1.208
RevenueNT$B
0.684
0.751
0.815
0.882
0.976
1.045
1.160
1.264
1.359
1.502
1.239
9.01%
8.99%
33
4.85
Revenue growth%
14.11
16.40
18.29
20.50
22.67
22.59
24.52
25.07
26.70
29.16
27.18
25.07
22.63
66
27.90
Gross margin%
10.75
13.57
11.99
14.75
17.38
16.04
13.31
13.53
11.85
12.05
18.96
13.31
13.42
42
25.85
Operating margin%
13.11
12.51
10.05
11.64
11.35
8.70
6.14
6.54
5.40
5.74
18.93
6.14
9.38
43
28.68
Net margin%
11.57
9.07
9.91
10.47
9.64
11.96
12.76
15.53
17.47
17.64
25.39
15.53
11.76
87
18.89
P/E ratio (avg)x
32.13
32.20
32.46
29.87
33.93
32.05
33.67
33.55
33.30
34.74
12.59
33.55
32.88
20
21.42
EV/EBITx
31.58
32.80
34.47
33.14
32.94
36.42
38.75
38.07
38.15
37.83
18.10
38.07
35.45
80
17.42
FCF yield (avg)%
3.73
1.36
2.79
1.77
0.40
0.40
0.40
0.40
1.69
1.61
10.25
0.40
1.48
7
14.52
FCF margin%
7.48
5.29
2.53
0.40
2.83
3.09
0.47
1.10
0.55
0.40
7.08
0.55
1.82
70
1.344
FCF / Net incomex
1.284
1.379
1.251
1.274
1.288
1.386
1.329
1.354
1.411
1.449
0.149
1.386
1.342
94
14.02
ROIC%
3.08
2.10
0.40
1.06
2.02
2.63
4.19
5.96
7.63
4.68
24.63
4.68
2.85
86
17.89
Return on equity%
13.61
11.37
12.89
12.72
14.30
14.47
16.59
17.74
19.53
21.60
23.29
17.74
14.39
90
27.37
Return on assets%
6.72
9.34
11.37
12.52
12.56
11.74
13.91
12.79
12.97
11.79
13.90
12.79
12.15
7
16.77
EPSNT$
25.14
29.16
29.86
28.62
32.28
36.71
41.41
44.38
51.73
58.74
17.67
12.72%
9.45%
—
6.54
EPS growth%
15.38
16.90
15.84
14.88
12.07
12.06
14.55
14.50
15.62
17.75
13.95
14.55
15.13
79
6.03
Bookvalue per shNT$
36.14
34.14
32.48
30.86
29.02
32.97
31.94
31.00
30.82
31.42
22.18
1.60%
(0.31%)
—
11.77
FCF per shareNT$
14.67
15.99
16.54
17.81
15.20
15.33
16.20
14.07
13.20
11.90
13.54
(4.78%)
(3.09%)
—
19.56
Dividend per shNT$
45.19
49.27
51.99
49.64
49.97
50.56
59.23
62.86
60.65
64.21
30.75
5.14%
4.90%
—
18.75
Div yield (avg)%
24.94
24.72
26.62
28.08
26.10
27.38
28.32
27.71
27.65
26.24
18.44
27.65
27.00
87
12.99
Payout ratio%
19.69
18.01
19.79
20.08
18.25
16.61
17.94
17.15
18.95
16.82
8.28
17.15
18.13
46
26.21
Shares (diluted)M
17.78
16.73
18.02
17.69
16.92
15.97
14.24
13.13
14.17
13.78
26.31
(4.03%)
(2.77%)
53
8.23
Buyback yield%
0.40
0.40
2.43
4.93
3.53
3.42
1.69
3.65
5.73
8.72
13.42
3.65
3.48
6
1.789
D/E ratiox
0.700
0.637
0.672
0.614
0.569
0.539
0.555
0.504
0.501
0.518
0.703
0.518
0.562
59
0.610
Enterprise valueNT$B
0.801
0.808
0.889
0.944
0.942
1.110
1.327
1.316
1.458
1.466
0.403
9.24%
6.29%
55
817.2
LT debtNT$M
761.8
744.1
696.0
672.5
732.0
727.8
737.8
682.0
686.9
634.2
681.4
(2.83%)
(1.68%)
56
Cost of revenue
8.79%
0.98×
Operating expenses
9.00%
1.00×
Spread over hurdle
70.38%