1.009
RevenueNT$B
1.138
1.196
1.259
1.373
1.464
1.559
1.676
1.815
1.941
2.092
1.081
7.40%
6.85%
93
5.82
Revenue growth%
31.42
30.52
29.57
30.65
31.45
31.35
29.81
30.72
32.91
35.12
14.17
31.35
31.03
57
22.52
Gross margin%
13.69
13.55
11.88
9.73
10.41
7.42
9.45
8.16
10.30
8.19
4.22
8.19
10.01
68
4.87
Operating margin%
11.22
12.32
9.85
11.10
11.05
9.38
12.00
12.11
13.48
12.16
26.47
12.11
11.61
25
4.41
Net margin%
22.30
24.24
23.19
24.78
23.77
25.11
22.27
23.49
26.05
26.78
20.25
25.11
24.01
86
22.73
P/E ratio (avg)x
31.78
36.53
37.68
45.26
54.77
57.83
66.71
70.84
76.80
85.92
32.71
70.84
56.30
27
19.12
EV/EBITx
18.25
18.30
17.29
18.40
19.37
19.60
21.09
19.38
19.70
19.28
7.136
19.60
19.32
9
17.65
FCF yield (avg)%
15.71
15.55
13.06
11.63
9.34
7.49
7.85
6.38
5.89
3.72
12.47
6.38
8.59
37
6.68
FCF margin%
4.10
5.75
7.83
6.58
6.23
6.47
5.64
7.55
5.91
3.27
18.53
5.91
6.07
32
0.720
FCF / Net incomex
2.033
2.060
2.019
2.050
2.252
2.600
2.690
3.007
3.435
3.460
1.414
3.007
2.426
10
8.13
ROIC%
26.01
25.15
24.74
23.90
22.90
20.57
20.44
18.69
20.00
17.49
25.33
20.00
21.73
58
7.81
Return on equity%
22.67
21.32
19.21
17.16
16.06
14.33
12.67
12.11
10.92
10.54
9.61
12.11
15.20
90
16.52
Return on assets%
1.85
0.40
0.40
0.40
2.24
4.58
6.54
4.97
6.46
5.66
6.91
5.66
3.41
26
2.08
EPSNT$
2.72
2.86
2.68
2.63
2.59
2.57
2.78
2.92
3.08
3.08
2.21
3.54%
2.35%
—
14.76
EPS growth%
25.53
28.11
25.64
28.41
31.00
29.56
29.41
31.50
30.86
33.56
14.44
30.86
29.48
28
2.30
Bookvalue per shNT$
9.41
10.60
11.51
13.42
13.87
16.23
16.24
17.16
19.84
20.00
4.40
7.59%
7.57%
—
9.53
FCF per shareNT$
9.28
10.37
11.71
12.79
13.23
14.46
15.61
17.91
17.54
17.60
3.50
5.87%
7.47%
—
2.01
Dividend per shNT$
6.46
7.57
8.40
9.21
9.58
9.10
9.37
10.99
10.70
11.59
9.45
3.89%
5.89%
—
15.01
Div yield (avg)%
29.09
28.34
29.83
30.00
27.75
25.21
24.04
22.42
25.37
27.33
4.66
25.21
27.54
88
9.42
Payout ratio%
5.44
4.72
2.69
2.86
5.04
2.98
1.83
0.40
1.70
0.40
27.50
1.70
2.78
11
162.6
Shares (diluted)M
156.5
133.1
119.2
123.8
120.5
124.6
131.7
116.1
108.2
108.5
158.4
(2.08%)
(3.09%)
71
18.26
Buyback yield%
23.17
24.60
21.91
23.21
21.42
22.84
23.17
25.14
27.40
24.41
4.42
24.41
23.19
49
1.760
D/E ratiox
1.780
1.515
1.363
1.421
1.207
1.186
1.054
1.098
1.113
1.007
1.344
1.098
1.197
9
2.215
Enterprise valueNT$B
1.839
1.701
1.848
1.949
1.853
2.045
2.146
2.272
2.068
2.219
0.187
3.68%
1.98%
40
0.467
LT debtNT$B
0.504
0.549
0.569
0.525
0.510
0.522
0.467
0.505
0.520
0.527
1.515
0.67%
0.08%
9
Cost of revenue
6.79%
0.99×
Operating expenses
7.48%
1.06×
Goodwill & intangibles
18.04%
Property and equipment
17.63%
Spread over hurdle
17.11%