261.2
RevenueNT$M
243.0
252.9
266.1
276.5
289.6
298.4
306.2
314.4
327.4
343.5
284.6
3.47%
4.02%
25
22.78
Revenue growth%
11.21
13.06
13.69
14.39
17.21
17.43
20.29
17.75
17.02
19.87
23.81
17.75
17.11
27
3.36
Gross margin%
6.82
5.37
7.84
9.71
12.05
12.28
14.02
15.45
13.48
14.74
15.10
14.02
12.16
65
3.21
Operating margin%
5.55
5.76
5.44
2.72
0.40
0.40
2.98
4.22
3.08
4.74
24.28
3.08
3.65
27
3.60
Net margin%
9.81
11.03
12.44
14.52
12.25
9.71
11.76
14.39
11.55
8.92
4.22
11.55
11.66
10
33.08
P/E ratio (avg)x
11.84
13.51
15.21
15.38
16.34
17.57
19.02
18.91
18.40
18.34
37.97
18.40
16.96
94
7.572
EV/EBITx
36.78
41.96
43.61
47.99
47.18
48.60
51.83
54.78
55.85
55.66
27.49
54.78
48.30
90
27.02
FCF yield (avg)%
9.46
7.36
7.73
6.45
6.81
6.59
8.79
8.59
8.14
7.03
22.40
8.14
7.54
7
5.88
FCF margin%
23.48
25.22
28.10
28.57
26.94
25.07
24.83
27.07
29.42
27.84
4.11
27.07
27.00
35
0.736
FCF / Net incomex
0.297
0.294
0.250
0.232
0.227
0.208
0.193
0.167
0.162
0.170
0.864
0.170
0.217
75
5.79
ROIC%
3.76
2.65
4.35
6.07
6.25
8.47
9.01
11.49
12.62
9.86
5.13
9.86
7.36
80
8.77
Return on equity%
20.28
22.20
20.48
19.39
16.70
19.12
18.42
17.26
18.63
17.14
20.70
18.42
18.87
75
2.02
Return on assets%
21.65
20.46
21.73
24.10
22.32
21.32
20.01
18.89
18.33
18.98
13.95
18.98
20.89
61
4.72
EPSNT$
11.86
12.43
13.89
13.64
14.42
14.01
15.75
15.05
14.91
16.13
5.26
2.27%
3.16%
—
25.38
EPS growth%
24.98
26.31
29.19
31.82
34.07
32.31
31.94
29.85
27.79
28.41
24.61
29.85
29.52
89
12.06
Bookvalue per shNT$
8.17
9.16
8.52
9.10
9.13
9.09
8.82
8.31
7.95
7.90
2.88
(2.85%)
0.37%
—
3.12
FCF per shareNT$
9.71
10.46
10.33
9.99
8.99
8.89
8.00
8.41
8.02
8.40
6.32
(1.35%)
(1.36%)
—
8.66
Dividend per shNT$
9.67
9.65
10.58
10.81
10.12
10.22
10.41
10.02
10.84
10.22
8.10
0.20%
(0.17%)
—
5.45
Div yield (avg)%
17.74
18.97
21.79
22.18
20.09
21.81
21.53
20.88
21.29
18.41
24.57
21.29
21.09
48
23.36
Payout ratio%
3.79
5.63
7.31
9.33
6.86
4.50
2.82
4.67
6.98
7.08
22.35
4.67
6.24
82
23.36
Shares (diluted)M
30.15
32.80
31.90
32.33
29.92
27.68
28.51
28.72
28.49
28.44
22.36
(1.01%)
0.30%
52
28.33
Buyback yield%
20.77
20.24
19.41
21.41
20.99
22.42
24.13
23.06
25.09
22.55
12.01
23.06
21.92
51
1.793
D/E ratiox
1.910
2.107
2.450
2.620
2.580
2.989
3.498
3.678
4.183
5.023
0.340
3.678
2.805
79
221.8
Enterprise valueNT$M
195.6
200.5
189.6
176.3
183.0
185.1
175.5
168.5
176.4
177.7
102.9
(0.59%)
(0.81%)
20
186.3
LT debtNT$M
101.0
105.1
115.7
107.7
102.5
105.3
110.5
104.2
115.7
119.9
159.0
3.20%
0.66%
28
Cost of revenue
4.02%
1.00×
Operating expenses
4.32%
1.03×
Spread over hurdle
(2.83%)