5.611
RevenueNT$B
3.066
3.303
3.600
3.952
4.372
4.839
5.342
5.721
6.243
6.629
6.080
8.68%
8.83%
62
29.00
Revenue growth%
19.37
18.96
21.75
23.83
21.15
21.01
23.93
25.60
25.52
26.32
17.61
25.52
22.79
92
2.76
Gross margin%
26.19
28.11
27.02
26.95
24.63
25.91
23.87
23.96
25.09
27.82
29.74
25.09
26.05
81
9.97
Operating margin%
9.76
12.06
12.20
9.67
7.03
7.12
7.90
6.56
7.89
6.20
7.51
7.12
7.89
60
17.20
Net margin%
9.28
7.46
6.48
8.70
8.42
8.44
6.17
5.23
5.09
2.66
22.16
5.23
6.97
5
30.06
P/E ratio (avg)x
17.75
15.80
16.59
15.84
16.75
17.54
18.82
16.23
16.86
14.65
27.42
16.86
16.67
27
18.08
EV/EBITx
22.11
22.02
20.75
22.38
20.13
18.39
19.90
20.14
21.80
22.71
28.85
20.14
21.27
70
29.93
FCF yield (avg)%
8.15
8.25
5.38
2.49
0.40
0.40
0.40
0.40
0.40
1.04
16.82
0.40
0.72
19
6.11
FCF margin%
18.26
15.88
15.31
13.30
11.10
10.14
12.23
12.42
11.06
8.62
6.73
11.06
12.32
66
0.331
FCF / Net incomex
2.282
2.197
1.981
1.993
2.091
1.880
1.941
2.117
1.896
1.998
1.111
1.941
1.995
28
18.86
ROIC%
16.00
16.27
16.18
17.99
16.67
14.48
16.81
16.24
13.46
15.87
8.60
15.87
16.21
80
20.35
Return on equity%
19.68
19.30
20.99
21.79
20.01
21.73
20.92
19.38
21.29
22.49
15.56
21.29
20.95
49
5.29
Return on assets%
27.61
26.91
29.58
32.28
35.24
37.03
38.86
39.67
39.41
38.27
21.05
38.86
36.13
42
12.63
EPSNT$
13.87
13.12
11.40
10.55
10.76
9.64
10.45
11.34
10.88
11.20
13.95
0.81%
(1.83%)
—
15.67
EPS growth%
26.95
26.20
23.71
24.79
25.41
25.54
23.15
22.53
24.19
27.00
14.62
24.19
25.10
86
11.17
Bookvalue per shNT$
15.76
17.62
17.98
17.50
18.69
18.19
20.11
21.56
20.66
23.47
14.52
4.66%
3.64%
—
6.95
FCF per shareNT$
2.76
2.60
2.89
2.80
2.55
2.34
2.50
2.49
2.57
2.55
13.44
0.06%
(0.09%)
—
2.59
Dividend per shNT$
6.26
5.79
5.77
5.56
5.36
5.38
5.90
5.37
4.87
5.34
12.43
(0.06%)
(1.72%)
—
24.87
Div yield (avg)%
13.25
13.60
12.90
14.75
16.47
14.59
16.94
17.54
17.26
19.14
26.21
17.26
15.61
16
17.08
Payout ratio%
12.45
11.84
13.62
14.61
12.19
11.14
12.85
10.81
12.37
10.37
14.41
11.14
12.28
50
297.6
Shares (diluted)M
251.6
270.8
293.2
282.3
269.2
269.8
283.3
301.8
305.0
292.4
298.0
1.67%
1.09%
65
18.79
Buyback yield%
19.03
18.56
16.20
17.11
15.61
17.46
18.86
20.02
19.71
19.38
9.38
19.38
18.71
88
1.322
D/E ratiox
1.624
1.837
2.103
2.055
2.455
2.447
2.371
2.311
2.550
2.924
0.933
2.447
2.341
39
4.829
Enterprise valueNT$B
2.205
2.232
2.070
1.824
1.970
1.867
1.968
2.035
2.122
2.056
5.034
0.85%
(1.05%)
94
1.657
LT debtNT$B
6.692
6.463
7.063
7.026
7.600
7.372
7.511
7.538
6.907
7.442
3.801
(0.42%)
0.04%
68
Cost of revenue
8.83%
1.00×
Operating expenses
9.01%
1.02×
Cash and investments
17.70%
Property and equipment
16.74%
Goodwill & intangibles
16.25%
Spread over hurdle
(3.08%)