486.8
RevenueVND B
238.2
262.3
279.7
310.4
331.6
355.8
391.5
415.8
458.0
490.2
507.9
8.13%
8.59%
26
10.44
Revenue growth%
8.31
8.06
10.66
9.23
11.56
13.11
10.61
8.82
11.17
13.26
9.77
11.17
10.63
18
22.23
Gross margin%
21.67
22.77
23.76
22.84
21.38
18.74
18.13
16.21
14.78
13.42
28.01
16.21
20.06
54
23.74
Operating margin%
24.95
22.11
20.98
21.06
22.81
23.57
21.07
19.33
17.74
17.79
3.69
19.33
21.06
39
22.61
Net margin%
19.63
17.43
15.33
12.59
15.54
13.53
15.89
18.72
21.39
20.09
9.31
18.72
16.66
93
20.24
P/E ratio (avg)x
14.35
15.65
15.02
14.91
15.71
15.32
14.06
13.89
13.13
12.31
25.44
13.89
14.63
79
9.371
EV/EBITx
14.35
14.29
13.66
13.55
15.49
17.67
18.85
20.11
19.51
20.24
32.93
19.51
16.58
82
20.91
FCF yield (avg)%
23.89
24.39
23.01
20.25
22.56
25.16
27.15
29.04
27.17
27.25
12.56
27.17
24.78
46
7.58
FCF margin%
27.95
30.51
31.72
28.77
31.51
30.73
29.14
29.44
31.77
31.84
17.69
30.73
30.62
51
0.282
FCF / Net incomex
0.748
0.742
0.829
0.925
1.051
1.124
1.297
1.229
1.366
1.420
1.260
1.297
1.088
70
11.11
ROIC%
26.10
26.15
28.36
31.07
32.44
31.14
28.62
28.91
30.80
28.75
2.74
28.91
28.83
18
4.65
Return on equity%
5.14
2.97
1.26
0.40
0.40
0.40
1.84
0.40
0.40
3.06
8.20
0.40
0.83
81
28.74
Return on assets%
21.07
22.52
24.80
26.93
26.74
26.15
28.82
31.56
30.09
29.77
25.91
29.77
26.84
71
3,049
EPSVND
4,605
4,850
5,863
5,787
6,621
7,554
8,287
9,820
11,186
13,115
3,242
14.65%
12.23%
—
14.58
EPS growth%
21.75
24.71
22.88
24.14
25.28
23.77
22.92
24.97
26.73
26.03
28.89
24.97
24.43
20
1,375
Bookvalue per shVND
1,955
1,770
1,753
1,600
1,633
1,539
1,642
1,708
1,552
1,483
3,593
(1.91%)
(3.62%)
—
2,689
FCF per shareVND
5,539
5,891
5,678
6,329
6,352
6,386
6,770
6,549
6,938
7,312
1,101
2.86%
4.55%
—
3,598
Dividend per shVND
3,751
3,707
3,808
3,533
3,501
3,850
4,431
4,569
4,723
5,385
3,672
8.99%
3.08%
—
27.60
Div yield (avg)%
11.30
8.87
11.31
12.16
9.20
7.73
7.68
6.49
8.29
10.72
6.55
7.73
9.03
77
26.64
Payout ratio%
3.66
2.90
2.77
1.98
3.65
3.58
5.62
4.26
2.97
5.58
4.69
4.26
3.61
56
99.30
Shares (diluted)M
169.3
196.3
200.5
208.5
215.7
237.3
279.9
301.8
313.3
336.8
100.6
9.32%
8.63%
85
28.02
Buyback yield%
15.45
15.09
17.34
18.93
17.81
19.49
19.76
20.62
18.01
19.49
24.38
19.49
18.47
22
0.130
D/E ratiox
1.450
1.612
1.827
1.809
1.664
1.869
2.096
2.362
2.395
2.738
1.166
2.362
1.848
48
35.71
Enterprise valueVND B
525.6
539.3
608.5
707.0
742.1
793.6
806.6
930.8
1,050
1,060
227.8
7.40%
8.60%
36
130.1
LT debtVND B
361.1
355.4
338.2
296.8
291.9
305.4
325.3
343.1
312.9
330.8
107.9
2.53%
(1.73%)
8
Revenue
VND 490.2B
8.59%
1.00×
Cost of revenue
VND 265.8B
8.16%
0.96×
Operating expenses
VND 60.49B
9.36%
1.07×
Property and equipment
17.81%
Goodwill & intangibles
16.74%
Spread over hurdle
21.12%