0.657
RevenueNT$B
0.615
0.670
0.722
0.797
0.869
0.934
1.030
1.129
1.246
1.351
0.673
9.24%
9.24%
39
23.87
Revenue growth%
26.29
28.68
29.48
31.77
31.72
28.95
29.07
26.41
24.42
22.68
18.88
26.41
28.82
64
12.55
Gross margin%
32.60
34.92
36.12
37.08
37.14
38.97
40.24
39.19
36.96
37.74
9.97
38.97
37.11
78
9.13
Operating margin%
32.44
31.18
29.55
26.67
26.55
27.87
30.52
30.54
30.68
29.25
28.84
30.52
30.04
35
23.47
Net margin%
14.12
12.52
13.72
12.36
9.93
7.03
5.91
7.48
10.38
10.65
11.06
7.48
10.52
18
16.09
P/E ratio (avg)x
23.80
24.04
26.51
30.43
35.07
39.92
37.48
41.11
48.14
51.76
20.85
41.11
36.27
34
9.303
EV/EBITx
28.80
33.44
35.31
41.02
42.70
44.79
52.47
54.79
54.37
60.81
37.46
54.37
43.74
31
12.35
FCF yield (avg)%
28.05
27.21
29.39
27.73
28.03
27.47
30.32
32.37
30.21
33.04
13.58
30.32
28.72
30
10.28
FCF margin%
8.19
11.08
13.24
14.19
13.17
12.47
9.63
11.24
13.47
13.66
29.10
12.47
12.82
32
0.140
FCF / Net incomex
0.538
0.502
0.469
0.439
0.448
0.428
0.478
0.450
0.421
0.451
0.382
0.450
0.451
45
15.21
ROIC%
12.30
9.41
7.68
7.26
4.57
5.90
5.50
3.90
4.09
4.05
26.19
4.09
5.70
82
16.70
Return on equity%
13.93
14.25
12.88
10.39
9.60
9.51
10.75
12.58
11.53
11.67
14.58
11.53
11.60
80
19.29
Return on assets%
12.13
10.03
12.58
11.89
12.58
12.52
15.26
14.28
16.25
18.13
14.01
15.26
12.58
44
1.70
EPSNT$
2.25
2.49
2.75
3.27
3.12
3.44
4.06
4.15
4.43
4.35
1.89
6.91%
7.10%
—
25.97
EPS growth%
26.50
23.53
22.18
20.42
20.29
23.16
24.61
24.81
27.47
26.14
17.91
24.81
24.07
30
1.15
Bookvalue per shNT$
0.84
0.89
0.80
0.69
0.71
0.72
0.67
0.65
0.62
0.58
0.45
(3.88%)
(4.39%)
—
1.84
FCF per shareNT$
1.32
1.31
1.28
1.25
1.35
1.40
1.41
1.57
1.72
1.79
0.95
5.86%
3.53%
—
0.51
Dividend per shNT$
2.40
2.28
2.38
2.15
2.20
1.97
1.94
2.03
1.91
1.96
0.93
(2.27%)
(3.23%)
—
7.57
Div yield (avg)%
15.18
17.09
15.81
14.03
15.11
16.33
18.52
20.23
22.77
25.53
6.43
20.23
16.71
42
16.28
Payout ratio%
8.04
7.87
5.72
4.25
4.67
3.55
4.94
6.02
8.50
9.93
27.07
6.02
5.87
80
331.3
Shares (diluted)M
316.7
311.8
331.4
364.5
329.4
339.9
336.6
345.6
305.5
316.0
330.9
(0.83%)
0.78%
77
19.30
Buyback yield%
7.41
5.31
4.94
4.41
7.36
8.79
9.34
6.85
4.91
4.25
19.05
6.85
6.08
18
1.528
D/E ratiox
1.823
2.089
2.128
2.169
2.595
2.977
3.237
3.758
3.659
3.564
0.824
3.564
2.786
62
0.824
Enterprise valueNT$B
1.254
1.292
1.386
1.398
1.565
1.590
1.839
1.948
2.034
2.154
0.199
6.60%
4.86%
77
598.1
LT debtNT$M
721.5
695.6
678.0
680.6
721.0
768.5
779.0
749.3
794.5
766.6
466.7
1.24%
(0.12%)
19
Cost of revenue
9.57%
1.03×
Operating expenses
8.94%
0.97×
Spread over hurdle
15.15%