490.1
RevenueNT$M
740.3
759.0
755.3
765.4
763.0
754.2
777.2
772.9
790.4
805.8
504.1
1.10%
0.92%
48
9.76
Revenue growth%
20.47
20.14
18.49
19.08
20.83
22.24
20.90
20.55
17.57
19.39
26.30
20.55
20.31
6
28.56
Gross margin%
18.36
19.99
20.65
20.32
21.13
20.99
20.53
21.31
18.51
21.12
3.98
20.99
20.59
55
14.29
Operating margin%
31.56
30.47
31.35
32.10
29.22
31.34
32.17
29.56
29.96
30.02
27.45
30.02
30.90
13
16.94
Net margin%
17.87
17.65
15.86
16.23
16.85
15.15
16.80
19.56
21.45
21.23
8.62
19.56
17.25
84
26.98
P/E ratio (avg)x
16.71
15.33
17.07
15.59
15.16
16.32
16.53
18.53
20.15
19.71
35.87
18.53
16.62
42
13.88
EV/EBITx
34.75
35.27
40.31
37.26
36.98
41.27
45.35
42.68
45.62
48.10
22.05
45.35
40.79
28
14.87
FCF yield (avg)%
29.43
29.36
30.05
28.03
28.30
28.34
29.23
29.24
30.89
30.54
8.70
29.24
29.30
83
29.28
FCF margin%
19.03
19.73
21.46
21.25
20.95
21.59
21.58
20.30
21.74
18.83
22.29
21.58
21.10
74
1.052
FCF / Net incomex
0.373
0.414
0.415
0.414
0.403
0.392
0.454
0.438
0.474
0.437
1.414
0.438
0.414
78
7.21
ROIC%
0.40
0.40
1.85
0.53
0.40
3.19
5.00
4.45
3.59
1.43
8.11
3.59
1.64
52
17.95
Return on equity%
1.61
2.55
4.37
5.84
8.01
8.82
10.90
12.12
11.11
8.13
20.32
10.90
8.07
50
23.47
Return on assets%
19.05
20.22
22.86
22.59
22.92
20.14
22.89
22.48
25.25
23.75
10.06
22.89
22.72
63
0.73
EPSNT$
2.23
2.33
2.57
2.63
2.82
2.73
2.76
2.87
3.09
3.04
0.77
1.53%
3.26%
—
18.49
EPS growth%
24.41
22.43
25.35
22.77
21.89
19.21
19.16
17.43
19.82
18.75
18.95
19.16
20.85
54
0.49
Bookvalue per shNT$
1.16
1.16
1.32
1.45
1.63
1.54
1.59
1.72
1.91
2.11
2.93
5.26%
5.76%
—
1.28
FCF per shareNT$
3.73
4.29
4.86
5.01
5.16
6.19
7.12
8.57
9.29
10.95
0.80
16.22%
12.79%
—
0.45
Dividend per shNT$
2.30
2.34
2.07
1.81
1.74
1.63
1.64
1.60
1.46
1.42
1.12
(3.99%)
(5.66%)
—
2.68
Div yield (avg)%
19.38
20.84
21.36
22.62
21.75
20.45
20.47
20.09
20.01
21.32
15.96
20.45
20.65
60
7.27
Payout ratio%
26.55
24.71
24.62
25.61
24.49
23.18
22.94
20.57
20.45
22.24
18.82
22.24
23.83
45
97.80
Shares (diluted)M
127.3
131.4
122.4
115.0
122.8
121.7
135.4
132.6
140.3
133.7
95.53
1.72%
1.22%
23
19.49
Buyback yield%
11.87
14.00
15.84
18.28
17.47
18.14
17.12
15.75
13.71
15.26
21.84
15.75
15.80
24
0.225
D/E ratiox
2.613
2.838
2.818
3.157
3.249
3.769
4.138
4.615
5.015
5.095
0.248
4.615
3.509
39
366.1
Enterprise valueNT$M
261.6
263.3
272.1
276.1
265.2
311.9
372.5
390.9
451.8
505.0
365.9
13.75%
6.96%
56
138.5
LT debtNT$M
45.66
47.93
45.75
46.66
50.75
48.90
43.67
39.90
44.66
42.94
131.1
(3.29%)
(0.62%)
57
Cost of revenue
0.92%
1.00×
Operating expenses
0.64%
0.97×
Spread over hurdle
(1.50%)