Vinhomes JSC (STC:VHM) EBIT: ₫89,094,974 Mil (TTM As of Mar. 2026)


STC:VHM Vinhomes JSC STC:VHM
89 GF Score
Price ₫156,000.00
GF Value ₫110,832.99
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Vinhomes JSC EBIT?

Vinhomes JSC STC:VHM 89 EBIT is ₫89,094,974 Mil as of Mar. 2026. GuruFocus rates STC:VHM with a GF Score™ of 89/100 and a GF Value™ of ₫110,832.99 (Significantly Overvalued). The stock has 7 warning signs investors should review.

Vinhomes JSC's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ₫33,287,800 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ₫89,094,974 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Vinhomes JSC's annualized ROC % for the quarter that ended in Mar. 2026 was 16.83%. Vinhomes JSC's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 90.34%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Vinhomes JSC's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 13.39%.

Vinhomes JSC  (STC:VHM) EBIT Explanation

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

Vinhomes 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 )
=120223168 * ( 1 - 16.6% )/( (563320680 + 628084047)/ 2 )
=100266122.112/595702363.5
=16.83 %

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))
=787857267 - 83523846 - ( 141012741 - max(0, 343090159 - 496890087+141012741))
=563320680

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))
=869974503 - 112557735 - ( 148197146 - max(0, 388427617 - 517760338+148197146))
=628084047

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

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

Vinhomes 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 )
=133151200/( ( (117258748 + max(34440375, 0)) + (117442103 + max(25620737, 0)) )/ 2 )
=133151200/( ( 151699123 + 143062840 )/ 2 )
=133151200/147380981.5
=90.34 %

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)
=(23488063 + 131414569 + 179251034) - (83523846 + 0 + 216189445)
=34440375

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(27680047 + 138885119 + 192026309) - (112557735 + 0 + 220413003)
=25620737

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=89094974/665208843.624
=13.39 %

* 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.

Vinhomes JSC EBIT Related Terms

Vinhomes JSC EBIT Historical Data

* Premium members only.

The historical data trend for Vinhomes 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.

Vinhomes JSC EBIT Chart

Vinhomes JSC Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only 50,531,138.00 40,718,213.00 47,618,883.00 49,616,233.00 64,901,763.00

Vinhomes 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 7,480,996.00 11,913,721.00 8,119,508.00 35,773,945.00 33,287,800.00

Vinhomes JSC EBIT Competitor Comparison

For the Real Estate - Development subindustry, Vinhomes 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.

Vinhomes JSC EV-to-EBIT vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Vinhomes JSC's EV-to-EBIT distribution charts can be found below:

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


STC:VHM
89GF Score
Vinhomes JSC STC:VHM
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Vinhomes 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 ₫89,094,974 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 ₫89,094,974 Mil mean?
Vinhomes JSC (STC:VHM) has a EBIT of ₫89,094,974 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Vinhomes JSC.
Is Vinhomes JSC's EBIT too high?
Vinhomes JSC's current EBIT is ₫89,094,974 Mil. Overall, Vinhomes JSC has a GF Score™ of 89/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Vinhomes JSC's EBIT compare to competitors?
Vinhomes JSC's EBIT of ₫89,094,974 Mil can be compared against companies in the Real Estate 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 Real Estate company?
A good EBIT depends on the Real Estate 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 Vinhomes JSC. Vinhomes JSC's current EBIT is ₫89,094,974 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vinhomes JSC stock overvalued right now?
Based on GuruFocus' analysis, Vinhomes JSC (STC:VHM) is currently considered Significantly Overvalued. The stock's GF Value™ is ₫110,832.99, compared to a current price of ₫156,000.00 — trading 40.8% above its estimated fair value. The current EBIT is ₫89,094,974 Mil. Vinhomes JSC's overall GF Score™ is 89/100 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 Vinhomes JSC (STC:VHM), the current EBIT is ₫89,094,974 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 Vinhomes JSC (STC:VHM) Overvalued in 2026?

Based on GuruFocus' analysis, Vinhomes JSC stock appears to be overvalued. The current stock price of ₫156,000.00 is trading 40.8% above its estimated GF Value™ of ₫110,832.99. GuruFocus considers Vinhomes JSC to be Significantly Overvalued.

Key valuation signals for STC:VHM:

  • EBIT: ₫89,094,974 Mil
  • GF Value™: ₫110,832.99 vs. price of ₫156,000.00 (40.8% above fair value)
  • GF Score™: 89/100 with 7 warning signs

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

Vinhomes JSC Business Description

Address Chu Huy Man Street, Vinhomes Riverside Area, Symphony Office Building, Phuc Loi Ward, Long Bien District, Hanoi, VNM
Vinhomes JSC is a real estate development company. The current principal activities of the Company are to develop real estate property for sale, provide leasing of offices, render real estate management and related services, provide general contractor services, consulting and designing construction services, supervision and construction management services. The company has following operating segments: Sales of inventory properties: include the transfer of properties being constructed for sale at the Company and its subsidiaries' real estate projects; Rendering consultancy and general construction contractor services: includes general contractor to investors; construction consultancy and supervision and related services; Other business activities.
89GF Score

Get the complete analysis for STC:VHM

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

₫156,000.00
Price
₫110,832.99
GF Value