1.080
RevenueNT$B
0.576
0.597
0.631
0.657
0.698
0.717
0.743
0.795
0.828
0.886
1.192
4.90%
5.07%
14
12.81
Revenue growth%
3.94
2.39
1.44
4.09
2.37
5.17
3.81
3.82
2.69
0.40
8.36
3.81
3.25
70
14.70
Gross margin%
26.93
26.61
25.69
24.60
25.88
28.39
25.88
23.99
24.31
25.03
7.89
25.03
25.78
93
20.37
Operating margin%
15.67
13.90
12.76
14.68
16.61
18.67
16.70
16.22
15.17
12.67
24.90
16.22
15.42
65
3.62
Net margin%
0.40
1.21
0.40
0.40
0.40
0.40
0.40
0.40
0.40
1.59
21.76
0.40
0.40
94
26.60
P/E ratio (avg)x
25.09
26.84
24.14
22.67
22.77
19.75
21.59
19.23
19.61
20.96
17.48
19.75
22.13
71
16.33
EV/EBITx
12.09
11.90
10.14
10.27
9.165
8.354
8.901
8.065
7.042
6.606
18.40
8.065
9.033
65
22.82
FCF yield (avg)%
25.75
28.35
28.64
28.51
26.94
28.84
28.19
29.10
31.66
31.78
27.59
29.10
28.57
35
3.25
FCF margin%
3.82
0.89
1.12
0.40
2.28
3.38
4.83
4.54
5.71
4.53
22.70
4.54
3.60
14
1.201
FCF / Net incomex
1.075
1.167
1.348
1.546
1.501
1.660
1.915
2.198
2.572
2.769
0.748
2.198
1.603
61
14.04
ROIC%
3.09
1.42
4.41
4.52
3.64
3.86
4.71
2.00
1.61
3.01
18.48
3.01
3.37
82
17.79
Return on equity%
6.66
7.95
8.66
7.70
9.80
8.62
6.68
4.25
3.25
2.22
18.59
4.25
7.19
62
26.34
Return on assets%
11.71
11.66
11.73
10.68
12.59
14.51
15.66
14.76
13.92
11.19
26.35
14.51
12.16
41
2.82
EPSNT$
1.32
1.40
1.56
1.74
1.71
1.79
2.01
2.20
2.44
2.69
3.11
9.47%
7.58%
—
11.74
EPS growth%
19.81
18.07
17.37
14.71
17.49
18.33
16.57
17.77
17.10
15.77
3.50
17.10
17.43
24
0.69
Bookvalue per shNT$
1.93
1.78
1.63
1.77
1.91
1.98
1.88
1.87
1.77
1.89
2.34
(0.24%)
(0.58%)
—
3.56
FCF per shareNT$
2.97
2.73
2.53
2.25
2.39
2.35
2.25
2.03
2.01
2.06
3.37
(2.98%)
(4.23%)
—
3.23
Dividend per shNT$
1.99
2.16
2.63
2.64
3.00
3.41
4.08
4.46
4.88
4.80
0.78
9.83%
11.30%
—
12.93
Div yield (avg)%
21.99
19.41
17.21
18.43
21.20
20.20
19.33
20.91
19.13
18.84
11.31
19.33
19.37
76
16.13
Payout ratio%
7.81
8.69
9.57
6.70
9.60
10.24
12.39
12.68
11.00
8.99
7.53
11.00
9.59
23
89.71
Shares (diluted)M
97.22
91.44
83.21
73.77
78.82
81.02
77.30
69.08
69.04
67.82
89.37
(2.96%)
(2.81%)
55
19.79
Buyback yield%
19.39
21.18
22.49
24.53
22.40
22.76
23.05
22.21
23.71
20.89
11.49
22.76
22.45
52
1.682
D/E ratiox
2.430
2.461
2.612
2.682
2.847
3.078
3.395
3.932
4.237
4.806
0.862
3.932
2.962
64
86.84
Enterprise valueNT$M
112.6
107.8
114.5
110.1
117.2
101.0
91.33
85.30
79.25
84.81
485.7
(6.27%)
(4.20%)
14
1.143
LT debtNT$B
0.249
0.286
0.318
0.320
0.303
0.291
0.300
0.313
0.314
0.332
1.171
1.84%
2.51%
59
Cost of revenue
5.07%
1.00×
Operating expenses
5.70%
1.06×
Goodwill & intangibles
17.46%
Spread over hurdle
(3.38%)