542.2
RevenueNT$M
408.1
423.3
423.3
436.5
457.5
462.1
471.5
487.3
505.6
513.2
598.0
2.33%
2.80%
83
29.09
Revenue growth%
21.35
23.87
26.18
24.11
25.17
24.34
22.15
21.58
20.56
21.46
22.84
21.58
23.01
86
24.81
Gross margin%
30.70
33.55
32.10
32.43
32.22
29.77
32.17
32.22
34.81
33.97
3.04
32.22
32.22
23
13.70
Operating margin%
10.57
12.22
11.68
9.10
11.98
12.47
11.51
11.93
9.25
11.56
22.31
11.56
11.62
10
28.96
Net margin%
29.70
26.80
27.19
27.46
30.02
28.64
26.76
29.04
31.20
31.76
23.72
29.04
28.84
90
30.99
P/E ratio (avg)x
17.81
16.37
15.64
16.39
15.38
15.80
16.74
14.63
13.41
11.85
13.99
14.63
15.72
77
13.12
EV/EBITx
12.36
12.94
12.26
12.99
11.55
10.07
8.588
7.623
6.479
6.943
9.570
7.623
10.81
72
10.71
FCF yield (avg)%
4.94
5.60
5.68
5.49
2.69
0.40
1.22
1.03
0.40
3.35
28.89
1.03
3.02
12
2.12
FCF margin%
7.05
8.44
6.62
8.95
10.25
8.71
9.07
8.83
7.46
10.42
9.52
8.83
8.77
42
0.880
FCF / Net incomex
1.110
1.151
1.065
1.116
1.180
1.318
1.236
1.185
1.311
1.316
0.667
1.311
1.182
65
3.15
ROIC%
15.08
12.55
14.14
15.76
17.64
17.54
17.07
19.27
22.06
20.07
20.03
19.27
17.31
64
24.35
Return on equity%
23.97
21.46
18.98
20.26
17.53
16.30
16.26
13.56
11.16
11.82
6.84
13.56
16.91
93
18.73
Return on assets%
7.63
5.51
5.69
4.22
5.64
7.70
8.73
9.61
6.87
9.28
16.86
8.73
7.25
79
8.70
EPSNT$
5.63
5.07
5.50
5.69
5.09
5.33
5.97
5.94
5.38
5.41
9.58
1.22%
(1.35%)
—
19.78
EPS growth%
26.07
28.39
28.26
29.04
27.62
27.47
29.10
30.34
29.04
30.70
5.66
29.10
28.72
39
7.60
Bookvalue per shNT$
8.53
8.29
8.54
9.23
9.45
9.79
10.95
10.46
10.96
10.42
3.87
1.97%
1.43%
—
3.17
FCF per shareNT$
6.29
7.14
7.42
8.66
9.83
10.19
10.31
10.04
10.71
12.11
3.41
4.26%
6.92%
—
5.93
Dividend per shNT$
3.36
2.99
3.19
2.96
2.76
3.08
3.32
3.22
3.25
3.04
2.89
1.98%
(0.73%)
—
5.88
Div yield (avg)%
14.86
15.30
12.39
10.75
13.29
10.93
13.15
13.18
15.44
13.00
5.31
13.15
13.16
39
23.50
Payout ratio%
14.64
17.05
14.31
17.24
14.80
16.41
19.02
17.39
16.04
16.19
10.96
16.41
16.30
49
27.37
Shares (diluted)M
19.56
19.45
20.05
17.95
19.48
17.91
18.40
16.60
15.67
15.77
28.04
(4.15%)
(2.37%)
69
5.88
Buyback yield%
7.37
9.02
8.67
10.68
9.20
8.94
10.44
11.76
9.67
11.52
24.75
10.44
9.44
30
0.517
D/E ratiox
2.432
2.410
2.438
2.736
2.981
3.002
3.096
3.291
3.041
2.921
0.886
3.041
2.951
55
50.08
Enterprise valueNT$M
114.6
119.2
129.7
127.4
129.6
121.1
136.9
147.7
159.4
177.8
136.8
6.53%
5.74%
16
256.0
LT debtNT$M
363.4
382.4
430.4
436.8
458.4
458.9
475.4
553.1
591.8
625.9
351.9
6.43%
5.43%
60
Cost of revenue
2.84%
1.00×
Operating expenses
2.58%
0.98×
Cash and investments
17.85%
Spread over hurdle
19.71%