507.2
RevenueNT$M
307.7
326.3
347.4
375.7
400.7
438.5
480.7
527.3
576.8
623.8
548.2
9.26%
8.32%
57
15.82
Revenue growth%
3.69
0.90
0.40
0.40
1.15
0.40
0.40
2.36
3.14
4.55
6.97
2.36
1.02
32
3.27
Gross margin%
24.50
22.32
23.22
20.79
22.71
25.38
23.49
22.19
20.62
18.12
24.63
22.19
22.51
93
6.90
Operating margin%
29.11
31.10
32.54
35.53
33.32
35.87
33.86
32.38
34.11
31.32
28.51
33.86
32.93
57
5.37
Net margin%
3.18
1.02
3.67
3.87
1.92
3.04
1.19
2.35
4.21
2.17
9.53
2.35
2.70
54
32.27
P/E ratio (avg)x
7.098
7.652
7.870
7.611
6.578
6.905
7.325
6.407
6.867
6.259
14.97
6.867
7.001
57
21.09
EV/EBITx
15.68
17.11
14.92
16.01
17.63
19.51
18.86
20.01
18.77
19.79
18.53
19.51
18.20
49
15.54
FCF yield (avg)%
11.10
12.43
14.33
15.40
17.11
19.76
18.70
20.84
22.79
22.24
15.91
20.84
17.90
58
6.14
FCF margin%
0.40
0.40
0.40
2.51
3.33
3.84
2.86
3.24
1.35
3.74
7.68
3.24
2.68
13
0.453
FCF / Net incomex
1.051
0.915
0.976
0.880
0.930
0.913
0.929
0.827
0.882
0.845
0.239
0.882
0.914
52
3.77
ROIC%
18.88
16.45
14.76
12.53
13.70
12.10
13.42
13.80
11.95
10.51
4.18
12.10
13.56
47
19.53
Return on equity%
25.82
27.14
28.60
28.17
30.14
33.13
32.12
33.81
35.78
35.48
28.27
33.81
31.13
78
19.64
Return on assets%
13.69
15.76
16.17
18.78
18.94
17.75
17.13
16.70
19.56
22.30
21.64
17.75
17.44
11
4.93
EPSNT$
5.95
6.31
6.92
7.58
8.69
10.16
12.15
12.75
15.03
14.90
5.09
11.39%
10.82%
—
4.80
EPS growth%
9.39
11.11
12.19
10.65
12.01
10.16
8.74
8.02
10.15
10.87
13.98
10.15
10.41
62
5.64
Bookvalue per shNT$
6.96
7.12
7.84
8.95
8.75
9.64
10.28
11.74
12.67
12.93
4.60
8.11%
7.79%
—
2.27
FCF per shareNT$
4.81
5.69
6.05
7.05
7.84
7.87
8.39
9.12
9.67
11.12
4.44
7.24%
9.13%
—
1.35
Dividend per shNT$
3.71
3.71
3.29
3.01
2.76
2.44
2.21
2.10
1.97
1.80
6.29
(8.19%)
(7.31%)
—
18.73
Div yield (avg)%
22.50
21.62
19.62
20.46
18.27
17.33
18.85
16.37
15.79
13.60
6.30
16.37
18.56
78
20.65
Payout ratio%
21.32
21.17
20.92
21.80
22.23
24.24
25.68
26.62
27.96
28.69
22.09
26.62
23.23
8
83.28
Shares (diluted)M
161.3
152.8
174.5
200.6
220.2
236.1
265.9
286.7
315.7
339.0
87.38
9.01%
9.24%
91
13.63
Buyback yield%
11.27
14.04
14.24
14.71
14.93
13.69
13.52
14.43
15.82
15.82
20.73
14.43
14.33
55
1.620
D/E ratiox
0.154
0.157
0.161
0.174
0.179
0.188
0.210
0.220
0.252
0.256
1.518
0.220
0.184
84
359.5
Enterprise valueNT$M
217.7
248.3
267.5
261.4
251.2
278.2
312.6
327.6
320.2
316.9
283.8
4.75%
3.11%
91
0.233
LT debtNT$B
0.756
0.750
0.904
0.915
0.906
0.968
1.162
1.211
1.183
1.400
0.181
9.11%
8.42%
87
Cost of revenue
8.54%
1.02×
Operating expenses
7.53%
0.93×
Cash and investments
20.06%
Property and equipment
16.79%
Return on capital
124.85%
Spread over hurdle
121.08%