239.0
RevenueNT$M
166.8
181.4
196.8
214.1
230.3
244.2
257.4
276.2
290.0
302.7
248.4
5.62%
6.86%
5
7.10
Revenue growth%
5.38
6.68
4.77
5.90
2.90
2.85
2.68
2.34
2.45
2.37
13.56
2.45
2.87
41
28.37
Gross margin%
4.37
2.43
1.52
2.80
0.74
0.40
2.99
2.55
1.73
0.40
22.44
1.73
2.08
37
4.02
Operating margin%
20.29
18.41
18.78
18.49
18.90
20.19
18.32
16.22
19.18
16.98
16.16
18.32
18.63
22
29.63
Net margin%
19.07
21.25
20.24
19.65
18.49
19.16
19.83
20.44
22.52
19.99
9.19
19.99
19.91
12
29.39
P/E ratio (avg)x
42.45
47.47
49.90
50.82
47.37
52.07
50.30
46.24
49.79
53.24
10.82
50.30
49.85
16
26.31
EV/EBITx
15.73
17.59
17.69
18.81
17.34
16.89
18.53
19.17
20.66
19.34
6.980
19.17
18.11
20
12.63
FCF yield (avg)%
10.76
8.63
7.59
9.05
7.61
6.76
3.98
1.81
0.64
0.40
21.97
1.81
7.18
87
12.57
FCF margin%
34.04
35.39
34.64
32.00
31.80
33.87
36.47
34.17
34.40
32.87
24.90
34.17
34.10
33
0.391
FCF / Net incomex
3.251
3.669
4.334
4.917
5.824
6.058
6.436
7.681
7.795
9.240
1.114
7.681
5.941
60
21.31
ROIC%
23.88
22.50
24.42
24.18
26.36
26.16
24.57
23.12
22.78
22.12
11.96
23.12
24.03
36
7.63
Return on equity%
24.18
23.69
24.70
27.02
24.41
26.00
24.41
22.98
20.75
22.59
6.35
22.98
24.29
18
18.77
Return on assets%
13.87
15.74
14.71
14.38
14.73
14.37
14.43
17.10
16.12
15.58
4.68
15.58
14.72
63
0.43
EPSNT$
0.70
0.77
0.87
1.01
0.98
0.98
1.05
1.09
1.22
1.39
0.47
7.30%
7.62%
—
12.76
EPS growth%
8.81
6.28
8.81
7.98
8.31
10.64
10.16
9.49
10.31
13.16
2.82
10.31
9.15
79
1.11
Bookvalue per shNT$
1.21
1.09
1.03
1.06
1.04
0.96
1.00
1.05
0.95
1.03
0.53
(0.25%)
(0.80%)
—
1.80
FCF per shareNT$
2.64
2.64
2.63
3.09
3.37
3.99
4.46
5.14
5.83
6.09
1.36
12.56%
10.65%
—
1.72
Dividend per shNT$
0.87
0.84
0.95
0.90
0.85
0.98
1.11
1.04
1.00
0.93
1.29
1.70%
0.05%
—
29.87
Div yield (avg)%
22.24
20.37
21.14
23.81
25.30
26.12
23.94
25.12
24.35
26.35
28.39
25.12
24.15
72
7.29
Payout ratio%
17.48
15.07
13.31
10.68
10.53
9.39
11.35
12.55
11.96
10.83
27.76
11.35
11.66
80
97.90
Shares (diluted)M
125.4
121.9
119.4
111.6
120.7
109.4
118.4
108.7
96.89
103.3
95.61
(3.07%)
(0.88%)
53
5.75
Buyback yield%
7.19
8.12
6.39
9.29
11.17
10.21
8.14
8.03
10.73
10.17
28.87
10.17
8.72
36
1.078
D/E ratiox
0.594
0.639
0.718
0.816
0.905
1.027
1.042
1.070
1.130
1.272
1.396
1.070
0.966
79
327.3
Enterprise valueNT$M
199.9
214.5
245.9
281.4
306.1
316.3
323.0
373.5
425.6
424.8
266.3
6.77%
8.07%
48
44.22
LT debtNT$M
58.62
63.32
68.38
80.09
94.16
107.7
109.8
118.4
118.3
112.4
250.9
3.60%
6.53%
60
Cost of revenue
6.91%
1.00×
Operating expenses
6.83%
1.00×
Property and equipment
15.83%
Spread over hurdle
11.60%