5.806
RevenueNT$B
6.526
6.582
6.832
6.981
7.126
7.230
7.418
7.622
7.824
7.802
6.243
1.83%
2.01%
35
13.63
Revenue growth%
22.60
23.98
22.50
25.44
25.77
27.68
29.69
30.97
33.90
35.87
15.75
30.97
26.72
22
29.55
Gross margin%
3.32
1.14
0.40
1.97
2.14
4.80
7.50
9.20
10.94
13.36
6.78
9.20
4.06
13
26.58
Operating margin%
29.68
28.76
31.32
34.01
32.54
33.50
33.20
32.79
31.22
32.07
5.97
32.79
32.30
87
10.33
Net margin%
5.34
6.09
4.40
7.20
7.79
9.05
8.37
9.82
7.43
5.23
3.22
8.37
7.31
88
16.65
P/E ratio (avg)x
13.55
14.24
14.35
13.61
13.00
11.86
12.41
13.42
11.84
11.29
11.40
11.86
13.21
32
35.02
EV/EBITx
31.35
30.40
27.58
28.63
31.11
31.73
33.01
31.51
28.21
31.49
17.65
31.51
31.23
91
4.80
FCF yield (avg)%
12.85
13.40
10.55
12.65
14.15
12.66
14.94
17.75
18.74
17.19
13.62
17.19
13.77
54
18.38
FCF margin%
23.35
21.43
19.73
21.81
21.21
21.83
20.80
18.71
16.94
17.64
6.09
18.71
21.01
48
1.413
FCF / Net incomex
2.158
2.545
2.988
3.334
3.214
3.184
3.276
3.913
4.379
5.212
0.492
3.913
3.245
68
9.55
ROIC%
22.19
23.72
23.20
20.57
23.48
26.40
24.26
26.83
28.75
31.64
18.07
26.83
23.99
63
26.92
Return on equity%
4.00
5.78
7.49
8.23
6.20
8.63
8.35
11.28
13.74
12.80
6.33
11.28
8.29
54
3.52
Return on assets%
9.34
12.10
13.39
11.06
10.64
11.00
13.93
15.07
14.50
16.49
17.53
14.50
12.75
14
25.91
EPSNT$
26.37
29.62
30.21
35.42
34.31
35.22
34.85
38.56
44.00
43.45
28.02
4.84%
6.64%
—
2.87
EPS growth%
3.46
2.12
0.40
0.40
3.11
4.35
5.83
8.10
6.23
9.07
14.35
6.23
3.90
33
5.36
Bookvalue per shNT$
32.86
33.88
34.18
38.21
43.45
48.03
45.44
52.45
48.65
44.96
10.84
0.68%
4.07%
—
10.95
FCF per shareNT$
25.32
28.43
28.08
27.57
30.32
33.74
31.52
35.09
37.28
41.53
29.52
6.49%
4.13%
—
27.64
Dividend per shNT$
12.11
12.70
11.07
11.44
11.21
11.08
10.83
11.01
11.39
10.75
19.35
(0.85%)
(1.03%)
—
21.26
Div yield (avg)%
17.32
17.42
16.49
19.05
17.17
16.26
17.42
15.46
14.31
11.74
23.71
15.46
16.83
54
26.51
Payout ratio%
12.64
13.28
14.55
15.86
18.05
18.87
19.12
18.35
18.09
20.97
15.75
18.87
18.07
13
166.3
Shares (diluted)M
254.8
249.0
252.9
294.3
325.7
384.9
402.9
444.2
466.4
559.6
167.0
11.43%
9.71%
32
26.55
Buyback yield%
5.50
6.11
6.49
8.15
6.05
5.88
3.28
1.88
2.38
5.10
6.73
3.28
5.69
55
1.205
D/E ratiox
1.211
1.182
1.187
1.217
1.281
1.296
1.241
1.453
1.631
1.684
0.188
1.453
1.261
25
2.511
Enterprise valueNT$B
7.096
8.212
7.869
7.614
8.532
8.057
8.610
9.374
9.336
9.586
4.731
2.36%
2.49%
25
3.178
LT debtNT$B
7.775
8.446
8.604
9.276
9.611
9.437
11.26
12.74
15.53
17.78
1.110
13.10%
10.77%
75
Cost of revenue
1.94%
0.99×
Operating expenses
1.90%
0.99×
Property and equipment
17.94%
Cash and investments
16.62%
Spread over hurdle
57.87%