2.925
RevenueNT$B
2.669
2.751
2.884
2.988
3.065
3.163
3.333
3.501
3.541
3.597
3.219
3.26%
3.30%
56
6.10
Revenue growth%
16.83
18.43
19.26
19.43
17.18
17.11
16.37
14.73
16.97
15.00
5.19
16.37
17.04
80
25.79
Gross margin%
10.18
9.57
7.42
5.53
2.56
0.40
0.71
0.40
0.40
0.40
23.97
0.40
1.64
16
18.21
Operating margin%
0.40
0.40
0.40
0.40
0.40
0.40
0.40
0.40
2.84
5.46
18.09
0.40
0.40
14
20.92
Net margin%
19.82
17.37
19.47
19.38
17.53
20.22
22.57
21.17
23.72
21.72
27.42
21.72
20.02
78
6.914
P/E ratio (avg)x
18.44
17.67
19.95
22.63
20.89
23.40
22.54
23.48
25.57
26.73
9.617
23.48
22.59
6
24.60
EV/EBITx
18.19
18.37
18.68
19.42
16.35
15.01
12.67
11.13
11.25
10.35
36.24
11.25
15.68
34
27.65
FCF yield (avg)%
10.80
9.60
9.13
8.73
11.08
11.26
8.34
6.05
5.36
3.24
29.40
6.05
8.93
54
14.95
FCF margin%
17.75
16.47
16.95
18.34
19.04
17.58
16.48
14.51
16.77
13.85
29.53
16.48
16.86
18
1.500
FCF / Net incomex
0.909
0.871
0.865
0.826
0.788
0.788
0.747
0.751
0.773
0.796
1.573
0.773
0.792
14
6.79
ROIC%
30.63
31.34
30.68
32.11
33.88
36.37
36.82
34.37
35.87
36.35
19.11
36.35
34.12
61
29.68
Return on equity%
32.54
34.85
32.94
31.29
32.57
32.61
31.84
31.82
29.21
29.63
9.30
31.82
32.19
89
17.01
Return on assets%
8.85
6.10
4.58
2.71
2.24
0.77
1.62
0.92
0.40
0.40
20.69
0.77
1.93
20
4.29
EPSNT$
1.88
1.90
1.90
1.94
2.08
1.76
1.71
1.55
1.53
1.34
4.73
(8.32%)
(4.92%)
—
5.84
EPS growth%
16.67
16.13
17.57
20.10
20.99
19.65
22.31
20.13
20.82
23.39
25.09
20.82
20.11
20
6.50
Bookvalue per shNT$
2.11
2.23
2.12
1.94
1.86
1.67
1.50
1.54
1.63
1.50
2.96
(4.29%)
(2.59%)
—
4.55
FCF per shareNT$
8.60
9.06
9.57
9.21
9.17
8.89
9.84
9.63
9.29
9.65
8.85
1.02%
(0.09%)
—
7.45
Dividend per shNT$
13.84
13.72
14.40
16.60
16.33
18.81
20.01
23.87
26.31
31.39
10.15
13.96%
8.40%
—
19.10
Div yield (avg)%
12.94
10.15
12.41
10.89
9.87
9.98
12.70
11.76
12.34
14.13
27.79
12.34
12.05
53
29.45
Payout ratio%
5.21
7.11
9.37
11.35
9.15
7.52
5.99
5.76
7.48
6.28
23.99
6.28
7.29
91
146.1
Shares (diluted)M
193.1
200.7
200.4
213.1
219.6
206.2
215.3
202.6
202.5
229.8
146.4
0.91%
2.74%
15
27.01
Buyback yield%
23.46
24.39
26.55
28.73
29.91
31.89
30.65
28.35
30.68
31.97
24.28
30.68
29.32
56
0.340
D/E ratiox
1.107
1.079
1.083
0.994
1.020
0.959
1.002
1.065
0.904
0.828
1.542
0.959
1.011
50
1.211
Enterprise valueNT$B
1.942
2.092
2.164
2.298
2.202
2.129
2.307
2.183
2.384
2.558
0.768
3.04%
3.46%
26
1.171
LT debtNT$B
1.140
1.196
1.296
1.462
1.651
1.604
1.559
1.738
1.794
1.853
0.846
2.33%
4.79%
7
Cost of revenue
2.87%
0.96×
Operating expenses
4.21%
1.09×
Cash and investments
19.51%
Spread over hurdle
10.15%