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Vietnam Apatite - Phosphorus JSCHSTC:PAT -0.46%67 Owner Earnings per Share (TTM) is 15,847.33 as of Dec. 2025, which is 365046% above its 10-year median of 4.34. GuruFocus rates HSTC:PAT with a GF Score™ of 67/100 and a GF Value™ of ₫98,274.57 (Significantly Undervalued). The stock has 6 warning signs investors should review. Among 697 Chemicals companies, Vietnam Apatite - Phosphorus JSC ranks better than 93.69% on this metric.
"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."
Vietnam Apatite - Phosphorus JSC's Owner Earnings per Share (TTM) ended in Dec. 2025 was ₫15,847.33. It's Price-to-Owner-Earnings ratio for today is 4.13.
The historical rank and industry rank for Vietnam Apatite - Phosphorus JSC's Owner Earnings per Share (TTM) or its related term are showing as below:
HSTC:PAT'
s Price-to-Owner-Earnings Range Over the Past 10 Years
Min: 3.92 Med: 4.34 Max: 5.5
Current: 4.11
Assumption: Companies usually do not report maintenance capital expenditures and growth capital expenditures separately. Here we use estimated numbers and average them over 5 years. The method to estimate maintenance capital expenditures can be found in above part 4.
Note: GuruFocus' Change In Working Capital is provided by Morningstar. It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement from original financial report. And it includes non-current parts of assets and liabilities.
Vietnam Apatite - Phosphorus JSC Owner Earnings per Share (TTM) Related Terms
Vietnam Apatite - Phosphorus JSC Owner Earnings per Share (TTM) 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.
HSTC:PAT vs DOW: Owner Earnings per Share (TTM) Comparison
For the Chemicals subindustry, Vietnam Apatite - Phosphorus JSC's Price-to-Owner-Earnings, along with its competitors' market caps and Price-to-Owner-Earnings 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.
Vietnam Apatite - Phosphorus JSC Price-to-Owner-Earnings vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Vietnam Apatite - Phosphorus JSC's Price-to-Owner-Earnings distribution charts can be found below:
* The bar in red indicates where Vietnam Apatite - Phosphorus JSC's Price-to-Owner-Earnings falls into.
"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume. (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."
3. Other non-cash charges usually include "Stock Based Compensation" and "Change In Deferred Tax":
However, to be conservative, GuruFocus will not add Stock Based Compensation back to net income.
Vietnam Apatite - Phosphorus JSC's Change In Deferred Tax for the trailing twelve months (TTM) ended in Dec. 2025 was ₫0 Mil.
4. Average maintenance capital expenditure over a business/industry cycle: 5-Year Average Maintenance Capital Expenditure = ₫9,121 Mil
It is usually best to take a long-term average of maintenance capital expenditure. Ideally this would be as long as 10 years and include at least one economic downturn. However, since many companies do not have as long as 10-year history, here GuruFocus uses the latest 5 years data to do the calculation. To smooth out unusual years but reflect recent developments, we take an average of the 5 year maintenance capital expenditure.
The following shows how to get maintenance capital expenditure.
First, calculate the revenue change regarding to the previous year. If the revenue decreased from the previous year, then the Maintenance Capital Expenditure = Capital Expenditure (positive).
Second, if the revenue increased from the previous year, then calculate the percentage of Net PPE as of corresponding Revenue.
Growth Capital Expenditure = Percentage of Property, Plant and Equipment as of corresponding Revenue * Revenue Increase
Third, calculate Capital Expenditure (positive) - Growth Capital Expenditure.
If [Capital Expenditure (positive) - Growth Capital Expenditure] was negative, then the Maintenance Capital Expenditure = Capital Expenditure (positive).
If [Capital Expenditure (positive) - Growth Capital Expenditure] was positive, then the Maintenance Capital Expenditure = Capital Expenditure (positive) - Growth Capital Expenditure.
Fourth, get the average of the 5 years maintenance capital expenditure.
Vietnam Apatite - Phosphorus JSC's 5-Year Average Maintenance Capital Expenditure = ₫9,121 Mil
5. "Change In Working Capital" is from cashflow statement. Vietnam Apatite - Phosphorus JSC's Change In Working Capital for the trailing twelve months (TTM) ended in Dec. 2025 was ₫17,274 Mil.
Note: GuruFocus' Change in Working Capital is provided by Morningstar. It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement from original financial report. And sometimes it includes non-current parts of assets and liabilities.
* 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 Owner Earnings per Share (TTM) of 15,847.33 mean?
Vietnam Apatite - Phosphorus JSC (HSTC:PAT) has a Owner Earnings per Share (TTM) of 15,847.33 as of Dec. 2025. Warren Buffett defined owner earnings as reported earnings plus depreciation less average maintenance capital expenditure. View historical data on Vietnam Apatite - Phosphorus JSC. This is 365046% above median its historical median of 4.34. Over the past decade, Vietnam Apatite - Phosphorus JSC's Owner Earnings per Share (TTM) has ranged from 3.92 to 5.50. According to the industry distribution chart, Vietnam Apatite - Phosphorus JSC ranks #44 out of 697 companies in the Chemicals industry, placing it in the top 6.3%.
Is Vietnam Apatite - Phosphorus JSC's Owner Earnings per Share (TTM) too high?
Vietnam Apatite - Phosphorus JSC's current Owner Earnings per Share (TTM) of 15,847.33 is 365046% above median its 10-year median of 4.34. Over the past 10 years, this metric has ranged from a low of 3.92 to a high of 5.50. The Chemicals industry median Owner Earnings per Share (TTM) is 21.27. Vietnam Apatite - Phosphorus JSC's value of 15,847.33 is 74405.5% above this industry median. Based on the distribution chart, Vietnam Apatite - Phosphorus JSC ranks #44 out of 697 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Vietnam Apatite - Phosphorus JSC has a GF Score™ of 67/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vietnam Apatite - Phosphorus JSC's Owner Earnings per Share (TTM) compare to DOW?
According to the Chemicals industry distribution chart, Vietnam Apatite - Phosphorus JSC ranks #44 out of 697 companies for Owner Earnings per Share (TTM). This places Vietnam Apatite - Phosphorus JSC in the top 6% of its industry — outperforming the majority of peers. The industry median Owner Earnings per Share (TTM) is 21.27. Vietnam Apatite - Phosphorus JSC's value of 15,847.33 is 74405.5% above this benchmark. Historically, Vietnam Apatite - Phosphorus JSC's own Owner Earnings per Share (TTM) has ranged from 3.92 to 5.50 over the past decade. While the company's 10-year median is 4.34 vs. the industry median of 21.27, Vietnam Apatite - Phosphorus 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 Owner Earnings per Share (TTM) for a Chemicals company?
The median Owner Earnings per Share (TTM) among Chemicals companies is 21.27, based on 697 companies in the industry. Companies in the top quartile (top 25%) have a Owner Earnings per Share (TTM) significantly above this median, while those in the bottom quartile fall well below. However, Owner Earnings per Share (TTM) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Vietnam Apatite - Phosphorus JSC's current Owner Earnings per Share (TTM) of 15,847.33 is 74405.5% 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 Owner Earnings per Share (TTM) mean?
A high Owner Earnings per Share (TTM) can signal that a stock is expensive relative to its fundamentals. Warren Buffett defined owner earnings as reported earnings plus depreciation less average maintenance capital expenditure. View historical data on Vietnam Apatite - Phosphorus JSC. For the Chemicals industry, the median Owner Earnings per Share (TTM) is 21.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vietnam Apatite - Phosphorus JSC's current Owner Earnings per Share (TTM) is 15,847.33, which is 365046% above median its own 10-year median of 4.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vietnam Apatite - Phosphorus JSC stock overvalued right now?
Based on GuruFocus' analysis, Vietnam Apatite - Phosphorus JSC (HSTC:PAT) is currently considered Significantly Undervalued. The stock's GF Value™ is ₫98,274.57, compared to a current price of ₫65,500.00 — trading 33.4% below its estimated fair value. The current Owner Earnings per Share (TTM) is 15,847.33, which is 365046% above median its 10-year median of 4.34 and 74405.5% above the Chemicals industry median of 21.27. Vietnam Apatite - Phosphorus JSC's overall GF Score™ is 67/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Owner Earnings per Share (TTM) calculated?
Owner Earnings per Share (TTM) is calculated from a company's financial statements. For Vietnam Apatite - Phosphorus JSC (HSTC:PAT), the current Owner Earnings per Share (TTM) is 15,847.33 as of Dec. 2025. 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 Vietnam Apatite - Phosphorus JSC (HSTC:PAT) Overvalued in 2026?
Based on GuruFocus' analysis, Vietnam Apatite - Phosphorus JSC stock appears to be undervalued.
The current stock price of ₫65,500.00 is trading 33.4% below its estimated GF Value™ of ₫98,274.57.
GuruFocus considers Vietnam Apatite - Phosphorus JSC to be Significantly Undervalued.
Key valuation signals for HSTC:PAT:
Owner Earnings per Share (TTM): 15,847.33 (365046% above median its 10-year median of 4.34)
GF Value™: ₫98,274.57 vs. price of ₫65,500.00 (33.4% below fair value)
Industry Position: 74405.5% above the Chemicals median (#44 of 697)
No single metric tells the full story. See the HSTC:PAT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Vietnam Apatite - Phosphorus JSC engages in the production, processing, and sale of yellow phosphorus and other products derived from yellow phosphorus and apatite, Phosphoric acid. Its product offerings comprise Industrial Phosphoric Acid, Apatite Ore, and Yellow phosphorus.
67GF Score
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