255.9
RevenueNT$M
367.1
392.1
418.5
438.5
477.0
509.2
555.8
605.6
658.7
689.5
267.4
7.64%
7.00%
13
11.89
Revenue growth%
31.62
34.01
32.34
33.78
32.95
32.90
34.23
36.16
38.17
38.91
12.23
36.16
33.90
30
22.88
Gross margin%
18.83
17.49
15.89
13.23
14.19
16.99
17.59
17.42
15.19
15.28
15.62
16.99
16.44
75
12.52
Operating margin%
6.76
7.02
6.17
4.00
4.62
4.34
3.72
1.56
0.40
3.38
18.96
3.38
4.17
47
10.73
Net margin%
17.77
17.68
16.70
15.74
15.33
14.32
14.30
13.57
13.97
15.34
23.47
14.30
15.34
10
29.95
P/E ratio (avg)x
34.21
37.55
34.65
39.69
44.47
51.07
54.64
56.15
59.77
54.76
11.76
54.76
47.77
61
16.45
EV/EBITx
6.256
5.615
5.613
5.165
4.609
4.869
5.186
5.517
4.915
4.773
35.68
4.915
5.175
37
24.46
FCF yield (avg)%
35.46
34.52
34.12
31.91
32.12
34.46
35.07
33.56
33.27
30.96
25.42
33.56
33.84
79
11.41
FCF margin%
16.24
14.08
14.85
17.52
14.72
14.55
11.83
13.39
14.74
16.77
16.77
14.55
14.73
38
0.654
FCF / Net incomex
1.562
1.598
1.627
1.676
1.674
1.701
1.524
1.449
1.377
1.400
0.267
1.449
1.580
43
15.47
ROIC%
11.54
13.00
14.55
12.33
12.85
14.46
15.41
14.59
17.14
19.41
22.06
15.41
14.50
57
12.77
Return on equity%
14.20
12.80
12.96
12.77
13.23
14.13
17.00
19.13
21.09
22.48
29.64
19.13
14.16
28
15.52
Return on assets%
1.21
1.82
0.40
0.40
0.40
0.40
0.97
0.40
1.55
3.55
27.03
0.97
0.68
31
0.23
EPSNT$
0.90
0.98
0.90
0.85
0.88
0.88
0.80
0.81
0.89
0.91
0.25
0.72%
0.11%
—
4.25
EPS growth%
14.97
16.05
14.43
13.19
10.50
12.77
15.37
16.63
16.99
14.49
23.64
15.37
14.73
49
0.42
Bookvalue per shNT$
0.58
0.63
0.63
0.66
0.76
0.76
0.86
0.85
0.92
0.97
0.67
5.08%
6.43%
—
0.18
FCF per shareNT$
0.67
0.66
0.68
0.69
0.64
0.70
0.74
0.68
0.74
0.76
0.62
3.39%
2.14%
—
0.23
Dividend per shNT$
0.12
0.12
0.12
0.12
0.12
0.12
0.13
0.13
0.14
0.15
0.88
4.92%
1.23%
—
22.09
Div yield (avg)%
23.85
23.55
21.54
24.20
22.37
21.96
24.87
22.56
25.52
25.17
7.03
24.87
23.70
25
14.46
Payout ratio%
16.17
16.55
17.25
19.98
21.49
21.86
24.12
22.10
24.38
25.85
25.49
24.12
21.68
93
372.9
Shares (diluted)M
408.4
469.7
474.0
457.9
520.2
581.0
652.1
633.0
603.4
568.3
358.7
1.79%
3.00%
82
15.55
Buyback yield%
11.06
8.50
7.98
5.01
4.01
1.92
1.87
1.94
0.40
1.08
20.82
1.87
2.97
29
0.557
D/E ratiox
2.355
2.750
2.780
3.170
3.796
4.053
4.135
4.045
4.707
5.575
0.264
4.135
3.921
29
423.4
Enterprise valueNT$M
148.1
168.8
163.1
156.9
166.5
179.0
199.0
196.4
218.3
223.3
64.80
6.04%
3.76%
23
161.4
LT debtNT$M
110.8
122.9
129.1
138.0
164.9
198.5
193.7
231.0
249.5
283.8
383.0
11.47%
9.75%
78
Cost of revenue
7.00%
1.00×
Operating expenses
6.51%
0.95×
Goodwill & intangibles
15.24%
Spread over hurdle
(1.57%)