315.6
RevenueNT$M
451.6
458.2
487.3
505.4
530.8
550.7
575.2
590.1
606.7
643.5
353.1
3.92%
3.82%
66
10.21
Revenue growth%
20.07
17.14
16.59
16.64
16.83
16.13
14.17
16.90
14.91
12.60
11.68
14.91
16.62
36
11.22
Gross margin%
19.13
16.55
18.64
20.24
20.27
22.67
20.23
19.54
19.58
17.98
16.17
19.58
19.56
95
11.63
Operating margin%
14.51
13.03
13.90
15.15
14.50
17.03
14.87
12.83
15.51
16.51
8.74
15.51
14.69
36
22.89
Net margin%
20.55
23.13
23.92
26.89
29.20
26.49
28.85
27.35
28.57
25.73
25.70
27.35
26.69
53
22.42
P/E ratio (avg)x
17.15
17.73
18.52
18.93
16.81
17.29
15.96
16.07
14.56
13.85
27.43
15.96
16.98
93
27.16
EV/EBITx
45.57
46.39
48.61
53.35
53.25
55.47
55.26
50.05
48.12
44.64
16.64
50.05
49.33
20
17.21
FCF yield (avg)%
11.97
9.40
7.61
6.06
8.51
8.91
11.16
11.12
8.30
8.32
26.18
8.91
8.71
50
28.83
FCF margin%
21.57
22.96
25.22
22.24
20.46
21.42
19.72
16.79
16.04
16.68
2.49
16.79
20.94
87
0.146
FCF / Net incomex
1.105
1.139
1.208
1.280
1.129
1.102
1.189
1.295
1.199
1.231
0.824
1.199
1.194
45
19.48
ROIC%
32.04
29.66
31.92
32.56
33.81
35.20
32.26
31.82
32.92
30.89
27.02
32.26
32.15
15
10.82
Return on equity%
23.08
23.80
24.44
24.29
22.17
19.38
20.36
19.27
17.24
19.54
3.70
19.38
21.26
17
18.16
Return on assets%
2.30
1.75
3.50
3.79
1.53
0.48
0.40
0.40
0.40
0.40
5.94
0.40
1.01
22
1.13
EPSNT$
0.66
0.71
0.75
0.79
0.79
0.93
1.12
1.34
1.52
1.63
1.16
15.53%
10.12%
—
21.67
EPS growth%
16.84
14.14
12.23
12.06
13.44
11.44
12.45
13.45
11.35
10.70
10.65
11.44
12.34
86
0.36
Bookvalue per shNT$
1.23
1.34
1.30
1.37
1.19
1.21
1.05
1.04
1.02
0.93
0.74
(4.88%)
(3.31%)
—
0.60
FCF per shareNT$
1.13
1.12
1.20
1.29
1.42
1.36
1.57
1.70
1.87
2.12
1.25
8.29%
8.12%
—
0.75
Dividend per shNT$
1.22
1.42
1.53
1.78
1.99
2.16
2.34
2.37
2.74
3.13
0.99
9.45%
11.31%
—
21.09
Div yield (avg)%
15.07
12.91
15.69
13.71
11.62
12.83
10.70
13.33
14.40
14.40
9.83
13.33
13.52
18
14.08
Payout ratio%
25.13
23.93
25.28
25.34
24.97
26.20
26.98
27.09
29.58
32.45
29.95
27.09
25.77
67
184.2
Shares (diluted)M
143.9
150.9
129.7
136.7
131.9
134.3
128.4
134.0
129.3
133.4
180.9
0.22%
(2.04%)
23
29.32
Buyback yield%
24.53
26.33
28.77
28.24
30.40
31.35
28.42
30.73
28.74
26.89
23.15
28.74
28.58
8
0.999
D/E ratiox
2.552
2.694
3.063
3.022
3.533
3.819
4.081
4.753
4.714
4.616
0.425
4.616
3.676
54
165.5
Enterprise valueNT$M
37.10
33.25
29.19
27.84
25.15
22.00
21.34
21.55
19.94
18.56
480.6
(5.90%)
(6.51%)
36
299.5
LT debtNT$M
465.0
453.5
417.1
433.8
457.4
512.9
523.5
502.9
516.0
493.8
521.8
1.54%
—
43
Cost of revenue
3.82%
1.00×
Operating expenses
3.71%
0.99×
Cash and investments
17.27%
Spread over hurdle
15.81%