1.427
RevenueNT$B
0.942
0.970
0.991
1.049
1.106
1.141
1.157
1.207
1.255
1.326
1.590
3.69%
4.10%
45
9.94
Revenue growth%
33.53
32.63
33.12
35.47
33.82
31.07
33.76
32.55
29.59
31.27
27.36
31.27
32.88
44
12.19
Gross margin%
18.45
17.97
18.58
16.10
14.36
15.00
17.35
17.51
18.05
17.24
7.42
17.35
17.43
24
19.93
Operating margin%
8.58
8.14
6.36
6.24
5.26
3.20
0.81
3.07
2.31
0.49
23.83
2.31
4.23
65
17.37
Net margin%
28.47
29.95
30.00
28.76
27.36
26.59
26.06
25.08
25.57
25.14
27.56
25.57
26.97
57
33.23
P/E ratio (avg)x
30.60
29.48
31.61
33.69
33.28
34.58
37.97
36.91
35.57
36.01
13.59
36.01
34.13
35
17.29
EV/EBITx
25.93
25.21
24.70
27.83
27.88
30.95
33.41
30.93
31.17
28.56
23.92
30.95
28.22
85
19.73
FCF yield (avg)%
6.22
4.00
3.28
3.04
4.36
2.32
0.40
0.74
0.40
0.40
16.02
0.40
2.68
93
9.56
FCF margin%
24.61
21.69
22.15
19.79
17.42
18.66
20.76
23.12
22.02
22.63
8.65
22.02
21.85
66
0.763
FCF / Net incomex
0.595
0.620
0.663
0.769
0.773
0.837
0.940
1.083
1.072
1.276
0.345
1.072
0.805
69
19.02
ROIC%
1.65
4.57
2.50
5.23
5.53
4.89
5.02
3.70
5.48
8.33
2.96
5.02
4.95
72
9.09
Return on equity%
16.37
13.71
11.79
14.03
11.41
13.84
14.99
13.95
14.02
16.84
20.41
14.02
13.98
73
17.76
Return on assets%
9.09
11.01
8.70
10.90
11.92
13.09
11.98
12.80
10.08
10.26
11.14
11.98
10.95
27
6.29
EPSNT$
11.58
13.02
15.05
14.81
16.56
16.48
16.37
19.82
19.72
20.20
6.96
4.06%
7.13%
—
28.75
EPS growth%
15.11
16.21
15.87
14.43
13.80
16.11
13.62
11.28
8.42
8.61
7.59
11.28
14.12
82
4.30
Bookvalue per shNT$
5.64
5.23
5.65
5.87
6.37
6.98
7.54
8.64
8.74
9.23
8.00
7.69%
4.93%
—
4.92
FCF per shareNT$
7.30
7.84
7.45
8.13
7.99
8.15
7.93
7.93
8.32
9.76
2.12
4.08%
4.25%
—
4.31
Dividend per shNT$
4.45
3.97
4.00
3.94
3.66
3.71
3.91
3.81
4.09
4.51
7.39
4.26%
1.08%
—
12.29
Div yield (avg)%
13.19
10.86
13.59
13.50
12.56
10.52
9.89
12.74
13.70
16.32
14.23
12.74
12.97
74
2.37
Payout ratio%
16.41
18.64
18.91
19.82
21.60
19.00
16.50
14.45
13.28
14.59
8.24
14.59
17.57
34
84.65
Shares (diluted)M
65.89
69.90
62.51
63.39
64.67
66.37
71.54
68.10
73.40
77.84
87.18
3.78%
0.43%
11
17.23
Buyback yield%
9.67
8.43
8.17
5.90
7.64
8.79
8.02
5.80
2.92
1.98
27.50
5.80
7.83
41
1.419
D/E ratiox
0.308
0.322
0.336
0.310
0.276
0.289
0.307
0.329
0.314
0.279
0.317
0.307
0.309
64
1.214
Enterprise valueNT$B
2.908
3.395
3.842
4.531
4.597
4.716
4.811
5.119
5.765
6.026
1.580
5.56%
8.36%
94
1.071
LT debtNT$B
0.608
0.644
0.647
0.560
0.507
0.516
0.543
0.467
0.495
0.431
1.415
(3.19%)
(2.57%)
27
Cost of revenue
4.32%
1.02×
Operating expenses
4.11%
1.00×
Goodwill & intangibles
19.94%
Spread over hurdle
(1.32%)