1.842
RevenueNT$B
0.975
1.039
1.142
1.234
1.360
1.485
1.617
1.778
1.917
2.099
1.992
9.07%
8.83%
83
21.70
Revenue growth%
7.53
4.56
2.69
3.07
2.63
1.92
2.12
0.40
1.53
0.40
27.90
1.53
2.38
13
6.40
Gross margin%
19.78
22.46
22.56
24.10
21.40
23.78
21.64
20.83
21.74
23.52
28.14
21.74
22.10
26
7.02
Operating margin%
16.41
15.72
15.00
13.57
13.58
13.24
10.67
12.33
14.81
16.07
20.45
13.24
14.19
76
24.81
Net margin%
26.00
25.91
23.47
23.24
22.96
19.96
17.00
19.39
21.47
21.06
6.97
19.96
22.21
38
10.59
P/E ratio (avg)x
7.814
7.467
6.642
5.948
6.216
5.743
5.610
5.800
6.242
5.593
11.17
5.743
6.082
51
16.00
EV/EBITx
10.26
11.13
10.69
10.35
11.71
14.00
16.53
19.40
20.72
24.77
36.35
19.40
12.86
91
17.52
FCF yield (avg)%
8.67
8.34
9.30
10.52
8.03
9.93
10.16
10.24
8.04
8.63
11.15
9.93
8.99
59
17.88
FCF margin%
7.79
5.38
4.81
5.82
6.18
4.00
3.62
1.31
3.92
2.80
11.30
3.62
4.41
13
0.878
FCF / Net incomex
1.977
2.042
2.289
2.283
2.579
2.802
2.732
2.980
3.078
3.271
1.175
2.980
2.656
40
19.83
ROIC%
34.51
34.37
34.93
33.22
35.44
33.65
36.37
37.83
35.98
38.95
5.81
36.37
35.18
10
11.04
Return on equity%
28.11
25.88
25.01
25.22
22.45
21.76
23.94
23.24
22.35
20.47
25.07
22.35
23.59
55
5.27
Return on assets%
18.97
17.22
17.37
15.76
18.53
18.30
17.90
18.50
18.46
20.94
13.16
18.46
18.38
18
0.26
EPSNT$
1.45
1.53
1.42
1.53
1.51
1.42
1.34
1.42
1.24
1.36
0.29
(2.06%)
0.32%
—
23.22
EPS growth%
21.24
20.60
23.44
24.42
23.31
24.14
23.95
20.96
21.41
22.13
23.52
22.13
22.72
64
0.50
Bookvalue per shNT$
1.01
0.95
0.88
0.86
0.91
0.82
0.84
0.76
0.73
0.70
0.28
(5.08%)
(3.24%)
—
0.75
FCF per shareNT$
2.41
2.84
3.21
3.50
3.68
3.89
4.36
4.87
5.37
5.27
0.84
7.45%
8.20%
—
1.25
Dividend per shNT$
0.44
0.48
0.56
0.61
0.64
0.64
0.62
0.61
0.71
0.70
1.51
1.69%
5.84%
—
9.92
Div yield (avg)%
5.39
2.58
3.90
2.59
1.51
1.13
1.74
1.99
4.34
2.26
18.58
1.99
2.42
73
22.46
Payout ratio%
29.87
28.98
28.88
29.26
31.79
30.80
29.98
27.43
25.02
25.69
7.26
27.43
29.12
26
468.6
Shares (diluted)M
640.5
694.4
702.8
793.3
759.5
784.9
868.3
800.9
790.3
887.8
463.5
3.17%
4.20%
59
3.38
Buyback yield%
6.76
7.62
9.49
12.26
9.70
9.00
11.93
8.98
9.62
9.97
21.65
9.62
9.56
52
0.473
D/E ratiox
0.149
0.144
0.149
0.158
0.147
0.138
0.154
0.141
0.133
0.132
1.431
0.138
0.146
16
0.149
Enterprise valueNT$B
1.459
1.611
1.741
1.949
2.164
2.102
2.270
2.406
2.690
2.721
0.389
4.69%
6.77%
12
0.123
LT debtNT$B
1.935
2.116
2.135
2.178
2.197
2.436
2.572
2.826
3.044
3.433
1.676
9.33%
7.60%
42
Cost of revenue
8.74%
0.99×
Operating expenses
9.47%
1.06×
Cash and investments
18.41%
Spread over hurdle
(0.11%)