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. VietinBank Securities JSC's annualized ROCE % for the quarter that ended in Mar. 2026 was 30.64%.
VietinBank Securities JSC (STC:CTS) 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.
* 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.
(1) Note:
The EBIT data used here is four times the quarterly (Mar. 2026) 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.
VietinBank Securities JSC (STC:CTS) has a ROCE % of 30.64% as of Mar. 2026.
Is VietinBank Securities JSC's ROCE % too high?
VietinBank Securities JSC's current ROCE % is 30.64%. The Capital Markets industry median ROCE % is 5.58. VietinBank Securities JSC's value of 30.64% is 449.6% above this industry median. Overall, VietinBank Securities JSC has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does VietinBank Securities JSC's ROCE % compare to MS and GS?
VietinBank Securities JSC's ROCE % of 30.64% can be compared against companies in the Capital Markets industry. The industry median ROCE % is 5.58. VietinBank Securities JSC's value of 30.64% is 449.6% 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 Capital Markets company?
The median ROCE % among Capital Markets companies is 5.58, based on 690 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. VietinBank Securities JSC's current ROCE % of 30.64% is 449.6% 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 Capital Markets industry, the median ROCE % is 5.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VietinBank Securities JSC's current ROCE % is 30.64%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VietinBank Securities JSC stock overvalued right now?
Based on GuruFocus' analysis, VietinBank Securities JSC (STC:CTS) is currently considered Modestly Undervalued. The stock's GF Value™ is ₫30,401.78, compared to a current price of ₫25,400.00 — trading 16.5% below its estimated fair value. The current ROCE % is 30.64% and 449.6% above the Capital Markets industry median of 5.58. VietinBank Securities JSC's overall GF Score™ is 91/100 with 7 warning signs 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 VietinBank Securities JSC (STC:CTS), the current ROCE % is 30.64% 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 VietinBank Securities JSC (STC:CTS) Overvalued in 2026?
Based on GuruFocus' analysis, VietinBank Securities JSC stock appears to be undervalued.
The current stock price of ₫25,400.00 is trading 16.5% below its estimated GF Value™ of ₫30,401.78.
GuruFocus considers VietinBank Securities JSC to be Modestly Undervalued.
Key valuation signals for STC:CTS:
ROCE %: 30.64%
GF Value™: ₫30,401.78 vs. price of ₫25,400.00 (16.5% below fair value)
Industry Position: 449.6% above the Capital Markets median
No single metric tells the full story. See the STC:CTS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
VietinBank Securities JSC is engaged in the provision of securities brokerage services, proprietary trading, securities investment advisory services, financial consultancy, underwriting securities, securities depository, and other services in accordance with laws and regulations applicable to securities companies. The company's operating business segments are: Brokerage and services, Proprietary trading, Underwriting, and Consultancy. Maximum revenue is generated from the Proprietary trading segment. Geographically, the company operates only in Vietnam.
91GF Score
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