2.042
RevenueNT$B
1.833
1.809
1.803
1.847
1.896
1.877
1.924
1.930
1.979
1.973
2.098
0.80%
0.75%
57
5.68
Revenue growth%
8.73
10.63
8.19
9.44
10.63
12.76
12.59
14.89
14.74
14.08
14.37
14.08
11.61
33
28.46
Gross margin%
2.13
3.55
1.61
4.05
1.42
0.42
0.40
0.86
0.40
1.11
12.97
0.42
1.27
49
8.89
Operating margin%
28.25
30.25
27.34
24.57
21.84
19.97
19.42
19.43
20.23
20.27
23.36
19.97
21.05
23
27.03
Net margin%
5.55
6.45
8.37
8.74
10.67
11.06
13.88
12.39
14.14
13.77
5.91
13.77
10.87
53
25.98
P/E ratio (avg)x
14.45
15.93
15.54
16.06
14.59
13.16
12.70
13.63
15.11
16.10
29.92
13.63
14.85
80
26.63
EV/EBITx
42.83
44.62
44.51
43.45
42.42
48.72
54.23
57.60
67.36
76.81
26.59
57.60
46.67
18
7.47
FCF yield (avg)%
9.77
8.47
5.61
4.06
3.90
2.00
1.15
1.70
0.99
3.56
15.00
1.70
3.73
39
26.17
FCF margin%
0.40
1.51
1.86
4.74
4.23
6.60
7.21
4.65
5.15
7.32
14.28
6.60
4.70
16
0.370
FCF / Net incomex
0.605
0.665
0.735
0.760
0.842
0.839
0.926
0.908
0.921
0.979
0.471
0.921
0.840
52
19.55
ROIC%
0.74
2.78
1.61
3.73
3.57
3.04
0.40
2.42
1.83
4.03
17.91
2.42
2.60
30
22.92
Return on equity%
17.03
15.72
17.26
19.12
21.42
23.03
21.56
19.49
20.78
21.74
29.78
21.56
20.13
90
17.90
Return on assets%
23.91
21.33
21.09
19.47
20.69
17.98
15.29
16.95
16.72
17.73
12.79
16.95
18.73
78
35.59
EPSNT$
17.65
20.60
20.98
22.05
22.27
23.83
23.29
24.43
25.28
25.06
36.66
2.39%
3.39%
—
2.06
EPS growth%
5.14
7.55
7.21
7.25
5.11
6.69
7.57
4.66
2.78
5.36
11.27
5.36
6.02
24
27.04
Bookvalue per shNT$
51.82
52.53
52.99
51.07
51.32
53.72
57.23
59.41
56.23
61.18
14.33
3.58%
1.42%
—
17.30
FCF per shareNT$
5.28
5.11
4.82
4.75
4.97
4.44
3.92
3.78
3.76
3.86
22.81
(4.96%)
(4.18%)
—
19.50
Dividend per shNT$
30.90
30.75
29.65
29.47
31.71
31.00
34.21
33.43
37.45
41.90
8.84
5.73%
2.64%
—
26.95
Div yield (avg)%
14.05
11.59
10.22
10.90
13.07
15.65
15.13
14.21
14.01
11.16
22.46
14.21
13.54
9
21.43
Payout ratio%
4.28
3.22
4.62
4.41
5.35
6.45
5.96
7.43
5.50
3.17
16.05
5.96
4.99
75
39.81
Shares (diluted)M
43.43
47.84
44.26
46.16
49.20
56.24
55.22
54.27
62.11
61.39
41.48
4.53%
2.82%
82
10.09
Buyback yield%
18.64
21.50
19.92
18.44
17.29
19.11
21.09
21.20
23.46
22.28
19.19
21.20
20.51
25
0.923
D/E ratiox
0.359
0.333
0.348
0.352
0.368
0.406
0.403
0.466
0.526
0.497
0.625
0.466
0.385
80
0.837
Enterprise valueNT$B
2.835
3.000
3.364
3.506
3.462
3.831
4.398
4.588
5.112
6.052
0.806
11.82%
9.61%
26
1,066
LT debtNT$M
360.7
383.4
450.0
502.2
497.6
541.7
608.9
603.6
725.9
846.1
495.5
11.20%
10.30%
60
Cost of revenue
0.66%
0.99×
Operating expenses
1.04%
1.03×
Return on capital
149.57%
Spread over hurdle
144.22%