207.2
RevenueNT$M
198.0
203.7
211.7
217.7
221.8
227.9
234.2
249.8
257.4
269.4
215.1
3.97%
3.55%
73
20.23
Revenue growth%
10.63
10.34
12.64
14.00
13.56
13.91
15.78
14.11
15.34
17.04
3.00
15.34
13.96
62
20.21
Gross margin%
20.12
17.26
15.88
17.82
18.83
18.91
18.85
16.66
19.05
21.68
11.84
18.91
18.84
34
7.87
Operating margin%
24.56
24.69
23.89
21.52
22.61
21.71
22.38
20.28
21.72
19.08
7.86
21.71
22.05
16
17.93
Net margin%
24.61
26.48
25.64
26.43
23.61
24.29
21.50
24.13
25.86
25.89
8.25
24.29
25.12
75
14.18
P/E ratio (avg)x
29.93
29.18
32.25
30.64
26.93
27.95
26.81
27.29
24.44
26.29
13.82
26.81
27.62
19
30.37
EV/EBITx
21.22
21.01
21.40
21.26
21.73
23.09
25.94
26.87
30.58
32.90
37.08
26.87
22.41
12
15.26
FCF yield (avg)%
3.49
0.50
0.76
2.94
4.52
2.08
0.40
0.40
0.40
2.70
21.52
0.40
1.42
21
23.40
FCF margin%
8.30
8.41
6.57
8.17
8.98
7.33
9.61
8.74
6.95
4.13
16.16
7.33
8.23
68
1.630
FCF / Net incomex
2.144
2.330
2.546
3.045
3.580
4.065
4.826
5.687
5.682
6.580
0.762
5.682
3.823
62
28.37
ROIC%
3.75
3.94
3.29
0.93
0.40
0.40
0.40
0.40
1.10
2.92
17.38
0.40
1.01
78
20.90
Return on equity%
4.11
4.65
3.33
4.84
7.07
5.33
5.69
3.89
2.60
1.22
6.10
3.89
4.38
79
27.75
Return on assets%
0.61
3.34
4.87
4.91
2.94
0.40
0.40
0.40
0.40
2.68
13.16
0.40
1.65
61
0.86
EPSNT$
1.54
1.64
1.68
1.63
1.67
2.00
2.37
2.35
2.70
2.66
0.90
9.76%
5.84%
—
2.23
EPS growth%
20.44
22.95
22.66
23.81
26.55
25.50
23.72
23.36
21.70
21.09
25.60
23.36
23.16
22
0.62
Bookvalue per shNT$
1.11
1.21
1.24
1.38
1.40
1.59
1.48
1.63
1.65
1.67
0.35
3.65%
5.57%
—
0.45
FCF per shareNT$
1.00
1.08
1.07
1.16
1.05
1.11
1.20
1.22
1.19
1.13
0.87
1.39%
2.34%
—
0.71
Dividend per shNT$
0.86
0.93
1.04
1.07
1.08
1.10
1.07
1.05
1.23
1.28
1.31
3.44%
5.94%
—
4.95
Div yield (avg)%
10.00
9.88
8.53
6.31
5.47
3.17
1.57
1.43
0.40
1.61
19.95
1.57
4.32
58
9.81
Payout ratio%
22.64
23.67
21.07
21.02
22.88
23.73
22.23
22.49
19.82
22.08
6.96
22.23
22.36
61
60.83
Shares (diluted)M
84.75
85.83
90.91
95.85
104.6
114.1
131.0
143.3
147.8
146.3
58.92
6.94%
5.50%
88
29.37
Buyback yield%
1.67
2.23
2.15
0.40
0.40
0.57
3.37
2.90
4.30
1.96
11.90
2.90
2.05
37
0.431
D/E ratiox
0.696
0.722
0.682
0.699
0.650
0.703
0.725
0.658
0.615
0.672
0.799
0.672
0.689
13
172.3
Enterprise valueNT$M
168.9
170.6
146.4
146.9
158.0
137.0
144.2
139.2
133.2
122.5
81.61
(4.96%)
(3.01%)
31
193.8
LT debtNT$M
224.6
258.2
265.8
287.4
333.4
357.0
362.6
377.4
400.8
452.3
9.561
6.29%
6.89%
50
Cost of revenue
3.35%
0.98×
Operating expenses
3.75%
1.02×
Property and equipment
15.81%
Spread over hurdle
20.34%