1.837
RevenueNT$B
2.214
2.294
2.319
2.414
2.460
2.519
2.581
2.614
2.690
2.801
1.968
2.63%
2.55%
23
7.42
Revenue growth%
27.61
25.79
23.31
25.08
25.08
23.25
25.82
27.11
26.43
26.29
12.17
26.29
25.80
66
12.08
Gross margin%
10.40
8.55
5.97
6.53
7.36
7.61
5.11
3.98
3.48
3.05
25.55
3.98
6.25
9
3.02
Operating margin%
19.57
19.32
18.16
16.12
15.70
18.68
18.84
19.05
18.26
17.90
10.96
18.68
18.47
55
24.91
Net margin%
12.66
9.90
10.40
8.70
8.92
11.53
11.72
11.93
11.78
9.35
26.89
11.72
10.96
79
32.93
P/E ratio (avg)x
47.71
47.77
47.46
53.65
55.46
59.31
57.74
63.60
66.75
64.88
20.31
63.60
56.60
34
27.29
EV/EBITx
32.08
35.17
31.56
32.52
32.62
33.56
36.62
38.15
38.28
39.83
12.37
38.15
34.37
15
3.62
FCF yield (avg)%
25.45
26.81
28.28
30.24
29.64
26.76
28.32
30.38
31.43
32.39
27.24
30.38
28.98
82
11.91
FCF margin%
20.36
20.19
22.65
25.53
28.16
31.10
31.33
28.33
25.78
26.26
8.36
28.33
26.02
78
0.830
FCF / Net incomex
0.835
0.890
0.908
0.869
1.036
1.042
1.182
1.131
1.178
1.228
0.320
1.178
1.039
31
9.99
ROIC%
19.48
17.28
15.84
18.19
15.87
18.06
17.76
18.29
17.89
17.38
27.37
17.89
17.82
84
15.26
Return on equity%
0.40
0.40
1.60
3.07
3.37
4.06
3.72
6.50
5.15
7.70
3.80
5.15
3.54
19
10.06
Return on assets%
17.21
15.55
14.67
17.41
16.71
14.35
12.94
11.60
11.48
10.62
15.60
11.60
14.51
95
7.49
EPSNT$
15.90
15.20
16.09
16.94
15.37
14.10
14.15
14.15
13.42
14.30
8.37
(1.44%)
(0.59%)
—
18.32
EPS growth%
20.55
21.46
23.99
26.57
28.80
29.44
27.85
28.63
29.99
28.35
6.91
28.63
28.10
64
10.81
Bookvalue per shNT$
11.24
12.98
12.89
12.61
14.07
13.09
15.00
15.66
16.63
18.49
14.73
5.62%
6.64%
—
16.82
FCF per shareNT$
21.06
23.14
25.98
25.05
26.24
23.95
23.71
23.94
22.01
21.19
14.83
(4.18%)
(0.82%)
—
5.95
Dividend per shNT$
11.08
10.18
8.94
8.26
8.36
8.35
7.32
6.95
6.54
6.60
9.09
(4.61%)
(5.43%)
—
8.01
Div yield (avg)%
13.62
16.52
18.64
19.52
19.51
20.69
19.24
21.00
19.94
19.67
20.20
19.94
19.51
89
26.75
Payout ratio%
35.37
36.99
38.94
39.24
37.40
38.93
37.04
35.36
32.82
30.25
18.87
35.36
37.01
89
73.02
Shares (diluted)M
112.3
114.5
124.0
139.2
133.6
158.2
180.5
195.4
215.4
206.4
72.16
9.09%
6.83%
21
23.13
Buyback yield%
3.94
4.29
2.40
4.03
3.13
0.41
0.40
0.40
0.40
2.09
13.96
0.40
2.24
47
0.414
D/E ratiox
1.453
1.662
1.743
2.038
2.160
2.527
2.877
3.161
3.682
4.064
1.112
3.161
2.344
61
0.539
Enterprise valueNT$B
2.527
2.980
3.388
3.988
4.129
4.626
4.678
4.616
4.991
5.571
2.013
6.17%
10.01%
81
1.277
LT debtNT$B
1.633
1.567
1.537
1.664
1.643
1.528
1.563
1.601
1.545
1.522
0.105
(1.52%)
(1.98%)
62
Cost of revenue
2.30%
0.98×
Operating expenses
2.51%
1.00×
Goodwill & intangibles
14.65%
Spread over hurdle
14.25%