75.96
RevenueVND B
236.9
240.6
238.3
238.8
241.4
247.6
254.8
262.1
270.5
270.3
80.92
2.29%
1.56%
19
25.90
Revenue growth%
22.88
23.69
21.17
18.59
17.50
18.95
19.04
16.51
18.04
20.67
26.12
18.95
19.00
37
6.41
Gross margin%
19.93
22.25
22.59
24.03
26.98
27.39
24.73
23.72
23.74
24.63
19.42
24.63
23.89
12
11.61
Operating margin%
18.45
18.19
17.09
15.25
14.47
13.07
13.42
12.01
11.03
11.60
19.51
12.01
13.95
41
13.10
Net margin%
21.85
20.67
23.28
23.68
25.50
25.15
23.30
25.41
22.58
20.86
7.26
23.30
23.29
67
21.26
P/E ratio (avg)x
27.81
27.41
28.03
32.48
33.72
36.72
39.14
42.80
44.22
45.83
37.66
42.80
35.22
57
37.84
EV/EBITx
37.00
38.48
37.58
43.65
49.06
57.82
57.62
56.78
58.48
57.60
13.58
57.62
52.92
10
11.15
FCF yield (avg)%
27.22
25.49
26.61
25.22
23.46
21.58
21.90
24.49
22.03
21.21
11.05
21.90
23.97
69
13.33
FCF margin%
29.19
31.23
31.95
29.10
29.49
30.09
31.49
30.44
27.57
26.48
9.89
30.09
29.79
13
1.605
FCF / Net incomex
0.270
0.292
0.296
0.303
0.350
0.340
0.334
0.373
0.404
0.388
0.777
0.373
0.337
32
25.45
ROIC%
5.95
8.93
11.12
10.68
13.53
10.97
10.00
7.76
6.00
7.45
28.24
7.76
9.46
94
18.47
Return on equity%
23.80
20.86
23.49
20.62
23.17
22.62
22.66
20.02
20.38
22.74
24.92
22.62
22.64
78
4.80
Return on assets%
29.69
27.11
29.42
28.45
26.67
24.02
26.21
27.65
30.11
28.32
22.50
27.65
27.98
43
4,160
EPSVND
4,779
4,868
5,603
6,034
6,360
6,682
7,072
8,144
8,016
8,598
4,624
6.22%
6.71%
—
20.05
EPS growth%
19.78
19.89
21.06
23.48
24.75
26.32
27.81
27.68
30.24
31.70
16.08
27.81
25.54
6
4,273
Bookvalue per shVND
6,463
7,303
8,187
8,972
8,858
8,242
8,832
9,312
10,681
11,141
2,287
4.69%
7.09%
—
713.45
FCF per shareVND
2,591
2,645
2,883
2,718
2,498
2,271
2,426
2,546
2,787
2,893
623.59
2.98%
1.65%
—
716.27
Dividend per shVND
6,534
7,581
8,095
8,569
9,057
10,271
10,862
11,055
12,077
13,882
2,158
8.92%
8.25%
—
28.68
Div yield (avg)%
13.48
14.98
15.62
18.44
16.73
19.16
20.94
22.57
24.06
21.15
4.65
21.15
18.80
25
14.81
Payout ratio%
17.01
14.14
15.03
12.33
14.38
12.01
13.26
13.24
15.38
15.84
14.41
13.26
14.26
14
30.68
Shares (diluted)M
45.52
48.70
57.20
55.02
61.91
59.79
61.46
62.30
65.79
74.45
29.11
3.76%
6.72%
87
2.04
Buyback yield%
11.90
13.25
12.56
15.16
16.48
15.30
15.71
17.55
16.66
14.04
4.34
15.71
15.23
27
1.754
D/E ratiox
1.694
1.652
1.626
1.623
1.853
2.068
2.190
2.452
2.351
2.765
0.467
2.351
1.961
64
66.40
Enterprise valueVND B
270.4
244.5
224.6
234.7
226.3
251.7
233.5
225.9
256.3
282.9
40.40
4.56%
0.14%
69
228.0
LT debtVND B
190.7
195.8
221.9
225.4
257.0
296.4
280.5
277.2
328.4
369.5
47.87
7.53%
7.09%
74
Revenue
VND 270.3B
1.56%
1.00×
Cost of revenue
VND 159.7B
1.36%
0.98×
Operating expenses
VND 68.04B
2.13%
1.06×
Property and equipment
16.10%
Spread over hurdle
(7.19%)