31.37
RevenueNT$M
477.5
493.0
510.8
532.6
558.1
560.3
566.4
577.6
597.2
621.7
34.83
2.18%
3.02%
6
17.32
Revenue growth%
13.25
15.80
16.20
17.86
17.82
19.74
21.88
24.64
26.20
24.84
4.18
24.64
18.80
64
25.65
Gross margin%
23.12
20.86
20.33
18.20
20.96
23.24
22.70
24.26
22.15
21.92
22.84
22.70
22.04
64
7.13
Operating margin%
25.96
24.89
22.15
19.39
16.95
19.59
21.04
20.66
19.97
19.25
7.52
19.97
20.32
53
27.59
Net margin%
4.61
2.03
0.40
0.40
1.25
0.40
0.63
2.22
0.40
0.40
9.76
0.40
0.52
61
8.236
P/E ratio (avg)x
26.27
30.91
32.31
35.11
34.65
34.78
36.83
40.44
44.96
45.96
8.132
40.44
34.95
84
12.08
EV/EBITx
41.71
43.99
46.18
47.99
55.54
62.49
68.14
74.67
75.24
74.37
27.13
74.37
59.02
78
12.58
FCF yield (avg)%
16.88
15.20
13.84
16.15
15.87
14.12
13.99
13.92
12.66
12.98
27.17
13.92
14.05
11
15.72
FCF margin%
0.40
0.40
1.55
0.52
0.40
1.56
0.40
0.40
0.40
0.40
19.92
0.40
0.40
41
1.791
FCF / Net incomex
0.367
0.404
0.390
0.355
0.334
0.310
0.311
0.284
0.252
0.237
0.455
0.284
0.322
74
4.59
ROIC%
20.64
21.70
22.13
22.09
22.33
21.49
19.96
21.11
22.33
22.66
13.54
21.49
21.89
31
2.01
Return on equity%
10.88
10.34
8.52
8.04
9.26
6.76
7.67
5.01
6.22
6.72
17.70
6.72
7.85
75
22.26
Return on assets%
19.01
19.93
21.89
22.97
21.96
20.78
22.71
20.49
23.12
24.53
12.92
22.71
21.92
50
8.91
EPSNT$
8.75
9.02
9.03
9.84
9.73
9.86
9.79
10.25
10.44
10.10
9.53
0.76%
0.97%
—
15.68
EPS growth%
4.09
2.92
1.71
0.40
2.18
2.00
4.99
3.67
5.43
7.35
28.55
4.99
3.29
49
8.54
Bookvalue per shNT$
2.40
2.16
1.94
1.70
1.45
1.38
1.30
1.32
1.37
1.24
7.84
(3.07%)
(6.32%)
—
2.80
FCF per shareNT$
5.20
4.43
3.79
3.95
3.51
3.16
3.10
3.29
3.53
3.14
2.79
(2.17%)
(4.95%)
—
12.99
Dividend per shNT$
9.19
10.21
10.46
10.77
10.49
12.24
13.80
15.46
18.07
19.81
8.45
13.55%
8.18%
—
10.67
Div yield (avg)%
22.08
23.31
22.73
20.43
17.76
15.11
17.12
14.55
15.49
15.04
14.51
15.11
17.44
14
26.59
Payout ratio%
7.19
4.79
4.35
4.72
1.77
0.40
1.35
1.92
2.66
3.05
18.56
1.92
2.86
38
23.82
Shares (diluted)M
21.58
20.50
21.56
23.95
26.48
28.42
29.17
31.44
29.40
33.18
24.19
4.62%
3.57%
95
12.92
Buyback yield%
12.51
9.69
11.25
13.51
11.75
12.23
9.40
9.17
7.47
5.44
24.20
9.17
10.47
40
1.134
D/E ratiox
2.582
2.496
2.518
2.597
2.700
3.130
3.360
3.369
3.487
3.780
1.424
3.369
2.915
85
330.5
Enterprise valueNT$M
105.3
116.4
120.9
139.4
160.1
179.4
213.5
244.3
275.7
295.0
418.1
13.00%
12.18%
76
63.78
LT debtNT$M
372.7
394.7
422.8
450.3
505.6
480.3
476.3
479.5
504.5
497.6
569.8
(0.32%)
2.39%
17
Cost of revenue
3.19%
1.02×
Operating expenses
3.23%
1.02×
Property and equipment
15.64%
Spread over hurdle
(0.33%)