57.78
RevenueNT$M
29.91
32.37
34.61
37.93
42.12
45.75
49.63
54.05
58.98
64.82
61.09
9.00%
9.12%
66
8.03
Revenue growth%
13.52
16.49
16.77
16.42
18.84
16.04
14.50
17.48
14.68
17.56
24.27
16.04
16.46
79
8.30
Gross margin%
13.92
16.66
14.65
15.39
15.16
13.26
11.07
13.17
10.59
12.69
23.34
12.69
13.59
81
13.07
Operating margin%
35.84
38.64
37.22
39.62
40.60
42.08
39.97
38.19
36.39
36.73
27.36
38.19
38.42
78
14.02
Net margin%
7.51
9.86
7.69
8.24
7.75
7.08
8.87
10.05
7.26
6.37
2.95
7.26
7.72
75
11.22
P/E ratio (avg)x
15.02
15.01
15.65
16.87
17.29
15.89
16.41
16.63
15.31
16.55
15.49
16.41
16.15
92
8.960
EV/EBITx
29.13
29.97
31.51
37.14
41.83
44.27
45.20
53.85
59.10
59.26
32.35
53.85
43.05
52
7.13
FCF yield (avg)%
12.00
11.32
13.55
15.12
15.23
14.04
16.64
18.76
21.23
23.56
14.26
18.76
15.17
37
19.65
FCF margin%
19.31
17.24
15.91
17.68
14.98
15.79
17.11
16.13
17.32
19.04
25.83
17.11
17.18
90
1.176
FCF / Net incomex
0.386
0.386
0.356
0.374
0.386
0.347
0.364
0.376
0.357
0.339
0.348
0.357
0.369
23
2.22
ROIC%
27.36
26.18
27.95
25.09
23.04
24.65
23.29
20.66
23.29
24.21
9.92
23.29
24.43
16
20.64
Return on equity%
8.78
8.73
10.29
9.75
11.45
11.80
12.49
13.64
15.68
15.46
18.56
13.64
11.63
25
20.82
Return on assets%
24.58
24.36
23.50
24.71
22.68
24.32
24.19
23.58
25.96
23.41
6.94
24.19
24.26
83
0.69
EPSNT$
0.71
0.81
0.81
0.95
1.05
0.99
1.02
1.02
1.01
1.17
0.73
2.23%
4.58%
—
3.82
EPS growth%
24.42
22.60
24.39
22.64
24.71
26.79
23.86
26.71
27.42
28.01
26.90
26.79
24.57
17
2.16
Bookvalue per shNT$
2.74
2.78
2.74
3.01
3.05
2.78
3.17
3.39
3.80
3.66
1.70
3.69%
4.10%
—
0.69
FCF per shareNT$
0.67
0.63
0.67
0.62
0.61
0.58
0.53
0.53
0.51
0.49
1.16
(4.30%)
(3.75%)
—
0.82
Dividend per shNT$
1.01
0.99
1.12
1.30
1.41
1.68
1.65
1.74
2.07
2.10
1.84
8.28%
8.32%
—
23.78
Div yield (avg)%
20.35
21.10
19.21
18.88
17.24
18.35
16.62
18.24
20.17
21.21
26.01
18.35
19.04
52
24.17
Payout ratio%
20.60
21.84
20.27
23.18
24.45
21.73
24.12
25.01
26.71
24.26
27.27
24.26
23.65
80
18.39
Shares (diluted)M
36.40
41.08
49.09
48.19
46.44
50.30
57.11
55.21
54.62
57.92
18.35
4.52%
5.90%
37
10.73
Buyback yield%
11.36
13.70
14.50
12.50
15.13
17.17
16.66
17.34
19.59
17.11
26.58
17.17
15.89
85
1.129
D/E ratiox
0.691
0.717
0.689
0.655
0.615
0.644
0.670
0.636
0.621
0.544
1.161
0.636
0.649
89
75.60
Enterprise valueNT$M
49.76
43.92
38.89
33.80
30.39
28.14
24.38
26.55
27.01
25.55
80.81
(3.41%)
(5.75%)
20
74.78
LT debtNT$M
103.1
121.1
123.5
138.5
137.4
145.9
146.3
155.6
161.8
168.5
61.06
4.17%
6.63%
62
Cost of revenue
8.90%
0.98×
Operating expenses
9.42%
1.03×
Property and equipment
14.81%
Spread over hurdle
(2.40%)