0.950
RevenueNT$B
1.041
1.038
1.061
1.052
1.064
1.101
1.101
1.130
1.161
1.191
1.038
2.27%
1.75%
92
29.94
Revenue growth%
8.31
5.38
8.29
10.06
11.29
9.67
12.30
15.06
13.94
13.15
12.80
13.15
10.67
77
18.81
Gross margin%
26.79
26.09
23.64
24.29
24.31
26.90
24.24
21.84
20.97
23.09
20.56
23.09
24.27
32
29.62
Operating margin%
15.98
18.72
20.86
17.90
17.46
18.26
19.25
18.08
19.96
19.34
22.65
19.25
18.49
85
21.23
Net margin%
0.40
2.71
3.55
2.41
0.98
3.60
0.93
3.33
5.79
5.34
3.21
3.60
3.02
77
10.74
P/E ratio (avg)x
27.82
31.60
34.33
34.66
34.57
39.36
44.88
49.84
49.85
53.74
25.19
49.84
37.01
20
22.38
EV/EBITx
23.73
25.68
25.64
27.97
31.55
34.21
36.21
36.24
38.94
38.22
15.86
36.24
32.88
70
10.54
FCF yield (avg)%
24.45
21.99
23.65
24.54
22.10
24.44
26.16
23.42
21.19
24.00
27.34
24.00
23.83
65
15.83
FCF margin%
26.59
28.85
28.87
26.88
29.19
29.32
29.56
31.58
29.27
27.22
22.45
29.32
29.03
35
1.753
FCF / Net incomex
2.420
2.382
2.240
2.550
2.689
2.718
2.721
2.763
2.756
3.187
1.512
2.756
2.704
73
19.44
ROIC%
13.90
12.37
14.93
17.59
18.84
21.30
23.66
21.00
19.00
16.02
3.63
21.00
18.21
39
21.03
Return on equity%
13.47
11.74
11.03
13.03
11.73
10.69
13.65
14.69
16.53
16.72
5.33
14.69
13.25
78
3.66
Return on assets%
4.65
4.94
3.44
6.25
7.05
9.66
8.77
9.51
7.49
9.62
27.64
9.51
7.27
18
8.95
EPSNT$
19.56
21.34
23.45
23.84
22.31
20.46
18.78
20.15
20.24
22.22
9.83
(0.08%)
1.68%
—
2.64
EPS growth%
28.08
26.78
28.29
30.77
31.22
32.55
30.06
28.60
29.83
30.94
23.33
30.06
29.95
60
12.11
Bookvalue per shNT$
23.07
25.10
24.49
24.85
25.03
26.36
27.12
31.47
31.41
33.78
18.83
6.18%
3.74%
—
7.28
FCF per shareNT$
10.30
9.90
9.98
10.84
11.19
11.02
11.53
13.57
12.81
13.72
6.86
4.17%
4.00%
—
10.87
Dividend per shNT$
10.47
12.44
13.06
12.73
14.57
15.46
15.96
16.59
19.21
20.01
7.46
6.56%
8.16%
—
28.25
Div yield (avg)%
4.66
4.40
5.35
7.77
8.35
7.16
6.55
7.30
6.08
4.45
24.54
6.55
6.32
81
13.27
Payout ratio%
16.70
19.32
18.10
17.47
16.91
18.37
18.11
17.80
16.43
13.63
26.51
17.80
17.63
63
35.43
Shares (diluted)M
35.88
36.83
34.73
34.73
34.15
36.90
33.58
33.63
35.98
37.71
35.29
2.00%
0.12%
33
22.13
Buyback yield%
0.40
0.40
2.44
4.44
2.00
0.62
2.31
1.40
3.03
5.46
17.36
2.31
2.16
90
1.758
D/E ratiox
1.464
1.286
1.167
1.041
0.940
0.906
0.899
0.885
0.829
0.878
1.192
0.885
0.923
15
1.345
Enterprise valueNT$B
0.816
0.957
0.973
1.028
1.065
1.039
1.221
1.338
1.448
1.756
1.213
10.53%
8.40%
87
1.604
LT debtNT$B
0.291
0.260
0.290
0.267
0.245
0.225
0.217
0.191
0.180
0.161
1.034
(8.09%)
(5.61%)
83
Cost of revenue
1.53%
0.98×
Operating expenses
1.85%
1.01×
Spread over hurdle
(1.01%)