1.848
RevenueNT$B
6.378
6.734
6.896
7.184
7.342
7.729
8.105
8.522
8.950
9.318
2.036
4.88%
4.25%
18
25.89
Revenue growth%
22.15
21.14
19.94
18.06
15.26
12.84
11.61
9.29
10.09
9.26
2.61
10.09
14.05
65
23.54
Gross margin%
23.38
22.43
21.43
21.48
24.09
22.17
20.23
22.12
24.35
26.12
7.87
22.17
22.30
71
10.28
Operating margin%
11.15
9.59
8.13
10.36
8.84
8.13
9.76
9.90
9.15
8.01
19.59
9.15
9.37
35
20.80
Net margin%
7.32
9.31
7.34
5.03
7.70
8.75
9.58
9.77
10.87
10.53
13.46
9.77
9.03
29
17.06
P/E ratio (avg)x
27.20
29.04
27.13
26.30
25.80
26.34
25.47
27.14
28.97
28.13
21.07
27.14
27.14
25
36.20
EV/EBITx
56.25
57.66
68.52
73.27
77.10
82.94
93.69
99.95
117.0
135.8
9.930
99.95
80.02
46
16.00
FCF yield (avg)%
13.73
12.16
10.37
11.27
13.17
12.28
10.87
12.23
14.71
13.82
22.23
12.28
12.26
64
27.11
FCF margin%
19.22
18.65
21.16
21.44
23.56
22.34
19.75
18.33
16.70
17.38
10.48
18.33
19.49
9
1.637
FCF / Net incomex
0.529
0.525
0.575
0.652
0.661
0.733
0.704
0.702
0.660
0.681
1.737
0.702
0.661
40
9.24
ROIC%
13.81
14.03
11.23
10.32
9.11
6.87
9.17
7.74
9.38
11.95
11.16
9.17
9.85
27
6.55
Return on equity%
16.69
18.57
20.96
17.97
20.00
20.45
23.40
21.85
19.22
21.41
26.93
21.41
20.22
93
24.49
Return on assets%
14.22
15.00
15.09
17.62
19.72
17.35
18.47
16.44
13.97
12.46
6.39
16.44
15.76
72
20.42
EPSNT$
12.14
11.09
11.60
12.02
10.81
9.35
10.04
10.95
11.98
12.85
22.40
3.52%
1.53%
—
9.40
EPS growth%
20.15
18.94
17.07
15.41
16.75
15.36
14.25
15.05
13.62
12.97
22.38
14.25
15.38
45
28.03
Bookvalue per shNT$
26.73
28.59
28.14
28.89
28.73
30.06
30.78
30.21
35.08
35.23
8.63
4.17%
2.71%
—
5.02
FCF per shareNT$
14.80
13.76
12.66
11.32
11.10
11.46
11.52
10.79
9.77
9.94
28.54
(2.19%)
(4.36%)
—
8.81
Dividend per shNT$
8.40
8.52
8.75
10.08
10.51
12.01
11.67
11.57
13.57
15.95
10.42
8.70%
7.79%
—
5.65
Div yield (avg)%
5.32
3.73
5.16
4.67
6.09
3.61
4.22
2.13
1.89
0.40
17.33
2.13
3.98
15
27.49
Payout ratio%
7.36
7.67
9.55
10.75
12.95
11.46
11.30
11.92
12.83
10.04
11.12
11.46
11.02
54
160.1
Shares (diluted)M
306.1
332.5
338.2
332.8
347.8
374.0
361.5
420.6
485.0
468.8
159.9
6.15%
5.50%
82
27.86
Buyback yield%
11.73
10.92
10.97
10.89
7.92
7.53
8.51
7.47
9.01
11.35
2.91
8.51
9.95
82
1.664
D/E ratiox
0.205
0.250
0.292
0.345
0.366
0.422
0.502
0.504
0.499
0.555
1.308
0.502
0.394
32
3.565
Enterprise valueNT$B
8.249
7.836
8.533
8.973
8.575
9.481
10.35
10.08
10.70
10.31
2.724
3.76%
2.03%
25
7.942
LT debtNT$B
11.25
13.01
13.03
13.36
14.12
14.57
16.53
18.18
18.54
19.43
6.233
6.60%
5.71%
88
Cost of revenue
4.25%
1.00×
Operating expenses
3.49%
0.93×
Property and equipment
17.62%
Cash and investments
16.74%
Spread over hurdle
(2.01%)