877.6
RevenueVND B
780.0
829.3
890.4
934.8
1,020
1,081
1,158
1,237
1,348
1,444
971.1
7.19%
7.01%
70
6.70
Revenue growth%
28.79
26.86
28.41
29.32
31.79
32.01
31.70
34.11
31.91
29.18
12.85
31.91
30.51
61
21.81
Gross margin%
18.13
19.46
20.28
20.97
18.13
20.11
21.76
22.81
22.90
24.35
15.12
22.81
20.63
69
19.80
Operating margin%
6.50
6.19
7.44
10.27
11.37
13.45
14.48
16.87
14.02
15.52
20.94
14.48
12.41
80
20.98
Net margin%
25.67
26.20
23.56
25.74
27.91
29.62
26.74
28.31
28.44
27.49
3.62
28.31
27.12
16
24.59
P/E ratio (avg)x
39.83
46.26
48.35
46.53
47.63
45.75
50.56
53.97
61.78
65.68
32.37
53.97
47.99
91
25.08
EV/EBITx
43.91
48.39
56.44
56.96
53.22
53.89
62.94
72.87
72.49
79.81
33.29
72.49
56.70
18
28.67
FCF yield (avg)%
24.82
26.26
29.21
28.45
27.50
27.51
24.64
25.80
26.14
25.02
11.22
25.80
26.20
86
8.80
FCF margin%
20.04
21.97
24.60
26.15
27.91
30.02
31.40
29.41
27.12
25.12
18.94
29.41
26.64
31
0.526
FCF / Net incomex
2.240
2.464
2.488
2.894
3.209
3.501
4.173
4.179
4.093
4.090
1.504
4.093
3.355
61
7.55
ROIC%
24.22
25.83
26.91
27.70
30.68
28.69
30.46
27.66
26.33
26.08
6.61
27.66
27.28
58
15.98
Return on equity%
2.84
0.40
0.40
0.40
1.48
0.40
0.40
2.72
0.45
0.40
6.10
0.40
0.40
17
23.54
Return on assets%
18.97
16.43
17.78
18.83
21.80
21.13
21.41
22.02
19.72
21.15
24.85
21.15
20.43
80
5,994
EPSVND
9,163
9,762
10,947
12,403
14,437
16,491
17,628
18,820
19,387
20,318
6,255
7.07%
8.51%
—
3.99
EPS growth%
27.97
27.69
27.13
27.37
28.52
28.37
27.05
28.80
27.28
24.64
24.66
27.28
27.53
23
7,410
Bookvalue per shVND
8,842
9,015
9,784
10,614
11,058
12,444
13,347
13,457
12,856
14,205
6,746
5.14%
6.03%
—
3,694
FCF per shareVND
1,338
1,383
1,485
1,641
1,808
1,671
1,829
1,841
1,706
1,771
6,781
(0.41%)
3.85%
—
7,760
Dividend per shVND
6,450
6,244
7,256
7,552
8,806
9,623
11,088
12,564
12,973
12,544
3,157
7.33%
8.32%
—
16.85
Div yield (avg)%
18.60
20.39
19.48
21.46
22.97
22.58
20.48
20.04
22.26
23.71
9.75
22.26
20.97
17
9.66
Payout ratio%
18.08
18.47
19.77
17.97
19.39
21.92
22.33
24.48
23.58
21.44
20.05
22.33
20.60
43
114.0
Shares (diluted)M
146.6
159.3
176.7
194.3
215.9
233.1
240.5
269.6
313.0
301.4
112.6
6.89%
7.58%
58
6.70
Buyback yield%
20.03
21.66
21.37
24.23
21.33
23.96
24.48
22.10
24.07
22.67
8.42
23.96
22.38
39
0.797
D/E ratiox
0.904
0.891
0.803
0.802
0.773
0.812
0.835
0.795
0.753
0.773
1.700
0.795
0.802
95
230.5
Enterprise valueVND B
1,290
1,446
1,404
1,330
1,339
1,294
1,298
1,328
1,340
1,433
125.0
1.37%
0.12%
27
983.5
LT debtVND B
1,774
1,724
1,655
1,769
1,746
1,918
1,862
2,043
2,272
2,263
1,258
5.33%
2.91%
53
Revenue
VND 1.444T
7.01%
1.00×
Cost of revenue
VND 844.8B
6.67%
0.97×
Operating expenses
VND 201.0B
8.07%
1.10×
Property and equipment
21.14%
Cash and investments
14.51%
Spread over hurdle
41.30%