271.1
RevenueNT$M
244.6
252.1
259.3
270.9
287.4
299.3
317.9
325.9
343.2
355.9
278.2
4.36%
4.00%
55
8.49
Revenue growth%
22.28
24.90
25.30
24.03
21.56
23.84
25.35
26.69
25.57
26.41
27.08
25.57
25.10
46
27.22
Gross margin%
23.46
25.01
26.47
28.75
29.11
26.65
25.61
23.17
24.77
24.74
22.02
24.77
25.31
83
17.65
Operating margin%
0.50
0.40
0.40
0.40
0.40
0.40
0.40
1.82
2.54
1.91
15.67
1.82
0.40
24
19.89
Net margin%
3.57
4.39
5.69
3.22
0.91
0.40
1.04
2.91
0.94
1.53
10.18
1.04
2.22
32
28.86
P/E ratio (avg)x
21.50
19.78
17.08
15.64
13.44
12.54
13.20
14.09
13.57
13.05
26.91
13.20
13.83
13
15.72
EV/EBITx
18.44
16.47
15.95
14.33
12.57
12.72
13.61
14.15
12.95
13.24
32.63
13.24
13.88
38
13.81
FCF yield (avg)%
25.04
23.89
21.76
21.97
24.61
23.63
24.86
27.58
28.13
29.00
14.96
27.58
24.73
52
14.17
FCF margin%
13.15
12.71
15.37
18.11
19.35
16.75
14.40
14.06
14.41
16.37
18.26
14.41
14.89
46
1.561
FCF / Net incomex
2.201
2.182
1.977
2.129
2.206
2.304
2.528
2.446
2.774
2.898
0.640
2.528
2.255
10
14.80
ROIC%
6.91
8.23
6.31
3.42
3.21
0.46
0.40
0.40
2.93
1.90
20.70
0.46
3.07
32
29.65
Return on equity%
8.29
5.83
6.49
6.39
5.61
3.38
1.90
1.75
1.67
0.40
3.63
1.75
4.50
69
13.65
Return on assets%
8.03
7.29
7.08
8.69
11.10
10.55
12.53
14.97
13.43
15.49
25.75
13.43
10.83
40
1.58
EPSNT$
0.68
0.64
0.65
0.71
0.70
0.79
0.81
0.76
0.81
0.83
1.68
3.42%
2.89%
—
10.59
EPS growth%
26.64
28.49
28.43
27.23
28.41
27.47
26.28
24.10
24.53
23.01
19.43
24.53
26.93
18
0.98
Bookvalue per shNT$
1.79
1.91
1.71
1.87
1.88
1.72
1.68
1.75
1.73
1.77
0.38
(1.25%)
0.84%
—
1.06
FCF per shareNT$
1.78
1.88
1.76
2.02
2.23
2.55
2.74
2.90
2.84
2.96
1.83
5.80%
4.71%
—
1.73
Dividend per shNT$
1.30
1.48
1.53
1.73
1.66
1.71
1.64
1.64
1.56
1.48
1.18
(2.28%)
1.24%
—
25.65
Div yield (avg)%
4.85
2.14
1.46
1.90
0.66
3.00
5.94
6.19
7.89
8.64
7.11
6.19
3.93
33
8.15
Payout ratio%
23.27
23.58
23.25
26.11
24.39
23.76
20.91
19.90
22.85
20.25
21.29
20.91
23.26
90
104.0
Shares (diluted)M
73.81
68.44
68.36
73.82
64.72
71.14
69.42
64.08
58.61
59.61
102.6
(1.63%)
(2.82%)
53
10.35
Buyback yield%
10.76
9.86
9.27
10.09
9.52
9.91
10.19
12.13
13.14
15.01
15.53
12.13
10.14
55
0.666
D/E ratiox
1.768
1.966
2.307
2.280
2.261
2.377
2.671
2.734
2.891
3.221
1.244
2.734
2.342
37
126.9
Enterprise valueNT$M
149.5
150.4
140.6
118.6
119.2
107.8
96.78
84.83
83.06
86.22
123.8
(6.28%)
(6.02%)
42
323.0
LT debtNT$M
133.0
122.3
135.5
132.7
115.8
112.8
99.74
109.3
109.0
109.2
281.1
(1.17%)
(3.05%)
79
Cost of revenue
4.11%
1.01×
Operating expenses
3.99%
1.00×
Spread over hurdle
20.20%