Viet Nam Airlines JSC (STC:HVN) EV-to-EBITDA: 6.00 (As of Aug. 17, 2026) — 32% Above Median

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Founder & CEO of GuruFocus
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STC:HVN Viet Nam Airlines JSC STC:HVN
81 GF Score
Price ₫22,950.00
GF Value ₫24,441.76
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Viet Nam Airlines JSC EV-to-EBITDA?

Viet Nam Airlines JSC STC:HVN 81 EV-to-EBITDA is 6.00 as of Aug. 17, 2026, which is 32% above its 10-year median of 4.54. GuruFocus rates STC:HVN with a GF Score™ of 81/100 and a GF Value™ of ₫24,441.76 (Fairly Valued). The stock has 5 warning signs investors should review. Among 900 Transportation companies, Viet Nam Airlines JSC ranks better than 69.44% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Viet Nam Airlines JSC's enterprise value is ₫67,004,157 Mil. Viet Nam Airlines JSC's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was ₫11,172,539 Mil. Therefore, Viet Nam Airlines JSC's EV-to-EBITDA for today is 6.00.

The historical rank and industry rank for Viet Nam Airlines JSC's EV-to-EBITDA or its related term are showing as below:

STC:HVN' s EV-to-EBITDA Range Over the Past 10 Years
Min: -117.76   Med: 4.54   Max: 44.29
Current: 6

During the past 8 years, the highest EV-to-EBITDA of Viet Nam Airlines JSC was 44.29. The lowest was -117.76. And the median was 4.54.

STC:HVN's EV-to-EBITDA is ranked better than
69.44% of 900 companies
in the Transportation industry
Industry Median: 8.65 vs STC:HVN: 6.00

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2026-08-17), Viet Nam Airlines JSC's stock price is ₫22950.00. Viet Nam Airlines JSC's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was ₫1572.000. Therefore, Viet Nam Airlines JSC's PE Ratio (TTM) for today is 14.60.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


Viet Nam Airlines JSC  (STC:HVN) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Viet Nam Airlines JSC's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=22950.00/1572.000
=14.60

Viet Nam Airlines JSC's share price for today is ₫22950.00.
Viet Nam Airlines JSC's Earnings per Share (Diluted) 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 ₫1572.000.

* 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.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).

Please read Which price ratio outperforms the enterprise multiple?


Viet Nam Airlines JSC EV-to-EBITDA Related Terms


Viet Nam Airlines JSC EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Viet Nam Airlines JSC's EV-to-EBITDA 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 Nam Airlines JSC EV-to-EBITDA Chart

Viet Nam Airlines JSC Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBITDA
Get a 7-Day Free Trial -8.03 -8.99 23.65 5.34 5.30

Viet Nam Airlines JSC Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EV-to-EBITDA 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 6.44 6.64 5.30 3.98 6.05

STC:HVN vs DAL, UAL, LUV: EV-to-EBITDA Comparison

For the Airlines subindustry, Viet Nam Airlines JSC's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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 Nam Airlines JSC EV-to-EBITDA vs Transportation Industry

For the Transportation industry and Industrials sector, Viet Nam Airlines JSC's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Viet Nam Airlines JSC's EV-to-EBITDA falls into.


STC:HVN
81GF Score
Viet Nam Airlines JSC STC:HVN
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Viet Nam Airlines JSC EV-to-EBITDA Calculation

Viet Nam Airlines JSC's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=67004157.068/11172538.921
=6.00

Viet Nam Airlines JSC's current Enterprise Value is ₫67,004,157 Mil.
Viet Nam Airlines JSC's EBITDA 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 ₫11,172,539 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 EV-to-EBITDA →
What does a EV-to-EBITDA of 6.00 mean?
Viet Nam Airlines JSC (STC:HVN) has a EV-to-EBITDA of 6.00 as of Aug. 17, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Viet Nam Airlines JSC. This is 32% above median its historical median of 4.54. According to the industry distribution chart, Viet Nam Airlines JSC ranks #275 out of 900 companies in the Transportation industry, placing it in the top 30.6%.
Is Viet Nam Airlines JSC's EV-to-EBITDA too high?
Viet Nam Airlines JSC's current EV-to-EBITDA of 6.00 is 32% above median its 10-year median of 4.54. The Transportation industry median EV-to-EBITDA is 8.65. Viet Nam Airlines JSC's value of 6.00 is 30.6% below this industry median. Based on the distribution chart, Viet Nam Airlines JSC ranks #275 out of 900 companies in the Transportation industry, which is above the industry midpoint. Overall, Viet Nam Airlines JSC has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Viet Nam Airlines JSC's EV-to-EBITDA compare to DAL and UAL?
According to the Transportation industry distribution chart, Viet Nam Airlines JSC ranks #275 out of 900 companies for EV-to-EBITDA. This puts Viet Nam Airlines JSC in the upper half of its industry. The industry median EV-to-EBITDA is 8.65. Viet Nam Airlines JSC's value of 6.00 is 30.6% below this benchmark. While the company's 10-year median is 4.54 vs. the industry median of 8.65, Viet Nam Airlines JSC has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for a Transportation company?
The median EV-to-EBITDA among Transportation companies is 8.65, based on 900 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Viet Nam Airlines JSC's current EV-to-EBITDA of 6.00 is 30.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Viet Nam Airlines JSC. For the Transportation industry, the median EV-to-EBITDA is 8.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Viet Nam Airlines JSC's current EV-to-EBITDA is 6.00, which is 32% above median its own 10-year median of 4.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Viet Nam Airlines JSC stock overvalued right now?
Based on GuruFocus' analysis, Viet Nam Airlines JSC (STC:HVN) is currently considered Fairly Valued. The stock's GF Value™ is ₫24,441.76, compared to a current price of ₫22,950.00 — trading 6.1% below its estimated fair value. The current EV-to-EBITDA is 6.00, which is 32% above median its 10-year median of 4.54 and 30.6% below the Transportation industry median of 8.65. Viet Nam Airlines JSC's overall GF Score™ is 81/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Viet Nam Airlines JSC (STC:HVN), the current EV-to-EBITDA is 6.00 as of Aug. 17, 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 Viet Nam Airlines JSC (STC:HVN) Overvalued in 2026?

Based on GuruFocus' analysis, Viet Nam Airlines JSC stock appears to be undervalued. The current stock price of ₫22,950.00 is trading 6.1% below its estimated GF Value™ of ₫24,441.76. GuruFocus considers Viet Nam Airlines JSC to be Fairly Valued.

Key valuation signals for STC:HVN:

  • EV-to-EBITDA: 6.00 (32% above median its 10-year median of 4.54)
  • GF Value™: ₫24,441.76 vs. price of ₫22,950.00 (6.1% below fair value)
  • GF Score™: 81/100 with 5 warning signs
  • Industry Position: 30.6% below the Transportation median (#275 of 900)

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


Viet Nam Airlines JSC Business Description

Address Number 200 Nguyen Son, Bo De Ward, Long Bien District, Hanoi, VNM
Viet Nam Airlines JSC is an airline service provider in Vietnam. The company provides air transportation of passengers, air transportation of luggage, cargos, parcels, postal items and mails and activities of general aviation including aerial photography of the terrain, geological surveys and flight calibration of air stations among others.
81GF Score

Get the complete analysis for STC:HVN

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

₫22,950.00
Price
₫24,441.76
GF Value