Viet Nam Ocean Shipping JSC (STC:VOS) Debt-to-EBITDA : 2.27 (As of Mar. 2026) — 48% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

STC:VOS Viet Nam Ocean Shipping JSC STC:VOS
80 GF Score
Price ₫11,850.00
GF Value ₫12,749.31
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Viet Nam Ocean Shipping JSC Debt-to-EBITDA?

Viet Nam Ocean Shipping JSC STC:VOS 80 Debt-to-EBITDA is 2.27 as of Mar. 2026, which is 48% below its 10-year median of 4.40. GuruFocus rates STC:VOS with a GF Score™ of 80/100 and a GF Value™ of ₫12,749.31 (Fairly Valued). The stock has 4 warning signs investors should review. Among 868 Transportation companies, Viet Nam Ocean Shipping JSC ranks better than 79.15% on this metric.

Debt-to-EBITDA measures a company's ability to pay off its debt.

Viet Nam Ocean Shipping JSC's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ₫215,236 Mil. Viet Nam Ocean Shipping JSC's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ₫596,192 Mil. Viet Nam Ocean Shipping JSC's annualized EBITDA for the quarter that ended in Mar. 2026 was ₫357,742 Mil. Viet Nam Ocean Shipping JSC's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 2.27.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Viet Nam Ocean Shipping JSC's Debt-to-EBITDA or its related term are showing as below:

STC:VOS' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.67   Med: 4.4   Max: 15.28
Current: 1.03

During the past 13 years, the highest Debt-to-EBITDA Ratio of Viet Nam Ocean Shipping JSC was 15.28. The lowest was 0.67. And the median was 4.40.

STC:VOS's Debt-to-EBITDA is ranked better than
79.15% of 868 companies
in the Transportation industry
Industry Median: 2.64 vs STC:VOS: 1.03

Viet Nam Ocean Shipping JSC  (STC:VOS) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Viet Nam Ocean Shipping JSC Debt-to-EBITDA Related Terms


Viet Nam Ocean Shipping JSC Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Viet Nam Ocean Shipping JSC's Debt-to-EBITDA 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.

Viet Nam Ocean Shipping JSC Debt-to-EBITDA Chart

Viet Nam Ocean Shipping JSC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.67 0.00 0.00 0.00 1.03

Viet Nam Ocean Shipping JSC Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-EBITDA 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 1.34 1.50 0.92 0.52 2.27

Viet Nam Ocean Shipping JSC Debt-to-EBITDA Competitor Comparison

For the Marine Shipping subindustry, Viet Nam Ocean Shipping JSC's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Viet Nam Ocean Shipping JSC Debt-to-EBITDA vs Transportation Industry

For the Transportation industry and Industrials sector, Viet Nam Ocean Shipping JSC's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Viet Nam Ocean Shipping JSC's Debt-to-EBITDA falls into.


STC:VOS
80GF Score
Viet Nam Ocean Shipping JSC STC:VOS
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Viet Nam Ocean Shipping JSC Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Viet Nam Ocean Shipping JSC's Debt-to-EBITDA for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(134448.078 + 624437.294) / 739987.141
=1.03

Viet Nam Ocean Shipping JSC's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(215236.231 + 596191.73) / 357742.284
=2.27

* 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.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 2.27 mean?
Viet Nam Ocean Shipping JSC (STC:VOS) has a Debt-to-EBITDA of 2.27 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Viet Nam Ocean Shipping JSC. This is 48% below median its historical median of 4.40. Over the past decade, Viet Nam Ocean Shipping JSC's Debt-to-EBITDA has ranged from 0.67 to 15.28. According to the industry distribution chart, Viet Nam Ocean Shipping JSC ranks #181 out of 868 companies in the Transportation industry, placing it in the top 20.9%.
Is Viet Nam Ocean Shipping JSC's Debt-to-EBITDA too high?
Viet Nam Ocean Shipping JSC's current Debt-to-EBITDA of 2.27 is 48% below median its 10-year median of 4.40. Over the past 10 years, this metric has ranged from a low of 0.67 to a high of 15.28. The Transportation industry median Debt-to-EBITDA is 2.64. Viet Nam Ocean Shipping JSC's value of 2.27 is 14% below this industry median. Based on the distribution chart, Viet Nam Ocean Shipping JSC ranks #181 out of 868 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Viet Nam Ocean Shipping JSC has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Viet Nam Ocean Shipping JSC's Debt-to-EBITDA compare to competitors?
According to the Transportation industry distribution chart, Viet Nam Ocean Shipping JSC ranks #181 out of 868 companies for Debt-to-EBITDA. This places Viet Nam Ocean Shipping JSC in the top 21% of its industry — outperforming the majority of peers. The industry median Debt-to-EBITDA is 2.64. Viet Nam Ocean Shipping JSC's value of 2.27 is 14% below this benchmark. Historically, Viet Nam Ocean Shipping JSC's own Debt-to-EBITDA has ranged from 0.67 to 15.28 over the past decade. While the company's 10-year median is 4.40 vs. the industry median of 2.64, Viet Nam Ocean Shipping JSC has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Transportation company?
The median Debt-to-EBITDA among Transportation companies is 2.64, based on 868 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Viet Nam Ocean Shipping JSC's current Debt-to-EBITDA of 2.27 is 14% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Viet Nam Ocean Shipping JSC. For the Transportation industry, the median Debt-to-EBITDA is 2.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Viet Nam Ocean Shipping JSC's current Debt-to-EBITDA is 2.27, which is 48% below median its own 10-year median of 4.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Viet Nam Ocean Shipping JSC stock overvalued right now?
Based on GuruFocus' analysis, Viet Nam Ocean Shipping JSC (STC:VOS) is currently considered Fairly Valued. The stock's GF Value™ is ₫12,749.31, compared to a current price of ₫11,850.00 — trading 7.1% below its estimated fair value. The current Debt-to-EBITDA is 2.27, which is 48% below median its 10-year median of 4.40 and 14% below the Transportation industry median of 2.64. Viet Nam Ocean Shipping JSC's overall GF Score™ is 80/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Viet Nam Ocean Shipping JSC (STC:VOS), the current Debt-to-EBITDA is 2.27 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 Viet Nam Ocean Shipping JSC (STC:VOS) Overvalued in 2026?

Based on GuruFocus' analysis, Viet Nam Ocean Shipping JSC stock appears to be undervalued. The current stock price of ₫11,850.00 is trading 7.1% below its estimated GF Value™ of ₫12,749.31. GuruFocus considers Viet Nam Ocean Shipping JSC to be Fairly Valued.

Key valuation signals for STC:VOS:

  • Debt-to-EBITDA: 2.27 (48% below median its 10-year median of 4.40)
  • GF Value™: ₫12,749.31 vs. price of ₫11,850.00 (7.1% below fair value)
  • GF Score™: 80/100 with 4 warning signs
  • Industry Position: 14% below the Transportation median (#181 of 868)

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


Viet Nam Ocean Shipping JSC Business Description

Address No. 215 Lach Tray Street, Dang Giang, Ngo Quyen, Hai Phong, VNM
Viet Nam Ocean Shipping JSC is a Vietnam based company engaged in the shipping business. It offers marine freight transportation services. The services offered by the entity include trading water transportation, dry goods transportation, product tankers, container transportation, shipping agency and others. The company has a diverse fleet of modern ships comprising general cargo, bulk carriers, product tankers and container vessels trading.
80GF Score

Get the complete analysis for STC:VOS

Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₫11,850.00
Price
₫12,749.31
GF Value