1.870
RevenueNT$B
1.369
1.470
1.572
1.739
1.853
2.060
2.287
2.435
2.706
2.915
2.072
9.48%
8.63%
37
5.67
Revenue growth%
18.59
19.40
18.49
19.16
19.78
19.96
22.12
19.32
18.23
17.21
28.96
19.32
19.24
10
26.91
Gross margin%
2.83
0.95
2.75
2.97
1.79
4.73
5.25
5.98
5.89
4.08
7.12
5.25
3.52
46
12.61
Operating margin%
28.28
27.82
30.33
32.68
33.13
34.65
36.06
37.88
40.16
37.59
2.46
37.59
33.89
31
3.55
Net margin%
23.82
22.54
22.80
23.37
25.87
26.60
28.02
26.47
25.05
22.06
29.92
26.47
24.43
6
30.46
P/E ratio (avg)x
17.62
17.72
19.29
22.30
21.43
20.00
21.95
23.11
26.31
28.48
6.990
23.11
21.69
27
25.40
EV/EBITx
22.93
24.49
28.98
31.43
37.06
38.20
43.48
49.38
58.09
69.05
7.023
49.38
37.63
60
5.03
FCF yield (avg)%
14.57
15.24
15.64
15.55
18.48
21.12
19.91
17.21
17.70
16.32
14.68
17.70
16.76
94
5.24
FCF margin%
3.35
5.30
8.30
7.65
10.48
12.84
10.03
12.00
14.16
16.15
6.03
12.84
10.25
94
0.804
FCF / Net incomex
2.149
2.149
2.452
2.797
3.218
3.216
3.753
3.905
4.440
5.023
0.132
3.905
3.217
77
16.86
ROIC%
22.80
25.30
25.02
25.05
25.13
23.16
22.39
23.23
24.71
26.66
26.45
23.23
24.86
82
4.92
Return on equity%
26.62
25.28
24.84
23.08
21.64
19.54
21.20
18.43
18.49
20.55
2.63
19.54
21.42
34
29.50
Return on assets%
3.29
3.72
3.94
6.40
3.92
1.82
1.05
3.05
5.33
6.70
4.13
3.05
3.82
87
5.76
EPSNT$
8.29
8.16
8.75
10.07
10.49
10.63
10.64
10.53
11.88
11.98
6.40
2.70%
5.31%
—
18.98
EPS growth%
19.11
20.93
20.29
20.00
18.42
21.07
20.72
22.33
25.05
26.13
14.51
22.33
20.82
94
3.26
Bookvalue per shNT$
3.67
3.26
3.03
3.17
3.31
3.13
3.38
3.31
3.05
2.60
4.40
(4.68%)
(3.08%)
—
2.76
FCF per shareNT$
1.57
1.38
1.51
1.34
1.39
1.21
1.21
1.29
1.31
1.13
3.00
(3.95%)
(2.64%)
—
4.23
Dividend per shNT$
1.36
1.52
1.47
1.52
1.47
1.53
1.42
1.51
1.38
1.48
2.84
0.14%
1.78%
—
27.48
Div yield (avg)%
15.43
15.47
17.51
19.76
18.47
18.87
17.56
18.48
21.03
19.38
27.61
18.87
18.47
51
11.21
Payout ratio%
16.07
15.27
14.01
16.39
13.87
16.37
18.33
16.49
19.35
21.10
20.53
18.33
16.38
67
254.9
Shares (diluted)M
316.2
336.2
382.6
385.1
434.1
435.9
435.3
446.9
421.5
464.2
251.0
1.35%
5.03%
63
12.09
Buyback yield%
27.43
25.39
25.86
26.90
29.37
28.90
27.05
27.06
24.29
26.44
25.01
27.05
26.97
64
1.588
D/E ratiox
2.104
2.508
2.878
3.064
3.257
3.317
3.528
3.734
4.449
5.141
1.191
3.734
3.287
83
1.464
Enterprise valueNT$B
4.663
5.350
5.761
6.748
7.437
8.278
8.395
10.00
10.65
12.29
0.269
10.57%
12.16%
22
3.188
LT debtNT$B
0.747
0.885
0.931
1.085
1.031
1.042
1.196
1.377
1.440
1.612
1.066
9.36%
9.58%
19
Cost of revenue
8.84%
1.02×
Operating expenses
8.57%
0.99×
Cash and investments
21.29%
Spread over hurdle
49.39%