0.954
RevenueNT$B
0.991
1.032
1.036
1.053
1.077
1.089
1.119
1.168
1.219
1.252
1.036
3.07%
2.61%
75
13.98
Revenue growth%
34.95
34.62
37.35
39.87
40.87
43.54
44.55
44.72
45.13
42.71
25.22
44.55
41.79
82
8.22
Gross margin%
0.40
0.40
0.40
3.38
2.00
2.02
1.92
0.40
2.66
2.14
8.96
2.02
1.96
77
14.40
Operating margin%
18.55
18.68
19.52
18.28
15.43
12.48
11.83
10.87
11.67
11.71
28.97
11.71
13.96
57
15.05
Net margin%
20.37
18.39
18.58
18.03
20.79
19.31
20.69
17.90
18.05
17.43
15.86
18.05
18.49
19
36.06
P/E ratio (avg)x
14.93
16.23
17.25
15.70
15.22
15.84
15.07
14.68
13.49
13.39
22.32
14.68
15.14
47
21.42
EV/EBITx
34.82
36.73
36.47
38.51
40.81
44.21
51.07
53.19
61.74
59.82
29.55
53.19
42.51
91
19.44
FCF yield (avg)%
20.48
18.19
16.11
17.52
15.51
17.48
19.89
22.67
21.95
22.16
18.14
21.95
19.04
46
15.70
FCF margin%
21.25
22.92
25.01
25.58
26.77
24.55
25.47
24.09
23.79
25.83
17.24
24.55
24.78
22
1.376
FCF / Net incomex
1.602
1.623
1.473
1.290
1.190
1.073
1.162
1.187
1.040
0.971
1.674
1.073
1.189
71
13.94
ROIC%
29.17
27.07
25.80
25.10
25.10
23.15
20.96
18.41
20.51
22.63
21.31
20.96
24.12
85
4.87
Return on equity%
26.72
29.69
30.10
28.64
30.59
32.35
34.65
35.83
33.01
34.02
11.25
34.02
31.47
33
25.92
Return on assets%
12.80
14.49
13.95
16.34
18.17
15.59
16.81
18.45
21.07
19.42
14.72
18.45
16.57
44
3.80
EPSNT$
7.02
6.35
6.45
7.19
6.60
5.83
5.72
5.17
4.66
4.42
4.19
(7.71%)
(5.55%)
—
22.81
EPS growth%
2.25
4.06
4.76
5.53
4.28
5.86
5.62
7.21
5.42
2.87
24.89
5.62
5.09
90
5.88
Bookvalue per shNT$
9.19
10.59
11.16
11.77
11.65
12.19
13.35
13.30
14.33
14.80
11.01
4.90%
4.38%
—
7.88
FCF per shareNT$
18.60
18.61
19.83
22.53
25.70
28.16
29.87
32.28
37.23
39.28
2.33
8.86%
7.75%
—
2.89
Dividend per shNT$
7.83
8.54
8.53
8.32
8.48
9.05
9.61
10.78
12.13
13.36
2.28
9.51%
5.59%
—
26.06
Div yield (avg)%
13.17
13.45
13.69
14.58
14.57
12.81
10.58
12.22
11.80
13.08
6.18
12.22
13.12
24
7.79
Payout ratio%
22.18
24.56
24.10
26.36
23.99
24.25
23.87
22.79
24.03
23.48
28.17
23.87
24.01
94
66.33
Shares (diluted)M
75.55
84.97
84.37
84.31
87.99
85.45
81.51
83.90
86.72
87.11
67.39
(0.20%)
0.67%
48
10.95
Buyback yield%
26.27
27.73
26.97
27.88
29.43
31.29
30.83
31.70
32.34
33.53
8.01
31.70
30.13
94
0.272
D/E ratiox
1.811
1.778
1.998
1.931
2.152
2.052
2.186
2.319
2.383
2.224
1.640
2.224
2.102
14
0.944
Enterprise valueNT$B
1.599
1.806
2.055
2.257
2.580
2.781
3.209
3.641
4.176
4.716
0.604
12.82%
11.21%
93
772.2
LT debtNT$M
678.1
733.5
767.2
748.1
677.3
646.4
644.6
696.9
692.8
715.5
673.7
1.10%
0.79%
32
Cost of revenue
3.09%
1.05×
Operating expenses
1.90%
0.93×
Cash and investments
20.68%
Spread over hurdle
14.82%