654.2
RevenueNT$M
441.4
473.9
507.5
541.4
572.7
611.9
655.6
720.9
769.7
830.8
671.9
7.72%
7.55%
87
4.16
Revenue growth%
23.82
21.25
18.65
17.62
19.69
19.69
19.00
18.51
17.45
16.26
2.28
18.51
18.82
34
19.87
Gross margin%
16.03
18.80
17.46
14.53
15.04
13.54
13.97
11.28
11.24
11.72
19.16
11.72
14.25
53
7.23
Operating margin%
6.05
7.25
6.05
8.03
6.38
4.10
5.84
3.10
3.81
0.86
6.15
3.81
5.94
67
3.00
Net margin%
21.38
20.07
17.50
15.63
15.12
13.34
13.12
11.11
10.34
10.38
11.83
11.11
14.23
15
11.47
P/E ratio (avg)x
8.386
7.762
7.012
7.039
7.263
7.665
7.284
7.415
7.830
8.263
37.05
7.665
7.540
71
17.78
EV/EBITx
11.16
10.34
10.62
12.20
12.50
13.69
14.59
16.14
16.04
16.05
34.73
16.04
13.10
25
3.28
FCF yield (avg)%
26.06
25.77
23.73
22.92
23.82
22.04
22.83
22.16
22.81
23.96
14.71
22.81
23.33
61
16.09
FCF margin%
26.55
27.02
29.51
32.25
34.56
36.73
33.84
33.85
31.66
30.59
17.72
33.84
31.95
86
0.903
FCF / Net incomex
0.268
0.317
0.308
0.326
0.350
0.395
0.411
0.441
0.527
0.622
0.753
0.441
0.372
62
19.93
ROIC%
27.10
25.65
24.69
26.16
27.76
27.97
27.34
28.98
31.01
30.78
5.47
28.98
27.55
75
7.32
Return on equity%
26.12
26.83
24.76
24.95
22.08
22.04
22.46
20.08
18.44
16.94
4.94
20.08
22.27
94
18.41
Return on assets%
10.90
12.39
10.17
7.51
5.00
6.02
6.13
8.13
8.69
5.91
24.22
6.13
7.82
56
5.37
EPSNT$
7.08
6.82
6.54
6.13
6.20
6.90
7.48
8.05
8.98
8.47
5.56
6.44%
1.24%
—
11.95
EPS growth%
18.36
19.64
21.52
22.01
22.78
21.78
18.97
20.35
23.27
22.16
24.81
21.78
21.65
45
3.87
Bookvalue per shNT$
1.92
2.13
2.47
2.35
2.64
2.50
2.69
2.88
2.73
3.07
1.48
3.08%
5.72%
—
2.05
FCF per shareNT$
5.20
5.75
6.21
6.79
6.73
6.55
7.24
7.80
8.33
8.17
6.70
3.96%
5.04%
—
5.94
Dividend per shNT$
3.88
3.48
3.14
3.33
3.33
3.61
3.99
4.34
4.81
4.43
2.34
5.86%
1.59%
—
7.68
Div yield (avg)%
36.49
38.61
41.51
41.86
39.37
39.72
39.63
41.96
41.75
40.19
19.53
40.19
39.96
65
18.99
Payout ratio%
15.57
12.62
11.91
14.36
13.37
14.01
11.19
8.86
11.27
12.72
29.23
11.27
12.67
14
76.00
Shares (diluted)M
64.65
57.51
49.72
45.10
39.11
37.92
37.69
32.16
35.00
36.61
75.16
(1.31%)
(5.68%)
66
14.40
Buyback yield%
19.37
19.08
18.93
20.48
21.40
20.99
18.68
16.69
17.48
15.17
17.40
17.48
19.00
50
1.191
D/E ratiox
2.476
2.929
2.987
3.485
3.617
4.209
4.704
4.590
5.205
6.011
0.901
4.704
3.913
23
0.845
Enterprise valueNT$B
1.078
1.183
1.217
1.385
1.263
1.318
1.388
1.470
1.588
1.777
0.478
7.06%
4.40%
55
349.2
LT debtNT$M
962.2
919.8
989.9
874.0
799.3
768.4
653.0
701.9
659.0
710.8
554.3
(2.32%)
(2.46%)
53
Cost of revenue
7.41%
0.99×
Operating expenses
7.69%
1.01×
Cash and investments
18.38%
Property and equipment
15.18%
Spread over hurdle
(5.58%)