57.56
RevenueNT$M
125.6
135.3
147.1
158.3
174.6
186.5
205.5
222.1
238.4
260.4
60.69
8.33%
8.16%
13
6.26
Revenue growth%
12.00
9.96
11.92
14.92
17.24
18.92
21.24
24.08
26.22
24.88
6.32
24.08
18.08
39
19.80
Gross margin%
11.20
9.32
11.27
12.98
15.55
15.78
18.75
17.69
19.51
18.50
19.54
18.50
15.67
51
2.60
Operating margin%
14.66
13.55
11.15
8.84
9.87
9.87
11.91
9.92
9.18
8.89
19.80
9.87
9.89
86
6.00
Net margin%
10.90
10.61
11.42
12.90
14.93
14.90
15.38
15.01
17.67
19.50
24.20
15.38
14.92
56
22.24
P/E ratio (avg)x
29.51
27.87
27.30
23.75
20.47
18.43
17.77
19.53
19.90
21.42
37.67
19.53
20.95
88
22.67
EV/EBITx
59.55
62.12
67.98
77.38
79.89
80.49
80.64
92.40
99.94
105.5
11.11
92.40
80.19
88
14.17
FCF yield (avg)%
23.87
23.23
24.10
25.64
27.38
27.01
29.32
29.08
26.37
27.16
27.48
27.16
26.69
78
13.77
FCF margin%
29.63
28.27
29.40
31.10
32.77
34.55
34.44
36.70
37.75
36.65
12.46
36.65
33.61
86
0.765
FCF / Net incomex
2.018
2.275
2.694
2.891
2.907
2.933
2.871
2.853
3.030
2.934
1.282
2.933
2.881
11
19.06
ROIC%
6.11
5.73
3.04
5.81
3.10
1.14
0.40
0.40
2.93
4.27
5.41
1.14
3.07
38
26.42
Return on equity%
30.21
28.73
26.05
25.11
22.64
24.44
25.80
22.88
23.19
21.09
15.93
23.19
24.77
66
19.14
Return on assets%
10.61
10.53
8.91
7.21
5.12
6.07
3.97
6.19
7.53
10.03
11.69
6.19
7.37
13
0.60
EPSNT$
0.50
0.53
0.50
0.45
0.42
0.43
0.37
0.35
0.32
0.27
0.62
(8.20%)
(5.29%)
—
19.71
EPS growth%
18.68
20.65
19.39
19.80
22.02
22.05
22.49
22.19
21.15
24.01
25.63
22.19
21.59
68
0.57
Bookvalue per shNT$
0.77
0.77
0.73
0.72
0.77
0.74
0.84
0.93
1.00
1.01
1.58
5.69%
2.67%
—
0.65
FCF per shareNT$
1.51
1.67
1.91
1.97
2.23
2.22
2.14
2.32
2.51
2.79
0.57
4.58%
7.48%
—
0.61
Dividend per shNT$
2.83
2.63
2.78
2.75
2.91
3.24
3.21
3.04
3.36
3.23
0.82
2.11%
1.25%
—
6.49
Div yield (avg)%
8.11
8.63
9.37
9.72
12.64
11.24
13.02
11.69
12.37
10.92
8.79
11.69
11.08
70
29.94
Payout ratio%
17.50
14.84
13.25
13.55
10.84
10.14
12.43
14.37
12.55
11.70
20.45
12.43
12.90
34
51.27
Shares (diluted)M
66.03
72.77
77.68
87.69
90.51
95.50
103.8
118.7
132.5
147.3
49.58
10.23%
9.26%
58
17.49
Buyback yield%
14.64
12.42
9.93
12.55
12.19
10.70
11.54
10.01
10.05
7.62
19.39
10.05
11.12
58
1.638
D/E ratiox
1.220
1.170
1.222
1.185
1.264
1.419
1.402
1.487
1.406
1.428
1.479
1.419
1.333
11
185.8
Enterprise valueNT$M
284.2
322.3
332.7
346.2
333.1
315.4
360.7
379.8
380.1
374.4
313.0
2.37%
3.14%
45
51.12
LT debtNT$M
64.71
73.77
88.14
93.36
94.28
97.98
102.7
118.5
124.2
147.3
294.0
9.34%
9.51%
63
Cost of revenue
8.16%
1.00×
Operating expenses
8.31%
1.01×
Spread over hurdle
(2.86%)