774.3
RevenueNT$M
504.5
549.0
575.1
604.0
638.4
695.2
757.2
806.9
856.8
926.2
866.9
7.73%
6.77%
41
11.67
Revenue growth%
27.96
27.28
25.82
27.64
29.48
30.77
32.52
35.40
35.67
34.59
19.55
34.59
30.12
15
27.80
Gross margin%
31.37
32.10
34.81
36.13
37.24
37.88
35.10
33.16
33.85
33.81
21.24
33.85
34.33
37
11.36
Operating margin%
17.74
19.01
21.06
22.59
22.82
25.04
24.38
23.80
21.63
24.24
4.01
24.24
22.71
54
3.94
Net margin%
10.33
7.53
6.47
5.90
8.52
8.59
5.82
6.49
5.23
7.68
5.72
6.49
7.01
28
22.92
P/E ratio (avg)x
22.45
25.22
30.27
35.79
42.42
51.25
60.69
64.59
74.83
78.71
16.46
64.59
46.84
27
8.230
EV/EBITx
19.88
20.66
23.93
24.08
23.43
26.87
30.33
29.18
33.40
31.01
35.48
30.33
25.48
40
5.61
FCF yield (avg)%
17.28
18.07
19.95
21.52
23.20
23.55
26.36
29.06
32.04
31.72
24.72
29.06
23.38
36
9.27
FCF margin%
16.58
18.06
16.23
17.05
15.36
12.90
11.60
13.37
13.32
12.91
17.61
12.91
14.36
67
1.454
FCF / Net incomex
0.800
0.836
0.925
0.850
0.829
0.749
0.761
0.837
0.828
0.840
1.293
0.828
0.833
35
5.67
ROIC%
27.66
24.75
27.41
27.89
30.60
31.82
33.24
33.40
33.98
36.25
25.69
33.40
31.21
54
27.95
Return on equity%
15.21
17.30
15.67
14.64
14.26
12.38
12.71
11.01
12.71
14.43
13.31
12.71
14.35
28
6.93
Return on assets%
14.30
13.95
13.53
14.48
14.45
17.15
16.01
15.38
14.42
16.17
7.84
16.01
14.46
17
3.93
EPSNT$
2.81
3.01
3.23
3.28
3.41
3.41
3.77
4.06
4.35
4.71
4.29
6.69%
4.87%
—
9.16
EPS growth%
3.54
5.42
5.46
7.04
9.09
10.86
11.97
13.28
13.71
11.80
20.10
11.97
9.97
12
5.04
Bookvalue per shNT$
8.46
8.48
8.77
9.88
9.93
11.60
13.84
15.19
15.75
17.05
4.07
11.42%
8.02%
—
1.29
FCF per shareNT$
9.91
10.51
10.64
11.38
12.06
11.77
12.57
12.31
13.47
14.47
2.70
3.72%
5.06%
—
3.19
Dividend per shNT$
5.73
5.51
5.50
4.99
4.50
4.56
4.33
3.86
3.69
3.86
3.42
(3.06%)
(2.83%)
—
22.55
Div yield (avg)%
21.66
23.57
23.23
25.63
24.52
22.98
23.89
22.26
25.11
22.31
14.59
22.98
23.40
39
13.87
Payout ratio%
18.24
18.94
18.74
17.30
18.24
17.27
16.55
16.55
17.79
16.14
29.95
16.55
17.55
83
176.1
Shares (diluted)M
248.4
258.1
268.5
310.3
358.9
415.3
424.9
501.6
595.2
682.5
177.3
13.71%
11.41%
86
16.83
Buyback yield%
23.25
25.69
27.83
29.71
31.53
31.13
32.76
30.39
27.89
26.13
17.32
30.39
28.80
6
0.276
D/E ratiox
1.369
1.563
1.806
1.921
2.147
2.382
2.554
2.600
2.652
2.648
0.818
2.600
2.265
93
0.167
Enterprise valueNT$B
1.048
1.005
0.971
1.142
1.302
1.288
1.492
1.636
1.906
2.230
0.755
11.36%
7.56%
59
389.6
LT debtNT$M
690.5
749.1
786.8
849.9
810.5
792.5
756.0
756.8
888.9
980.3
84.28
3.88%
3.29%
58
Cost of revenue
6.71%
0.99×
Operating expenses
7.29%
1.05×
Property and equipment
18.84%
Goodwill & intangibles
15.17%
Spread over hurdle
20.92%