03
FCF per shareNT$
0.59
0.59
0.53
0.52
0.48
0.48
0.50
0.51
0.51
0.53
2.16
1.75%
(1.05%)
—
1.68
Dividend per shNT$
1.45
1.41
1.52
1.66
1.75
2.03
2.32
2.42
2.58
2.99
1.74
11.22%
7.60%
—
5.10
Div yield (avg)%
27.33
27.23
26.00
27.58
25.88
28.68
30.16
28.37
30.74
28.15
28.70
28.68
27.86
67
15.44
Payout ratio%
23.21
21.31
19.85
21.19
22.07
21.52
19.08
16.93
16.16
15.14
8.04
16.93
20.52
18
39.81
Shares (diluted)M
43.33
50.25
55.45
59.30
67.65
74.59
75.14
76.27
77.02
81.49
40.51
3.79%
6.94%
8
8.28
Buyback yield%
33.97
31.39
30.10
31.03
29.37
27.24
24.45
21.57
24.31
23.45
25.44
24.31
28.30
39
1.225
D/E ratiox
0.261
0.259
0.264
0.261
0.291
0.299
0.294
0.288
0.268
0.267
0.650
0.288
0.268
22
102.4
Enterprise valueNT$M
38.42
42.94
46.07
47.04
45.37
40.82
43.52
38.80
39.20
42.76
16.83
(1.18%)
1.64%
56
134.3
LT debtNT$M
71.33
69.44
64.73
61.21
66.93
59.20
56.79
54.65
51.05
52.53
44.82
(4.73%)
(3.72%)
59
Cost of revenue
3.13%
0.97×
Operating expenses
4.10%
1.06×
Cash and investments
14.80%
Spread over hurdle
21.29%