Saigon - Hanoi Securities JSC (HSTC:SHS) EBIT: ₫2,023,763 Mil (TTM As of Mar. 2026)


HSTC:SHS Saigon - Hanoi Securities JSC HSTC:SHS
77 GF Score
Price ₫18,800.00
GF Value ₫23,770.42
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Saigon - Hanoi Securities JSC EBIT?

Saigon - Hanoi Securities JSC HSTC:SHS 77 EBIT is ₫2,023,763 Mil as of Mar. 2026. GuruFocus rates HSTC:SHS with a GF Score™ of 77/100 and a GF Value™ of ₫23,770.42 (Modestly Undervalued). The stock has 7 warning signs investors should review.

Saigon - Hanoi Securities JSC's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ₫445,116 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ₫2,023,763 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Saigon - Hanoi Securities JSC's annualized ROC % for the quarter that ended in Mar. 2026 was 5.94%. Saigon - Hanoi Securities JSC's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 8,444.73%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Saigon - Hanoi Securities JSC's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 14.61%.


Saigon - Hanoi Securities JSC  (HSTC:SHS) EBIT Explanation

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

Saigon - Hanoi Securities 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 )
=701611.808 * ( 1 - 17.2% )/( (9555183.966 + 9993942.87)/ 2 )
=580934.577024/9774563.418
=5.94 %

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))
=23031886.182 - 776474.489 - ( 13715467.715 - max(0, 10232500.204 - 22932727.931+13715467.715))
=9555183.966

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))
=22367432.083 - 801456.119 - ( 11572033.094 - max(0, 9429801.996 - 22268838.644+11572033.094))
=9993942.87

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

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

Saigon - Hanoi Securities 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 )
=1780463.796/( ( (19762.993 + max(-491685.688, 0)) + (22404.485 + max(-424901.79, 0)) )/ 2 )
=1780463.796/( ( 19762.993 + 22404.485 )/ 2 )
=1780463.796/21083.739
=8,444.73 %

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)
=(80719.331 + 141.78 + 309953.405) - (776474.489 + 0 + 106025.715)
=-491685.688

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(162759.96 + 256.901 + 329883.345) - (801456.119 + 0 + 116345.877)
=-424901.79

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:

Saigon - Hanoi Securities JSC's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=2023763.497/13849856.642
=14.61 %

* 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.


Saigon - Hanoi Securities JSC EBIT Related Terms


Saigon - Hanoi Securities JSC EBIT Historical Data

* Premium members only.

The historical data trend for Saigon - Hanoi Securities 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.

Saigon - Hanoi Securities JSC EBIT Chart

Saigon - Hanoi Securities JSC 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 1,901,982.53 360,576.58 742,915.97 1,302,479.05 1,929,685.42

Saigon - Hanoi Securities 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 352,257.88 515,473.81 662,150.40 401,023.34 445,115.95

HSTC:SHS vs BLK, BX, KKR: EBIT Comparison

For the Asset Management subindustry, Saigon - Hanoi Securities 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.


Saigon - Hanoi Securities JSC EV-to-EBIT vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Saigon - Hanoi Securities JSC's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Saigon - Hanoi Securities JSC's EV-to-EBIT falls into.


HSTC:SHS
77GF Score
Saigon - Hanoi Securities JSC HSTC:SHS
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Saigon - Hanoi Securities 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 ₫2,023,763 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 ₫2,023,763 Mil mean?
Saigon - Hanoi Securities JSC (HSTC:SHS) has a EBIT of ₫2,023,763 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Saigon - Hanoi Securities JSC.
Is Saigon - Hanoi Securities JSC's EBIT too high?
Saigon - Hanoi Securities JSC's current EBIT is ₫2,023,763 Mil. Overall, Saigon - Hanoi Securities JSC has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Saigon - Hanoi Securities JSC's EBIT compare to BLK and BX?
Saigon - Hanoi Securities JSC's EBIT of ₫2,023,763 Mil can be compared against companies in the Asset Management 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 an Asset Management company?
A good EBIT depends on the Asset Management 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 Saigon - Hanoi Securities JSC. Saigon - Hanoi Securities JSC's current EBIT is ₫2,023,763 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Saigon - Hanoi Securities JSC stock overvalued right now?
Based on GuruFocus' analysis, Saigon - Hanoi Securities JSC (HSTC:SHS) is currently considered Modestly Undervalued. The stock's GF Value™ is ₫23,770.42, compared to a current price of ₫18,800.00 — trading 20.9% below its estimated fair value. The current EBIT is ₫2,023,763 Mil. Saigon - Hanoi Securities JSC's overall GF Score™ is 77/100 with 7 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 Saigon - Hanoi Securities JSC (HSTC:SHS), the current EBIT is ₫2,023,763 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 Saigon - Hanoi Securities JSC (HSTC:SHS) Overvalued in 2026?

Based on GuruFocus' analysis, Saigon - Hanoi Securities JSC stock appears to be undervalued. The current stock price of ₫18,800.00 is trading 20.9% below its estimated GF Value™ of ₫23,770.42. GuruFocus considers Saigon - Hanoi Securities JSC to be Modestly Undervalued.

Key valuation signals for HSTC:SHS:

  • EBIT: ₫2,023,763 Mil
  • GF Value™: ₫23,770.42 vs. price of ₫18,800.00 (20.9% below fair value)
  • GF Score™: 77/100 with 7 warning signs

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


Saigon - Hanoi Securities JSC Business Description

Address Dao Duy Anh Building, 1st Floor, Dong Da, Hanoi, VNM
Saigon - Hanoi Securities JSC is engaged in the trading of securities and the offering of investment services.
77GF Score

Get the complete analysis for HSTC:SHS

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

₫18,800.00
Price
₫23,770.42
GF Value