649.1
RevenueVND B
828.9
843.6
861.4
869.9
878.4
915.8
940.2
963.4
1,009
1,052
695.9
3.68%
2.47%
46
13.74
Revenue growth%
25.07
24.69
22.38
21.86
21.13
23.96
21.31
21.76
24.40
23.25
24.88
23.25
22.81
29
2.32
Gross margin%
15.63
15.47
13.62
10.78
9.03
6.88
4.66
7.31
7.72
7.53
12.13
7.31
8.38
21
11.65
Operating margin%
12.14
14.42
14.54
11.82
10.99
12.53
10.08
9.18
9.39
9.85
29.52
9.85
11.41
16
20.27
Net margin%
10.01
10.05
8.24
10.92
9.50
7.27
5.08
7.97
6.40
5.51
24.81
6.40
8.11
62
9.353
P/E ratio (avg)x
15.00
14.27
13.11
13.00
14.01
15.91
16.70
18.17
19.01
18.74
32.91
18.17
15.46
38
11.80
EV/EBITx
23.79
24.43
27.54
30.14
31.59
32.96
36.52
40.03
42.97
41.78
7.865
40.03
32.27
6
22.75
FCF yield (avg)%
8.27
7.27
4.48
7.05
8.51
10.79
11.28
11.50
9.98
11.05
22.65
11.05
9.25
81
13.31
FCF margin%
13.52
12.60
11.77
11.51
10.40
9.17
10.00
11.56
9.20
7.02
8.51
9.20
10.95
91
1.056
FCF / Net incomex
0.289
0.315
0.370
0.384
0.410
0.433
0.501
0.481
0.531
0.574
1.670
0.501
0.422
77
11.07
ROIC%
12.56
13.88
15.45
18.04
19.81
20.12
20.22
19.26
16.93
15.95
4.03
19.26
17.49
70
23.38
Return on equity%
15.17
14.59
12.22
9.91
12.86
13.73
11.29
13.98
14.51
16.99
17.94
13.98
13.86
17
20.07
Return on assets%
29.58
27.01
29.48
29.77
30.79
29.01
26.91
25.79
25.54
23.10
27.50
25.79
28.01
17
1,126
EPSVND
488.75
520.65
496.79
546.73
528.50
509.52
573.85
603.64
662.80
651.00
1,171
4.26%
3.45%
—
23.10
EPS growth%
4.26
3.35
4.69
7.25
4.40
3.81
2.42
3.97
4.58
6.34
6.80
3.97
4.33
42
1,899
Bookvalue per shVND
364.58
334.60
341.93
307.11
317.70
305.83
277.21
287.70
322.89
326.51
1,432
0.55%
(2.16%)
—
1,339
FCF per shareVND
1,211
1,065
1,068
925.34
910.09
993.35
1,077
1,120
978.83
860.51
1,825
(1.11%)
(2.62%)
—
753.75
Dividend per shVND
1,504
1,720
1,731
2,090
2,044
2,157
2,291
2,243
2,388
2,637
546.36
5.22%
5.55%
—
24.75
Div yield (avg)%
7.83
7.25
8.63
8.87
9.29
9.97
8.90
11.69
8.82
9.11
13.17
9.11
8.88
57
3.55
Payout ratio%
13.56
13.24
12.45
15.38
16.72
13.74
15.22
17.50
19.65
21.99
16.36
17.50
15.30
42
244.8
Shares (diluted)M
452.9
496.3
573.0
604.0
586.0
571.4
680.2
767.7
785.4
865.2
243.1
8.10%
8.08%
28
17.27
Buyback yield%
5.61
4.04
5.26
4.23
2.11
1.47
3.75
5.07
6.14
4.43
23.54
4.43
4.33
48
1.335
D/E ratiox
0.095
0.082
0.079
0.070
0.066
0.072
0.064
0.061
0.063
0.056
1.366
0.063
0.068
36
864.4
Enterprise valueVND B
556.9
624.1
724.8
689.2
733.8
793.9
751.7
866.6
871.7
878.7
278.9
3.67%
4.73%
11
191.3
LT debtVND B
1,282
1,313
1,385
1,611
1,904
2,071
2,123
2,241
2,365
2,856
630.0
8.44%
8.82%
73
Revenue
VND 1.052T
2.47%
1.00×
Cost of revenue
VND 702.6B
2.75%
1.03×
Operating expenses
VND 132.7B
1.65%
0.92×
Property and equipment
15.74%
Spread over hurdle
62.18%