1.036
RevenueNT$B
0.783
0.831
0.890
0.945
1.022
1.113
1.212
1.316
1.413
1.504
1.100
8.03%
7.41%
5
29.80
Revenue growth%
2.81
4.94
3.75
1.35
2.70
2.80
5.17
4.15
5.46
7.78
11.41
5.17
3.95
20
29.62
Gross margin%
13.95
12.40
10.99
11.72
12.10
12.93
11.48
11.14
8.88
6.60
5.23
11.14
11.60
50
27.59
Operating margin%
0.40
1.33
3.71
5.50
4.60
6.09
5.28
7.36
5.07
5.91
5.44
5.91
5.17
6
17.00
Net margin%
4.14
1.78
4.44
1.98
3.40
3.53
1.23
0.40
1.84
0.40
27.19
1.23
1.91
44
20.10
P/E ratio (avg)x
35.15
34.89
36.28
40.06
45.02
48.25
47.52
51.40
54.63
56.08
21.99
51.40
46.27
82
11.20
EV/EBITx
12.76
11.29
11.17
10.88
10.45
9.352
9.320
8.820
7.684
8.300
7.313
8.820
9.902
10
9.48
FCF yield (avg)%
13.00
10.72
12.54
13.51
16.28
13.59
14.14
11.22
10.42
10.39
3.82
11.22
12.77
63
18.61
FCF margin%
6.79
4.76
6.78
8.29
6.67
5.55
2.58
2.30
4.41
1.56
7.49
2.58
5.16
39
1.147
FCF / Net incomex
0.795
0.907
0.897
0.943
1.096
1.075
1.131
1.183
1.199
1.320
1.277
1.183
1.085
35
17.24
ROIC%
18.80
18.59
20.39
19.86
18.81
20.20
22.47
20.41
19.38
17.40
24.80
20.20
19.62
9
16.55
Return on equity%
31.63
30.54
31.12
33.54
33.01
33.40
34.22
34.41
37.22
37.57
26.44
34.41
33.47
66
14.81
Return on assets%
22.10
24.94
24.60
26.49
23.91
22.64
23.25
22.02
20.99
23.25
25.09
22.64
23.25
65
1.36
EPSNT$
2.61
3.08
2.98
3.24
3.12
2.98
3.20
3.58
3.48
4.12
1.51
5.73%
4.78%
—
24.85
EPS growth%
3.09
5.12
2.50
0.40
1.73
1.42
3.97
2.88
1.20
4.04
18.95
2.88
2.69
55
1.55
Bookvalue per shNT$
1.00
1.00
1.04
1.10
1.13
1.07
1.05
1.09
1.15
1.27
0.87
2.47%
3.02%
—
2.44
FCF per shareNT$
2.31
2.41
2.38
2.54
2.74
2.98
3.02
3.04
3.19
3.23
1.04
3.31%
4.44%
—
0.55
Dividend per shNT$
3.30
3.72
3.66
3.78
4.10
4.86
4.89
5.14
5.23
5.44
1.63
5.85%
5.15%
—
21.62
Div yield (avg)%
29.24
30.10
27.55
24.95
24.59
22.15
19.34
16.96
19.29
22.06
7.77
19.34
23.37
6
29.65
Payout ratio%
21.66
22.03
24.69
26.80
26.38
24.81
26.07
23.59
26.43
24.23
14.14
24.81
24.75
93
98.97
Shares (diluted)M
123.7
133.0
146.3
156.8
163.2
190.4
219.5
223.9
245.5
268.3
96.49
10.46%
8.16%
38
16.68
Buyback yield%
20.49
21.05
18.11
16.95
15.78
13.92
12.43
14.01
14.64
14.56
21.34
14.01
15.21
49
0.531
D/E ratiox
1.335
1.535
1.591
1.683
1.969
1.941
1.888
1.842
2.094
2.242
1.068
1.941
1.865
88
0.882
Enterprise valueNT$B
0.957
0.954
1.047
1.134
1.115
1.069
0.984
0.950
0.914
0.937
0.721
(3.42%)
(1.46%)
23
0.372
LT debtNT$B
0.518
0.487
0.540
0.547
0.480
0.444
0.474
0.452
0.420
0.372
1.006
(4.97%)
(3.11%)
52
Cost of revenue
6.83%
0.95×
Operating expenses
7.93%
1.05×
Property and equipment
20.79%
Goodwill & intangibles
18.55%
Spread over hurdle
35.67%