0.653
RevenueNT$B
1.029
1.103
1.210
1.294
1.437
1.567
1.728
1.893
2.037
2.190
0.707
8.79%
8.74%
73
3.91
Revenue growth%
7.87
9.10
6.55
7.93
8.83
11.07
9.07
9.68
11.36
11.82
21.44
11.07
9.08
48
9.40
Gross margin%
12.56
13.70
12.59
12.41
13.17
11.50
9.83
11.71
10.51
13.50
7.95
11.50
12.49
33
2.07
Operating margin%
34.25
31.69
30.15
31.97
31.51
32.84
30.87
29.64
27.80
25.76
12.88
29.64
31.19
75
6.94
Net margin%
24.76
25.24
26.43
24.24
26.89
24.78
25.94
23.72
21.12
18.59
25.06
23.72
24.77
19
20.43
P/E ratio (avg)x
8.796
9.313
10.12
10.07
9.005
9.175
8.711
8.812
7.771
7.160
21.85
8.711
8.908
39
24.92
EV/EBITx
18.14
20.36
22.42
25.49
29.04
28.38
32.19
36.34
42.24
47.90
25.72
36.34
28.71
22
25.46
FCF yield (avg)%
17.76
17.07
19.22
19.05
21.77
23.21
24.36
26.45
26.13
28.73
4.38
26.13
22.49
25
18.73
FCF margin%
7.24
6.53
7.52
10.33
11.99
10.97
9.84
9.20
11.08
8.29
29.89
9.84
9.52
19
0.601
FCF / Net incomex
1.289
1.437
1.601
1.750
1.622
1.662
1.477
1.499
1.658
1.592
0.533
1.592
1.596
88
13.85
ROIC%
22.83
22.44
24.43
23.42
26.33
28.72
30.55
32.91
29.99
27.17
11.95
29.99
26.75
85
14.97
Return on equity%
3.44
2.18
1.77
0.40
0.40
2.56
0.56
0.40
2.29
3.53
24.24
2.29
1.98
34
5.21
Return on assets%
2.34
1.32
1.87
0.40
1.23
0.40
0.40
0.40
2.42
0.40
18.35
0.40
0.82
42
4.66
EPSNT$
5.35
5.00
5.64
6.08
6.58
7.43
8.09
8.88
8.89
9.17
4.92
6.87%
6.07%
—
15.33
EPS growth%
29.11
28.01
25.14
27.31
26.32
28.66
29.11
27.67
27.69
30.14
7.40
28.66
27.85
61
2.66
Bookvalue per shNT$
5.80
5.47
5.88
5.32
5.46
5.21
4.66
4.67
3.95
4.17
8.04
(5.24%)
(2.72%)
—
7.89
FCF per shareNT$
3.86
3.88
4.08
4.29
4.29
4.36
4.71
4.01
3.67
3.83
3.83
(2.24%)
(0.94%)
—
3.90
Dividend per shNT$
8.37
9.74
11.30
12.02
11.92
11.67
12.34
12.69
12.49
12.27
1.74
0.57%
4.93%
—
26.92
Div yield (avg)%
29.75
29.58
31.93
30.18
27.46
28.25
30.47
28.69
25.99
23.13
4.47
28.25
29.14
22
24.67
Payout ratio%
15.96
16.09
14.62
14.42
11.42
8.91
7.52
8.83
5.85
8.25
2.68
8.25
10.16
82
204.3
Shares (diluted)M
138.1
147.7
130.7
111.7
106.1
96.43
91.78
85.15
87.66
87.75
195.0
(3.74%)
(4.80%)
14
17.40
Buyback yield%
12.31
9.46
7.41
8.30
8.21
6.01
6.76
4.66
3.54
1.99
12.71
4.66
7.09
84
1.655
D/E ratiox
1.743
2.015
1.939
2.188
2.313
2.761
2.917
3.195
3.545
4.057
1.423
3.195
2.537
81
0.118
Enterprise valueNT$B
2.352
2.368
2.530
2.432
2.625
2.733
2.975
3.470
3.986
4.238
1.067
10.06%
7.65%
49
1,713
LT debtNT$M
505.3
454.0
477.4
505.5
451.1
462.1
435.3
394.3
380.3
375.5
189.4
(3.60%)
(3.91%)
79
Cost of revenue
8.58%
0.99×
Operating expenses
9.34%
1.06×
Property and equipment
15.12%
Spread over hurdle
12.53%