2.463
RevenueNT$B
2.774
2.900
3.053
3.211
3.278
3.387
3.562
3.770
3.880
3.972
2.717
3.92%
4.34%
36
18.91
Revenue growth%
18.31
16.33
17.26
18.51
18.32
17.63
17.00
18.12
18.22
20.99
28.59
18.12
18.17
46
25.13
Gross margin%
32.40
33.43
31.47
30.69
28.38
27.72
28.50
26.25
25.02
25.91
9.05
26.25
28.44
43
5.91
Operating margin%
29.27
29.37
28.95
27.20
25.32
24.52
26.30
28.62
26.33
24.89
16.43
26.30
26.77
25
20.23
Net margin%
11.99
9.32
9.95
9.29
8.59
8.81
10.02
8.39
9.89
8.85
10.56
8.85
9.30
39
29.05
P/E ratio (avg)x
12.22
11.72
11.36
10.63
11.05
12.79
12.19
13.95
16.17
15.76
19.64
13.95
12.20
50
11.56
EV/EBITx
25.95
28.67
31.81
34.60
38.90
38.16
37.18
39.12
42.68
40.81
31.40
39.12
37.67
56
19.34
FCF yield (avg)%
11.83
13.96
13.62
11.88
9.67
7.59
10.12
9.02
9.84
8.54
21.86
9.02
9.98
11
12.70
FCF margin%
4.39
1.68
0.40
0.40
0.40
2.47
0.40
2.26
2.85
5.08
13.37
2.47
1.97
36
0.292
FCF / Net incomex
1.049
0.963
0.865
0.937
0.977
1.027
0.977
0.884
0.974
0.912
1.571
0.974
0.969
56
19.46
ROIC%
26.12
24.55
24.07
24.15
24.54
23.63
25.46
28.14
26.05
27.28
26.37
26.05
25.00
32
25.66
Return on equity%
22.54
24.24
22.05
22.51
20.35
17.41
18.63
18.99
19.16
18.95
4.12
18.95
19.75
45
24.22
Return on assets%
0.40
0.40
0.40
0.40
0.40
0.77
0.54
3.11
2.84
0.87
2.95
0.87
0.47
37
0.85
EPSNT$
0.38
0.35
0.36
0.32
0.32
0.28
0.29
0.31
0.33
0.34
0.91
1.64%
(2.17%)
—
23.99
EPS growth%
25.15
22.91
22.97
21.49
22.07
19.17
21.09
19.24
20.51
19.41
29.54
19.41
21.29
37
0.90
Bookvalue per shNT$
2.49
2.59
2.97
3.05
3.61
3.77
3.72
4.35
5.15
5.50
1.57
8.77%
8.93%
—
0.53
FCF per shareNT$
5.08
5.86
5.87
6.59
7.17
7.62
8.02
8.35
8.36
9.06
2.68
4.81%
7.13%
—
0.61
Dividend per shNT$
0.67
0.62
0.63
0.54
0.49
0.46
0.48
0.47
0.45
0.45
1.97
(2.01%)
(4.46%)
—
26.20
Div yield (avg)%
14.47
12.87
13.91
11.37
13.92
11.14
13.12
11.84
12.33
14.63
15.57
12.33
13.00
64
16.75
Payout ratio%
8.84
10.59
8.42
7.84
9.36
10.21
10.14
7.30
7.27
9.92
9.71
9.92
9.10
59
543.7
Shares (diluted)M
677.5
694.1
723.7
803.7
751.6
818.7
911.9
839.2
922.5
901.2
558.0
3.70%
2.53%
62
28.44
Buyback yield%
35.15
35.85
34.83
37.19
35.13
37.31
35.33
38.07
40.03
39.33
6.49
38.07
36.52
61
1.483
D/E ratiox
2.207
2.595
2.809
3.319
3.792
4.222
4.958
5.047
4.911
5.879
1.647
4.958
4.007
48
1.229
Enterprise valueNT$B
1.056
0.946
0.899
0.947
1.020
1.056
1.034
1.111
0.999
0.952
2.911
(1.38%)
(1.18%)
52
3.405
LT debtNT$B
1.047
1.006
0.950
1.065
1.197
1.240
1.271
1.380
1.325
1.411
0.267
3.35%
4.41%
40
Cost of revenue
4.31%
1.00×
Operating expenses
4.18%
0.98×
Property and equipment
16.42%
Spread over hurdle
(0.69%)