598.6
RevenueVND B
476.5
514.6
559.8
596.4
625.0
661.2
695.7
751.4
790.2
841.0
622.0
6.11%
6.48%
78
2.38
Revenue growth%
10.72
13.61
12.02
11.24
9.64
10.24
9.74
8.77
9.95
10.36
7.20
9.95
10.30
31
22.60
Gross margin%
5.57
4.06
5.97
5.34
2.86
4.58
5.44
6.50
8.03
9.80
23.81
6.50
5.51
62
17.76
Operating margin%
26.38
27.20
25.72
23.88
25.94
23.54
25.48
28.05
30.30
30.05
3.68
28.05
26.16
91
18.74
Net margin%
21.68
19.82
22.03
23.37
20.48
18.99
16.91
15.94
13.57
13.67
25.02
15.94
19.41
11
10.80
P/E ratio (avg)x
27.39
26.24
26.65
22.72
20.25
21.37
21.47
22.18
21.62
23.12
24.84
21.62
22.45
68
26.36
EV/EBITx
32.51
33.88
31.95
28.33
25.99
26.98
22.80
20.68
20.46
17.61
30.28
20.68
26.48
11
25.36
FCF yield (avg)%
29.17
29.19
26.58
24.04
23.05
24.96
27.08
25.83
23.76
26.05
6.37
25.83
25.94
15
8.87
FCF margin%
12.52
9.92
8.09
9.36
8.61
10.87
8.33
5.70
7.03
8.88
2.60
8.33
8.75
64
0.655
FCF / Net incomex
0.260
0.287
0.272
0.299
0.281
0.255
0.270
0.288
0.307
0.302
0.589
0.288
0.284
45
13.70
ROIC%
3.20
4.98
5.58
3.62
5.49
6.83
6.45
7.41
8.44
8.44
15.44
7.41
6.01
26
29.93
Return on equity%
0.40
1.16
2.06
2.37
2.67
3.62
2.96
1.60
4.07
3.89
29.10
3.62
2.52
39
17.78
Return on assets%
22.27
19.87
20.46
20.54
20.26
23.00
24.93
22.72
25.34
23.44
18.11
23.44
22.50
25
1,421
EPSVND
987.51
1,078
1,238
1,258
1,173
1,183
1,379
1,544
1,431
1,595
1,575
6.35%
4.83%
—
11.54
EPS growth%
21.69
23.26
22.29
22.80
21.75
24.39
23.46
26.02
25.64
23.50
12.89
24.39
23.36
12
427.40
Bookvalue per shVND
2,751
2,886
2,932
3,183
3,400
4,000
4,600
4,499
4,809
5,552
1,674
10.30%
8.02%
—
1,883
FCF per shareVND
1,424
1,610
1,758
1,895
2,232
2,309
2,189
2,099
2,065
1,970
297.56
(2.46%)
3.86%
—
1,855
Dividend per shVND
1,699
1,518
1,447
1,562
1,383
1,295
1,231
1,086
932.92
830.24
946.24
(9.70%)
(7.67%)
—
25.97
Div yield (avg)%
25.72
24.15
25.12
25.29
24.34
27.01
26.87
29.23
31.02
32.02
26.21
29.23
26.30
69
16.67
Payout ratio%
15.12
14.90
12.79
10.48
12.40
11.57
10.60
9.28
11.82
10.92
28.67
10.92
11.70
44
240.1
Shares (diluted)M
289.7
338.8
377.5
450.4
451.4
500.9
572.2
688.6
741.9
879.0
248.2
14.26%
11.71%
40
16.18
Buyback yield%
29.00
27.94
26.98
24.41
25.13
27.89
26.32
24.95
26.13
25.60
13.19
26.13
26.23
15
1.137
D/E ratiox
1.683
1.807
1.960
2.104
2.331
2.373
2.194
2.040
2.031
2.158
1.648
2.158
2.072
19
97.04
Enterprise valueVND B
513.6
523.6
478.4
434.9
466.2
469.1
523.7
561.9
538.7
485.2
624.6
0.80%
0.32%
73
343.6
LT debtVND B
53.76
52.60
52.25
54.03
56.31
48.76
49.59
47.17
42.90
40.74
34.64
(6.27%)
(2.11%)
23
Revenue
VND 841.0B
6.48%
1.00×
Cost of revenue
VND 494.3B
6.46%
1.00×
Operating expenses
VND 200.3B
6.43%
0.99×
Property and equipment
16.57%
Spread over hurdle
(4.75%)