171.2
RevenueNT$M
125.4
137.2
151.4
166.1
177.7
191.7
211.5
234.5
252.3
280.2
175.5
9.53%
9.32%
92
10.16
Revenue growth%
1.11
0.81
2.46
4.35
1.77
3.26
0.58
0.40
0.40
0.40
7.45
0.40
0.96
70
29.07
Gross margin%
11.84
11.98
10.08
7.80
4.88
7.26
7.84
8.00
5.36
4.69
13.87
7.26
7.82
80
15.53
Operating margin%
26.61
24.44
24.19
26.55
24.46
26.06
24.31
23.50
22.17
24.39
14.90
24.31
24.42
89
16.80
Net margin%
18.55
20.96
18.99
17.93
19.03
16.36
18.97
20.41
19.13
20.81
19.57
19.13
19.01
40
14.05
P/E ratio (avg)x
15.13
14.72
14.28
15.26
16.84
17.40
15.78
15.01
16.18
17.44
21.72
16.18
15.52
40
26.75
EV/EBITx
36.04
37.88
40.06
42.44
46.50
47.50
48.88
52.87
56.73
63.82
36.80
52.87
47.00
44
8.69
FCF yield (avg)%
1.10
0.40
2.57
3.15
0.85
0.61
3.59
5.63
7.81
7.94
17.16
5.63
2.86
52
25.22
FCF margin%
0.40
2.98
5.45
7.68
9.61
9.42
8.40
7.37
8.82
11.36
2.72
8.82
8.04
85
1.107
FCF / Net incomex
1.961
1.940
2.205
2.397
2.336
2.654
3.090
3.592
3.753
4.291
0.743
3.592
2.525
75
27.68
ROIC%
12.92
11.40
10.45
8.04
10.07
9.24
11.63
8.71
10.33
9.24
28.77
9.24
10.20
17
29.13
Return on equity%
24.17
23.64
24.75
26.08
26.26
24.62
22.10
22.32
24.81
26.40
7.89
24.62
24.69
21
19.92
Return on assets%
27.43
29.71
26.82
24.25
26.04
26.65
25.72
26.82
25.26
25.21
10.94
25.72
26.35
90
0.87
EPSNT$
0.72
0.62
0.53
0.54
0.47
0.48
0.41
0.38
0.32
0.32
0.91
(7.46%)
(9.16%)
—
21.12
EPS growth%
29.66
28.87
31.85
32.13
30.42
30.84
33.55
30.90
28.04
27.43
9.67
30.84
30.63
12
0.82
Bookvalue per shNT$
0.25
0.29
0.27
0.29
0.27
0.31
0.35
0.39
0.37
0.36
1.20
5.85%
2.80%
—
0.63
FCF per shareNT$
0.25
0.27
0.29
0.28
0.26
0.24
0.22
0.20
0.17
0.16
0.48
(9.49%)
(4.11%)
—
0.80
Dividend per shNT$
0.26
0.28
0.26
0.24
0.22
0.23
0.21
0.21
0.20
0.21
1.27
(0.66%)
(0.45%)
—
16.30
Div yield (avg)%
30.89
32.17
32.56
35.41
36.08
33.86
34.98
35.68
38.59
37.72
6.68
35.68
35.19
35
27.58
Payout ratio%
25.00
25.24
28.19
29.32
27.60
27.16
30.15
30.71
31.58
33.72
23.23
30.71
28.75
77
82.41
Shares (diluted)M
109.3
111.7
125.8
119.4
133.5
130.8
152.9
145.2
164.7
168.2
78.37
4.73%
4.00%
42
25.13
Buyback yield%
13.79
12.71
10.27
10.98
8.34
10.10
12.24
11.92
9.28
6.88
26.86
10.10
10.63
30
1.356
D/E ratiox
0.427
0.466
0.469
0.506
0.541
0.526
0.577
0.631
0.610
0.684
1.397
0.610
0.534
40
91.42
Enterprise valueNT$M
162.5
196.1
207.0
222.0
263.8
311.0
371.5
379.5
450.0
491.8
20.48
13.27%
12.01%
59
213.4
LT debtNT$M
154.4
175.0
200.4
193.6
188.9
182.8
190.5
205.9
212.9
226.8
77.91
3.72%
4.70%
45
Cost of revenue
9.22%
0.99×
Operating expenses
9.88%
1.05×
Goodwill & intangibles
16.05%
Property and equipment
14.79%
Spread over hurdle
16.56%