2.636
RevenueNT$B
2.176
2.199
2.236
2.304
2.332
2.319
2.392
2.423
2.509
2.608
2.848
2.26%
1.73%
43
12.46
Revenue growth%
0.40
0.40
0.40
0.60
2.54
4.93
7.46
8.68
11.16
9.80
9.80
8.68
3.74
87
12.85
Gross margin%
19.33
17.57
17.23
19.30
19.96
21.67
21.28
22.39
24.76
26.34
5.12
22.39
20.62
24
16.45
Operating margin%
14.64
17.09
15.35
14.97
13.98
15.52
17.20
15.32
15.95
15.64
11.27
15.64
15.43
70
12.40
Net margin%
11.28
11.81
11.23
12.03
11.52
13.39
11.06
12.33
11.99
11.16
5.32
11.99
11.66
81
7.134
P/E ratio (avg)x
12.49
13.39
12.34
12.10
11.38
11.18
11.90
13.23
12.62
12.28
25.35
12.28
12.31
54
30.22
EV/EBITx
33.10
31.25
32.89
31.61
31.64
34.45
36.83
36.40
41.00
38.32
27.49
36.83
33.77
38
15.91
FCF yield (avg)%
13.68
12.78
12.74
10.52
11.63
10.62
9.08
7.35
8.14
6.55
7.33
8.14
10.57
7
2.57
FCF margin%
27.43
25.29
22.37
24.98
25.11
24.15
25.19
27.25
25.35
24.48
20.46
25.19
25.15
13
1.470
FCF / Net incomex
1.884
2.192
2.646
2.903
3.436
3.621
3.884
4.270
4.623
4.871
0.562
4.270
3.529
61
9.58
ROIC%
31.35
29.23
28.96
27.65
28.74
26.64
29.40
32.00
33.02
30.46
19.03
30.46
29.31
47
10.15
Return on equity%
0.40
0.40
1.33
0.40
2.00
0.92
0.40
0.40
0.40
0.40
20.46
0.40
0.40
9
18.72
Return on assets%
10.63
8.22
7.43
6.03
5.81
5.07
3.95
5.98
4.49
6.51
4.72
5.07
6.01
46
3.49
EPSNT$
2.26
2.48
2.38
2.31
2.34
2.45
2.82
2.63
2.52
2.38
3.80
0.33%
0.84%
—
18.56
EPS growth%
24.44
21.52
21.91
19.65
19.35
20.32
23.20
23.11
25.24
23.43
20.81
23.20
22.51
45
4.62
Bookvalue per shNT$
3.88
3.52
3.60
3.91
3.48
3.59
3.78
3.92
3.95
4.25
9.49
4.07%
(0.07%)
—
3.95
FCF per shareNT$
2.78
2.76
2.83
2.70
2.99
3.25
3.36
3.85
4.01
3.77
4.52
4.71%
2.40%
—
1.59
Dividend per shNT$
1.62
1.66
1.80
1.73
1.88
1.81
1.70
1.53
1.45
1.55
3.23
(3.76%)
(0.29%)
—
16.32
Div yield (avg)%
25.07
23.86
25.68
27.23
26.97
27.13
25.70
28.24
30.94
30.80
13.44
28.24
27.05
24
10.94
Payout ratio%
3.80
1.22
0.40
0.40
0.40
2.38
4.56
4.52
4.89
6.13
26.92
4.56
3.09
64
82.17
Shares (diluted)M
155.4
161.6
158.2
159.0
179.1
203.4
221.0
229.3
244.2
253.7
84.83
7.21%
6.28%
84
15.02
Buyback yield%
17.06
19.88
16.89
15.73
14.83
13.43
11.15
13.91
14.64
13.85
11.44
13.85
14.73
89
0.502
D/E ratiox
2.650
2.535
2.732
3.122
3.345
3.805
4.139
4.553
4.795
5.082
0.830
4.553
3.575
30
0.120
Enterprise valueNT$B
2.459
2.473
2.613
2.777
3.106
2.892
3.028
2.918
3.257
3.225
1.472
0.75%
3.88%
91
0.974
LT debtNT$B
2.352
2.109
1.995
2.076
2.248
2.160
2.270
2.398
2.219
2.060
1.862
(1.73%)
(0.76%)
46
Cost of revenue
1.92%
1.02×
Operating expenses
1.65%
0.99×
Cash and investments
13.27%
Spread over hurdle
24.33%