20,452
RevenueVND B
38,546
42,624
45,197
50,033
53,780
57,101
62,966
68,847
75,684
80,236
21,811
8.33%
8.70%
65
19.87
Revenue growth%
17.91
16.66
17.15
14.28
14.85
14.63
13.24
11.80
10.12
12.61
8.49
12.61
14.46
5
8.45
Gross margin%
9.23
7.64
9.88
7.36
7.75
7.58
6.69
5.44
6.89
4.23
27.81
6.69
7.47
38
14.74
Operating margin%
11.73
10.07
8.58
10.40
11.87
11.35
11.78
10.22
11.35
10.23
28.25
11.35
10.87
94
19.35
Net margin%
22.15
20.22
21.22
20.01
19.70
22.37
19.99
17.02
16.83
14.87
4.22
17.02
20.00
78
24.72
P/E ratio (avg)x
39.83
40.69
47.19
50.03
51.46
55.46
52.66
50.72
58.67
66.90
37.09
55.46
51.09
71
26.62
EV/EBITx
9.215
8.611
7.595
6.840
6.323
6.096
6.557
6.877
6.818
6.388
19.86
6.557
6.829
32
15.11
FCF yield (avg)%
19.59
17.60
17.72
15.38
18.23
20.56
19.75
20.33
21.26
20.71
27.42
20.56
19.67
84
29.73
FCF margin%
31.23
31.39
33.59
34.97
36.67
36.70
37.92
35.51
33.07
35.12
3.76
35.51
35.05
86
0.561
FCF / Net incomex
0.539
0.578
0.594
0.556
0.572
0.549
0.553
0.601
0.616
0.611
0.921
0.601
0.575
72
19.60
ROIC%
12.69
14.78
15.70
17.64
19.99
22.27
22.27
19.86
21.06
22.88
13.60
22.27
19.93
92
17.76
Return on equity%
10.50
8.97
6.65
4.62
7.20
7.30
4.56
4.51
7.09
9.48
15.47
7.09
7.15
57
27.51
Return on assets%
6.41
5.84
6.42
6.35
5.03
6.53
3.55
4.99
3.84
3.65
6.53
3.84
5.43
44
13,920
EPSVND
9,858
9,848
9,778
9,336
8,747
8,893
8,895
8,650
7,689
7,735
14,431
(2.43%)
(2.37%)
—
3.65
EPS growth%
12.98
13.55
12.42
11.69
11.45
8.96
10.39
12.64
10.01
11.52
25.55
10.39
11.60
7
8,584
Bookvalue per shVND
18,203
18,315
17,526
17,047
16,384
19,007
18,046
18,619
21,373
25,193
5,488
8.99%
3.36%
—
7,371
FCF per shareVND
11,594
11,663
12,847
13,951
14,762
13,371
12,236
12,623
12,439
11,774
7,123
(4.42%)
0.42%
—
5,339
Dividend per shVND
11,734
13,022
12,982
15,181
14,565
13,770
15,697
17,337
18,318
17,672
6,245
3.94%
4.71%
—
28.16
Div yield (avg)%
6.37
6.24
4.08
2.38
0.78
2.52
5.16
3.36
5.49
7.29
2.47
5.16
4.62
51
2.49
Payout ratio%
18.93
18.79
18.82
16.17
15.37
13.28
13.44
11.48
9.54
11.88
29.73
11.88
14.41
24
1.344
Shares (diluted)B
1.595
1.691
1.804
1.720
1.652
1.649
1.836
1.965
1.934
2.023
1.277
4.14%
3.66%
74
26.09
Buyback yield%
29.43
29.18
31.80
31.02
30.11
30.87
28.90
30.76
32.48
34.28
5.19
30.87
30.81
34
1.757
D/E ratiox
0.632
0.613
0.612
0.626
0.586
0.595
0.623
0.656
0.693
0.695
1.651
0.656
0.625
50
67,116
Enterprise valueVND B
31,699
31,526
27,442
26,096
28,451
26,765
23,187
22,505
20,216
20,089
58,347
(6.72%)
(5.74%)
72
7,529
LT debtVND B
69,379
70,904
71,602
62,862
56,468
61,099
53,346
54,773
59,724
62,615
60,225
2.09%
(1.86%)
87
Revenue
VND 80.24T
8.70%
1.00×
Cost of revenue
VND 42.66T
8.47%
0.98×
Operating expenses
VND 13.10T
8.51%
0.98×
Goodwill & intangibles
17.60%
Spread over hurdle
(3.80%)