1.028
RevenueNT$B
0.519
0.554
0.591
0.622
0.666
0.715
0.772
0.833
0.882
0.923
1.118
6.77%
6.54%
46
22.70
Revenue growth%
13.17
15.46
16.29
18.01
16.83
18.67
19.27
19.96
17.06
16.93
24.38
18.67
17.00
77
20.26
Gross margin%
25.40
26.69
29.30
28.72
30.95
29.71
30.47
31.18
33.82
32.12
17.82
31.18
30.09
5
21.95
Operating margin%
5.20
4.85
3.68
3.93
4.45
2.72
0.40
2.53
1.26
2.01
7.84
2.01
3.20
76
17.27
Net margin%
11.70
11.75
13.26
16.18
14.21
16.30
13.52
11.00
10.17
11.86
19.42
11.86
12.56
53
30.48
P/E ratio (avg)x
11.71
13.28
13.74
13.94
14.01
14.51
16.45
15.89
15.46
15.63
20.01
15.63
14.26
85
30.72
EV/EBITx
40.99
36.09
32.42
29.30
26.95
24.59
22.78
20.42
19.39
19.35
13.34
20.42
25.77
7
22.19
FCF yield (avg)%
26.54
27.41
26.87
25.09
26.66
24.44
27.42
28.56
30.51
29.34
5.12
28.56
27.14
51
26.42
FCF margin%
21.82
20.67
22.15
20.64
18.82
17.87
19.74
18.04
15.81
15.13
17.32
17.87
19.28
46
1.066
FCF / Net incomex
0.719
0.809
0.780
0.740
0.779
0.851
0.971
0.998
1.134
1.325
1.254
0.998
0.830
75
10.59
ROIC%
3.12
4.19
3.80
2.92
4.61
6.78
6.42
3.49
4.72
3.01
3.64
4.72
3.99
44
10.47
Return on equity%
24.41
25.87
27.09
29.47
29.84
28.63
28.58
28.64
30.30
30.99
16.86
28.64
28.64
72
12.42
Return on assets%
5.52
8.08
7.50
5.99
7.88
6.66
9.34
12.16
13.37
13.53
26.93
12.16
7.98
33
2.30
EPSNT$
4.03
4.44
4.08
4.09
4.22
4.84
5.22
4.99
5.21
5.15
2.47
4.07%
2.36%
—
21.51
EPS growth%
0.49
1.44
2.71
5.33
7.25
8.55
6.04
6.52
5.63
6.57
17.99
6.52
5.83
8
3.70
Bookvalue per shNT$
3.20
3.11
3.03
3.20
3.11
3.03
3.17
3.64
3.87
4.52
0.73
7.74%
4.89%
—
2.29
FCF per shareNT$
5.29
5.33
5.69
6.09
6.85
7.77
7.65
7.79
7.33
8.06
3.31
3.30%
5.60%
—
3.35
Dividend per shNT$
1.71
1.80
1.93
2.08
2.20
2.20
2.48
2.57
2.51
2.39
0.75
1.65%
3.00%
—
28.55
Div yield (avg)%
7.17
7.05
6.74
6.18
3.97
2.48
2.34
4.63
6.49
4.97
21.66
4.63
5.58
78
21.12
Payout ratio%
16.14
16.99
15.97
18.72
20.54
21.90
24.65
26.26
27.42
28.90
20.40
26.26
21.22
88
88.42
Shares (diluted)M
85.64
93.67
90.63
88.69
86.20
77.45
68.12
63.11
59.15
58.81
87.89
(7.36%)
(3.04%)
7
16.21
Buyback yield%
21.65
21.84
23.14
25.45
24.35
23.73
22.38
23.54
24.37
25.89
9.18
23.73
23.64
51
1.527
D/E ratiox
1.225
1.340
1.456
1.567
1.680
1.870
2.112
2.252
2.423
2.389
0.921
2.252
1.775
8
194.8
Enterprise valueNT$M
149.7
149.9
147.1
144.3
145.8
135.8
137.2
141.2
140.5
130.8
128.5
(2.14%)
(0.46%)
23
0.641
LT debtNT$B
0.219
0.235
0.210
0.210
0.228
0.235
0.226
0.241
0.241
0.242
1.047
1.25%
(0.09%)
11
Cost of revenue
6.54%
1.00×
Operating expenses
6.28%
0.98×
Cash and investments
18.50%
Spread over hurdle
(2.52%)