1.122
RevenueNT$B
3.265
3.516
3.789
4.181
4.611
4.944
5.273
5.658
6.027
6.397
1.219
6.77%
7.62%
44
21.06
Revenue growth%
11.64
13.67
14.34
16.00
17.80
19.53
16.59
18.06
20.59
19.14
14.87
19.14
17.20
71
23.40
Gross margin%
27.79
29.64
31.13
28.80
28.76
28.62
25.88
25.57
26.61
28.78
8.79
26.61
28.69
52
2.41
Operating margin%
8.65
7.14
6.17
5.37
6.70
6.47
7.93
5.62
3.33
2.19
10.72
5.62
6.32
67
23.76
Net margin%
25.99
26.46
28.01
29.02
29.86
31.82
30.88
28.72
28.94
28.76
7.95
28.94
28.85
25
19.88
P/E ratio (avg)x
37.85
41.03
47.36
56.72
58.56
67.26
73.63
77.18
84.78
91.86
26.22
77.18
62.91
18
14.08
EV/EBITx
34.46
36.68
40.53
45.40
51.20
54.24
53.15
52.08
51.72
54.02
11.06
53.15
51.46
87
6.94
FCF yield (avg)%
5.24
6.22
7.63
8.51
8.68
6.85
3.97
3.97
2.46
0.40
6.20
3.97
5.73
55
27.57
FCF margin%
20.91
19.19
17.08
15.71
12.96
11.61
10.43
9.29
10.97
10.84
8.04
10.84
12.29
66
1.754
FCF / Net incomex
0.351
0.364
0.403
0.443
0.469
0.505
0.501
0.488
0.527
0.590
0.727
0.505
0.478
61
28.26
ROIC%
2.48
0.40
0.40
0.40
0.76
0.40
0.40
0.88
3.84
2.00
19.94
0.88
0.58
84
8.04
Return on equity%
30.05
28.92
27.93
25.65
26.78
26.62
26.03
24.51
21.66
19.26
7.32
24.51
26.32
24
25.47
Return on assets%
30.96
29.70
30.31
28.82
26.86
24.84
27.64
29.26
29.82
31.31
22.59
29.26
29.48
82
2.58
EPSNT$
2.98
3.18
3.65
4.14
4.20
4.34
4.79
5.44
5.13
5.67
2.71
6.20%
7.26%
—
28.67
EPS growth%
20.86
17.90
16.87
17.53
19.35
18.20
18.66
21.54
19.35
20.35
29.13
19.35
19.01
47
2.66
Bookvalue per shNT$
1.66
1.45
1.46
1.37
1.39
1.21
1.18
1.11
1.11
1.10
2.90
(4.63%)
(3.90%)
—
4.32
FCF per shareNT$
2.56
2.86
2.99
2.93
3.27
3.51
3.50
3.39
3.17
3.56
2.89
1.71%
2.41%
—
0.87
Dividend per shNT$
1.64
1.75
1.77
1.72
1.77
1.76
2.01
2.02
2.33
2.21
4.02
4.50%
3.61%
—
4.74
Div yield (avg)%
18.82
18.73
17.48
15.01
13.04
14.59
13.20
14.71
17.30
19.31
24.48
14.71
16.15
39
5.48
Payout ratio%
22.87
21.75
20.29
21.81
19.04
18.88
19.05
19.55
16.85
14.38
10.45
18.88
19.30
61
510.4
Shares (diluted)M
634.9
644.0
668.0
733.6
701.8
671.2
765.4
810.3
881.8
995.0
526.2
7.23%
5.94%
25
23.45
Buyback yield%
15.50
15.19
17.64
20.34
17.90
15.62
13.22
13.15
11.36
12.00
18.03
13.15
15.35
26
1.063
D/E ratiox
0.423
0.370
0.328
0.291
0.313
0.287
0.259
0.269
0.280
0.261
0.958
0.269
0.289
75
7.227
Enterprise valueNT$B
5.827
5.731
5.859
6.188
5.545
5.545
5.219
4.957
4.538
4.175
1.648
(5.52%)
(3.04%)
23
3.440
LT debtNT$B
5.328
4.885
5.446
6.062
6.554
6.950
7.426
7.829
7.434
7.966
5.178
3.98%
4.00%
62
Cost of revenue
7.53%
0.99×
Operating expenses
8.20%
1.06×
Cash and investments
18.73%
Spread over hurdle
(2.88%)