Airports of Vietnam (HSTC:ACV) EBIT: ₫14,867,439 Mil (TTM As of Dec. 2025)


HSTC:ACV Airports Corp. of Vietnam HSTC:ACV
88 GF Score
Price ₫43,600.00
GF Value ₫106,861.29
Valuation Significantly Undervalued
! 1 Warning Sign
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What is Airports of Vietnam EBIT?

Airports of Vietnam HSTC:ACV -0.23% 88 EBIT is ₫14,867,439 Mil as of Dec. 2025. GuruFocus rates HSTC:ACV with a GF Score™ of 88/100 and a GF Value™ of ₫106,861.29 (Significantly Undervalued). The stock has 1 warning sign investors should review.

Airports of Vietnam's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2025 was ₫3,768,290 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was ₫14,867,439 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Airports of Vietnam's annualized ROC % for the quarter that ended in Dec. 2025 was 15.53%. Airports of Vietnam's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 24.87%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Airports of Vietnam's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 9.83%.


Airports of Vietnam  (HSTC:ACV) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Airports of Vietnam's annualized ROC % for the quarter that ended in Dec. 2025 is calculated as:

ROC % (Q: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2025 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=11863513.372 * ( 1 - 19.26% )/( (58296867.314 + 65073948.477)/ 2 )
=9578600.6965528/61685407.8955
=15.53 %

where

Invested Capital(Q: Sep. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=86152264.19 - 7833314.085 - ( 20022082.791 - max(0, 9228366.015 - 33607165.722+20022082.791))
=58296867.314

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=89955276.579 - 10261641.892 - ( 14619686.21 - max(0, 11311618.061 - 26706301.815+14619686.21))
=65073948.477

Note: The Operating Income data used here is four times the quarterly (Dec. 2025) data.

2. Joel Greenblatt's definition of Return on Capital:

Airports of Vietnam's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=15073158.264/( ( (48748143.152 + max(8356787.216, 0)) + (60158758.099 + max(3973156.499, 0)) )/ 2 )
=15073158.264/( ( 57104930.368 + 64131914.598 )/ 2 )
=15073158.264/60618422.483
=24.87 %

where Working Capital is:

Working Capital(Q: Sep. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(7636114.098 + 321546.182 + 9194978.885) - (7833314.085 + 0 + 962537.864)
=8356787.216

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(6782037.77 + 345238.093 + 7745923.838) - (10261641.892 + 0 + 638401.31)
=3973156.499

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2025) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Airports of Vietnam's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=14867439.098/151281256.366
=9.83 %

* 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.


Airports of Vietnam EBIT Related Terms


Airports of Vietnam EBIT Historical Data

* Premium members only.

The historical data trend for Airports of Vietnam's EBIT 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.

Airports of Vietnam EBIT Chart

Airports of Vietnam Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,079,077.96 8,944,921.59 10,558,994.98 14,336,124.16 14,769,257.24

Airports of Vietnam Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
EBIT 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 3,887,480.42 3,880,312.94 3,227,988.10 3,990,848.49 3,768,289.57

HSTC:ACV vs JOBY, CAAP: EBIT Comparison

For the Airports & Air Services subindustry, Airports of Vietnam's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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.


Airports of Vietnam EV-to-EBIT vs Transportation Industry

For the Transportation industry and Industrials sector, Airports of Vietnam's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Airports of Vietnam's EV-to-EBIT falls into.


HSTC:ACV
88GF Score
Airports Corp. of Vietnam HSTC:ACV
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Airports of Vietnam EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was ₫14,867,439 Mil.

* 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of ₫14,867,439 Mil mean?
Airports of Vietnam (HSTC:ACV) has a EBIT of ₫14,867,439 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Airports of Vietnam.
Is Airports of Vietnam's EBIT too high?
Airports of Vietnam's current EBIT is ₫14,867,439 Mil. Overall, Airports of Vietnam has a GF Score™ of 88/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Airports of Vietnam's EBIT compare to JOBY and CAAP?
Airports of Vietnam's EBIT of ₫14,867,439 Mil can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Transportation company?
A good EBIT depends on the Transportation industry context. However, EBIT 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 EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Airports of Vietnam. Airports of Vietnam's current EBIT is ₫14,867,439 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Airports of Vietnam stock overvalued right now?
Based on GuruFocus' analysis, Airports of Vietnam (HSTC:ACV) is currently considered Significantly Undervalued. The stock's GF Value™ is ₫106,861.29, compared to a current price of ₫43,600.00 — trading 59.2% below its estimated fair value. The current EBIT is ₫14,867,439 Mil. Airports of Vietnam's overall GF Score™ is 88/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Airports of Vietnam (HSTC:ACV), the current EBIT is ₫14,867,439 Mil as of Dec. 2025. 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 Airports of Vietnam (HSTC:ACV) Overvalued in 2026?

Based on GuruFocus' analysis, Airports of Vietnam stock appears to be undervalued. The current stock price of ₫43,600.00 is trading 59.2% below its estimated GF Value™ of ₫106,861.29. GuruFocus considers Airports of Vietnam to be Significantly Undervalued.

Key valuation signals for HSTC:ACV:

  • EBIT: ₫14,867,439 Mil
  • GF Value™: ₫106,861.29 vs. price of ₫43,600.00 (59.2% below fair value)
  • GF Score™: 88/100 with 1 warning sign

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


Airports of Vietnam Business Description

Address No. 58 Truong Son, Ward 2, Tan Binh District, Ho Chi Minh, VNM
Airports Corp. of Vietnam is engaged in managing international and domestic airports. The company is involved in investment, management of capital investments, direct manufacturing at airports, and aerodromes; Provision of services of aviation safety; Supply of technical services, science and technology services both domestic and offshore areas; and other related activities.
88GF Score

Get the complete analysis for HSTC:ACV

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

₫43,600.00
Price
₫106,861.29
GF Value