0.657
RevenueNT$B
1.469
1.530
1.608
1.637
1.688
1.778
1.838
1.896
1.933
1.996
0.717
3.40%
3.50%
62
5.30
Revenue growth%
22.16
24.03
25.76
26.43
24.56
25.85
26.45
26.80
28.63
27.18
13.11
26.80
26.14
54
13.54
Gross margin%
9.37
9.47
10.49
8.40
9.41
11.60
14.36
12.41
15.05
16.88
17.20
14.36
11.05
70
21.17
Operating margin%
24.45
27.04
26.42
27.05
29.75
27.74
30.03
31.92
30.42
30.43
18.30
30.42
28.75
44
2.89
Net margin%
13.80
16.43
17.59
17.33
19.62
17.50
16.78
17.98
18.44
20.58
8.10
17.98
17.55
79
6.730
P/E ratio (avg)x
12.80
12.71
13.12
14.63
14.79
14.29
14.77
15.33
14.44
14.83
37.04
14.77
14.54
50
37.11
EV/EBITx
40.21
41.69
41.67
47.02
50.51
51.07
54.40
60.30
63.72
62.36
21.62
60.30
50.79
21
16.31
FCF yield (avg)%
11.68
12.80
12.89
10.67
9.23
10.10
10.71
9.88
8.52
9.36
8.64
9.88
10.39
9
21.55
FCF margin%
25.21
26.82
28.37
25.61
25.92
23.74
26.42
28.53
30.27
31.83
3.67
28.53
26.62
28
0.870
FCF / Net incomex
1.764
1.667
1.786
1.810
1.959
1.981
2.148
2.054
2.215
2.398
1.369
2.148
1.970
12
9.44
ROIC%
19.79
22.49
23.28
22.05
23.21
24.63
23.39
21.74
24.21
21.44
8.76
23.39
22.85
82
3.85
Return on equity%
19.33
18.20
18.36
21.00
22.54
21.46
19.53
18.97
17.29
17.76
21.05
18.97
19.15
33
29.61
Return on assets%
12.33
13.10
15.36
13.17
13.58
11.32
8.32
10.62
7.82
6.88
3.25
8.32
11.82
49
0.26
EPSNT$
1.23
1.30
1.41
1.50
1.64
1.75
1.72
1.74
1.69
1.84
0.28
2.35%
4.73%
—
24.49
EPS growth%
23.85
23.62
24.01
24.39
22.94
24.17
25.15
24.86
25.21
22.24
24.08
24.86
24.09
15
0.59
Bookvalue per shNT$
0.51
0.51
0.55
0.59
0.62
0.64
0.60
0.67
0.70
0.65
0.29
1.05%
2.08%
—
0.33
FCF per shareNT$
0.53
0.48
0.47
0.43
0.40
0.40
0.35
0.33
0.33
0.34
0.59
(3.62%)
(4.02%)
—
1.12
Dividend per shNT$
0.36
0.36
0.39
0.42
0.36
0.38
0.42
0.37
0.35
0.38
0.33
1.09%
(0.85%)
—
25.16
Div yield (avg)%
4.39
5.87
7.23
6.70
7.31
8.67
10.91
11.00
13.75
14.68
11.02
11.00
7.99
93
21.07
Payout ratio%
22.95
24.66
25.15
23.03
24.15
24.07
27.03
27.86
30.82
28.89
15.66
27.86
24.91
57
352.2
Shares (diluted)M
485.9
462.6
542.9
623.2
672.2
751.6
788.6
890.1
963.3
954.4
349.8
7.26%
8.69%
49
20.77
Buyback yield%
19.03
18.78
17.83
18.72
21.23
19.93
21.51
19.40
20.75
22.82
7.13
20.75
19.67
93
1.234
D/E ratiox
0.285
0.304
0.277
0.250
0.246
0.226
0.253
0.247
0.257
0.285
0.154
0.253
0.255
67
74.68
Enterprise valueNT$M
337.2
341.4
324.5
311.3
297.6
320.7
309.6
346.7
375.5
400.5
658.9
6.12%
2.01%
36
0.990
LT debtNT$B
0.136
0.146
0.156
0.154
0.143
0.141
0.138
0.143
0.156
0.169
1.208
3.39%
2.23%
90
Cost of revenue
3.42%
0.99×
Operating expenses
3.04%
0.96×
Spread over hurdle
29.86%