1.196
RevenueNT$B
0.783
0.830
0.884
0.955
1.033
1.124
1.216
1.275
1.367
1.470
1.232
7.31%
7.22%
9
19.40
Revenue growth%
16.11
16.08
15.39
15.57
16.75
19.60
20.87
20.13
22.79
21.53
22.69
20.87
18.18
74
17.47
Gross margin%
14.20
16.83
14.53
12.20
14.86
16.40
15.33
17.01
19.40
18.38
20.93
17.01
15.87
16
4.89
Operating margin%
24.96
22.24
21.93
20.88
19.68
20.95
19.30
16.91
14.78
16.72
16.82
16.91
20.28
16
9.42
Net margin%
2.68
3.55
6.10
4.24
4.03
1.28
0.40
2.12
2.09
0.40
26.09
1.28
2.40
82
27.47
P/E ratio (avg)x
23.37
26.19
30.90
34.47
39.76
38.24
35.99
34.79
33.20
31.62
17.01
34.79
33.83
32
15.33
EV/EBITx
59.77
65.31
70.60
75.27
78.61
76.55
82.79
87.56
95.62
107.0
18.87
87.56
77.58
59
27.61
FCF yield (avg)%
0.45
0.40
1.84
3.62
1.64
3.37
1.18
0.40
0.65
0.40
29.23
0.65
0.92
20
20.56
FCF margin%
13.23
13.29
15.92
16.86
15.12
14.01
15.31
14.36
16.83
15.83
11.94
15.31
15.22
31
0.588
FCF / Net incomex
1.406
1.617
1.878
1.858
2.047
2.380
2.608
2.462
2.457
2.590
1.219
2.462
2.213
24
14.39
ROIC%
26.58
25.46
27.55
26.61
28.37
28.84
28.49
27.42
27.22
26.86
23.46
27.42
27.32
12
14.76
Return on equity%
23.78
26.39
28.16
26.28
27.78
30.73
29.86
32.01
31.50
33.20
5.64
31.50
29.01
64
18.21
Return on assets%
13.82
15.23
15.19
12.22
15.10
15.87
15.00
13.69
13.31
11.32
12.12
13.69
14.41
36
2.70
EPSNT$
1.00
1.00
1.07
1.08
1.09
1.17
1.20
1.16
1.16
1.13
3.01
0.67%
1.41%
—
18.41
EPS growth%
7.07
8.45
7.15
9.16
8.67
10.13
9.16
7.66
7.64
7.01
22.37
7.66
8.06
68
0.79
Bookvalue per shNT$
1.25
1.28
1.21
1.29
1.30
1.47
1.61
1.46
1.47
1.40
2.07
1.48%
0.54%
—
2.77
FCF per shareNT$
1.29
1.43
1.59
1.45
1.60
1.55
1.49
1.51
1.62
1.66
0.96
0.74%
2.89%
—
0.68
Dividend per shNT$
4.39
4.18
4.49
5.25
5.92
6.77
7.24
7.13
8.11
9.29
2.98
9.43%
9.21%
—
21.70
Div yield (avg)%
14.31
17.26
16.89
15.65
16.79
15.91
17.78
16.81
16.05
14.90
14.93
16.05
16.42
23
27.09
Payout ratio%
31.28
30.37
28.39
27.53
27.05
26.83
25.42
27.39
25.25
24.92
2.09
25.42
27.22
87
190.8
Shares (diluted)M
189.4
191.3
180.8
204.7
222.8
237.8
246.7
241.6
241.7
253.1
197.1
2.58%
2.37%
55
2.10
Buyback yield%
4.57
5.10
5.72
3.74
1.36
1.11
0.40
2.26
3.61
2.20
28.24
2.20
2.94
94
1.503
D/E ratiox
0.719
0.800
0.909
0.859
0.929
0.935
0.905
0.898
0.822
0.865
0.387
0.898
0.881
85
924.3
Enterprise valueNT$M
133.7
145.3
138.0
145.4
141.6
148.7
145.4
143.7
140.4
150.9
483.8
1.29%
1.59%
38
0.415
LT debtNT$B
0.972
1.039
1.123
1.020
1.091
1.165
1.280
1.345
1.270
1.234
0.450
2.50%
1.83%
8
Cost of revenue
7.15%
0.99×
Operating expenses
8.06%
1.08×
Cash and investments
16.76%
Goodwill & intangibles
14.38%
Spread over hurdle
40.74%