Viet Nam Power Development JSC (STC:VPD) Gross Margin %: 43.72% (As of Mar. 2026) — 17% Below Median


STC:VPD Viet Nam Power Development JSC STC:VPD
85 GF Score
Price ₫22,000.00
GF Value ₫30,802.78
Valuation Modestly Undervalued
View Full Analysis

What is Viet Nam Power Development JSC Gross Margin %?

Viet Nam Power Development JSC STC:VPD -0.45% 85 Gross Margin % is 43.72% as of Mar. 2026, which is 17% below its 10-year median of 52.69. GuruFocus rates STC:VPD with a GF Score™ of 85/100 and a GF Value™ of ₫30,802.78 (Modestly Undervalued). Among 489 Utilities - Regulated companies, Viet Nam Power Development JSC ranks better than 85.89% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Viet Nam Power Development JSC's Gross Profit for the three months ended in Mar. 2026 was ₫46,921 Mil. Viet Nam Power Development JSC's Revenue for the three months ended in Mar. 2026 was ₫107,325 Mil. Therefore, Viet Nam Power Development JSC's Gross Margin % for the quarter that ended in Mar. 2026 was 43.72%.


The historical rank and industry rank for Viet Nam Power Development JSC's Gross Margin % or its related term are showing as below:

STC:VPD' s Gross Margin % Range Over the Past 10 Years
Min: 45.03   Med: 52.69   Max: 59.07
Current: 57.37


During the past 8 years, the highest Gross Margin % of Viet Nam Power Development JSC was 59.07%. The lowest was 45.03%. And the median was 52.69%.

STC:VPD's Gross Margin % is ranked better than
85.89% of 489 companies
in the Utilities - Regulated industry
Industry Median: 30.88 vs STC:VPD: 57.37

Viet Nam Power Development JSC had a gross margin of 43.72% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Viet Nam Power Development JSC was 2.80% per year.


Viet Nam Power Development JSC  (STC:VPD) 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 Power Development JSC had a gross margin of 43.72% 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.


Viet Nam Power Development JSC Gross Margin % Related Terms


Viet Nam Power Development JSC Gross Margin % Historical Data

* Premium members only.

The historical data trend for Viet Nam Power Development 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.

Viet Nam Power Development JSC Gross Margin % Chart

Viet Nam Power Development JSC Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial 52.48 59.07 51.50 53.07 55.61

Viet Nam Power Development 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 29.19 57.97 69.54 47.80 43.72

STC:VPD vs NEE, SO, DUK: Gross Margin % Comparison

For the Utilities - Regulated Electric subindustry, Viet Nam Power Development 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 Power Development JSC Gross Margin % vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Viet Nam Power Development JSC's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Viet Nam Power Development JSC's Gross Margin % falls into.


STC:VPD
85GF Score
Viet Nam Power Development JSC STC:VPD
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Viet Nam Power Development JSC Gross Margin % Calculation

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

Viet Nam Power Development 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 )
=386977 / 695890.669
=(Revenue - Cost of Goods Sold) / Revenue
=(695890.669 - 308913.696) / 695890.669
=55.61 %

Viet Nam Power Development 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 )
=46921.3 / 107325.148
=(Revenue - Cost of Goods Sold) / Revenue
=(107325.148 - 60403.891) / 107325.148
=43.72 %

* 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 43.72% mean?
Viet Nam Power Development JSC (STC:VPD) has a Gross Margin % of 43.72% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Viet Nam Power Development JSC and its competitors. This is 17% below median its historical median of 52.69. Over the past decade, Viet Nam Power Development JSC's Gross Margin % has ranged from 45.03 to 59.07. According to the industry distribution chart, Viet Nam Power Development JSC ranks #69 out of 489 companies in the Utilities - Regulated industry, placing it in the top 14.1%.
Is Viet Nam Power Development JSC's Gross Margin % too high?
Viet Nam Power Development JSC's current Gross Margin % of 43.72% is 17% below median its 10-year median of 52.69. Over the past 10 years, this metric has ranged from a low of 45.03 to a high of 59.07. The Utilities - Regulated industry median Gross Margin % is 30.88. Viet Nam Power Development JSC's value of 43.72% is 41.6% above this industry median. Based on the distribution chart, Viet Nam Power Development JSC ranks #69 out of 489 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Viet Nam Power Development JSC has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Viet Nam Power Development JSC's Gross Margin % compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Viet Nam Power Development JSC ranks #69 out of 489 companies for Gross Margin %. This places Viet Nam Power Development JSC in the top 14% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 30.88. Viet Nam Power Development JSC's value of 43.72% is 41.6% above this benchmark. Historically, Viet Nam Power Development JSC's own Gross Margin % has ranged from 45.03 to 59.07 over the past decade. While the company's 10-year median is 52.69 vs. the industry median of 30.88, Viet Nam Power Development 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 an Utilities - Regulated company?
The median Gross Margin % among Utilities - Regulated companies is 30.88, based on 489 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 Power Development JSC's current Gross Margin % of 43.72% is 41.6% 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 Viet Nam Power Development JSC and its competitors. For the Utilities - Regulated industry, the median Gross Margin % is 30.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Viet Nam Power Development JSC's current Gross Margin % is 43.72%, which is 17% below median its own 10-year median of 52.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Viet Nam Power Development JSC stock overvalued right now?
Based on GuruFocus' analysis, Viet Nam Power Development JSC (STC:VPD) is currently considered Modestly Undervalued. The stock's GF Value™ is ₫30,802.78, compared to a current price of ₫22,000.00 — trading 28.6% below its estimated fair value. The current Gross Margin % is 43.72%, which is 17% below median its 10-year median of 52.69 and 41.6% above the Utilities - Regulated industry median of 30.88. Viet Nam Power Development JSC's overall GF Score™ is 85/100. 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 Power Development JSC (STC:VPD), the current Gross Margin % is 43.72% 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 Power Development JSC (STC:VPD) Overvalued in 2026?

Based on GuruFocus' analysis, Viet Nam Power Development JSC stock appears to be undervalued. The current stock price of ₫22,000.00 is trading 28.6% below its estimated GF Value™ of ₫30,802.78. GuruFocus considers Viet Nam Power Development JSC to be Modestly Undervalued.

Key valuation signals for STC:VPD:

  • Gross Margin %: 43.72% (17% below median its 10-year median of 52.69)
  • GF Value™: ₫30,802.78 vs. price of ₫22,000.00 (28.6% below fair value)
  • GF Score™: 85/100
  • Industry Position: 41.6% above the Utilities - Regulated median (#69 of 489)

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


Viet Nam Power Development JSC Business Description

Address No. 286 Nguyen Xien Street, 2nd Floor - CT2 Building, Thanh Liet Ward, Hanoi, VNM
Viet Nam Power Development JSC is engaged in the production and distribution of electricity in Vietnam. In addition, all of the Company's operations are conducted within the territory of Vietnam.
85GF Score

Get the complete analysis for STC:VPD

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

₫22,000.00
Price
₫30,802.78
GF Value