In calculating the Net Current Asset Value (NCAV), Benjamin Graham means a company's current assets (such as cash, marketable securities, and inventories) minus its total liabilities (including preferred stock, minority interest, and long-term debt).
The historical rank and industry rank for Viet Nam Forestry Joint Stock Co's Net Current Asset Value or its related term are showing as below:
HSTC:VIF'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.4 Med: 1.96 Max: 2.41
Current: 2.41
During the past 7 years, the highest Price-to-Net-Current-Asset-Value Ratio of Viet Nam Forestry Joint Stock Co was 2.41. The lowest was 1.40. And the median was 1.96.
HSTC:VIF's Price-to-Net-Current-Asset-Value is ranked better than 58.27% of 127
companies
in the Forest Products industry
Industry Median: 3.28
vs HSTC:VIF: 2.41
Viet Nam Forestry Joint Stock Co (HSTC:VIF) Net Current Asset Value Explanation
Benjamin Graham first discussed net current asset value (NCAV) in the 1934 edition of "Security Analysis", which he coauthored with David Dodd. In the book, (net) current asset value is defined as:" current assets alone, minus all liabilities and claims ahead of the issue."
The common definition of NCAV is: NCAV = current assets – [total liabilities + minority interest + preferred stock]
Net current assets exclude not only the intangible assets but also the fixed and miscellaneous assets. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.
One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Grahams strategy produced similar results.
Benjamin Graham looked for companies whose market values were less than two-thirds of their Net-Net Working Capital. They are collected under our Net-Net screener.
Viet Nam Forestry Joint Stock Co Net Current Asset Value Related Terms
Viet Nam Forestry Joint Stock Co Net Current Asset Value Historical Data
* 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 Forestry Joint Stock Co Net Current Asset Value Chart
HSTC:VIF vs SSD, UFPI, BCC: Net Current Asset Value Comparison
For the Lumber & Wood Production subindustry, Viet Nam Forestry Joint Stock Co's Price-to-Net-Current-Asset-Value, along with its competitors' market caps and Price-to-Net-Current-Asset-Value 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 Forestry Joint Stock Co Price-to-Net-Current-Asset-Value vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, Viet Nam Forestry Joint Stock Co's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Viet Nam Forestry Joint Stock Co's Price-to-Net-Current-Asset-Value 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.
What does a Net Current Asset Value of ₫6,812.33 mean?
Viet Nam Forestry Joint Stock Co (HSTC:VIF) has a Net Current Asset Value of ₫6,812.33 as of Mar. 2026. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Viet Nam Forestry Joint Stock Co and its competitors. This is 347468% above median its historical median of 1.96. Over the past decade, Viet Nam Forestry Joint Stock Co's Net Current Asset Value has ranged from 1.40 to 2.41. According to the industry distribution chart, Viet Nam Forestry Joint Stock Co ranks #53 out of 127 companies in the Forest Products industry, placing it in the top 41.7%.
Is Viet Nam Forestry Joint Stock Co's Net Current Asset Value too high?
Viet Nam Forestry Joint Stock Co's current Net Current Asset Value of ₫6,812.33 is 347468% above median its 10-year median of 1.96. Over the past 10 years, this metric has ranged from a low of 1.40 to a high of 2.41. Based on the distribution chart, Viet Nam Forestry Joint Stock Co ranks #53 out of 127 companies in the Forest Products industry, which is above the industry midpoint. Overall, Viet Nam Forestry Joint Stock Co has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Viet Nam Forestry Joint Stock Co's Net Current Asset Value compare to SSD and UFPI?
According to the Forest Products industry distribution chart, Viet Nam Forestry Joint Stock Co ranks #53 out of 127 companies for Net Current Asset Value. This puts Viet Nam Forestry Joint Stock Co in the upper half of its industry. The industry median Net Current Asset Value is 3.28. Historically, Viet Nam Forestry Joint Stock Co's own Net Current Asset Value has ranged from 1.40 to 2.41 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Current Asset Value for a Forest Products company?
The median Net Current Asset Value among Forest Products companies is 3.28, based on 127 companies in the industry. Companies in the top quartile (top 25%) have a Net Current Asset Value significantly above this median, while those in the bottom quartile fall well below. However, Net Current Asset Value 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 Net Current Asset Value mean?
A high Net Current Asset Value can signal that a stock is expensive relative to its fundamentals. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Viet Nam Forestry Joint Stock Co and its competitors. For the Forest Products industry, the median Net Current Asset Value is 3.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Viet Nam Forestry Joint Stock Co's current Net Current Asset Value is ₫6,812.33, which is 347468% above median its own 10-year median of 1.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Viet Nam Forestry Joint Stock Co stock overvalued right now?
Based on GuruFocus' analysis, Viet Nam Forestry Joint Stock Co (HSTC:VIF) is currently considered Modestly Undervalued. The stock's GF Value™ is ₫19,581.49, compared to a current price of ₫16,400.00 — trading 16.2% below its estimated fair value. The current Net Current Asset Value is ₫6,812.33, which is 347468% above median its 10-year median of 1.96. Viet Nam Forestry Joint Stock Co's overall GF Score™ is 70/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Current Asset Value calculated?
Net Current Asset Value is calculated from a company's financial statements. For Viet Nam Forestry Joint Stock Co (HSTC:VIF), the current Net Current Asset Value is ₫6,812.33 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 Forestry Joint Stock Co (HSTC:VIF) Overvalued in 2026?
Based on GuruFocus' analysis, Viet Nam Forestry Joint Stock Co stock appears to be undervalued.
The current stock price of ₫16,400.00 is trading 16.2% below its estimated GF Value™ of ₫19,581.49.
GuruFocus considers Viet Nam Forestry Joint Stock Co to be Modestly Undervalued.
Key valuation signals for HSTC:VIF:
Net Current Asset Value: ₫6,812.33 (347468% above median its 10-year median of 1.96)
GF Value™: ₫19,581.49 vs. price of ₫16,400.00 (16.2% below fair value)
No single metric tells the full story. See the HSTC:VIF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Viet Nam Forestry Joint Stock Co Business Description
Viet Nam Forestry Corp Joint Stock Co principal activities are Cultivation, seeding, planting for wood; Logging; Exploiting other forest products from wood; Collecting products from forest other than wood and other forest products; Providing forestry services; Sawing, shaving and preserving wood; Producing plywood, veneer and other kinds of thin fiberboard; Producing wooden products for construction; Producing wooden package; Producing other wooden products, producing handicrafts from bamboo, straw and plaiting material; Making beds, wardrobes, tables, chairs; and Other activities. The business segment is derived mainly from sales of wood products (from afforestation, commercial activities, and processing) and from property rental. It has only one geographic segment in Vietnam.
70GF Score
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