1,520
RevenueVND B
2,337
2,389
2,379
2,471
2,486
2,482
2,475
2,564
2,677
2,763
1,620
2.13%
1.81%
27
15.84
Revenue growth%
5.41
7.63
9.92
8.18
5.24
2.59
4.21
1.33
0.40
0.40
20.51
1.33
4.72
15
12.55
Gross margin%
30.76
32.99
33.09
32.93
32.11
33.05
33.17
35.53
34.03
33.57
10.87
33.57
33.07
57
24.68
Operating margin%
1.75
0.43
0.40
1.65
3.42
2.86
3.40
2.02
1.69
2.71
24.49
2.71
1.89
65
16.86
Net margin%
18.44
17.44
17.00
14.99
13.39
12.94
10.32
12.91
13.20
12.08
5.01
12.91
13.29
79
8.444
P/E ratio (avg)x
14.51
12.64
12.47
11.86
12.46
11.50
12.51
13.16
14.21
13.91
36.79
13.16
12.57
15
23.42
EV/EBITx
23.52
22.03
20.61
23.00
24.57
23.21
21.63
21.01
20.62
21.04
30.87
21.04
21.83
61
10.11
FCF yield (avg)%
2.30
1.59
0.40
0.40
2.59
0.40
1.51
0.40
2.46
3.59
15.29
1.51
1.55
87
2.37
FCF margin%
17.10
16.93
19.35
17.37
19.42
21.00
20.59
19.19
21.69
24.38
15.04
21.00
19.39
63
0.213
FCF / Net incomex
0.157
0.157
0.168
0.148
0.130
0.133
0.140
0.136
0.128
0.136
0.315
0.136
0.138
28
26.53
ROIC%
14.15
16.59
18.02
17.28
18.60
20.06
19.24
21.56
22.84
25.74
12.40
21.56
18.92
26
16.02
Return on equity%
3.59
6.26
8.59
9.32
8.43
7.42
5.35
6.69
5.15
5.65
7.25
5.65
6.48
63
20.79
Return on assets%
14.92
15.27
15.34
18.18
17.84
17.49
20.07
21.28
20.89
20.39
11.03
20.39
18.01
87
4,529
EPSVND
8,220
9,950
10,264
10,216
12,383
14,300
15,848
18,968
21,707
25,187
4,992
15.26%
13.81%
—
22.47
EPS growth%
27.94
28.23
31.10
33.78
34.41
32.67
35.57
32.65
35.55
38.28
23.32
35.55
33.23
86
5,584
Bookvalue per shVND
1,319
1,345
1,372
1,434
1,587
1,762
1,809
1,771
1,725
1,683
2,480
1.18%
2.04%
—
1,702
FCF per shareVND
2,794
2,516
2,201
2,090
1,871
1,589
1,385
1,309
1,336
1,265
4,386
(7.53%)
(7.30%)
—
1,352
Dividend per shVND
3,854
3,958
3,695
3,205
2,802
2,771
2,910
3,136
2,845
2,866
3,261
0.45%
(4.34%)
—
26.86
Div yield (avg)%
19.60
20.03
18.26
16.48
15.70
18.52
21.31
22.65
21.44
19.24
5.74
21.31
19.42
83
10.91
Payout ratio%
18.49
20.82
22.00
20.37
18.40
19.08
22.00
21.43
19.73
18.86
7.76
19.73
20.05
64
211.2
Shares (diluted)M
276.2
247.9
237.1
239.1
256.3
247.1
250.7
237.0
210.8
205.9
210.5
(4.28%)
(2.59%)
57
3.75
Buyback yield%
14.47
11.74
10.75
8.36
6.66
9.05
6.74
4.23
7.01
4.65
25.61
6.74
7.68
36
0.171
D/E ratiox
0.650
0.772
0.848
0.969
1.076
1.271
1.427
1.680
1.837
1.797
1.646
1.680
1.174
24
1,485
Enterprise valueVND B
699.1
674.3
748.4
759.7
722.8
693.0
777.3
793.7
828.9
873.4
2,164
3.86%
2.54%
11
1,653
LT debtVND B
1,084
1,169
1,064
1,090
1,005
1,060
1,070
978.6
985.2
978.4
766.8
(0.53%)
(1.66%)
64
Revenue
VND 2.763T
1.81%
1.00×
Cost of revenue
VND 1.880T
1.63%
0.98×
Operating expenses
VND 387.8B
2.60%
1.08×
Goodwill & intangibles
19.75%
Cash and investments
17.34%
Spread over hurdle
(0.68%)