385.9
RevenueNT$M
432.3
456.7
485.5
496.8
516.3
527.8
556.5
582.5
614.2
645.7
393.7
4.57%
4.46%
30
11.16
Revenue growth%
16.45
14.39
14.70
14.46
14.93
12.21
10.43
7.73
10.58
8.56
29.12
10.43
13.30
73
28.04
Gross margin%
22.01
23.88
25.10
23.92
22.97
20.34
19.12
17.13
14.86
14.65
7.75
17.13
21.17
49
21.39
Operating margin%
5.63
7.65
9.10
9.10
9.65
10.44
12.43
12.29
11.48
13.70
18.39
12.29
10.04
73
25.94
Net margin%
21.20
22.73
24.56
22.51
21.20
24.13
22.77
24.58
22.61
25.10
16.55
24.13
22.75
76
24.77
P/E ratio (avg)x
15.49
15.50
16.95
18.58
19.68
23.29
26.65
30.21
30.35
35.04
24.53
30.21
21.48
46
28.66
EV/EBITx
8.473
8.448
9.437
9.428
10.48
10.82
12.08
14.18
13.75
14.85
32.15
13.75
10.65
32
10.20
FCF yield (avg)%
17.79
16.10
13.13
14.93
12.01
13.17
11.79
11.00
13.32
10.78
21.01
11.79
13.15
42
7.17
FCF margin%
0.95
2.88
4.61
5.20
5.23
5.34
4.64
7.22
6.27
6.29
9.38
6.27
5.22
65
0.394
FCF / Net incomex
1.067
1.170
1.248
1.389
1.500
1.602
1.795
2.100
2.475
2.509
0.551
2.100
1.551
92
6.94
ROIC%
34.37
34.37
32.38
30.85
33.15
30.42
29.89
30.83
29.24
27.79
19.30
29.89
30.84
12
2.91
Return on equity%
9.96
12.18
12.04
12.07
9.86
10.51
9.99
7.35
8.56
6.88
13.61
8.56
9.98
32
2.16
Return on assets%
25.12
26.12
28.84
27.20
24.46
25.80
26.55
24.34
24.48
26.09
15.90
25.80
25.94
75
1.84
EPSNT$
6.97
8.37
9.52
10.54
11.74
11.71
12.51
14.24
14.81
17.95
1.90
8.85%
9.82%
—
29.77
EPS growth%
23.26
23.14
23.63
24.13
21.42
21.33
19.60
21.31
18.36
16.15
6.43
19.60
21.38
16
1.46
Bookvalue per shNT$
3.23
3.06
3.43
3.87
4.14
4.64
4.98
5.47
5.17
4.95
1.17
3.65%
5.72%
—
1.49
FCF per shareNT$
6.13
6.64
6.72
7.49
7.62
8.36
9.76
9.88
11.12
11.86
3.31
9.25%
7.27%
—
1.02
Dividend per shNT$
3.14
3.35
3.60
3.31
3.28
3.16
2.80
2.80
3.13
3.21
3.35
(0.44%)
(0.65%)
—
22.18
Div yield (avg)%
18.54
18.78
15.82
17.36
17.47
20.03
20.45
23.08
22.70
25.23
12.96
22.70
19.41
11
3.20
Payout ratio%
2.20
0.40
3.36
1.94
0.40
0.85
0.40
0.40
3.21
0.40
15.06
0.40
0.63
16
39.54
Shares (diluted)M
22.07
21.18
22.85
23.82
20.15
18.87
16.12
15.85
15.10
15.16
39.79
(5.53%)
(5.28%)
33
11.52
Buyback yield%
12.10
11.51
14.39
16.89
17.73
20.13
17.63
19.28
20.73
19.69
18.96
19.69
17.68
73
1.135
D/E ratiox
2.138
1.951
1.753
1.893
1.917
2.096
2.104
2.203
2.360
2.563
1.437
2.203
2.100
32
383.5
Enterprise valueNT$M
515.0
592.1
639.2
601.0
581.0
565.4
603.3
588.1
681.0
794.8
169.7
6.47%
5.53%
45
556.1
LT debtNT$M
205.8
190.9
202.1
219.7
246.8
261.5
254.8
275.6
288.1
269.9
226.7
1.80%
2.55%
45
Cost of revenue
4.42%
1.00×
Operating expenses
4.63%
1.02×
Property and equipment
16.19%
Spread over hurdle
(2.05%)