114.4
RevenueNT$M
169.1
187.0
201.7
215.3
230.0
245.9
266.3
285.4
316.3
344.5
119.3
8.42%
8.46%
87
23.67
Revenue growth%
12.67
10.19
11.40
11.88
9.08
11.39
8.75
6.61
8.43
10.07
23.19
8.75
10.13
19
29.57
Gross margin%
0.98
1.44
0.40
0.40
1.27
0.40
0.40
0.40
3.39
1.68
14.11
0.40
0.69
69
9.91
Operating margin%
10.72
11.64
9.35
9.72
12.05
11.38
13.59
16.50
16.26
18.91
21.29
16.26
11.85
69
26.29
Net margin%
7.23
7.28
7.63
8.44
6.12
4.26
2.17
1.94
2.16
0.40
10.48
2.16
5.19
75
35.94
P/E ratio (avg)x
32.75
36.62
42.88
48.14
48.29
49.71
48.36
49.96
48.80
49.89
7.216
49.71
48.33
50
36.25
EV/EBITx
28.78
30.63
32.40
33.61
31.82
35.59
37.33
40.92
44.29
49.24
14.28
40.92
34.60
55
4.03
FCF yield (avg)%
0.40
0.40
0.40
1.26
3.07
2.41
0.40
0.40
0.40
1.39
2.13
0.40
0.40
19
24.92
FCF margin%
24.10
24.08
22.32
24.08
25.69
24.69
24.88
23.10
20.84
20.03
5.32
23.10
24.08
7
1.317
FCF / Net incomex
0.348
0.396
0.400
0.397
0.433
0.447
0.439
0.488
0.562
0.604
0.159
0.488
0.436
10
15.26
ROIC%
34.42
31.85
34.48
36.92
36.07
33.79
32.23
29.49
31.91
29.49
27.94
31.91
33.01
91
4.80
Return on equity%
3.91
4.99
2.89
0.67
1.85
0.40
1.78
1.63
1.89
2.97
5.12
1.78
1.87
14
16.32
Return on assets%
27.56
25.31
26.82
25.21
25.93
26.00
24.56
21.88
19.21
18.08
16.95
21.88
25.26
13
4.63
EPSNT$
3.53
3.81
3.94
4.06
3.71
4.16
4.65
5.04
4.64
4.42
4.73
3.57%
2.51%
—
11.38
EPS growth%
24.02
23.94
24.95
25.69
23.71
25.95
23.26
24.29
21.30
19.32
7.07
23.26
23.98
19
2.38
Bookvalue per shNT$
6.30
6.03
5.56
5.86
6.36
5.88
5.42
5.88
5.22
5.38
7.00
(3.28%)
(2.95%)
—
4.41
FCF per shareNT$
7.65
7.42
8.06
8.90
9.90
9.45
8.75
9.24
9.39
10.15
1.19
0.49%
4.02%
—
3.69
Dividend per shNT$
6.31
7.13
7.21
7.32
7.49
7.35
7.91
7.75
8.40
9.72
5.14
5.34%
5.23%
—
29.38
Div yield (avg)%
16.62
14.46
16.23
14.06
14.67
17.10
18.17
15.74
17.04
14.87
18.35
17.04
15.99
45
17.34
Payout ratio%
14.02
16.08
13.65
14.68
15.86
13.77
14.01
16.03
13.54
16.38
14.70
14.01
14.35
81
22.35
Shares (diluted)M
28.76
27.49
28.75
29.78
34.27
35.51
34.29
38.75
44.05
42.25
21.97
4.28%
4.12%
39
16.60
Buyback yield%
12.27
11.51
11.96
11.77
13.89
16.65
14.30
13.12
14.49
16.98
25.03
14.49
13.50
11
0.439
D/E ratiox
1.373
1.396
1.437
1.397
1.580
1.746
1.867
1.759
1.812
2.065
0.293
1.812
1.663
48
41.05
Enterprise valueNT$M
57.33
60.09
65.20
59.66
53.34
57.74
56.83
50.47
47.51
44.90
211.9
(3.39%)
(3.45%)
93
59.05
LT debtNT$M
254.6
233.1
247.7
247.5
213.0
233.2
237.0
256.7
276.6
256.7
56.82
3.81%
(0.21%)
34
Cost of revenue
8.12%
0.97×
Operating expenses
8.50%
1.00×
Goodwill & intangibles
20.12%
Cash and investments
16.92%
Spread over hurdle
12.03%