2.423
RevenueNT$B
1.170
1.271
1.376
1.475
1.620
1.767
1.878
2.043
2.203
2.399
2.638
8.17%
8.15%
45
27.78
Revenue growth%
1.96
4.57
5.89
5.23
2.31
2.51
3.61
1.57
2.42
1.52
14.13
2.42
2.47
30
24.63
Gross margin%
10.35
7.86
10.38
9.10
11.42
9.13
11.25
8.36
6.63
6.12
22.19
8.36
9.12
22
28.30
Operating margin%
5.37
5.16
2.84
5.68
7.58
10.03
11.05
12.33
13.13
13.92
18.93
12.33
8.81
28
22.67
Net margin%
13.13
14.21
15.59
15.18
14.85
14.01
12.23
13.19
12.21
13.69
18.52
13.19
13.85
8
35.04
P/E ratio (avg)x
8.567
8.272
8.439
8.176
8.805
8.436
7.980
8.222
9.644
9.175
26.86
8.436
8.437
16
9.545
EV/EBITx
15.56
17.03
15.64
15.55
17.64
19.89
22.19
23.61
26.39
29.32
36.49
23.61
18.76
11
18.05
FCF yield (avg)%
20.39
20.93
20.40
20.18
17.89
20.19
19.87
17.04
18.10
18.37
12.14
18.37
20.02
63
17.96
FCF margin%
10.03
8.39
11.19
8.95
11.93
9.27
6.91
4.41
1.43
0.40
25.59
4.41
8.67
12
1.349
FCF / Net incomex
3.108
3.247
3.223
3.819
4.299
4.724
5.257
5.580
6.741
7.727
0.214
5.580
4.512
15
8.13
ROIC%
18.99
18.41
17.41
20.24
20.69
21.92
19.55
20.96
21.45
21.74
23.55
21.45
20.46
57
17.00
Return on equity%
26.08
26.85
24.63
26.40
23.44
23.78
22.18
20.57
18.45
18.68
3.72
20.57
23.61
39
28.71
Return on assets%
9.47
7.12
5.95
4.47
5.41
8.29
9.06
6.86
3.97
2.59
11.02
6.86
6.41
50
5.97
EPSNT$
17.88
19.15
16.99
18.80
16.90
16.90
16.49
15.19
16.29
17.41
6.49
0.60%
(1.05%)
—
12.85
EPS growth%
24.19
23.35
24.78
25.35
27.71
28.98
26.18
28.15
30.71
29.69
8.88
28.98
26.95
9
26.34
Bookvalue per shNT$
31.44
34.49
32.66
31.00
28.87
29.51
31.69
32.22
34.46
39.03
13.90
6.22%
3.68%
—
14.54
FCF per shareNT$
32.29
29.67
31.71
29.13
28.45
31.24
29.67
33.15
32.91
30.27
17.60
1.25%
(0.32%)
—
12.28
Dividend per shNT$
25.98
27.44
26.12
28.09
30.70
33.40
37.55
35.29
38.33
37.84
15.93
4.27%
5.50%
—
27.01
Div yield (avg)%
12.47
15.42
15.08
14.85
13.82
15.07
15.49
17.26
15.58
14.95
21.50
15.49
15.08
60
2.84
Payout ratio%
0.40
0.40
0.40
0.62
0.40
3.04
1.05
1.87
2.54
0.40
22.29
1.87
0.51
21
50.11
Shares (diluted)M
38.13
40.34
41.71
40.72
42.94
41.91
37.34
37.92
38.50
40.95
51.43
(0.95%)
0.02%
12
22.11
Buyback yield%
11.14
13.25
12.66
11.36
11.03
8.98
8.38
5.43
3.06
5.72
25.70
5.72
10.00
69
0.304
D/E ratiox
0.820
0.804
0.803
0.882
0.822
0.872
0.783
0.804
0.861
0.761
1.697
0.804
0.812
40
0.611
Enterprise valueNT$B
1.277
1.294
1.210
1.258
1.069
0.938
0.978
0.861
0.824
0.870
0.590
(4.03%)
(4.71%)
8
1.009
LT debtNT$B
1.459
1.624
1.688
1.731
1.723
1.910
1.968
1.833
1.785
1.740
1.226
0.19%
1.10%
6
Cost of revenue
7.63%
0.95×
Operating expenses
8.76%
1.06×
Property and equipment
16.45%
Cash and investments
15.33%
Spread over hurdle
(0.90%)