Airports of Vietnam (HSTC:ACV) ROCE %: 19.38% (As of Dec. 2025)


HSTC:ACV Airports Corp. of Vietnam HSTC:ACV
88 GF Score
Price ₫43,600.00
GF Value ₫106,861.29
Valuation Significantly Undervalued
! 1 Warning Sign
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What is Airports of Vietnam ROCE %?

Airports of Vietnam HSTC:ACV -0.23% 88 ROCE % is 19.38% as of Dec. 2025. GuruFocus rates HSTC:ACV with a GF Score™ of 88/100 and a GF Value™ of ₫106,861.29 (Significantly Undervalued). The stock has 1 warning sign investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Airports of Vietnam's annualized ROCE % for the quarter that ended in Dec. 2025 was 19.38%.

Airports of Vietnam  (HSTC:ACV) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Airports of Vietnam ROCE % Related Terms

Airports of Vietnam ROCE % Historical Data

* Premium members only.

The historical data trend for Airports of Vietnam's ROCE % 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.

Airports of Vietnam ROCE % Chart

Airports of Vietnam Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.07 16.95 18.38 22.01 19.92

Airports of Vietnam Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
ROCE % 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 22.73 21.85 17.58 21.10 19.38
HSTC:ACV
88GF Score
Airports Corp. of Vietnam HSTC:ACV
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Airports of Vietnam ROCE % Calculation

Airports of Vietnam's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=14769257.244/( ( (77281952.866 - 7634011.57) + (89955276.579 - 11311618.061) )/ 2 )
=14769257.244/( (69647941.296+78643658.518)/ 2 )
=14769257.244/74145799.907
=19.92 %

Airports of Vietnam's ROCE % of for the quarter that ended in Dec. 2025 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2025 )  (Q: Sep. 2025 )(Q: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2025 )  (Q: Sep. 2025 )(Q: Dec. 2025 )
=15073158.264/( ( (86152264.19 - 9228366.015) + (89955276.579 - 11311618.061) )/ 2 )
=15073158.264/( ( 76923898.175 + 78643658.518 )/ 2 )
=15073158.264/77783778.3465
=19.38 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2025) EBIT 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 19.38% mean?
Airports of Vietnam (HSTC:ACV) has a ROCE % of 19.38% as of Dec. 2025.
Is Airports of Vietnam's ROCE % too high?
Airports of Vietnam's current ROCE % is 19.38%. The Transportation industry median ROCE % is 7.73. Airports of Vietnam's value of 19.38% is 150.7% above this industry median. Overall, Airports of Vietnam has a GF Score™ of 88/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Airports of Vietnam's ROCE % compare to JOBY and CAAP?
Airports of Vietnam's ROCE % of 19.38% can be compared against companies in the Transportation industry. The industry median ROCE % is 7.73. Airports of Vietnam's value of 19.38% is 150.7% 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 ROCE % for a Transportation company?
The median ROCE % among Transportation companies is 7.73, based on 988 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Airports of Vietnam's current ROCE % of 19.38% is 150.7% 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Transportation industry, the median ROCE % is 7.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Airports of Vietnam's current ROCE % is 19.38%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Airports of Vietnam stock overvalued right now?
Based on GuruFocus' analysis, Airports of Vietnam (HSTC:ACV) is currently considered Significantly Undervalued. The stock's GF Value™ is ₫106,861.29, compared to a current price of ₫43,600.00 — trading 59.2% below its estimated fair value. The current ROCE % is 19.38% and 150.7% above the Transportation industry median of 7.73. Airports of Vietnam's overall GF Score™ is 88/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Airports of Vietnam (HSTC:ACV), the current ROCE % is 19.38% as of Dec. 2025. 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 Airports of Vietnam (HSTC:ACV) Overvalued in 2026?

Based on GuruFocus' analysis, Airports of Vietnam stock appears to be undervalued. The current stock price of ₫43,600.00 is trading 59.2% below its estimated GF Value™ of ₫106,861.29. GuruFocus considers Airports of Vietnam to be Significantly Undervalued.

Key valuation signals for HSTC:ACV:

  • ROCE %: 19.38%
  • GF Value™: ₫106,861.29 vs. price of ₫43,600.00 (59.2% below fair value)
  • GF Score™: 88/100 with 1 warning sign
  • Industry Position: 150.7% above the Transportation median

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

Airports of Vietnam Business Description

Address No. 58 Truong Son, Ward 2, Tan Binh District, Ho Chi Minh, VNM
Airports Corp. of Vietnam is engaged in managing international and domestic airports. The company is involved in investment, management of capital investments, direct manufacturing at airports, and aerodromes; Provision of services of aviation safety; Supply of technical services, science and technology services both domestic and offshore areas; and other related activities.
88GF Score

Get the complete analysis for HSTC:ACV

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

₫43,600.00
Price
₫106,861.29
GF Value