Vietnam Dairy Products JSCSTC:VNM +1.62%85 Return-on-Tangible-Equity is 33.04% as of Mar. 2026, which is 17% below its 10-year median of 39.88. GuruFocus rates STC:VNM with a GF Score™ of 85/100 and a GF Value™ of ₫72,359.34 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,872 Consumer Packaged Goods companies, Vietnam Dairy Products JSC ranks better than 89.74% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Vietnam Dairy Products JSC's annualized net income for the quarter that ended in Mar. 2026 was ₫9,714,879 Mil. Vietnam Dairy Products JSC's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₫29,402,577 Mil. Therefore, Vietnam Dairy Products JSC's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 33.04%.
The historical rank and industry rank for Vietnam Dairy Products JSC's Return-on-Tangible-Equity or its related term are showing as below:
STC:VNM'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 30.06 Med: 39.88 Max: 46.81
Current: 34.06
During the past 13 years, Vietnam Dairy Products JSC's highest Return-on-Tangible-Equity was 46.81%. The lowest was 30.06%. And the median was 39.88%.
STC:VNM's Return-on-Tangible-Equity is ranked better than 89.74% of 1872
companies
in the Consumer Packaged Goods industry
Industry Median: 7.73
vs STC:VNM: 34.06
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Vietnam Dairy Products JSC Return-on-Tangible-Equity Related Terms
Vietnam Dairy Products JSC Return-on-Tangible-Equity 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-Equity Comparison
For the Packaged Foods subindustry, Vietnam Dairy Products JSC's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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-Equity vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Vietnam Dairy Products JSC's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Vietnam Dairy Products JSC's Return-on-Tangible-Equity 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-Equity, the net income of the last fiscal year and the average total shareholder tangible equity 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.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 33.04% mean?
Vietnam Dairy Products JSC (STC:VNM) has a Return-on-Tangible-Equity of 33.04% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Vietnam Dairy Products JSC and its competitors. This is 17% below median its historical median of 39.88. Over the past decade, Vietnam Dairy Products JSC's Return-on-Tangible-Equity has ranged from 30.06 to 46.81. According to the industry distribution chart, Vietnam Dairy Products JSC ranks #192 out of 1872 companies in the Consumer Packaged Goods industry, placing it in the top 10.3%.
Is Vietnam Dairy Products JSC's Return-on-Tangible-Equity too high?
Vietnam Dairy Products JSC's current Return-on-Tangible-Equity of 33.04% is 17% below median its 10-year median of 39.88. Over the past 10 years, this metric has ranged from a low of 30.06 to a high of 46.81. The Consumer Packaged Goods industry median Return-on-Tangible-Equity is 7.73. Vietnam Dairy Products JSC's value of 33.04% is 327.4% above this industry median. Based on the distribution chart, Vietnam Dairy Products JSC ranks #192 out of 1872 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 85/100 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-Equity compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Vietnam Dairy Products JSC ranks #192 out of 1872 companies for Return-on-Tangible-Equity. This places Vietnam Dairy Products JSC in the top 10% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 7.73. Vietnam Dairy Products JSC's value of 33.04% is 327.4% above this benchmark. Historically, Vietnam Dairy Products JSC's own Return-on-Tangible-Equity has ranged from 30.06 to 46.81 over the past decade. While the company's 10-year median is 39.88 vs. the industry median of 7.73, 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-Equity for a Consumer Packaged Goods company?
The median Return-on-Tangible-Equity among Consumer Packaged Goods companies is 7.73, based on 1,872 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity 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-Equity of 33.04% is 327.4% 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 Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Vietnam Dairy Products JSC and its competitors. For the Consumer Packaged Goods industry, the median Return-on-Tangible-Equity is 7.73 — 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-Equity is 33.04%, which is 17% below median its own 10-year median of 39.88. 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 ₫72,359.34, compared to a current price of ₫56,600.00 — trading 21.8% below its estimated fair value. The current Return-on-Tangible-Equity is 33.04%, which is 17% below median its 10-year median of 39.88 and 327.4% above the Consumer Packaged Goods industry median of 7.73. Vietnam Dairy Products JSC's overall GF Score™ is 85/100 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-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Vietnam Dairy Products JSC (STC:VNM), the current Return-on-Tangible-Equity is 33.04% 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 ₫56,600.00 is trading 21.8% below its estimated GF Value™ of ₫72,359.34.
GuruFocus considers Vietnam Dairy Products JSC to be Modestly Undervalued.
Key valuation signals for STC:VNM:
Return-on-Tangible-Equity: 33.04% (17% below median its 10-year median of 39.88)
GF Value™: ₫72,359.34 vs. price of ₫56,600.00 (21.8% below fair value)
Industry Position: 327.4% above the Consumer Packaged Goods median (#192 of 1872)
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.
85GF Score
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