0.274
RevenueNT$B
1.186
1.230
1.311
1.386
1.483
1.552
1.630
1.752
1.809
1.914
0.294
5.23%
5.33%
93
23.92
Revenue growth%
25.88
27.65
29.71
28.55
27.99
25.22
26.84
25.06
22.46
24.63
19.92
25.06
26.36
68
19.25
Gross margin%
6.25
4.19
5.55
2.97
3.36
3.59
5.78
8.20
10.22
8.76
5.33
8.20
5.66
52
19.78
Operating margin%
28.21
27.48
25.68
23.31
22.55
22.15
21.28
21.94
20.56
17.96
20.41
21.28
22.35
35
24.13
Net margin%
24.29
26.50
26.29
26.98
29.52
28.90
26.86
25.26
25.49
27.68
10.61
26.86
26.68
61
20.04
P/E ratio (avg)x
42.43
43.31
46.74
53.84
55.25
62.22
63.35
67.46
72.23
85.82
25.03
67.46
58.74
9
26.10
EV/EBITx
23.95
27.18
26.05
28.84
32.11
29.35
29.06
32.27
30.12
27.79
23.45
29.35
28.95
57
27.26
FCF yield (avg)%
3.93
6.09
5.05
4.59
1.94
2.27
3.68
4.64
2.38
0.40
20.49
2.38
3.81
19
27.72
FCF margin%
19.13
20.18
18.86
21.70
23.31
23.40
24.29
25.24
27.74
25.28
11.96
25.24
23.35
12
1.066
FCF / Net incomex
2.926
2.982
3.542
3.559
3.671
3.493
3.444
3.441
3.508
3.905
0.747
3.493
3.501
67
14.92
ROIC%
9.99
11.61
8.98
7.14
7.81
9.86
10.29
12.91
10.05
11.04
8.45
10.29
10.02
75
26.58
Return on equity%
24.04
23.53
21.84
21.00
20.65
23.25
24.42
24.54
27.36
27.57
13.81
24.54
23.79
88
7.75
Return on assets%
27.11
26.83
27.41
28.35
26.85
29.58
31.05
28.62
28.58
31.40
22.54
29.58
28.46
19
10.62
EPSNT$
42.98
44.68
43.75
48.72
52.54
50.80
58.93
66.08
70.11
83.24
11.68
9.64%
6.90%
—
22.40
EPS growth%
7.54
6.07
6.17
8.78
10.72
12.76
10.87
9.95
7.70
6.26
16.31
9.95
8.24
17
22.91
Bookvalue per shNT$
27.87
33.32
38.65
43.86
46.33
51.22
54.81
54.43
61.98
69.88
8.84
8.57%
10.67%
—
16.77
FCF per shareNT$
23.04
25.71
25.98
28.65
31.62
32.46
36.18
37.43
36.31
35.80
19.62
2.51%
4.48%
—
13.70
Dividend per shNT$
15.53
15.57
14.51
13.61
12.54
11.38
10.52
10.84
9.29
9.74
24.05
(4.93%)
(4.68%)
—
28.50
Div yield (avg)%
12.21
13.47
13.64
11.98
12.30
13.42
13.36
14.00
11.60
10.48
11.39
13.36
12.83
46
19.11
Payout ratio%
0.90
0.40
1.12
0.40
1.57
0.40
0.40
0.40
0.40
0.40
26.11
0.40
0.40
20
84.62
Shares (diluted)M
65.95
64.28
68.61
71.58
65.82
67.88
66.84
59.53
54.11
47.31
83.07
(6.39%)
(3.57%)
41
4.28
Buyback yield%
27.16
28.31
29.87
27.90
29.10
27.29
28.22
29.21
27.72
29.85
29.41
28.22
28.26
89
0.579
D/E ratiox
1.554
1.698
1.889
2.174
2.453
2.564
2.728
2.991
2.927
3.099
1.326
2.927
2.509
9
0.584
Enterprise valueNT$B
0.555
0.654
0.650
0.699
0.823
0.967
1.161
1.197
1.215
1.404
1.468
11.28%
11.25%
88
0.239
LT debtNT$B
1.021
1.179
1.289
1.270
1.176
1.171
1.166
1.252
1.444
1.648
0.245
6.98%
5.91%
53
Cost of revenue
5.60%
1.03×
Operating expenses
5.06%
0.98×
Cash and investments
15.56%
Spread over hurdle
(0.45%)