771.9
RevenueVND B
725.0
719.2
741.4
747.1
765.4
771.7
786.6
818.3
827.5
860.4
845.2
2.37%
1.99%
74
7.15
Revenue growth%
23.88
23.13
25.45
28.05
30.37
30.07
27.08
29.21
31.56
34.10
19.38
30.07
28.63
71
22.38
Gross margin%
13.73
14.15
13.00
15.29
14.84
12.36
9.63
7.94
5.75
5.46
2.05
7.94
12.68
43
16.79
Operating margin%
0.40
0.40
2.66
0.40
0.40
1.20
1.63
0.40
0.80
0.40
27.04
0.80
0.40
19
11.14
Net margin%
14.11
13.31
12.90
10.68
12.24
13.06
15.68
16.14
17.01
16.03
21.52
16.03
13.71
62
32.31
P/E ratio (avg)x
27.40
27.73
27.53
26.05
28.28
31.90
30.01
33.36
33.98
33.20
31.15
33.20
29.14
35
35.81
EV/EBITx
60.12
70.64
72.43
71.49
70.36
71.38
83.36
83.77
84.08
93.58
9.287
83.77
71.96
6
26.22
FCF yield (avg)%
13.40
12.99
14.98
17.57
16.20
19.10
20.37
19.47
21.38
24.11
25.79
20.37
18.34
16
14.80
FCF margin%
11.25
11.68
12.99
15.92
17.89
20.62
23.45
23.18
20.97
23.34
25.12
23.18
19.26
60
0.770
FCF / Net incomex
0.350
0.365
0.400
0.433
0.481
0.475
0.574
0.627
0.732
0.887
0.829
0.627
0.478
69
5.45
ROIC%
13.56
14.27
15.13
14.07
12.91
11.65
13.58
14.65
13.56
11.95
29.80
13.56
13.57
82
14.14
Return on equity%
8.69
8.90
9.70
8.84
5.88
6.34
6.81
7.31
6.71
4.01
22.06
6.71
7.06
70
11.48
Return on assets%
14.14
17.01
16.53
16.49
15.07
15.90
15.63
14.08
14.30
13.19
4.18
14.30
15.35
11
7,756
EPSVND
7,377
7,957
8,886
8,903
9,316
8,700
8,861
9,121
8,645
7,737
8,588
(3.65%)
1.63%
—
18.49
EPS growth%
30.97
29.64
29.48
29.15
28.70
25.73
28.03
25.38
23.37
23.45
26.23
25.38
28.36
65
4,600
Bookvalue per shVND
5,748
6,705
6,403
7,473
7,439
8,682
8,861
9,236
10,635
10,833
6,411
7.81%
6.17%
—
6,798
FCF per shareVND
2,901
2,938
2,513
2,528
2,473
2,130
2,278
2,305
2,340
2,092
7,963
(3.29%)
(2.94%)
—
2,007
Dividend per shVND
4,265
4,109
3,947
4,169
4,219
4,443
5,142
5,211
5,402
5,239
8,384
4.42%
2.34%
—
21.62
Div yield (avg)%
15.92
16.40
18.71
19.75
18.28
15.56
15.56
16.05
13.86
14.12
15.81
15.56
15.98
84
11.09
Payout ratio%
26.71
26.52
23.85
22.79
24.47
22.72
24.79
26.27
27.82
29.30
23.66
26.27
25.53
60
57.11
Shares (diluted)M
75.15
80.93
86.76
91.28
95.72
92.03
107.2
121.0
141.0
137.5
56.88
7.52%
6.04%
79
18.01
Buyback yield%
15.79
14.83
12.01
11.34
9.99
10.65
7.68
8.38
10.78
12.10
2.72
10.65
11.06
49
0.679
D/E ratiox
1.692
1.658
1.679
1.978
1.994
2.388
2.514
2.991
3.277
3.748
1.046
2.991
2.191
56
900.6
Enterprise valueVND B
330.7
365.3
417.8
451.8
458.2
482.8
544.0
571.9
678.8
726.0
914.0
9.64%
7.89%
77
481.3
LT debtVND B
1,002
1,114
1,287
1,367
1,477
1,490
1,630
1,852
2,068
2,088
708.6
7.16%
8.59%
38
Revenue
VND 860.4B
1.99%
1.00×
Cost of revenue
VND 499.8B
2.28%
1.03×
Operating expenses
VND 188.8B
1.69%
0.97×
Spread over hurdle
(10.55%)