2.374
RevenueNT$B
5.608
5.928
6.210
6.602
6.846
7.169
7.641
8.035
8.632
9.092
2.606
5.84%
5.41%
10
18.75
Revenue growth%
19.66
20.30
19.97
19.86
21.49
20.31
21.86
24.69
22.97
21.90
6.46
21.90
20.90
28
21.57
Gross margin%
2.21
0.40
2.05
3.08
5.15
2.39
1.18
0.40
0.40
0.40
23.11
0.40
1.62
45
19.62
Operating margin%
7.72
7.79
9.83
8.96
10.64
9.78
7.80
10.08
12.36
9.68
6.90
9.78
9.73
75
9.33
Net margin%
0.62
0.55
0.40
0.40
0.40
2.81
2.62
1.16
0.59
3.22
22.32
2.62
0.61
92
19.53
P/E ratio (avg)x
31.67
34.46
37.19
40.67
44.09
51.39
50.47
54.17
52.64
56.27
23.47
52.64
47.28
76
32.00
EV/EBITx
51.69
53.72
53.58
60.31
64.48
74.47
79.41
86.28
88.33
99.11
19.07
86.28
69.47
17
5.94
FCF yield (avg)%
31.04
29.57
30.74
33.54
33.91
31.99
33.22
30.61
28.23
28.05
6.33
30.61
30.89
85
13.71
FCF margin%
14.88
13.05
12.00
12.26
13.72
12.35
10.41
8.02
7.34
5.17
11.59
8.02
12.13
36
1.706
FCF / Net incomex
0.324
0.300
0.267
0.290
0.296
0.252
0.268
0.285
0.247
0.239
1.283
0.252
0.277
20
9.65
ROIC%
19.00
16.87
18.16
17.63
17.26
17.19
17.35
18.15
21.08
19.14
14.47
18.15
17.89
65
10.47
Return on equity%
24.76
26.81
24.19
23.24
25.45
22.66
20.79
23.63
22.91
21.65
21.47
22.66
23.44
89
14.36
Return on assets%
17.39
15.54
17.64
18.32
15.62
16.59
18.54
19.83
17.57
20.11
5.36
18.54
17.60
69
7.40
EPSNT$
1.90
2.05
1.90
1.79
1.92
2.00
2.12
2.19
2.09
1.97
7.81
0.49%
(0.22%)
—
16.81
EPS growth%
22.97
24.52
25.57
27.97
30.61
30.90
28.45
26.63
26.40
29.08
20.58
28.45
27.30
64
5.63
Bookvalue per shNT$
4.62
5.25
5.04
5.93
6.39
7.38
8.16
9.56
10.04
11.14
9.85
11.76%
10.77%
—
3.78
FCF per shareNT$
10.00
8.90
9.72
10.42
11.06
10.30
9.45
10.27
10.67
10.11
10.35
(1.78%)
0.25%
—
6.01
Dividend per shNT$
13.63
14.15
16.44
19.79
21.89
23.59
24.66
24.21
23.66
25.17
10.75
2.83%
8.29%
—
11.70
Div yield (avg)%
3.69
3.14
0.82
0.40
0.40
2.57
2.44
5.30
3.77
2.68
27.77
2.68
2.63
38
16.86
Payout ratio%
9.57
10.78
11.92
12.73
11.31
9.84
7.26
5.52
6.84
8.08
16.81
7.26
9.71
6
177.4
Shares (diluted)M
258.8
273.9
325.3
356.6
415.9
409.3
476.8
520.5
551.1
592.0
181.1
7.32%
9.96%
30
21.76
Buyback yield%
16.15
18.49
15.99
17.29
20.23
18.41
19.27
18.81
19.85
22.53
14.44
19.27
18.65
13
1.575
D/E ratiox
1.572
1.633
1.604
1.709
1.732
1.846
2.096
2.392
2.596
2.824
0.996
2.392
1.789
15
3.341
Enterprise valueNT$B
5.360
5.606
5.966
6.081
7.044
8.032
8.545
8.821
10.20
11.60
7.899
10.49%
9.45%
65
0.807
LT debtNT$B
9.162
9.116
9.146
9.993
9.976
11.51
13.18
14.42
16.83
18.50
0.980
13.15%
7.20%
49
Cost of revenue
5.61%
1.02×
Operating expenses
5.63%
1.02×
Goodwill & intangibles
15.04%
Spread over hurdle
14.24%