138.2
RevenueNT$M
162.9
166.3
175.0
183.8
192.0
204.1
214.7
226.4
232.8
247.1
144.6
5.17%
4.62%
31
16.56
Revenue growth%
4.12
6.80
3.85
5.69
8.43
9.49
9.88
8.12
7.98
9.94
23.96
9.49
8.05
16
7.21
Gross margin%
24.92
24.07
25.36
25.73
27.22
29.88
29.73
27.81
26.19
28.65
16.91
28.65
26.71
32
5.88
Operating margin%
21.89
22.56
22.81
20.23
21.91
20.21
17.85
19.65
20.09
18.82
22.80
19.65
20.22
32
28.40
Net margin%
8.68
11.60
12.31
9.77
10.25
9.65
12.04
11.86
14.76
15.60
23.84
12.04
11.73
37
7.253
P/E ratio (avg)x
25.05
23.07
24.82
24.65
22.06
23.52
22.70
22.33
22.29
21.04
20.11
22.33
22.89
54
13.78
EV/EBITx
24.77
26.09
22.87
21.92
21.89
22.11
23.15
24.60
21.21
22.22
17.74
22.22
22.55
82
6.60
FCF yield (avg)%
2.82
1.68
0.40
0.40
0.40
0.40
2.99
0.40
0.40
0.40
15.95
0.40
0.40
75
6.83
FCF margin%
16.50
15.36
16.21
15.24
16.01
18.99
18.19
18.59
21.28
19.26
18.48
18.99
17.34
66
1.588
FCF / Net incomex
1.100
1.099
1.231
1.226
1.223
1.452
1.555
1.853
1.842
2.040
0.968
1.842
1.342
82
8.44
ROIC%
30.48
31.01
32.90
31.23
30.38
27.97
29.56
30.28
28.24
29.47
2.69
29.47
30.33
8
3.25
Return on equity%
21.22
20.32
18.22
18.04
18.89
18.84
18.42
19.21
20.77
21.18
7.11
19.21
19.05
71
26.04
Return on assets%
16.11
17.57
18.77
19.00
18.47
21.40
22.46
23.23
20.72
18.52
27.95
21.40
18.89
45
0.77
EPSNT$
0.91
0.82
0.75
0.77
0.81
0.82
0.79
0.87
0.92
0.89
0.84
1.75%
(1.36%)
—
21.19
EPS growth%
27.92
25.39
26.85
29.35
30.69
31.36
29.47
31.39
28.81
26.78
7.78
29.47
29.08
65
0.30
Bookvalue per shNT$
0.38
0.36
0.39
0.44
0.48
0.54
0.59
0.54
0.57
0.62
0.30
5.21%
5.82%
—
0.98
FCF per shareNT$
1.42
1.45
1.45
1.35
1.46
1.65
1.65
1.58
1.52
1.42
0.46
(0.54%)
1.10%
—
0.52
Dividend per shNT$
0.77
0.83
0.81
0.79
0.87
0.75
0.67
0.64
0.59
0.65
0.93
(5.67%)
(2.51%)
—
15.01
Div yield (avg)%
26.10
28.51
30.52
30.94
31.32
29.18
29.66
32.11
34.08
33.18
10.87
32.11
30.73
62
2.09
Payout ratio%
23.28
21.93
24.50
24.90
23.95
23.78
24.34
26.13
28.04
28.35
9.26
26.13
24.42
23
74.22
Shares (diluted)M
83.83
87.09
96.38
93.63
102.5
96.08
94.60
98.68
104.5
108.6
75.67
1.16%
1.84%
11
18.44
Buyback yield%
8.54
10.16
10.39
8.75
6.63
8.20
11.04
13.42
10.51
13.19
10.23
11.04
10.28
81
0.905
D/E ratiox
1.132
1.225
1.222
1.199
1.205
1.221
1.386
1.359
1.512
1.624
0.513
1.386
1.224
32
104.8
Enterprise valueNT$M
248.7
294.0
305.3
364.5
377.3
419.7
505.0
579.4
577.0
569.3
62.78
8.58%
10.62%
8
61.99
LT debtNT$M
37.37
42.31
46.34
52.21
49.22
51.69
53.50
57.80
54.90
54.76
186.2
2.16%
4.38%
32
Cost of revenue
4.35%
0.98×
Operating expenses
4.98%
1.04×
Cash and investments
18.77%
Spread over hurdle
(0.17%)