4.563
RevenueNT$B
4.977
5.155
5.556
5.859
6.328
6.623
6.960
7.438
7.732
8.265
4.778
5.48%
5.87%
74
11.50
Revenue growth%
26.53
27.39
24.57
25.15
22.98
25.28
23.23
23.48
23.38
22.85
12.71
23.38
24.03
94
21.29
Gross margin%
11.31
10.62
11.15
9.22
7.13
7.43
8.89
6.83
4.15
5.95
4.61
6.83
8.16
91
12.74
Operating margin%
11.09
8.47
5.51
7.69
10.54
10.41
9.04
6.77
3.92
1.55
3.95
6.77
8.08
70
22.13
Net margin%
2.17
0.46
0.40
3.08
1.54
2.78
0.52
0.40
0.40
0.69
11.59
0.52
0.61
22
25.06
P/E ratio (avg)x
17.27
15.14
13.77
12.62
10.76
11.35
10.71
9.535
9.148
9.849
14.77
9.849
11.05
50
21.87
EV/EBITx
8.158
7.289
7.156
7.675
8.118
8.383
7.359
7.350
6.507
6.866
21.40
7.350
7.355
61
24.68
FCF yield (avg)%
18.95
16.14
14.06
14.51
14.51
15.02
13.62
12.55
13.80
16.69
5.98
13.80
14.51
66
20.83
FCF margin%
6.43
5.34
5.26
7.32
9.15
10.85
13.38
12.05
14.82
13.02
6.04
13.02
10.00
93
1.065
FCF / Net incomex
0.493
0.473
0.445
0.475
0.476
0.444
0.449
0.460
0.517
0.571
1.072
0.460
0.474
21
10.28
ROIC%
24.29
24.00
24.98
24.62
23.97
26.05
23.55
25.25
23.49
22.68
15.59
23.55
24.15
21
3.53
Return on equity%
6.40
8.87
7.27
5.18
8.17
8.68
8.25
6.45
3.95
4.41
2.28
6.45
6.86
19
13.44
Return on assets%
12.01
13.94
11.13
10.08
8.24
9.46
7.47
5.16
4.44
2.36
17.47
5.16
8.85
43
7.90
EPSNT$
8.52
8.43
9.51
10.60
12.42
14.71
16.47
19.99
21.06
24.22
8.50
14.29%
11.20%
—
16.37
EPS growth%
7.87
6.29
3.30
4.56
2.89
3.84
1.75
3.75
6.40
6.10
28.32
3.84
4.20
46
4.38
Bookvalue per shNT$
3.31
3.23
3.31
3.25
3.03
3.16
2.90
3.24
3.47
3.75
11.35
4.34%
0.76%
—
3.01
FCF per shareNT$
11.94
12.08
12.95
13.60
14.92
14.51
14.18
14.27
13.83
14.98
11.54
0.08%
3.47%
—
3.06
Dividend per shNT$
4.25
3.93
4.44
4.43
4.56
4.49
4.24
4.10
4.53
4.78
10.34
0.96%
1.59%
—
23.93
Div yield (avg)%
6.33
7.92
9.41
6.51
6.88
5.68
8.44
6.03
7.77
6.36
6.69
6.36
6.69
32
9.27
Payout ratio%
20.82
20.57
21.36
18.85
19.46
16.49
14.67
13.42
13.22
13.00
6.55
13.42
17.67
50
272.6
Shares (diluted)M
338.3
362.8
415.5
403.2
471.8
510.8
572.7
663.1
671.2
640.2
273.0
6.29%
8.19%
25
18.27
Buyback yield%
31.91
32.57
32.86
31.72
31.93
33.60
36.24
38.68
37.66
35.57
28.96
36.24
33.23
47
0.905
D/E ratiox
0.321
0.296
0.260
0.274
0.246
0.215
0.212
0.225
0.239
0.216
0.678
0.216
0.242
81
5.992
Enterprise valueNT$B
2.620
2.378
2.518
2.478
2.630
2.468
2.210
1.929
1.760
1.676
7.379
(8.62%)
(5.70%)
32
6.298
LT debtNT$B
6.814
7.225
7.634
7.816
7.891
7.844
7.540
8.298
9.705
9.768
6.052
4.36%
3.12%
47
Cost of revenue
5.64%
0.98×
Operating expenses
6.74%
1.09×
Cash and investments
17.47%
Spread over hurdle
21.99%