Vietcap Securities JSCSTC:VCI 93 Operating Margin % is 62.77% as of Mar. 2026, which is 3% below its 10-year median of 64.38. GuruFocus rates STC:VCI with a GF Score™ of 93/100 and a GF Value™ of ₫27,246.08 (Modestly Undervalued). The stock has 10 warning signs investors should review. Among 667 Capital Markets companies, Vietcap Securities JSC ranks better than 86.66% on this metric.
Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.
Be Aware
Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).
If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.
For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokias Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).
Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.
Vietcap Securities JSC Operating Margin % Related Terms
Vietcap Securities JSC Operating Margin % Historical Data
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The historical data trend for Vietcap Securities JSC's Operating 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:VCI vs MS, GS, SCHW: Operating Margin % Comparison
For the Capital Markets subindustry, Vietcap Securities JSC's Operating Margin %, along with its competitors' market caps and Operating 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.
Vietcap Securities JSC Operating Margin % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Vietcap Securities JSC's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Vietcap Securities JSC's Operating Margin % falls into.
Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.
Vietcap Securities JSC's Operating Margin % for the fiscal year that ended in Dec. 2025 is calculated as
* 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 (STC:VCI) has a Operating Margin % of 62.77% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Vietcap Securities JSC and its competitors. This is near median its historical median of 64.38. Over the past decade, Vietcap Securities JSC's Operating Margin % has ranged from 54.96 to 74.53. According to the industry distribution chart, Vietcap Securities JSC ranks #89 out of 667 companies in the Capital Markets industry, placing it in the top 13.3%.
Is Vietcap Securities JSC's Operating Margin % too high?
Vietcap Securities JSC's current Operating Margin % of 62.77% is near median its 10-year median of 64.38. Over the past 10 years, this metric has ranged from a low of 54.96 to a high of 74.53. The Capital Markets industry median Operating Margin % is 7.13. Vietcap Securities JSC's value of 62.77% is 780.4% above this industry median. Based on the distribution chart, Vietcap Securities JSC ranks #89 out of 667 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, Vietcap Securities JSC has a GF Score™ of 93/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vietcap Securities JSC's Operating Margin % compare to MS and GS?
According to the Capital Markets industry distribution chart, Vietcap Securities JSC ranks #89 out of 667 companies for Operating Margin %. This places Vietcap Securities JSC in the top 13% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 7.13. Vietcap Securities JSC's value of 62.77% is 780.4% above this benchmark. Historically, Vietcap Securities JSC's own Operating Margin % has ranged from 54.96 to 74.53 over the past decade. While the company's 10-year median is 64.38 vs. the industry median of 7.13, Vietcap Securities 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 Operating Margin % for a Capital Markets company?
The median Operating Margin % among Capital Markets companies is 7.13, based on 667 companies in the industry. Companies in the top quartile (top 25%) have a Operating Margin % significantly above this median, while those in the bottom quartile fall well below. However, Operating Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Vietcap Securities JSC's current Operating Margin % of 62.77% is 780.4% 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 Operating Margin % mean?
A high Operating Margin % can signal that a stock is expensive relative to its fundamentals. Operating margin is the ratio of total operating income to net sales. View historical data on Vietcap Securities JSC and its competitors. For the Capital Markets industry, the median Operating Margin % is 7.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vietcap Securities JSC's current Operating Margin % is 62.77%, which is near median its own 10-year median of 64.38. 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 ₫27,246.08, compared to a current price of ₫24,050.00 — trading 11.7% below its estimated fair value. The current Operating Margin % is 62.77%, which is near median its 10-year median of 64.38 and 780.4% above the Capital Markets industry median of 7.13. Vietcap Securities JSC's overall GF Score™ is 93/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Margin % calculated?
Operating Margin % is calculated from a company's financial statements. For Vietcap Securities JSC (STC:VCI), the current Operating Margin % is 62.77% 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 ₫24,050.00 is trading 11.7% below its estimated GF Value™ of ₫27,246.08.
GuruFocus considers Vietcap Securities JSC to be Modestly Undervalued.
Key valuation signals for STC:VCI:
Operating Margin %: 62.77% (near median its 10-year median of 64.38)
GF Value™: ₫27,246.08 vs. price of ₫24,050.00 (11.7% below fair value)
Industry Position: 780.4% above the Capital Markets median (#89 of 667)
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 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.
93GF Score
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