Viet Dragon Securities (STC:VDS) Goodwill-to-Asset: 0.00 (As of Jun. 2026)

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:VDS Viet Dragon Securities Corp STC:VDS
70 GF Score
Price ₫11,700.00
GF Value ₫23,962.27
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Viet Dragon Securities Goodwill-to-Asset?

Viet Dragon Securities STC:VDS -1.27% 70 Goodwill-to-Asset is 0.00 as of Jun. 2026. GuruFocus rates STC:VDS with a GF Score™ of 70/100 and a GF Value™ of ₫23,962.27 (Possible Value Trap). The stock has 6 warning signs investors should review.

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Viet Dragon Securities's Goodwill for the quarter that ended in Jun. 2026 was ₫0 Mil. Viet Dragon Securities's Total Assets for the quarter that ended in Jun. 2026 was ₫7,906,589 Mil. Therefore, Viet Dragon Securities's Goodwill to Asset Ratio for the quarter that ended in Jun. 2026 was 0.00.


Viet Dragon Securities  (STC:VDS) Goodwill-to-Asset Explanation

If the goodwill-to-asset ratio increases, it can mean that the company is recording a proportionately higher amount of goodwill, assuming total assets are remaining constant. It is generally good to see a company increasing its assets regularly; however, if these increases are coming from intangible assets, such as goodwill, the increases may not be as good.

Increases in the goodwill-to-asset ratio might suggest that a company has been aggressively acquiring other firms or has seen its tangible assets decrease in value. When a large portion of total assets are attributable to intangible assets (such as goodwill), the company may be at risk of having that portion of its asset base wiped out quickly if it must record any goodwill impairments. Decreases in the goodwill-to-assets ratio suggest that the company has either written down some goodwill or increased its tangible assets.

Asset needs vary from industry to industry. This is why comparing goodwill-to-assets ratios is generally most meaningful among companies within the same industry. By comparing a company's goodwill to assets ratio to those of other companies within the same industry, investors can get a feel for how a company is managing its goodwill.


Viet Dragon Securities Goodwill-to-Asset Related Terms


Viet Dragon Securities Goodwill-to-Asset Historical Data

* Premium members only.

The historical data trend for Viet Dragon Securities's Goodwill-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.

Viet Dragon Securities Goodwill-to-Asset Chart

Viet Dragon Securities Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Goodwill-to-Asset
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

Viet Dragon Securities Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Goodwill-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 0.00 0.00 0.00 0.00 0.00

STC:VDS vs MS, GS, SCHW: Goodwill-to-Asset Comparison

For the Capital Markets subindustry, Viet Dragon Securities's Goodwill-to-Asset, along with its competitors' market caps and Goodwill-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.


Viet Dragon Securities Goodwill-to-Asset vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Viet Dragon Securities's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where Viet Dragon Securities's Goodwill-to-Asset falls into.


STC:VDS
70GF Score
Viet Dragon Securities Corp STC:VDS
Goodwill-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Viet Dragon Securities Goodwill-to-Asset Calculation

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets.

It is calculated by dividing goodwill by total assets.

Viet Dragon Securities's Goodwill to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Goodwill to Asset (A: Dec. 2025 )=Goodwill/Total Assets
=0/8121452.97
=0.00

Viet Dragon Securities's Goodwill to Asset Ratio for the quarter that ended in Jun. 2026 is calculated as

Goodwill to Asset (Q: Jun. 2026 )=Goodwill/Total Assets
=0/7906589.387
=0.00

* 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 Goodwill-to-Asset →
What does a Goodwill-to-Asset of 0.00 mean?
Viet Dragon Securities (STC:VDS) has a Goodwill-to-Asset of 0.00 as of Jun. 2026. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Viet Dragon Securities and its competitors.
Is Viet Dragon Securities' Goodwill-to-Asset too high?
Viet Dragon Securities' current Goodwill-to-Asset is 0.00. Overall, Viet Dragon Securities has a GF Score™ of 70/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Viet Dragon Securities' Goodwill-to-Asset compare to MS and GS?
Viet Dragon Securities' Goodwill-to-Asset of 0.00 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 Goodwill-to-Asset for a Capital Markets company?
A good Goodwill-to-Asset depends on the Capital Markets industry context. However, Goodwill-to-Asset 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 Goodwill-to-Asset mean?
A high Goodwill-to-Asset can signal that a stock is expensive relative to its fundamentals. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Viet Dragon Securities and its competitors. Viet Dragon Securities's current Goodwill-to-Asset is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Viet Dragon Securities stock overvalued right now?
Based on GuruFocus' analysis, Viet Dragon Securities (STC:VDS) is currently considered Possible Value Trap. The stock's GF Value™ is ₫23,962.27, compared to a current price of ₫11,700.00 — trading 51.2% below its estimated fair value. The current Goodwill-to-Asset is 0.00. Viet Dragon Securities' overall GF Score™ is 70/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Goodwill-to-Asset calculated?
Goodwill-to-Asset is calculated from a company's financial statements. For Viet Dragon Securities (STC:VDS), the current Goodwill-to-Asset is 0.00 as of Jun. 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 Dragon Securities (STC:VDS) Overvalued in 2026?

Based on GuruFocus' analysis, Viet Dragon Securities stock appears to be undervalued. The current stock price of ₫11,700.00 is trading 51.2% below its estimated GF Value™ of ₫23,962.27. GuruFocus considers Viet Dragon Securities to be Possible Value Trap.

Key valuation signals for STC:VDS:

  • Goodwill-to-Asset: 0.00
  • GF Value™: ₫23,962.27 vs. price of ₫11,700.00 (51.2% below fair value)
  • GF Score™: 70/100 with 6 warning signs

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


Viet Dragon Securities Business Description

Address 141 Nguyen Du, 1st to the 8th Floor, Viet Dragon Building, Ward Ben Thanh, District 1, Ho Chi Minh City, VNM
Viet Dragon Securities Corp is a Vietnam-based company engaged in the financial and securities business. It offers a complete range of financial and securities products and services to personal customers and organizations. The firm offers brokerage and investment advisory services, securities services, analysis services, financial services, brokerage services, derivative securities services, and investment banking services. The Company's primary activities are to provide brokerage service, securities trading, finance and investment advisory service, underwriting for securities issues, securities custodian service, and derivatives service.
70GF Score

Get the complete analysis for STC:VDS

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

₫11,700.00
Price
₫23,962.27
GF Value