152.8
RevenueNT$M
147.1
158.0
170.6
186.0
203.0
218.5
239.3
253.1
268.3
289.5
157.3
7.36%
7.63%
14
21.12
Revenue growth%
14.61
13.98
13.33
11.08
11.55
9.81
12.21
13.43
16.19
16.22
16.52
13.43
13.38
21
6.27
Gross margin%
0.40
0.40
0.89
2.60
3.06
2.83
2.46
0.40
0.50
3.25
29.73
2.46
1.68
25
27.70
Operating margin%
1.22
0.91
3.71
6.44
7.20
7.45
9.04
8.50
7.10
6.53
16.65
7.45
6.81
9
28.83
Net margin%
7.29
9.46
7.65
6.53
9.13
8.53
11.43
14.16
16.26
17.99
8.87
14.16
9.30
34
18.54
P/E ratio (avg)x
25.85
27.49
25.14
25.45
27.85
29.60
30.87
29.08
26.19
26.62
32.59
29.08
27.06
15
22.76
EV/EBITx
43.11
43.68
44.47
50.82
49.82
51.67
51.18
54.66
60.56
58.74
15.36
54.66
51.00
40
15.12
FCF yield (avg)%
20.91
20.42
18.65
17.76
17.29
20.22
22.91
24.88
24.25
24.32
25.48
24.25
20.67
7
17.76
FCF margin%
5.02
6.63
3.96
5.05
4.40
5.13
7.60
10.14
10.43
10.58
4.25
10.14
5.88
21
1.051
FCF / Net incomex
1.149
1.055
1.132
0.975
0.864
0.772
0.802
0.770
0.829
0.901
0.431
0.802
0.882
94
13.32
ROIC%
16.72
14.09
12.11
9.57
10.42
8.54
11.35
13.72
11.45
10.09
25.90
11.35
11.40
88
11.60
Return on equity%
19.04
18.14
16.19
13.78
12.28
13.79
12.54
10.14
9.22
11.65
9.69
11.65
13.16
69
10.52
Return on assets%
31.76
30.13
27.16
25.22
24.13
21.91
23.65
21.71
23.52
24.41
10.22
23.52
24.27
84
3.95
EPSNT$
4.51
4.34
4.02
4.45
4.74
5.14
5.12
5.80
5.91
5.81
4.32
4.18%
2.22%
—
23.53
EPS growth%
34.66
37.34
34.64
36.02
34.17
33.27
31.33
33.53
30.70
32.48
26.54
32.48
33.85
18
2.73
Bookvalue per shNT$
7.90
8.29
9.02
10.59
12.73
13.55
13.70
13.61
14.73
14.94
3.38
3.25%
8.29%
—
2.82
FCF per shareNT$
6.69
7.05
6.94
8.02
8.63
9.28
11.08
12.68
14.17
14.54
4.07
11.00%
9.91%
—
2.68
Dividend per shNT$
6.58
6.39
6.51
7.08
7.23
8.18
7.60
8.37
7.96
9.07
3.60
4.64%
4.71%
—
13.76
Div yield (avg)%
21.25
21.36
22.98
24.59
22.46
20.82
18.38
16.68
17.34
14.99
15.20
17.34
21.04
94
17.83
Payout ratio%
14.66
12.20
13.82
16.32
13.57
11.49
11.79
13.87
16.78
18.62
14.31
13.87
13.85
56
30.06
Shares (diluted)M
21.47
21.14
21.23
19.66
19.06
20.17
19.55
20.39
21.63
19.07
30.35
0.01%
(2.07%)
60
22.28
Buyback yield%
16.83
18.11
17.29
19.49
16.77
18.97
16.51
13.83
12.80
10.60
20.77
13.83
16.80
46
0.606
D/E ratiox
2.788
2.895
3.345
3.609
3.915
4.120
4.884
5.091
6.182
6.887
0.799
5.091
4.018
95
322.0
Enterprise valueNT$M
308.1
333.8
314.0
334.2
307.4
340.9
378.0
401.5
356.7
338.2
78.94
1.93%
0.39%
45
85.34
LT debtNT$M
80.16
71.51
67.88
62.65
66.46
68.56
74.58
79.62
70.98
67.60
183.8
0.34%
(2.73%)
7
Cost of revenue
7.51%
0.99×
Operating expenses
7.82%
1.02×
Cash and investments
16.48%
Spread over hurdle
20.80%