1.375
RevenueNT$B
1.708
1.721
1.726
1.792
1.805
1.871
1.937
1.952
2.005
2.052
1.502
2.59%
2.08%
31
23.79
Revenue growth%
37.57
37.93
40.03
38.90
39.83
41.13
40.70
41.96
40.02
40.55
9.01
40.70
40.02
40
29.55
Gross margin%
11.39
8.69
6.93
4.08
5.14
4.24
6.01
8.03
6.39
5.68
18.40
6.01
6.20
65
27.72
Operating margin%
29.40
30.54
28.61
30.53
32.53
33.18
32.20
32.82
30.36
30.07
14.29
32.20
30.54
80
12.01
Net margin%
8.80
8.46
8.23
6.67
6.13
5.74
4.97
5.63
8.62
7.04
20.85
5.74
6.86
41
13.77
P/E ratio (avg)x
28.39
26.48
28.36
26.32
23.78
21.98
21.01
20.93
18.54
18.36
28.90
20.93
22.88
65
17.84
EV/EBITx
15.37
17.57
19.66
19.01
18.68
21.02
23.98
25.41
28.88
30.43
9.342
25.41
20.34
32
6.84
FCF yield (avg)%
25.16
24.97
22.79
21.01
19.35
16.52
19.41
18.92
17.32
20.15
11.49
18.92
19.78
50
12.88
FCF margin%
24.25
24.29
22.20
25.12
25.05
27.03
27.67
28.78
26.83
28.74
27.49
27.67
25.97
61
1.142
FCF / Net incomex
0.825
0.852
0.767
0.788
0.727
0.702
0.703
0.740
0.663
0.660
1.376
0.702
0.734
54
4.14
ROIC%
11.68
13.41
14.97
14.12
13.53
11.76
11.30
12.73
10.49
11.45
23.36
11.45
12.24
54
10.11
Return on equity%
26.46
24.38
23.09
23.37
24.96
24.36
23.31
22.66
23.39
25.43
17.49
23.39
23.88
72
8.87
Return on assets%
14.46
15.67
14.05
11.47
8.74
8.45
9.69
7.01
5.83
3.84
15.00
7.01
9.21
28
6.40
EPSNT$
13.04
14.00
15.80
16.80
16.75
18.81
19.26
21.75
24.65
26.65
6.84
9.73%
8.65%
—
5.88
EPS growth%
19.36
20.95
20.92
19.87
20.36
21.80
23.93
22.07
23.88
21.04
22.68
22.07
20.99
49
4.74
Bookvalue per shNT$
6.34
6.27
6.39
5.72
5.14
5.50
5.50
5.91
6.36
6.38
10.14
4.44%
0.63%
—
8.75
FCF per shareNT$
4.60
4.32
4.08
3.77
3.41
3.27
3.33
3.59
3.42
3.43
4.39
0.10%
(3.65%)
—
8.60
Dividend per shNT$
11.65
12.56
12.89
12.55
12.38
11.67
11.93
12.25
14.30
15.40
10.22
4.48%
3.72%
—
14.83
Div yield (avg)%
3.67
4.51
2.59
2.28
2.27
0.91
0.40
2.82
2.91
1.85
16.39
1.85
2.44
6
15.17
Payout ratio%
14.45
16.56
17.15
16.39
18.03
16.30
14.94
12.50
14.73
17.06
8.87
14.94
16.35
71
97.57
Shares (diluted)M
113.5
105.6
100.4
92.91
94.25
99.97
105.9
113.8
105.7
104.4
100.7
2.07%
(0.16%)
55
18.54
Buyback yield%
12.42
13.19
10.38
8.20
10.59
9.85
9.97
8.38
10.86
12.41
18.78
9.97
10.48
34
0.532
D/E ratiox
2.345
2.549
2.856
3.328
3.837
4.588
5.138
5.157
5.224
5.399
1.344
5.157
4.213
35
0.122
Enterprise valueNT$B
1.896
2.204
2.229
2.526
2.617
2.530
2.488
2.420
2.825
2.821
1.542
1.51%
4.60%
78
1.699
LT debtNT$B
0.596
0.671
0.625
0.671
0.730
0.810
0.788
0.809
0.779
0.735
1.633
0.13%
1.39%
62
Cost of revenue
1.86%
0.98×
Operating expenses
2.40%
1.03×
Goodwill & intangibles
15.75%
Spread over hurdle
(3.22%)