Viet Nam Airlines JSCSTC:HVN -0.42%84 Gross Margin % is 19.82% as of Mar. 2026, which is 157% above its 10-year median of 7.71. GuruFocus rates STC:HVN with a GF Score™ of 84/100 and a GF Value™ of ₫22,848.81 (Fairly Valued). The stock has 3 warning signs investors should review. Among 977 Transportation companies, Viet Nam Airlines JSC ranks worse than 63.46% on this metric.
STC:HVN's Gross Margin % is ranked worse than 63.46% of 977
companies
in the Transportation industry
Industry Median: 20.42
vs STC:HVN: 15.01
Viet Nam Airlines JSC had a gross margin of 19.82% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Viet Nam Airlines JSC was 0.00% per year.
Viet Nam Airlines JSC (STC:HVN) Gross Margin % Explanation
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Viet Nam Airlines JSC had a gross margin of 19.82% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
Viet Nam Airlines JSC Gross Margin % Related Terms
Viet Nam Airlines JSC Gross Margin % Historical Data
* Premium members only.
The historical data trend for Viet Nam Airlines JSC's Gross Margin % 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.
STC:HVN vs DAL, UAL, LUV: Gross Margin % Comparison
For the Airlines subindustry, Viet Nam Airlines JSC's Gross Margin %, along with its competitors' market caps and Gross Margin % 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 Gross Margin % vs Transportation Industry
For the Transportation industry and Industrials sector, Viet Nam Airlines JSC's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Viet Nam Airlines JSC's Gross Margin % falls into.
* 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.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Viet Nam Airlines JSC (STC:HVN) has a Gross Margin % of 19.82% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Viet Nam Airlines JSC and its competitors. This is 157% above median its historical median of 7.71. According to the industry distribution chart, Viet Nam Airlines JSC ranks #620 out of 977 companies in the Transportation industry, placing it in the top 63.5%.
Is Viet Nam Airlines JSC's Gross Margin % too high?
Viet Nam Airlines JSC's current Gross Margin % of 19.82% is 157% above median its 10-year median of 7.71. The Transportation industry median Gross Margin % is 20.42. Viet Nam Airlines JSC's value of 19.82% is 2.9% below this industry median. Based on the distribution chart, Viet Nam Airlines JSC ranks #620 out of 977 companies in the Transportation industry, which is below the industry midpoint. Overall, Viet Nam Airlines JSC has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Viet Nam Airlines JSC's Gross Margin % compare to DAL and UAL?
According to the Transportation industry distribution chart, Viet Nam Airlines JSC ranks #620 out of 977 companies for Gross Margin %. This places Viet Nam Airlines JSC in the lower half of its industry. The industry median Gross Margin % is 20.42. Viet Nam Airlines JSC's value of 19.82% is 2.9% below this benchmark. While the company's 10-year median is 7.71 vs. the industry median of 20.42, 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 Gross Margin % for a Transportation company?
The median Gross Margin % among Transportation companies is 20.42, based on 977 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Viet Nam Airlines JSC's current Gross Margin % of 19.82% is 2.9% 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 Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Viet Nam Airlines JSC and its competitors. For the Transportation industry, the median Gross Margin % is 20.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Viet Nam Airlines JSC's current Gross Margin % is 19.82%, which is 157% above median its own 10-year median of 7.71. 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 ₫22,848.81, compared to a current price of ₫23,500.00 — trading 2.8% above its estimated fair value. The current Gross Margin % is 19.82%, which is 157% above median its 10-year median of 7.71 and 2.9% below the Transportation industry median of 20.42. Viet Nam Airlines JSC's overall GF Score™ is 84/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Viet Nam Airlines JSC (STC:HVN), the current Gross Margin % is 19.82% 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 Viet Nam Airlines JSC (STC:HVN) Overvalued in 2026?
Based on GuruFocus' analysis, Viet Nam Airlines JSC stock appears to be overvalued.
The current stock price of ₫23,500.00 is trading 2.8% above its estimated GF Value™ of ₫22,848.81.
GuruFocus considers Viet Nam Airlines JSC to be Fairly Valued.
Key valuation signals for STC:HVN:
Gross Margin %: 19.82% (157% above median its 10-year median of 7.71)
GF Value™: ₫22,848.81 vs. price of ₫23,500.00 (2.8% above fair value)
Industry Position: 2.9% below the Transportation median (#620 of 977)
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 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.
84GF Score
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Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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