IPA Investment Group JSC (HSTC:IPA) EBIT: ₫1,035,659 Mil (TTM As of Mar. 2026)

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HSTC:IPA IPA Investment Group JSC HSTC:IPA
85 GF Score
Price ₫15,200.00
GF Value ₫23,275.23
Valuation Possible Value Trap
! 5 Warning Signs
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What is IPA Investment Group JSC EBIT?

IPA Investment Group JSC HSTC:IPA 85 EBIT is ₫1,035,659 Mil as of Mar. 2026. GuruFocus rates HSTC:IPA with a GF Score™ of 85/100 and a GF Value™ of ₫23,275.23 (Possible Value Trap). The stock has 5 warning signs investors should review.

IPA Investment Group JSC's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ₫234,089 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ₫1,035,659 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. IPA Investment Group JSC's annualized ROC % for the quarter that ended in Mar. 2026 was 0.93%. IPA Investment Group JSC's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 137.67%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. IPA Investment Group JSC's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 15.20%.


IPA Investment Group JSC  (HSTC:IPA) EBIT Explanation

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

IPA Investment Group JSC's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=89536.252 * ( 1 - 3.99% )/( (9259696.171 + 9251578.1)/ 2 )
=85963.7555452/9255637.1355
=0.93 %

where

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))
=11233261.025 - 214470.311 - ( 1759094.543 - max(0, 610011.038 - 2753296.839+1759094.543))
=9259696.171

Invested Capital(Q: Mar. 2026 )
=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))
=10823630.728 - 40467.384 - ( 2043352.043 - max(0, 721024.132 - 2252609.376+2043352.043))
=9251578.1

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

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

IPA Investment Group JSC's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=936357.3/( ( (629953.332 + max(-42501.416, 0)) + (730290.509 + max(-218416.705, 0)) )/ 2 )
=936357.3/( ( 629953.332 + 730290.509 )/ 2 )
=936357.3/680121.9205
=137.67 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(129034.231 + 32115.557 + 59927.91) - (214470.311 + 0 + 49108.803)
=-42501.416

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(46779.214 + 51042.994 + 63070.308) - (40467.384 + 0 + 338841.837)
=-218416.705

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

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

IPA Investment Group JSC's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=1035659.084/6812368.278
=15.20 %

* 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.


IPA Investment Group JSC EBIT Related Terms


IPA Investment Group JSC EBIT Historical Data

* Premium members only.

The historical data trend for IPA Investment Group JSC'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.

IPA Investment Group JSC EBIT Chart

IPA Investment Group JSC Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial 2,020,496.75 546,965.27 774,377.23 890,168.18 907,970.69

IPA Investment Group JSC Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 112,723.43 221,170.44 400,256.98 180,142.34 234,089.33

HSTC:IPA vs MS, GS, SCHW: EBIT Comparison

For the Capital Markets subindustry, IPA Investment Group JSC'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.


IPA Investment Group JSC EV-to-EBIT vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, IPA Investment Group JSC's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where IPA Investment Group JSC's EV-to-EBIT falls into.


HSTC:IPA
85GF Score
IPA Investment Group JSC HSTC:IPA
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

IPA Investment Group JSC 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 Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₫1,035,659 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 ₫1,035,659 Mil mean?
IPA Investment Group JSC (HSTC:IPA) has a EBIT of ₫1,035,659 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on IPA Investment Group JSC.
Is IPA Investment Group JSC's EBIT too high?
IPA Investment Group JSC's current EBIT is ₫1,035,659 Mil. Overall, IPA Investment Group JSC has a GF Score™ of 85/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does IPA Investment Group JSC's EBIT compare to MS and GS?
IPA Investment Group JSC's EBIT of ₫1,035,659 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 EBIT for a Capital Markets company?
A good EBIT depends on the Capital Markets 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 IPA Investment Group JSC. IPA Investment Group JSC's current EBIT is ₫1,035,659 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IPA Investment Group JSC stock overvalued right now?
Based on GuruFocus' analysis, IPA Investment Group JSC (HSTC:IPA) is currently considered Possible Value Trap. The stock's GF Value™ is ₫23,275.23, compared to a current price of ₫15,200.00 — trading 34.7% below its estimated fair value. The current EBIT is ₫1,035,659 Mil. IPA Investment Group JSC's overall GF Score™ is 85/100 with 5 warning signs 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 IPA Investment Group JSC (HSTC:IPA), the current EBIT is ₫1,035,659 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 IPA Investment Group JSC (HSTC:IPA) Overvalued in 2026?

Based on GuruFocus' analysis, IPA Investment Group JSC stock appears to be undervalued. The current stock price of ₫15,200.00 is trading 34.7% below its estimated GF Value™ of ₫23,275.23. GuruFocus considers IPA Investment Group JSC to be Possible Value Trap.

Key valuation signals for HSTC:IPA:

  • EBIT: ₫1,035,659 Mil
  • GF Value™: ₫23,275.23 vs. price of ₫15,200.00 (34.7% below fair value)
  • GF Score™: 85/100 with 5 warning signs

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


IPA Investment Group JSC Business Description

Address Nguyen Thuong Hien, No. 1, Hai Ba Trung Ward, Hanoi, VNM
IPA Investment Group JSC is a multi-sector investment group building and operating a business ecosystem under the Capability Bank model. It operates diversified business lines directly and/or through subsidiaries, associated companies, and enterprises within the IPA Group ecosystem in Vietnam. The Group's operating business segments are: Financial Services, Investment, Commercial electricity production, Business solutions, F&B, and Others: other services, real estate, goods, etc. The majority of its revenue is derived from its Business solutions and Commercial electricity production segments. These segments offer technology and digital solutions to businesses and engage in construction investment, power facilities development, and the trading of commercial electricity.
85GF Score

Get the complete analysis for HSTC:IPA

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

₫15,200.00
Price
₫23,275.23
GF Value