28.18
RevenueNT$B
22.98
23.92
24.66
26.06
26.94
28.20
29.99
31.79
33.80
35.73
28.79
5.81%
5.01%
28
4.91
Revenue growth%
10.62
13.58
14.49
14.77
17.46
14.90
15.98
16.59
16.41
16.41
28.52
16.41
15.44
74
4.34
Gross margin%
3.14
4.52
2.41
5.33
6.50
6.53
4.20
4.88
6.29
7.49
16.65
6.29
5.11
50
23.42
Operating margin%
27.01
24.46
25.38
23.44
21.95
23.89
25.02
26.03
25.19
23.38
6.82
25.02
24.74
67
4.98
Net margin%
12.20
10.97
11.27
9.34
8.14
7.58
9.53
7.23
5.56
4.52
9.62
7.23
8.74
84
6.108
P/E ratio (avg)x
19.00
21.88
22.35
23.71
25.50
25.32
26.98
30.11
31.06
35.77
34.25
30.11
25.41
71
10.76
EV/EBITx
20.64
21.06
20.50
18.03
17.33
18.16
18.30
17.61
18.68
20.41
32.44
18.30
18.49
53
13.79
FCF yield (avg)%
5.42
5.16
4.57
5.48
3.82
2.43
1.54
0.40
1.43
2.49
8.22
1.54
3.16
23
10.72
FCF margin%
1.26
0.40
2.87
4.45
4.13
6.00
7.33
8.26
6.68
7.62
4.79
7.33
5.23
20
1.628
FCF / Net incomex
1.412
1.553
1.758
1.707
1.797
1.700
1.783
1.843
1.931
1.891
0.369
1.843
1.770
16
10.24
ROIC%
10.79
12.65
11.69
12.64
9.93
9.59
11.91
11.94
9.50
8.53
11.95
9.59
11.24
58
5.45
Return on equity%
11.47
11.00
8.74
5.74
5.88
8.73
10.01
11.26
8.88
7.26
25.74
8.88
8.81
54
10.14
Return on assets%
23.88
22.90
20.05
17.13
19.20
19.33
17.88
17.62
14.81
11.83
29.38
17.62
18.54
43
12.11
EPSNT$
27.72
29.49
31.39
36.31
36.58
41.17
46.51
52.63
59.38
67.07
13.04
12.89%
10.36%
—
3.13
EPS growth%
0.40
0.40
1.98
3.35
1.54
2.93
3.66
3.95
1.96
2.13
4.09
2.93
2.05
78
7.71
Bookvalue per shNT$
20.26
21.83
18.88
18.02
18.58
18.88
17.26
17.45
15.29
13.28
25.39
(6.50%)
(4.62%)
—
15.40
FCF per shareNT$
48.97
55.01
65.73
66.91
76.41
86.61
94.32
94.20
94.67
103.17
22.74
6.19%
9.19%
—
30.24
Dividend per shNT$
28.82
29.52
30.87
36.22
40.81
39.35
41.13
44.82
48.83
54.17
23.17
5.83%
6.84%
—
21.75
Div yield (avg)%
3.56
5.31
2.77
1.87
2.54
3.88
4.52
5.43
3.02
5.03
3.03
4.52
3.72
66
17.96
Payout ratio%
10.89
9.50
8.14
10.09
10.86
9.28
6.61
8.56
10.50
7.84
21.56
8.56
9.39
10
0.354
Shares (diluted)B
0.503
0.591
0.677
0.776
0.933
0.969
1.017
1.092
1.282
1.504
0.362
10.01%
11.51%
18
16.59
Buyback yield%
2.13
3.88
3.14
2.11
0.40
0.40
0.40
0.40
0.94
1.70
4.37
0.40
1.32
48
1.549
D/E ratiox
0.597
0.570
0.557
0.595
0.607
0.554
0.538
0.525
0.468
0.500
0.652
0.525
0.555
59
14.71
Enterprise valueNT$B
50.83
51.58
62.19
68.43
80.22
83.09
87.77
92.06
95.31
112.4
30.65
6.97%
8.03%
86
33.68
LT debtNT$B
49.71
54.76
55.66
61.32
66.56
78.87
92.08
89.41
89.67
90.15
10.57
6.25%
5.87%
16
Cost of revenue
5.01%
1.00×
Operating expenses
4.92%
0.99×
Property and equipment
15.82%
Spread over hurdle
(6.78%)