Viet First Securities (HSTC:VFS) EBIT: ₫379,376 Mil (TTM As of Mar. 2026)


HSTC:VFS Viet First Securities Corp. HSTC:VFS
36 GF Score
Price ₫10,400.00
! 1 Warning Sign
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What is Viet First Securities EBIT?

Viet First Securities HSTC:VFS -2.80% 36 EBIT is ₫379,376 Mil as of Mar. 2026. GuruFocus rates HSTC:VFS with a GF Score™ of 36/100. The stock has 1 warning sign investors should review.

Viet First Securities's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ₫75,638 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ₫379,376 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Viet First Securities's annualized ROC % for the quarter that ended in Mar. 2026 was 7.12%. Viet First Securities's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 460.05%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Viet First Securities's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 15.63%.

Viet First Securities  (HSTC:VFS) EBIT Explanation

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

Viet First Securities'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 )
=302468.152 * ( 1 - 20.05% )/( (3742139.047 + 3046314.444)/ 2 )
=241823.287524/3394226.7455
=7.12 %

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))
=4663696.867 - 14761.947 - ( 2063383.266 - max(0, 2921038.986 - 3827834.859+2063383.266))
=3742139.047

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))
=4191922.081 - 12462.856 - ( 1564757.319 - max(0, 2420614.43 - 3553759.211+1564757.319))
=3046314.444

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

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

Viet First Securities'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 )
=302551.596/( ( (4966.023 + max(65451.086000001, 0)) + (4611.61 + max(56500.703, 0)) )/ 2 )
=302551.596/( ( 70417.109000001 + 61112.313 )/ 2 )
=302551.596/65764.711
=460.05 %

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)
=(88233.99 + 0 + 8793.0820000004) - (14761.947 + 0 + 16814.039)
=65451.086000001

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(74943.375 + 0 + 11019.342) - (12462.856 + 0 + 16999.158)
=56500.703

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:

Viet First Securities's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=379375.529/2427622.631
=15.63 %

* 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 First Securities EBIT Related Terms

Viet First Securities EBIT Historical Data

* Premium members only.

The historical data trend for Viet First Securities'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.

Viet First Securities EBIT Chart

Viet First Securities Annual Data
Trend Dec23 Dec24 Dec25
EBIT
108,553.65 199,618.45 372,043.88

Viet First Securities Quarterly Data
Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only 68,306.25 85,064.98 106,184.58 112,488.08 75,637.90

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

For the Capital Markets subindustry, Viet First Securities'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.

Viet First Securities EV-to-EBIT vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Viet First Securities's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Viet First Securities's EV-to-EBIT falls into.


HSTC:VFS
36GF Score
Viet First Securities Corp. HSTC:VFS
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Viet First Securities 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 ₫379,376 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 ₫379,376 Mil mean?
Viet First Securities (HSTC:VFS) has a EBIT of ₫379,376 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Viet First Securities.
Is Viet First Securities' EBIT too high?
Viet First Securities' current EBIT is ₫379,376 Mil. Overall, Viet First Securities has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does Viet First Securities' EBIT compare to MS and GS?
Viet First Securities' EBIT of ₫379,376 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 Viet First Securities. Viet First Securities's current EBIT is ₫379,376 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Viet First Securities stock overvalued right now?
Viet First Securities (HSTC:VFS) has a current EBIT of ₫379,376 Mil. The current EBIT is ₫379,376 Mil. Viet First Securities' overall GF Score™ is 36/100 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 Viet First Securities (HSTC:VFS), the current EBIT is ₫379,376 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.

Viet First Securities Business Description

Address No. 117-119-121 Nguyen Du, Ben Thanh Ward, District I, 1st Floor, Ho Chi Minh, VNM
Viet First Securities Corp. is engaged in providing various financial services such as stock brokerage, securities investment consulting, self-trading in securities, securities depository, and underwriting securities.
36GF Score

Get the complete analysis for HSTC:VFS

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

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