212.4
RevenueVND B
502.9
519.1
532.4
567.6
584.7
618.1
657.2
676.5
700.7
717.2
228.1
4.17%
3.93%
70
8.10
Revenue growth%
7.65
5.84
5.92
5.76
7.01
9.63
8.57
9.90
9.66
9.42
26.64
9.63
8.11
18
7.80
Gross margin%
27.67
27.52
24.88
27.68
28.50
28.20
26.57
23.80
21.77
20.36
22.65
23.80
27.05
81
26.45
Operating margin%
18.48
21.31
18.43
18.14
16.76
15.20
15.77
17.74
16.87
19.71
13.22
16.87
17.94
32
14.93
Net margin%
3.60
4.45
4.27
3.11
0.78
0.56
2.71
2.51
2.81
2.67
3.29
2.67
2.76
45
17.44
P/E ratio (avg)x
12.46
14.06
15.99
15.77
18.55
18.46
18.74
21.33
25.00
27.85
24.35
21.33
18.50
29
17.15
EV/EBITx
37.79
44.41
44.32
43.69
50.39
54.62
58.97
68.48
73.24
78.94
9.959
68.48
52.50
18
2.22
FCF yield (avg)%
23.79
25.35
24.13
21.50
20.78
18.03
15.31
17.01
18.01
18.76
18.28
18.01
19.77
5
9.97
FCF margin%
16.82
16.86
17.30
19.10
20.99
18.38
16.87
18.19
18.01
20.47
9.68
18.19
18.10
38
0.144
FCF / Net incomex
1.472
1.637
1.453
1.529
1.452
1.531
1.599
1.539
1.655
1.680
1.051
1.599
1.535
21
4.03
ROIC%
34.56
36.49
37.60
39.52
36.69
37.84
37.53
38.39
35.75
33.27
6.63
37.53
37.11
18
21.58
Return on equity%
5.86
4.05
6.50
4.29
2.23
3.51
6.19
4.62
3.45
3.41
3.88
3.51
4.17
45
5.61
Return on assets%
26.43
28.57
29.60
29.00
29.90
29.35
29.90
28.32
28.39
25.72
22.39
28.39
28.79
93
921.00
EPSVND
616.45
604.38
623.06
701.16
700.89
694.89
676.64
739.30
830.76
905.86
977.13
5.26%
5.02%
—
21.04
EPS growth%
9.46
8.45
11.23
10.17
13.05
10.15
10.15
12.39
10.90
11.55
3.25
10.90
10.53
65
295.87
Bookvalue per shVND
563.41
640.73
655.86
762.51
793.23
793.86
904.35
1,015
1,101
1,078
551.21
6.32%
7.91%
—
816.17
FCF per shareVND
951.91
993.64
905.65
782.55
666.89
574.60
594.93
622.54
564.18
533.04
1,100
(4.38%)
(5.35%)
—
953.18
Dividend per shVND
1,136
1,265
1,471
1,627
1,587
1,826
2,105
2,182
2,465
2,793
976.72
11.97%
9.06%
—
4.88
Div yield (avg)%
8.81
11.26
13.36
12.48
15.47
13.76
13.73
13.07
14.32
14.17
17.42
13.76
13.55
90
8.76
Payout ratio%
29.43
29.51
30.44
33.24
35.15
34.64
36.88
37.39
37.89
39.14
10.75
37.39
34.90
43
273.2
Shares (diluted)M
463.6
480.6
516.6
522.5
534.8
542.5
550.1
558.7
669.9
772.4
278.1
7.63%
6.82%
29
6.58
Buyback yield%
26.62
25.34
28.30
27.06
29.54
29.60
27.30
24.35
21.90
22.21
8.35
24.35
26.84
43
1.377
D/E ratiox
0.538
0.607
0.715
0.739
0.822
0.974
0.998
1.086
1.041
1.118
0.383
1.041
0.898
60
296.4
Enterprise valueVND B
182.5
203.3
223.2
212.8
212.4
193.6
173.5
190.8
189.7
180.0
247.6
(3.25%)
(0.52%)
31
560.1
LT debtVND B
465.7
454.2
478.2
519.5
516.1
598.0
639.8
617.2
611.0
635.2
349.2
4.24%
3.50%
54
Revenue
VND 717.2B
3.93%
1.00×
Cost of revenue
VND 457.0B
3.74%
0.98×
Operating expenses
VND 172.0B
4.05%
1.01×
Property and equipment
16.27%
Spread over hurdle
(6.76%)