0.374
RevenueNT$B
2.448
2.622
2.824
2.931
3.162
3.372
3.579
3.859
4.021
4.182
0.391
5.75%
6.23%
32
15.47
Revenue growth%
28.69
30.11
28.53
27.44
27.40
25.04
24.12
26.93
24.64
27.13
6.30
25.04
27.27
26
8.75
Gross margin%
22.19
23.73
24.76
27.58
28.04
29.00
31.82
29.76
31.08
29.64
6.42
29.76
28.52
24
28.69
Operating margin%
16.74
14.20
16.66
14.41
14.20
15.39
13.73
11.20
8.51
7.00
25.12
11.20
14.20
55
3.14
Net margin%
20.94
21.19
21.68
20.59
21.14
20.66
19.28
17.11
14.80
17.11
12.23
17.11
20.62
52
14.91
P/E ratio (avg)x
46.14
43.93
45.14
43.18
42.48
44.43
44.90
46.53
42.26
47.77
14.64
44.90
44.67
5
27.12
EV/EBITx
31.70
36.82
36.80
36.15
33.80
31.88
35.05
34.81
40.20
44.66
16.01
35.05
35.60
9
6.93
FCF yield (avg)%
4.29
5.78
6.17
7.02
6.47
7.50
9.45
7.17
8.21
6.83
18.88
7.50
6.93
72
20.24
FCF margin%
9.52
7.64
10.14
12.30
13.27
13.57
13.52
16.35
16.19
17.41
22.20
16.19
13.39
49
1.547
FCF / Net incomex
0.760
0.840
0.812
0.842
0.805
0.743
0.789
0.825
0.762
0.841
1.041
0.789
0.808
54
8.40
ROIC%
20.30
18.03
18.34
18.94
21.57
19.23
21.28
19.64
16.65
14.26
3.94
19.23
19.08
91
5.03
Return on equity%
3.75
6.65
4.02
4.07
4.93
5.46
4.69
6.97
8.48
6.04
8.09
6.04
5.20
73
12.98
Return on assets%
12.26
15.14
16.60
15.79
15.83
13.56
12.44
11.20
13.99
16.98
2.45
13.56
14.57
62
6.53
EPSNT$
24.25
23.93
27.24
25.84
28.31
28.81
32.53
31.10
29.16
31.63
6.97
2.24%
2.67%
—
18.21
EPS growth%
25.79
22.95
20.48
23.18
25.14
26.61
24.09
26.80
27.93
25.90
6.58
26.61
25.47
65
24.33
Bookvalue per shNT$
4.10
4.43
4.71
4.11
4.17
3.82
3.36
3.47
2.99
3.02
14.20
(6.27%)
(4.38%)
—
18.84
FCF per shareNT$
15.00
16.95
18.80
17.76
17.91
19.26
21.16
23.18
25.97
25.07
13.80
6.96%
5.70%
—
20.20
Dividend per shNT$
24.03
26.76
28.64
28.52
28.43
27.22
29.46
31.76
36.16
42.67
14.10
8.46%
6.83%
—
27.74
Div yield (avg)%
29.73
28.15
30.77
29.73
29.65
27.15
27.70
25.01
25.32
24.64
13.48
25.32
27.92
90
25.78
Payout ratio%
17.47
14.82
16.03
17.43
15.64
15.36
14.89
17.49
15.73
14.05
15.70
15.36
15.69
75
44.51
Shares (diluted)M
44.85
44.63
41.76
46.18
50.52
46.49
45.60
50.01
48.23
51.53
46.75
0.40%
1.54%
36
13.53
Buyback yield%
5.06
2.33
0.50
2.15
4.52
4.17
4.59
1.82
2.57
1.06
28.11
2.57
2.45
94
0.998
D/E ratiox
1.926
2.238
2.387
2.364
2.425
2.664
3.090
3.485
4.085
4.845
1.032
3.485
2.544
74
3.239
Enterprise valueNT$B
2.812
3.069
2.909
3.324
3.684
3.857
3.642
3.902
4.429
5.072
2.330
6.61%
6.78%
19
3.013
LT debtNT$B
0.434
0.431
0.421
0.404
0.393
0.396
0.425
0.413
0.426
0.399
1.581
0.32%
(0.23%)
29
Cost of revenue
6.27%
1.00×
Operating expenses
6.15%
0.99×
Goodwill & intangibles
14.90%
Spread over hurdle
(3.51%)