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Vietnam Dairy Products JSCSTC:VNM +1.90%84 Return-on-Tangible-Asset is 18.68% as of Mar. 2026, which is 22% below its 10-year median of 24.03. GuruFocus rates STC:VNM with a GF Score™ of 84/100 and a GF Value™ of ₫72,657.70 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,994 Consumer Packaged Goods companies, Vietnam Dairy Products JSC ranks better than 95.39% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Vietnam Dairy Products JSC's annualizedNet Income for the quarter that ended in Mar. 2026 was ₫9,714,879 Mil. Vietnam Dairy Products JSC's average total tangible assets for the quarter that ended in Mar. 2026 was ₫51,997,306 Mil. Therefore, Vietnam Dairy Products JSC's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 18.68%.
The historical rank and industry rank for Vietnam Dairy Products JSC's Return-on-Tangible-Asset or its related term are showing as below:
STC:VNM'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 17.83 Med: 24.03 Max: 33.8
Current: 19.57
During the past 13 years, Vietnam Dairy Products JSC's highest Return-on-Tangible-Asset was 33.80%. The lowest was 17.83%. And the median was 24.03%.
STC:VNM's Return-on-Tangible-Asset is ranked better than 95.39% of 1994
companies
in the Consumer Packaged Goods industry
Industry Median: 3.47
vs STC:VNM: 19.57
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
Vietnam Dairy Products JSC Return-on-Tangible-Asset Related Terms
Vietnam Dairy Products JSC Return-on-Tangible-Asset 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.
STC:VNM vs KHC, GIS: Return-on-Tangible-Asset Comparison
For the Packaged Foods subindustry, Vietnam Dairy Products JSC's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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 Dairy Products JSC Return-on-Tangible-Asset vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Vietnam Dairy Products JSC's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Vietnam Dairy Products JSC's Return-on-Tangible-Asset 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.
In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 18.68% mean?
Vietnam Dairy Products JSC (STC:VNM) has a Return-on-Tangible-Asset of 18.68% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Vietnam Dairy Products JSC and its competitors. This is 22% below median its historical median of 24.03. Over the past decade, Vietnam Dairy Products JSC's Return-on-Tangible-Asset has ranged from 17.83 to 33.80. According to the industry distribution chart, Vietnam Dairy Products JSC ranks #92 out of 1994 companies in the Consumer Packaged Goods industry, placing it in the top 4.6%.
Is Vietnam Dairy Products JSC's Return-on-Tangible-Asset too high?
Vietnam Dairy Products JSC's current Return-on-Tangible-Asset of 18.68% is 22% below median its 10-year median of 24.03. Over the past 10 years, this metric has ranged from a low of 17.83 to a high of 33.80. The Consumer Packaged Goods industry median Return-on-Tangible-Asset is 3.47. Vietnam Dairy Products JSC's value of 18.68% is 438.3% above this industry median. Based on the distribution chart, Vietnam Dairy Products JSC ranks #92 out of 1994 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Vietnam Dairy Products JSC has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vietnam Dairy Products JSC's Return-on-Tangible-Asset compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Vietnam Dairy Products JSC ranks #92 out of 1994 companies for Return-on-Tangible-Asset. This places Vietnam Dairy Products JSC in the top 5% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.47. Vietnam Dairy Products JSC's value of 18.68% is 438.3% above this benchmark. Historically, Vietnam Dairy Products JSC's own Return-on-Tangible-Asset has ranged from 17.83 to 33.80 over the past decade. While the company's 10-year median is 24.03 vs. the industry median of 3.47, Vietnam Dairy Products 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 Return-on-Tangible-Asset for a Consumer Packaged Goods company?
The median Return-on-Tangible-Asset among Consumer Packaged Goods companies is 3.47, based on 1,994 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Vietnam Dairy Products JSC's current Return-on-Tangible-Asset of 18.68% is 438.3% 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 Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Vietnam Dairy Products JSC and its competitors. For the Consumer Packaged Goods industry, the median Return-on-Tangible-Asset is 3.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vietnam Dairy Products JSC's current Return-on-Tangible-Asset is 18.68%, which is 22% below median its own 10-year median of 24.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vietnam Dairy Products JSC stock overvalued right now?
Based on GuruFocus' analysis, Vietnam Dairy Products JSC (STC:VNM) is currently considered Modestly Undervalued. The stock's GF Value™ is ₫72,657.70, compared to a current price of ₫58,900.00 — trading 18.9% below its estimated fair value. The current Return-on-Tangible-Asset is 18.68%, which is 22% below median its 10-year median of 24.03 and 438.3% above the Consumer Packaged Goods industry median of 3.47. Vietnam Dairy Products JSC's overall GF Score™ is 84/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Vietnam Dairy Products JSC (STC:VNM), the current Return-on-Tangible-Asset is 18.68% 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 Vietnam Dairy Products JSC (STC:VNM) Overvalued in 2026?
Based on GuruFocus' analysis, Vietnam Dairy Products JSC stock appears to be undervalued.
The current stock price of ₫58,900.00 is trading 18.9% below its estimated GF Value™ of ₫72,657.70.
GuruFocus considers Vietnam Dairy Products JSC to be Modestly Undervalued.
Key valuation signals for STC:VNM:
Return-on-Tangible-Asset: 18.68% (22% below median its 10-year median of 24.03)
GF Value™: ₫72,657.70 vs. price of ₫58,900.00 (18.9% below fair value)
Industry Position: 438.3% above the Consumer Packaged Goods median (#92 of 1994)
No single metric tells the full story. See the STC:VNM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Vietnam Dairy Products JSC is a Vietnam-based company engaged in providing milk and dairy products. It manufactures and distributes milk cake, soya milk, fresh milk, refreshment drinks, bottled milk, powdered milk, nutritious powder, and other products from milk. It trades processed foods, spare parts and accessories, materials, and chemical substances. The company is also involved in the manufacture, sale, and distribution of beverages, grocery and processing foods, and roasted-ground filtered and instant coffee. In addition, it is involved in trading in houses, brokerage, and leasing of real estate as well as warehousing, loading, and transportation services amongst others.
84GF Score
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Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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