0.636
RevenueNT$B
2.704
2.861
3.041
3.248
3.438
3.782
4.164
4.434
4.878
5.256
0.677
8.86%
7.68%
78
7.51
Revenue growth%
18.37
18.46
16.38
15.28
12.56
10.68
13.31
12.68
13.10
12.87
15.95
12.87
13.20
34
9.18
Gross margin%
10.63
12.22
14.86
12.19
14.16
15.48
12.86
12.39
14.04
12.85
18.99
12.86
12.85
78
24.49
Operating margin%
0.40
0.40
0.40
0.63
2.01
1.53
1.64
0.40
0.40
1.18
4.86
1.18
0.51
11
18.25
Net margin%
3.33
0.81
0.88
2.02
4.32
5.39
2.71
2.93
4.96
2.54
27.41
2.93
2.82
47
11.32
P/E ratio (avg)x
24.39
27.56
27.76
27.54
26.78
24.56
22.39
25.41
26.26
29.21
21.41
25.41
26.52
27
19.07
EV/EBITx
20.30
21.67
20.23
21.57
20.44
21.01
22.20
21.56
22.53
22.92
35.75
22.20
21.56
85
13.64
FCF yield (avg)%
0.40
1.67
0.57
0.79
0.57
2.31
1.38
0.40
0.40
0.40
5.80
0.40
0.57
70
11.69
FCF margin%
37.26
36.46
38.89
39.11
41.90
40.74
39.75
39.21
40.60
41.95
8.25
40.60
39.48
94
0.349
FCF / Net incomex
0.954
0.977
0.997
1.084
1.216
1.352
1.530
1.696
1.770
1.987
1.779
1.696
1.284
86
18.72
ROIC%
5.45
4.18
4.71
2.04
4.91
5.80
6.29
5.21
6.12
6.39
23.28
6.12
5.33
65
27.61
Return on equity%
20.58
18.08
16.48
15.83
13.25
15.17
15.45
13.75
16.34
14.10
26.72
15.17
15.64
40
2.91
Return on assets%
2.51
5.25
5.67
4.89
3.45
3.75
3.18
0.63
2.61
0.70
4.21
2.61
3.31
16
3.63
EPSNT$
4.57
4.87
5.54
6.00
6.97
6.76
7.81
9.32
11.15
13.33
4.03
13.85%
12.03%
—
11.52
EPS growth%
31.00
30.14
30.06
29.65
29.15
29.10
31.68
32.30
34.73
35.31
24.33
32.30
30.57
22
14.35
Bookvalue per shNT$
15.30
14.78
14.53
15.83
15.45
15.96
15.45
15.19
14.22
16.31
7.95
1.08%
0.47%
—
4.76
FCF per shareNT$
17.37
16.30
16.97
18.10
20.48
20.99
21.76
24.01
26.00
24.15
2.55
3.35%
3.90%
—
2.50
Dividend per shNT$
5.56
6.76
7.36
7.96
9.29
10.48
11.36
13.68
15.34
16.64
6.09
12.36%
12.09%
—
13.10
Div yield (avg)%
15.24
14.92
12.15
14.33
15.33
17.54
15.65
14.36
16.22
17.59
2.74
16.22
15.28
90
21.27
Payout ratio%
15.38
12.89
12.29
14.78
12.06
13.25
12.49
11.03
13.01
13.40
25.42
13.01
12.95
78
91.18
Shares (diluted)M
88.69
84.74
85.66
90.46
101.7
101.5
94.44
93.86
107.3
122.4
92.13
3.79%
2.66%
70
27.49
Buyback yield%
16.09
13.95
12.66
14.88
15.48
14.07
14.11
13.78
11.83
12.48
22.27
13.78
14.01
24
1.266
D/E ratiox
1.749
1.770
1.789
2.073
1.977
2.069
2.037
2.000
2.081
2.153
0.354
2.069
2.019
9
0.321
Enterprise valueNT$B
2.005
2.169
2.012
2.031
1.853
1.675
1.745
1.580
1.622
1.494
3.959
(4.22%)
(3.13%)
5
3.040
LT debtNT$B
4.136
4.739
5.484
6.251
7.154
8.506
8.194
9.293
10.65
11.66
1.967
10.26%
11.39%
54
Cost of revenue
7.68%
1.00×
Operating expenses
7.43%
0.98×
Goodwill & intangibles
18.36%
Spread over hurdle
(0.74%)