35.25
RevenueVND B
127.6
135.0
141.3
152.8
160.6
173.3
187.5
200.1
214.7
231.8
37.95
7.61%
6.68%
74
11.65
Revenue growth%
35.99
35.99
33.68
31.52
31.93
34.83
35.33
38.24
36.04
38.14
9.06
36.04
35.66
43
2.01
Gross margin%
26.26
24.82
26.88
28.67
27.56
27.94
25.20
27.86
25.90
25.91
19.67
25.91
26.57
43
14.48
Operating margin%
22.32
20.41
20.19
18.73
18.44
17.02
18.07
18.37
16.17
16.51
13.77
17.02
18.41
89
2.74
Net margin%
8.56
7.02
8.01
6.39
4.06
5.13
7.60
9.37
10.81
8.75
3.91
8.75
7.81
77
22.72
P/E ratio (avg)x
26.90
24.33
26.45
28.58
30.90
32.26
29.05
27.52
26.97
27.46
22.98
27.52
27.49
83
14.82
EV/EBITx
25.15
27.68
31.22
33.28
29.91
32.69
33.99
36.25
38.67
37.47
7.825
36.25
32.99
69
20.84
FCF yield (avg)%
18.45
16.62
17.13
18.78
20.73
22.50
24.78
22.62
20.00
22.31
2.71
22.50
20.36
55
10.52
FCF margin%
5.00
4.37
2.66
0.66
0.40
0.40
0.40
1.31
0.40
0.40
16.97
0.40
0.53
77
1.625
FCF / Net incomex
1.760
1.633
1.690
1.931
2.125
2.015
1.932
1.820
1.800
1.881
0.626
1.881
1.850
9
13.63
ROIC%
8.44
8.87
11.33
8.83
9.18
10.96
10.03
7.21
5.75
4.26
24.80
7.21
8.85
95
14.43
Return on equity%
1.50
0.40
1.86
3.07
5.57
4.55
5.19
6.23
8.28
6.34
21.08
6.23
4.87
95
8.46
Return on assets%
5.64
5.32
7.08
9.90
9.31
10.80
10.06
11.51
9.60
8.30
10.17
10.06
9.45
42
1,737
EPSVND
2,967
3,315
3,926
4,492
4,983
5,119
5,417
6,162
6,058
7,128
1,864
7.42%
9.71%
—
26.30
EPS growth%
31.31
33.14
35.27
34.19
32.11
32.50
31.94
28.99
29.60
30.62
6.89
30.62
32.03
10
2,576
Bookvalue per shVND
1,615
1,527
1,294
1,213
1,142
1,235
1,206
1,081
1,112
1,187
2,440
0.78%
(2.70%)
—
2,301
FCF per shareVND
2,137
2,188
2,236
2,413
2,530
2,585
2,576
2,615
2,571
2,352
1,235
(1.45%)
0.57%
—
3,100
Dividend per shVND
2,934
3,226
3,107
3,411
3,225
3,232
3,314
3,577
3,821
3,574
2,466
2.08%
0.79%
—
3.42
Div yield (avg)%
8.81
6.97
7.66
9.76
7.98
5.37
6.51
4.23
3.63
0.73
23.30
4.23
6.74
15
11.61
Payout ratio%
32.04
30.52
28.44
29.14
29.77
30.06
29.75
30.66
30.70
27.80
12.96
30.06
29.91
18
33.40
Shares (diluted)M
21.16
20.74
17.99
18.15
17.23
16.21
15.65
16.45
15.77
16.30
34.00
(1.11%)
(3.44%)
62
12.80
Buyback yield%
10.93
11.35
11.09
9.93
11.14
8.27
9.64
10.57
13.15
11.18
14.80
10.57
11.01
62
0.125
D/E ratiox
0.455
0.480
0.473
0.472
0.494
0.424
0.375
0.322
0.319
0.323
1.772
0.323
0.439
61
210.1
Enterprise valueVND B
168.8
150.7
143.6
155.7
145.8
141.6
133.9
121.3
116.9
120.8
112.8
(3.69%)
(3.69%)
55
67.99
LT debtVND B
20.04
22.49
23.89
22.67
20.73
22.13
20.71
21.35
21.48
23.91
47.44
2.89%
1.16%
16
Revenue
VND 231.8B
6.68%
1.00×
Cost of revenue
VND 161.8B
6.86%
1.02×
Operating expenses
VND 22.28B
6.11%
0.95×
Cash and investments
16.15%
Spread over hurdle
(1.85%)