430.5
RevenueVND B
519.5
540.1
546.7
567.5
584.4
592.7
617.9
634.9
666.6
695.2
443.7
3.53%
3.15%
60
28.79
Revenue growth%
37.07
38.41
39.18
41.81
42.53
41.79
43.71
42.92
40.47
42.43
21.11
42.43
41.80
78
27.29
Gross margin%
18.86
19.67
22.14
24.50
24.97
26.01
26.44
25.75
25.25
26.05
11.61
26.01
25.11
12
3.79
Operating margin%
2.86
1.62
4.35
3.88
6.65
3.87
4.84
4.45
2.02
0.40
6.08
3.87
3.88
38
11.38
Net margin%
14.42
17.19
18.85
16.34
18.57
15.89
16.25
19.00
18.00
20.27
12.79
18.00
17.59
76
22.19
P/E ratio (avg)x
29.21
33.87
38.93
39.81
43.10
46.85
47.46
49.97
51.74
55.35
35.76
49.97
44.98
64
29.68
EV/EBITx
17.65
16.44
18.21
19.47
18.76
19.31
19.32
18.65
20.06
18.54
22.18
19.31
18.71
63
2.93
FCF yield (avg)%
21.63
24.01
24.99
26.45
25.58
26.30
26.67
29.21
31.27
29.43
21.26
29.21
26.37
78
11.89
FCF margin%
31.40
28.50
28.44
27.30
25.05
26.34
27.10
28.03
28.12
28.20
27.61
28.03
28.07
53
0.737
FCF / Net incomex
1.483
1.615
1.460
1.314
1.230
1.229
1.281
1.206
1.317
1.443
0.456
1.281
1.315
25
15.13
ROIC%
9.10
10.01
8.03
8.22
8.92
8.17
10.70
9.10
8.76
8.93
12.09
8.93
8.92
46
10.21
Return on equity%
25.53
25.79
23.58
21.76
19.16
17.59
17.70
19.04
21.44
23.40
12.67
19.04
21.60
83
29.44
Return on assets%
14.37
16.88
14.27
13.74
16.30
14.01
11.88
9.76
8.18
6.89
18.61
9.76
13.87
45
2,562
EPSVND
1,588
1,653
1,810
1,685
1,787
1,853
1,919
1,727
1,808
1,747
2,857
(0.46%)
1.53%
—
4.73
EPS growth%
28.17
28.73
27.22
27.76
29.71
27.11
28.00
26.65
25.32
25.87
18.77
26.65
27.49
61
1,696
Bookvalue per shVND
1,790
1,965
2,236
2,636
2,873
3,323
3,288
3,313
3,704
3,529
1,810
4.20%
8.17%
—
2,791
FCF per shareVND
764.43
740.81
686.71
681.95
663.35
724.41
761.15
684.91
659.84
631.01
1,515
(0.99%)
(1.26%)
—
2,435
Dividend per shVND
2,489
2,699
2,609
2,824
2,722
2,500
2,677
2,436
2,638
2,372
1,036
(2.72%)
(0.72%)
—
18.59
Div yield (avg)%
2.66
2.60
2.60
3.25
5.45
3.99
2.32
0.40
1.78
1.82
26.87
1.82
2.60
43
9.17
Payout ratio%
30.15
30.57
31.99
34.64
37.56
39.45
40.81
41.40
43.95
42.12
20.32
41.40
38.51
59
62.02
Shares (diluted)M
73.59
81.08
77.82
92.42
103.1
100.1
95.84
95.26
92.93
90.87
64.46
(2.50%)
1.83%
92
16.47
Buyback yield%
10.47
9.53
8.66
10.26
11.21
10.51
13.18
14.32
11.75
11.84
24.57
11.84
10.86
12
0.217
D/E ratiox
0.490
0.520
0.503
0.443
0.422
0.391
0.363
0.346
0.317
0.339
0.173
0.346
0.407
47
232.1
Enterprise valueVND B
574.1
530.9
510.7
467.2
478.9
541.8
596.2
591.4
665.5
747.7
657.1
9.32%
3.57%
13
592.9
LT debtVND B
264.9
281.2
252.8
237.7
235.4
232.1
251.3
222.0
215.5
212.1
492.1
(2.07%)
(1.65%)
73
Revenue
VND 695.2B
3.15%
1.00×
Cost of revenue
VND 428.5B
3.26%
1.01×
Operating expenses
VND 144.6B
2.49%
0.94×
Goodwill & intangibles
17.47%
Spread over hurdle
(6.81%)