15.03
RevenueNT$B
7.203
7.789
8.522
9.208
9.852
10.71
11.60
12.48
13.70
14.94
16.09
8.68%
8.48%
91
23.60
Revenue growth%
15.15
18.11
21.02
22.64
24.90
27.62
27.13
28.47
28.06
29.94
20.98
28.06
26.01
63
29.88
Gross margin%
22.84
25.01
23.71
26.12
25.48
22.71
22.72
20.62
21.75
20.47
18.90
21.75
22.78
20
14.10
Operating margin%
8.55
10.73
9.17
8.60
5.79
7.00
4.99
2.11
4.76
3.76
18.40
4.76
6.39
8
26.57
Net margin%
16.44
16.98
16.10
17.21
14.71
12.04
12.90
13.99
14.83
15.24
21.00
13.99
15.03
27
27.61
P/E ratio (avg)x
20.96
19.78
16.90
15.22
13.16
13.61
12.37
12.89
11.22
12.06
8.927
12.37
13.38
84
35.82
EV/EBITx
5.847
5.885
5.024
4.702
4.040
3.572
3.537
3.260
3.277
2.840
26.82
3.277
3.806
92
23.24
FCF yield (avg)%
22.97
20.33
22.91
25.77
28.49
28.93
29.87
29.38
32.07
34.33
28.00
29.87
28.71
66
29.66
FCF margin%
26.79
27.11
26.55
28.35
27.72
30.26
30.44
29.16
28.76
28.67
4.42
29.16
28.51
29
1.140
FCF / Net incomex
0.453
0.421
0.417
0.388
0.393
0.338
0.327
0.330
0.343
0.346
0.826
0.338
0.367
85
8.62
ROIC%
20.86
19.19
22.09
21.21
21.75
22.70
24.13
21.69
19.04
19.13
20.97
21.69
21.45
13
28.48
Return on equity%
18.95
19.87
17.45
17.39
17.12
14.21
11.61
12.72
12.69
10.99
4.91
12.69
15.67
87
20.87
Return on assets%
12.84
12.29
10.42
12.95
13.89
14.59
16.99
16.07
16.28
19.26
21.35
16.28
14.24
67
101.18
EPSNT$
17.07
15.92
16.89
16.27
17.48
19.55
19.45
18.68
17.93
19.60
105.42
2.32%
0.55%
—
22.02
EPS growth%
20.36
19.88
17.40
18.50
20.86
22.27
21.09
22.49
22.36
23.98
29.64
22.36
20.98
44
123.59
Bookvalue per shNT$
89.97
102.10
115.64
134.98
135.05
146.88
147.30
144.32
170.87
183.57
31.97
6.33%
6.90%
—
58.96
FCF per shareNT$
105.17
99.72
105.65
102.03
100.35
106.47
118.00
121.16
139.98
139.84
56.49
6.86%
2.41%
—
75.81
Dividend per shNT$
79.55
71.57
73.23
76.83
79.65
72.01
75.38
78.99
76.10
72.54
96.35
(1.85%)
(2.33%)
—
22.31
Div yield (avg)%
19.98
18.25
16.72
16.20
14.03
12.70
10.16
8.90
6.48
8.71
10.55
8.90
13.36
14
22.21
Payout ratio%
29.60
29.01
29.83
30.90
29.18
27.34
25.73
26.91
28.54
27.89
3.12
27.34
28.78
55
160.3
Shares (diluted)M
197.4
232.6
242.0
278.9
299.7
323.0
315.9
328.4
377.0
438.6
165.5
7.91%
8.35%
72
15.91
Buyback yield%
16.02
17.13
18.15
18.96
20.16
19.67
17.98
17.05
15.91
17.24
4.24
17.24
17.61
14
1.544
D/E ratiox
0.405
0.379
0.354
0.388
0.427
0.414
0.387
0.405
0.422
0.423
1.245
0.414
0.405
51
14.71
Enterprise valueNT$B
11.62
11.13
12.01
12.36
12.58
10.84
9.809
9.288
8.301
7.422
14.58
(10.01%)
(4.94%)
59
2.868
LT debtNT$B
4.626
4.777
4.361
4.482
4.578
4.385
4.797
4.363
4.534
4.642
16.02
0.28%
0.59%
87
Cost of revenue
8.42%
0.99×
Operating expenses
8.59%
1.01×
Property and equipment
20.59%
Cash and investments
20.50%
Goodwill & intangibles
16.05%
Spread over hurdle
(1.29%)