398.0
RevenueNT$M
691.3
723.1
756.9
774.1
789.3
812.4
862.4
880.8
924.8
955.2
414.5
3.89%
3.63%
88
3.67
Revenue growth%
10.10
7.27
7.77
7.23
7.25
4.45
5.88
4.11
4.95
3.17
20.68
4.45
6.55
26
22.99
Gross margin%
0.40
0.40
0.40
0.90
3.37
4.86
3.90
6.51
5.50
7.28
25.70
5.50
3.64
57
17.34
Operating margin%
17.08
18.55
19.23
21.48
22.15
23.03
21.45
18.54
19.93
20.79
23.51
20.79
20.36
41
5.47
Net margin%
25.58
26.49
25.16
26.28
27.02
27.96
26.54
27.97
26.11
24.36
17.41
26.54
26.39
25
7.098
P/E ratio (avg)x
36.11
40.18
48.37
57.40
58.81
65.76
69.55
70.60
71.30
73.02
17.95
70.60
62.28
82
23.18
EV/EBITx
35.73
37.44
34.98
36.90
39.14
39.52
45.17
52.47
61.41
66.72
8.747
52.47
39.33
71
28.13
FCF yield (avg)%
11.39
11.88
12.48
14.74
15.23
14.85
13.14
12.48
14.99
14.81
9.46
14.81
13.94
5
21.94
FCF margin%
23.11
20.51
20.20
20.40
19.25
17.88
18.03
18.95
17.77
20.48
17.35
18.03
19.73
89
0.345
FCF / Net incomex
1.483
1.561
1.719
1.793
1.915
1.967
2.313
2.586
2.636
3.000
0.554
2.586
1.941
59
9.61
ROIC%
26.36
26.25
24.02
22.70
25.44
27.90
29.41
31.65
34.46
36.41
29.04
31.65
27.13
55
13.81
Return on equity%
20.25
22.87
20.77
18.52
16.53
18.93
19.81
20.25
22.99
25.45
15.75
20.25
20.25
48
10.23
Return on assets%
16.14
15.61
17.69
19.92
18.35
18.50
17.09
17.71
18.84
21.22
26.72
18.50
18.03
63
1.36
EPSNT$
2.25
1.99
1.98
2.17
2.16
2.05
2.25
2.02
2.08
1.88
1.50
(2.67%)
(1.66%)
—
14.57
EPS growth%
4.76
6.44
4.56
7.23
9.13
7.10
5.38
6.51
9.11
8.11
7.04
7.10
6.80
60
2.05
Bookvalue per shNT$
1.17
1.23
1.33
1.33
1.40
1.42
1.55
1.58
1.45
1.44
2.42
0.49%
2.15%
—
0.64
FCF per shareNT$
2.53
2.32
2.27
2.21
2.44
2.34
2.42
2.28
2.02
1.80
3.41
(5.96%)
(2.78%)
—
0.93
Dividend per shNT$
1.38
1.44
1.56
1.72
1.75
2.05
2.06
2.22
2.31
2.32
2.07
5.85%
5.40%
—
6.27
Div yield (avg)%
21.71
23.37
22.46
23.03
25.62
23.24
20.67
19.45
20.24
18.84
8.45
20.24
22.08
86
18.63
Payout ratio%
16.38
13.93
11.27
8.84
7.11
9.22
11.61
11.95
14.12
12.39
16.82
11.95
11.78
16
83.35
Shares (diluted)M
143.9
166.0
194.8
229.6
245.4
280.5
333.1
342.1
351.5
371.3
84.05
8.63%
11.19%
30
18.75
Buyback yield%
6.26
9.02
8.73
8.92
7.77
8.18
7.54
7.27
5.52
3.41
19.70
7.27
7.66
34
0.636
D/E ratiox
0.511
0.477
0.554
0.627
0.675
0.645
0.656
0.709
0.795
0.834
1.068
0.709
0.651
79
1.130
Enterprise valueNT$B
0.789
0.908
1.029
1.165
1.154
1.215
1.328
1.368
1.337
1.314
1.202
2.63%
5.54%
75
0.167
LT debtNT$B
1.002
1.039
1.166
1.348
1.467
1.459
1.531
1.596
1.754
2.059
1.059
7.02%
7.14%
30
Cost of revenue
3.39%
0.98×
Operating expenses
4.09%
1.05×
Goodwill & intangibles
16.71%
Property and equipment
15.58%
Spread over hurdle
(6.85%)