0.600
RevenueNT$B
0.931
0.980
1.028
1.062
1.129
1.209
1.270
1.301
1.360
1.410
0.620
4.55%
4.77%
25
11.87
Revenue growth%
17.18
14.96
17.46
16.76
14.11
16.38
13.41
12.73
11.09
8.91
22.10
12.73
14.53
63
20.63
Gross margin%
2.86
2.11
4.02
6.50
7.14
6.67
6.92
5.00
4.45
1.54
12.36
5.00
4.73
32
21.41
Operating margin%
17.97
17.78
15.11
15.03
15.92
18.69
20.11
20.69
20.43
18.08
4.46
20.11
18.02
56
19.45
Net margin%
6.70
5.28
4.56
3.60
2.74
2.48
3.25
4.87
2.90
0.59
21.62
2.90
3.42
11
21.76
P/E ratio (avg)x
17.25
16.87
19.71
19.68
21.79
22.44
26.06
28.13
32.96
32.33
29.93
28.13
22.11
57
15.91
EV/EBITx
24.79
23.95
22.98
20.24
19.94
17.49
18.65
20.13
21.83
22.60
28.73
20.13
21.03
35
14.38
FCF yield (avg)%
21.93
19.19
19.82
18.31
17.04
14.90
17.26
20.22
20.69
21.63
5.79
20.22
19.51
81
25.19
FCF margin%
10.47
7.93
7.96
8.24
9.46
11.25
9.75
9.23
8.93
9.12
25.14
9.23
9.18
22
1.464
FCF / Net incomex
0.224
0.218
0.186
0.196
0.173
0.173
0.183
0.189
0.197
0.200
0.889
0.189
0.192
6
13.34
ROIC%
16.08
18.06
15.30
14.00
16.01
18.12
18.41
20.86
18.25
15.76
8.44
18.25
17.07
31
16.03
Return on equity%
0.40
3.09
2.38
1.64
2.19
0.40
1.57
2.19
0.40
0.40
7.93
0.40
1.61
50
12.49
Return on assets%
14.05
16.66
15.13
12.43
15.39
14.22
16.11
17.14
17.87
19.34
4.82
17.14
15.75
33
5.65
EPSNT$
9.53
8.56
7.99
9.05
10.08
9.96
9.80
10.92
11.12
11.23
5.82
2.18%
1.92%
—
23.80
EPS growth%
0.40
1.60
2.91
1.63
1.65
3.00
3.29
3.61
4.66
4.86
7.12
3.61
2.95
29
9.48
Bookvalue per shNT$
7.44
6.89
6.38
5.89
5.04
4.80
4.26
4.43
4.72
4.05
5.70
(4.25%)
(5.88%)
—
2.13
FCF per shareNT$
6.98
7.91
8.63
8.86
8.76
9.71
9.96
9.51
11.09
10.75
2.65
4.19%
4.15%
—
8.84
Dividend per shNT$
2.40
2.30
2.50
2.67
2.52
2.68
2.49
2.25
2.09
1.80
4.77
(6.47%)
(2.61%)
—
8.40
Div yield (avg)%
3.72
4.68
4.69
7.55
9.35
9.11
7.69
9.41
6.59
8.97
26.26
8.97
7.62
21
17.42
Payout ratio%
4.65
5.49
3.06
4.27
2.66
0.74
2.62
0.84
0.40
0.67
5.90
0.74
2.64
73
65.89
Shares (diluted)M
78.26
83.24
95.64
103.5
106.5
126.1
149.9
170.9
172.2
199.1
66.15
13.33%
9.56%
15
4.26
Buyback yield%
3.90
2.78
0.88
1.16
3.44
5.90
6.86
4.25
3.22
5.63
27.47
5.63
3.67
73
1.588
D/E ratiox
0.559
0.654
0.750
0.775
0.877
1.001
1.001
1.183
1.366
1.531
0.770
1.183
0.939
85
0.872
Enterprise valueNT$B
1.093
1.118
1.158
1.106
1.188
1.288
1.247
1.206
1.276
1.254
0.737
1.08%
1.26%
31
417.3
LT debtNT$M
409.7
472.5
533.1
616.7
710.5
803.6
825.0
783.2
798.9
798.6
249.9
2.37%
7.60%
22
Cost of revenue
4.73%
1.00×
Operating expenses
5.12%
1.03×
Cash and investments
20.27%
Spread over hurdle
16.82%