595.6
RevenueNT$M
519.5
528.6
525.3
527.0
534.1
534.3
546.8
543.0
564.5
566.3
629.4
1.18%
1.23%
50
22.28
Revenue growth%
14.81
14.06
16.14
15.69
14.62
15.34
13.88
13.06
11.00
10.87
20.27
13.06
14.34
53
25.81
Gross margin%
33.70
33.23
31.95
32.63
30.14
28.63
29.72
32.23
31.19
31.85
9.03
31.19
31.90
36
17.71
Operating margin%
28.64
31.47
29.01
26.82
28.06
28.55
31.24
28.69
25.84
24.08
22.39
28.55
28.60
47
25.92
Net margin%
10.92
13.12
11.49
11.01
9.15
9.29
8.86
9.48
11.70
9.99
7.53
9.48
10.45
56
14.36
P/E ratio (avg)x
15.01
14.76
15.30
15.57
17.51
20.08
20.74
24.43
23.81
28.48
8.196
23.81
18.79
77
36.37
EV/EBITx
43.00
46.47
53.06
56.42
55.60
55.54
59.48
59.39
63.09
66.10
13.29
59.48
56.01
56
22.04
FCF yield (avg)%
18.75
19.74
17.11
15.43
15.38
12.81
13.26
13.99
12.52
12.70
4.29
12.81
14.69
56
13.42
FCF margin%
21.31
23.59
24.83
23.00
21.12
22.24
19.82
21.84
22.98
25.97
2.81
22.24
22.61
52
1.084
FCF / Net incomex
1.212
1.263
1.496
1.741
1.803
1.908
2.066
2.226
2.460
2.852
0.670
2.226
1.855
29
29.25
ROIC%
20.24
19.65
19.14
16.25
16.68
13.75
10.76
10.57
8.89
9.36
4.42
10.57
15.00
83
14.08
Return on equity%
29.09
31.22
28.58
30.80
31.69
29.25
27.73
29.67
29.23
29.67
8.01
29.25
29.46
78
9.08
Return on assets%
3.38
0.77
0.40
0.93
0.40
0.40
1.73
2.81
5.02
5.72
2.60
2.81
1.33
70
0.46
EPSNT$
0.92
0.85
0.74
0.77
0.77
0.68
0.70
0.74
0.65
0.57
0.48
(5.72%)
(3.75%)
—
5.49
EPS growth%
4.41
3.62
3.66
2.74
5.43
3.87
5.84
3.15
0.73
2.05
15.09
3.15
3.64
40
2.78
Bookvalue per shNT$
3.93
4.51
4.56
4.71
4.50
5.14
4.96
5.58
5.85
6.81
0.92
8.65%
7.32%
—
1.08
FCF per shareNT$
0.61
0.61
0.59
0.51
0.46
0.45
0.44
0.38
0.41
0.42
1.24
(1.70%)
(5.17%)
—
0.51
Dividend per shNT$
1.19
1.29
1.49
1.53
1.72
1.82
2.01
2.35
2.34
2.70
2.47
9.44%
10.12%
—
26.22
Div yield (avg)%
23.01
25.76
26.33
28.35
28.67
29.73
29.22
31.64
29.60
29.56
20.95
29.60
28.94
8
10.44
Payout ratio%
24.93
23.67
23.47
25.98
28.88
30.30
30.52
31.84
31.62
29.86
27.19
30.52
29.37
72
144.9
Shares (diluted)M
143.7
166.9
173.7
188.3
188.0
217.9
253.6
248.9
283.2
305.1
144.2
10.17%
7.58%
14
20.80
Buyback yield%
4.78
7.61
7.66
5.07
3.02
0.40
0.40
0.40
1.03
0.40
2.36
0.40
2.03
52
1.332
D/E ratiox
1.812
1.926
2.143
2.075
1.905
2.114
2.369
2.670
2.935
3.169
1.239
2.670
2.128
81
485.8
Enterprise valueNT$M
655.0
663.3
719.4
787.5
746.4
777.9
868.6
869.9
898.0
858.3
250.2
2.83%
3.54%
80
401.9
LT debtNT$M
177.2
165.7
188.3
201.7
213.5
222.9
241.2
265.8
288.1
311.1
455.4
7.82%
7.38%
56
Cost of revenue
1.23%
1.00×
Operating expenses
1.64%
1.04×
Goodwill & intangibles
16.25%
Spread over hurdle
(2.01%)