493.0
RevenueVND B
679.0
739.4
812.1
881.0
947.2
1,052
1,136
1,235
1,319
1,458
520.2
9.01%
8.95%
71
3.22
Revenue growth%
30.10
31.17
28.97
29.00
28.03
27.34
30.05
29.56
27.75
28.55
2.67
28.55
28.99
52
5.42
Gross margin%
13.87
15.90
18.86
20.67
21.39
22.44
24.08
23.17
24.48
23.15
16.35
23.17
21.91
75
14.68
Operating margin%
33.96
34.39
35.54
35.37
33.21
30.38
32.57
32.75
34.25
34.37
27.89
32.75
34.11
81
22.75
Net margin%
29.39
28.37
28.38
26.57
26.07
28.89
30.39
31.16
30.55
33.52
2.45
30.55
29.14
63
37.82
P/E ratio (avg)x
29.97
34.24
40.32
38.79
46.06
47.97
47.01
51.62
51.86
58.80
31.29
51.62
46.54
20
37.43
EV/EBITx
41.59
46.81
48.60
56.38
54.37
56.05
52.14
60.30
60.33
70.44
13.86
60.30
55.21
82
11.07
FCF yield (avg)%
10.82
12.31
13.19
14.12
14.21
12.65
15.53
17.14
17.23
19.56
27.60
17.14
14.16
90
13.83
FCF margin%
25.80
28.02
27.89
30.70
29.05
28.31
30.18
30.35
33.01
31.48
8.81
30.35
29.61
73
1.492
FCF / Net incomex
0.727
0.678
0.610
0.596
0.574
0.522
0.515
0.484
0.512
0.453
0.658
0.512
0.548
15
25.50
ROIC%
0.62
0.40
0.40
0.40
2.39
2.45
3.14
3.56
5.77
3.74
6.04
3.56
2.42
89
14.30
Return on equity%
22.08
24.64
27.27
30.20
31.10
33.72
33.13
30.50
31.33
28.43
17.21
31.33
30.35
66
4.99
Return on assets%
20.16
19.03
17.47
19.38
21.21
23.63
25.39
23.33
23.61
26.41
9.92
23.63
22.27
26
2,925
EPSVND
2,318
2,540
2,687
2,784
2,804
2,602
2,651
2,855
2,617
2,739
3,095
(0.47%)
1.94%
—
13.09
EPS growth%
4.54
7.16
4.51
3.75
3.93
3.28
3.87
3.94
6.90
5.16
22.03
3.94
4.22
12
4,931
Bookvalue per shVND
2,617
2,298
2,436
2,444
2,268
2,355
2,631
2,324
2,153
2,103
5,535
(1.50%)
(3.30%)
—
4,633
FCF per shareVND
2,329
2,343
2,496
2,669
2,365
2,019
1,953
1,894
2,032
2,122
6,647
(2.14%)
(1.29%)
—
2,357
Dividend per shVND
3,585
3,268
3,169
2,926
3,305
3,099
3,434
3,922
3,726
3,895
4,180
3.34%
0.99%
—
5.04
Div yield (avg)%
29.78
27.67
28.14
25.81
26.04
24.41
26.11
25.97
28.68
27.92
4.90
26.11
26.89
45
25.59
Payout ratio%
28.00
29.76
30.51
29.07
27.99
27.23
25.77
25.26
25.71
27.63
11.51
25.77
27.81
54
154.9
Shares (diluted)M
248.4
288.3
327.9
372.9
362.4
371.8
403.0
396.2
473.5
533.6
156.2
8.05%
9.08%
7
6.28
Buyback yield%
34.53
35.80
35.87
34.02
36.53
34.62
33.27
35.31
32.76
35.49
17.83
34.62
34.97
16
1.403
D/E ratiox
1.219
1.226
1.319
1.411
1.397
1.428
1.323
1.211
1.318
1.203
1.626
1.318
1.319
23
413.1
Enterprise valueVND B
1,919
2,095
2,064
2,316
2,523
2,702
2,625
2,719
2,834
3,018
1,703
3.65%
4.70%
92
137.2
LT debtVND B
2,006
1,994
1,943
2,225
2,129
2,452
2,446
2,320
2,272
2,466
73.14
2.98%
1.44%
14
Revenue
VND 1.458T
8.95%
1.00×
Cost of revenue
VND 816.2B
8.84%
0.99×
Operating expenses
VND 320.4B
9.83%
1.08×
Cash and investments
15.84%
Property and equipment
15.51%
Spread over hurdle
(9.80%)