Vietnam Dairy Products JSC (STC:VNM) Gross Margin %: 42.70% (As of Mar. 2026) — Near Median


STC:VNM Vietnam Dairy Products JSC STC:VNM
88 GF Score
Price ₫56,300.00
GF Value ₫71,912.76
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Vietnam Dairy Products JSC Gross Margin %?

Vietnam Dairy Products JSC STC:VNM -3.43% 88 Gross Margin % is 42.70% as of Mar. 2026, which is 5% below its 10-year median of 44.77. GuruFocus rates STC:VNM with a GF Score™ of 88/100 and a GF Value™ of ₫71,912.76 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,900 Consumer Packaged Goods companies, Vietnam Dairy Products JSC ranks better than 77.63% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Vietnam Dairy Products JSC's Gross Profit for the three months ended in Mar. 2026 was ₫6,895,926 Mil. Vietnam Dairy Products JSC's Revenue for the three months ended in Mar. 2026 was ₫16,148,658 Mil. Therefore, Vietnam Dairy Products JSC's Gross Margin % for the quarter that ended in Mar. 2026 was 42.70%.

Warning Sign:

Vietnam Dairy Products JSC gross margin has been in long-term decline. The average rate of decline per year is -2%.


The historical rank and industry rank for Vietnam Dairy Products JSC's Gross Margin % or its related term are showing as below:

STC:VNM' s Gross Margin % Range Over the Past 10 Years
Min: 39.86   Med: 44.77   Max: 47.73
Current: 41.72


During the past 13 years, the highest Gross Margin % of Vietnam Dairy Products JSC was 47.73%. The lowest was 39.86%. And the median was 44.77%.

STC:VNM's Gross Margin % is ranked better than
77.63% of 1900 companies
in the Consumer Packaged Goods industry
Industry Median: 26.37 vs STC:VNM: 41.72

Vietnam Dairy Products JSC had a gross margin of 42.70% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Vietnam Dairy Products JSC was -2.00% per year.


Vietnam Dairy Products JSC  (STC:VNM) 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

Vietnam Dairy Products JSC had a gross margin of 42.70% for the quarter that ended in Mar. 2026 => Durable 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.


Vietnam Dairy Products JSC Gross Margin % Related Terms


Vietnam Dairy Products JSC Gross Margin % Historical Data

* Premium members only.

The historical data trend for Vietnam Dairy Products 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.

Vietnam Dairy Products JSC Gross Margin % Chart

Vietnam Dairy Products JSC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 43.14 39.86 40.66 41.42 41.18

Vietnam Dairy Products JSC Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Margin % 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 40.09 41.98 41.80 40.45 42.70

STC:VNM vs KHC, GIS: Gross Margin % Comparison

For the Packaged Foods subindustry, Vietnam Dairy Products 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.


Vietnam Dairy Products JSC Gross Margin % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Vietnam Dairy Products JSC's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Vietnam Dairy Products JSC's Gross Margin % falls into.


STC:VNM
88GF Score
Vietnam Dairy Products JSC STC:VNM
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vietnam Dairy Products JSC Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Vietnam Dairy Products JSC's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=26209474.2 / 63645886.756
=(Revenue - Cost of Goods Sold) / Revenue
=(63645886.756 - 37436412.561) / 63645886.756
=41.18 %

Vietnam Dairy Products JSC's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=6895926 / 16148657.872
=(Revenue - Cost of Goods Sold) / Revenue
=(16148657.872 - 9252731.828) / 16148657.872
=42.70 %

* 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.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 42.70% mean?
Vietnam Dairy Products JSC (STC:VNM) has a Gross Margin % of 42.70% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Vietnam Dairy Products JSC and its competitors. This is near median its historical median of 44.77. Over the past decade, Vietnam Dairy Products JSC's Gross Margin % has ranged from 39.86 to 47.73. According to the industry distribution chart, Vietnam Dairy Products JSC ranks #425 out of 1900 companies in the Consumer Packaged Goods industry, placing it in the top 22.4%.
Is Vietnam Dairy Products JSC's Gross Margin % too high?
Vietnam Dairy Products JSC's current Gross Margin % of 42.70% is near median its 10-year median of 44.77. Over the past 10 years, this metric has ranged from a low of 39.86 to a high of 47.73. The Consumer Packaged Goods industry median Gross Margin % is 26.37. Vietnam Dairy Products JSC's value of 42.70% is 61.9% above this industry median. Based on the distribution chart, Vietnam Dairy Products JSC ranks #425 out of 1900 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Vietnam Dairy Products JSC has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vietnam Dairy Products JSC's Gross Margin % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Vietnam Dairy Products JSC ranks #425 out of 1900 companies for Gross Margin %. This places Vietnam Dairy Products JSC in the top 22% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 26.37. Vietnam Dairy Products JSC's value of 42.70% is 61.9% above this benchmark. Historically, Vietnam Dairy Products JSC's own Gross Margin % has ranged from 39.86 to 47.73 over the past decade. While the company's 10-year median is 44.77 vs. the industry median of 26.37, Vietnam Dairy Products JSC has consistently been above 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 Consumer Packaged Goods company?
The median Gross Margin % among Consumer Packaged Goods companies is 26.37, based on 1,900 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. Vietnam Dairy Products JSC's current Gross Margin % of 42.70% is 61.9% above 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 Vietnam Dairy Products JSC and its competitors. For the Consumer Packaged Goods industry, the median Gross Margin % is 26.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vietnam Dairy Products JSC's current Gross Margin % is 42.70%, which is near median its own 10-year median of 44.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vietnam Dairy Products JSC stock overvalued right now?
Based on GuruFocus' analysis, Vietnam Dairy Products JSC (STC:VNM) is currently considered Modestly Undervalued. The stock's GF Value™ is ₫71,912.76, compared to a current price of ₫56,300.00 — trading 21.7% below its estimated fair value. The current Gross Margin % is 42.70%, which is near median its 10-year median of 44.77 and 61.9% above the Consumer Packaged Goods industry median of 26.37. Vietnam Dairy Products JSC's overall GF Score™ is 88/100 with 4 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 Vietnam Dairy Products JSC (STC:VNM), the current Gross Margin % is 42.70% 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 Dairy Products JSC (STC:VNM) Overvalued in 2026?

Based on GuruFocus' analysis, Vietnam Dairy Products JSC stock appears to be undervalued. The current stock price of ₫56,300.00 is trading 21.7% below its estimated GF Value™ of ₫71,912.76. GuruFocus considers Vietnam Dairy Products JSC to be Modestly Undervalued.

Key valuation signals for STC:VNM:

  • Gross Margin %: 42.70% (near median its 10-year median of 44.77)
  • GF Value™: ₫71,912.76 vs. price of ₫56,300.00 (21.7% below fair value)
  • GF Score™: 88/100 with 4 warning signs
  • Industry Position: 61.9% above the Consumer Packaged Goods median (#425 of 1900)

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


Vietnam Dairy Products JSC Business Description

Other Exchanges VNM19:Thailand
Address No. 10, Tan Trao Street, Tan Phu Ward, District 7, Ho Chi Minh, VNM
Vietnam Dairy Products JSC is a Vietnam-based company engaged in providing milk and dairy products. It manufactures and distributes milk cake, soya milk, fresh milk, refreshment drinks, bottled milk, powdered milk, nutritious powder, and other products from milk. It trades processed foods, spare parts and accessories, materials, and chemical substances. The company is also involved in the manufacture, sale, and distribution of beverages, grocery and processing foods, and roasted-ground filtered and instant coffee. In addition, it is involved in trading in houses, brokerage, and leasing of real estate as well as warehousing, loading, and transportation services amongst others.
88GF Score

Get the complete analysis for STC:VNM

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

₫56,300.00
Price
₫71,912.76
GF Value