3.881
RevenueNT$B
1.915
2.022
2.073
2.142
2.185
2.304
2.447
2.589
2.758
2.887
4.323
5.73%
4.41%
54
13.13
Revenue growth%
11.52
14.23
11.28
13.79
15.35
15.25
12.81
13.52
11.73
10.20
26.10
12.81
13.16
56
10.01
Gross margin%
6.62
5.99
8.90
7.49
10.16
9.99
8.88
11.30
10.62
12.40
8.60
10.62
9.45
66
6.82
Operating margin%
10.45
12.08
13.08
14.12
15.10
17.17
14.69
17.21
14.78
12.32
15.45
14.78
14.40
24
8.82
Net margin%
1.47
4.43
7.15
10.14
8.14
8.34
9.59
8.49
9.77
6.88
12.52
8.49
8.24
31
7.477
P/E ratio (avg)x
44.73
50.72
57.47
54.85
62.20
60.28
65.42
75.43
88.54
84.99
22.83
75.43
61.24
52
7.017
EV/EBITx
30.45
28.54
25.99
23.69
25.64
26.61
27.78
27.94
27.70
25.27
33.67
27.70
27.15
57
23.34
FCF yield (avg)%
28.32
28.29
25.94
24.05
23.09
20.95
19.12
18.18
19.45
21.04
5.63
19.45
22.06
51
10.09
FCF margin%
21.04
22.77
23.24
20.76
19.32
17.36
17.59
15.94
15.99
15.90
10.29
15.99
18.46
49
1.511
FCF / Net incomex
0.954
0.837
0.877
0.854
0.784
0.743
0.681
0.615
0.630
0.645
1.798
0.645
0.764
81
13.86
ROIC%
4.92
6.63
9.43
6.77
4.31
6.42
8.53
5.60
4.03
5.57
5.59
5.60
6.01
79
18.07
Return on equity%
15.02
13.13
13.65
14.65
17.13
18.13
15.89
17.07
19.19
20.72
20.44
18.13
16.48
82
20.80
Return on assets%
10.81
8.40
6.86
7.77
9.91
12.31
10.68
11.59
12.74
15.37
12.42
12.31
10.74
66
6.71
EPSNT$
5.89
6.19
5.89
6.32
5.81
5.59
5.31
5.66
5.75
5.06
7.08
(2.71%)
(1.91%)
—
16.33
EPS growth%
8.09
7.56
8.11
7.17
5.03
5.64
6.39
7.36
5.18
3.15
16.92
5.64
6.78
39
17.18
Bookvalue per shNT$
11.22
12.47
11.63
11.53
12.48
11.58
12.78
12.53
13.83
14.21
8.88
2.63%
3.25%
—
14.99
FCF per shareNT$
2.70
2.42
2.24
2.16
2.06
2.25
2.18
2.02
2.27
2.10
3.62
0.36%
(3.40%)
—
10.75
Dividend per shNT$
9.85
10.94
12.40
14.69
14.24
14.65
16.29
15.79
17.08
19.41
13.11
6.40%
6.82%
—
15.86
Div yield (avg)%
16.37
13.55
13.83
16.47
16.61
17.54
16.47
13.65
13.55
14.73
29.66
14.73
15.55
29
26.85
Payout ratio%
8.82
8.40
5.59
8.42
5.45
8.31
6.16
5.64
5.14
7.49
19.99
6.16
6.83
58
117.4
Shares (diluted)M
86.17
76.53
72.40
78.99
71.14
63.04
67.61
70.05
66.38
72.24
115.1
0.31%
(2.74%)
42
28.46
Buyback yield%
25.90
24.43
23.04
25.33
27.38
30.35
32.77
33.69
30.93
32.89
24.19
32.77
28.87
68
1.490
D/E ratiox
3.213
3.443
3.712
4.190
4.479
5.203
5.993
7.101
7.951
7.867
1.737
7.101
4.841
41
0.714
Enterprise valueNT$B
1.972
1.759
1.668
1.592
1.612
1.697
1.629
1.574
1.468
1.439
1.498
(2.25%)
(2.01%)
79
0.528
LT debtNT$B
0.252
0.234
0.250
0.257
0.256
0.247
0.259
0.248
0.257
0.283
3.378
2.03%
1.20%
16
Cost of revenue
3.99%
0.96×
Operating expenses
5.25%
1.08×
Cash and investments
16.04%
Spread over hurdle
(1.87%)