Vietcap Securities JSC (STC:VCI) Intangible Assets: ₫4,382 Mil (As of Mar. 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:VCI Vietcap Securities JSC STC:VCI
94 GF Score
Price ₫19,900.00
GF Value ₫27,348.96
Valuation Modestly Undervalued
! 10 Warning Signs
View Full Analysis

What is Vietcap Securities JSC Intangible Assets?

Vietcap Securities JSC STC:VCI -1.24% 94 Intangible Assets is ₫4,382 Mil as of Mar. 2026. GuruFocus rates STC:VCI with a GF Score™ of 94/100 and a GF Value™ of ₫27,348.96 (Modestly Undervalued). The stock has 10 warning signs investors should review.

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Vietcap Securities JSC's intangible assets for the quarter that ended in Mar. 2026 was ₫4,382 Mil.


Vietcap Securities JSC  (STC:VCI) Intangible Assets Explanation

If a company (company A) received a patent through their own work, though it has value, it does not show up on its balance sheet as an intangible asset. However, if company A sells this patent to company B, it will show up on company B's balance sheet as an intangible asset.

The same applies to brand names, trade secrets etc. For instance, Coca-Cola's brand is extremely valuable, but the brand does not appear on its balance sheet, because the brand was never acquired.

Some intangibles are amortized. Amortization is the depreciation of intangible assets.

Many intangibles are not amortized. They may still be written down when the company decides the asset is impaired.

Whenever you see an increase in goodwill over a number of years, you can assume it's because the company is out buying other businesses above book value. GOOD if buying businesses with durable competitive advantage.

If goodwill stays the same, the company when acquiring other companies is either paying less than book value or not acquiring. Businesses with moats never sell for less than book value.

Intangibles acquired are on balance sheet at fair value.

Internally developed brand names (Coke, Wrigleys, Band-Aid) however are not reflected on the balance sheet.

One of the reasons competitive advantage power can remain hidden for so long.


Be Aware

Companies may change the way intangible assets are amortized, and this will affect their reported earnings.


Vietcap Securities JSC Intangible Assets Related Terms


Vietcap Securities JSC Intangible Assets Historical Data

* Premium members only.

The historical data trend for Vietcap Securities JSC's Intangible Assets 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.

Vietcap Securities JSC Intangible Assets Chart

Vietcap Securities JSC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Intangible Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,195.05 1,040.28 7,699.80 6,667.74 4,813.65

Vietcap Securities JSC Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Intangible Assets 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 6,183.55 5,699.36 5,247.69 4,813.65 4,382.32
STC:VCI
94GF Score
Vietcap Securities JSC STC:VCI
Intangible Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vietcap Securities JSC Intangible Assets Calculation

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Examples of intangible assets include trade secrets, copyrights, patents, trademarks. If a company acquires assets at the prices above the book value, it may carry goodwill on its balance sheet. Goodwill reflects the difference between the price the company paid and the book value of the assets.

Frequently Asked Questions Learn more about Intangible Assets →
What does a Intangible Assets of ₫4,382 Mil mean?
Vietcap Securities JSC (STC:VCI) has a Intangible Assets of ₫4,382 Mil as of Mar. 2026. Intangible assets include patents, goodwill and trade secrets. View historical data on Vietcap Securities JSC and its competitors.
Is Vietcap Securities JSC's Intangible Assets too high?
Vietcap Securities JSC's current Intangible Assets is ₫4,382 Mil. Overall, Vietcap Securities JSC has a GF Score™ of 94/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vietcap Securities JSC's Intangible Assets compare to MS and GS?
Vietcap Securities JSC's Intangible Assets of ₫4,382 Mil 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 Intangible Assets for a Capital Markets company?
A good Intangible Assets depends on the Capital Markets industry context. However, Intangible Assets 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 Intangible Assets mean?
A high Intangible Assets can signal that a stock is expensive relative to its fundamentals. Intangible assets include patents, goodwill and trade secrets. View historical data on Vietcap Securities JSC and its competitors. Vietcap Securities JSC's current Intangible Assets is ₫4,382 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vietcap Securities JSC stock overvalued right now?
Based on GuruFocus' analysis, Vietcap Securities JSC (STC:VCI) is currently considered Modestly Undervalued. The stock's GF Value™ is ₫27,348.96, compared to a current price of ₫19,900.00 — trading 27.2% below its estimated fair value. The current Intangible Assets is ₫4,382 Mil. Vietcap Securities JSC's overall GF Score™ is 94/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Intangible Assets calculated?
Intangible Assets is calculated from a company's financial statements. For Vietcap Securities JSC (STC:VCI), the current Intangible Assets is ₫4,382 Mil 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 Vietcap Securities JSC (STC:VCI) Overvalued in 2026?

Based on GuruFocus' analysis, Vietcap Securities JSC stock appears to be undervalued. The current stock price of ₫19,900.00 is trading 27.2% below its estimated GF Value™ of ₫27,348.96. GuruFocus considers Vietcap Securities JSC to be Modestly Undervalued.

Key valuation signals for STC:VCI:

  • Intangible Assets: ₫4,382 Mil
  • GF Value™: ₫27,348.96 vs. price of ₫19,900.00 (27.2% below fair value)
  • GF Score™: 94/100 with 10 warning signs

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


Vietcap Securities JSC Business Description

Address Bitexco Financial Tower, 15th Floor, 2 Hai Trieu, District 1, Ho Chi Minh City, VNM
Vietcap Securities JSC is engaged in the provision of financial services. The principal activities of the company are provision of securities brokerage service, proprietary securities trading, underwriting and securities custodian services, securities investment consultancy service and corporate finance consultancy service, margin lending service and derivatives trading. The company also offers individual and institutional brokerage services, such as sales and dealing, equities and fixed income, listed and OTC, IPOs, off-market, corporate access, and custody.
94GF Score

Get the complete analysis for STC:VCI

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

₫19,900.00
Price
₫27,348.96
GF Value