1.985
RevenueNT$B
1.577
1.645
1.688
1.713
1.772
1.812
1.910
2.004
2.068
2.094
2.057
3.40%
3.26%
59
8.21
Revenue growth%
6.91
9.35
9.56
11.12
8.16
8.42
5.65
3.75
2.28
4.69
13.14
4.69
7.54
33
12.52
Gross margin%
11.32
10.85
10.02
10.23
8.80
6.22
8.78
11.01
9.52
8.42
27.39
8.78
9.77
53
25.78
Operating margin%
13.87
14.67
13.32
10.35
10.20
7.81
9.33
7.29
5.49
4.30
10.97
7.29
9.76
57
15.77
Net margin%
7.90
8.20
10.65
9.09
8.44
10.77
9.80
8.93
6.53
7.78
23.37
8.93
8.68
55
26.68
P/E ratio (avg)x
29.95
29.62
27.70
25.34
26.62
28.81
29.76
27.47
29.67
29.18
25.34
29.18
28.99
13
17.26
EV/EBITx
13.99
16.04
15.96
17.42
19.61
22.08
25.19
25.03
26.40
25.68
34.40
25.19
20.85
70
21.22
FCF yield (avg)%
13.81
16.53
15.50
18.02
17.31
17.10
18.48
20.71
19.84
18.77
20.59
18.77
17.66
26
25.69
FCF margin%
5.61
6.06
9.03
9.43
10.59
11.10
10.95
11.63
14.10
14.05
23.46
11.63
10.77
13
1.606
FCF / Net incomex
0.926
0.886
0.860
0.914
0.783
0.702
0.713
0.643
0.637
0.561
0.520
0.643
0.748
69
4.67
ROIC%
14.20
14.33
13.70
16.05
17.69
19.93
22.72
22.71
20.09
21.59
24.48
21.59
18.81
55
12.21
Return on equity%
9.59
11.77
11.93
10.30
7.86
8.45
11.14
9.87
10.93
12.76
21.81
10.93
10.62
27
9.89
Return on assets%
22.92
20.79
18.79
18.56
18.53
18.43
16.55
19.33
22.32
24.76
20.91
19.33
19.06
68
18.07
EPSNT$
19.58
19.69
19.10
18.27
19.64
18.41
20.70
20.04
20.52
20.95
19.15
1.30%
1.16%
—
14.75
EPS growth%
8.38
8.81
6.60
6.70
7.81
7.16
5.26
7.34
9.61
9.28
5.18
7.34
7.58
16
18.82
Bookvalue per shNT$
15.26
14.44
14.44
16.09
18.51
19.16
18.19
17.83
19.63
21.53
5.21
3.06%
3.68%
—
3.95
FCF per shareNT$
29.38
29.40
29.33
33.90
38.86
46.53
50.20
58.74
70.53
82.71
8.68
16.31%
11.30%
—
14.18
Dividend per shNT$
12.36
13.17
14.70
15.09
16.87
16.18
18.07
18.01
19.52
18.35
4.46
1.69%
4.17%
—
26.60
Div yield (avg)%
6.26
4.72
5.31
3.54
3.95
3.45
2.77
4.69
3.55
5.50
26.75
3.55
4.32
29
15.38
Payout ratio%
18.46
18.08
19.83
18.74
20.90
20.67
22.48
24.33
24.65
26.03
5.91
24.33
20.78
83
44.35
Shares (diluted)M
49.41
53.74
52.98
54.65
52.02
53.00
59.00
62.85
63.99
60.35
42.72
3.02%
2.51%
39
5.42
Buyback yield%
25.67
23.47
24.43
26.15
27.49
24.94
22.17
19.79
21.42
19.48
19.39
21.42
23.95
47
0.820
D/E ratiox
0.129
0.122
0.118
0.126
0.113
0.115
0.104
0.098
0.101
0.101
1.622
0.101
0.114
44
1.594
Enterprise valueNT$B
0.818
0.889
1.061
1.109
1.091
1.305
1.452
1.581
1.566
1.734
2.302
9.71%
8.88%
45
1.447
LT debtNT$B
2.038
2.365
2.687
2.768
3.346
3.633
4.318
5.083
4.947
5.345
1.319
9.82%
10.79%
59
Cost of revenue
3.19%
0.99×
Operating expenses
4.13%
1.09×
Goodwill & intangibles
16.33%
Spread over hurdle
13.28%