3.365
RevenueNT$B
2.629
2.697
2.811
2.901
2.969
3.070
3.273
3.482
3.590
3.730
3.693
4.67%
4.04%
65
2.16
Revenue growth%
21.65
19.33
16.34
16.02
16.26
13.75
14.24
16.95
16.15
19.12
9.77
16.15
16.30
56
20.31
Gross margin%
32.86
34.36
37.32
37.01
38.95
36.58
35.32
35.28
33.50
34.99
18.74
35.28
35.30
20
15.74
Operating margin%
17.11
16.20
15.58
15.67
17.12
17.42
20.08
18.04
18.65
20.70
4.97
18.65
17.27
57
23.42
Net margin%
14.97
15.35
15.24
18.17
16.61
16.76
18.45
18.05
15.20
12.36
6.95
16.76
15.98
86
14.84
P/E ratio (avg)x
32.22
30.44
28.38
27.13
27.32
26.25
29.38
29.52
32.17
32.56
29.79
29.52
29.45
87
19.15
EV/EBITx
39.09
46.33
48.09
46.86
46.99
48.24
55.78
54.87
61.48
61.70
16.68
55.78
48.17
85
8.13
FCF yield (avg)%
6.30
3.33
4.06
5.22
4.19
3.75
4.83
1.88
3.02
5.83
18.22
3.75
4.12
21
5.06
FCF margin%
8.22
8.11
8.17
6.02
4.72
4.63
3.03
3.71
1.18
0.40
19.62
3.03
4.67
67
0.592
FCF / Net incomex
1.451
1.567
1.546
1.559
1.692
1.932
2.268
2.483
2.669
2.920
1.147
2.483
1.812
85
8.02
ROIC%
6.21
8.03
6.72
6.83
9.36
7.96
7.39
7.28
9.06
7.48
27.33
7.48
7.43
20
14.34
Return on equity%
32.88
32.31
30.24
29.35
31.07
30.55
32.10
30.92
32.01
29.66
19.40
30.92
31.00
90
5.25
Return on assets%
19.13
21.94
23.65
23.15
24.70
26.77
28.29
26.50
24.36
26.57
25.01
26.57
24.53
45
42.19
EPSNT$
68.46
80.53
84.99
85.60
84.92
88.56
100.91
120.82
129.58
130.62
44.99
8.99%
7.13%
—
8.30
EPS growth%
5.64
4.09
5.87
4.60
5.42
2.85
3.10
1.08
0.40
2.55
19.90
2.55
3.59
14
43.56
Bookvalue per shNT$
41.77
46.27
50.64
50.93
48.06
52.23
54.39
55.69
55.87
50.33
14.60
0.93%
2.85%
—
10.39
FCF per shareNT$
28.83
31.98
32.43
33.43
35.63
35.81
39.22
41.43
43.27
46.61
23.79
5.52%
5.69%
—
9.50
Dividend per shNT$
36.45
36.73
38.96
37.12
38.41
43.75
50.54
57.81
63.47
73.69
27.21
13.92%
8.86%
—
23.00
Div yield (avg)%
4.16
2.07
0.85
0.40
1.49
3.90
3.41
1.20
0.40
1.06
12.02
1.20
1.35
49
23.39
Payout ratio%
20.77
20.01
20.71
19.55
18.78
16.61
18.86
19.42
16.89
17.82
8.52
17.82
19.14
52
28.72
Shares (diluted)M
27.81
31.15
31.24
34.55
32.01
34.50
33.48
32.92
36.63
37.23
28.69
3.06%
1.88%
7
24.02
Buyback yield%
22.47
19.58
18.66
19.61
18.15
16.14
15.98
15.05
12.27
12.26
15.99
15.05
17.15
8
1.181
D/E ratiox
2.545
2.573
2.994
3.261
3.242
3.567
4.292
4.526
4.978
5.884
0.169
4.526
3.414
87
0.402
Enterprise valueNT$B
5.115
5.237
5.818
6.200
7.046
8.153
8.332
9.351
9.583
9.313
0.520
5.74%
8.10%
31
2.382
LT debtNT$B
3.331
3.667
3.640
3.456
3.431
3.612
4.121
4.270
4.165
4.289
4.031
4.56%
2.07%
23
Cost of revenue
4.24%
1.02×
Operating expenses
2.85%
0.89×
Cash and investments
15.90%
Spread over hurdle
21.41%