1.927
RevenueNT$B
1.734
1.880
2.003
2.122
2.307
2.504
2.627
2.863
3.115
3.372
1.970
7.88%
7.48%
36
2.39
Revenue growth%
4.36
6.09
4.55
3.96
2.80
3.10
3.35
0.86
0.40
0.40
9.23
0.86
3.22
33
17.39
Gross margin%
29.74
27.78
29.90
28.98
28.79
27.81
26.29
28.09
25.42
27.11
21.98
27.11
27.95
80
11.96
Operating margin%
5.98
5.86
3.58
5.49
8.25
9.26
12.23
14.13
11.27
14.15
11.68
12.23
8.75
44
5.68
Net margin%
27.11
26.53
24.47
22.25
25.09
23.20
21.70
22.52
25.07
25.26
16.06
23.20
24.77
12
34.83
P/E ratio (avg)x
27.07
28.36
31.30
29.68
30.47
30.10
31.42
27.38
26.85
24.04
16.96
27.38
29.02
83
8.266
EV/EBITx
50.95
59.08
55.77
56.78
57.73
55.61
58.76
55.44
55.78
58.36
8.214
55.78
56.28
93
22.96
FCF yield (avg)%
3.39
1.32
1.90
2.04
0.40
2.89
5.39
7.25
6.02
8.03
12.87
6.02
3.14
44
18.62
FCF margin%
15.60
15.88
15.46
13.58
15.45
14.17
14.34
11.67
10.29
7.94
10.38
11.67
14.26
65
0.468
FCF / Net incomex
2.178
2.473
2.483
2.346
2.407
2.585
2.480
2.345
2.316
2.346
1.423
2.346
2.377
49
13.52
ROIC%
3.86
5.72
4.65
6.35
9.17
9.87
11.68
11.74
13.46
16.11
5.44
11.74
9.52
72
4.50
Return on equity%
14.64
15.94
13.64
12.33
14.06
12.67
14.26
13.02
11.68
9.36
22.45
12.67
13.33
66
28.39
Return on assets%
0.75
0.40
3.27
0.43
0.40
0.40
0.76
2.86
3.45
4.54
4.68
2.86
0.75
26
12.02
EPSNT$
25.75
25.39
24.88
28.64
31.00
33.55
31.42
33.63
38.08
39.37
12.27
4.89%
4.54%
—
12.55
EPS growth%
12.44
11.09
11.76
13.28
11.28
13.56
12.51
11.31
11.31
9.74
8.67
11.31
11.54
71
30.12
Bookvalue per shNT$
25.20
23.64
24.23
21.19
21.01
19.22
20.11
19.54
17.75
17.39
6.29
(3.71%)
(4.27%)
—
29.76
FCF per shareNT$
61.53
64.96
78.70
88.62
105.11
105.09
105.35
109.11
107.49
124.12
31.64
3.38%
8.15%
—
20.99
Dividend per shNT$
31.94
35.05
36.80
33.39
34.41
30.71
32.41
28.99
31.12
33.68
26.55
(0.43%)
1.22%
—
16.27
Div yield (avg)%
14.95
17.32
18.53
17.05
17.45
14.51
15.78
15.80
14.56
11.74
22.74
14.56
15.79
84
2.71
Payout ratio%
22.00
19.49
16.89
16.72
15.77
15.40
16.62
19.46
17.31
16.97
17.10
16.97
16.93
42
41.52
Shares (diluted)M
35.61
30.54
26.30
24.42
24.73
24.43
24.90
24.69
22.47
23.75
42.63
(0.81%)
(4.96%)
95
11.84
Buyback yield%
9.88
7.76
8.56
9.03
10.67
9.01
7.71
5.02
8.00
10.95
8.36
8.00
8.78
61
0.455
D/E ratiox
0.539
0.516
0.516
0.575
0.649
0.666
0.648
0.661
0.610
0.668
0.676
0.661
0.629
66
2.003
Enterprise valueNT$B
1.039
1.016
0.998
1.109
1.197
1.136
1.015
1.034
1.066
1.153
2.500
(0.75%)
1.40%
9
2.758
LT debtNT$B
0.688
0.648
0.662
0.763
0.798
0.848
0.846
0.819
0.831
0.893
2.548
2.27%
1.99%
18
Cost of revenue
7.34%
0.99×
Operating expenses
7.76%
1.03×
Goodwill & intangibles
18.31%
Spread over hurdle
13.25%