0.439
RevenueNT$B
1.549
1.656
1.780
1.963
2.110
2.311
2.549
2.761
3.032
3.224
0.468
8.86%
8.32%
48
18.58
Revenue growth%
9.04
10.99
9.25
9.58
9.32
9.22
9.05
6.07
5.25
6.22
24.27
6.22
9.13
80
28.59
Gross margin%
4.31
3.98
2.32
5.14
6.31
9.12
8.50
7.87
7.57
9.01
4.33
8.50
6.94
89
19.66
Operating margin%
10.59
13.57
11.69
14.05
12.32
12.30
13.33
14.28
16.90
16.61
5.88
14.28
13.45
65
3.57
Net margin%
14.12
13.88
15.19
17.87
20.10
18.77
15.87
14.50
15.52
16.69
19.13
15.87
15.70
85
34.66
P/E ratio (avg)x
19.89
19.57
19.58
20.97
22.41
23.11
23.81
25.87
25.54
28.04
13.24
25.54
22.76
50
32.19
EV/EBITx
10.20
11.62
11.79
13.46
12.74
13.78
14.93
16.30
15.02
16.54
28.90
15.02
13.62
58
8.84
FCF yield (avg)%
19.69
18.02
17.96
20.34
18.01
17.91
18.26
16.33
17.65
17.94
2.44
17.91
17.98
89
21.09
FCF margin%
8.89
10.55
10.09
9.07
11.73
12.19
11.21
9.56
11.46
8.83
19.59
11.21
10.32
26
0.218
FCF / Net incomex
2.041
2.295
2.519
2.830
2.975
3.332
3.246
2.974
2.784
2.898
1.405
2.974
2.864
41
15.49
ROIC%
26.01
26.74
26.06
28.08
27.47
26.44
24.37
21.80
24.26
23.16
19.43
24.26
26.04
40
28.88
Return on equity%
15.81
13.39
11.30
12.94
10.89
12.71
12.24
13.42
15.18
12.43
17.07
12.71
12.83
28
15.39
Return on assets%
29.07
28.26
30.42
30.51
27.58
30.41
27.52
28.23
28.76
29.82
11.23
28.76
28.91
33
11.80
EPSNT$
3.96
4.12
4.19
4.45
4.96
4.65
4.77
4.81
4.70
4.39
12.97
(2.42%)
1.78%
—
22.58
EPS growth%
21.24
23.28
20.90
20.12
20.48
18.77
19.61
22.61
24.84
24.72
24.04
22.61
21.07
38
15.44
Bookvalue per shNT$
9.14
10.03
10.24
10.01
10.28
10.93
12.00
11.12
11.44
11.34
11.72
1.98%
1.34%
—
6.30
FCF per shareNT$
16.95
15.66
15.74
16.20
17.78
18.50
19.77
19.03
18.00
19.68
7.92
2.06%
1.60%
—
7.98
Dividend per shNT$
14.16
15.70
18.45
18.74
21.74
22.74
24.90
27.83
31.03
30.18
9.68
6.78%
7.63%
—
2.98
Div yield (avg)%
17.16
18.21
17.81
20.70
22.67
25.43
23.86
25.81
26.79
27.62
11.54
25.81
23.26
21
18.88
Payout ratio%
32.46
30.33
28.57
27.72
30.31
33.10
31.65
31.44
32.41
32.10
5.62
32.10
31.55
80
84.37
Shares (diluted)M
168.6
168.2
188.6
193.8
194.3
223.7
246.2
267.7
304.4
350.6
88.05
12.53%
9.26%
25
28.16
Buyback yield%
10.88
10.14
10.71
9.72
10.59
12.04
12.88
15.58
16.74
19.20
6.03
15.58
11.46
40
0.329
D/E ratiox
0.674
0.702
0.676
0.682
0.595
0.580
0.544
0.520
0.530
0.488
1.202
0.530
0.588
82
1.341
Enterprise valueNT$B
0.261
0.300
0.292
0.299
0.303
0.339
0.382
0.393
0.391
0.416
2.961
6.59%
6.40%
38
1.926
LT debtNT$B
1.751
2.080
2.181
2.190
2.368
2.426
2.503
2.553
2.756
3.218
3.113
6.33%
7.28%
74
Cost of revenue
8.72%
1.04×
Operating expenses
7.84%
0.96×
Goodwill & intangibles
15.37%
Spread over hurdle
(3.82%)