Thien Viet Securities JSC (STC:TVS) EBIT: ₫540,644 Mil (TTM As of Mar. 2026)


STC:TVS Thien Viet Securities JSC STC:TVS
72 GF Score
Price ₫14,750.00
GF Value ₫12,462.08
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Thien Viet Securities JSC EBIT?

Thien Viet Securities JSC STC:TVS 72 EBIT is ₫540,644 Mil as of Mar. 2026. GuruFocus rates STC:TVS with a GF Score™ of 72/100 and a GF Value™ of ₫12,462.08 (Modestly Overvalued). The stock has 4 warning signs investors should review.

Thien Viet Securities JSC's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ₫65,520 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ₫540,644 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Thien Viet Securities JSC's annualized ROC % for the quarter that ended in Mar. 2026 was 0.89%. Thien Viet Securities JSC's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 294.04%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Thien Viet Securities JSC's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 30.94%.


Thien Viet Securities JSC  (STC:TVS) EBIT Explanation

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

Thien Viet 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 )
=200808.036 * ( 1 - 81.24% )/( (4746748.175 + 3676537.324)/ 2 )
=37671.5875536/4211642.7495
=0.89 %

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))
=7641043.979 - 101945.816 - ( 6443713.483 - max(0, 4384087.185 - 7176437.173+6443713.483))
=4746748.175

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))
=6066580.164 - 87822.579 - ( 4552817.129 - max(0, 2784335.098 - 5086555.359+4552817.129))
=3676537.324

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

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

Thien Viet 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 )
=262078.348/( ( (8346.108 + max(107228.708, 0)) + (8745.359 + max(53939.114, 0)) )/ 2 )
=262078.348/( ( 115574.816 + 62684.473 )/ 2 )
=262078.348/89129.6445
=294.04 %

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)
=(272213.668 + 23.059 + 9207.0360000003) - (101945.816 + 0 + 72269.239)
=107228.708

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(174409.347 + 335.319 + 11952.099) - (87822.579 + 0 + 44935.072)
=53939.114

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=540643.525/1747383.615
=30.94 %

* 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.


Thien Viet Securities JSC EBIT Related Terms


Thien Viet Securities JSC EBIT Historical Data

* Premium members only.

The historical data trend for Thien Viet 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.

Thien Viet Securities JSC EBIT Chart

Thien Viet Securities JSC Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial 733,773.11 232,121.86 516,778.64 521,364.55 573,413.85

Thien Viet 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 98,289.91 115,879.84 283,877.07 75,367.03 65,519.59

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

For the Capital Markets subindustry, Thien Viet 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.


Thien Viet Securities JSC EV-to-EBIT vs Capital Markets Industry

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

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


STC:TVS
72GF Score
Thien Viet Securities JSC STC:TVS
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thien Viet 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 ₫540,644 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 ₫540,644 Mil mean?
Thien Viet Securities JSC (STC:TVS) has a EBIT of ₫540,644 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Thien Viet Securities JSC.
Is Thien Viet Securities JSC's EBIT too high?
Thien Viet Securities JSC's current EBIT is ₫540,644 Mil. Overall, Thien Viet Securities JSC has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Thien Viet Securities JSC's EBIT compare to MS and GS?
Thien Viet Securities JSC's EBIT of ₫540,644 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 Thien Viet Securities JSC. Thien Viet Securities JSC's current EBIT is ₫540,644 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thien Viet Securities JSC stock overvalued right now?
Based on GuruFocus' analysis, Thien Viet Securities JSC (STC:TVS) is currently considered Modestly Overvalued. The stock's GF Value™ is ₫12,462.08, compared to a current price of ₫14,750.00 — trading 18.4% above its estimated fair value. The current EBIT is ₫540,644 Mil. Thien Viet Securities JSC's overall GF Score™ is 72/100 with 4 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 Thien Viet Securities JSC (STC:TVS), the current EBIT is ₫540,644 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 Thien Viet Securities JSC (STC:TVS) Overvalued in 2026?

Based on GuruFocus' analysis, Thien Viet Securities JSC stock appears to be overvalued. The current stock price of ₫14,750.00 is trading 18.4% above its estimated GF Value™ of ₫12,462.08. GuruFocus considers Thien Viet Securities JSC to be Modestly Overvalued.

Key valuation signals for STC:TVS:

  • EBIT: ₫540,644 Mil
  • GF Value™: ₫12,462.08 vs. price of ₫14,750.00 (18.4% above fair value)
  • GF Score™: 72/100 with 4 warning signs

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


Thien Viet Securities JSC Business Description

Address No. 4 Lang Ha Street, Giang Vo Ward, 15th Floor, HAREC Building, Hanoi, VNM
Thien Viet Securities JSC is engaged in the provision of financial advisory, investment banking, brokerage, research, and investment services. It also provides proprietary trading, financial and securities investment consulting, securities underwriting, and securities depository services.
72GF Score

Get the complete analysis for STC:TVS

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

₫14,750.00
Price
₫12,462.08
GF Value