Vinpearl JSC (STC:VPL) Return-on-Tangible-Asset: 7.21% (As of Mar. 2026) — 185% Above Median

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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

STC:VPL Vinpearl JSC STC:VPL
37 GF Score
Price ₫74,500.00
! 4 Warning Signs
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What is Vinpearl JSC Return-on-Tangible-Asset?

Vinpearl JSC STC:VPL -0.53% 37 Return-on-Tangible-Asset is 7.21% as of Mar. 2026, which is 185% above its 10-year median of 2.53. GuruFocus rates STC:VPL with a GF Score™ of 37/100. The stock has 4 warning signs investors should review. Among 854 Travel & Leisure companies, Vinpearl JSC ranks better than 52.58% 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. Vinpearl JSC's annualized Net Income for the quarter that ended in Mar. 2026 was ₫6,032,332 Mil. Vinpearl JSC's average total tangible assets for the quarter that ended in Mar. 2026 was ₫83,652,554 Mil. Therefore, Vinpearl JSC's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 7.21%.

The historical rank and industry rank for Vinpearl JSC's Return-on-Tangible-Asset or its related term are showing as below:

STC:VPL' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.45   Med: 2.53   Max: 3.61
Current: 3.16

During the past 2 years, Vinpearl JSC's highest Return-on-Tangible-Asset was 3.61%. The lowest was 1.45%. And the median was 2.53%.

STC:VPL's Return-on-Tangible-Asset is ranked better than
52.58% of 854 companies
in the Travel & Leisure industry
Industry Median: 2.74 vs STC:VPL: 3.16

Vinpearl JSC  (STC:VPL) Return-on-Tangible-Asset Explanation

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 company’s 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 company’s 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.


Vinpearl JSC Return-on-Tangible-Asset Related Terms


Vinpearl JSC Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Vinpearl JSC's Return-on-Tangible-Asset 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.

Vinpearl JSC Return-on-Tangible-Asset Chart

Vinpearl JSC Annual Data
Trend Dec24 Dec25
Return-on-Tangible-Asset
3.61 1.45

Vinpearl JSC Quarterly Data
Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Return-on-Tangible-Asset Get a 7-Day Free Trial 0.51 0.93 0.87 3.42 7.21

STC:VPL vs LVS, MGM, WYNN: Return-on-Tangible-Asset Comparison

For the Resorts & Casinos subindustry, Vinpearl 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.


Vinpearl JSC Return-on-Tangible-Asset vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Vinpearl JSC's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Vinpearl JSC's Return-on-Tangible-Asset falls into.


STC:VPL
37GF Score
Vinpearl JSC STC:VPL
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vinpearl JSC Return-on-Tangible-Asset Calculation

Vinpearl JSC's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=1101566/( (70644369+81494644)/ 2 )
=1101566/76069506.5
=1.45 %

Vinpearl JSC's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=6032332/( (81494644+85810463)/ 2 )
=6032332/83652553.5
=7.21 %

* 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 7.21% mean?
Vinpearl JSC (STC:VPL) has a Return-on-Tangible-Asset of 7.21% 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 Vinpearl JSC and its competitors. This is 185% above median its historical median of 2.53. Over the past decade, Vinpearl JSC's Return-on-Tangible-Asset has ranged from 1.45 to 3.61. According to the industry distribution chart, Vinpearl JSC ranks #405 out of 854 companies in the Travel & Leisure industry, placing it in the top 47.4%.
Is Vinpearl JSC's Return-on-Tangible-Asset too high?
Vinpearl JSC's current Return-on-Tangible-Asset of 7.21% is 185% above median its 10-year median of 2.53. Over the past 10 years, this metric has ranged from a low of 1.45 to a high of 3.61. The Travel & Leisure industry median Return-on-Tangible-Asset is 2.74. Vinpearl JSC's value of 7.21% is 163.1% above this industry median. Based on the distribution chart, Vinpearl JSC ranks #405 out of 854 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Vinpearl JSC has a GF Score™ of 37/100, reflecting its overall financial health beyond just this single metric.
How does Vinpearl JSC's Return-on-Tangible-Asset compare to LVS and MGM?
According to the Travel & Leisure industry distribution chart, Vinpearl JSC ranks #405 out of 854 companies for Return-on-Tangible-Asset. This puts Vinpearl JSC in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.74. Vinpearl JSC's value of 7.21% is 163.1% above this benchmark. Historically, Vinpearl JSC's own Return-on-Tangible-Asset has ranged from 1.45 to 3.61 over the past decade. While the company's 10-year median is 2.53 vs. the industry median of 2.74, Vinpearl 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 Travel & Leisure company?
The median Return-on-Tangible-Asset among Travel & Leisure companies is 2.74, based on 854 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. Vinpearl JSC's current Return-on-Tangible-Asset of 7.21% is 163.1% 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 Vinpearl JSC and its competitors. For the Travel & Leisure industry, the median Return-on-Tangible-Asset is 2.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vinpearl JSC's current Return-on-Tangible-Asset is 7.21%, which is 185% above median its own 10-year median of 2.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vinpearl JSC stock overvalued right now?
Vinpearl JSC (STC:VPL) has a current Return-on-Tangible-Asset of 7.21%. The current Return-on-Tangible-Asset is 7.21%, which is 185% above median its 10-year median of 2.53 and 163.1% above the Travel & Leisure industry median of 2.74. Vinpearl JSC's overall GF Score™ is 37/100 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 Vinpearl JSC (STC:VPL), the current Return-on-Tangible-Asset is 7.21% 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.

Vinpearl JSC Business Description

Address Nha Trang Ward, Hon Tre Island, Khanh Hoa Province, Nha Trang, VNM
Vinpearl JSC, along with its subsidiaries, provides short-term accommodation services including hotel business and hotel services, amusement and recreation services, domestic travel, passenger transport, restaurant and catering business, construction investment, and real estate business. It operates various hotels and resorts across Vietnam, including Hon Tam Resort, Vinepearl Resort Nha Trang, Vinepearl Wonderworld Phu Quoc, Vinepearl Cua Sot Resort, and others. The Group's operating business segments are: Business services, hotel tourism, entertainment, and related services, which derive maximum revenue; and Real estate leasing and transfer business. Geographically, it operates only in Vietnam.
37GF Score

Get the complete analysis for STC:VPL

Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₫74,500.00
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