1.306
RevenueNT$B
1.511
1.605
1.704
1.812
1.908
2.026
2.199
2.350
2.527
2.665
1.349
6.91%
6.62%
10
20.45
Revenue growth%
24.42
24.20
21.91
20.48
20.02
20.96
19.12
20.43
17.47
18.95
22.70
19.12
20.45
33
18.15
Gross margin%
5.51
5.85
6.16
7.38
9.76
11.13
8.17
6.25
8.67
6.55
18.24
8.17
6.96
70
20.63
Operating margin%
14.41
12.88
15.42
17.77
16.13
14.63
12.50
9.70
9.28
10.68
28.79
10.68
13.65
11
5.99
Net margin%
20.23
19.32
20.54
22.09
23.73
23.42
22.58
24.02
22.17
21.74
27.97
22.58
22.13
60
23.21
P/E ratio (avg)x
28.12
28.88
31.00
29.69
31.31
34.13
30.20
33.93
35.97
34.19
16.61
34.13
31.15
78
24.86
EV/EBITx
24.84
23.72
21.38
19.20
18.90
18.84
20.07
19.93
21.36
21.71
25.87
20.07
20.71
40
27.41
FCF yield (avg)%
14.04
14.57
14.33
16.20
15.22
13.45
10.88
9.10
9.92
8.68
16.08
9.92
13.74
45
27.55
FCF margin%
13.93
12.73
12.19
10.29
10.97
12.93
10.03
8.76
10.34
11.07
8.44
10.34
11.02
70
0.444
FCF / Net incomex
0.452
0.400
0.432
0.451
0.428
0.410
0.398
0.399
0.395
0.410
1.277
0.399
0.410
49
21.51
ROIC%
21.57
18.97
18.34
21.14
24.08
21.94
20.98
18.22
17.85
18.24
24.27
18.24
19.97
15
8.13
Return on equity%
16.71
18.13
16.97
16.13
15.86
16.68
18.95
19.81
21.86
21.86
8.89
19.81
17.55
25
26.59
Return on assets%
8.20
9.82
9.50
9.85
9.56
8.94
7.65
9.70
8.63
7.46
10.79
8.63
9.22
38
24.79
EPSNT$
20.88
18.32
15.66
15.95
16.34
17.08
16.54
15.44
15.50
13.29
25.39
(4.05%)
(4.45%)
—
22.29
EPS growth%
11.22
13.78
13.57
14.07
14.38
16.63
16.86
17.04
16.97
16.19
27.53
16.86
15.29
8
32.35
Bookvalue per shNT$
11.36
11.88
12.66
12.41
14.13
13.96
16.04
18.65
18.93
22.19
12.05
9.44%
6.70%
—
17.47
FCF per shareNT$
13.41
14.10
15.68
17.78
20.03
20.13
20.49
23.85
27.47
31.47
36.33
9.45%
9.32%
—
34.41
Dividend per shNT$
29.65
27.87
24.21
26.30
26.41
25.68
24.00
24.15
23.95
21.67
6.95
(3.88%)
(2.86%)
—
22.22
Div yield (avg)%
30.21
31.44
32.85
34.77
36.18
36.20
33.52
36.18
33.49
30.71
18.03
33.52
33.50
65
17.97
Payout ratio%
25.32
24.18
22.83
23.95
21.77
22.65
23.85
23.23
24.41
27.04
13.43
23.85
23.90
44
46.14
Shares (diluted)M
48.11
54.39
55.55
62.70
68.69
65.32
68.92
76.73
79.14
85.43
47.71
4.46%
6.29%
80
19.52
Buyback yield%
18.27
17.84
17.44
20.20
23.04
22.62
25.47
25.21
24.08
24.90
26.35
24.90
22.83
64
0.316
D/E ratiox
1.922
2.169
2.457
2.578
2.853
3.399
3.372
3.503
3.590
3.610
0.824
3.503
3.113
44
0.637
Enterprise valueNT$B
3.249
3.236
3.196
3.210
3.611
3.497
3.947
3.960
4.390
5.049
0.281
6.93%
5.59%
72
2.169
LT debtNT$B
2.707
2.649
2.759
2.570
2.346
2.572
2.676
2.812
2.955
2.686
0.784
2.74%
0.30%
87
Cost of revenue
6.40%
0.98×
Operating expenses
6.71%
1.01×
Cash and investments
17.89%
Property and equipment
16.04%
Spread over hurdle
11.81%