2.852
RevenueNT$B
3.450
3.526
3.552
3.703
3.710
3.825
3.865
3.908
4.101
4.169
3.086
2.36%
2.23%
5
5.04
Revenue growth%
22.32
23.91
24.39
23.86
21.91
21.83
22.48
20.10
20.19
19.91
5.89
20.19
22.11
34
11.20
Gross margin%
14.68
13.47
12.87
12.77
11.95
10.36
8.19
10.12
12.77
14.40
3.17
10.36
12.77
66
14.89
Operating margin%
19.98
19.09
19.54
16.62
16.80
16.12
18.80
16.53
15.36
17.11
14.48
16.53
16.95
31
2.09
Net margin%
20.44
22.60
24.86
22.63
22.14
21.91
20.33
23.21
22.49
21.36
6.91
21.91
22.31
69
20.48
P/E ratio (avg)x
27.59
24.32
25.23
22.99
22.38
21.50
23.79
24.74
25.60
27.25
26.40
24.74
24.53
21
23.67
EV/EBITx
15.83
16.94
16.82
17.90
17.60
18.51
17.01
15.06
14.93
15.19
36.84
15.19
16.88
64
13.31
FCF yield (avg)%
12.14
13.47
15.38
17.59
17.21
17.65
18.62
18.80
16.78
17.15
14.90
17.65
17.18
72
23.25
FCF margin%
22.54
24.72
26.93
29.44
29.42
30.29
30.03
31.04
33.61
31.80
24.48
31.04
29.74
87
0.126
FCF / Net incomex
0.595
0.629
0.571
0.494
0.459
0.397
0.379
0.397
0.371
0.373
1.239
0.379
0.428
19
13.36
ROIC%
15.59
17.73
17.08
18.27
17.52
15.89
15.64
16.83
18.49
18.73
14.04
16.83
17.30
37
6.54
Return on equity%
22.70
20.92
19.98
21.58
18.58
16.23
18.64
16.67
18.51
18.54
11.43
18.51
18.61
31
10.45
Return on assets%
9.41
9.34
7.92
5.46
8.12
10.73
12.45
13.93
12.74
9.95
19.78
12.45
9.68
36
2.82
EPSNT$
2.77
3.26
3.71
4.07
4.21
4.28
4.39
4.81
5.47
6.38
3.02
8.69%
10.24%
—
10.27
EPS growth%
4.29
5.23
2.47
2.60
2.62
2.15
4.23
1.47
2.91
4.65
5.48
2.91
2.76
49
5.05
Bookvalue per shNT$
5.25
5.88
5.91
6.56
7.23
8.00
9.29
10.52
10.82
11.27
1.12
9.30%
9.71%
—
2.48
FCF per shareNT$
4.26
4.47
4.72
5.19
5.59
6.14
6.19
5.79
5.40
5.56
2.90
(0.11%)
2.34%
—
4.01
Dividend per shNT$
1.06
1.09
1.23
1.16
1.24
1.20
1.18
1.17
1.22
1.29
2.97
0.89%
2.10%
—
13.81
Div yield (avg)%
24.32
24.51
23.41
21.73
20.91
19.47
18.04
20.30
22.86
21.76
24.98
20.30
21.74
43
3.51
Payout ratio%
18.28
20.92
18.03
17.69
15.10
13.01
12.94
14.70
13.67
10.80
17.20
13.01
14.90
75
227.0
Shares (diluted)M
237.3
223.0
246.5
283.4
279.3
297.6
329.8
327.7
307.1
332.6
227.5
3.55%
3.19%
85
17.67
Buyback yield%
0.40
0.40
0.40
2.85
0.46
0.80
0.87
2.31
1.00
2.98
6.44
1.00
0.84
6
0.614
D/E ratiox
0.828
0.897
0.909
0.946
0.870
0.884
0.903
0.853
0.967
0.899
1.698
0.899
0.898
28
2.980
Enterprise valueNT$B
0.272
0.272
0.283
0.271
0.289
0.330
0.349
0.405
0.407
0.455
2.337
9.54%
5.51%
60
0.794
LT debtNT$B
1.086
1.218
1.175
1.246
1.279
1.272
1.293
1.445
1.618
1.725
1.611
6.17%
4.93%
88
Cost of revenue
2.58%
1.03×
Operating expenses
1.49%
0.93×
Cash and investments
19.96%
Spread over hurdle
(0.16%)