354.7
RevenueVND B
285.9
298.4
301.9
303.1
308.9
312.7
316.7
316.7
320.7
332.4
374.0
1.48%
1.69%
15
8.42
Revenue growth%
1.14
0.40
0.40
0.79
0.40
0.40
0.40
0.40
0.40
0.84
14.78
0.40
0.40
34
13.11
Gross margin%
26.08
25.86
28.34
30.04
31.18
31.38
29.80
32.66
32.52
35.32
27.11
32.52
30.61
83
11.64
Operating margin%
28.02
26.31
27.00
28.08
28.01
27.09
27.17
28.29
26.29
27.23
3.68
27.17
27.20
65
28.22
Net margin%
14.76
15.18
14.01
15.47
14.86
14.52
11.99
10.62
7.77
5.33
25.11
10.62
14.26
22
32.49
P/E ratio (avg)x
18.69
20.31
22.15
26.74
27.18
28.68
29.40
29.85
34.64
34.43
26.04
29.85
27.93
58
26.60
EV/EBITx
32.30
34.43
35.78
41.01
44.45
48.02
44.74
41.30
45.28
51.41
29.60
45.28
42.88
92
3.99
FCF yield (avg)%
19.13
20.83
18.01
16.45
13.47
15.82
17.99
16.41
18.71
21.41
23.59
17.99
18.00
37
23.84
FCF margin%
24.48
27.30
28.53
27.79
29.16
28.87
27.11
27.94
26.52
24.25
14.09
27.11
27.55
53
1.088
FCF / Net incomex
1.647
1.799
1.786
1.916
2.086
2.296
2.070
2.131
1.928
1.899
0.221
2.070
1.922
92
18.50
ROIC%
8.43
5.72
3.61
3.70
2.28
0.71
0.40
1.61
1.59
3.62
21.34
1.59
2.94
49
3.89
Return on equity%
18.27
18.65
16.90
15.67
18.39
17.04
19.22
21.02
21.56
20.94
28.26
20.94
18.52
94
12.76
Return on assets%
25.29
25.30
24.10
22.28
19.48
21.51
22.18
20.58
21.09
18.48
28.90
21.09
21.85
58
1,441
EPSVND
1,111
1,328
1,504
1,519
1,719
1,947
2,210
2,348
2,285
2,499
1,535
7.77%
8.17%
—
25.32
EPS growth%
28.25
27.65
30.24
29.92
30.23
31.07
32.01
31.30
33.79
36.09
21.59
32.01
30.65
20
1,240
Bookvalue per shVND
2,371
2,446
2,871
3,339
3,785
4,043
4,250
4,260
4,878
5,883
2,062
9.22%
9.48%
—
2,522
FCF per shareVND
1,243
1,228
1,169
1,345
1,524
1,627
1,619
1,794
1,783
1,844
1,271
3.89%
5.11%
—
964.18
Dividend per shVND
1,184
1,326
1,316
1,525
1,607
1,933
2,134
2,305
2,458
2,944
1,127
12.87%
10.82%
—
20.83
Div yield (avg)%
2.24
0.40
0.40
1.18
1.96
2.24
3.05
2.14
4.16
6.71
12.68
3.05
2.19
72
16.78
Payout ratio%
6.64
8.50
9.46
8.27
6.64
5.00
4.94
2.85
4.99
7.47
25.36
4.99
6.64
19
108.2
Shares (diluted)M
96.60
88.29
83.17
89.43
81.06
86.38
77.41
85.49
92.55
87.42
104.3
1.52%
(1.39%)
52
27.94
Buyback yield%
7.40
5.45
7.65
5.56
7.94
8.23
8.27
11.12
9.78
8.78
12.40
8.78
8.09
35
1.321
D/E ratiox
0.774
0.784
0.806
0.816
0.746
0.686
0.614
0.526
0.523
0.460
0.421
0.526
0.716
75
301.0
Enterprise valueVND B
189.1
173.3
161.3
172.6
176.8
156.1
167.6
145.8
157.1
161.9
96.30
(1.75%)
(2.45%)
49
104.6
LT debtVND B
208.9
251.6
259.6
253.4
271.7
273.1
286.2
342.4
400.1
411.1
254.4
8.63%
8.30%
89
Revenue
VND 332.4B
1.69%
1.00×
Cost of revenue
VND 215.0B
1.89%
1.02×
Operating expenses
VND 79.94B
1.37%
0.97×
Goodwill & intangibles
20.13%
Spread over hurdle
(8.02%)