378.7
RevenueNT$M
394.4
404.5
432.9
463.4
491.3
514.5
538.1
570.5
584.7
597.5
387.6
3.99%
4.83%
31
2.88
Revenue growth%
25.24
24.81
25.89
25.08
27.11
27.64
27.90
28.72
27.92
29.70
16.35
27.92
27.38
24
25.22
Gross margin%
3.50
5.35
2.75
1.24
0.40
1.36
1.39
2.56
3.59
3.29
27.55
2.56
2.65
32
24.23
Operating margin%
25.17
25.75
27.79
28.72
27.72
28.78
27.40
26.10
25.67
27.51
25.70
27.40
27.46
12
24.20
Net margin%
24.42
24.45
23.93
24.14
23.98
22.65
20.70
19.60
18.14
18.41
4.73
19.60
23.29
80
17.87
P/E ratio (avg)x
25.74
27.62
26.19
25.85
23.46
20.56
21.09
21.10
20.06
19.05
6.271
20.56
22.28
38
29.47
EV/EBITx
15.18
17.58
21.04
23.13
27.66
30.31
34.69
40.93
49.70
56.96
7.883
40.93
28.98
80
25.81
FCF yield (avg)%
15.14
15.00
14.91
15.54
16.90
19.14
17.59
18.28
16.71
16.94
29.58
17.59
16.81
19
5.78
FCF margin%
3.52
4.60
4.51
7.46
10.08
8.44
10.29
11.64
8.84
11.29
13.63
10.29
8.64
16
1.303
FCF / Net incomex
0.112
0.119
0.113
0.113
0.127
0.131
0.151
0.157
0.152
0.163
0.281
0.152
0.129
27
26.57
ROIC%
16.12
16.58
15.27
12.31
10.91
11.34
14.10
15.82
14.95
16.17
18.64
14.95
15.11
66
21.60
Return on equity%
24.33
22.23
21.04
22.61
24.45
26.68
27.65
26.95
29.57
28.06
22.67
27.65
25.57
84
13.11
Return on assets%
19.59
20.34
17.92
16.96
19.01
21.64
23.49
20.60
19.24
17.04
12.47
20.60
19.41
70
1.65
EPSNT$
0.85
0.86
0.94
0.94
0.95
0.83
0.90
0.83
0.86
0.93
1.77
(0.49%)
0.75%
—
17.02
EPS growth%
13.27
13.72
13.73
14.72
13.22
14.33
12.34
12.61
12.27
13.55
17.27
12.61
13.41
14
1.12
Bookvalue per shNT$
2.98
3.36
3.52
3.61
3.84
3.86
4.51
5.05
6.01
6.69
1.50
11.73%
8.58%
—
0.72
FCF per shareNT$
1.42
1.40
1.66
1.70
1.67
1.76
1.77
1.73
1.82
2.07
1.10
4.34%
5.59%
—
1.66
Dividend per shNT$
1.97
1.89
2.17
2.25
2.16
2.00
2.15
2.43
2.57
2.64
0.64
4.08%
2.45%
—
27.48
Div yield (avg)%
24.05
26.66
26.74
29.07
26.08
28.85
31.42
30.82
31.56
29.50
21.17
30.82
28.96
78
28.56
Payout ratio%
23.70
26.38
23.50
25.86
28.33
26.31
27.08
25.40
25.08
25.97
29.33
25.97
25.92
89
51.14
Shares (diluted)M
61.35
59.69
61.67
68.05
69.04
81.04
80.00
79.69
92.25
88.95
48.79
5.20%
3.77%
69
21.45
Buyback yield%
1.93
2.59
2.58
0.40
0.40
0.40
0.64
0.40
0.40
2.54
18.41
0.40
0.52
85
0.683
D/E ratiox
1.574
1.636
1.746
1.834
1.725
1.630
1.849
1.866
1.822
1.953
1.216
1.849
1.784
80
116.7
Enterprise valueNT$M
541.8
540.8
628.7
728.8
699.9
835.1
806.1
784.4
787.9
909.5
106.4
5.38%
6.48%
25
230.7
LT debtNT$M
351.4
380.4
381.4
363.5
332.4
352.2
341.6
336.8
295.2
256.0
153.3
(5.09%)
(4.29%)
77
Cost of revenue
4.91%
1.01×
Operating expenses
3.91%
0.92×
Goodwill & intangibles
15.93%
Spread over hurdle
27.60%