2.502
RevenueNT$B
1.054
1.137
1.226
1.321
1.389
1.451
1.556
1.695
1.796
1.930
2.732
6.81%
6.80%
94
19.16
Revenue growth%
16.33
16.02
16.99
16.34
13.46
10.82
8.45
6.40
6.75
4.27
12.35
6.75
12.14
71
22.06
Gross margin%
13.55
15.57
16.89
16.55
18.37
19.04
18.81
21.22
19.49
20.54
29.08
19.49
18.59
17
20.80
Operating margin%
9.70
7.89
7.57
10.57
9.53
10.15
7.54
6.53
6.86
8.94
13.15
7.54
8.41
85
18.00
Net margin%
17.86
17.44
18.10
18.21
16.47
17.98
20.93
22.73
20.11
22.92
8.83
20.93
18.15
10
21.94
P/E ratio (avg)x
51.52
51.32
56.45
65.50
73.20
75.40
83.67
90.25
104.3
111.4
22.07
90.25
74.30
21
25.60
EV/EBITx
10.38
10.41
10.17
9.885
10.14
10.32
11.48
10.60
11.30
12.56
35.73
11.30
10.39
26
16.01
FCF yield (avg)%
8.08
7.14
6.99
7.04
9.00
9.14
8.95
8.48
6.89
5.00
7.94
8.48
7.61
31
4.91
FCF margin%
26.91
28.67
29.81
28.98
31.36
32.15
32.13
32.71
34.47
35.61
24.14
32.71
31.75
66
1.491
FCF / Net incomex
0.522
0.558
0.521
0.551
0.588
0.599
0.633
0.584
0.549
0.620
0.331
0.599
0.571
90
15.35
ROIC%
14.47
14.45
16.60
15.73
13.00
15.62
16.88
13.88
15.48
13.80
3.03
15.48
14.98
43
22.09
Return on equity%
9.80
11.87
14.05
16.15
14.98
15.57
15.75
18.04
20.08
22.50
21.18
18.04
15.66
69
8.92
Return on assets%
8.71
9.04
8.49
6.52
7.18
7.11
5.81
7.99
8.78
6.57
12.74
7.11
7.58
64
14.92
EPSNT$
30.64
31.88
36.80
42.71
42.68
40.47
41.31
41.61
44.81
45.73
16.10
1.39%
4.59%
—
12.61
EPS growth%
17.15
18.57
15.83
13.15
16.07
17.26
18.97
18.45
17.83
14.90
3.42
17.83
17.20
31
13.50
Bookvalue per shNT$
28.95
29.76
32.47
31.39
36.96
39.35
40.40
44.72
46.38
54.96
22.47
8.26%
7.83%
—
22.25
FCF per shareNT$
11.35
10.72
10.10
9.35
9.78
10.72
11.32
11.40
12.65
13.62
14.96
6.84%
1.23%
—
5.74
Dividend per shNT$
13.40
14.97
17.75
20.72
24.98
27.23
32.85
33.80
37.16
38.93
15.89
9.28%
11.03%
—
26.77
Div yield (avg)%
11.89
14.60
17.29
16.37
17.10
16.45
17.19
15.76
17.08
18.00
6.58
17.08
16.76
46
21.83
Payout ratio%
20.60
21.72
21.24
20.94
21.34
21.98
23.19
24.03
23.00
22.76
24.77
23.00
21.85
86
80.86
Shares (diluted)M
88.85
76.84
77.56
72.64
77.48
80.87
85.57
82.06
89.68
78.01
80.94
0.14%
(0.52%)
91
18.55
Buyback yield%
0.40
0.40
0.40
0.40
2.92
4.04
6.25
7.47
5.62
5.35
17.17
5.62
3.48
84
0.514
D/E ratiox
0.371
0.379
0.415
0.383
0.427
0.460
0.486
0.452
0.514
0.527
1.670
0.486
0.439
92
1.739
Enterprise valueNT$B
1.842
1.696
1.603
1.564
1.432
1.417
1.304
1.403
1.479
1.315
1.011
(1.69%)
(4.11%)
45
1.555
LT debtNT$B
2.753
2.851
3.161
3.329
3.631
3.612
3.888
4.451
4.674
4.838
0.219
5.91%
5.44%
61
Cost of revenue
6.82%
1.00×
Operating expenses
7.49%
1.07×
Property and equipment
16.31%
Spread over hurdle
56.35%