21,853
RevenueVND B
27,500
28,693
29,135
30,138
31,383
32,398
34,098
36,133
37,975
38,746
22,945
4.31%
3.82%
16
7.97
Revenue growth%
17.03
19.28
16.46
16.91
19.40
21.54
21.39
23.95
24.32
22.54
5.53
22.54
20.39
39
20.29
Gross margin%
7.28
5.27
5.36
2.97
5.55
8.10
10.99
12.13
10.35
7.81
26.62
10.35
7.54
75
9.49
Operating margin%
32.72
34.52
35.36
34.23
32.59
33.61
36.37
39.08
39.92
41.96
15.07
39.08
34.94
45
13.76
Net margin%
0.40
0.40
0.40
0.41
0.40
0.40
0.52
0.40
0.40
1.77
11.13
0.40
0.40
27
13.62
P/E ratio (avg)x
15.73
17.39
18.00
17.45
18.55
18.69
19.55
18.82
20.71
20.93
18.43
19.55
18.62
43
21.29
EV/EBITx
33.00
34.09
32.48
33.87
32.62
29.63
28.06
27.27
23.57
23.34
30.42
27.27
31.06
86
3.85
FCF yield (avg)%
18.66
17.26
20.14
17.33
19.48
19.39
19.03
17.06
16.50
16.66
7.54
17.06
18.00
33
12.19
FCF margin%
15.71
13.16
12.70
15.17
18.07
18.89
20.41
20.28
21.65
23.08
11.27
20.41
18.48
35
1.491
FCF / Net incomex
1.863
2.096
2.105
2.323
2.322
2.402
2.322
2.719
2.846
2.935
1.540
2.719
2.323
68
20.08
ROIC%
22.25
20.37
20.30
17.72
19.27
18.35
19.35
17.09
15.18
15.49
19.84
17.09
18.81
89
17.69
Return on equity%
20.63
20.94
19.73
21.04
21.43
22.52
24.77
22.62
22.19
19.50
4.63
22.52
21.24
64
28.69
Return on assets%
21.25
19.36
21.35
23.78
25.56
25.25
23.36
22.85
21.30
23.41
3.34
23.36
23.11
11
4,047
EPSVND
2,156
2,371
2,624
2,842
2,758
2,804
3,019
3,060
2,907
3,212
4,489
3.09%
3.71%
—
9.26
EPS growth%
10.81
13.61
11.48
13.31
13.19
13.96
13.96
15.42
17.72
15.43
28.19
15.42
13.79
55
7,025
Bookvalue per shVND
6,341
7,147
7,063
6,759
7,038
6,994
7,139
6,743
6,531
7,335
2,830
0.83%
1.59%
—
11,484
FCF per shareVND
16,346
15,906
15,849
18,159
21,771
24,278
27,171
27,448
28,534
29,327
8,138
6.14%
7.52%
—
5,815
Dividend per shVND
5,659
5,193
5,790
5,393
4,976
4,884
5,192
5,849
6,462
7,110
5,702
7.40%
1.76%
—
5.65
Div yield (avg)%
26.39
29.11
30.68
33.47
33.06
33.22
34.93
33.09
33.51
31.14
6.98
33.22
33.07
86
16.11
Payout ratio%
4.40
3.24
1.55
0.40
2.13
2.05
0.85
3.26
3.53
4.21
28.21
3.26
2.69
25
1.455
Shares (diluted)B
2.332
2.574
2.853
2.704
2.848
2.784
3.035
3.145
3.412
3.675
1.502
5.23%
5.71%
12
26.98
Buyback yield%
30.06
29.32
32.09
34.27
33.31
35.64
33.95
33.14
32.51
33.01
11.71
33.14
33.07
5
0.351
D/E ratiox
0.630
0.649
0.631
0.597
0.568
0.529
0.552
0.506
0.483
0.514
0.341
0.514
0.560
24
10,092
Enterprise valueVND B
10,020
11,523
12,489
12,924
15,191
16,809
19,921
20,920
21,148
23,719
20,333
9.32%
10.06%
87
26,803
LT debtVND B
12,807
12,718
13,954
14,624
15,700
16,002
17,427
19,199
21,609
23,654
7,911
8.54%
7.32%
46
Revenue
VND 38.75T
3.82%
1.00×
Cost of revenue
VND 16.33T
3.42%
0.96×
Operating expenses
VND 9.346T
4.44%
1.06×
Spread over hurdle
(1.08%)