4.017
RevenueNT$B
6.123
6.308
6.460
6.600
7.002
7.199
7.590
7.820
8.145
8.413
4.347
3.74%
3.80%
23
10.56
Revenue growth%
4.18
3.84
1.62
3.72
1.39
4.11
2.20
1.09
0.97
0.40
11.15
1.09
1.91
70
2.15
Gross margin%
16.49
14.14
15.44
14.02
12.14
10.74
9.80
11.46
11.50
10.90
10.80
10.90
11.82
29
8.59
Operating margin%
23.83
23.39
25.89
26.43
28.35
28.73
30.18
29.45
30.37
29.22
19.04
29.45
28.54
47
19.77
Net margin%
17.77
18.35
15.52
12.73
15.54
14.33
15.03
17.19
19.01
17.92
20.99
17.19
16.36
50
18.46
P/E ratio (avg)x
30.34
28.89
31.38
29.62
33.69
37.21
37.98
43.58
43.10
45.27
25.82
43.10
35.45
43
17.27
EV/EBITx
17.38
17.41
19.17
21.12
22.74
24.03
25.88
27.89
29.61
35.50
9.973
27.89
23.38
53
6.61
FCF yield (avg)%
16.89
17.45
18.07
18.96
16.65
19.16
17.43
19.00
16.90
17.69
4.09
17.69
17.57
33
10.32
FCF margin%
13.25
10.25
13.21
12.79
12.51
10.85
8.07
9.73
9.85
8.58
11.97
9.73
10.55
91
0.315
FCF / Net incomex
1.453
1.365
1.177
1.047
0.920
0.870
0.757
0.781
0.783
0.765
0.662
0.781
0.895
51
23.00
ROIC%
7.69
5.50
6.70
4.62
6.57
8.02
10.24
11.35
9.62
11.70
27.07
10.24
7.86
34
2.69
Return on equity%
23.43
25.95
24.27
26.36
27.41
26.79
26.33
24.09
23.16
20.53
19.71
24.09
25.11
89
20.20
Return on assets%
19.92
20.76
20.63
22.79
24.47
23.62
25.08
23.50
26.29
28.34
7.02
25.08
23.56
60
129.72
EPSNT$
55.80
59.26
68.70
80.93
83.70
82.46
82.46
83.08
84.29
84.32
142.43
0.15%
4.52%
—
24.83
EPS growth%
25.67
27.38
26.95
27.22
28.83
29.97
31.55
34.35
35.76
38.25
23.46
34.35
29.40
84
175.96
Bookvalue per shNT$
142.64
149.66
130.99
140.79
151.86
164.84
142.94
148.05
150.25
149.82
120.92
(0.27%)
(0.85%)
—
49.48
FCF per shareNT$
394.99
392.41
445.89
440.64
464.61
522.64
582.41
608.17
702.10
788.02
168.30
11.14%
9.21%
—
24.10
Dividend per shNT$
88.44
100.55
98.17
99.41
95.56
95.41
103.54
110.50
108.18
127.26
136.06
5.90%
3.34%
—
15.63
Div yield (avg)%
5.75
3.22
5.35
6.07
5.88
4.64
2.34
1.31
3.72
2.16
15.09
2.34
4.18
26
7.36
Payout ratio%
14.54
16.81
19.00
16.14
17.05
17.25
18.18
18.88
17.62
19.03
14.79
18.18
17.43
31
28.92
Shares (diluted)M
22.00
22.93
21.97
24.27
24.09
25.52
27.17
24.68
22.12
21.83
28.01
(1.96%)
(1.08%)
31
16.27
Buyback yield%
29.80
27.85
27.49
25.81
28.44
29.08
28.56
29.94
30.69
32.17
6.70
29.94
28.82
61
1.500
D/E ratiox
1.068
1.053
0.952
1.057
1.182
1.219
1.221
1.096
1.042
1.065
0.118
1.096
1.066
24
5.604
Enterprise valueNT$B
4.859
5.441
5.862
6.158
6.155
6.513
7.094
7.303
6.817
6.939
4.710
2.43%
3.85%
13
7.157
LT debtNT$B
5.551
6.166
6.547
6.327
7.238
7.715
7.787
7.405
7.794
8.355
1.251
2.91%
5.42%
10
Cost of revenue
4.17%
1.04×
Operating expenses
2.78%
0.91×
Cash and investments
18.05%
Spread over hurdle
16.70%