318.3
RevenueNT$M
233.9
255.1
275.4
297.9
316.2
333.7
354.6
385.7
408.2
436.9
337.2
6.68%
7.12%
66
25.63
Revenue growth%
20.81
21.75
23.63
24.15
24.47
27.05
28.15
26.43
28.04
30.72
3.67
28.04
25.45
82
27.31
Gross margin%
29.33
28.58
30.51
32.60
31.94
29.77
29.60
27.47
26.78
29.26
6.33
29.26
29.46
94
7.02
Operating margin%
4.48
4.81
3.69
2.04
0.41
1.17
0.48
0.40
0.40
0.40
16.95
0.40
0.83
81
11.27
Net margin%
7.89
8.73
7.28
6.63
7.91
8.54
10.20
10.17
11.43
9.18
22.20
10.17
8.63
79
14.62
P/E ratio (avg)x
12.07
11.03
9.646
10.28
9.873
10.17
10.40
9.969
9.071
9.901
14.34
9.969
10.07
17
25.04
EV/EBITx
21.57
20.27
17.93
17.60
15.35
15.12
15.08
15.92
15.18
15.14
35.45
15.14
15.63
33
18.22
FCF yield (avg)%
16.33
19.24
16.77
14.20
11.79
14.44
14.22
12.79
10.33
9.39
23.29
12.79
14.21
33
2.24
FCF margin%
20.26
19.03
20.92
23.15
22.44
22.73
25.59
28.14
28.78
28.66
18.67
28.14
22.94
27
0.288
FCF / Net incomex
0.192
0.170
0.183
0.179
0.184
0.199
0.171
0.151
0.140
0.144
0.991
0.151
0.175
50
22.61
ROIC%
20.93
21.71
22.38
20.94
21.31
21.48
20.95
19.31
17.29
17.49
22.30
19.31
20.94
24
21.81
Return on equity%
22.61
22.05
19.78
20.00
22.28
22.57
23.67
21.82
22.18
22.51
23.72
22.51
22.23
22
24.65
Return on assets%
9.20
10.93
10.57
7.86
7.88
6.86
4.95
5.14
4.43
7.36
13.66
5.14
7.61
14
0.87
EPSNT$
3.12
2.65
2.29
1.98
1.72
1.60
1.36
1.38
1.28
1.32
0.93
(5.15%)
(7.84%)
—
25.44
EPS growth%
19.34
21.31
20.55
17.61
19.84
21.35
21.85
19.68
17.46
19.34
7.25
19.68
19.76
10
1.06
Bookvalue per shNT$
4.35
3.91
4.26
3.77
3.48
3.46
3.75
3.63
3.78
3.35
3.74
(0.77%)
(2.92%)
—
1.47
FCF per shareNT$
3.63
3.60
4.10
4.04
4.16
4.52
5.22
5.93
6.81
7.55
3.12
12.66%
7.96%
—
3.05
Dividend per shNT$
1.23
1.28
1.40
1.29
1.27
1.16
1.05
1.02
0.94
0.89
1.74
(6.98%)
(2.57%)
—
17.63
Div yield (avg)%
22.80
21.10
22.94
24.40
24.97
27.88
27.51
26.13
26.12
29.04
6.02
27.51
25.54
38
29.31
Payout ratio%
10.31
9.65
10.72
9.27
6.77
6.19
4.15
5.45
7.13
8.04
13.60
6.19
7.59
52
51.53
Shares (diluted)M
71.57
72.97
81.98
82.95
96.97
99.71
109.5
126.5
144.0
161.6
52.54
10.75%
9.75%
88
20.35
Buyback yield%
29.30
27.69
30.44
33.40
36.36
37.21
36.49
33.85
32.36
30.24
20.75
33.85
32.88
60
0.616
D/E ratiox
1.380
1.604
1.655
1.854
2.008
2.189
2.501
2.530
2.686
3.073
1.255
2.530
2.098
32
331.9
Enterprise valueNT$M
147.9
143.2
139.4
138.6
153.3
173.2
198.5
197.0
229.8
248.2
242.6
10.11%
6.80%
58
268.4
LT debtNT$M
348.0
322.3
292.4
250.0
246.5
265.9
233.2
242.4
234.1
227.9
201.9
(1.56%)
(5.23%)
16
Cost of revenue
7.50%
1.04×
Operating expenses
6.61%
0.95×
Property and equipment
16.02%
Goodwill & intangibles
14.63%
Spread over hurdle
(1.49%)