0.425
RevenueNT$B
1.081
1.164
1.287
1.373
1.490
1.656
1.825
1.987
2.156
2.384
0.435
9.86%
9.26%
64
25.68
Revenue growth%
18.86
21.50
18.54
19.98
18.25
16.30
15.81
14.05
14.48
17.06
2.60
15.81
17.66
56
24.91
Gross margin%
25.99
23.87
22.28
24.25
24.40
24.60
27.45
27.50
27.59
30.05
19.86
27.50
25.30
39
3.33
Operating margin%
11.17
10.82
12.65
11.98
11.62
11.14
11.08
8.83
9.84
8.46
27.68
9.84
11.11
34
18.29
Net margin%
15.84
18.01
15.04
12.67
13.62
16.03
14.24
16.58
14.68
17.42
19.71
16.03
15.44
79
9.528
P/E ratio (avg)x
33.30
32.12
35.06
31.17
30.93
32.20
28.70
30.23
33.13
34.89
24.11
32.20
32.16
55
23.22
EV/EBITx
33.67
38.51
46.53
51.26
54.55
54.35
54.38
61.63
66.19
71.07
9.787
61.63
54.37
35
14.52
FCF yield (avg)%
11.04
13.29
12.27
9.83
8.77
9.76
9.36
8.49
10.25
9.40
16.79
9.40
9.80
73
29.60
FCF margin%
15.87
17.53
19.42
18.04
17.30
17.41
16.40
15.42
15.89
18.72
13.74
16.40
17.36
64
1.714
FCF / Net incomex
2.810
3.207
3.350
3.550
4.170
4.870
4.826
4.666
5.033
5.182
1.565
4.870
4.418
73
4.10
ROIC%
24.77
27.18
28.88
26.32
23.63
23.66
23.36
25.23
28.13
28.26
24.70
25.23
25.78
68
24.12
Return on equity%
16.07
18.53
16.32
17.45
17.71
16.04
19.00
18.59
20.58
23.14
12.88
19.00
18.12
51
26.16
Return on assets%
23.84
23.91
20.92
22.04
22.52
20.58
17.66
19.46
19.66
16.73
18.80
19.46
20.75
49
0.83
EPSNT$
1.95
1.88
1.99
1.83
1.78
1.80
1.73
1.80
1.86
2.09
0.90
3.27%
2.05%
—
8.04
EPS growth%
1.80
0.53
0.40
2.86
3.21
5.03
7.58
6.18
8.20
9.14
23.61
7.58
4.12
61
1.09
Bookvalue per shNT$
0.46
0.41
0.42
0.39
0.39
0.41
0.42
0.44
0.38
0.36
0.84
(1.92%)
(3.89%)
—
0.73
FCF per shareNT$
1.01
0.96
0.94
0.95
0.98
1.05
1.12
1.04
1.05
1.09
0.53
2.05%
0.62%
—
0.33
Dividend per shNT$
1.07
0.98
1.10
1.08
1.02
0.96
0.94
0.94
1.01
1.09
1.15
1.29%
0.69%
—
16.06
Div yield (avg)%
22.62
20.82
20.16
19.52
19.70
20.78
18.08
20.41
19.81
19.73
23.63
19.81
19.98
12
23.51
Payout ratio%
16.82
17.50
17.28
18.86
17.15
14.89
12.66
14.53
12.44
15.43
27.20
14.53
16.13
71
391.1
Shares (diluted)M
487.1
523.7
515.2
519.0
563.5
642.2
677.1
702.1
732.3
820.3
389.3
7.80%
7.01%
90
3.74
Buyback yield%
29.28
26.75
27.87
30.67
28.03
28.79
29.03
31.95
32.23
32.67
18.42
31.95
29.16
83
1.347
D/E ratiox
1.468
1.350
1.416
1.538
1.570
1.619
1.562
1.699
1.592
1.812
1.237
1.619
1.566
74
0.157
Enterprise valueNT$B
1.006
1.167
1.158
1.087
1.174
1.189
1.372
1.470
1.504
1.476
0.104
4.68%
3.57%
83
2.268
LT debtNT$B
1.168
1.073
1.002
0.987
0.976
1.078
1.149
1.190
1.209
1.296
1.534
5.84%
(0.12%)
23
Cost of revenue
9.16%
0.99×
Operating expenses
10.29%
1.10×
Property and equipment
16.55%
Spread over hurdle
(2.34%)