147.0
RevenueNT$M
456.6
495.5
522.3
544.4
579.1
603.4
651.7
686.7
739.2
793.5
153.7
6.50%
6.24%
60
25.39
Revenue growth%
18.34
18.22
16.32
16.23
17.13
17.02
19.63
19.37
19.24
16.58
17.07
19.24
17.68
55
22.85
Gross margin%
10.95
9.49
7.55
6.07
3.91
6.34
7.60
4.64
5.23
7.34
10.49
6.34
6.84
18
27.27
Operating margin%
16.80
19.07
19.40
20.01
22.59
24.59
23.19
25.19
24.78
26.24
17.37
24.78
22.89
88
12.70
Net margin%
2.95
5.01
5.34
7.75
8.56
7.95
8.28
7.94
7.72
4.93
10.06
7.94
7.74
19
29.21
P/E ratio (avg)x
13.84
14.59
16.46
16.45
16.27
16.32
17.71
16.64
17.06
19.16
14.64
17.06
16.46
21
24.65
EV/EBITx
34.31
33.01
31.24
31.92
35.99
39.26
43.36
42.18
38.32
37.03
24.55
39.26
36.51
91
28.52
FCF yield (avg)%
16.14
15.20
15.53
16.21
17.08
18.91
21.71
20.99
18.28
18.99
3.60
18.99
17.68
33
2.17
FCF margin%
20.93
21.61
21.81
21.38
21.34
23.04
21.34
23.42
22.02
19.52
26.87
22.02
21.50
70
1.544
FCF / Net incomex
0.364
0.332
0.347
0.306
0.275
0.252
0.246
0.271
0.242
0.268
1.417
0.252
0.273
43
28.43
ROIC%
12.50
10.11
11.32
11.25
8.60
7.94
7.98
10.86
12.32
11.77
9.10
10.86
11.06
39
28.84
Return on equity%
3.07
5.47
5.42
3.09
0.72
0.40
0.40
0.89
1.21
1.95
12.87
0.89
1.58
21
3.56
Return on assets%
7.23
5.80
3.96
4.87
2.63
2.93
4.68
4.18
2.01
0.40
29.52
2.93
4.07
53
1.33
EPSNT$
2.20
2.46
2.59
2.52
2.58
2.39
2.62
3.00
3.20
3.24
1.43
4.68%
3.18%
—
17.79
EPS growth%
21.89
23.91
26.86
27.07
29.44
32.32
32.85
32.35
33.72
35.06
22.37
32.85
30.88
28
2.21
Bookvalue per shNT$
0.43
0.45
0.49
0.49
0.46
0.46
0.41
0.45
0.45
0.40
0.45
(3.15%)
(0.55%)
—
1.26
FCF per shareNT$
1.78
1.66
1.66
1.70
1.81
1.53
1.34
1.35
1.34
1.31
1.33
(6.25%)
(3.70%)
—
0.81
Dividend per shNT$
0.49
0.42
0.42
0.37
0.37
0.36
0.37
0.33
0.36
0.31
2.44
(3.69%)
(4.04%)
—
29.87
Div yield (avg)%
12.02
9.30
10.29
8.83
10.10
8.06
7.58
10.54
8.01
7.61
17.64
8.01
9.07
26
27.72
Payout ratio%
1.22
0.40
0.40
0.40
0.40
0.40
0.40
1.73
4.14
3.70
2.14
1.73
0.40
8
85.00
Shares (diluted)M
92.92
83.08
77.16
82.71
87.74
77.91
84.00
79.61
87.06
95.88
83.71
1.79%
(0.76%)
20
15.94
Buyback yield%
12.16
13.91
15.25
15.68
17.10
17.21
17.17
17.17
19.80
17.03
18.77
17.17
17.07
55
1.438
D/E ratiox
0.677
0.622
0.673
0.620
0.680
0.697
0.706
0.686
0.643
0.638
0.721
0.686
0.675
64
0.322
Enterprise valueNT$B
0.425
0.441
0.503
0.556
0.654
0.784
0.922
1.091
1.163
1.156
0.071
12.07%
11.27%
57
49.99
LT debtNT$M
638.1
624.8
590.4
562.9
586.7
637.2
647.0
694.9
741.4
810.4
571.1
6.67%
2.73%
17
Cost of revenue
6.17%
0.99×
Operating expenses
6.14%
0.99×
Goodwill & intangibles
16.72%
Spread over hurdle
17.26%