1.569
RevenueNT$B
0.934
1.013
1.058
1.114
1.182
1.281
1.359
1.475
1.559
1.663
1.645
7.07%
6.87%
17
25.01
Revenue growth%
8.87
9.42
8.71
7.10
9.86
10.41
12.69
13.27
12.41
10.90
3.19
12.41
10.14
15
3.83
Gross margin%
27.09
26.09
29.01
31.37
28.94
30.82
28.07
30.06
29.77
30.57
15.46
30.06
29.39
22
23.46
Operating margin%
23.76
21.64
22.47
23.16
22.38
20.93
19.67
18.57
20.76
23.40
23.87
20.76
22.01
41
21.74
Net margin%
3.16
2.67
3.68
6.06
5.64
3.53
2.44
0.40
1.99
0.40
20.38
1.99
2.92
61
27.22
P/E ratio (avg)x
14.94
16.32
16.66
16.30
17.56
16.58
15.20
13.60
11.99
10.89
35.08
13.60
15.75
17
33.42
EV/EBITx
59.06
60.88
63.87
75.39
85.28
97.35
107.8
112.7
129.2
135.5
18.33
112.7
91.32
30
13.14
FCF yield (avg)%
6.93
8.59
11.36
13.12
13.02
13.50
14.32
12.10
9.61
9.35
26.33
12.10
11.73
14
27.24
FCF margin%
14.00
12.11
11.81
14.05
15.07
13.60
14.45
13.16
13.34
13.02
12.47
13.34
13.47
15
0.136
FCF / Net incomex
0.148
0.163
0.183
0.189
0.202
0.220
0.226
0.252
0.287
0.304
0.247
0.252
0.211
55
24.04
ROIC%
18.75
18.66
21.46
21.06
21.21
23.26
24.74
23.91
23.37
20.51
21.50
23.37
21.33
81
19.90
Return on equity%
26.58
25.32
27.51
25.05
27.75
28.68
26.55
27.78
29.25
29.53
16.48
28.68
27.63
21
17.47
Return on assets%
4.78
4.32
5.10
4.43
2.02
0.40
1.89
1.75
0.40
1.96
6.72
1.75
1.99
16
6.87
EPSNT$
9.83
9.03
8.92
10.25
10.27
9.99
11.13
10.72
10.42
10.71
7.45
0.85%
1.91%
—
4.58
EPS growth%
16.38
18.12
17.56
18.29
18.95
17.63
20.60
19.69
17.88
20.50
11.79
19.69
18.21
43
3.02
Bookvalue per shNT$
1.36
1.58
1.60
1.68
1.93
2.26
2.49
2.35
2.63
2.73
8.15
7.16%
7.02%
—
3.94
FCF per shareNT$
3.82
4.39
5.27
5.67
6.30
7.39
8.67
9.05
9.81
10.03
4.38
9.74%
10.60%
—
5.34
Dividend per shNT$
13.19
15.19
15.16
15.78
15.37
14.77
14.26
15.13
14.62
15.45
1.81
0.10%
2.28%
—
8.11
Div yield (avg)%
8.91
7.93
10.86
11.72
12.76
11.10
8.57
8.05
6.79
5.98
28.39
8.05
8.74
14
18.49
Payout ratio%
20.07
22.74
20.66
23.63
25.16
25.62
27.01
28.78
26.24
26.24
25.27
26.24
25.39
31
73.85
Shares (diluted)M
128.0
138.6
152.6
153.3
157.2
162.7
186.6
205.5
217.8
215.6
76.84
6.52%
6.90%
6
18.98
Buyback yield%
9.48
8.53
7.14
7.23
5.88
3.06
4.04
4.40
5.08
3.46
10.35
4.04
5.48
80
1.450
D/E ratiox
1.294
1.383
1.273
1.283
1.150
1.061
1.091
0.943
0.896
0.888
0.973
0.943
1.120
42
0.787
Enterprise valueNT$B
3.109
3.593
3.837
3.745
3.743
4.497
4.460
4.977
5.477
5.776
1.541
9.06%
7.60%
84
1.277
LT debtNT$B
0.899
1.062
1.089
1.209
1.308
1.271
1.273
1.251
1.350
1.414
1.302
1.57%
6.13%
52
Cost of revenue
6.89%
1.00×
Operating expenses
6.82%
1.00×
Property and equipment
17.43%
Spread over hurdle
10.92%