1.447
RevenueNT$B
2.872
2.953
3.023
3.031
3.142
3.266
3.289
3.407
3.410
3.493
1.613
2.14%
2.16%
59
8.71
Revenue growth%
30.14
28.54
30.31
30.16
29.82
29.57
27.40
25.27
23.64
25.94
23.34
25.94
29.06
41
17.02
Gross margin%
21.44
21.89
22.30
21.06
19.56
21.47
20.26
18.30
19.23
19.90
25.59
19.90
20.66
43
26.10
Operating margin%
29.12
28.20
26.74
26.60
28.53
30.12
33.05
30.77
28.08
28.32
14.68
30.12
28.43
20
12.79
Net margin%
24.26
22.59
23.60
24.95
22.44
21.55
20.59
20.89
19.69
17.22
11.05
20.59
21.99
54
15.07
P/E ratio (avg)x
9.397
10.16
9.903
9.672
10.36
11.01
9.498
9.801
9.228
10.04
20.72
9.801
9.852
84
31.84
EV/EBITx
37.37
38.97
40.02
37.27
37.44
34.93
32.39
36.26
38.36
38.65
6.761
36.26
37.40
74
14.42
FCF yield (avg)%
30.17
27.45
30.06
30.54
30.73
31.73
34.35
33.00
30.20
32.49
11.96
32.49
30.63
30
28.32
FCF margin%
9.18
7.35
9.77
10.24
11.40
8.93
6.34
9.04
8.15
9.06
8.63
8.93
9.05
23
0.829
FCF / Net incomex
1.627
1.865
1.818
2.095
2.153
2.576
3.043
3.575
3.476
4.164
0.274
3.476
2.365
88
17.41
ROIC%
8.46
6.23
7.38
7.76
7.92
7.43
9.14
8.42
6.31
7.72
12.15
7.72
7.74
86
13.11
Return on equity%
25.59
25.13
25.83
25.11
25.98
28.57
26.55
29.31
31.92
30.58
12.01
29.31
26.26
73
14.35
Return on assets%
9.37
10.56
8.72
5.80
8.30
9.50
9.05
9.54
7.16
8.83
3.54
9.05
8.94
13
3.86
EPSNT$
5.68
5.79
5.57
5.90
5.65
6.64
7.46
8.36
8.05
8.25
4.31
7.86%
4.73%
—
9.51
EPS growth%
29.94
30.26
30.87
30.90
32.03
31.86
29.14
26.85
23.99
23.27
13.76
26.85
30.10
30
1.17
Bookvalue per shNT$
1.76
1.93
1.77
1.88
1.93
1.74
1.66
1.77
1.65
1.65
0.87
(3.03%)
0.07%
—
3.08
FCF per shareNT$
1.72
1.78
1.78
2.07
2.34
2.28
2.16
2.08
2.27
2.32
1.68
(0.15%)
4.31%
—
3.89
Dividend per shNT$
1.84
1.86
1.93
1.81
1.96
1.94
1.95
2.08
2.34
2.35
1.02
3.72%
2.98%
—
20.02
Div yield (avg)%
7.05
9.97
9.66
7.93
9.94
9.39
12.34
13.79
12.90
9.98
13.90
12.34
9.95
5
9.71
Payout ratio%
11.35
9.16
10.72
8.00
7.41
5.52
6.55
9.50
8.92
10.04
3.61
8.92
9.04
92
263.2
Shares (diluted)M
262.9
243.7
208.8
196.5
206.5
225.3
200.1
188.0
173.2
155.4
253.4
(5.52%)
(4.40%)
35
27.52
Buyback yield%
5.51
3.29
3.17
2.54
1.40
0.57
2.40
4.71
3.33
3.53
21.24
3.33
3.23
23
0.716
D/E ratiox
1.274
1.378
1.528
1.442
1.646
1.604
1.762
1.806
1.874
1.945
1.396
1.806
1.625
88
2.071
Enterprise valueNT$B
2.224
2.053
1.992
1.834
1.757
1.682
1.561
1.505
1.700
1.743
1.679
(0.15%)
(2.56%)
23
0.599
LT debtNT$B
3.667
3.778
3.866
4.362
4.490
4.797
5.721
6.487
7.578
7.835
0.151
11.78%
9.70%
67
Cost of revenue
2.06%
0.99×
Operating expenses
2.39%
1.02×
Property and equipment
16.41%
Goodwill & intangibles
15.97%
Spread over hurdle
(0.92%)