20.40
RevenueNT$B
67.30
71.48
77.59
85.43
92.45
102.5
109.3
119.4
132.6
143.0
21.29
9.12%
8.54%
9
13.39
Revenue growth%
18.97
18.33
20.61
23.18
20.26
22.68
24.57
26.30
29.27
30.64
25.55
26.30
22.93
34
21.55
Gross margin%
16.66
16.10
14.78
13.29
12.60
10.51
10.37
7.96
9.60
8.14
24.19
9.60
11.55
42
22.68
Operating margin%
3.74
5.73
5.42
5.82
4.00
5.94
8.71
11.19
9.68
7.51
25.99
8.71
5.88
21
5.91
Net margin%
0.40
0.45
3.33
2.49
5.37
3.40
3.98
2.20
0.40
0.40
6.05
2.20
2.34
29
17.69
P/E ratio (avg)x
33.98
34.04
39.25
38.28
44.18
50.10
52.52
53.91
56.60
56.23
14.06
53.91
47.14
52
34.30
EV/EBITx
29.94
26.64
27.52
25.81
23.04
24.02
21.23
20.47
19.41
16.90
31.62
20.47
23.53
39
3.76
FCF yield (avg)%
17.85
18.15
18.57
17.04
16.25
19.24
21.32
22.46
24.95
26.46
4.33
22.46
18.90
17
6.78
FCF margin%
18.38
19.14
17.00
19.21
19.34
22.18
22.39
24.06
21.76
22.66
27.63
22.39
20.55
32
0.412
FCF / Net incomex
1.998
2.207
2.309
2.542
2.709
2.815
2.711
2.730
2.565
2.833
0.841
2.730
2.637
34
24.64
ROIC%
4.50
5.37
4.45
2.34
4.99
2.56
0.40
0.40
2.95
3.82
16.43
2.56
3.39
88
11.09
Return on equity%
22.02
23.92
25.99
27.44
29.18
27.67
28.69
29.91
30.37
33.25
9.15
29.91
28.18
79
23.61
Return on assets%
25.14
22.82
22.13
21.19
19.29
18.00
16.21
15.26
15.66
13.32
4.62
15.66
18.64
56
71.49
EPSNT$
34.50
33.50
38.24
44.39
51.29
61.68
74.20
87.56
92.54
100.83
76.62
14.48%
12.39%
—
5.98
EPS growth%
24.35
21.61
18.92
20.75
19.21
20.06
19.94
18.64
15.94
17.48
22.95
18.64
19.58
17
93.00
Bookvalue per shNT$
15.83
14.08
14.93
14.01
14.88
13.37
14.48
15.24
13.83
13.81
26.01
(1.48%)
(2.91%)
—
71.91
FCF per shareNT$
127.97
141.99
139.99
166.73
179.72
212.69
212.21
234.45
260.54
311.49
36.26
11.63%
9.73%
—
18.52
Dividend per shNT$
16.30
16.90
16.38
16.68
17.93
18.02
19.47
18.63
16.55
14.94
88.97
(3.58%)
(2.06%)
—
3.51
Div yield (avg)%
16.45
18.63
20.37
18.18
17.73
19.52
18.90
17.18
16.43
18.79
24.94
18.79
18.40
9
14.24
Payout ratio%
28.83
27.23
30.21
27.78
26.14
27.69
28.91
30.73
29.62
32.32
11.20
29.62
28.87
38
746.8
Shares (diluted)M
756.3
822.8
881.8
805.3
750.2
794.9
754.5
715.8
654.9
739.4
757.5
(0.29%)
(0.88%)
24
7.22
Buyback yield%
32.31
31.74
30.24
31.93
32.61
31.68
31.82
29.43
30.59
29.89
8.79
30.59
31.71
14
0.467
D/E ratiox
0.381
0.412
0.407
0.432
0.475
0.520
0.546
0.591
0.651
0.682
1.269
0.591
0.497
39
91.83
Enterprise valueNT$B
53.08
55.24
53.34
45.42
43.51
37.16
39.37
35.27
36.02
31.01
63.04
(6.54%)
(6.21%)
90
116.9
LT debtNT$B
40.08
39.73
34.38
34.80
35.44
38.28
34.48
35.34
34.27
32.47
8.540
(1.73%)
(1.93%)
9
Cost of revenue
7.98%
0.95×
Operating expenses
9.43%
1.08×
Property and equipment
16.98%
Spread over hurdle
(0.21%)