3.101
RevenueNT$B
2.834
2.912
3.023
3.089
3.241
3.412
3.488
3.680
3.757
3.850
3.431
3.51%
3.68%
87
5.60
Revenue growth%
22.90
25.60
24.33
27.15
26.13
25.59
22.74
24.51
24.05
22.66
5.67
24.05
24.42
60
29.75
Gross margin%
13.87
16.36
16.61
16.60
17.93
17.88
14.96
12.45
14.57
12.61
29.32
14.57
15.66
71
7.86
Operating margin%
3.14
2.61
3.38
0.90
0.40
0.40
2.02
1.71
0.40
0.40
5.79
0.40
1.31
70
4.69
Net margin%
6.14
4.58
1.89
1.20
2.58
4.62
7.21
4.76
2.74
0.40
7.86
4.62
3.66
78
28.35
P/E ratio (avg)x
26.09
29.57
32.16
31.94
30.26
28.04
28.16
29.85
32.73
35.85
34.76
29.85
30.06
93
36.06
EV/EBITx
38.64
43.26
50.01
58.31
63.20
64.18
70.72
67.24
67.17
70.56
17.41
67.24
63.69
75
7.39
FCF yield (avg)%
22.11
22.10
24.99
26.80
27.38
28.89
29.12
30.68
29.00
31.87
2.02
29.12
28.13
57
16.65
FCF margin%
16.56
16.50
14.29
14.28
15.07
13.67
13.33
14.23
15.32
12.51
7.18
13.67
14.28
68
1.412
FCF / Net incomex
1.031
1.158
1.322
1.497
1.716
1.727
1.754
1.938
2.052
2.228
0.601
1.938
1.722
19
18.53
ROIC%
9.88
7.32
4.86
6.08
8.12
9.26
9.10
9.97
7.89
5.40
28.19
9.10
8.01
10
8.76
Return on equity%
27.10
26.15
25.11
26.39
25.88
26.62
25.51
23.81
26.06
28.70
16.48
26.06
26.10
92
5.45
Return on assets%
23.99
26.84
28.21
30.10
29.11
30.83
30.76
33.56
32.72
30.27
8.01
30.83
30.18
26
9.62
EPSNT$
10.55
10.73
11.97
12.53
12.71
12.57
13.81
13.61
12.90
14.33
10.70
2.42%
2.39%
—
20.98
EPS growth%
0.40
1.91
3.01
0.78
0.40
3.30
5.99
8.52
7.55
10.30
21.08
7.55
3.15
51
6.45
Bookvalue per shNT$
1.70
1.81
1.96
2.15
2.33
2.16
2.33
2.24
2.44
2.24
8.96
(0.74%)
2.82%
—
5.82
FCF per shareNT$
2.83
2.52
2.38
2.10
2.06
2.09
2.22
2.04
2.18
1.98
8.55
(0.83%)
(3.55%)
—
5.45
Dividend per shNT$
5.65
5.18
5.66
5.92
6.61
6.07
5.82
5.84
6.58
6.21
10.83
(1.24%)
1.04%
—
19.19
Div yield (avg)%
22.52
22.57
23.22
25.50
23.05
26.02
23.53
25.76
23.11
24.38
8.98
24.38
23.38
31
24.76
Payout ratio%
26.62
24.73
25.95
27.77
27.34
28.20
30.59
31.52
30.78
33.23
23.74
30.78
27.98
32
151.4
Shares (diluted)M
180.2
192.1
188.4
214.6
221.3
227.7
222.8
250.6
238.2
263.1
147.2
3.52%
5.11%
36
14.14
Buyback yield%
17.71
20.34
20.32
21.33
19.87
21.03
18.65
17.53
15.20
17.96
16.55
17.96
19.26
18
0.903
D/E ratiox
1.245
1.250
1.201
1.311
1.242
1.166
1.319
1.477
1.395
1.271
0.165
1.319
1.260
21
1,693
Enterprise valueNT$M
287.9
284.6
325.3
319.9
348.6
408.5
455.9
480.6
514.7
532.3
846.7
8.83%
6.79%
55
0.479
LT debtNT$B
0.294
0.284
0.250
0.274
0.271
0.295
0.258
0.267
0.265
0.247
1.565
(1.82%)
(1.60%)
44
Cost of revenue
3.62%
0.99×
Operating expenses
4.63%
1.10×
Cash and investments
16.47%
Spread over hurdle
16.18%