918.2
RevenueVND B
1,771
1,856
1,948
1,986
2,022
2,132
2,181
2,201
2,320
2,360
980.3
3.14%
3.05%
70
19.95
Revenue growth%
21.63
23.79
22.04
21.61
24.04
22.80
21.71
21.33
19.09
16.11
12.87
21.33
21.67
13
23.05
Gross margin%
10.25
10.14
10.72
10.60
9.48
7.58
9.84
9.91
7.67
7.00
27.40
7.67
9.87
34
23.12
Operating margin%
12.26
13.36
12.42
10.70
7.89
9.56
8.64
6.33
4.44
1.53
25.74
6.33
9.10
13
2.96
Net margin%
9.54
10.85
12.77
13.11
11.61
9.34
10.42
8.66
9.63
7.50
10.63
9.34
10.02
87
35.34
P/E ratio (avg)x
32.89
37.66
36.32
41.38
39.46
39.18
43.20
46.13
47.35
49.17
24.05
46.13
40.42
59
32.24
EV/EBITx
48.80
46.52
49.14
52.94
51.62
58.40
62.22
71.67
81.26
80.14
24.20
71.67
55.67
94
21.18
FCF yield (avg)%
27.47
26.77
28.15
28.07
27.76
25.63
23.18
21.03
18.55
19.43
5.35
21.03
26.20
8
9.97
FCF margin%
4.91
2.55
0.55
1.85
4.56
7.16
10.12
9.40
8.17
7.01
13.27
8.17
5.96
93
0.541
FCF / Net incomex
0.221
0.211
0.201
0.219
0.222
0.251
0.258
0.263
0.245
0.272
0.489
0.258
0.233
42
18.10
ROIC%
4.53
3.65
4.42
4.05
4.33
3.57
4.98
5.84
5.61
3.83
11.53
4.98
4.38
36
14.34
Return on equity%
8.88
9.95
9.69
10.66
11.53
11.86
13.17
15.69
14.27
13.67
22.22
13.67
11.70
83
2.93
Return on assets%
2.87
0.40
0.40
0.40
1.42
0.40
0.40
0.40
2.40
2.29
4.40
0.40
0.40
58
1,028
EPSVND
478.74
481.54
450.24
487.23
528.01
538.04
536.61
536.56
545.60
588.99
1,108
2.21%
3.03%
—
24.08
EPS growth%
33.86
32.56
34.09
36.51
38.14
38.51
39.05
39.96
37.21
35.43
19.44
38.51
36.86
39
2,045
Bookvalue per shVND
1,909
1,799
1,947
2,009
1,873
1,904
2,021
2,148
2,163
2,333
2,618
4.48%
2.78%
—
2,250
FCF per shareVND
2,071
2,202
2,071
2,150
2,078
2,035
2,071
2,427
2,816
2,844
1,319
6.48%
2.84%
—
2,400
Dividend per shVND
446.24
482.55
497.15
491.43
529.47
550.50
588.59
575.62
603.55
639.01
1,021
3.83%
3.71%
—
10.71
Div yield (avg)%
8.93
10.30
9.32
7.33
10.20
7.79
7.64
7.98
5.29
4.82
2.51
7.64
7.89
46
5.08
Payout ratio%
12.78
10.36
12.89
12.25
11.20
9.11
7.45
6.71
5.46
5.54
2.47
6.71
9.73
63
370.6
Shares (diluted)M
448.9
500.6
514.4
570.8
679.9
745.2
738.9
727.0
723.2
793.3
385.4
3.13%
6.21%
93
28.82
Buyback yield%
32.05
34.97
33.94
33.70
33.01
33.94
34.24
31.33
30.11
31.81
26.24
31.81
33.35
77
0.759
D/E ratiox
1.552
1.767
1.781
1.757
1.938
1.913
1.934
1.851
2.178
2.393
1.622
1.934
1.882
86
307.9
Enterprise valueVND B
253.0
265.6
278.2
302.1
320.0
338.2
372.8
436.9
453.3
517.7
1,290
10.10%
7.11%
29
2,045
LT debtVND B
172.6
200.0
211.2
248.2
239.2
240.0
234.0
223.9
244.3
252.6
1,918
1.10%
4.42%
87
Revenue
VND 2.360T
3.05%
1.00×
Cost of revenue
VND 1.293T
2.92%
0.99×
Operating expenses
VND 604.6B
3.00%
0.99×
Goodwill & intangibles
16.04%
Spread over hurdle
(1.84%)