52.53
RevenueNT$M
374.5
395.5
431.2
458.3
493.3
515.9
541.7
585.2
610.4
641.7
55.03
5.40%
6.16%
61
22.67
Revenue growth%
18.43
16.46
14.21
13.60
16.00
17.97
18.27
15.62
17.53
19.15
8.82
17.97
17.00
89
25.62
Gross margin%
9.04
8.95
10.01
10.72
9.22
12.13
14.26
12.55
13.43
14.86
25.14
13.43
11.42
72
6.94
Operating margin%
16.27
15.90
14.54
12.48
14.95
17.59
18.67
15.77
17.20
15.49
8.84
17.20
15.83
31
28.66
Net margin%
28.77
26.89
27.45
26.01
26.72
25.64
22.99
20.04
18.08
20.43
19.17
20.43
25.82
65
26.16
P/E ratio (avg)x
8.671
9.907
9.602
9.734
9.535
9.054
8.759
9.800
10.97
12.05
18.27
9.800
9.668
84
8.547
EV/EBITx
42.23
47.90
46.34
52.58
54.02
58.56
57.42
66.64
78.26
80.67
30.88
66.64
55.72
86
20.33
FCF yield (avg)%
21.11
18.56
18.29
15.51
15.65
14.20
11.25
11.09
9.94
9.76
10.31
11.09
14.86
15
23.50
FCF margin%
29.52
32.03
29.32
30.41
28.17
28.60
28.71
28.05
28.51
25.75
7.36
28.51
28.66
56
0.823
FCF / Net incomex
2.922
3.073
3.120
3.753
4.382
4.826
5.811
6.294
6.101
6.175
1.730
6.101
4.604
37
7.21
ROIC%
6.18
8.87
10.61
13.61
12.93
13.30
13.25
16.04
13.51
11.14
8.52
13.30
13.09
56
29.93
Return on equity%
8.52
9.86
8.95
9.99
9.67
12.36
13.52
11.91
11.32
9.75
11.97
11.91
9.93
12
18.00
Return on assets%
7.53
9.24
8.63
8.62
11.50
10.70
8.70
10.98
13.65
15.07
12.63
10.98
9.97
83
5.00
EPSNT$
5.28
5.61
5.55
6.37
6.53
7.01
7.60
7.62
7.63
8.50
5.43
5.40%
5.28%
—
29.45
EPS growth%
16.43
15.85
13.21
15.86
15.86
15.27
14.48
13.14
16.08
15.47
11.34
15.27
15.66
8
2.79
Bookvalue per shNT$
10.59
10.91
10.56
11.00
9.97
9.60
8.28
7.49
7.99
7.79
9.20
(4.81%)
(3.33%)
—
3.65
FCF per shareNT$
6.77
7.72
8.71
9.63
11.21
10.61
11.63
13.09
14.05
16.50
16.37
8.04%
9.37%
—
5.75
Dividend per shNT$
9.04
7.96
8.26
8.63
8.56
7.95
6.78
5.87
6.19
6.68
8.91
(4.82%)
(3.22%)
—
23.84
Div yield (avg)%
19.40
21.38
22.82
22.78
20.81
21.46
19.95
17.04
16.10
13.93
11.81
17.04
20.38
29
13.96
Payout ratio%
13.62
15.94
15.17
13.84
16.69
15.00
12.84
14.13
12.30
10.68
3.01
12.84
13.98
14
32.96
Shares (diluted)M
37.98
37.41
40.94
45.95
49.51
57.76
61.02
67.65
69.75
79.68
33.02
9.98%
7.41%
22
15.61
Buyback yield%
11.03
11.45
9.17
11.77
12.48
12.42
15.36
15.93
13.22
13.71
27.98
13.71
12.45
68
0.813
D/E ratiox
1.227
1.292
1.555
1.872
1.816
1.978
2.202
2.456
2.935
3.115
1.369
2.456
1.925
33
349.5
Enterprise valueNT$M
723.6
678.9
612.6
570.7
524.0
590.0
653.0
705.7
790.9
821.7
256.1
9.41%
0.91%
52
0.816
LT debtNT$B
0.889
0.997
1.010
1.064
1.074
1.253
1.445
1.575
1.627
1.753
0.729
10.30%
8.61%
76
Cost of revenue
6.16%
1.00×
Operating expenses
5.71%
0.96×
Cash and investments
15.55%
Spread over hurdle
(0.84%)