1.085
RevenueNT$B
1.084
1.114
1.142
1.174
1.253
1.316
1.363
1.458
1.559
1.631
1.117
5.41%
4.82%
61
9.55
Revenue growth%
19.70
19.54
22.14
24.15
25.10
22.41
22.59
21.01
18.81
18.03
5.53
21.01
21.57
73
3.00
Gross margin%
18.19
19.41
17.04
16.51
16.80
14.80
16.90
16.23
17.71
16.96
16.89
16.90
16.93
23
17.74
Operating margin%
23.25
26.10
27.38
28.12
27.37
27.80
30.63
28.06
28.87
27.00
9.32
28.06
27.59
79
26.99
Net margin%
11.09
8.85
9.15
12.08
12.71
13.89
13.97
13.03
10.07
9.67
27.68
13.03
11.58
26
14.22
P/E ratio (avg)x
37.39
38.98
34.87
37.78
42.04
42.88
47.39
42.45
44.64
41.87
6.497
42.88
41.96
70
33.36
EV/EBITx
15.53
16.46
18.47
21.28
22.10
22.35
23.82
23.16
21.90
25.04
20.36
23.16
22.00
70
12.47
FCF yield (avg)%
13.86
11.03
8.34
7.89
10.82
8.69
7.64
10.22
12.25
13.27
4.72
10.22
10.52
54
24.31
FCF margin%
15.73
16.88
17.76
16.46
17.76
19.94
17.77
20.66
18.96
16.84
9.14
18.96
17.76
7
1.613
FCF / Net incomex
1.937
1.749
1.918
1.771
1.528
1.414
1.217
1.166
1.170
1.204
1.121
1.204
1.471
55
6.17
ROIC%
15.94
14.78
16.46
16.87
19.72
21.18
19.81
19.16
18.61
18.25
2.89
19.16
18.43
86
21.60
Return on equity%
14.97
13.29
15.29
12.82
10.20
11.05
11.55
13.07
15.48
18.14
12.97
13.07
13.18
52
23.98
Return on assets%
3.03
2.02
1.11
2.85
1.10
3.32
2.41
2.88
3.24
0.43
2.53
2.88
2.63
71
2.87
EPSNT$
4.01
4.57
5.23
5.65
5.71
5.96
6.80
7.09
7.01
8.03
2.99
7.05%
6.83%
—
16.08
EPS growth%
12.22
13.81
13.31
11.58
8.97
9.81
10.89
11.22
9.48
8.03
17.78
9.81
11.06
87
7.32
Bookvalue per shNT$
9.21
9.27
9.55
10.59
11.14
11.10
11.86
11.90
13.24
13.46
5.99
3.86%
3.84%
—
11.40
FCF per shareNT$
4.15
3.99
3.97
3.80
3.87
3.60
3.22
3.19
2.83
2.84
2.84
(6.01%)
(2.70%)
—
5.26
Dividend per shNT$
13.72
14.59
14.66
16.93
18.69
18.50
19.07
20.55
22.20
22.12
8.78
3.43%
6.31%
—
15.07
Div yield (avg)%
26.42
27.94
30.86
31.22
29.17
28.02
25.11
23.16
20.50
20.32
15.98
23.16
27.18
62
10.12
Payout ratio%
30.22
29.18
28.82
27.95
26.02
24.09
21.26
24.19
26.58
24.13
29.39
24.13
26.30
89
94.54
Shares (diluted)M
87.90
95.93
103.3
108.0
119.0
136.5
142.8
143.4
138.0
147.4
95.99
4.36%
5.45%
78
5.41
Buyback yield%
24.82
26.15
26.28
28.75
27.09
26.13
23.96
21.94
21.76
18.92
8.91
21.94
25.47
36
1.706
D/E ratiox
2.365
2.419
2.343
2.545
2.802
2.952
3.402
3.852
4.468
4.373
0.697
3.852
2.877
51
0.772
Enterprise valueNT$B
0.510
0.514
0.602
0.719
0.700
0.836
0.972
1.065
1.028
1.093
0.244
9.31%
8.81%
45
851.8
LT debtNT$M
237.0
255.7
277.3
287.0
315.2
315.5
376.4
434.2
455.6
543.7
231.3
11.52%
10.43%
55
Cost of revenue
4.88%
1.01×
Operating expenses
5.07%
1.02×
Cash and investments
18.38%
Property and equipment
13.45%
Spread over hurdle
19.75%