Vietnam National Petroleum Group (STC:PLX) Equity-to-Asset: 0.24 (As of Mar. 2026) — 27% Below Median

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:PLX Vietnam National Petroleum Group STC:PLX
89 GF Score
Price ₫36,800.00
GF Value ₫42,302.52
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Vietnam National Petroleum Group Equity-to-Asset?

Vietnam National Petroleum Group STC:PLX 89 Equity-to-Asset is 0.24 as of Mar. 2026, which is 27% below its 10-year median of 0.33. GuruFocus rates STC:PLX with a GF Score™ of 89/100 and a GF Value™ of ₫42,302.52 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,024 Oil & Gas companies, Vietnam National Petroleum Group ranks worse than 78.32% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Vietnam National Petroleum Group's Total Stockholders Equity for the quarter that ended in Mar. 2026 was ₫25,403,166 Mil. Vietnam National Petroleum Group's Total Assets for the quarter that ended in Mar. 2026 was ₫106,072,582 Mil. Therefore, Vietnam National Petroleum Group's Equity to Asset Ratio for the quarter that ended in Mar. 2026 was 0.24.

The historical rank and industry rank for Vietnam National Petroleum Group's Equity-to-Asset or its related term are showing as below:

STC:PLX' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.24   Med: 0.33   Max: 0.4
Current: 0.24

During the past 10 years, the highest Equity to Asset Ratio of Vietnam National Petroleum Group was 0.40. The lowest was 0.24. And the median was 0.33.

STC:PLX's Equity-to-Asset is ranked worse than
78.32% of 1024 companies
in the Oil & Gas industry
Industry Median: 0.49 vs STC:PLX: 0.24

Vietnam National Petroleum Group  (STC:PLX) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Vietnam National Petroleum Group Equity-to-Asset Related Terms


Vietnam National Petroleum Group Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Vietnam National Petroleum Group's Equity-to-Asset 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.

Vietnam National Petroleum Group Equity-to-Asset Chart

Vietnam National Petroleum Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.39 0.33 0.33 0.32 0.31

Vietnam National Petroleum Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Equity-to-Asset 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 0.33 0.29 0.28 0.31 0.24

STC:PLX vs VLO, MPC, PSX: Equity-to-Asset Comparison

For the Oil & Gas Refining & Marketing subindustry, Vietnam National Petroleum Group's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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.


Vietnam National Petroleum Group Equity-to-Asset vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Vietnam National Petroleum Group's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Vietnam National Petroleum Group's Equity-to-Asset falls into.


STC:PLX
89GF Score
Vietnam National Petroleum Group STC:PLX
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vietnam National Petroleum Group Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Vietnam National Petroleum Group's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Equity to Asset (A: Dec. 2025 )=Total Stockholders Equity/Total Assets
=26206513.502/85855397.412
=0.31

Vietnam National Petroleum Group's Equity to Asset Ratio for the quarter that ended in Mar. 2026 is calculated as

Equity to Asset (Q: Mar. 2026 )=Total Stockholders Equity/Total Assets
=25403166.062/106072582.121
=0.24

* 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 Equity-to-Asset →
What does a Equity-to-Asset of 0.24 mean?
Vietnam National Petroleum Group (STC:PLX) has a Equity-to-Asset of 0.24 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Vietnam National Petroleum Group and its competitors. This is 27% below median its historical median of 0.33. Over the past decade, Vietnam National Petroleum Group's Equity-to-Asset has ranged from 0.24 to 0.40. According to the industry distribution chart, Vietnam National Petroleum Group ranks #802 out of 1024 companies in the Oil & Gas industry, placing it in the top 78.3%.
Is Vietnam National Petroleum Group's Equity-to-Asset too high?
Vietnam National Petroleum Group's current Equity-to-Asset of 0.24 is 27% below median its 10-year median of 0.33. Over the past 10 years, this metric has ranged from a low of 0.24 to a high of 0.40. The Oil & Gas industry median Equity-to-Asset is 0.49. Vietnam National Petroleum Group's value of 0.24 is 51% below this industry median. Based on the distribution chart, Vietnam National Petroleum Group ranks #802 out of 1024 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Vietnam National Petroleum Group has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vietnam National Petroleum Group's Equity-to-Asset compare to VLO and MPC?
According to the Oil & Gas industry distribution chart, Vietnam National Petroleum Group ranks #802 out of 1024 companies for Equity-to-Asset. This places Vietnam National Petroleum Group in the lower half of its industry. The industry median Equity-to-Asset is 0.49. Vietnam National Petroleum Group's value of 0.24 is 51% below this benchmark. Historically, Vietnam National Petroleum Group's own Equity-to-Asset has ranged from 0.24 to 0.40 over the past decade. While the company's 10-year median is 0.33 vs. the industry median of 0.49, Vietnam National Petroleum Group 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 Equity-to-Asset for an Oil & Gas company?
The median Equity-to-Asset among Oil & Gas companies is 0.49, based on 1,024 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Vietnam National Petroleum Group's current Equity-to-Asset of 0.24 is 51% 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 Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Vietnam National Petroleum Group and its competitors. For the Oil & Gas industry, the median Equity-to-Asset is 0.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vietnam National Petroleum Group's current Equity-to-Asset is 0.24, which is 27% below median its own 10-year median of 0.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vietnam National Petroleum Group stock overvalued right now?
Based on GuruFocus' analysis, Vietnam National Petroleum Group (STC:PLX) is currently considered Modestly Undervalued. The stock's GF Value™ is ₫42,302.52, compared to a current price of ₫36,800.00 — trading 13% below its estimated fair value. The current Equity-to-Asset is 0.24, which is 27% below median its 10-year median of 0.33 and 51% below the Oil & Gas industry median of 0.49. Vietnam National Petroleum Group's overall GF Score™ is 89/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Vietnam National Petroleum Group (STC:PLX), the current Equity-to-Asset is 0.24 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 Vietnam National Petroleum Group (STC:PLX) Overvalued in 2026?

Based on GuruFocus' analysis, Vietnam National Petroleum Group stock appears to be undervalued. The current stock price of ₫36,800.00 is trading 13% below its estimated GF Value™ of ₫42,302.52. GuruFocus considers Vietnam National Petroleum Group to be Modestly Undervalued.

Key valuation signals for STC:PLX:

  • Equity-to-Asset: 0.24 (27% below median its 10-year median of 0.33)
  • GF Value™: ₫42,302.52 vs. price of ₫36,800.00 (13% below fair value)
  • GF Score™: 89/100 with 3 warning signs
  • Industry Position: 51% below the Oil & Gas median (#802 of 1024)

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


Vietnam National Petroleum Group Business Description

Industry EnergyOil & Gas
Address No. 1, Kham Thien, Kham Thien Ward, Dong Da District, Hanoi, VNM
Vietnam National Petroleum Group is engaged in import, export, and deal in petroleum, refining, and petrochemical products. The firm also invests in fields like engineering, mechanical and oil equipment, insurance, banking, and other commercial activities.
89GF Score

Get the complete analysis for STC:PLX

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

₫36,800.00
Price
₫42,302.52
GF Value