2.937
RevenueNT$B
2.509
2.529
2.568
2.604
2.604
2.635
2.699
2.691
2.789
2.859
3.050
1.88%
1.66%
6
5.17
Revenue growth%
12.45
15.37
16.37
15.09
18.07
16.56
16.11
14.46
11.47
8.93
20.65
14.46
15.23
13
25.51
Gross margin%
17.16
16.48
15.96
18.02
15.22
17.50
17.48
15.71
13.78
12.21
9.49
15.71
16.22
69
21.02
Operating margin%
28.33
30.36
31.67
34.61
32.77
32.00
34.70
35.01
35.59
36.42
16.00
35.01
33.69
15
20.66
Net margin%
13.25
10.85
10.54
8.76
8.60
9.55
10.85
9.73
8.59
10.26
5.66
9.73
10.00
21
31.14
P/E ratio (avg)x
32.42
32.02
34.28
32.06
29.68
27.34
29.55
29.44
27.11
24.71
22.55
27.34
29.62
54
13.51
EV/EBITx
15.39
15.65
17.54
19.44
20.02
21.70
20.07
22.36
22.61
25.02
7.489
22.36
20.04
20
15.29
FCF yield (avg)%
20.32
23.19
23.30
23.12
22.59
24.65
22.33
21.40
22.62
20.73
10.60
22.33
22.60
53
3.88
FCF margin%
12.50
11.58
12.70
12.64
11.97
13.12
13.18
13.32
11.98
9.66
20.01
13.12
12.57
84
0.162
FCF / Net incomex
0.739
0.666
0.600
0.583
0.533
0.539
0.521
0.502
0.528
0.552
0.494
0.528
0.546
11
29.20
ROIC%
39.66
40.72
39.18
36.58
37.10
37.18
38.84
41.71
39.17
38.59
16.01
38.84
39.01
48
14.45
Return on equity%
2.79
0.40
0.40
0.40
2.22
3.57
5.26
7.88
7.70
5.24
23.04
5.26
3.18
81
7.17
Return on assets%
1.49
2.06
1.80
1.94
1.89
0.98
0.61
0.40
1.52
0.40
29.32
0.61
1.51
9
2.64
EPSNT$
10.95
11.42
11.37
13.49
13.84
14.71
14.18
15.79
18.44
18.41
2.95
5.87%
6.07%
—
8.12
EPS growth%
25.04
24.43
21.53
19.75
18.11
18.20
16.54
13.59
10.80
7.81
26.37
13.59
18.16
84
6.98
Bookvalue per shNT$
4.76
5.74
6.50
6.92
8.38
10.17
11.22
13.10
14.84
14.79
5.31
12.02%
12.40%
—
2.69
FCF per shareNT$
7.98
7.80
8.49
8.38
9.85
10.59
11.42
11.86
12.89
13.37
1.71
6.30%
6.10%
—
5.67
Dividend per shNT$
2.66
3.00
3.54
3.43
3.45
3.71
4.22
4.82
5.72
6.11
1.31
12.13%
9.76%
—
27.03
Div yield (avg)%
31.26
32.82
34.88
35.70
37.07
34.60
36.72
35.46
37.63
37.02
19.85
36.72
35.58
49
14.03
Payout ratio%
1.65
3.94
2.74
3.64
4.22
3.57
6.38
3.57
1.66
2.64
28.23
3.57
3.57
43
271.1
Shares (diluted)M
376.6
392.6
402.4
423.9
487.1
565.4
657.9
742.9
884.6
988.5
268.7
15.21%
10.04%
51
9.47
Buyback yield%
13.88
13.41
15.80
14.47
16.75
14.73
16.50
15.33
18.25
21.09
17.06
16.50
15.57
68
1.562
D/E ratiox
1.083
1.043
1.200
1.342
1.544
1.663
1.740
1.890
1.887
1.810
1.461
1.810
1.603
63
1.352
Enterprise valueNT$B
3.327
3.459
3.762
4.208
3.949
4.319
4.032
4.071
4.131
4.636
2.018
3.26%
3.20%
26
0.391
LT debtNT$B
1.759
1.966
2.242
2.183
2.226
2.225
2.529
2.546
2.479
2.472
1.146
2.12%
3.45%
45
Cost of revenue
1.54%
0.99×
Operating expenses
1.82%
1.02×
Cash and investments
13.88%
Spread over hurdle
11.71%