Vingroup JSCSTC:VIC 82 Net Margin % is 6.97% as of Mar. 2026, which is 40% above its 10-year median of 4.97. GuruFocus rates STC:VIC with a GF Score™ of 82/100 and a GF Value™ of ₫58,956.79 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,755 Real Estate companies, Vingroup JSC ranks worse than 60.28% on this metric.
Net margin is calculated as Net Income divided by its Revenue. Vingroup JSC's Net Income for the
three
months ended in Mar. 2026 was ₫7,276,018 Mil. Vingroup JSC's Revenue for the
three
months ended in Mar. 2026 was ₫104,352,018 Mil. Therefore, Vingroup JSC's net margin for the quarter that ended in Mar. 2026 was 6.97%.
The historical rank and industry rank for Vingroup JSC's Net Margin % or its related term are showing as below:
STC:VIC'
s Net Margin % Range Over the Past 10 Years
Min: -2 Med: 4.97 Max: 8.63
Current: 4
STC:VIC's Net Margin % is ranked worse than 60.28% of 1755
companies
in the Real Estate industry
Industry Median: 8.03
vs STC:VIC: 4.00
Vingroup JSC (STC:VIC) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Vingroup JSC Net Margin % Related Terms
Vingroup JSC Net Margin % Historical Data
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The historical data trend for Vingroup JSC's Net 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:VIC vs CBRE, BEKE, CSGP: Net Margin % Comparison
For the Real Estate Services subindustry, Vingroup JSC's Net Margin %, along with its competitors' market caps and Net 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.
Vingroup JSC Net Margin % vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Vingroup JSC's Net Margin % distribution charts can be found below:
* The bar in red indicates where Vingroup JSC's Net 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.
Vingroup JSC (STC:VIC) has a Net Margin % of 6.97% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Vingroup JSC and its competitors. This is 40% above median its historical median of 4.97. According to the industry distribution chart, Vingroup JSC ranks #1058 out of 1755 companies in the Real Estate industry, placing it in the top 60.3%.
Is Vingroup JSC's Net Margin % too high?
Vingroup JSC's current Net Margin % of 6.97% is 40% above median its 10-year median of 4.97. The Real Estate industry median Net Margin % is 8.03. Vingroup JSC's value of 6.97% is 13.2% below this industry median. Based on the distribution chart, Vingroup JSC ranks #1058 out of 1755 companies in the Real Estate industry, which is below the industry midpoint. Overall, Vingroup JSC has a GF Score™ of 82/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Vingroup JSC's Net Margin % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Vingroup JSC ranks #1058 out of 1755 companies for Net Margin %. This places Vingroup JSC in the lower half of its industry. The industry median Net Margin % is 8.03. Vingroup JSC's value of 6.97% is 13.2% below this benchmark. While the company's 10-year median is 4.97 vs. the industry median of 8.03, Vingroup 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 Net Margin % for a Real Estate company?
The median Net Margin % among Real Estate companies is 8.03, based on 1,755 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Vingroup JSC's current Net Margin % of 6.97% is 13.2% 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Vingroup JSC and its competitors. For the Real Estate industry, the median Net Margin % is 8.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vingroup JSC's current Net Margin % is 6.97%, which is 40% above median its own 10-year median of 4.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vingroup JSC stock overvalued right now?
Based on GuruFocus' analysis, Vingroup JSC (STC:VIC) is currently considered Significantly Overvalued. The stock's GF Value™ is ₫58,956.79, compared to a current price of ₫230,500.00 — trading 291% above its estimated fair value. The current Net Margin % is 6.97%, which is 40% above median its 10-year median of 4.97 and 13.2% below the Real Estate industry median of 8.03. Vingroup JSC's overall GF Score™ is 82/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Vingroup JSC (STC:VIC), the current Net Margin % is 6.97% 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 Vingroup JSC (STC:VIC) Overvalued in 2026?
Based on GuruFocus' analysis, Vingroup JSC stock appears to be overvalued.
The current stock price of ₫230,500.00 is trading 291% above its estimated GF Value™ of ₫58,956.79.
GuruFocus considers Vingroup JSC to be Significantly Overvalued.
Key valuation signals for STC:VIC:
Net Margin %: 6.97% (40% above median its 10-year median of 4.97)
GF Value™: ₫58,956.79 vs. price of ₫230,500.00 (291% above fair value)
Industry Position: 13.2% below the Real Estate median (#1058 of 1755)
No single metric tells the full story. See the STC:VIC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Vingroup JSC is a Vietnam-based company engaged in construction and provides retail outlets, commercial offices for lease, residential units for lease and sale. It also carries out investment activities, to provide the management service and to conduct other businesses. The company operates through the segments of Sale of inventory properties, Leasing investment properties and related services, Hospitality, entertainment and other services, Health care and related services, Education services, Retail services, Manufacturing activities, and Others. The company generates the majority of its revenue from Sale of inventory properties including developing and trading apartments and villas at real estate projects of the group.
82GF Score
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Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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