0.453
RevenueNT$B
0.918
1.000
1.067
1.174
1.255
1.345
1.458
1.593
1.734
1.847
0.491
8.04%
7.91%
46
21.92
Revenue growth%
20.37
22.76
24.02
26.22
23.34
24.44
21.59
19.35
19.22
21.25
29.11
21.25
22.18
23
28.83
Gross margin%
26.53
26.87
29.51
29.31
27.38
30.21
29.56
29.83
30.36
33.33
6.47
30.21
29.53
5
9.96
Operating margin%
16.95
18.45
20.05
21.09
21.97
20.30
20.68
22.67
23.50
20.91
3.05
20.91
20.79
90
12.22
Net margin%
12.82
13.95
15.90
17.87
19.91
17.43
15.89
17.99
16.56
14.00
25.90
16.56
16.23
70
14.85
P/E ratio (avg)x
47.91
52.57
57.85
55.87
63.00
70.32
74.43
71.75
69.10
76.56
20.98
71.75
66.05
14
37.63
EV/EBITx
31.68
33.41
37.39
40.22
43.72
44.26
47.02
53.46
60.00
66.53
28.68
53.46
43.99
71
27.97
FCF yield (avg)%
16.11
17.21
15.05
12.16
15.03
17.24
17.88
17.28
20.04
18.84
28.48
17.88
17.22
54
17.53
FCF margin%
16.71
17.34
19.36
20.58
22.71
21.92
24.25
21.47
24.29
22.71
5.02
22.71
21.70
70
0.211
FCF / Net incomex
0.235
0.228
0.245
0.248
0.250
0.258
0.246
0.266
0.266
0.232
0.431
0.258
0.247
72
25.88
ROIC%
24.36
23.84
22.88
24.21
25.94
28.43
28.61
28.79
30.25
32.93
25.90
28.79
27.18
51
28.48
Return on equity%
34.54
34.13
32.33
35.19
36.94
37.73
34.84
35.33
37.45
35.35
23.60
35.35
35.26
47
15.63
Return on assets%
22.08
22.30
23.78
23.55
22.32
19.59
20.00
18.11
15.57
13.72
10.67
18.11
21.04
44
1.46
EPSNT$
1.10
1.13
1.21
1.31
1.32
1.36
1.36
1.58
1.62
1.52
1.63
2.86%
2.77%
—
12.49
EPS growth%
6.96
4.21
2.88
4.29
6.57
6.91
6.89
9.55
11.50
13.74
10.47
9.55
6.90
48
2.81
Bookvalue per shNT$
1.35
1.39
1.38
1.52
1.64
1.74
1.77
1.87
2.00
2.19
2.58
5.92%
3.91%
—
3.26
FCF per shareNT$
2.30
2.06
2.12
2.23
2.14
1.90
1.74
1.53
1.59
1.58
3.86
(5.93%)
(2.98%)
—
3.03
Dividend per shNT$
0.69
0.71
0.76
0.75
0.70
0.63
0.69
0.65
0.73
0.66
2.44
(1.22%)
(0.56%)
—
14.08
Div yield (avg)%
24.82
25.94
25.05
24.08
22.51
20.61
18.32
17.61
17.37
15.31
6.96
17.61
21.56
51
25.94
Payout ratio%
19.56
22.53
23.58
26.09
27.68
28.20
25.26
22.63
20.61
18.93
15.81
22.63
23.10
87
427.3
Shares (diluted)M
470.5
442.6
445.9
486.4
513.2
523.9
582.8
556.0
521.8
554.6
419.6
1.56%
1.24%
93
20.86
Buyback yield%
9.56
8.85
10.95
10.68
13.04
10.25
10.44
9.56
6.70
7.82
9.61
9.56
9.90
17
1.585
D/E ratiox
0.242
0.229
0.216
0.231
0.218
0.232
0.252
0.264
0.283
0.310
0.163
0.264
0.237
30
2.010
Enterprise valueNT$B
0.707
0.737
0.831
0.902
0.886
0.957
1.130
1.160
1.355
1.609
1.345
12.66%
8.43%
14
825.4
LT debtNT$M
250.3
225.6
210.5
223.9
208.6
208.9
213.8
182.4
197.5
191.6
347.1
(1.69%)
(3.50%)
74
Cost of revenue
7.97%
1.01×
Operating expenses
6.84%
0.91×
Property and equipment
20.95%
Spread over hurdle
19.91%