185.1
RevenueNT$M
150.1
149.8
152.7
153.9
156.7
161.7
162.9
167.7
174.1
178.4
200.4
2.62%
2.07%
36
16.91
Revenue growth%
28.63
30.63
28.98
28.13
26.75
25.62
24.20
21.75
19.27
20.79
22.48
21.75
26.19
62
2.23
Gross margin%
12.80
13.82
11.90
9.91
10.65
12.37
10.84
8.39
5.70
4.74
8.41
8.39
10.74
12
29.36
Operating margin%
19.52
16.97
18.68
16.07
13.79
12.96
15.85
15.44
16.05
15.54
17.34
15.54
15.95
32
2.89
Net margin%
4.28
5.83
5.26
5.13
6.12
9.10
6.84
7.50
5.39
2.87
24.65
6.84
5.61
75
30.14
P/E ratio (avg)x
26.55
24.22
23.19
20.40
18.84
17.58
17.74
18.95
19.98
19.28
29.94
18.95
19.63
7
16.69
EV/EBITx
22.15
21.41
19.27
19.62
20.44
20.30
19.14
20.05
21.16
22.37
15.97
20.30
20.37
65
18.82
FCF yield (avg)%
10.85
11.71
11.12
11.87
12.38
9.53
10.78
13.69
13.64
12.19
7.50
12.19
11.79
71
27.08
FCF margin%
6.78
9.27
10.11
8.19
8.13
8.00
9.75
12.36
11.12
9.90
2.41
9.90
9.51
54
1.358
FCF / Net incomex
0.412
0.367
0.384
0.402
0.398
0.435
0.386
0.376
0.346
0.343
1.794
0.376
0.385
90
17.84
ROIC%
30.33
29.68
29.44
28.28
29.01
31.71
28.93
29.20
29.85
26.94
14.41
29.20
29.32
46
8.58
Return on equity%
6.46
4.41
6.48
8.12
5.23
2.41
0.40
3.32
5.41
5.22
22.16
3.32
5.23
51
10.52
Return on assets%
30.68
31.52
30.26
28.56
31.21
30.84
28.94
31.75
30.44
31.31
2.70
30.84
30.76
9
0.37
EPSNT$
1.45
1.42
1.50
1.55
1.61
1.76
1.72
1.80
2.10
2.32
0.38
7.56%
5.96%
—
6.92
EPS growth%
10.14
11.38
8.63
8.91
6.35
6.52
6.37
7.74
5.00
7.96
20.02
6.52
7.85
94
0.45
Bookvalue per shNT$
1.75
1.87
1.83
1.92
1.96
2.29
2.38
2.40
2.84
3.16
0.66
10.08%
7.03%
—
1.10
FCF per shareNT$
0.68
0.74
0.68
0.69
0.70
0.78
0.72
0.82
0.89
0.88
0.48
4.65%
2.18%
—
0.48
Dividend per shNT$
0.35
0.32
0.29
0.27
0.26
0.23
0.22
0.20
0.18
0.18
0.56
(7.41%)
(7.26%)
—
22.73
Div yield (avg)%
6.61
9.34
10.59
9.67
9.93
8.06
5.21
2.60
1.23
3.58
17.26
3.58
7.33
58
8.63
Payout ratio%
21.18
21.56
23.43
25.64
27.56
29.96
27.27
28.92
30.11
32.96
19.82
29.96
27.42
45
177.2
Shares (diluted)M
236.0
255.6
302.6
317.1
334.7
351.1
343.4
404.3
433.9
499.9
168.9
8.36%
7.40%
64
2.57
Buyback yield%
10.73
12.08
12.69
13.19
10.30
10.49
11.77
14.63
17.09
19.59
25.98
14.63
12.38
44
0.674
D/E ratiox
1.653
1.646
1.703
1.844
2.044
1.959
2.218
2.318
2.349
2.411
1.258
2.318
2.002
43
52.25
Enterprise valueNT$M
91.03
87.75
100.6
96.47
105.1
106.6
114.2
125.1
135.6
142.6
182.6
6.29%
5.91%
66
141.4
LT debtNT$M
89.49
89.08
83.40
83.23
87.20
93.10
99.19
87.57
78.30
81.28
76.71
(1.40%)
(1.98%)
91
Cost of revenue
1.73%
0.97×
Operating expenses
2.76%
1.07×
Cash and investments
16.72%
Spread over hurdle
31.22%