Thien Viet Securities JSC (STC:TVS) ROCE %: 8.02% (As of Mar. 2026)


STC:TVS Thien Viet Securities JSC STC:TVS
72 GF Score
Price ₫15,300.00
GF Value ₫12,460.59
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Thien Viet Securities JSC ROCE %?

Thien Viet Securities JSC STC:TVS +3.73% 72 ROCE % is 8.02% as of Mar. 2026. GuruFocus rates STC:TVS with a GF Score™ of 72/100 and a GF Value™ of ₫12,460.59 (Modestly Overvalued). The stock has 4 warning signs 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. Thien Viet Securities JSC's annualized ROCE % for the quarter that ended in Mar. 2026 was 8.02%.

Thien Viet Securities JSC  (STC:TVS) 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.

Thien Viet Securities JSC ROCE % Related Terms

Thien Viet Securities JSC ROCE % Historical Data

* Premium members only.

The historical data trend for Thien Viet Securities JSC'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.

Thien Viet Securities JSC ROCE % Chart

Thien Viet Securities JSC Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial 46.77 12.03 23.87 22.63 20.44

Thien Viet Securities JSC Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 16.56 19.17 42.36 9.76 8.02
STC:TVS
72GF Score
Thien Viet Securities JSC STC:TVS
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Thien Viet Securities JSC ROCE % Calculation

Thien Viet Securities JSC'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 )
=573413.847/( ( (7385483.841 - 5032135.356) + (7641043.979 - 4384087.185) )/ 2 )
=573413.847/( (2353348.485+3256956.794)/ 2 )
=573413.847/2805152.6395
=20.44 %

Thien Viet Securities JSC's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=262078.348/( ( (7641043.979 - 4384087.185) + (6066580.164 - 2784335.098) )/ 2 )
=262078.348/( ( 3256956.794 + 3282245.066 )/ 2 )
=262078.348/3269600.93
=8.02 %

(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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 8.02% mean?
Thien Viet Securities JSC (STC:TVS) has a ROCE % of 8.02% as of Mar. 2026.
Is Thien Viet Securities JSC's ROCE % too high?
Thien Viet Securities JSC's current ROCE % is 8.02%. The Capital Markets industry median ROCE % is 5.58. Thien Viet Securities JSC's value of 8.02% is 43.9% above this industry median. Overall, Thien Viet Securities JSC has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Thien Viet Securities JSC's ROCE % compare to MS and GS?
Thien Viet Securities JSC's ROCE % of 8.02% can be compared against companies in the Capital Markets industry. The industry median ROCE % is 5.58. Thien Viet Securities JSC's value of 8.02% is 43.9% 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. Thien Viet Securities JSC's current ROCE % of 8.02% is 43.9% 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. Thien Viet Securities JSC's current ROCE % is 8.02%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thien Viet Securities JSC stock overvalued right now?
Based on GuruFocus' analysis, Thien Viet Securities JSC (STC:TVS) is currently considered Modestly Overvalued. The stock's GF Value™ is ₫12,460.59, compared to a current price of ₫15,300.00 — trading 22.8% above its estimated fair value. The current ROCE % is 8.02% and 43.9% above the Capital Markets industry median of 5.58. Thien Viet Securities JSC's overall GF Score™ is 72/100 with 4 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 Thien Viet Securities JSC (STC:TVS), the current ROCE % is 8.02% 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 Thien Viet Securities JSC (STC:TVS) Overvalued in 2026?

Based on GuruFocus' analysis, Thien Viet Securities JSC stock appears to be overvalued. The current stock price of ₫15,300.00 is trading 22.8% above its estimated GF Value™ of ₫12,460.59. GuruFocus considers Thien Viet Securities JSC to be Modestly Overvalued.

Key valuation signals for STC:TVS:

  • ROCE %: 8.02%
  • GF Value™: ₫12,460.59 vs. price of ₫15,300.00 (22.8% above fair value)
  • GF Score™: 72/100 with 4 warning signs
  • Industry Position: 43.9% above the Capital Markets median

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

Thien Viet Securities JSC Business Description

Address No. 4 Lang Ha Street, Giang Vo Ward, 15th Floor, HAREC Building, Hanoi, VNM
Thien Viet Securities JSC is engaged in the provision of financial advisory, investment banking, brokerage, research, and investment services. It also provides proprietary trading, financial and securities investment consulting, securities underwriting, and securities depository services.
72GF Score

Get the complete analysis for STC:TVS

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

₫15,300.00
Price
₫12,460.59
GF Value