0.365
RevenueNT$B
0.514
0.568
0.612
0.678
0.730
0.778
0.847
0.908
0.999
1.072
0.405
7.99%
8.64%
17
27.57
Revenue growth%
4.65
6.00
5.10
5.12
6.04
4.19
3.33
3.99
6.02
3.13
14.21
3.99
4.87
54
23.89
Gross margin%
10.33
7.53
6.58
8.29
10.97
13.89
15.37
13.43
14.06
14.72
5.97
14.06
12.20
71
11.11
Operating margin%
0.90
0.55
1.62
1.91
4.11
2.15
4.09
5.70
6.82
4.39
3.95
4.39
3.12
10
28.31
Net margin%
21.96
20.44
19.40
19.03
19.99
17.41
15.70
16.35
17.32
16.03
6.77
16.35
18.22
71
14.94
P/E ratio (avg)x
21.46
23.44
27.80
32.06
34.94
39.00
38.52
42.35
42.64
48.98
22.39
42.35
36.73
88
28.54
EV/EBITx
19.24
21.01
19.19
17.45
19.62
19.64
17.51
18.21
19.13
20.16
20.93
19.13
19.22
16
26.90
FCF yield (avg)%
29.54
32.00
31.56
28.77
30.51
27.77
25.23
24.51
27.35
25.12
29.93
25.23
28.27
73
3.77
FCF margin%
20.12
17.26
19.81
20.33
21.71
20.42
18.02
15.29
13.42
12.54
23.92
15.29
18.92
68
0.960
FCF / Net incomex
1.660
1.560
1.481
1.707
1.819
1.950
2.206
2.248
2.539
2.814
1.743
2.248
1.885
77
16.81
ROIC%
17.86
18.27
16.96
19.59
21.03
18.85
18.31
15.71
14.75
15.25
15.69
15.71
18.07
21
8.26
Return on equity%
25.53
22.77
23.86
25.09
23.72
24.85
22.47
20.23
19.10
21.66
8.21
21.66
23.25
91
18.57
Return on assets%
18.31
19.77
18.87
17.28
19.41
17.40
15.98
13.17
12.44
14.58
6.82
14.58
17.34
51
1.55
EPSNT$
2.25
2.24
2.64
2.55
2.98
3.22
3.58
3.82
4.09
4.85
1.60
10.22%
9.24%
—
19.97
EPS growth%
11.61
13.41
13.61
14.13
15.44
17.83
16.27
16.53
16.68
19.41
8.83
16.68
15.86
30
0.89
Bookvalue per shNT$
2.55
2.53
2.55
2.53
2.51
2.16
1.89
1.63
1.50
1.61
3.02
(8.49%)
(4.88%)
—
0.56
FCF per shareNT$
1.28
1.38
1.48
1.57
1.70
1.56
1.56
1.55
1.67
1.51
1.14
(2.29%)
1.27%
—
1.99
Dividend per shNT$
3.58
3.79
3.70
4.40
4.33
4.40
4.32
5.02
4.93
5.09
0.64
3.27%
4.58%
—
20.17
Div yield (avg)%
2.21
4.04
3.49
4.85
4.03
6.42
5.25
6.68
6.82
7.33
13.12
6.68
5.05
95
21.38
Payout ratio%
15.69
17.27
19.54
21.95
19.75
19.73
21.17
18.22
19.13
16.81
6.62
19.13
19.33
26
228.1
Shares (diluted)M
386.4
419.6
433.0
454.1
513.0
598.7
690.2
798.8
785.7
863.3
236.7
10.97%
9.96%
24
17.81
Buyback yield%
20.23
18.94
16.21
18.17
16.71
14.07
16.18
17.37
17.87
18.61
18.22
17.37
17.62
79
0.106
D/E ratiox
0.555
0.541
0.597
0.618
0.626
0.672
0.749
0.743
0.711
0.731
0.656
0.731
0.649
22
968.6
Enterprise valueNT$M
198.5
224.9
236.1
252.6
253.7
286.8
276.3
286.9
273.5
301.7
339.6
3.53%
4.54%
42
481.1
LT debtNT$M
146.2
147.0
152.9
163.5
152.6
149.0
135.9
127.7
129.7
134.0
846.3
(2.56%)
(2.12%)
67
Cost of revenue
8.42%
0.98×
Operating expenses
9.08%
1.04×
Property and equipment
15.01%
Spread over hurdle
10.60%