1,739
RevenueVND B
1,030
1,125
1,213
1,317
1,457
1,560
1,703
1,842
2,026
2,235
1,874
8.94%
8.90%
31
13.34
Revenue growth%
16.02
15.59
17.70
16.43
16.46
18.92
20.32
22.73
19.76
18.53
2.02
19.76
18.12
64
15.20
Gross margin%
16.78
14.02
12.19
10.58
12.95
12.29
9.34
9.27
7.45
8.51
11.06
9.27
11.39
63
5.40
Operating margin%
15.89
13.86
14.51
15.25
16.96
17.66
15.95
14.55
16.64
16.70
8.95
16.64
15.92
41
22.28
Net margin%
3.40
4.12
5.56
3.41
6.26
3.36
4.62
6.81
7.13
5.27
11.24
5.27
4.94
18
33.13
P/E ratio (avg)x
35.75
38.57
41.25
42.58
41.13
46.01
44.34
50.78
53.82
52.33
10.15
50.78
43.46
57
33.42
EV/EBITx
34.98
38.57
36.90
37.91
38.21
40.19
37.90
34.64
34.39
36.48
36.44
36.48
37.40
25
27.31
FCF yield (avg)%
16.29
18.79
16.74
16.22
18.57
19.80
20.64
19.46
18.12
18.31
19.93
19.46
18.44
93
6.37
FCF margin%
13.39
11.13
8.40
8.87
5.88
4.59
5.00
2.27
0.40
2.68
19.95
2.68
5.44
83
0.388
FCF / Net incomex
2.086
1.991
2.088
2.298
2.568
2.754
2.735
2.933
3.238
3.424
0.641
2.933
2.652
15
28.53
ROIC%
15.19
17.33
18.28
17.35
19.39
16.62
18.14
16.34
13.67
16.38
3.58
16.38
16.98
10
10.84
Return on equity%
5.92
6.82
9.69
7.74
5.82
6.91
7.27
8.35
7.92
7.86
15.12
7.86
7.51
81
10.55
Return on assets%
3.16
0.76
0.40
0.40
0.40
2.68
4.97
6.51
8.93
10.20
8.49
6.51
2.92
7
2,247
EPSVND
2,263
2,095
2,052
1,924
1,827
1,850
2,093
2,180
2,484
2,629
2,472
7.54%
2.05%
—
26.47
EPS growth%
11.13
8.91
10.26
10.00
12.56
12.42
11.49
12.25
9.48
6.93
24.46
11.49
10.70
24
2,215
Bookvalue per shVND
2,413
2,356
2,568
2,721
2,918
3,349
3,182
3,577
3,926
4,438
1,351
8.75%
6.53%
—
2,341
FCF per shareVND
2,609
2,946
2,855
3,026
3,192
3,643
3,737
4,435
4,641
4,426
514.45
6.76%
6.69%
—
1,291
Dividend per shVND
1,559
1,391
1,284
1,360
1,388
1,213
1,156
1,121
1,088
1,188
1,763
(3.07%)
(1.79%)
—
7.03
Div yield (avg)%
30.75
31.35
29.13
28.11
30.09
31.02
30.99
28.32
26.81
26.45
26.75
28.32
29.61
26
26.57
Payout ratio%
26.46
24.84
23.37
20.92
21.98
20.63
19.06
16.12
16.28
14.04
19.27
16.28
20.78
11
239.2
Shares (diluted)M
241.7
275.7
309.4
332.3
307.4
310.7
328.5
303.4
316.0
341.9
235.7
2.15%
3.81%
52
15.90
Buyback yield%
21.36
20.16
21.59
23.78
26.38
24.64
24.48
24.51
23.82
22.08
4.87
24.48
23.80
85
1.012
D/E ratiox
0.335
0.328
0.348
0.344
0.345
0.332
0.316
0.358
0.337
0.365
1.648
0.337
0.340
10
524.6
Enterprise valueVND B
1,325
1,365
1,173
1,091
1,138
1,218
1,046
1,056
1,036
1,096
1,381
(0.75%)
(1.28%)
9
304.4
LT debtVND B
1,714
1,989
2,073
2,305
2,544
2,547
2,487
2,664
2,584
2,502
443.8
(0.33%)
3.51%
74
Revenue
VND 2.235T
8.90%
1.00×
Cost of revenue
VND 1.511T
9.14%
1.02×
Operating expenses
VND 393.7B
8.97%
1.01×
Property and equipment
16.86%
Spread over hurdle
(4.95%)