1.605
RevenueNT$B
3.230
3.489
3.667
3.880
4.160
4.527
4.923
5.275
5.657
6.122
1.641
8.04%
7.16%
37
11.67
Revenue growth%
4.22
7.04
5.51
6.48
5.98
8.10
9.06
6.27
8.51
6.21
16.06
8.10
6.38
94
2.15
Gross margin%
23.63
25.29
26.84
27.08
27.01
27.24
27.43
30.04
27.45
26.96
5.25
27.43
27.04
82
23.16
Operating margin%
0.40
0.40
2.84
1.61
4.34
5.51
7.88
6.48
5.75
8.19
15.03
6.48
4.92
71
18.69
Net margin%
13.51
15.24
15.33
17.56
19.04
18.11
19.09
16.56
19.56
22.36
19.11
19.09
17.83
67
11.99
P/E ratio (avg)x
32.83
36.74
41.32
38.75
36.34
35.47
38.06
39.29
45.03
42.28
20.16
39.29
38.40
60
31.60
EV/EBITx
13.38
13.99
14.32
16.45
16.06
16.04
17.48
18.45
20.55
23.41
27.81
18.45
16.26
74
23.27
FCF yield (avg)%
10.34
11.04
13.62
12.64
11.50
11.62
10.46
9.29
7.78
6.81
21.75
9.29
10.75
51
5.70
FCF margin%
6.96
7.01
5.86
4.76
4.99
3.95
4.10
5.70
5.95
8.07
8.84
5.70
5.78
53
1.029
FCF / Net incomex
1.140
1.141
1.288
1.269
1.263
1.364
1.481
1.433
1.567
1.637
1.321
1.481
1.326
90
25.41
ROIC%
27.66
28.21
29.18
28.67
28.73
27.74
27.01
24.16
23.49
24.63
19.88
24.63
27.70
24
13.55
Return on equity%
30.09
30.15
31.91
34.06
36.02
33.02
32.47
33.07
31.53
31.21
19.84
32.47
32.19
47
28.40
Return on assets%
7.24
7.68
8.27
9.85
11.14
12.55
14.40
14.56
13.63
11.25
12.25
13.63
11.20
82
3.95
EPSNT$
4.47
5.15
5.72
5.99
6.09
6.54
6.21
6.90
6.62
7.24
4.33
3.53%
5.89%
—
26.20
EPS growth%
15.75
13.67
13.56
10.61
9.87
9.23
9.90
8.43
9.76
9.17
21.01
9.23
9.88
62
1.99
Bookvalue per shNT$
4.53
4.59
4.58
5.23
5.76
5.87
6.58
6.66
6.49
7.12
1.57
4.31%
4.62%
—
3.77
FCF per shareNT$
5.00
5.50
6.27
7.33
7.70
8.13
8.02
9.70
11.54
11.82
3.40
8.94%
10.75%
—
3.71
Dividend per shNT$
2.83
2.95
3.10
3.11
3.36
3.66
3.69
3.23
3.26
3.46
3.26
0.57%
1.66%
—
9.07
Div yield (avg)%
11.01
14.00
15.51
16.35
18.65
16.10
13.68
11.90
9.36
11.37
27.09
11.90
13.84
19
9.58
Payout ratio%
21.27
19.77
20.76
22.83
24.73
24.80
21.88
22.90
24.00
21.54
27.82
22.90
22.35
7
1.034
Shares (diluted)B
1.121
1.220
1.310
1.263
1.258
1.391
1.401
1.369
1.303
1.376
1.031
1.82%
1.71%
88
14.12
Buyback yield%
19.64
20.45
23.22
25.24
26.21
28.61
29.00
28.20
29.36
29.87
27.16
29.00
27.20
34
0.906
D/E ratiox
0.467
0.456
0.462
0.467
0.493
0.574
0.643
0.635
0.616
0.688
1.062
0.635
0.533
94
0.958
Enterprise valueNT$B
4.034
4.302
4.001
3.957
3.917
3.818
4.187
4.634
4.356
4.452
1.568
2.60%
0.81%
25
3.221
LT debtNT$B
4.379
4.335
4.394
3.823
4.151
3.958
4.247
4.305
3.772
3.682
4.494
(2.37%)
(1.51%)
16
Cost of revenue
7.44%
1.03×
Operating expenses
7.05%
0.99×
Property and equipment
20.10%
Spread over hurdle
38.07%