VietinBank Securities JSC (STC:CTS) EBIT: ₫977,323 Mil (TTM As of Jun. 2026)

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:CTS VietinBank Securities JSC STC:CTS
77 GF Score
Price ₫21,750.00
GF Value ₫21,678.52
Valuation Fairly Valued
! 8 Warning Signs
View Full Analysis

What is VietinBank Securities JSC EBIT?

VietinBank Securities JSC STC:CTS -0.46% 77 EBIT is ₫977,323 Mil as of Jun. 2026. GuruFocus rates STC:CTS with a GF Score™ of 77/100 and a GF Value™ of ₫21,678.52 (Fairly Valued). The stock has 8 warning signs investors should review.

VietinBank Securities JSC's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2026 was ₫176,893 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2026 was ₫977,323 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. VietinBank Securities JSC's annualized ROC % for the quarter that ended in Jun. 2026 was -0.89%. VietinBank Securities JSC's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 3,991.20%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. VietinBank Securities JSC's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 15.53%.


VietinBank Securities JSC  (STC:CTS) EBIT Explanation

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

VietinBank Securities JSC's annualized ROC % for the quarter that ended in Jun. 2026 is calculated as:

ROC % (Q: Jun. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2026 ) + Invested Capital (Q: Jun. 2026 ))/ count )
=-96633.512 * ( 1 - 17.48% )/( (9502442.278 + 8431043.997)/ 2 )
=-79741.9741024/8966743.1375
=-0.89 %

where

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))
=13354227.909 - 1022669.295 - ( 7613886.072 - max(0, 10427133.942 - 13256250.278+7613886.072))
=9502442.278

Invested Capital(Q: Jun. 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))
=12247526.021 - 1044526.853 - ( 6657430.174 - max(0, 9378106.948 - 12150062.119+6657430.174))
=8431043.997

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

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

VietinBank Securities JSC's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2026  Q: Jun. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=707571.46/( ( (18454.951 + max(-824387.474, 0)) + (17001.6 + max(-906654.286, 0)) )/ 2 )
=707571.46/( ( 18454.951 + 17001.6 )/ 2 )
=707571.46/17728.2755
=3,991.20 %

where Working Capital is:

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(198266.452 + 77.978 + 8969.319000002) - (1022669.295 + 0 + 9031.9279999994)
=-824387.474

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(161878.496 + 8.396 + 6571.3970000017) - (1044526.853 + 0 + 30585.722000001)
=-906654.286

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2026 )
=977322.689/6292915.820
=15.53 %

* 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.


VietinBank Securities JSC EBIT Related Terms


VietinBank Securities JSC EBIT Historical Data

* Premium members only.

The historical data trend for VietinBank 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.

VietinBank Securities JSC EBIT Chart

VietinBank Securities JSC Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial 618,907.31 278,769.79 537,950.03 538,706.49 1,088,854.66

VietinBank Securities JSC Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 305,113.74 432,396.71 145,725.62 222,307.49 176,892.87

STC:CTS vs MS, GS, SCHW: EBIT Comparison

For the Capital Markets subindustry, VietinBank 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.


VietinBank Securities JSC EV-to-EBIT vs Capital Markets Industry

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

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


STC:CTS
77GF Score
VietinBank Securities JSC STC:CTS
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

VietinBank 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 Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₫977,323 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 ₫977,323 Mil mean?
VietinBank Securities JSC (STC:CTS) has a EBIT of ₫977,323 Mil as of Jun. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on VietinBank Securities JSC.
Is VietinBank Securities JSC's EBIT too high?
VietinBank Securities JSC's current EBIT is ₫977,323 Mil. Overall, VietinBank Securities JSC has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does VietinBank Securities JSC's EBIT compare to MS and GS?
VietinBank Securities JSC's EBIT of ₫977,323 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 VietinBank Securities JSC. VietinBank Securities JSC's current EBIT is ₫977,323 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VietinBank Securities JSC stock overvalued right now?
Based on GuruFocus' analysis, VietinBank Securities JSC (STC:CTS) is currently considered Fairly Valued. The stock's GF Value™ is ₫21,678.52, compared to a current price of ₫21,750.00 — trading 0.3% above its estimated fair value. The current EBIT is ₫977,323 Mil. VietinBank Securities JSC's overall GF Score™ is 77/100 with 8 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 VietinBank Securities JSC (STC:CTS), the current EBIT is ₫977,323 Mil as of Jun. 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 VietinBank Securities JSC (STC:CTS) Overvalued in 2026?

Based on GuruFocus' analysis, VietinBank Securities JSC stock appears to be overvalued. The current stock price of ₫21,750.00 is trading 0.3% above its estimated GF Value™ of ₫21,678.52. GuruFocus considers VietinBank Securities JSC to be Fairly Valued.

Key valuation signals for STC:CTS:

  • EBIT: ₫977,323 Mil
  • GF Value™: ₫21,678.52 vs. price of ₫21,750.00 (0.3% above fair value)
  • GF Score™: 77/100 with 8 warning signs

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


VietinBank Securities JSC Business Description

Address Diplomatic Corps Area, Floor 1st to 4th, Building N02-T2, Xuan Dinh Ward, Ha Noi, VNM
VietinBank Securities JSC is engaged in the provision of securities brokerage services, proprietary trading, securities investment advisory services, financial consultancy, underwriting securities, securities depository, and other services in accordance with laws and regulations applicable to securities companies. The company's operating business segments are: Brokerage and services, Proprietary trading, Underwriting, and Consultancy. Maximum revenue is generated from the Proprietary trading segment. Geographically, the company operates only in Vietnam.
77GF Score

Get the complete analysis for STC:CTS

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

₫21,750.00
Price
₫21,678.52
GF Value