Vndirect Securities (STC:VND) Construction In Progress: ₫2,187 Mil (As of Mar. 2026)


STC:VND Vndirect Securities Corp STC:VND
91 GF Score
Price ₫17,600.00
GF Value ₫20,142.65
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Vndirect Securities Construction In Progress?

Vndirect Securities STC:VND +1.44% 91 Construction In Progress is ₫2,187 Mil as of Mar. 2026. GuruFocus rates STC:VND with a GF Score™ of 91/100 and a GF Value™ of ₫20,142.65 (Modestly Undervalued). The stock has 4 warning signs investors should review.

Vndirect Securities's quarterly construction in progress declined from Sep. 2025 (₫2,986 Mil) to Dec. 2025 (₫1,239 Mil) but then increased from Dec. 2025 (₫1,239 Mil) to Mar. 2026 (₫2,187 Mil).

Vndirect Securities's annual construction in progress increased from Dec. 2023 (₫2,547 Mil) to Dec. 2024 (₫3,181 Mil) but then declined from Dec. 2024 (₫3,181 Mil) to Dec. 2025 (₫1,239 Mil).

Vndirect Securities Construction In Progress Historical Data

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The historical data trend for Vndirect Securities's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Vndirect Securities Construction In Progress Chart

Vndirect Securities Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,490.92 8,946.50 2,546.87 3,180.79 1,238.83

Vndirect Securities Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Construction In Progress Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 14,129.92 3,540.79 2,986.33 1,238.83 2,186.95
STC:VND
91GF Score
Vndirect Securities Corp STC:VND
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Vndirect Securities Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

What does a Construction In Progress of ₫2,187 Mil mean?
Vndirect Securities (STC:VND) has a Construction In Progress of ₫2,187 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Vndirect Securities and its competitors.
Is Vndirect Securities' Construction In Progress too high?
Vndirect Securities' current Construction In Progress is ₫2,187 Mil. Overall, Vndirect Securities has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vndirect Securities' Construction In Progress compare to MS and GS?
Vndirect Securities' Construction In Progress of ₫2,187 Mil can be compared against companies in the Capital Markets industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Construction In Progress for a Capital Markets company?
A good Construction In Progress depends on the Capital Markets industry context. However, Construction In Progress should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Construction In Progress mean?
A high Construction In Progress can signal that a stock is expensive relative to its fundamentals. Construction in Progress records the amount of construction work that is not complete. View historical data on Vndirect Securities and its competitors. Vndirect Securities's current Construction In Progress is ₫2,187 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vndirect Securities stock overvalued right now?
Based on GuruFocus' analysis, Vndirect Securities (STC:VND) is currently considered Modestly Undervalued. The stock's GF Value™ is ₫20,142.65, compared to a current price of ₫17,600.00 — trading 12.6% below its estimated fair value. The current Construction In Progress is ₫2,187 Mil. Vndirect Securities' overall GF Score™ is 91/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Construction In Progress calculated?
Construction In Progress is calculated from a company's financial statements. For Vndirect Securities (STC:VND), the current Construction In Progress is ₫2,187 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Vndirect Securities (STC:VND) Overvalued in 2026?

Based on GuruFocus' analysis, Vndirect Securities stock appears to be undervalued. The current stock price of ₫17,600.00 is trading 12.6% below its estimated GF Value™ of ₫20,142.65. GuruFocus considers Vndirect Securities to be Modestly Undervalued.

Key valuation signals for STC:VND:

  • Construction In Progress: ₫2,187 Mil
  • GF Value™: ₫20,142.65 vs. price of ₫17,600.00 (12.6% below fair value)
  • GF Score™: 91/100 with 4 warning signs

No single metric tells the full story. See the STC:VND stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Vndirect Securities Business Description

Address 1 Nguyen Thuong Hien Street, Hai Ba Trung District, Hanoi, VNM
Vndirect Securities Corp is engaged in the brokerage business. The company provides corporate finance consulting, self-trading, underwriting, and portfolio management.
91GF Score

Get the complete analysis for STC:VND

Construction In Progress is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₫17,600.00
Price
₫20,142.65
GF Value