345.1
RevenueNT$M
366.5
390.5
427.9
468.2
516.2
570.1
625.5
686.9
754.3
810.0
371.4
9.43%
8.93%
53
21.51
Revenue growth%
26.35
24.49
25.04
23.24
22.56
21.56
24.52
25.28
27.72
29.53
9.13
25.28
24.78
37
10.74
Gross margin%
28.66
29.06
26.43
23.43
24.83
27.67
25.48
23.74
23.65
22.53
22.12
23.74
25.16
18
25.05
Operating margin%
12.08
10.37
13.21
13.86
14.72
15.00
16.93
17.54
17.94
16.38
7.72
16.93
14.86
17
8.17
Net margin%
10.49
7.59
4.62
2.96
5.55
7.50
8.53
7.52
6.72
8.38
29.16
7.52
7.51
31
29.06
P/E ratio (avg)x
11.56
10.74
9.537
8.958
9.495
8.588
8.913
8.158
8.460
8.875
9.699
8.588
8.936
62
6.818
EV/EBITx
45.73
51.79
47.04
49.73
50.96
54.60
61.70
56.57
63.84
61.30
23.94
61.30
53.20
38
2.33
FCF yield (avg)%
26.71
24.32
22.65
24.46
25.57
24.98
22.52
23.03
25.08
24.55
8.38
24.55
24.51
68
24.92
FCF margin%
20.78
23.03
21.57
19.73
18.47
21.38
23.03
22.45
23.49
22.65
5.86
22.65
22.01
38
1.348
FCF / Net incomex
1.589
1.750
1.618
1.505
1.588
1.530
1.729
1.974
2.199
2.512
1.080
1.974
1.674
79
22.21
ROIC%
22.85
24.04
21.91
23.86
25.17
24.18
23.95
21.96
23.66
21.06
6.72
23.66
23.76
33
13.08
Return on equity%
4.94
7.23
8.64
10.63
13.21
12.88
13.15
12.28
14.71
14.94
14.28
13.15
12.58
82
7.70
Return on assets%
29.97
30.50
31.46
29.44
31.47
32.64
32.92
33.80
32.55
30.03
22.59
32.64
31.46
13
1.60
EPSNT$
1.94
1.99
2.09
2.27
2.65
2.80
3.05
3.24
3.20
3.76
1.72
7.29%
7.80%
—
19.00
EPS growth%
34.82
35.68
34.07
34.34
36.67
34.63
37.28
38.73
36.36
36.50
18.65
36.50
36.02
65
2.38
Bookvalue per shNT$
3.84
3.92
3.73
3.51
3.57
4.08
3.75
4.06
4.27
4.44
2.44
4.45%
2.83%
—
3.56
FCF per shareNT$
2.09
2.19
2.15
2.07
2.28
2.28
2.53
2.37
2.55
2.72
2.26
3.62%
3.15%
—
2.15
Dividend per shNT$
1.51
1.62
1.60
1.53
1.62
1.55
1.44
1.38
1.32
1.37
2.92
(3.31%)
(0.70%)
—
12.82
Div yield (avg)%
28.90
28.26
28.27
28.67
28.54
27.95
27.64
29.22
30.57
31.07
22.78
29.22
28.60
47
14.39
Payout ratio%
13.97
12.20
14.20
13.06
15.23
16.79
15.33
12.94
14.03
13.18
28.94
14.03
14.00
69
125.2
Shares (diluted)M
127.6
120.8
113.5
126.1
129.3
139.8
131.3
130.3
139.1
157.0
123.0
3.95%
2.06%
32
19.75
Buyback yield%
36.02
37.14
38.05
35.16
38.01
35.89
35.43
35.28
34.43
31.73
3.79
35.28
35.66
15
0.189
D/E ratiox
0.241
0.227
0.215
0.243
0.248
0.236
0.268
0.310
0.342
0.394
0.254
0.310
0.246
92
0.562
Enterprise valueNT$B
0.503
0.587
0.670
0.728
0.860
0.976
1.134
1.109
1.334
1.479
0.399
11.44%
12.47%
59
233.8
LT debtNT$M
385.1
396.2
407.9
394.6
412.5
422.7
443.2
493.8
467.6
442.8
470.0
1.43%
1.00%
17
Cost of revenue
8.93%
1.00×
Operating expenses
9.01%
1.01×
Cash and investments
20.02%
Spread over hurdle
16.27%