0.717
RevenueNT$B
1.023
1.105
1.191
1.309
1.405
1.542
1.672
1.835
1.992
2.132
0.751
8.69%
8.75%
78
13.66
Revenue growth%
17.35
18.94
19.81
20.27
19.44
20.92
21.25
21.47
22.96
24.74
13.85
21.47
20.59
71
10.40
Gross margin%
34.30
32.84
35.53
37.08
39.83
39.68
36.84
37.24
38.45
37.64
6.83
37.64
37.16
26
3.05
Operating margin%
20.62
18.93
18.79
21.41
19.22
20.13
21.94
22.37
20.54
21.92
28.59
21.92
20.58
16
10.84
Net margin%
20.77
18.54
20.28
20.39
18.34
18.35
20.57
19.91
19.92
19.35
26.14
19.91
19.92
21
26.32
P/E ratio (avg)x
26.82
29.69
34.04
36.34
35.99
36.49
39.13
38.81
38.07
36.83
19.72
38.07
36.41
71
13.77
EV/EBITx
37.78
42.32
46.46
56.01
66.55
77.53
85.45
98.03
103.0
116.1
25.81
98.03
72.04
15
14.53
FCF yield (avg)%
5.97
5.88
5.65
5.68
3.00
1.25
0.40
0.40
1.84
0.40
26.90
0.40
2.42
27
16.12
FCF margin%
17.52
19.79
19.78
20.46
22.97
21.06
20.41
19.59
17.64
15.13
23.27
19.59
19.79
73
0.223
FCF / Net incomex
1.040
1.145
1.244
1.328
1.283
1.407
1.473
1.592
1.680
1.850
1.206
1.592
1.368
46
12.66
ROIC%
9.85
8.31
8.74
10.47
12.01
13.64
15.56
14.64
14.88
16.06
24.32
14.88
12.83
31
5.42
Return on equity%
28.85
29.21
28.17
28.69
28.22
25.30
27.45
25.44
24.56
26.37
26.11
25.44
27.81
68
7.82
Return on assets%
13.00
15.73
15.74
14.76
17.54
19.54
21.04
18.50
19.45
20.93
4.24
19.54
18.02
16
4.49
EPSNT$
2.91
3.34
3.62
4.01
3.73
3.45
3.37
3.75
3.49
3.59
4.78
(0.73%)
2.94%
—
25.33
EPS growth%
20.15
19.27
18.32
20.37
18.58
17.58
16.16
14.58
13.72
13.11
21.82
14.58
17.95
31
10.46
Bookvalue per shNT$
2.70
3.06
3.21
3.56
4.01
4.02
4.41
4.93
5.49
5.07
7.73
4.83%
6.54%
—
11.03
FCF per shareNT$
5.95
6.79
6.70
6.18
6.57
7.16
7.85
8.60
8.97
8.39
2.05
5.01%
4.78%
—
9.20
Dividend per shNT$
20.18
20.90
23.99
26.37
27.94
28.08
31.77
32.24
34.42
37.18
5.19
5.88%
7.45%
—
23.91
Div yield (avg)%
21.21
23.09
25.91
24.06
26.93
28.48
27.04
26.78
24.56
27.05
13.06
27.04
26.35
62
4.08
Payout ratio%
13.47
12.22
10.09
12.00
11.37
8.66
11.50
10.08
7.91
6.55
2.99
8.66
10.73
6
96.19
Shares (diluted)M
82.56
87.57
83.58
77.97
70.81
64.58
65.00
67.19
65.86
59.94
98.43
(3.28%)
(4.17%)
23
27.03
Buyback yield%
6.14
8.42
9.97
9.06
11.19
11.82
12.64
13.20
10.78
11.74
15.36
11.82
10.98
91
1.658
D/E ratiox
0.973
0.893
0.855
0.756
0.709
0.622
0.636
0.658
0.581
0.497
0.163
0.622
0.684
68
0.905
Enterprise valueNT$B
1.757
1.645
1.537
1.565
1.459
1.642
1.603
1.557
1.426
1.641
0.867
2.39%
(0.53%)
38
0.813
LT debtNT$B
1.463
1.503
1.461
1.387
1.491
1.744
2.050
1.937
1.841
1.753
0.783
3.29%
3.19%
42
Cost of revenue
8.75%
1.00×
Operating expenses
8.92%
1.02×
Goodwill & intangibles
15.87%
Spread over hurdle
(2.02%)