3.339
RevenueNT$B
4.957
5.376
5.691
6.159
6.582
7.099
7.713
8.277
9.068
9.691
3.524
8.05%
7.73%
51
13.88
Revenue growth%
26.00
23.80
23.58
23.76
23.15
21.20
19.08
17.69
19.43
22.24
15.99
19.43
22.70
6
16.97
Gross margin%
23.72
24.44
23.68
24.19
25.34
27.84
27.58
26.13
26.95
26.35
6.02
26.95
25.73
32
12.66
Operating margin%
9.58
10.83
13.53
16.31
15.84
15.33
14.65
12.55
10.44
11.87
8.34
12.55
13.04
30
3.56
Net margin%
25.40
24.82
22.32
22.71
24.63
25.01
22.39
25.11
23.90
21.89
17.80
23.90
24.26
11
9.164
P/E ratio (avg)x
31.93
35.86
40.33
40.39
41.90
39.44
43.09
40.18
41.66
41.62
35.96
41.62
40.36
27
22.77
EV/EBITx
20.25
20.09
17.55
15.42
16.61
17.94
17.48
18.79
20.05
17.09
12.69
17.94
17.74
17
20.85
FCF yield (avg)%
11.31
12.64
13.93
15.91
12.94
11.19
8.25
5.38
4.52
5.99
23.66
5.99
11.25
23
21.99
FCF margin%
8.04
5.61
3.54
2.43
5.24
7.45
9.14
10.71
8.95
6.57
9.47
8.95
7.01
13
0.784
FCF / Net incomex
0.659
0.622
0.650
0.685
0.658
0.680
0.758
0.750
0.807
0.935
1.294
0.758
0.682
43
14.40
ROIC%
10.68
8.64
8.38
10.46
10.89
13.48
12.30
9.95
9.82
10.83
3.48
10.83
10.57
64
4.25
Return on equity%
17.86
17.47
19.32
20.85
19.80
17.33
16.09
15.61
14.25
15.23
4.03
15.61
17.40
24
6.54
Return on assets%
16.80
19.60
21.08
19.78
22.17
24.11
24.78
26.54
28.42
28.16
2.66
26.54
23.14
49
3.26
EPSNT$
2.35
2.75
2.67
3.13
3.41
3.47
3.40
3.92
4.20
4.45
3.63
5.47%
6.37%
—
13.97
EPS growth%
13.30
15.38
14.28
14.40
11.52
8.58
11.23
10.54
10.40
11.66
7.00
10.54
11.59
15
2.91
Bookvalue per shNT$
3.62
3.32
3.37
3.52
3.26
3.20
3.32
3.48
3.74
3.44
5.24
1.06%
0.11%
—
5.00
FCF per shareNT$
3.21
3.41
3.66
3.37
3.21
3.12
3.41
3.09
3.28
3.74
8.22
3.14%
1.23%
—
2.78
Dividend per shNT$
2.95
2.77
2.85
2.43
2.08
2.09
2.05
1.93
2.02
2.17
4.18
0.82%
(3.70%)
—
27.12
Div yield (avg)%
32.27
31.28
29.67
32.16
34.56
35.30
34.45
37.18
37.33
37.99
9.03
37.18
34.50
38
29.06
Payout ratio%
26.57
27.30
24.88
26.97
29.68
30.40
30.33
32.87
34.48
32.06
24.64
32.06
30.01
19
940.5
Shares (diluted)M
684.9
752.6
824.4
848.8
825.4
823.4
928.6
899.2
837.8
781.6
923.2
(1.08%)
0.45%
22
25.87
Buyback yield%
9.47
11.29
12.69
9.82
11.18
13.03
12.41
14.15
16.99
18.04
27.81
14.15
12.55
5
1.028
D/E ratiox
2.282
2.701
2.978
3.229
3.274
3.914
4.169
4.394
4.876
5.021
1.521
4.394
3.594
84
2.680
Enterprise valueNT$B
7.407
7.318
8.774
9.852
10.35
11.98
12.82
14.00
16.43
17.69
2.319
11.31%
10.46%
54
5.855
LT debtNT$B
13.84
15.47
16.68
17.26
17.29
16.81
20.07
21.02
24.72
24.16
2.001
6.93%
5.94%
47
Cost of revenue
7.79%
1.01×
Operating expenses
7.52%
0.98×
Spread over hurdle
34.21%