53.85
RevenueVND B
128.8
133.2
136.4
144.0
148.5
151.5
161.1
164.1
173.9
177.2
58.33
3.60%
3.87%
55
22.17
Revenue growth%
28.67
31.50
30.54
29.49
29.11
31.28
31.97
29.29
30.55
31.80
19.18
31.28
30.54
23
20.25
Gross margin%
2.34
3.38
2.53
0.45
0.40
2.46
4.57
2.87
2.77
1.37
23.89
2.77
2.49
50
13.69
Operating margin%
23.81
25.07
22.43
23.62
25.77
25.00
24.95
26.83
27.38
25.39
11.60
25.39
25.04
69
21.66
Net margin%
24.99
24.74
25.35
22.83
25.44
25.06
25.53
23.38
24.86
26.53
4.80
25.06
25.03
13
28.78
P/E ratio (avg)x
72.36
71.72
73.76
78.94
85.48
92.21
98.21
116.3
138.8
136.7
13.67
116.3
88.85
37
29.78
EV/EBITx
29.64
31.19
28.16
29.96
29.74
26.71
25.84
22.68
20.44
17.84
30.70
22.68
27.44
71
11.14
FCF yield (avg)%
17.08
19.67
19.61
18.32
15.60
17.30
15.70
14.06
14.74
12.28
21.86
14.74
16.39
8
21.15
FCF margin%
17.90
20.07
17.32
17.99
18.65
20.74
20.29
23.04
25.67
27.32
6.64
23.04
20.18
17
1.135
FCF / Net incomex
1.022
0.882
0.820
0.765
0.759
0.805
0.756
0.651
0.627
0.614
0.598
0.651
0.762
65
2.23
ROIC%
15.53
15.22
13.84
14.79
14.16
16.03
16.15
17.31
16.70
17.64
15.19
16.70
15.78
68
12.32
Return on equity%
22.18
23.59
22.23
25.18
22.29
21.05
18.87
17.97
18.53
20.55
18.44
18.87
21.62
95
6.70
Return on assets%
13.61
13.25
10.84
12.78
10.72
11.25
13.05
11.50
11.06
8.12
21.73
11.25
11.37
47
3,253
EPSVND
1,759
2,007
2,222
2,293
2,329
2,419
2,739
2,997
3,377
3,635
3,469
9.31%
6.70%
—
26.05
EPS growth%
12.43
13.17
15.81
14.50
17.28
15.38
17.20
17.89
18.39
19.47
16.62
17.89
16.50
74
2,691
Bookvalue per shVND
882.20
846.48
859.64
883.08
1,032
1,114
1,132
1,095
1,235
1,349
565.36
5.51%
4.42%
—
1,367
FCF per shareVND
568.12
622.93
618.35
605.60
656.04
693.76
601.78
572.05
536.06
549.14
2,479
(3.49%)
0.49%
—
2,934
Dividend per shVND
1,756
1,909
1,878
1,848
2,172
2,173
2,270
2,372
2,343
2,648
848.58
4.05%
5.57%
—
2.88
Div yield (avg)%
28.35
29.01
26.09
26.84
29.32
30.25
31.88
33.68
32.63
33.43
22.35
32.63
29.79
62
29.78
Payout ratio%
11.66
14.19
16.12
13.26
16.19
18.58
18.16
16.47
14.33
16.14
22.96
16.47
16.13
19
36.26
Shares (diluted)M
40.26
46.57
45.44
45.23
50.76
57.90
63.97
70.64
80.85
95.35
35.57
13.44%
8.52%
44
8.51
Buyback yield%
13.13
11.59
11.35
13.37
12.93
13.44
14.94
15.96
16.58
15.69
17.85
15.69
13.41
88
0.946
D/E ratiox
1.069
1.118
1.203
1.184
1.286
1.250
1.214
1.164
1.146
1.120
1.078
1.164
1.174
28
178.2
Enterprise valueVND B
240.1
221.2
243.4
232.1
250.9
225.6
253.5
264.6
266.9
292.6
218.5
3.12%
3.31%
68
152.0
LT debtVND B
266.6
316.1
307.7
348.4
383.0
402.4
430.1
505.0
538.7
523.8
159.4
6.46%
7.89%
70
Revenue
VND 177.2B
3.87%
1.00×
Cost of revenue
VND 90.43B
3.63%
0.98×
Operating expenses
VND 36.72B
4.43%
1.05×
Cash and investments
16.94%
Spread over hurdle
(4.99%)