275.3
RevenueNT$M
173.1
186.3
197.3
205.0
215.6
222.6
236.1
251.2
266.2
286.2
291.2
5.83%
5.76%
59
21.84
Revenue growth%
26.74
25.48
25.25
22.53
20.30
20.69
18.87
16.69
14.93
12.24
14.21
16.69
20.49
16
18.74
Gross margin%
6.62
9.02
8.94
9.60
11.96
14.67
12.23
12.14
11.87
14.82
8.19
12.23
11.92
44
20.87
Operating margin%
9.06
9.65
10.63
11.03
11.42
13.58
14.52
11.63
13.85
13.65
4.35
13.65
11.52
76
22.42
Net margin%
0.40
1.46
0.40
1.02
0.40
0.40
3.25
0.87
1.08
3.57
3.64
1.08
0.95
67
29.48
P/E ratio (avg)x
23.98
20.74
19.53
19.54
19.06
16.62
14.47
13.80
12.97
11.62
20.44
13.80
17.84
71
26.26
EV/EBITx
22.96
21.03
20.82
18.12
17.03
16.54
16.29
16.92
17.92
15.66
21.08
16.54
17.48
90
12.60
FCF yield (avg)%
8.28
10.29
12.69
13.00
12.09
11.42
12.70
12.81
14.65
16.26
18.86
12.81
12.70
43
3.11
FCF margin%
20.70
19.26
20.56
22.88
22.48
21.59
24.21
22.95
22.92
20.99
2.03
22.92
22.04
30
1.155
FCF / Net incomex
0.839
0.841
0.882
1.017
1.127
1.192
1.284
1.502
1.684
1.878
0.792
1.502
1.160
88
16.38
ROIC%
19.90
19.85
19.05
18.21
19.62
19.11
21.75
20.71
22.29
24.78
19.94
21.75
19.88
74
12.38
Return on equity%
10.77
11.53
12.63
11.80
9.41
8.82
9.79
7.04
4.52
7.39
13.61
7.39
9.60
75
12.62
Return on assets%
7.32
4.90
3.76
3.70
5.84
8.43
8.13
5.46
8.34
10.81
20.08
8.34
6.58
59
0.83
EPSNT$
1.12
1.15
1.20
1.13
1.14
1.06
0.97
1.01
1.05
1.00
0.90
(2.45%)
(2.15%)
—
20.36
EPS growth%
22.58
21.51
23.45
25.62
25.80
26.90
26.81
25.54
24.23
24.85
11.32
25.54
25.19
93
1.38
Bookvalue per shNT$
0.60
0.55
0.49
0.48
0.48
0.48
0.45
0.46
0.50
0.54
0.28
2.19%
(1.54%)
—
0.95
FCF per shareNT$
1.17
1.22
1.22
1.36
1.24
1.28
1.21
1.13
1.22
1.23
1.37
(0.09%)
0.29%
—
1.25
Dividend per shNT$
1.67
1.89
2.05
2.38
2.53
2.68
2.97
3.32
3.55
3.61
0.82
7.34%
9.84%
—
21.90
Div yield (avg)%
16.53
15.78
16.34
14.83
13.18
10.62
11.77
10.60
11.22
11.51
20.04
11.22
12.48
14
11.93
Payout ratio%
29.87
32.55
29.69
28.55
27.73
25.88
27.50
27.19
26.99
28.84
19.60
27.19
28.14
47
81.85
Shares (diluted)M
66.11
59.98
57.63
62.00
70.40
65.01
71.88
71.55
80.96
74.42
78.20
1.12%
0.19%
16
24.95
Buyback yield%
23.66
21.13
22.55
20.37
17.51
15.80
13.85
13.99
14.31
16.12
27.10
14.31
16.81
75
1.796
D/E ratiox
0.123
0.140
0.136
0.137
0.154
0.182
0.194
0.220
0.240
0.256
1.304
0.220
0.168
26
49.11
Enterprise valueNT$M
199.6
187.8
202.6
204.1
185.6
202.8
194.1
184.5
162.8
153.0
222.7
(3.79%)
(1.88%)
6
294.6
LT debtNT$M
447.1
425.5
398.0
382.4
399.2
461.9
532.9
620.1
718.6
779.2
32.24
14.31%
5.43%
38
Cost of revenue
5.76%
1.00×
Operating expenses
6.14%
1.04×
Goodwill & intangibles
19.56%
Spread over hurdle
(5.44%)