55.70
RevenueNT$M
234.5
257.0
274.7
293.9
317.0
349.8
375.8
418.9
452.9
491.5
58.48
9.17%
8.76%
45
17.56
Revenue growth%
20.63
22.49
23.09
22.09
22.46
21.81
24.10
23.24
20.50
20.86
7.22
21.81
22.28
12
7.97
Gross margin%
11.15
12.03
9.26
7.08
9.07
9.62
11.39
12.15
10.09
9.18
27.32
10.09
9.86
94
25.08
Operating margin%
15.79
18.47
18.02
16.56
17.60
19.96
22.25
23.94
22.67
24.09
23.16
22.67
19.22
85
19.94
Net margin%
11.19
14.05
15.02
15.44
13.67
15.63
18.50
18.95
18.25
16.15
12.55
18.25
15.53
83
24.20
P/E ratio (avg)x
13.85
12.07
12.42
12.44
11.25
10.24
9.598
9.572
9.894
9.667
11.31
9.667
10.75
79
32.47
EV/EBITx
26.75
29.36
31.30
36.26
37.36
43.50
46.08
45.61
44.62
47.28
33.76
45.61
40.43
90
12.11
FCF yield (avg)%
4.79
2.94
4.33
3.61
5.95
6.41
6.04
7.31
10.10
7.44
3.80
7.31
5.99
36
24.94
FCF margin%
14.11
14.27
16.98
16.51
14.40
12.58
14.52
13.43
10.75
12.73
22.65
12.73
14.19
61
0.539
FCF / Net incomex
1.789
2.097
2.446
2.571
2.938
3.260
3.469
3.542
4.166
4.142
1.683
3.542
3.099
56
22.51
ROIC%
15.29
15.49
17.21
17.66
19.43
21.69
23.49
23.69
24.10
26.00
14.91
23.69
20.56
48
14.44
Return on equity%
7.32
9.96
10.37
12.73
12.35
14.25
14.05
16.69
16.13
13.78
12.12
14.25
13.26
10
27.80
Return on assets%
12.87
13.33
11.17
13.19
14.33
14.32
12.21
12.77
10.57
8.06
15.72
12.21
12.82
8
1.47
EPSNT$
1.22
1.11
1.02
1.03
1.09
1.16
1.11
1.13
1.05
0.97
1.62
(2.28%)
(2.17%)
—
26.72
EPS growth%
6.34
4.43
6.07
6.84
7.21
5.28
5.14
7.84
7.03
7.02
25.17
7.02
6.59
40
3.16
Bookvalue per shNT$
2.80
2.97
2.90
3.07
3.50
3.85
4.46
4.24
4.88
5.72
3.92
10.35%
8.90%
—
4.54
FCF per shareNT$
0.87
0.78
0.68
0.72
0.63
0.63
0.62
0.59
0.59
0.59
1.46
(1.11%)
(4.56%)
—
3.05
Dividend per shNT$
4.80
5.03
5.48
5.33
5.36
5.26
5.52
5.84
5.39
5.02
2.13
(1.33%)
0.60%
—
14.37
Div yield (avg)%
28.14
26.77
27.65
25.98
27.83
30.75
29.19
31.41
32.50
35.20
23.35
31.41
28.66
87
25.84
Payout ratio%
27.62
24.73
22.92
20.77
21.15
20.23
22.97
22.39
24.11
23.05
24.34
22.97
22.94
55
34.00
Shares (diluted)M
36.13
38.98
41.47
40.47
37.55
38.85
41.60
46.09
52.75
60.07
34.11
9.85%
5.47%
47
15.28
Buyback yield%
23.03
25.08
23.58
25.07
26.79
24.50
21.81
24.72
23.15
23.20
14.29
23.20
24.04
89
1.662
D/E ratiox
0.524
0.542
0.626
0.695
0.742
0.870
0.902
0.962
1.105
1.217
1.511
0.962
0.806
40
662.0
Enterprise valueNT$M
631.2
645.1
690.3
780.5
808.6
824.6
894.1
904.9
899.3
970.4
499.2
3.71%
4.78%
90
36.39
LT debtNT$M
513.4
469.4
508.1
472.2
497.1
492.7
549.2
611.3
547.3
514.5
532.8
0.69%
0.10%
50
Cost of revenue
8.52%
0.98×
Operating expenses
8.52%
0.98×
Cash and investments
19.69%
Goodwill & intangibles
18.32%
Property and equipment
13.45%
Spread over hurdle
(0.21%)