4.082
RevenueNT$B
3.570
3.800
4.142
4.339
4.552
4.880
5.175
5.438
5.814
6.337
4.557
6.84%
6.62%
66
5.62
Revenue growth%
14.48
13.54
12.03
10.71
11.15
13.64
11.74
12.09
10.80
7.99
25.57
11.74
11.88
20
17.51
Gross margin%
10.43
13.02
13.53
13.39
12.85
12.45
14.17
13.96
14.50
12.10
6.14
13.96
13.20
30
5.24
Operating margin%
3.31
3.13
3.14
5.50
7.82
8.32
11.12
10.64
12.90
12.14
10.23
11.12
8.07
48
22.22
Net margin%
24.65
23.92
24.10
24.69
27.59
30.37
31.95
34.17
35.14
38.04
27.29
34.17
28.98
74
19.88
P/E ratio (avg)x
15.34
13.98
12.62
11.14
10.07
8.827
8.205
7.621
7.930
7.111
26.47
7.930
9.448
65
18.73
EV/EBITx
26.32
27.83
29.14
27.65
31.33
31.38
34.30
36.02
35.42
31.93
24.68
34.30
31.36
86
27.69
FCF yield (avg)%
22.62
21.54
22.68
23.55
21.57
21.98
22.87
21.43
23.93
23.68
3.88
22.87
22.65
35
15.94
FCF margin%
4.14
2.48
5.26
6.69
8.50
10.53
10.28
12.61
12.40
13.78
29.26
12.40
9.39
78
1.768
FCF / Net incomex
0.320
0.344
0.338
0.335
0.368
0.415
0.475
0.436
0.399
0.442
1.531
0.436
0.384
34
29.45
ROIC%
10.27
7.41
6.05
8.30
5.42
5.68
6.15
4.16
7.04
4.23
4.38
5.68
6.10
31
26.12
Return on equity%
8.83
6.09
3.65
3.84
5.86
7.48
5.46
6.65
5.83
6.72
5.98
6.65
5.98
6
29.57
Return on assets%
0.40
0.40
3.34
0.80
0.59
1.75
0.65
1.60
4.23
1.66
26.55
1.66
1.20
37
29.06
EPSNT$
30.70
31.53
31.26
35.46
36.90
40.97
43.04
48.20
47.27
51.30
32.07
6.81%
6.06%
—
14.26
EPS growth%
16.69
15.52
16.68
19.48
22.03
24.19
21.36
22.71
23.95
24.29
15.20
23.95
21.69
16
29.22
Bookvalue per shNT$
36.37
40.70
40.40
37.67
42.58
46.44
46.95
49.46
52.42
58.45
31.01
6.54%
6.12%
—
8.95
FCF per shareNT$
29.45
32.11
29.07
31.16
30.69
28.45
28.39
24.87
24.57
21.90
6.90
(6.52%)
(3.33%)
—
14.80
Dividend per shNT$
21.09
22.55
24.03
22.45
23.02
23.03
24.95
26.25
27.07
23.58
9.22
0.49%
0.64%
—
28.58
Div yield (avg)%
8.33
7.13
4.67
3.48
6.38
7.56
9.38
12.05
14.56
17.42
15.18
12.05
7.94
59
17.34
Payout ratio%
31.09
34.01
32.26
33.89
33.06
34.24
31.74
28.75
31.74
31.87
5.93
31.74
32.06
75
42.46
Shares (diluted)M
56.25
65.10
65.43
75.46
78.51
89.58
97.35
113.3
135.4
161.3
42.41
15.49%
12.03%
46
22.55
Buyback yield%
21.88
19.21
16.46
15.23
16.89
15.70
16.63
17.38
15.93
13.50
12.15
15.93
16.54
55
1.376
D/E ratiox
0.964
0.893
0.803
0.732
0.735
0.780
0.702
0.721
0.727
0.656
0.694
0.721
0.734
15
1.683
Enterprise valueNT$B
1.316
1.290
1.285
1.245
1.203
1.267
1.197
1.067
1.034
0.951
4.098
(4.59%)
(3.83%)
87
1.129
LT debtNT$B
4.443
4.993
5.282
5.247
4.802
4.335
4.394
4.045
3.662
4.001
4.897
(3.58%)
(1.53%)
52
Cost of revenue
6.22%
0.96×
Operating expenses
7.74%
1.11×
Cash and investments
20.51%
Spread over hurdle
36.59%