1.805
RevenueNT$B
1.911
2.051
2.136
2.297
2.439
2.615
2.695
2.894
3.067
3.218
1.912
5.70%
5.77%
14
16.46
Revenue growth%
2.02
1.15
0.40
2.98
2.64
3.31
3.43
2.39
2.41
4.98
19.21
3.31
2.52
25
5.62
Gross margin%
33.78
36.02
34.01
34.34
37.28
39.52
36.70
33.86
33.06
33.38
19.74
33.86
34.18
89
16.23
Operating margin%
32.38
31.43
31.35
29.93
29.18
29.11
27.81
27.39
26.56
24.35
23.67
27.39
29.14
51
17.75
Net margin%
30.92
31.64
32.35
31.77
29.12
29.37
32.31
34.76
33.75
34.65
26.57
33.75
32.04
87
16.52
P/E ratio (avg)x
18.42
18.39
20.06
20.70
23.13
22.56
22.36
23.69
24.40
24.89
6.281
23.69
22.46
13
30.68
EV/EBITx
20.54
20.85
24.57
27.71
26.72
30.00
30.46
29.88
35.13
36.04
27.66
30.46
28.80
34
28.24
FCF yield (avg)%
22.02
23.38
22.70
23.77
24.07
23.51
25.54
24.98
21.98
20.61
6.68
23.51
23.45
93
26.78
FCF margin%
10.09
12.50
9.94
10.91
9.62
11.77
9.50
10.11
10.43
13.05
17.63
10.43
10.27
49
0.857
FCF / Net incomex
1.268
1.378
1.305
1.433
1.514
1.597
1.849
1.747
1.931
2.071
1.097
1.849
1.556
18
18.65
ROIC%
34.23
36.54
34.70
34.97
32.73
30.65
28.72
31.60
34.23
35.71
20.17
31.60
34.23
6
25.37
Return on equity%
5.48
5.56
7.94
5.42
3.02
3.87
5.85
4.87
5.55
5.84
16.88
5.55
5.52
34
15.83
Return on assets%
4.69
5.89
4.57
7.26
8.18
10.15
9.77
10.65
8.28
10.04
16.81
10.04
8.23
94
8.72
EPSNT$
6.48
7.02
6.73
6.38
6.90
6.49
6.64
6.43
6.11
5.45
9.41
(4.62%)
(2.94%)
—
14.37
EPS growth%
12.60
13.20
15.63
13.12
11.94
14.11
14.83
16.91
15.89
16.13
24.79
15.89
14.47
56
3.77
Bookvalue per shNT$
4.43
4.65
4.22
4.70
5.17
5.50
6.11
6.27
6.78
7.35
10.47
7.27%
6.49%
—
6.51
FCF per shareNT$
7.87
7.18
7.05
6.27
6.22
6.40
5.64
5.92
5.90
6.34
7.31
0.40%
(1.57%)
—
4.68
Dividend per shNT$
8.15
9.10
11.02
11.53
11.79
13.75
16.68
17.79
18.30
21.34
2.04
12.60%
11.19%
—
24.64
Div yield (avg)%
16.01
14.83
13.83
11.86
12.19
11.59
10.42
9.21
11.15
11.56
11.66
11.15
11.72
66
6.69
Payout ratio%
0.40
0.40
0.40
0.93
0.67
0.40
0.40
0.40
3.09
4.99
15.18
0.40
0.40
84
92.74
Shares (diluted)M
142.4
159.6
182.8
177.1
209.4
246.0
239.0
248.6
276.2
262.1
88.75
4.59%
7.99%
15
27.57
Buyback yield%
0.40
0.40
2.52
5.00
6.50
5.08
2.73
2.86
0.53
0.55
11.85
2.73
2.63
51
1.552
D/E ratiox
0.799
0.841
0.748
0.712
0.660
0.631
0.686
0.702
0.701
0.769
0.965
0.701
0.707
91
2.412
Enterprise valueNT$B
0.259
0.264
0.240
0.256
0.249
0.231
0.226
0.240
0.224
0.212
1.062
(3.21%)
(1.54%)
33
2.381
LT debtNT$B
2.198
2.542
2.727
3.131
3.522
4.006
4.777
5.072
5.876
6.968
2.337
14.62%
12.14%
54
Cost of revenue
5.73%
1.00×
Operating expenses
6.38%
1.06×
Cash and investments
15.64%
Spread over hurdle
77.91%