2.905
RevenueNT$B
3.545
3.714
3.903
4.087
4.253
4.382
4.727
4.866
5.251
5.573
3.015
5.56%
5.40%
12
3.92
Revenue growth%
15.69
14.32
12.51
10.21
10.25
11.17
12.08
9.79
9.47
8.52
5.21
9.79
10.71
82
24.40
Gross margin%
20.09
20.89
20.17
19.25
17.39
14.80
17.08
19.41
18.12
15.22
8.44
17.08
18.69
53
21.37
Operating margin%
13.33
12.95
14.41
11.66
10.03
9.33
6.50
6.63
7.27
4.58
5.11
6.63
9.68
27
27.12
Net margin%
16.72
17.71
20.36
17.82
18.34
15.41
17.15
14.75
15.17
18.09
14.51
15.41
17.43
38
9.471
P/E ratio (avg)x
9.292
9.550
9.463
10.91
10.59
12.09
13.77
13.47
14.47
15.77
14.75
13.77
11.50
66
36.12
EV/EBITx
36.11
34.69
38.61
39.75
38.98
34.97
33.39
31.94
28.37
30.43
22.41
31.94
34.83
26
15.70
FCF yield (avg)%
8.74
6.18
7.51
5.63
4.59
2.40
0.40
0.40
0.40
0.84
14.05
0.40
3.49
75
25.03
FCF margin%
5.55
7.78
5.72
4.36
4.97
7.84
7.68
6.74
5.72
6.19
3.57
6.74
5.96
68
1.232
FCF / Net incomex
0.679
0.635
0.661
0.731
0.734
0.813
0.895
0.870
0.836
0.751
0.623
0.836
0.743
50
16.98
ROIC%
8.47
8.10
10.36
12.19
12.30
12.94
11.77
11.47
13.10
12.95
26.30
12.94
11.98
78
3.76
Return on equity%
0.40
0.72
0.40
0.40
0.40
0.40
0.40
2.88
1.04
3.38
3.25
1.04
0.40
52
16.98
Return on assets%
1.88
1.60
0.40
0.40
0.40
0.40
3.12
1.73
0.51
0.40
22.51
0.51
0.46
51
16.74
EPSNT$
31.13
33.64
33.65
35.97
40.66
43.81
45.75
46.26
51.50
48.78
18.34
3.71%
4.39%
—
15.50
EPS growth%
21.14
23.34
22.83
21.18
20.29
23.21
23.91
25.65
22.80
23.92
19.01
23.91
23.02
39
16.38
Bookvalue per shNT$
3.21
2.86
3.00
2.82
2.76
3.00
2.69
2.61
2.25
2.00
9.87
(6.29%)
(5.57%)
—
18.02
FCF per shareNT$
22.71
20.87
18.87
17.62
20.04
20.91
21.21
22.87
22.16
23.58
24.83
3.30%
0.10%
—
30.81
Dividend per shNT$
21.90
22.62
23.86
25.62
26.61
25.63
24.86
25.41
24.32
22.53
28.07
(3.27%)
0.65%
—
26.69
Div yield (avg)%
7.27
4.27
4.13
6.87
5.08
6.41
4.21
1.42
2.76
0.40
21.52
2.76
4.24
91
26.86
Payout ratio%
28.17
26.63
23.64
25.44
26.91
27.77
27.99
27.23
25.04
27.13
8.13
27.23
27.02
26
61.38
Shares (diluted)M
81.55
91.98
92.09
103.5
119.5
123.2
128.6
127.2
143.6
162.0
61.55
6.27%
8.32%
79
14.45
Buyback yield%
0.66
0.40
0.40
1.43
0.40
1.64
0.40
1.37
3.51
5.41
23.95
1.64
1.01
69
0.857
D/E ratiox
1.409
1.544
1.771
1.829
2.034
2.192
2.405
2.320
2.631
2.620
0.672
2.405
2.113
54
0.853
Enterprise valueNT$B
2.388
2.597
2.932
3.206
3.450
3.408
3.916
4.460
4.697
5.190
5.472
8.51%
9.82%
22
3.882
LT debtNT$B
3.071
3.483
3.866
3.760
4.195
4.487
5.329
5.523
5.771
6.421
5.052
8.89%
9.08%
50
Cost of revenue
5.70%
1.03×
Operating expenses
5.05%
0.97×
Cash and investments
17.93%
Goodwill & intangibles
15.40%
Spread over hurdle
10.35%