Vietnam Engine & Agricultural Machinery (HSTC:VEA) ROE %: 25.09% (As of Mar. 2026) — Near Median


HSTC:VEA Vietnam Engine & Agricultural Machinery Corp HSTC:VEA
75 GF Score
Price ₫34,900.00
GF Value ₫41,779.58
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Vietnam Engine & Agricultural Machinery ROE %?

Vietnam Engine & Agricultural Machinery HSTC:VEA -0.57% 75 ROE % is 25.09% as of Mar. 2026, which is 8% below its 10-year median of 27.33. GuruFocus rates HSTC:VEA with a GF Score™ of 75/100 and a GF Value™ of ₫41,779.58 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 204 Farm & Heavy Construction Machinery companies, Vietnam Engine & Agricultural Machinery ranks better than 93.14% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Vietnam Engine & Agricultural Machinery's annualized net income for the quarter that ended in Mar. 2026 was ₫6,968,365 Mil. Vietnam Engine & Agricultural Machinery's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₫27,772,845 Mil. Therefore, Vietnam Engine & Agricultural Machinery's annualized ROE % for the quarter that ended in Mar. 2026 was 25.09%.

The historical rank and industry rank for Vietnam Engine & Agricultural Machinery's ROE % or its related term are showing as below:

HSTC:VEA' s ROE % Range Over the Past 10 Years
Min: 21.47   Med: 27.33   Max: 31.35
Current: 27.24

During the past 7 years, Vietnam Engine & Agricultural Machinery's highest ROE % was 31.35%. The lowest was 21.47%. And the median was 27.33%.

HSTC:VEA's ROE % is ranked better than
93.14% of 204 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 7.74 vs HSTC:VEA: 27.24

Vietnam Engine & Agricultural Machinery  (HSTC:VEA) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=6968365.308/27772845.168
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(6968365.308 / 5094183.592)*(5094183.592 / 29260619.5505)*(29260619.5505 / 27772845.168)
=Net Margin %*Asset Turnover*Equity Multiplier
=136.79 %*0.1741*1.0536
=ROA %*Equity Multiplier
=23.82 %*1.0536
=25.09 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=6968365.308/27772845.168
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (6968365.308 / 7292594.484) * (7292594.484 / 157577.936) * (157577.936 / 5094183.592) * (5094183.592 / 29260619.5505) * (29260619.5505 / 27772845.168)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.9555 * 46.2793 * 3.09 % * 0.1741 * 1.0536
=25.09 %

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. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Vietnam Engine & Agricultural Machinery ROE % Related Terms


Vietnam Engine & Agricultural Machinery ROE % Historical Data

* Premium members only.

The historical data trend for Vietnam Engine & Agricultural Machinery's ROE % 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.

Vietnam Engine & Agricultural Machinery ROE % Chart

Vietnam Engine & Agricultural Machinery Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial 23.70 31.35 24.57 28.57 27.63

Vietnam Engine & Agricultural Machinery Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % 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 18.91 29.87 23.79 29.61 25.09

HSTC:VEA vs CAT, DE, PCAR: ROE % Comparison

For the Farm & Heavy Construction Machinery subindustry, Vietnam Engine & Agricultural Machinery's ROE %, along with its competitors' market caps and ROE % 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.


Vietnam Engine & Agricultural Machinery ROE % vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Vietnam Engine & Agricultural Machinery's ROE % distribution charts can be found below:

* The bar in red indicates where Vietnam Engine & Agricultural Machinery's ROE % falls into.


HSTC:VEA
75GF Score
Vietnam Engine & Agricultural Machinery Corp HSTC:VEA
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Vietnam Engine & Agricultural Machinery ROE % Calculation

Vietnam Engine & Agricultural Machinery's annualized ROE % for the fiscal year that ended in Dec. 2025 is calculated as

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=7324715.706/( (26027750.819+26996345.417)/ 2 )
=7324715.706/26512048.118
=27.63 %

Vietnam Engine & Agricultural Machinery's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=6968365.308/( (26996345.417+28549344.919)/ 2 )
=6968365.308/27772845.168
=25.09 %

* 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 ROE %, the net income of the last fiscal year and the average total shareholder equity 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. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 25.09% mean?
Vietnam Engine & Agricultural Machinery (HSTC:VEA) has a ROE % of 25.09% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Vietnam Engine & Agricultural Machinery and its competitors. This is near median its historical median of 27.33. Over the past decade, Vietnam Engine & Agricultural Machinery's ROE % has ranged from 21.47 to 31.35. According to the industry distribution chart, Vietnam Engine & Agricultural Machinery ranks #14 out of 204 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 6.9%.
Is Vietnam Engine & Agricultural Machinery's ROE % too high?
Vietnam Engine & Agricultural Machinery's current ROE % of 25.09% is near median its 10-year median of 27.33. Over the past 10 years, this metric has ranged from a low of 21.47 to a high of 31.35. The Farm & Heavy Construction Machinery industry median ROE % is 7.74. Vietnam Engine & Agricultural Machinery's value of 25.09% is 224.2% above this industry median. Based on the distribution chart, Vietnam Engine & Agricultural Machinery ranks #14 out of 204 companies in the Farm & Heavy Construction Machinery industry, which is in the top quartile — a strong position relative to peers. Overall, Vietnam Engine & Agricultural Machinery has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vietnam Engine & Agricultural Machinery's ROE % compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Vietnam Engine & Agricultural Machinery ranks #14 out of 204 companies for ROE %. This places Vietnam Engine & Agricultural Machinery in the top 7% of its industry — outperforming the majority of peers. The industry median ROE % is 7.74. Vietnam Engine & Agricultural Machinery's value of 25.09% is 224.2% above this benchmark. Historically, Vietnam Engine & Agricultural Machinery's own ROE % has ranged from 21.47 to 31.35 over the past decade. While the company's 10-year median is 27.33 vs. the industry median of 7.74, Vietnam Engine & Agricultural Machinery 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 ROE % for a Farm & Heavy Construction Machinery company?
The median ROE % among Farm & Heavy Construction Machinery companies is 7.74, based on 204 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Vietnam Engine & Agricultural Machinery's current ROE % of 25.09% is 224.2% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Vietnam Engine & Agricultural Machinery and its competitors. For the Farm & Heavy Construction Machinery industry, the median ROE % is 7.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vietnam Engine & Agricultural Machinery's current ROE % is 25.09%, which is near median its own 10-year median of 27.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vietnam Engine & Agricultural Machinery stock overvalued right now?
Based on GuruFocus' analysis, Vietnam Engine & Agricultural Machinery (HSTC:VEA) is currently considered Modestly Undervalued. The stock's GF Value™ is ₫41,779.58, compared to a current price of ₫34,900.00 — trading 16.5% below its estimated fair value. The current ROE % is 25.09%, which is near median its 10-year median of 27.33 and 224.2% above the Farm & Heavy Construction Machinery industry median of 7.74. Vietnam Engine & Agricultural Machinery's overall GF Score™ is 75/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Vietnam Engine & Agricultural Machinery (HSTC:VEA), the current ROE % is 25.09% 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 Vietnam Engine & Agricultural Machinery (HSTC:VEA) Overvalued in 2026?

Based on GuruFocus' analysis, Vietnam Engine & Agricultural Machinery stock appears to be undervalued. The current stock price of ₫34,900.00 is trading 16.5% below its estimated GF Value™ of ₫41,779.58. GuruFocus considers Vietnam Engine & Agricultural Machinery to be Modestly Undervalued.

Key valuation signals for HSTC:VEA:

  • ROE %: 25.09% (near median its 10-year median of 27.33)
  • GF Value™: ₫41,779.58 vs. price of ₫34,900.00 (16.5% below fair value)
  • GF Score™: 75/100 with 5 warning signs
  • Industry Position: 224.2% above the Farm & Heavy Construction Machinery median (#14 of 204)

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


Vietnam Engine & Agricultural Machinery Business Description

Address Lane 689 Lac Long Quan, Lot D, Area D1, VEAM Building, Tay Ho Ward, Hanoi, VNM
Vietnam Engine & Agricultural Machinery Corp is engaged in manufacturing and trading machinery and spare parts for agricultural, forestry, and fishery production and transportation. Its products include VEAM cars, tractors, engines, agricultural machinery, and accessories.
75GF Score

Get the complete analysis for HSTC:VEA

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

₫34,900.00
Price
₫41,779.58
GF Value