158.9
RevenueNT$M
264.7
282.1
306.0
338.3
369.1
393.1
416.9
447.2
491.1
530.2
177.6
7.51%
8.08%
26
19.42
Revenue growth%
25.38
28.30
26.87
28.37
25.51
23.48
23.60
22.83
20.30
19.71
5.73
22.83
24.49
47
16.20
Gross margin%
4.41
5.01
3.39
2.52
1.70
0.40
2.62
2.15
1.83
0.55
14.24
1.83
2.34
51
28.02
Operating margin%
9.73
11.53
9.05
8.29
10.44
12.55
9.60
7.37
9.41
7.75
18.33
9.41
9.50
28
16.23
Net margin%
16.60
16.77
17.24
17.14
15.60
17.35
19.07
20.86
18.46
18.58
9.49
18.58
17.30
6
13.58
P/E ratio (avg)x
23.13
26.08
28.89
26.89
29.12
27.95
29.13
28.27
26.68
26.58
34.09
27.95
27.42
40
28.33
EV/EBITx
26.89
25.75
26.57
25.53
26.71
23.60
26.08
24.79
23.31
23.13
18.05
23.60
25.64
37
22.47
FCF yield (avg)%
24.31
21.97
23.11
23.51
26.48
27.09
25.71
24.95
23.61
21.62
29.79
24.95
23.96
21
22.75
FCF margin%
8.68
6.30
4.00
2.46
3.78
5.49
4.59
2.37
3.59
5.23
8.24
4.59
4.30
55
1.781
FCF / Net incomex
1.054
0.974
0.955
1.054
1.159
1.304
1.305
1.325
1.469
1.500
0.888
1.325
1.232
73
17.74
ROIC%
3.93
2.11
3.67
6.25
8.69
8.53
9.22
9.82
10.91
8.96
11.75
9.22
8.61
12
25.98
Return on equity%
24.57
21.74
19.92
17.31
16.15
17.09
16.78
14.67
15.20
14.67
21.61
15.20
16.94
68
14.56
Return on assets%
32.62
34.03
31.10
32.10
33.65
33.41
32.83
34.72
35.77
36.22
19.21
34.72
33.53
50
0.52
EPSNT$
2.09
1.88
1.97
1.86
1.99
1.81
2.04
2.17
2.29
2.56
0.55
5.20%
3.08%
—
2.15
EPS growth%
25.29
23.04
23.22
20.52
18.30
17.85
17.21
15.05
14.00
15.51
16.99
15.51
18.08
28
2.09
Bookvalue per shNT$
1.38
1.51
1.57
1.76
1.65
1.78
2.06
2.06
2.28
2.25
2.26
6.42%
4.91%
—
2.09
FCF per shareNT$
1.44
1.32
1.13
1.08
0.99
1.03
0.91
0.87
0.77
0.78
1.05
(4.55%)
(6.53%)
—
1.23
Dividend per shNT$
1.88
2.19
2.31
2.54
2.56
2.70
2.96
3.26
3.51
3.63
1.55
7.28%
7.90%
—
12.44
Div yield (avg)%
23.74
25.30
24.20
22.54
21.68
18.81
18.83
20.12
20.01
20.93
15.78
20.01
21.30
70
3.43
Payout ratio%
22.45
21.23
18.83
16.79
14.05
11.58
11.52
9.26
9.26
7.82
12.03
9.26
12.81
69
232.9
Shares (diluted)M
230.0
208.1
217.8
237.0
204.8
203.8
213.7
205.5
195.8
179.3
228.5
(2.62%)
(2.08%)
27
24.29
Buyback yield%
18.02
19.51
16.97
18.61
17.62
16.30
17.36
15.49
13.68
14.23
14.04
15.49
17.17
41
0.378
D/E ratiox
1.201
1.431
1.683
1.782
2.027
2.278
2.631
2.849
2.826
3.255
1.239
2.826
2.152
75
0.586
Enterprise valueNT$B
0.688
0.763
0.769
0.768
0.905
0.943
1.107
1.094
1.233
1.382
0.086
8.85%
9.15%
79
542.3
LT debtNT$M
142.8
150.5
153.9
178.7
190.4
185.0
211.7
249.5
243.6
279.2
384.3
7.95%
6.64%
81
Cost of revenue
8.11%
1.00×
Operating expenses
7.51%
0.95×
Property and equipment
14.71%
Spread over hurdle
(1.27%)