0.625
RevenueNT$B
1.016
1.008
1.035
1.035
1.014
1.025
1.010
1.027
1.021
1.036
0.685
0.43%
0.45%
18
16.25
Revenue growth%
15.25
13.66
10.71
8.32
11.10
8.58
6.14
3.32
2.64
5.22
26.65
5.22
8.45
67
10.84
Gross margin%
3.19
6.03
7.99
10.26
10.53
11.97
9.74
11.39
9.25
11.77
9.51
11.39
10.00
67
25.00
Operating margin%
24.07
26.04
24.07
23.60
23.32
25.66
23.49
23.85
21.53
19.62
16.39
23.49
23.72
52
13.60
Net margin%
23.92
21.66
20.52
23.23
24.63
22.45
20.12
18.72
15.82
12.92
28.95
18.72
21.09
84
7.960
P/E ratio (avg)x
20.45
21.99
22.92
22.78
24.85
24.58
27.03
28.68
32.20
33.87
22.49
28.68
24.71
14
19.76
EV/EBITx
58.40
58.50
63.15
64.68
65.84
67.80
74.84
86.45
88.15
102.6
14.54
86.45
66.82
31
6.22
FCF yield (avg)%
33.26
31.50
28.65
28.74
31.50
29.94
31.35
30.49
33.15
31.84
17.91
31.35
31.43
5
16.82
FCF margin%
10.61
10.62
8.01
6.26
7.42
8.88
8.91
6.11
5.39
2.77
2.03
6.11
7.71
44
0.510
FCF / Net incomex
0.853
0.906
0.871
0.876
0.922
0.884
0.964
0.928
0.900
0.852
1.772
0.900
0.892
50
21.41
ROIC%
21.92
20.85
19.37
19.89
21.81
21.68
21.11
23.30
24.14
21.93
24.89
21.93
21.74
64
11.82
Return on equity%
24.38
23.76
21.06
19.27
20.51
18.08
16.16
16.70
15.93
13.20
2.44
16.16
18.67
92
14.05
Return on assets%
30.54
30.81
32.76
33.44
34.98
37.24
39.87
41.41
40.76
38.08
11.91
39.87
36.11
68
1.99
EPSNT$
3.28
3.57
3.80
4.11
4.37
3.82
3.91
4.22
4.29
3.95
2.12
(2.04%)
1.57%
—
2.57
EPS growth%
28.27
31.18
32.15
33.69
33.61
33.16
30.90
29.88
31.80
31.48
12.14
31.48
31.64
36
2.14
Bookvalue per shNT$
5.66
5.39
5.73
6.11
6.47
7.28
7.17
6.87
6.51
7.24
2.98
2.26%
3.92%
—
3.37
FCF per shareNT$
4.88
5.09
5.04
5.16
5.47
5.48
5.97
6.15
6.54
6.37
3.12
3.08%
4.39%
—
2.09
Dividend per shNT$
1.44
1.70
1.62
1.77
1.86
1.80
1.83
1.98
2.22
2.20
7.08
3.36%
5.54%
—
10.60
Div yield (avg)%
4.07
4.87
5.36
7.14
6.74
5.45
6.86
8.06
5.40
4.01
19.40
5.45
5.42
7
24.48
Payout ratio%
24.30
22.56
24.70
27.16
26.53
24.28
25.00
24.44
27.40
29.28
29.57
25.00
24.85
44
66.82
Shares (diluted)M
114.3
113.0
121.5
121.9
140.5
164.9
186.7
192.9
208.3
235.2
67.74
10.86%
9.58%
83
21.67
Buyback yield%
12.55
14.54
11.72
9.68
12.50
10.15
12.93
11.69
9.42
11.14
10.71
11.14
11.71
19
0.251
D/E ratiox
1.845
1.870
2.222
2.634
2.644
2.997
3.195
3.432
3.865
4.164
1.798
3.432
2.821
88
0.050
Enterprise valueNT$B
1.298
1.460
1.653
1.937
2.074
2.170
2.465
2.475
2.542
2.709
0.111
5.48%
9.58%
8
0.217
LT debtNT$B
1.573
1.805
2.017
2.260
2.371
2.524
2.483
2.539
2.836
3.317
0.128
6.95%
8.09%
88
Cost of revenue
0.61%
1.02×
Operating expenses
0.51%
1.01×
Goodwill & intangibles
17.66%
Spread over hurdle
20.72%