33.31
RevenueNT$M
162.9
165.7
168.8
173.9
175.3
173.6
171.6
175.6
178.5
177.8
36.48
0.28%
0.92%
59
18.12
Revenue growth%
7.84
10.54
11.49
14.29
15.78
15.29
17.52
16.99
14.12
15.97
2.85
15.97
14.79
45
27.64
Gross margin%
11.60
12.50
13.77
15.22
13.80
15.09
13.11
14.56
13.24
12.67
7.30
13.24
13.51
66
25.23
Operating margin%
3.10
4.30
1.90
3.34
4.75
1.98
0.40
0.40
1.97
3.23
17.94
1.97
2.54
21
14.92
Net margin%
26.32
27.28
25.32
26.05
24.27
21.32
22.53
21.70
21.42
23.16
8.45
21.70
23.71
80
24.19
P/E ratio (avg)x
25.95
25.55
26.15
27.58
29.11
32.61
35.58
33.59
38.82
42.03
9.458
35.58
30.86
26
24.45
EV/EBITx
24.12
25.25
27.44
30.55
27.83
30.13
28.07
28.80
29.50
29.57
12.96
29.50
28.43
89
26.31
FCF yield (avg)%
29.11
27.15
26.31
24.14
24.32
22.35
21.70
20.54
19.55
21.85
4.05
21.70
23.24
53
10.52
FCF margin%
22.29
19.80
18.08
15.77
18.25
18.12
17.99
17.76
18.73
18.34
9.05
18.12
18.19
56
1.094
FCF / Net incomex
0.403
0.421
0.453
0.521
0.571
0.560
0.628
0.730
0.834
1.007
0.391
0.730
0.566
6
8.36
ROIC%
0.40
0.48
1.17
3.82
3.97
5.86
7.46
4.51
5.10
2.54
2.22
5.10
3.89
61
19.24
Return on equity%
31.30
32.38
34.13
32.67
34.86
33.04
32.15
34.29
32.83
33.60
21.58
33.04
32.93
53
11.33
Return on assets%
22.15
22.57
22.21
22.04
23.43
21.67
21.27
19.16
17.59
15.32
29.50
19.16
21.85
59
1.98
EPSNT$
3.50
3.54
3.47
4.11
4.42
4.78
4.66
4.68
5.10
5.41
2.05
4.14%
6.28%
—
28.25
EPS growth%
31.99
31.93
33.27
32.30
34.01
31.85
31.73
34.61
35.91
34.40
14.62
34.40
32.78
67
2.05
Bookvalue per shNT$
1.45
1.49
1.49
1.37
1.30
1.14
1.09
1.08
0.93
0.87
1.37
(7.83%)
(5.83%)
—
1.07
FCF per shareNT$
0.80
0.70
0.65
0.69
0.67
0.57
0.51
0.55
0.58
0.51
2.71
(5.08%)
(3.89%)
—
1.88
Dividend per shNT$
4.10
4.61
4.76
4.79
5.63
6.66
7.02
7.90
8.40
9.49
3.06
10.99%
9.40%
—
4.05
Div yield (avg)%
32.75
35.21
32.40
34.18
34.69
36.37
34.07
32.55
32.01
31.97
22.67
32.55
33.41
57
5.74
Payout ratio%
29.17
32.08
33.88
36.49
35.46
33.43
31.24
31.94
34.46
33.47
16.36
33.43
33.45
25
23.27
Shares (diluted)M
23.90
26.18
26.16
24.04
21.52
22.70
21.38
22.17
22.04
20.32
23.09
(1.14%)
(2.43%)
23
13.87
Buyback yield%
27.19
25.05
22.24
21.73
21.58
23.62
25.82
24.80
27.11
30.00
24.23
25.82
24.93
54
1.417
D/E ratiox
0.199
0.195
0.235
0.258
0.310
0.327
0.376
0.444
0.460
0.463
0.122
0.444
0.319
70
59.67
Enterprise valueNT$M
71.65
71.59
75.44
81.28
80.64
79.35
79.22
78.19
85.97
98.09
44.24
3.99%
2.56%
54
114.4
LT debtNT$M
46.47
47.72
53.41
52.43
52.80
56.90
59.54
61.11
67.76
74.39
95.10
7.10%
6.04%
69
Cost of revenue
0.76%
0.98×
Operating expenses
1.40%
1.05×
Goodwill & intangibles
16.29%
Spread over hurdle
18.98%