1.286
RevenueNT$B
0.899
0.971
1.021
1.111
1.166
1.267
1.321
1.420
1.536
1.633
1.381
6.96%
6.71%
24
20.86
Revenue growth%
7.18
9.62
11.18
14.07
14.88
17.08
14.15
15.94
18.37
16.61
5.46
16.61
14.51
72
11.66
Gross margin%
16.39
18.46
19.20
18.90
16.42
13.59
15.47
13.45
12.62
11.62
28.30
13.45
15.93
55
12.63
Operating margin%
20.50
17.87
18.64
19.83
18.36
16.39
13.81
13.07
14.35
17.06
6.44
14.35
17.47
8
6.27
Net margin%
34.22
31.53
33.36
30.89
33.14
33.68
36.60
36.24
33.92
31.40
23.03
33.92
33.52
17
16.52
P/E ratio (avg)x
40.79
48.32
50.16
49.99
50.54
52.36
56.17
56.81
63.69
73.87
20.79
56.81
51.45
39
15.20
EV/EBITx
24.78
26.10
25.11
24.49
27.26
29.37
32.39
33.16
30.22
32.67
7.650
32.39
28.32
13
8.97
FCF yield (avg)%
15.83
13.75
15.16
12.31
12.80
12.49
9.67
12.57
11.97
14.32
12.54
12.49
12.69
38
5.67
FCF margin%
5.19
6.32
8.95
8.39
9.95
7.37
9.80
11.21
10.05
11.09
12.66
10.05
9.38
74
0.979
FCF / Net incomex
0.465
0.442
0.460
0.507
0.543
0.517
0.597
0.566
0.588
0.631
0.769
0.588
0.530
25
24.44
ROIC%
9.23
10.07
8.95
6.31
3.41
3.50
5.11
3.24
1.91
1.13
18.48
3.24
4.31
53
6.33
Return on equity%
16.59
17.78
19.88
18.86
20.19
18.67
19.71
22.64
25.37
24.47
17.77
22.64
19.80
82
25.62
Return on assets%
15.96
18.62
20.21
22.24
20.52
23.20
22.52
21.35
24.11
22.87
14.23
22.87
21.80
74
1.13
EPSNT$
2.77
2.59
2.47
2.79
2.97
3.05
2.96
3.13
3.57
3.49
1.23
3.31%
2.52%
—
13.06
EPS growth%
24.98
27.08
29.99
32.20
30.18
32.57
30.41
32.55
34.91
33.22
29.15
32.57
31.30
42
3.43
Bookvalue per shNT$
6.72
7.67
7.97
9.01
10.16
10.84
12.34
12.90
13.24
12.15
5.09
3.64%
6.94%
—
1.63
FCF per shareNT$
4.95
4.68
5.06
5.25
5.73
5.79
5.64
5.49
5.06
5.47
2.76
(0.93%)
1.98%
—
5.08
Dividend per shNT$
1.66
1.79
1.66
1.64
1.57
1.53
1.52
1.65
1.78
1.72
3.89
1.88%
1.29%
—
12.76
Div yield (avg)%
26.35
26.75
29.61
29.50
30.90
30.18
28.26
25.79
24.35
24.85
13.22
25.79
27.50
15
8.73
Payout ratio%
8.33
8.56
6.79
5.48
6.20
4.26
1.59
3.26
1.31
0.40
29.92
1.59
4.87
37
99.70
Shares (diluted)M
143.3
171.2
191.0
191.3
196.7
190.3
198.4
230.6
262.7
307.2
101.0
9.32%
8.22%
12
12.07
Buyback yield%
18.23
18.75
19.10
18.21
18.20
17.90
18.38
17.91
20.76
22.76
24.42
18.38
18.31
11
0.710
D/E ratiox
1.341
1.397
1.318
1.247
1.345
1.437
1.502
1.696
1.576
1.714
1.270
1.576
1.417
63
1.042
Enterprise valueNT$B
0.982
0.969
0.983
1.079
1.035
1.095
1.194
1.182
1.270
1.228
1.825
3.47%
2.92%
87
0.822
LT debtNT$B
1.103
1.205
1.329
1.241
1.145
1.099
1.054
0.973
0.922
0.887
1.674
(4.97%)
(2.40%)
67
Cost of revenue
6.65%
0.99×
Operating expenses
6.56%
0.99×
Spread over hurdle
59.26%