220.7
RevenueNT$M
274.2
285.3
307.9
330.5
351.5
382.3
404.3
433.0
452.9
474.7
236.8
6.19%
6.37%
77
23.33
Revenue growth%
5.05
7.71
9.96
12.81
12.64
10.51
11.59
14.49
16.66
18.84
17.26
14.49
12.12
15
10.82
Gross margin%
7.19
9.62
9.12
6.38
8.22
10.95
13.08
13.14
15.24
14.46
4.44
13.14
10.29
54
8.43
Operating margin%
22.45
24.87
22.91
21.05
21.64
20.47
23.30
20.41
17.76
18.37
19.45
20.41
21.34
85
27.83
Net margin%
21.21
21.93
22.39
25.09
24.97
24.62
23.29
20.37
21.51
22.16
14.38
22.16
22.28
84
7.652
P/E ratio (avg)x
32.24
36.09
39.91
40.88
39.83
41.29
39.26
36.17
37.05
42.68
16.00
39.26
39.54
27
28.02
EV/EBITx
22.48
22.35
24.24
23.60
25.00
23.13
24.85
25.84
28.23
28.69
11.50
25.84
24.55
48
18.63
FCF yield (avg)%
21.43
18.87
20.32
20.65
20.91
18.67
21.41
23.49
24.98
23.19
8.30
23.19
21.16
42
29.48
FCF margin%
16.27
15.23
15.12
17.63
14.78
15.76
16.99
19.00
19.28
19.49
14.50
19.00
16.63
57
1.621
FCF / Net incomex
0.351
0.378
0.381
0.382
0.413
0.454
0.440
0.469
0.554
0.554
1.488
0.469
0.427
33
12.69
ROIC%
20.66
18.05
17.87
16.36
19.13
18.39
21.06
19.90
21.37
21.69
15.44
21.06
19.51
73
5.18
Return on equity%
17.92
17.31
14.71
17.03
17.66
15.09
17.22
19.49
19.81
21.70
27.18
19.49
17.49
60
25.86
Return on assets%
16.33
18.04
18.06
20.06
22.19
19.95
22.83
24.98
22.50
24.01
13.43
22.83
21.13
55
0.91
EPSNT$
1.60
1.61
1.69
1.70
1.76
1.85
2.06
2.15
2.56
2.55
0.93
7.75%
5.58%
—
26.21
EPS growth%
22.34
21.27
23.10
20.49
22.41
19.80
21.68
22.22
23.94
21.76
6.01
21.76
21.99
37
1.55
Bookvalue per shNT$
0.70
0.65
0.73
0.73
0.72
0.78
0.72
0.81
0.83
0.88
1.08
3.88%
3.15%
—
2.32
FCF per shareNT$
1.63
1.82
2.00
2.06
2.08
2.26
2.34
2.30
2.28
2.59
1.95
4.47%
4.02%
—
1.00
Dividend per shNT$
1.01
1.07
1.11
1.08
1.14
1.23
1.39
1.58
1.76
1.63
0.51
7.36%
5.61%
—
19.06
Div yield (avg)%
3.02
2.49
0.80
2.15
1.73
2.01
3.40
5.55
8.09
8.21
9.93
5.55
2.76
70
11.38
Payout ratio%
17.67
20.37
22.28
19.73
16.82
19.69
21.18
21.86
24.80
26.41
9.51
21.86
20.77
83
60.88
Shares (diluted)M
60.27
58.90
50.21
53.37
46.35
48.76
47.27
46.36
49.09
50.78
59.08
1.84%
(2.20%)
17
29.57
Buyback yield%
12.79
12.50
14.47
15.79
15.64
17.51
16.66
16.67
15.58
16.94
16.88
16.67
15.71
61
0.378
D/E ratiox
1.973
2.312
2.601
2.753
2.957
3.178
3.173
3.157
3.699
3.706
1.071
3.178
3.057
60
312.6
Enterprise valueNT$M
155.4
150.6
149.3
136.3
137.7
141.4
146.0
149.1
150.9
143.2
205.9
0.79%
(0.09%)
67
18.37
LT debtNT$M
289.6
316.6
344.4
361.9
363.2
326.5
355.9
372.2
404.8
386.2
18.59
1.23%
2.06%
60
Cost of revenue
6.55%
1.02×
Operating expenses
5.95%
0.96×
Spread over hurdle
47.77%