1.328
RevenueNT$B
1.477
1.598
1.708
1.802
1.877
1.962
2.049
2.223
2.391
2.558
1.432
6.38%
6.36%
92
7.99
Revenue growth%
21.62
24.14
24.30
21.60
22.37
23.14
25.69
27.95
28.44
25.56
25.56
25.69
24.22
41
28.79
Gross margin%
4.21
4.40
7.34
9.96
10.87
12.31
10.08
9.39
9.29
9.52
22.96
9.52
9.45
71
12.15
Operating margin%
7.10
9.29
8.87
9.45
12.11
9.78
7.16
8.99
6.64
6.69
4.02
7.16
8.93
76
11.89
Net margin%
2.66
3.45
2.21
0.40
0.40
2.63
2.76
2.79
0.40
0.40
4.81
2.63
2.42
22
24.59
P/E ratio (avg)x
23.85
25.78
25.37
27.72
31.08
34.01
36.10
41.56
40.19
40.50
10.32
40.19
32.54
17
15.31
EV/EBITx
38.95
44.20
47.72
50.37
59.90
62.89
62.86
60.76
66.65
73.87
12.04
62.89
60.33
48
9.68
FCF yield (avg)%
21.34
22.19
19.46
19.18
19.84
19.94
22.27
24.39
21.44
19.37
7.51
21.44
20.64
11
15.66
FCF margin%
3.01
0.61
2.82
5.72
3.82
4.18
5.46
4.11
5.21
4.87
18.83
4.87
4.14
67
0.303
FCF / Net incomex
0.865
0.825
0.801
0.802
0.715
0.773
0.751
0.827
0.910
0.892
1.603
0.827
0.814
72
19.83
ROIC%
18.80
20.24
21.88
22.78
25.06
24.68
25.75
24.97
24.49
25.05
29.59
24.97
24.58
54
13.87
Return on equity%
8.10
10.87
12.69
10.39
12.54
13.67
15.18
13.34
11.18
10.25
27.38
13.34
11.86
33
11.83
Return on assets%
3.77
1.71
0.40
2.09
0.40
0.40
0.40
1.17
0.40
0.40
28.57
0.40
0.40
16
7.01
EPSNT$
3.25
3.63
3.44
3.84
3.85
3.99
4.57
4.60
5.24
5.20
7.49
6.19%
4.94%
—
8.75
EPS growth%
32.81
34.00
34.34
35.87
38.80
36.64
37.87
37.27
36.19
36.63
24.02
36.64
36.41
44
3.23
Bookvalue per shNT$
14.10
12.44
11.23
11.94
11.07
10.02
9.18
9.94
10.03
11.18
9.00
0.20%
(2.02%)
—
7.72
FCF per shareNT$
3.34
3.38
3.65
3.93
4.39
4.85
5.12
4.87
5.00
5.32
2.38
3.89%
5.29%
—
11.58
Dividend per shNT$
2.28
2.12
2.13
2.02
1.80
1.88
1.92
2.05
1.82
1.71
5.73
(1.05%)
(3.95%)
—
3.73
Div yield (avg)%
25.33
27.03
27.97
26.45
25.00
26.91
26.87
25.96
26.20
23.32
10.76
26.20
26.33
27
18.35
Payout ratio%
20.69
21.90
20.07
21.47
23.46
25.32
22.37
24.28
21.58
24.55
29.65
24.28
22.14
48
53.70
Shares (diluted)M
90.95
86.81
100.6
107.2
121.8
130.8
124.0
138.4
131.7
153.0
52.79
4.66%
6.19%
85
22.17
Buyback yield%
3.53
0.81
0.40
0.40
0.40
0.40
1.80
3.33
3.13
1.01
13.42
1.80
0.91
52
0.235
D/E ratiox
1.331
1.231
1.180
1.176
1.218
1.325
1.421
1.417
1.494
1.432
1.711
1.421
1.328
16
0.278
Enterprise valueNT$B
1.965
1.915
2.108
2.399
2.559
2.820
2.611
2.791
3.098
3.068
2.486
3.69%
5.98%
82
2.514
LT debtNT$B
1.914
1.811
1.566
1.622
1.696
1.558
1.503
1.278
1.299
1.274
2.629
(5.56%)
(5.33%)
82
Cost of revenue
6.04%
0.97×
Operating expenses
7.07%
1.07×
Spread over hurdle
19.98%