0.242
RevenueNT$B
1.256
1.287
1.327
1.375
1.420
1.425
1.422
1.475
1.465
1.484
0.270
0.89%
2.05%
69
3.12
Revenue growth%
33.61
32.13
34.18
35.73
36.82
34.77
35.25
36.14
33.74
35.22
14.17
35.22
35.00
38
4.27
Gross margin%
28.26
28.86
27.59
28.79
28.74
26.68
25.90
24.38
24.84
24.96
21.78
24.96
27.13
94
2.31
Operating margin%
12.50
15.34
12.94
10.35
11.04
11.62
12.95
10.60
8.55
8.04
28.20
10.60
11.33
46
16.19
Net margin%
11.57
13.03
13.41
13.08
14.19
13.08
10.28
11.39
12.93
13.69
18.87
12.93
13.05
20
17.20
P/E ratio (avg)x
24.07
22.44
20.13
19.62
21.13
22.60
20.54
19.41
21.65
23.81
15.43
21.65
21.39
21
25.75
EV/EBITx
8.774
10.15
9.732
10.87
11.09
12.28
13.41
14.63
15.04
17.41
7.039
14.63
11.68
63
17.13
FCF yield (avg)%
23.99
22.31
24.89
22.81
22.38
23.30
20.59
18.29
15.57
12.92
4.12
18.29
22.34
5
27.55
FCF margin%
20.22
21.19
20.48
19.85
20.47
17.48
14.70
13.31
14.16
16.03
6.21
14.70
18.66
86
0.245
FCF / Net incomex
2.176
2.061
2.330
2.322
2.216
2.200
2.520
2.666
2.516
2.778
1.019
2.520
2.326
58
10.73
ROIC%
20.59
18.47
17.05
18.09
17.90
16.38
15.94
16.64
18.69
19.22
4.82
16.64
18.00
78
23.41
Return on equity%
14.66
13.17
13.11
15.15
14.48
14.95
16.29
13.82
16.27
16.98
18.14
16.27
14.80
71
22.07
Return on assets%
21.51
24.44
26.93
26.64
28.09
30.67
32.72
34.36
31.85
33.24
8.09
32.72
29.38
41
6.41
EPSNT$
13.24
12.48
12.84
14.25
15.17
14.99
14.75
17.39
19.53
22.50
6.67
8.20%
7.05%
—
23.01
EPS growth%
14.03
12.94
12.02
13.70
15.03
12.20
9.87
7.42
8.47
9.19
9.41
9.19
12.11
27
15.57
Bookvalue per shNT$
5.51
5.83
5.32
5.18
4.52
4.60
4.66
4.62
4.28
3.85
12.75
(3.16%)
(4.76%)
—
17.25
FCF per shareNT$
30.19
29.05
26.90
30.03
33.04
31.77
30.47
34.58
35.77
41.21
11.10
4.52%
3.98%
—
27.58
Dividend per shNT$
22.46
26.28
29.17
29.79
34.93
38.52
36.40
43.03
45.60
49.62
13.03
7.27%
8.77%
—
7.53
Div yield (avg)%
22.38
24.94
26.25
28.17
28.77
26.52
27.08
26.40
28.78
28.40
28.35
27.08
26.80
31
26.17
Payout ratio%
26.84
28.31
28.29
29.31
29.88
28.92
28.42
28.84
29.65
29.36
2.03
28.92
28.88
56
46.32
Shares (diluted)M
41.09
39.03
36.61
34.84
32.99
34.60
35.48
33.23
31.61
32.49
45.14
(0.31%)
(1.68%)
36
7.34
Buyback yield%
9.69
12.19
14.19
14.82
16.24
17.37
18.39
18.59
17.89
18.05
19.97
18.05
16.81
26
1.752
D/E ratiox
1.309
1.375
1.263
1.347
1.345
1.228
1.105
1.071
0.994
1.084
1.238
1.084
1.246
80
1,423
Enterprise valueNT$M
242.2
229.4
217.0
198.7
179.8
163.8
171.1
178.7
164.2
143.0
203.9
(4.48%)
(5.18%)
52
0.475
LT debtNT$B
0.606
0.672
0.801
0.875
0.918
1.095
1.143
1.202
1.378
1.639
1.796
12.28%
10.87%
8
Cost of revenue
1.89%
0.98×
Operating expenses
2.13%
1.01×
Cash and investments
14.32%
Spread over hurdle
37.28%