Vingroup JSC (STC:VIC) EBIT: ₫59,797,922 Mil (TTM As of Mar. 2026)


STC:VIC Vingroup JSC STC:VIC
82 GF Score
Price ₫230,500.00
GF Value ₫58,956.79
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Vingroup JSC EBIT?

Vingroup JSC STC:VIC 82 EBIT is ₫59,797,922 Mil as of Mar. 2026. GuruFocus rates STC:VIC with a GF Score™ of 82/100 and a GF Value™ of ₫58,956.79 (Significantly Overvalued). The stock has 8 warning signs investors should review.

Vingroup JSC's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ₫18,333,666 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ₫59,797,922 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Vingroup JSC's annualized ROC % for the quarter that ended in Mar. 2026 was 4.41%. Vingroup JSC's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 19.31%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Vingroup JSC's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 2.96%.


Vingroup JSC  (STC:VIC) EBIT Explanation

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

Vingroup 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 )
=78209720 * ( 1 - 51.37% )/( (817137175 + 906983981)/ 2 )
=38033386.836/862060578
=4.41 %

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))
=1118622625 - 230167550 - ( 83380686 - max(0, 587454564 - 658772464+83380686))
=817137175

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))
=1178694748 - 229080259 - ( 73907605 - max(0, 626455564 - 669086072+73907605))
=906983981

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

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

Vingroup 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 )
=73334664/( ( (290836271 + max(72164757, 0)) + (302715136 + max(93829168, 0)) )/ 2 )
=73334664/( ( 363001028 + 396544304 )/ 2 )
=73334664/379772666
=19.31 %

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)
=(35747342 + 201580276 + 308291219) - (230167550 + 0 + 243286530)
=72164757

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(36575948 + 217153958 + 328977434) - (229080259 + 0 + 259797913)
=93829168

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=59797922/2018432521.830
=2.96 %

* 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.


Vingroup JSC EBIT Related Terms


Vingroup JSC EBIT Historical Data

* Premium members only.

The historical data trend for Vingroup 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.

Vingroup JSC EBIT Chart

Vingroup 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 12,269,989.00 22,356,595.00 29,442,241.00 38,223,790.00 55,224,560.00

Vingroup 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 12,961,717.00 10,732,651.00 12,209,529.00 18,522,076.00 18,333,666.00

STC:VIC vs CBRE, BEKE, CSGP: EBIT Comparison

For the Real Estate Services subindustry, Vingroup 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.


Vingroup JSC EV-to-EBIT vs Real Estate Industry

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

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


STC:VIC
82GF Score
Vingroup JSC STC:VIC
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vingroup 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 ₫59,797,922 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 ₫59,797,922 Mil mean?
Vingroup JSC (STC:VIC) has a EBIT of ₫59,797,922 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Vingroup JSC.
Is Vingroup JSC's EBIT too high?
Vingroup JSC's current EBIT is ₫59,797,922 Mil. Overall, Vingroup JSC has a GF Score™ of 82/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Vingroup JSC's EBIT compare to CBRE and BEKE?
Vingroup JSC's EBIT of ₫59,797,922 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 Vingroup JSC. Vingroup JSC's current EBIT is ₫59,797,922 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vingroup JSC stock overvalued right now?
Based on GuruFocus' analysis, Vingroup JSC (STC:VIC) is currently considered Significantly Overvalued. The stock's GF Value™ is ₫58,956.79, compared to a current price of ₫230,500.00 — trading 291% above its estimated fair value. The current EBIT is ₫59,797,922 Mil. Vingroup JSC's overall GF Score™ is 82/100 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 Vingroup JSC (STC:VIC), the current EBIT is ₫59,797,922 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 Vingroup JSC (STC:VIC) Overvalued in 2026?

Based on GuruFocus' analysis, Vingroup JSC stock appears to be overvalued. The current stock price of ₫230,500.00 is trading 291% above its estimated GF Value™ of ₫58,956.79. GuruFocus considers Vingroup JSC to be Significantly Overvalued.

Key valuation signals for STC:VIC:

  • EBIT: ₫59,797,922 Mil
  • GF Value™: ₫58,956.79 vs. price of ₫230,500.00 (291% above fair value)
  • GF Score™: 82/100 with 8 warning signs

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


Vingroup JSC Business Description

Address No. 7, Bang Lang 1 Street, Vinhomes Riverside Ecological Area, Viet Hung Ward, Long Bien District, Hanoi, VNM
Vingroup JSC is a Vietnam-based company engaged in construction and provides retail outlets, commercial offices for lease, residential units for lease and sale. It also carries out investment activities, to provide the management service and to conduct other businesses. The company operates through the segments of Sale of inventory properties, Leasing investment properties and related services, Hospitality, entertainment and other services, Health care and related services, Education services, Retail services, Manufacturing activities, and Others. The company generates the majority of its revenue from Sale of inventory properties including developing and trading apartments and villas at real estate projects of the group.
82GF Score

Get the complete analysis for STC:VIC

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

₫230,500.00
Price
₫58,956.79
GF Value