6.979
RevenueVND B
5.786
6.389
6.987
7.506
7.957
8.796
9.490
10.37
11.28
11.94
7.121
8.46%
8.37%
17
11.50
Revenue growth%
0.40
0.40
0.40
0.40
2.95
3.04
1.46
2.13
5.12
6.37
9.57
3.04
1.80
67
14.85
Gross margin%
17.80
17.53
17.71
16.70
18.35
20.24
18.49
18.97
18.28
18.48
27.70
18.49
18.31
81
28.75
Operating margin%
12.65
12.22
15.15
17.92
16.75
18.23
18.39
15.56
13.60
11.39
7.02
15.56
15.35
79
17.99
Net margin%
6.66
4.06
2.88
2.21
3.15
0.46
0.40
0.40
3.15
2.07
11.11
0.46
2.55
67
8.732
P/E ratio (avg)x
26.10
29.43
34.04
34.57
38.47
41.98
42.57
46.58
44.62
43.26
10.66
43.26
40.22
9
30.51
EV/EBITx
17.64
16.39
18.00
19.65
19.08
20.60
21.36
23.68
27.29
28.35
10.22
23.68
20.13
75
2.69
FCF yield (avg)%
4.26
2.00
3.24
4.85
5.83
6.64
4.46
3.86
5.65
3.70
13.81
4.46
4.36
10
2.53
FCF margin%
29.51
32.11
29.22
26.62
27.33
25.62
27.56
26.92
26.15
26.02
9.81
26.15
27.12
50
1.255
FCF / Net incomex
0.443
0.413
0.362
0.355
0.379
0.402
0.416
0.375
0.360
0.372
0.508
0.375
0.377
21
4.48
ROIC%
22.26
23.99
24.08
27.00
25.74
26.83
29.62
28.82
31.75
33.22
29.83
29.62
26.92
84
11.42
Return on equity%
31.37
33.18
34.42
34.43
36.30
35.61
37.09
34.29
32.50
32.52
18.61
34.29
34.35
16
23.22
Return on assets%
19.08
18.80
16.50
14.68
12.94
11.34
12.65
10.70
10.88
11.90
16.39
11.34
12.79
21
519.71
EPSVND
310.04
294.03
277.01
291.37
282.70
294.82
310.81
294.40
273.46
249.24
541.21
(2.49%)
(2.46%)
—
6.27
EPS growth%
2.11
0.40
0.40
1.55
3.96
5.36
6.84
7.71
7.37
8.60
4.32
7.37
4.66
6
272.91
Bookvalue per shVND
1,314
1,429
1,509
1,550
1,520
1,481
1,642
1,621
1,694
1,940
702.86
5.00%
5.89%
—
342.06
FCF per shareVND
1,002
1,027
1,122
1,103
1,275
1,442
1,519
1,735
1,818
1,794
568.27
7.07%
5.89%
—
650.90
Dividend per shVND
468.34
459.36
465.61
496.09
589.18
672.34
777.76
795.61
839.17
902.03
366.79
8.89%
8.02%
—
12.70
Div yield (avg)%
1.25
0.40
0.70
0.47
3.32
3.93
5.98
8.74
8.75
7.49
25.71
7.49
3.62
27
26.19
Payout ratio%
10.92
13.32
13.96
12.14
12.42
15.11
14.89
16.00
14.78
15.69
27.71
15.11
14.37
53
7.588
Shares (diluted)M
12.66
13.31
14.84
13.56
13.64
15.47
16.85
15.31
16.97
16.24
7.763
3.55%
3.72%
33
6.60
Buyback yield%
8.82
8.29
7.18
9.08
8.54
10.22
9.49
9.20
7.21
5.10
27.90
9.20
8.68
8
0.907
D/E ratiox
2.103
2.205
2.411
2.720
2.946
3.212
3.598
3.785
4.288
4.925
0.837
3.785
3.079
56
0.826
Enterprise valueVND B
9.330
8.698
8.275
8.225
8.607
9.602
10.36
10.39
9.516
10.39
12.97
3.85%
0.58%
77
6.108
LT debtVND B
14.30
14.87
17.05
18.93
18.96
21.94
25.23
24.41
23.69
26.01
8.672
6.52%
7.61%
65
Revenue
VND 11.94B
8.37%
1.00×
Cost of revenue
VND 7.989B
8.34%
1.00×
Operating expenses
VND 1.498B
8.99%
1.06×
Goodwill & intangibles
19.99%
Cash and investments
17.92%
Spread over hurdle
(7.53%)