1.003
RevenueNT$B
1.468
1.552
1.643
1.725
1.877
2.022
2.197
2.359
2.570
2.735
1.120
7.82%
7.33%
93
3.71
Revenue growth%
15.62
15.31
14.88
17.41
20.18
20.33
23.11
24.28
24.04
22.09
11.94
23.11
20.26
50
27.98
Gross margin%
5.46
3.44
3.10
2.82
4.23
6.25
4.33
2.78
3.53
3.84
5.88
3.84
3.68
48
26.65
Operating margin%
9.77
8.12
7.39
5.04
2.43
3.86
5.10
6.68
7.57
6.55
27.18
6.55
6.61
67
3.04
Net margin%
32.24
32.63
31.42
28.49
28.04
26.02
23.82
22.88
22.40
22.71
29.94
22.88
27.03
35
37.32
P/E ratio (avg)x
22.37
24.77
23.69
25.86
26.16
26.23
30.37
33.96
33.57
32.22
21.96
32.22
26.19
63
10.60
EV/EBITx
29.60
32.34
31.63
36.31
40.00
40.71
44.10
51.21
52.36
60.02
32.85
51.21
40.35
75
9.19
FCF yield (avg)%
24.35
21.89
24.39
22.53
20.94
23.75
23.43
26.20
24.80
23.31
15.83
23.75
23.59
14
7.42
FCF margin%
15.71
18.50
17.82
19.36
18.99
17.99
16.98
17.95
18.22
19.21
7.32
17.99
18.11
34
1.010
FCF / Net incomex
0.564
0.496
0.524
0.518
0.500
0.454
0.481
0.527
0.569
0.605
0.639
0.527
0.521
9
17.80
ROIC%
32.87
33.25
35.64
38.06
39.45
40.11
43.03
42.60
42.86
45.84
18.35
42.86
39.78
64
17.15
Return on equity%
26.19
25.92
28.70
28.83
31.72
32.07
33.28
30.98
29.69
30.76
25.99
30.98
30.23
57
4.39
Return on assets%
7.83
8.18
6.98
9.68
8.86
7.91
9.43
10.59
8.02
8.70
4.63
8.70
8.44
51
6.81
EPSNT$
4.49
4.47
5.14
4.84
4.85
5.54
6.06
6.54
6.17
6.61
7.32
6.38%
5.15%
—
14.83
EPS growth%
12.29
13.09
10.48
12.19
10.87
10.27
9.95
12.00
14.02
14.18
4.73
12.00
12.09
27
8.10
Bookvalue per shNT$
9.63
9.63
10.16
10.34
12.12
12.84
12.94
14.27
15.58
18.50
2.31
8.82%
8.10%
—
1.58
FCF per shareNT$
4.05
4.20
3.76
3.73
3.58
3.18
3.10
3.25
3.14
3.12
3.44
(2.74%)
(2.63%)
—
4.57
Dividend per shNT$
8.22
8.24
9.66
9.85
11.90
12.89
12.54
14.59
17.17
17.25
3.60
7.70%
8.32%
—
27.09
Div yield (avg)%
19.12
17.56
15.66
17.23
15.20
15.92
14.27
14.46
13.98
11.39
10.62
14.27
15.43
70
10.57
Payout ratio%
12.23
10.51
8.84
9.08
6.30
8.61
7.22
4.45
3.59
3.12
29.09
4.45
7.91
87
112.3
Shares (diluted)M
153.6
170.1
178.2
202.2
199.9
226.5
244.7
263.9
267.0
294.3
110.5
8.04%
7.48%
9
27.36
Buyback yield%
26.31
28.03
25.59
25.50
24.31
26.41
28.97
29.65
27.21
27.42
9.66
27.42
26.81
92
1.582
D/E ratiox
1.271
1.425
1.653
1.536
1.573
1.609
1.799
2.019
1.968
1.876
1.035
1.876
1.631
94
0.269
Enterprise valueNT$B
3.365
3.484
3.562
3.661
3.526
3.665
3.712
3.858
3.998
4.272
0.580
3.92%
2.99%
27
0.527
LT debtNT$B
2.611
2.538
2.649
2.867
3.288
3.364
3.875
3.639
4.084
4.382
1.878
5.91%
6.25%
54
Cost of revenue
7.44%
1.01×
Operating expenses
6.86%
0.96×
Spread over hurdle
11.09%