ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Viet Nam Airlines JSC's annualizedNet Income for the quarter that ended in Mar. 2026 was ₫17,552,047 Mil.
Viet Nam Airlines JSC's average Total Assets over the quarter that ended in Mar. 2026 was ₫76,119,226 Mil. Therefore, Viet Nam Airlines JSC's annualized ROA % for the quarter that ended in Mar. 2026 was 23.06%.
The historical rank and industry rank for Viet Nam Airlines JSC's ROA % or its related term are showing as below:
STC:HVN'
s ROA % Range Over the Past 10 Years
Min: -20.55 Med: -3.6 Max: 13.05
Current: 11.86
During the past 8 years, Viet Nam Airlines JSC's highest ROA % was 13.05%. The lowest was -20.55%. And the median was -3.60%.
STC:HVN's ROA % is ranked better than 90.64% of 1015
companies
in the Transportation industry
Industry Median: 3.45
vs STC:HVN: 11.86
Viet Nam Airlines JSC (STC:HVN) 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.
* 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 Airlines subindustry, Viet Nam Airlines JSC'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 Airlines JSC ROA % vs Transportation Industry
For the Transportation industry and Industrials sector, Viet Nam Airlines JSC's ROA % distribution charts can be found below:
* The bar in red indicates where Viet Nam Airlines JSC'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 Airlines JSC (STC:HVN) has a ROA % of 23.06% 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 Airlines JSC and its competitors. According to the industry distribution chart, Viet Nam Airlines JSC ranks #95 out of 1015 companies in the Transportation industry, placing it in the top 9.4%.
Is Viet Nam Airlines JSC's ROA % too high?
Viet Nam Airlines JSC's current ROA % is 23.06%. The Transportation industry median ROA % is 3.45. Viet Nam Airlines JSC's value of 23.06% is 568.4% above this industry median. Based on the distribution chart, Viet Nam Airlines JSC ranks #95 out of 1015 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Viet Nam Airlines JSC has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Viet Nam Airlines JSC's ROA % compare to DAL and UAL?
According to the Transportation industry distribution chart, Viet Nam Airlines JSC ranks #95 out of 1015 companies for ROA %. This places Viet Nam Airlines JSC in the top 9% of its industry — outperforming the majority of peers. The industry median ROA % is 3.45. Viet Nam Airlines JSC's value of 23.06% is 568.4% above this benchmark. 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 Transportation company?
The median ROA % among Transportation companies is 3.45, based on 1,015 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 Airlines JSC's current ROA % of 23.06% is 568.4% 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 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 Airlines JSC and its competitors. For the Transportation industry, the median ROA % is 3.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Viet Nam Airlines JSC's current ROA % is 23.06%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Viet Nam Airlines JSC stock overvalued right now?
Based on GuruFocus' analysis, Viet Nam Airlines JSC (STC:HVN) is currently considered Fairly Valued. The stock's GF Value™ is ₫22,191.50, compared to a current price of ₫23,000.00 — trading 3.6% above its estimated fair value. The current ROA % is 23.06% and 568.4% above the Transportation industry median of 3.45. Viet Nam Airlines JSC's overall GF Score™ is 79/100 with 3 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 Airlines JSC (STC:HVN), the current ROA % is 23.06% 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 Airlines JSC (STC:HVN) Overvalued in 2026?
Based on GuruFocus' analysis, Viet Nam Airlines JSC stock appears to be overvalued.
The current stock price of ₫23,000.00 is trading 3.6% above its estimated GF Value™ of ₫22,191.50.
GuruFocus considers Viet Nam Airlines JSC to be Fairly Valued.
Key valuation signals for STC:HVN:
ROA %: 23.06%
GF Value™: ₫22,191.50 vs. price of ₫23,000.00 (3.6% above fair value)
Industry Position: 568.4% above the Transportation median (#95 of 1015)
No single metric tells the full story. See the STC:HVN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Viet Nam Airlines JSC is an airline service provider in Vietnam. The company provides air transportation of passengers, air transportation of luggage, cargos, parcels, postal items and mails and activities of general aviation including aerial photography of the terrain, geological surveys and flight calibration of air stations among others.
79GF Score
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