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ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Viet Nam Steel's annualizedNet Income for the quarter that ended in Mar. 2026 was ₫652,330 Mil.
Viet Nam Steel's average Total Assets over the quarter that ended in Mar. 2026 was ₫28,046,958 Mil. Therefore, Viet Nam Steel's annualized ROA % for the quarter that ended in Mar. 2026 was 2.33%.
The historical rank and industry rank for Viet Nam Steel's ROA % or its related term are showing as below:
HSTC:TVN'
s ROA % Range Over the Past 10 Years
Min: -3.04 Med: 1.76 Max: 2.92
Current: 2.15
During the past 8 years, Viet Nam Steel's highest ROA % was 2.92%. The lowest was -3.04%. And the median was 1.76%.
HSTC:TVN's ROA % is ranked better than 51.58% of 634
companies
in the Steel industry
Industry Median: 1.93
vs HSTC:TVN: 2.15
Viet Nam Steel (HSTC:TVN) ROA % Explanation
ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A banks ROA % is typically well under 2%.
Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:
Note:
The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue 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.
Be Aware
Like ROE, ROA % 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. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % 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 ROA % may indicate vulnerability in the durability of the competitive advantage.
E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.
Viet Nam Steel ROA % Related Terms
Viet Nam Steel ROA % Historical Data
* Premium members only.
The historical data trend for Viet Nam Steel's ROA % 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.
For the Steel subindustry, Viet Nam Steel's ROA %, along with its competitors' market caps and ROA % 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.
Viet Nam Steel ROA % vs Steel Industry
For the Steel industry and Basic Materials sector, Viet Nam Steel's ROA % distribution charts can be found below:
* The bar in red indicates where Viet Nam Steel's ROA % 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 ROA %, the net income of the last fiscal year and the average total 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.
ROA % is displayed in the 30-year financial page.
Viet Nam Steel (HSTC:TVN) has a ROA % of 2.33% as of Mar. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Viet Nam Steel and its competitors. This is 32% above median its historical median of 1.76. According to the industry distribution chart, Viet Nam Steel ranks #307 out of 634 companies in the Steel industry, placing it in the top 48.4%.
Is Viet Nam Steel's ROA % too high?
Viet Nam Steel's current ROA % of 2.33% is 32% above median its 10-year median of 1.76. The Steel industry median ROA % is 1.93. Viet Nam Steel's value of 2.33% is 20.7% above this industry median. Based on the distribution chart, Viet Nam Steel ranks #307 out of 634 companies in the Steel industry, which is above the industry midpoint. Overall, Viet Nam Steel has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Viet Nam Steel's ROA % compare to NUE and STLD?
According to the Steel industry distribution chart, Viet Nam Steel ranks #307 out of 634 companies for ROA %. This puts Viet Nam Steel in the upper half of its industry. The industry median ROA % is 1.93. Viet Nam Steel's value of 2.33% is 20.7% above this benchmark. While the company's 10-year median is 1.76 vs. the industry median of 1.93, Viet Nam Steel 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 ROA % for a Steel company?
The median ROA % among Steel companies is 1.93, based on 634 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Viet Nam Steel's current ROA % of 2.33% is 20.7% 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 ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Viet Nam Steel and its competitors. For the Steel industry, the median ROA % is 1.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Viet Nam Steel's current ROA % is 2.33%, which is 32% above median its own 10-year median of 1.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Viet Nam Steel stock overvalued right now?
Based on GuruFocus' analysis, Viet Nam Steel (HSTC:TVN) is currently considered Fairly Valued. The stock's GF Value™ is ₫10,506.30, compared to a current price of ₫10,600.00 — trading 0.9% above its estimated fair value. The current ROA % is 2.33%, which is 32% above median its 10-year median of 1.76 and 20.7% above the Steel industry median of 1.93. Viet Nam Steel's overall GF Score™ is 72/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For Viet Nam Steel (HSTC:TVN), the current ROA % is 2.33% 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 Viet Nam Steel (HSTC:TVN) Overvalued in 2026?
Based on GuruFocus' analysis, Viet Nam Steel stock appears to be overvalued.
The current stock price of ₫10,600.00 is trading 0.9% above its estimated GF Value™ of ₫10,506.30.
GuruFocus considers Viet Nam Steel to be Fairly Valued.
Key valuation signals for HSTC:TVN:
ROA %: 2.33% (32% above median its 10-year median of 1.76)
GF Value™: ₫10,506.30 vs. price of ₫10,600.00 (0.9% above fair value)
Industry Position: 20.7% above the Steel median (#307 of 634)
No single metric tells the full story. See the HSTC:TVN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Viet Nam Steel Corp is engaged units in the steel production and metal trading industry. The Corporation's main mission is to build and develop a multi-sector business model with the core activity being the production and trading of steel products.
72GF Score
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ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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