767.3
RevenueNT$M
497.1
538.2
577.7
609.1
641.5
690.3
718.8
763.5
817.4
859.9
807.0
6.04%
6.15%
79
20.33
Revenue growth%
26.28
29.18
27.00
27.72
29.99
32.61
32.26
29.27
29.87
32.20
23.58
32.20
29.57
16
6.88
Gross margin%
10.88
9.75
10.67
12.44
12.78
13.30
10.61
10.65
9.44
10.87
21.36
10.65
10.77
94
20.79
Operating margin%
24.06
26.87
26.99
25.96
26.96
27.08
24.58
25.96
24.58
26.59
21.53
25.96
26.28
55
20.53
Net margin%
26.80
27.28
27.07
29.55
31.58
33.58
34.54
32.43
30.41
30.16
24.72
32.43
30.28
87
11.64
P/E ratio (avg)x
43.62
44.13
45.96
44.29
51.80
49.88
52.92
60.44
67.98
67.80
9.850
60.44
50.84
24
8.979
EV/EBITx
33.80
34.20
40.17
46.34
50.74
48.87
55.90
66.44
66.50
74.13
25.47
66.44
49.81
90
5.00
FCF yield (avg)%
30.91
28.16
30.52
32.39
34.98
37.66
34.78
35.58
34.53
33.23
29.80
34.78
33.88
73
15.88
FCF margin%
21.83
19.61
17.48
15.39
14.18
13.42
11.80
9.81
8.29
7.52
29.71
9.81
13.80
73
0.617
FCF / Net incomex
1.247
1.130
1.021
1.114
1.169
1.184
1.093
1.237
1.384
1.443
1.722
1.237
1.176
57
13.94
ROIC%
25.31
25.19
28.04
30.95
28.19
29.99
28.95
27.32
27.44
25.03
18.80
27.44
27.74
21
10.26
Return on equity%
34.28
36.67
33.91
33.98
35.43
32.97
32.26
29.65
26.84
29.07
23.71
29.65
33.44
88
4.16
Return on assets%
12.90
14.39
13.98
14.06
14.13
14.80
17.74
20.64
18.36
17.72
22.94
17.74
14.60
83
0.95
EPSNT$
0.28
0.29
0.28
0.27
0.27
0.29
0.25
0.27
0.25
0.22
0.98
(3.78%)
(2.97%)
—
9.97
EPS growth%
21.50
22.91
21.47
22.49
19.77
19.82
19.27
21.31
24.18
23.81
18.70
21.31
21.49
56
1.82
Bookvalue per shNT$
0.33
0.32
0.33
0.30
0.26
0.26
0.22
0.22
0.21
0.20
1.11
(4.70%)
(5.59%)
—
1.89
FCF per shareNT$
1.57
1.60
1.91
2.20
2.45
2.36
2.39
2.80
3.26
3.72
1.26
8.71%
9.46%
—
0.39
Dividend per shNT$
1.15
1.22
1.22
1.41
1.59
1.68
1.89
2.03
2.38
2.77
1.31
11.70%
8.60%
—
23.19
Div yield (avg)%
19.98
21.86
21.42
23.14
23.75
21.85
19.35
19.79
20.13
22.06
20.87
20.13
21.63
80
10.13
Payout ratio%
23.20
21.13
19.05
17.84
20.33
21.13
23.27
22.43
23.35
22.15
28.22
22.43
21.64
76
217.3
Shares (diluted)M
205.1
177.1
176.1
159.9
148.6
141.9
147.3
129.9
118.8
126.0
223.3
(3.24%)
(5.58%)
9
12.92
Buyback yield%
13.45
13.91
13.38
14.33
16.19
14.51
13.39
14.02
14.60
14.81
3.95
14.51
14.17
56
0.408
D/E ratiox
0.149
0.155
0.175
0.187
0.213
0.236
0.238
0.219
0.232
0.225
1.599
0.232
0.216
67
0.313
Enterprise valueNT$B
1.173
1.278
1.207
1.272
1.488
1.454
1.695
1.818
1.723
1.748
0.976
3.27%
5.13%
42
0.931
LT debtNT$B
0.571
0.667
0.712
0.802
0.946
1.038
1.002
1.023
1.212
1.283
0.920
6.28%
9.41%
10
Cost of revenue
5.92%
0.98×
Operating expenses
5.93%
0.98×
Cash and investments
18.83%
Spread over hurdle
15.55%