521.7
RevenueVND B
765.9
804.0
847.0
902.9
970.8
1,038
1,098
1,153
1,200
1,295
552.2
5.92%
6.13%
55
4.08
Revenue growth%
23.72
23.26
24.75
23.32
23.90
25.99
25.57
26.84
26.20
28.33
29.46
26.20
25.16
69
10.13
Gross margin%
10.29
12.03
9.09
11.93
12.54
9.66
10.87
9.79
9.05
7.26
26.68
9.66
10.04
18
17.92
Operating margin%
24.63
24.39
22.42
23.89
26.83
24.33
26.00
25.42
25.47
22.58
6.64
25.42
24.51
44
3.41
Net margin%
29.46
29.64
31.56
31.80
32.75
35.72
34.24
35.55
35.72
37.64
22.76
35.72
33.50
58
17.26
P/E ratio (avg)x
27.86
27.98
28.88
30.65
31.76
31.85
31.91
31.11
36.35
41.81
24.78
31.91
31.43
83
21.79
EV/EBITx
37.00
39.02
39.29
42.53
43.70
48.41
51.98
52.81
49.42
52.04
24.36
51.98
46.06
75
20.30
FCF yield (avg)%
24.43
25.49
27.54
26.75
29.02
31.76
29.96
28.71
27.62
28.95
22.11
28.95
28.17
38
20.49
FCF margin%
12.40
14.89
17.43
15.07
16.32
14.59
12.45
12.98
10.71
12.11
3.74
12.45
13.78
26
0.406
FCF / Net incomex
0.797
0.822
0.941
1.101
1.066
1.226
1.386
1.542
1.775
1.962
1.348
1.542
1.164
92
2.55
ROIC%
16.64
14.88
16.31
13.82
12.92
14.48
13.74
13.20
15.03
15.91
16.70
14.48
14.68
46
8.84
Return on equity%
1.62
1.74
3.71
5.83
3.72
3.95
2.20
0.40
0.40
1.87
9.10
1.87
2.04
31
27.40
Return on assets%
24.03
22.42
25.18
24.60
22.44
19.99
18.02
19.38
17.39
17.56
16.15
18.02
21.20
49
2,654
EPSVND
3,481
3,507
3,373
3,929
4,295
4,011
3,956
4,212
4,393
4,406
2,905
0.51%
2.78%
—
11.90
EPS growth%
6.10
8.41
7.37
9.44
8.89
8.59
5.77
6.12
6.25
8.31
10.83
6.25
7.84
21
1,830
Bookvalue per shVND
2,761
2,522
2,372
2,503
2,439
2,716
2,941
2,967
3,203
3,220
948.67
5.71%
1.87%
—
3,113
FCF per shareVND
2,888
3,412
3,607
3,899
4,157
4,653
5,537
6,304
7,451
8,652
1,518
15.79%
13.13%
—
2,355
Dividend per shVND
1,175
1,291
1,288
1,502
1,714
1,986
2,249
2,318
2,707
2,759
865.68
9.99%
9.85%
—
25.39
Div yield (avg)%
28.19
28.83
31.14
29.16
29.04
31.06
29.25
28.34
28.20
27.61
2.51
28.34
28.93
55
11.25
Payout ratio%
27.30
26.93
29.60
28.84
27.31
25.15
24.76
23.52
24.50
25.24
12.45
24.76
26.09
83
107.4
Shares (diluted)M
196.1
191.9
185.9
175.8
188.7
179.5
187.2
178.7
195.8
209.4
111.5
2.10%
1.23%
82
25.36
Buyback yield%
7.85
10.81
13.59
13.58
15.19
17.06
16.21
15.05
12.43
11.97
12.64
15.05
13.58
47
0.771
D/E ratiox
1.450
1.473
1.354
1.252
1.107
1.073
1.044
0.928
0.948
0.913
0.445
0.948
1.090
36
946.8
Enterprise valueVND B
1,388
1,630
1,841
1,811
1,927
1,884
2,095
2,146
2,192
2,404
214.4
4.52%
6.63%
19
850.0
LT debtVND B
633.6
645.1
676.0
702.9
735.5
795.9
700.9
608.0
535.0
566.6
829.0
(5.08%)
(1.39%)
37
Revenue
VND 1.295T
6.13%
1.00×
Cost of revenue
VND 906.2B
6.13%
1.00×
Operating expenses
VND 248.1B
5.90%
0.98×
Cash and investments
15.36%
Goodwill & intangibles
14.87%
Spread over hurdle
(4.94%)