Vinhomes JSC (STC:VHM) ROA %: 12.33% (As of Mar. 2026) — 27% Above Median


STC:VHM Vinhomes JSC STC:VHM
89 GF Score
Price ₫156,000.00
GF Value ₫110,832.99
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Vinhomes JSC ROA %?

Vinhomes JSC STC:VHM 89 ROA % is 12.33% as of Mar. 2026, which is 27% above its 10-year median of 9.73. GuruFocus rates STC:VHM with a GF Score™ of 89/100 and a GF Value™ of ₫110,832.99 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,801 Real Estate companies, Vinhomes JSC ranks better than 91.06% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Vinhomes JSC's annualized Net Income for the quarter that ended in Mar. 2026 was ₫102,207,784 Mil. Vinhomes JSC's average Total Assets over the quarter that ended in Mar. 2026 was ₫828,915,885 Mil. Therefore, Vinhomes JSC's annualized ROA % for the quarter that ended in Mar. 2026 was 12.33%.

The historical rank and industry rank for Vinhomes JSC's ROA % or its related term are showing as below:

STC:VHM' s ROA % Range Over the Past 10 Years
Min: 2.75   Med: 9.73   Max: 17.39
Current: 8.78

During the past 9 years, Vinhomes JSC's highest ROA % was 17.39%. The lowest was 2.75%. And the median was 9.73%.

STC:VHM's ROA % is ranked better than
91.06% of 1801 companies
in the Real Estate industry
Industry Median: 1.7 vs STC:VHM: 8.78

Vinhomes JSC  (STC:VHM) 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 bank’s 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:

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=102207784/828915885
=(Net Income / Revenue)*(Revenue / Total Assets)
=(102207784 / 260456948)*(260456948 / 828915885)
=Net Margin %*Asset Turnover
=39.24 %*0.3142
=12.33 %

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.


Vinhomes JSC ROA % Related Terms


Vinhomes JSC ROA % Historical Data

* Premium members only.

The historical data trend for Vinhomes JSC'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.

Vinhomes JSC ROA % Chart

Vinhomes JSC Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROA %
Get a 7-Day Free Trial Premium Member Only 17.39 9.73 8.28 6.30 6.20

Vinhomes JSC Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROA % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.91 4.95 2.35 13.74 12.33

Vinhomes JSC ROA % Competitor Comparison

For the Real Estate - Development subindustry, Vinhomes 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.


Vinhomes JSC ROA % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Vinhomes JSC's ROA % distribution charts can be found below:

* The bar in red indicates where Vinhomes JSC's ROA % falls into.


STC:VHM
89GF Score
Vinhomes JSC STC:VHM
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vinhomes JSC ROA % Calculation

Vinhomes JSC's annualized ROA % for the fiscal year that ended in Dec. 2025 is calculated as:

ROA %=Net Income (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=41895255/( (564209360+787857267)/ 2 )
=41895255/676033313.5
=6.20 %

Vinhomes JSC's annualized ROA % for the quarter that ended in Mar. 2026 is calculated as:

ROA %=Net Income (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=102207784/( (787857267+869974503)/ 2 )
=102207784/828915885
=12.33 %

* 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.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of 12.33% mean?
Vinhomes JSC (STC:VHM) has a ROA % of 12.33% 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 Vinhomes JSC and its competitors. This is 27% above median its historical median of 9.73. Over the past decade, Vinhomes JSC's ROA % has ranged from 2.75 to 17.39. According to the industry distribution chart, Vinhomes JSC ranks #161 out of 1801 companies in the Real Estate industry, placing it in the top 8.9%.
Is Vinhomes JSC's ROA % too high?
Vinhomes JSC's current ROA % of 12.33% is 27% above median its 10-year median of 9.73. Over the past 10 years, this metric has ranged from a low of 2.75 to a high of 17.39. The Real Estate industry median ROA % is 1.70. Vinhomes JSC's value of 12.33% is 625.3% above this industry median. Based on the distribution chart, Vinhomes JSC ranks #161 out of 1801 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Vinhomes JSC has a GF Score™ of 89/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Vinhomes JSC's ROA % compare to competitors?
According to the Real Estate industry distribution chart, Vinhomes JSC ranks #161 out of 1801 companies for ROA %. This places Vinhomes JSC in the top 9% of its industry — outperforming the majority of peers. The industry median ROA % is 1.70. Vinhomes JSC's value of 12.33% is 625.3% above this benchmark. Historically, Vinhomes JSC's own ROA % has ranged from 2.75 to 17.39 over the past decade. While the company's 10-year median is 9.73 vs. the industry median of 1.70, Vinhomes 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 ROA % for a Real Estate company?
The median ROA % among Real Estate companies is 1.70, based on 1,801 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. Vinhomes JSC's current ROA % of 12.33% is 625.3% 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 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 Vinhomes JSC and its competitors. For the Real Estate industry, the median ROA % is 1.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vinhomes JSC's current ROA % is 12.33%, which is 27% above median its own 10-year median of 9.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vinhomes JSC stock overvalued right now?
Based on GuruFocus' analysis, Vinhomes JSC (STC:VHM) is currently considered Significantly Overvalued. The stock's GF Value™ is ₫110,832.99, compared to a current price of ₫156,000.00 — trading 40.8% above its estimated fair value. The current ROA % is 12.33%, which is 27% above median its 10-year median of 9.73 and 625.3% above the Real Estate industry median of 1.70. Vinhomes JSC's overall GF Score™ is 89/100 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 Vinhomes JSC (STC:VHM), the current ROA % is 12.33% 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 Vinhomes JSC (STC:VHM) Overvalued in 2026?

Based on GuruFocus' analysis, Vinhomes JSC stock appears to be overvalued. The current stock price of ₫156,000.00 is trading 40.8% above its estimated GF Value™ of ₫110,832.99. GuruFocus considers Vinhomes JSC to be Significantly Overvalued.

Key valuation signals for STC:VHM:

  • ROA %: 12.33% (27% above median its 10-year median of 9.73)
  • GF Value™: ₫110,832.99 vs. price of ₫156,000.00 (40.8% above fair value)
  • GF Score™: 89/100 with 7 warning signs
  • Industry Position: 625.3% above the Real Estate median (#161 of 1801)

No single metric tells the full story. See the STC:VHM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Vinhomes JSC Business Description

Address Chu Huy Man Street, Vinhomes Riverside Area, Symphony Office Building, Phuc Loi Ward, Long Bien District, Hanoi, VNM
Vinhomes JSC is a real estate development company. The current principal activities of the Company are to develop real estate property for sale, provide leasing of offices, render real estate management and related services, provide general contractor services, consulting and designing construction services, supervision and construction management services. The company has following operating segments: Sales of inventory properties: include the transfer of properties being constructed for sale at the Company and its subsidiaries' real estate projects; Rendering consultancy and general construction contractor services: includes general contractor to investors; construction consultancy and supervision and related services; Other business activities.
89GF Score

Get the complete analysis for STC:VHM

ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₫156,000.00
Price
₫110,832.99
GF Value