0.301
RevenueNT$B
0.840
0.905
0.983
1.059
1.145
1.229
1.304
1.388
1.513
1.608
0.322
7.04%
7.62%
28
6.11
Revenue growth%
8.51
10.51
9.78
9.13
8.50
9.41
10.35
10.80
9.48
9.83
21.84
9.83
9.63
75
27.41
Gross margin%
34.18
32.40
30.98
29.53
32.39
31.96
33.34
34.16
35.37
34.85
12.27
34.16
32.87
77
22.94
Operating margin%
13.99
12.79
10.73
10.04
11.20
12.52
14.96
17.66
17.38
19.43
28.22
17.38
13.39
88
24.68
Net margin%
29.49
31.37
29.99
28.18
25.73
23.93
21.23
19.42
21.88
22.65
22.00
21.88
24.83
78
31.48
P/E ratio (avg)x
15.55
15.24
14.47
13.74
14.64
15.70
16.67
16.47
15.38
15.18
9.193
15.70
15.31
92
16.00
EV/EBITx
32.29
33.67
31.88
36.51
42.61
45.30
43.88
46.57
48.02
49.20
12.17
46.57
43.25
30
17.44
FCF yield (avg)%
12.66
15.38
13.18
12.85
14.61
16.70
14.71
15.04
13.27
11.18
10.41
14.71
13.94
12
18.89
FCF margin%
21.36
21.99
23.12
25.75
23.58
23.60
26.45
27.70
30.06
28.12
2.13
27.70
24.67
25
1.403
FCF / Net incomex
1.885
1.884
1.884
2.046
2.356
2.509
2.685
3.010
3.362
3.551
0.823
3.010
2.432
9
9.24
ROIC%
10.22
8.77
8.32
9.64
8.35
9.03
10.49
8.07
7.19
4.48
7.50
8.07
8.56
6
22.63
Return on equity%
10.99
10.25
8.45
5.82
6.56
8.36
8.23
8.31
10.89
13.29
10.89
8.36
8.40
80
11.23
Return on assets%
9.42
7.04
5.96
3.57
3.81
2.05
0.40
0.40
0.40
0.40
17.81
0.40
2.81
83
10.91
EPSNT$
20.46
20.33
22.91
24.51
28.60
28.21
28.81
27.22
28.87
32.55
11.42
2.62%
6.07%
—
8.45
EPS growth%
0.40
0.40
1.43
2.70
4.89
2.82
4.70
6.38
5.79
5.27
22.59
5.27
3.76
48
4.38
Bookvalue per shNT$
13.90
15.47
17.68
18.88
18.36
20.01
20.07
22.15
21.57
22.18
8.30
3.85%
6.42%
—
11.28
FCF per shareNT$
15.80
14.62
14.84
17.13
19.38
18.39
20.47
20.35
21.40
21.67
6.91
2.26%
4.49%
—
7.69
Dividend per shNT$
10.43
10.79
10.43
11.28
10.75
11.85
12.36
12.65
12.83
13.27
12.35
4.31%
3.70%
—
12.05
Div yield (avg)%
16.85
18.80
17.09
18.83
19.40
17.18
17.91
20.72
21.59
20.35
9.51
20.35
18.82
8
29.27
Payout ratio%
24.71
27.04
28.82
30.94
28.12
29.71
28.50
29.17
29.35
30.49
15.87
29.35
29.00
18
80.59
Shares (diluted)M
53.73
51.53
53.26
55.41
51.94
46.56
44.32
43.07
42.18
44.36
84.75
(3.10%)
(2.99%)
25
26.72
Buyback yield%
22.14
19.91
17.33
14.50
12.16
11.13
13.95
11.65
12.08
11.11
26.01
11.65
13.05
15
0.937
D/E ratiox
1.316
1.233
1.193
1.070
1.022
1.030
0.933
0.933
0.821
0.903
1.364
0.933
1.026
83
0.470
Enterprise valueNT$B
0.860
0.840
0.945
0.953
0.964
0.946
0.984
1.157
1.246
1.293
1.082
6.05%
5.77%
58
0.949
LT debtNT$B
1.290
1.208
1.376
1.467
1.595
1.777
1.940
1.874
1.864
2.134
0.168
6.00%
4.40%
17
Cost of revenue
7.44%
0.98×
Operating expenses
7.45%
0.98×
Cash and investments
19.95%
Goodwill & intangibles
15.95%
Spread over hurdle
18.79%