7.438
RevenueNT$B
6.290
6.783
7.345
8.037
8.814
9.398
10.01
10.92
11.94
13.18
7.738
8.38%
8.71%
6
6.31
Revenue growth%
21.61
19.94
18.42
18.53
18.52
16.93
19.71
17.20
19.90
21.26
29.80
19.71
19.12
32
14.17
Gross margin%
20.85
18.61
17.07
16.90
14.03
14.14
16.61
16.96
18.26
19.83
9.89
16.96
17.02
14
15.97
Operating margin%
27.03
24.75
23.47
21.24
22.34
20.82
21.96
23.27
24.29
22.30
21.07
22.30
22.80
18
22.56
Net margin%
17.92
16.33
15.16
12.77
12.40
14.40
13.94
13.63
12.30
10.08
24.61
13.63
13.79
59
25.42
P/E ratio (avg)x
36.57
34.60
39.29
41.08
42.09
46.06
49.67
49.66
48.27
47.39
35.60
48.27
44.08
9
18.41
EV/EBITx
23.14
23.35
21.62
23.28
21.18
19.50
20.24
19.20
18.61
18.82
33.46
19.20
20.71
63
28.11
FCF yield (avg)%
12.19
9.98
7.55
6.82
8.61
7.91
8.96
7.77
7.46
8.63
26.73
7.91
8.26
67
25.50
FCF margin%
20.13
17.98
20.50
21.38
23.79
24.22
24.16
26.08
25.88
28.43
4.31
25.88
23.98
13
1.046
FCF / Net incomex
0.240
0.262
0.263
0.282
0.293
0.299
0.317
0.331
0.342
0.338
1.280
0.331
0.296
30
17.99
ROIC%
33.36
36.01
38.71
36.95
39.77
37.79
40.03
42.48
41.60
42.08
15.34
41.60
39.24
55
8.26
Return on equity%
3.34
1.06
0.81
0.79
0.40
0.40
0.44
0.40
0.40
0.40
23.59
0.40
0.42
92
4.98
Return on assets%
19.89
18.94
18.42
21.34
22.24
24.45
25.30
27.67
25.18
24.73
8.97
25.18
23.35
33
2.11
EPSNT$
4.97
4.99
5.22
5.50
6.21
6.91
7.06
7.51
7.46
6.94
2.34
2.27%
3.04%
—
20.80
EPS growth%
19.87
21.40
23.68
21.38
18.53
16.79
19.31
20.54
20.67
23.22
10.93
20.54
20.61
35
6.24
Bookvalue per shNT$
1.89
2.00
2.14
2.25
2.31
2.55
2.29
2.02
2.02
1.97
3.33
(3.11%)
0.53%
—
3.01
FCF per shareNT$
6.18
6.59
6.86
6.89
7.58
7.59
8.45
7.95
8.95
10.08
5.83
5.87%
4.80%
—
3.04
Dividend per shNT$
1.70
1.65
1.45
1.27
1.32
1.23
1.13
1.15
1.08
1.00
2.66
(5.43%)
(6.41%)
—
19.14
Div yield (avg)%
9.48
6.88
9.64
6.99
9.00
10.80
10.84
13.07
14.68
12.62
19.37
12.62
10.22
7
7.42
Payout ratio%
13.08
15.30
14.98
17.48
15.80
17.97
16.35
16.55
15.45
16.68
5.36
16.55
16.08
72
988.8
Shares (diluted)M
636.1
560.8
524.4
466.9
422.4
408.5
414.0
364.9
397.6
403.6
957.0
(0.91%)
(5.07%)
71
12.27
Buyback yield%
3.56
1.98
2.30
5.05
2.76
0.92
0.40
0.40
2.32
2.12
7.12
0.92
2.21
72
0.872
D/E ratiox
1.056
1.181
1.213
1.443
1.731
1.701
1.950
1.964
2.102
2.272
1.656
1.964
1.716
44
2.979
Enterprise valueNT$B
3.317
3.279
3.330
3.270
3.467
3.172
2.989
2.749
2.943
3.178
12.72
(1.72%)
(1.06%)
45
11.51
LT debtNT$B
5.315
5.364
5.336
5.682
5.880
5.694
6.211
6.526
6.966
7.657
5.943
5.42%
4.45%
18
Cost of revenue
8.35%
0.97×
Operating expenses
9.63%
1.09×
Property and equipment
15.22%
Spread over hurdle
35.99%