20.94
RevenueVND B
99.98
106.5
116.1
128.4
137.7
147.8
159.8
176.1
188.3
200.0
23.45
7.75%
7.94%
77
9.70
Revenue growth%
18.27
16.11
14.65
14.83
17.00
17.05
14.27
12.27
14.98
16.33
20.08
14.98
15.55
11
2.62
Gross margin%
11.80
11.58
10.51
7.87
5.87
4.20
3.33
2.39
1.03
3.56
2.07
3.33
5.03
67
27.95
Operating margin%
4.75
6.33
4.73
3.04
4.24
2.79
0.40
1.27
0.40
0.40
12.00
0.40
2.91
11
29.42
Net margin%
13.66
10.82
10.45
13.09
10.49
12.75
14.10
13.49
13.94
16.23
11.49
13.94
13.29
37
36.70
P/E ratio (avg)x
20.28
18.86
16.63
16.58
16.90
18.26
18.67
18.35
17.45
16.04
24.01
18.26
17.85
39
10.07
EV/EBITx
34.88
32.18
32.00
36.40
41.07
43.49
46.01
47.77
47.29
50.62
14.40
47.29
42.28
60
22.90
FCF yield (avg)%
10.25
13.10
13.06
13.55
12.37
13.07
10.16
11.49
10.47
9.01
26.29
10.47
11.93
29
18.53
FCF margin%
21.87
22.39
23.28
21.41
18.44
17.46
16.78
16.19
15.84
18.34
9.10
16.78
18.39
85
1.117
FCF / Net incomex
0.233
0.229
0.249
0.241
0.216
0.239
0.220
0.227
0.211
0.229
1.710
0.227
0.229
20
7.96
ROIC%
18.18
16.40
14.66
15.38
17.99
18.61
19.53
21.08
22.63
23.87
11.26
21.08
18.39
67
24.23
Return on equity%
7.49
9.19
9.42
11.28
13.17
11.03
8.61
10.44
7.90
8.64
8.00
8.64
9.30
22
11.09
Return on assets%
9.72
7.11
9.74
11.87
9.73
9.74
10.33
9.14
8.71
7.82
18.11
9.14
9.73
43
770.92
EPSVND
1,222
1,263
1,281
1,362
1,357
1,189
1,285
1,261
1,356
1,283
849.69
(1.10%)
0.08%
—
20.36
EPS growth%
30.51
30.31
32.37
30.59
31.95
32.57
34.99
34.60
36.25
34.33
13.53
34.60
32.47
55
684.65
Bookvalue per shVND
672.49
581.59
619.53
676.37
605.35
660.22
591.54
640.60
694.50
683.31
416.30
2.45%
(0.66%)
—
585.08
FCF per shareVND
157.59
137.70
118.27
115.63
112.94
110.18
97.98
94.79
101.14
108.34
378.40
(0.83%)
(4.04%)
—
750.15
Dividend per shVND
717.37
722.98
715.29
720.84
861.14
849.84
914.43
1,001
1,003
1,064
1,076
4.31%
4.99%
—
24.89
Div yield (avg)%
19.17
22.01
22.60
23.26
26.00
23.10
23.91
22.44
22.65
25.46
24.37
23.10
22.88
46
2.41
Payout ratio%
14.44
16.20
14.66
17.46
15.93
18.89
16.89
16.31
17.31
16.92
5.37
16.92
16.60
42
116.2
Shares (diluted)M
151.2
153.5
179.3
194.7
190.8
225.6
261.6
304.0
332.0
335.1
112.9
11.92%
9.87%
60
11.77
Buyback yield%
10.47
12.73
14.32
15.75
15.54
14.14
14.63
16.85
16.92
17.33
8.94
16.85
15.09
33
1.687
D/E ratiox
0.882
0.956
0.853
0.770
0.819
0.807
0.795
0.735
0.729
0.811
1.157
0.795
0.809
49
267.1
Enterprise valueVND B
78.98
83.08
76.86
80.04
89.57
96.88
110.7
126.5
117.9
122.3
108.6
6.43%
4.02%
84
256.8
LT debtVND B
103.1
97.85
112.8
114.6
129.7
140.0
134.6
149.1
161.0
171.8
141.6
5.78%
4.84%
74
Revenue
VND 200.0B
7.94%
1.00×
Cost of revenue
VND 108.8B
8.02%
1.01×
Operating expenses
VND 49.88B
8.22%
1.03×
Property and equipment
18.54%
Goodwill & intangibles
15.56%
Spread over hurdle
(5.01%)