0.768
RevenueNT$B
0.675
0.686
0.717
0.759
0.799
0.850
0.876
0.913
0.961
1.001
0.836
4.60%
4.54%
43
21.80
Revenue growth%
18.52
17.81
17.90
20.57
20.59
20.34
22.14
21.06
23.51
23.01
23.37
22.14
20.58
93
13.37
Gross margin%
25.34
27.03
24.73
26.17
28.13
27.50
24.79
27.16
25.43
25.88
17.42
25.88
26.02
14
22.03
Operating margin%
21.79
24.63
22.96
23.15
20.43
19.15
19.48
21.41
19.12
19.40
17.72
19.40
20.92
50
3.81
Net margin%
13.93
16.56
15.63
18.17
18.91
16.51
17.97
18.62
18.96
18.51
2.00
18.51
18.07
19
28.31
P/E ratio (avg)x
7.910
8.469
8.124
8.716
9.998
10.29
9.923
9.442
8.803
9.995
29.90
9.923
9.123
24
21.04
EV/EBITx
13.75
13.27
15.30
15.06
15.82
15.48
17.85
17.89
19.13
18.83
29.30
17.89
15.65
42
5.15
FCF yield (avg)%
12.51
14.08
13.76
13.34
10.48
11.85
9.99
12.54
13.46
13.76
29.35
12.54
12.94
70
5.61
FCF margin%
6.87
6.32
4.23
6.97
8.03
5.73
3.52
4.39
4.91
6.00
15.70
4.91
5.86
50
0.322
FCF / Net incomex
0.860
0.901
0.964
1.001
0.927
0.835
0.860
0.796
0.792
0.712
0.492
0.796
0.860
32
29.79
ROIC%
15.07
14.36
13.94
13.54
12.38
14.30
12.80
12.23
13.20
11.86
12.15
12.80
13.37
81
25.36
Return on equity%
7.40
6.59
5.17
7.31
10.19
11.84
13.07
13.53
15.64
14.79
20.38
13.53
11.01
46
12.55
Return on assets%
3.94
4.22
6.21
4.24
4.55
6.64
5.39
2.52
1.35
3.83
16.91
3.83
4.23
29
0.39
EPSNT$
3.81
4.44
4.29
4.89
5.22
5.53
5.66
5.69
5.46
5.76
0.41
1.99%
4.05%
—
17.36
EPS growth%
7.14
8.22
6.97
8.19
10.95
8.65
8.97
11.26
10.84
12.75
11.31
10.84
8.81
34
0.62
Bookvalue per shNT$
2.03
2.04
2.24
1.98
2.17
2.24
1.97
1.85
1.81
1.87
2.51
(2.98%)
(1.36%)
—
2.26
FCF per shareNT$
3.56
4.21
4.60
4.85
5.81
5.89
6.86
7.46
7.59
8.71
0.87
8.44%
9.89%
—
1.88
Dividend per shNT$
0.59
0.57
0.56
0.59
0.66
0.59
0.57
0.55
0.56
0.55
0.78
(3.60%)
(1.36%)
—
3.28
Div yield (avg)%
11.39
12.79
14.91
15.47
12.53
15.22
15.40
13.26
15.62
18.49
8.13
15.40
15.06
10
12.51
Payout ratio%
2.67
4.11
5.10
6.78
9.27
7.84
9.32
6.90
8.16
5.77
3.83
7.84
6.84
75
80.31
Shares (diluted)M
87.24
89.48
89.70
88.42
99.12
98.15
113.3
110.1
114.9
126.0
76.77
4.92%
3.69%
87
5.15
Buyback yield%
18.54
18.56
18.94
18.49
16.76
17.66
19.61
16.81
16.84
16.33
8.46
16.84
18.07
41
1.747
D/E ratiox
1.715
1.918
1.871
2.108
2.404
2.462
2.586
2.624
2.554
2.637
0.642
2.586
2.433
59
646.6
Enterprise valueNT$M
238.9
237.4
222.0
225.3
234.7
218.3
195.8
180.4
166.0
147.8
445.3
(8.83%)
(4.51%)
34
0.376
LT debtNT$B
0.761
0.730
0.796
0.846
0.967
1.068
1.201
1.410
1.385
1.546
0.529
9.83%
7.26%
46
Cost of revenue
4.38%
0.99×
Operating expenses
5.30%
1.07×
Return on capital
101.19%
Spread over hurdle
94.46%