408.8
RevenueNT$M
529.5
534.0
551.5
570.3
596.7
615.2
643.5
671.2
687.6
717.9
448.3
3.77%
3.33%
89
9.21
Revenue growth%
14.67
13.59
12.87
13.45
11.63
11.68
14.16
13.94
11.74
10.66
21.83
11.74
13.16
95
2.97
Gross margin%
23.98
22.17
21.56
18.58
18.82
17.78
18.05
18.31
18.99
21.92
21.64
18.31
18.91
38
29.64
Operating margin%
9.86
8.53
11.07
11.93
9.34
7.98
7.71
6.21
5.16
7.52
25.51
7.52
8.26
53
18.65
Net margin%
32.06
31.67
30.62
30.07
32.02
31.61
34.27
35.56
33.18
36.00
6.89
34.27
32.04
63
28.32
P/E ratio (avg)x
11.36
12.15
13.76
13.35
13.86
16.01
16.23
17.92
18.85
18.01
13.04
17.92
14.94
40
21.64
EV/EBITx
34.76
32.31
30.45
27.56
24.81
27.34
25.70
22.90
23.77
26.44
8.376
25.70
26.89
52
10.70
FCF yield (avg)%
16.58
17.03
17.48
20.21
20.67
21.40
22.27
21.60
24.48
25.59
21.20
22.27
21.04
94
26.40
FCF margin%
7.58
7.46
4.70
1.85
0.98
0.40
0.40
2.23
2.99
0.62
28.73
0.62
2.04
24
1.228
FCF / Net incomex
0.182
0.169
0.184
0.173
0.163
0.170
0.179
0.162
0.175
0.178
1.382
0.175
0.174
16
7.66
ROIC%
17.06
17.84
18.91
16.01
17.84
19.13
19.65
20.01
18.26
16.25
28.52
19.13
18.05
48
24.25
Return on equity%
28.64
31.36
28.46
30.83
28.59
29.64
26.74
27.35
25.11
26.54
26.79
26.74
28.52
64
9.67
Return on assets%
20.80
21.92
21.49
23.61
21.58
20.59
20.02
18.29
20.08
22.18
18.86
20.08
21.14
60
2.16
EPSNT$
1.74
2.03
2.10
2.42
2.74
3.17
3.34
3.40
3.79
4.24
2.24
9.14%
8.94%
—
20.53
EPS growth%
20.37
17.39
16.42
13.73
12.41
14.13
16.13
13.36
15.95
17.97
26.79
15.95
16.04
67
0.98
Bookvalue per shNT$
0.82
0.91
0.91
0.96
0.99
1.11
1.18
1.17
1.40
1.60
0.78
10.04%
7.69%
—
1.95
FCF per shareNT$
0.81
0.82
0.86
0.94
0.97
0.97
0.92
0.81
0.75
0.71
1.02
(5.96%)
(0.39%)
—
0.55
Dividend per shNT$
0.64
0.72
0.75
0.72
0.73
0.72
0.71
0.78
0.86
0.99
1.89
6.16%
3.74%
—
26.34
Div yield (avg)%
19.96
20.37
17.71
19.71
19.09
18.38
20.96
19.41
17.17
18.72
28.03
18.72
19.25
25
14.77
Payout ratio%
17.14
16.61
13.85
12.91
10.15
12.08
12.68
12.48
14.13
14.06
19.38
12.68
13.38
75
228.3
Shares (diluted)M
344.2
329.9
323.2
356.6
346.3
380.1
451.7
517.9
605.4
598.4
230.9
11.56%
6.36%
57
18.36
Buyback yield%
24.36
27.02
28.49
31.02
29.87
28.80
26.30
28.09
25.82
27.33
18.67
27.33
27.71
58
0.625
D/E ratiox
1.888
1.885
1.973
2.183
2.429
2.428
2.279
2.250
2.149
2.076
1.363
2.250
2.166
84
543.6
Enterprise valueNT$M
582.7
588.7
603.8
670.4
698.2
694.0
667.2
677.0
759.2
752.9
682.1
1.52%
3.63%
21
149.1
LT debtNT$M
120.3
116.7
137.3
154.2
154.3
164.6
173.8
203.8
205.9
232.3
835.0
8.53%
8.47%
58
Cost of revenue
3.02%
0.97×
Operating expenses
3.93%
1.06×
Goodwill & intangibles
15.14%
Spread over hurdle
43.06%