84.90
RevenueNT$M
194.8
204.5
220.7
229.2
245.4
260.9
272.8
283.9
305.2
330.1
95.02
6.11%
6.22%
74
11.76
Revenue growth%
14.64
14.71
11.98
9.21
11.53
13.40
12.94
14.03
11.58
11.38
10.39
12.94
12.46
19
17.73
Gross margin%
21.59
20.13
20.56
21.56
20.59
19.04
19.93
22.31
22.42
23.91
27.18
22.31
21.08
66
23.22
Operating margin%
8.70
10.89
12.37
14.35
15.34
16.56
15.86
18.05
19.21
19.29
13.23
18.05
15.60
20
11.50
Net margin%
5.48
4.71
2.18
0.40
0.40
0.77
3.76
4.24
3.05
1.47
12.26
3.05
2.62
18
30.25
P/E ratio (avg)x
28.79
33.88
35.38
34.90
36.10
37.63
39.47
45.68
47.16
46.36
19.02
45.68
36.87
38
27.54
EV/EBITx
45.66
42.37
46.15
51.81
57.55
53.68
51.79
57.88
60.78
65.52
30.99
57.88
52.74
44
27.34
FCF yield (avg)%
24.76
26.86
29.51
27.59
26.18
28.20
29.96
31.55
31.18
29.35
5.10
29.96
28.78
66
19.38
FCF margin%
25.82
28.02
29.14
30.04
32.17
34.36
32.54
33.47
31.07
31.11
26.24
32.54
31.09
19
1.733
FCF / Net incomex
1.125
1.010
0.919
0.800
0.697
0.749
0.664
0.642
0.697
0.730
0.540
0.697
0.739
77
24.43
ROIC%
9.21
12.02
14.47
15.07
16.09
17.23
20.16
17.48
15.85
18.09
16.67
17.48
15.97
9
7.69
Return on equity%
10.01
12.85
12.43
12.33
11.57
11.47
13.76
15.53
14.46
16.34
25.50
14.46
12.64
84
7.11
Return on assets%
11.66
12.08
12.41
15.32
18.08
17.58
15.50
15.71
17.90
20.56
5.67
17.58
15.61
34
3.17
EPSNT$
16.34
19.83
22.04
22.64
22.66
25.30
25.51
27.92
33.65
34.78
3.31
8.95%
9.94%
—
10.48
EPS growth%
24.21
21.22
18.98
20.07
19.04
18.30
20.25
21.30
19.98
19.04
19.69
19.98
20.03
12
3.52
Bookvalue per shNT$
12.90
13.37
15.39
15.39
17.90
19.18
21.66
23.34
23.12
28.03
7.94
9.39%
8.45%
—
9.81
FCF per shareNT$
4.18
4.78
5.58
6.08
5.89
6.63
7.44
7.17
8.14
8.36
5.09
7.27%
8.42%
—
8.34
Dividend per shNT$
3.00
3.08
3.12
3.31
3.16
2.95
2.80
2.79
2.91
2.60
3.92
(3.81%)
(1.77%)
—
9.88
Div yield (avg)%
12.91
12.75
10.25
11.38
13.47
14.96
17.34
14.62
15.71
15.70
29.76
15.70
14.04
83
20.92
Payout ratio%
19.72
16.77
18.80
17.17
17.70
18.06
17.75
20.17
19.75
17.97
13.29
18.06
18.01
18
28.23
Shares (diluted)M
31.78
31.48
29.31
26.42
28.54
28.49
27.12
27.36
27.65
29.27
28.60
0.51%
(0.24%)
44
7.34
Buyback yield%
24.41
24.64
22.19
19.54
20.95
23.16
23.94
26.53
25.12
27.49
21.76
25.12
24.18
61
0.199
D/E ratiox
0.557
0.645
0.621
0.683
0.793
0.949
0.997
1.092
1.174
1.132
1.192
1.092
0.871
15
298.9
Enterprise valueNT$M
327.4
347.5
379.0
376.3
424.4
466.3
480.8
530.1
586.8
632.6
117.1
8.31%
7.84%
91
143.5
LT debtNT$M
334.0
381.4
393.2
436.8
458.0
450.7
496.6
491.9
531.2
542.2
203.0
3.43%
4.62%
16
Cost of revenue
6.26%
1.00×
Operating expenses
5.76%
0.96×
Cash and investments
15.04%
Spread over hurdle
15.72%