354.3
RevenueNT$M
200.3
211.7
222.4
238.5
258.5
274.3
285.9
303.6
320.2
333.0
365.2
5.19%
5.89%
53
12.23
Revenue growth%
4.97
4.85
5.16
2.52
0.51
0.40
0.40
0.40
2.61
4.72
5.81
0.40
2.57
30
11.87
Gross margin%
18.66
16.58
15.82
17.78
15.47
14.36
12.23
11.35
10.78
10.18
6.99
11.35
14.92
92
25.14
Operating margin%
28.68
30.65
33.64
31.18
30.56
27.97
30.59
28.64
31.36
31.30
9.89
30.59
30.62
17
22.02
Net margin%
23.71
25.33
26.64
24.25
25.58
24.47
22.92
21.14
19.30
17.30
13.17
21.14
23.98
16
32.11
P/E ratio (avg)x
19.54
19.10
18.18
20.09
20.53
18.47
18.06
17.33
17.28
15.75
20.39
17.33
18.33
63
36.37
EV/EBITx
20.84
20.85
20.88
19.42
17.33
14.91
12.97
12.78
11.93
11.25
26.78
12.78
16.12
14
12.29
FCF yield (avg)%
28.91
28.26
27.88
30.18
32.57
35.26
36.08
37.99
35.58
37.34
24.27
36.08
33.92
58
4.51
FCF margin%
11.03
10.35
9.77
8.38
10.41
9.45
8.87
6.69
6.55
4.25
23.58
6.69
9.16
89
0.636
FCF / Net incomex
2.021
1.756
1.572
1.509
1.408
1.323
1.288
1.257
1.129
1.176
0.672
1.257
1.366
66
24.24
ROIC%
2.24
4.49
5.98
8.47
6.11
8.90
10.42
8.21
6.70
6.76
7.03
8.21
6.73
15
17.03
Return on equity%
0.52
3.24
5.66
5.74
3.24
5.48
2.78
2.78
2.69
1.27
29.23
2.78
3.01
63
24.70
Return on assets%
2.28
2.92
2.12
0.40
0.40
1.35
3.67
1.57
0.40
2.60
16.24
1.57
1.85
26
0.31
EPSNT$
0.24
0.23
0.23
0.24
0.24
0.25
0.22
0.23
0.24
0.25
0.33
0.50%
(0.39%)
—
4.56
EPS growth%
20.72
22.31
22.76
22.36
20.24
23.14
24.85
24.81
25.85
28.77
16.27
24.85
22.95
90
0.67
Bookvalue per shNT$
1.01
1.04
0.89
0.86
0.88
0.89
0.81
0.72
0.71
0.69
0.44
(4.55%)
(4.27%)
—
0.20
FCF per shareNT$
0.92
0.93
0.84
0.76
0.67
0.59
0.54
0.55
0.58
0.60
0.64
(2.26%)
(5.50%)
—
0.32
Dividend per shNT$
1.11
1.21
1.10
1.07
1.13
1.18
1.18
1.06
0.99
0.88
0.87
(4.82%)
(1.78%)
—
28.01
Div yield (avg)%
28.69
27.76
28.57
26.02
24.46
26.04
24.15
24.90
25.67
24.84
4.59
24.90
25.85
51
6.82
Payout ratio%
9.29
10.94
9.23
6.87
6.54
8.90
7.54
10.29
11.30
14.20
19.31
10.29
9.26
89
193.2
Shares (diluted)M
187.3
191.7
210.7
203.7
190.0
172.0
167.4
174.3
161.2
147.5
200.8
(4.94%)
(1.74%)
41
26.80
Buyback yield%
13.29
15.41
16.92
19.42
20.16
19.28
17.24
19.32
19.87
20.23
25.15
19.32
19.30
14
0.627
D/E ratiox
1.209
1.184
1.105
1.236
1.136
1.065
0.958
0.883
0.908
1.016
1.342
0.958
1.085
82
443.4
Enterprise valueNT$M
78.00
74.06
80.37
90.49
93.38
91.65
91.37
86.46
88.87
83.98
214.9
(2.10%)
(0.01%)
63
330.6
LT debtNT$M
224.4
242.7
263.3
287.2
317.5
306.5
307.7
279.0
266.4
266.5
149.5
(3.44%)
0.54%
81
Cost of revenue
5.58%
0.97×
Operating expenses
7.21%
1.13×
Spread over hurdle
30.07%