Vinhomes JSC (STC:VHM) ROCE %: 28.75% (As of Mar. 2026)


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 ROCE %?

Vinhomes JSC STC:VHM 89 ROCE % is 28.75% as of Mar. 2026. 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.

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. Vinhomes JSC's annualized ROCE % for the quarter that ended in Mar. 2026 was 28.75%.

Vinhomes JSC  (STC:VHM) 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.

Vinhomes JSC ROCE % Related Terms

Vinhomes JSC ROCE % Historical Data

* Premium members only.

The historical data trend for Vinhomes 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.

Vinhomes JSC ROCE % Chart

Vinhomes JSC Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only 37.76 24.74 23.37 19.11 17.77

Vinhomes 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 9.82 13.51 7.92 32.39 28.75
STC:VHM
89GF Score
Vinhomes JSC STC:VHM
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Vinhomes JSC ROCE % Calculation

Vinhomes 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 )
=64901763/( ( (564209360 - 278532295) + (787857267 - 343090159) )/ 2 )
=64901763/( (285677065+444767108)/ 2 )
=64901763/365222086.5
=17.77 %

Vinhomes 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 )
=133151200/( ( (787857267 - 343090159) + (869974503 - 388427617) )/ 2 )
=133151200/( ( 444767108 + 481546886 )/ 2 )
=133151200/463156997
=28.75 %

(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 28.75% mean?
Vinhomes JSC (STC:VHM) has a ROCE % of 28.75% as of Mar. 2026.
Is Vinhomes JSC's ROCE % too high?
Vinhomes JSC's current ROCE % is 28.75%. The Real Estate industry median ROCE % is 4.66. Vinhomes JSC's value of 28.75% is 517% above this industry median. 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 ROCE % compare to competitors?
Vinhomes JSC's ROCE % of 28.75% can be compared against companies in the Real Estate industry. The industry median ROCE % is 4.66. Vinhomes JSC's value of 28.75% is 517% 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 Real Estate company?
The median ROCE % among Real Estate companies is 4.66, based on 1,757 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. Vinhomes JSC's current ROCE % of 28.75% is 517% 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 Real Estate industry, the median ROCE % is 4.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vinhomes JSC's current ROCE % is 28.75%. 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 ROCE % is 28.75% and 517% above the Real Estate industry median of 4.66. 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 ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Vinhomes JSC (STC:VHM), the current ROCE % is 28.75% 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:

  • ROCE %: 28.75%
  • 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: 517% above the Real Estate median

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

ROCE % 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