4,052
RevenueVND B
4,355
4,444
4,600
4,750
4,955
5,091
5,277
5,563
5,679
5,753
4,466
3.03%
3.33%
39
27.87
Revenue growth%
16.11
18.36
19.19
17.68
17.90
15.12
13.83
16.49
14.82
12.67
21.06
14.82
16.30
16
10.26
Gross margin%
25.46
23.75
21.50
20.96
23.63
25.74
23.19
21.35
20.80
19.99
8.48
21.35
22.34
84
2.52
Operating margin%
16.42
16.38
14.08
16.88
19.44
18.22
19.64
17.46
19.30
20.54
20.26
19.30
17.84
50
16.34
Net margin%
0.80
1.35
0.40
0.40
0.40
0.61
2.34
0.41
1.30
0.98
12.83
0.98
0.70
16
13.38
P/E ratio (avg)x
39.96
46.00
46.40
47.45
53.11
57.71
57.85
59.69
58.82
60.10
36.39
58.82
55.41
84
34.19
EV/EBITx
38.05
34.13
31.42
32.87
35.14
35.37
33.39
33.28
32.27
30.53
12.08
33.28
33.34
60
4.27
FCF yield (avg)%
7.32
9.04
10.01
7.49
7.07
6.50
8.06
6.04
7.13
8.83
13.43
7.13
7.40
10
15.24
FCF margin%
27.51
27.04
29.77
32.18
31.02
28.69
31.40
28.53
27.98
28.62
26.97
28.62
28.66
40
1.645
FCF / Net incomex
0.501
0.541
0.602
0.667
0.659
0.664
0.749
0.774
0.729
0.808
0.606
0.749
0.666
34
19.62
ROIC%
9.88
12.26
12.51
12.17
10.58
11.95
12.33
12.21
11.07
9.14
14.33
11.95
12.06
85
27.31
Return on equity%
17.87
15.68
16.45
18.28
15.73
15.20
17.71
15.74
17.42
17.39
18.68
17.39
16.92
37
4.79
Return on assets%
12.82
13.58
15.93
14.88
17.57
18.00
18.27
19.99
21.14
21.91
15.15
19.99
17.78
24
3,498
EPSVND
2,135
1,997
2,063
2,103
2,135
2,050
1,945
1,746
1,552
1,490
3,697
(6.94%)
(3.59%)
—
8.47
EPS growth%
17.12
14.87
15.27
12.51
14.81
17.05
14.43
14.57
17.21
17.84
10.03
17.05
15.07
35
2,887
Bookvalue per shVND
2,386
2,718
2,511
2,716
2,698
3,056
2,931
2,925
2,944
2,882
1,054
1.33%
2.18%
—
2,738
FCF per shareVND
2,046
2,022
1,903
1,696
1,611
1,582
1,545
1,643
1,567
1,675
3,479
0.78%
(2.70%)
—
2,954
Dividend per shVND
3,551
3,461
3,875
3,578
3,610
4,026
4,535
5,107
4,847
5,054
2,055
6.96%
4.30%
—
18.45
Div yield (avg)%
20.63
20.60
22.71
22.28
23.57
24.40
26.94
26.16
29.11
31.86
19.86
26.94
23.98
31
13.71
Payout ratio%
26.84
28.58
25.98
27.13
25.02
25.94
27.83
27.61
25.27
25.46
27.62
25.94
26.41
69
0.941
Shares (diluted)B
1.949
2.214
2.395
2.461
2.980
3.457
3.835
4.427
5.096
5.911
0.918
14.68%
13.25%
60
8.08
Buyback yield%
25.23
23.09
20.53
22.82
22.33
22.98
20.27
21.37
23.98
21.38
12.36
21.38
22.57
24
1.326
D/E ratiox
1.920
2.012
2.202
2.513
2.478
2.511
2.851
3.203
3.035
3.297
1.172
3.035
2.512
29
315.7
Enterprise valueVND B
608.5
600.0
595.2
665.5
768.2
781.1
911.1
1,025
1,231
1,485
3,626
14.10%
10.99%
64
979.7
LT debtVND B
2,961
2,977
3,067
3,412
3,441
3,461
3,265
3,539
4,140
4,026
1,008
3.18%
4.22%
24
Revenue
VND 5.753T
3.33%
1.00×
Cost of revenue
VND 3.672T
3.31%
1.00×
Operating expenses
VND 1.353T
3.81%
1.05×
Goodwill & intangibles
19.24%
Property and equipment
18.21%
Spread over hurdle
(3.58%)