2.700
RevenueNT$B
2.401
2.524
2.694
2.824
2.962
3.088
3.319
3.579
3.845
4.156
2.952
7.01%
6.36%
44
22.78
Revenue growth%
13.76
13.15
12.16
15.02
13.81
13.01
14.72
16.32
16.79
14.88
17.37
14.88
14.27
64
14.85
Gross margin%
16.78
16.52
19.28
17.62
15.10
12.18
14.29
15.47
17.33
19.23
15.37
15.47
16.65
10
9.16
Operating margin%
34.86
32.91
33.58
35.70
37.10
35.20
35.71
34.74
32.39
32.60
24.64
34.74
34.80
46
6.13
Net margin%
4.87
4.41
6.83
5.12
6.15
6.55
7.89
5.64
5.68
3.69
4.33
5.68
5.66
91
29.78
P/E ratio (avg)x
13.25
14.80
14.96
15.96
15.22
16.50
18.44
17.14
19.59
21.01
8.873
18.44
16.23
40
34.73
EV/EBITx
20.02
21.88
24.20
26.32
29.09
26.90
29.84
29.77
28.10
30.52
19.16
29.77
27.50
90
25.78
FCF yield (avg)%
26.53
29.22
28.99
29.28
31.90
29.64
28.49
30.98
30.60
32.05
12.93
30.60
29.46
33
25.57
FCF margin%
7.56
7.21
5.55
7.06
7.29
10.11
12.21
14.49
16.82
17.37
6.75
14.49
8.83
44
1.793
FCF / Net incomex
0.150
0.142
0.133
0.124
0.138
0.122
0.122
0.113
0.122
0.135
0.249
0.122
0.129
85
19.03
ROIC%
11.98
12.22
13.05
11.85
10.34
12.19
12.97
10.64
11.21
13.66
7.44
12.19
12.09
6
22.45
Return on equity%
14.66
14.34
16.42
17.33
18.51
19.72
20.35
23.13
20.15
22.43
26.86
20.35
19.12
36
22.65
Return on assets%
13.67
15.55
14.81
15.48
17.78
17.21
18.17
17.74
16.53
19.10
23.48
17.74
16.87
82
5.21
EPSNT$
4.81
4.98
5.40
6.08
6.15
6.06
5.99
5.91
5.92
6.70
5.77
1.73%
3.71%
—
13.87
EPS growth%
12.81
14.25
16.68
13.77
12.45
13.88
16.52
17.94
18.27
20.45
22.05
17.94
15.39
45
12.36
Bookvalue per shNT$
6.80
7.29
8.62
10.35
10.42
11.18
12.58
13.05
14.80
15.20
10.16
7.85%
9.62%
—
7.15
FCF per shareNT$
13.28
15.83
15.43
17.94
20.53
20.64
23.64
28.16
29.12
32.23
10.34
9.44%
9.56%
—
12.45
Dividend per shNT$
13.01
14.29
13.66
14.23
15.08
16.70
19.54
21.93
24.18
24.38
8.47
10.08%
6.80%
—
4.15
Div yield (avg)%
19.50
20.46
21.37
20.14
21.41
19.45
21.55
24.49
23.96
21.34
15.77
21.55
21.35
59
28.47
Payout ratio%
29.52
30.05
28.50
27.16
29.31
31.53
31.50
30.35
31.89
31.83
28.02
31.53
30.20
40
172.6
Shares (diluted)M
162.6
172.6
157.0
156.8
152.4
163.4
149.9
154.0
138.9
150.7
169.3
(0.22%)
(0.12%)
81
23.87
Buyback yield%
18.13
15.57
12.83
14.45
12.12
10.83
13.64
12.16
14.68
16.14
4.88
13.64
14.05
8
0.841
D/E ratiox
0.421
0.422
0.445
0.376
0.358
0.327
0.312
0.314
0.290
0.249
1.229
0.312
0.342
51
0.805
Enterprise valueNT$B
2.592
2.792
2.960
3.230
3.219
3.439
3.659
3.392
3.740
3.986
3.130
4.37%
4.74%
62
0.456
LT debtNT$B
2.080
2.127
2.287
2.191
2.072
2.039
2.404
2.830
3.100
3.598
5.023
11.66%
6.91%
51
Cost of revenue
6.32%
1.00×
Operating expenses
5.89%
0.96×
Goodwill & intangibles
14.35%
Spread over hurdle
69.95%