1.766
RevenueNT$B
1.796
1.950
2.063
2.193
2.413
2.662
2.936
3.235
3.571
3.933
1.871
10.27%
9.22%
36
24.23
Revenue growth%
15.46
12.99
15.64
14.51
16.60
14.11
17.02
14.51
16.44
13.76
18.46
14.51
14.99
23
14.46
Gross margin%
17.12
14.31
15.66
17.19
15.00
14.17
11.37
9.36
11.43
10.78
26.82
11.37
14.24
63
27.17
Operating margin%
6.60
7.50
10.03
7.50
8.08
10.17
10.72
9.81
8.58
7.98
7.02
9.81
8.33
14
2.45
Net margin%
8.26
10.64
11.97
11.73
12.68
10.51
10.42
10.35
11.25
9.89
6.37
10.42
10.58
14
25.25
P/E ratio (avg)x
28.59
27.45
27.05
27.90
29.02
26.34
24.92
22.69
23.55
25.22
26.48
24.92
26.69
74
12.48
EV/EBITx
37.65
41.64
44.51
43.80
44.25
43.09
39.90
43.52
44.59
47.38
13.73
43.52
43.66
83
18.90
FCF yield (avg)%
3.51
5.64
8.57
6.06
7.10
5.65
4.57
7.26
8.99
6.53
26.24
6.53
6.29
23
10.17
FCF margin%
9.67
9.57
9.71
9.07
9.76
10.34
12.36
11.56
13.35
14.41
23.15
12.36
10.05
23
1.280
FCF / Net incomex
1.477
1.601
1.643
1.447
1.255
1.080
1.043
1.070
1.111
1.102
0.130
1.080
1.183
76
17.95
ROIC%
18.22
16.61
16.36
13.80
12.63
11.19
14.13
15.40
15.39
14.27
10.50
14.27
14.83
91
21.45
Return on equity%
16.16
17.26
17.26
19.44
18.66
16.50
15.03
13.56
16.13
18.18
17.41
16.13
16.88
88
21.90
Return on assets%
28.19
29.54
32.40
31.51
29.28
26.56
27.63
25.76
25.97
25.48
19.39
25.97
27.91
38
13.00
EPSNT$
15.90
16.94
18.07
21.01
21.74
23.09
25.36
27.65
28.54
28.38
14.11
5.48%
7.48%
—
4.56
EPS growth%
7.69
10.54
11.79
9.97
7.81
6.64
5.85
5.07
6.56
4.78
10.52
5.85
7.16
6
14.04
Bookvalue per shNT$
16.91
18.66
19.88
21.80
23.54
25.17
23.30
24.08
25.72
25.53
9.90
1.64%
5.12%
—
7.50
FCF per shareNT$
10.62
10.99
10.97
11.51
11.32
12.36
13.93
14.16
13.78
12.62
6.82
2.19%
2.43%
—
14.10
Dividend per shNT$
3.14
3.40
3.53
3.72
3.46
3.25
3.36
3.15
2.97
3.17
6.50
(1.73%)
0.53%
—
9.54
Div yield (avg)%
13.83
13.15
13.48
13.53
12.02
12.96
15.17
14.88
16.31
14.16
17.39
14.88
13.68
60
18.36
Payout ratio%
24.14
23.76
24.76
22.61
22.27
21.00
19.94
18.16
16.30
17.18
12.10
18.16
21.64
69
123.8
Shares (diluted)M
127.4
137.2
133.8
149.4
147.9
157.0
176.1
173.6
190.2
199.0
123.4
6.12%
4.07%
79
4.44
Buyback yield%
21.78
23.05
21.41
23.81
21.71
19.42
16.48
14.27
13.17
15.29
8.91
15.29
20.41
63
1.020
D/E ratiox
1.933
1.907
1.825
1.964
1.915
2.146
2.505
2.419
2.788
3.288
1.147
2.505
2.055
65
3.422
Enterprise valueNT$B
3.558
3.254
3.290
2.959
2.799
2.705
2.667
2.781
2.994
3.205
0.800
2.75%
(2.14%)
34
4.262
LT debtNT$B
3.957
4.227
3.783
4.093
4.352
4.792
4.997
5.353
5.648
6.196
2.208
7.32%
3.80%
5
Cost of revenue
9.22%
1.00×
Operating expenses
9.11%
0.99×
Cash and investments
18.24%
Property and equipment
17.93%
Spread over hurdle
(1.30%)