0.830
RevenueNT$B
1.610
1.619
1.632
1.715
1.786
1.837
1.848
1.941
2.020
2.120
0.904
3.48%
3.07%
39
29.35
Revenue growth%
30.70
30.57
31.72
29.31
28.51
25.89
26.04
23.10
25.52
27.13
2.98
25.89
27.82
5
14.41
Gross margin%
5.85
4.40
2.85
4.13
5.17
2.24
3.01
2.42
4.64
4.92
4.13
3.01
4.27
90
13.23
Operating margin%
34.16
31.93
29.39
32.18
34.79
33.90
34.27
34.62
37.30
36.22
20.35
34.62
34.21
32
13.42
Net margin%
16.94
17.14
17.09
15.96
15.35
17.97
20.52
22.18
25.14
24.36
17.30
22.18
17.55
47
20.74
P/E ratio (avg)x
11.34
12.07
12.74
12.57
12.72
12.32
10.83
11.75
11.11
10.82
8.575
11.11
11.91
41
10.63
EV/EBITx
42.48
48.38
58.07
60.44
65.92
68.68
75.48
73.39
71.89
86.58
31.79
73.39
67.30
34
4.97
FCF yield (avg)%
7.67
7.33
9.29
12.26
12.16
11.94
13.01
15.02
14.27
15.59
15.12
14.27
12.21
94
23.49
FCF margin%
11.29
11.49
10.29
9.94
7.21
5.90
8.39
7.22
5.28
7.49
27.57
7.22
7.94
27
1.685
FCF / Net incomex
0.447
0.485
0.488
0.482
0.551
0.529
0.506
0.570
0.653
0.706
0.966
0.570
0.518
32
9.23
ROIC%
17.23
17.69
18.76
17.23
17.80
17.89
18.14
19.27
17.30
16.49
20.01
17.89
17.74
34
16.26
Return on equity%
2.96
0.54
3.28
5.91
3.29
2.46
3.99
2.19
3.42
2.91
4.34
2.91
3.12
59
4.57
Return on assets%
24.61
21.64
23.11
25.91
23.02
22.13
24.24
24.14
26.93
25.46
13.99
24.24
24.19
13
4.43
EPSNT$
11.39
10.43
10.44
11.58
10.87
10.34
10.91
11.40
12.24
12.54
4.94
2.91%
0.30%
—
20.24
EPS growth%
16.71
19.61
21.81
19.74
22.62
24.04
23.55
25.74
25.58
28.13
11.00
25.58
23.08
10
8.07
Bookvalue per shNT$
9.55
9.96
10.24
9.90
10.47
9.15
8.59
8.93
8.48
7.46
7.38
(6.55%)
(1.77%)
—
8.52
FCF per shareNT$
5.91
6.63
7.42
7.53
8.50
8.09
8.82
9.96
9.31
10.05
8.59
3.41%
4.70%
—
6.87
Dividend per shNT$
15.15
15.97
18.55
19.28
22.37
26.05
26.75
29.65
29.38
31.32
7.89
6.96%
9.26%
—
6.70
Div yield (avg)%
7.91
6.47
4.65
5.06
5.51
4.09
2.23
1.88
1.12
0.40
29.59
1.88
4.37
47
14.85
Payout ratio%
28.92
27.75
27.09
26.17
26.51
26.93
28.60
27.88
25.39
24.20
5.36
26.93
27.01
82
60.68
Shares (diluted)M
76.70
86.43
82.00
75.34
78.93
79.98
89.45
94.37
97.42
101.2
58.71
5.10%
3.87%
40
5.51
Buyback yield%
12.36
12.14
11.87
13.52
16.48
17.14
18.65
21.51
19.96
17.18
4.34
18.65
16.81
29
1.446
D/E ratiox
1.310
1.268
1.157
1.122
1.063
1.146
1.051
1.137
1.169
1.090
0.197
1.137
1.141
37
2.179
Enterprise valueNT$B
0.631
0.582
0.580
0.553
0.512
0.537
0.486
0.514
0.475
0.516
1.362
0.15%
(0.93%)
62
1.808
LT debtNT$B
1.820
1.741
1.800
1.870
2.008
2.074
2.088
2.450
2.514
2.930
1.484
7.85%
5.96%
23
Cost of revenue
3.07%
1.00×
Operating expenses
2.57%
0.95×
Cash and investments
19.99%
Goodwill & intangibles
15.06%
Spread over hurdle
(4.91%)