Viet Nam Forestry Joint Stock Co (HSTC:VIF) ROE %: 12.67% (As of Mar. 2026) — 92% Above Median


HSTC:VIF Viet Nam Forestry Corp Joint Stock Co HSTC:VIF
73 GF Score
Price ₫16,300.00
GF Value ₫19,584.94
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Viet Nam Forestry Joint Stock Co ROE %?

Viet Nam Forestry Joint Stock Co HSTC:VIF 73 ROE % is 12.67% as of Mar. 2026, which is 92% above its 10-year median of 6.59. GuruFocus rates HSTC:VIF with a GF Score™ of 73/100 and a GF Value™ of ₫19,584.94 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 280 Forest Products companies, Viet Nam Forestry Joint Stock Co ranks better than 82.86% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Viet Nam Forestry Joint Stock Co's annualized net income for the quarter that ended in Mar. 2026 was ₫643,033 Mil. Viet Nam Forestry Joint Stock Co's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₫5,075,856 Mil. Therefore, Viet Nam Forestry Joint Stock Co's annualized ROE % for the quarter that ended in Mar. 2026 was 12.67%.

The historical rank and industry rank for Viet Nam Forestry Joint Stock Co's ROE % or its related term are showing as below:

HSTC:VIF' s ROE % Range Over the Past 10 Years
Min: 5.79   Med: 6.59   Max: 10.46
Current: 9.6

During the past 7 years, Viet Nam Forestry Joint Stock Co's highest ROE % was 10.46%. The lowest was 5.79%. And the median was 6.59%.

HSTC:VIF's ROE % is ranked better than
82.86% of 280 companies
in the Forest Products industry
Industry Median: 2.07 vs HSTC:VIF: 9.60

Viet Nam Forestry Joint Stock Co  (HSTC:VIF) 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
=643033.248/5075856.4695
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(643033.248 / 2336714.536)*(2336714.536 / 5619697.659)*(5619697.659 / 5075856.4695)
=Net Margin %*Asset Turnover*Equity Multiplier
=27.52 %*0.4158*1.1071
=ROA %*Equity Multiplier
=11.44 %*1.1071
=12.67 %

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
=643033.248/5075856.4695
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (643033.248 / 679881.26) * (679881.26 / 210360.576) * (210360.576 / 2336714.536) * (2336714.536 / 5619697.659) * (5619697.659 / 5075856.4695)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.9458 * 3.232 * 9 % * 0.4158 * 1.1071
=12.67 %

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.


Viet Nam Forestry Joint Stock Co ROE % Related Terms


Viet Nam Forestry Joint Stock Co ROE % Historical Data

* Premium members only.

The historical data trend for Viet Nam Forestry Joint Stock Co'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.

Viet Nam Forestry Joint Stock Co ROE % Chart

Viet Nam Forestry Joint Stock Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial 5.79 9.82 5.93 7.30 6.59

Viet Nam Forestry Joint Stock Co 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 0.34 7.26 8.47 10.04 12.67

HSTC:VIF vs SSD, UFPI, BCC: ROE % Comparison

For the Lumber & Wood Production subindustry, Viet Nam Forestry Joint Stock Co'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.


Viet Nam Forestry Joint Stock Co ROE % vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Viet Nam Forestry Joint Stock Co's ROE % distribution charts can be found below:

* The bar in red indicates where Viet Nam Forestry Joint Stock Co's ROE % falls into.


HSTC:VIF
73GF Score
Viet Nam Forestry Corp Joint Stock Co HSTC:VIF
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Viet Nam Forestry Joint Stock Co ROE % Calculation

Viet Nam Forestry Joint Stock Co'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 )
=326389.984/( (4911554.721+4996907.273)/ 2 )
=326389.984/4954230.997
=6.59 %

Viet Nam Forestry Joint Stock Co'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 )
=643033.248/( (4996907.273+5154805.666)/ 2 )
=643033.248/5075856.4695
=12.67 %

* 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 12.67% mean?
Viet Nam Forestry Joint Stock Co (HSTC:VIF) has a ROE % of 12.67% 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 Viet Nam Forestry Joint Stock Co and its competitors. This is 92% above median its historical median of 6.59. Over the past decade, Viet Nam Forestry Joint Stock Co's ROE % has ranged from 5.79 to 10.46. According to the industry distribution chart, Viet Nam Forestry Joint Stock Co ranks #48 out of 280 companies in the Forest Products industry, placing it in the top 17.1%.
Is Viet Nam Forestry Joint Stock Co's ROE % too high?
Viet Nam Forestry Joint Stock Co's current ROE % of 12.67% is 92% above median its 10-year median of 6.59. Over the past 10 years, this metric has ranged from a low of 5.79 to a high of 10.46. The Forest Products industry median ROE % is 2.07. Viet Nam Forestry Joint Stock Co's value of 12.67% is 512.1% above this industry median. Based on the distribution chart, Viet Nam Forestry Joint Stock Co ranks #48 out of 280 companies in the Forest Products industry, which is in the top quartile — a strong position relative to peers. Overall, Viet Nam Forestry Joint Stock Co has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Viet Nam Forestry Joint Stock Co's ROE % compare to SSD and UFPI?
According to the Forest Products industry distribution chart, Viet Nam Forestry Joint Stock Co ranks #48 out of 280 companies for ROE %. This places Viet Nam Forestry Joint Stock Co in the top 17% of its industry — outperforming the majority of peers. The industry median ROE % is 2.07. Viet Nam Forestry Joint Stock Co's value of 12.67% is 512.1% above this benchmark. Historically, Viet Nam Forestry Joint Stock Co's own ROE % has ranged from 5.79 to 10.46 over the past decade. While the company's 10-year median is 6.59 vs. the industry median of 2.07, Viet Nam Forestry Joint Stock Co 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 Forest Products company?
The median ROE % among Forest Products companies is 2.07, based on 280 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. Viet Nam Forestry Joint Stock Co's current ROE % of 12.67% is 512.1% 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 Viet Nam Forestry Joint Stock Co and its competitors. For the Forest Products industry, the median ROE % is 2.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Viet Nam Forestry Joint Stock Co's current ROE % is 12.67%, which is 92% above median its own 10-year median of 6.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Viet Nam Forestry Joint Stock Co stock overvalued right now?
Based on GuruFocus' analysis, Viet Nam Forestry Joint Stock Co (HSTC:VIF) is currently considered Modestly Undervalued. The stock's GF Value™ is ₫19,584.94, compared to a current price of ₫16,300.00 — trading 16.8% below its estimated fair value. The current ROE % is 12.67%, which is 92% above median its 10-year median of 6.59 and 512.1% above the Forest Products industry median of 2.07. Viet Nam Forestry Joint Stock Co's overall GF Score™ is 73/100 with 3 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 Viet Nam Forestry Joint Stock Co (HSTC:VIF), the current ROE % is 12.67% 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 Viet Nam Forestry Joint Stock Co (HSTC:VIF) Overvalued in 2026?

Based on GuruFocus' analysis, Viet Nam Forestry Joint Stock Co stock appears to be undervalued. The current stock price of ₫16,300.00 is trading 16.8% below its estimated GF Value™ of ₫19,584.94. GuruFocus considers Viet Nam Forestry Joint Stock Co to be Modestly Undervalued.

Key valuation signals for HSTC:VIF:

  • ROE %: 12.67% (92% above median its 10-year median of 6.59)
  • GF Value™: ₫19,584.94 vs. price of ₫16,300.00 (16.8% below fair value)
  • GF Score™: 73/100 with 3 warning signs
  • Industry Position: 512.1% above the Forest Products median (#48 of 280)

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


Viet Nam Forestry Joint Stock Co Business Description

Address No 127 Lo Duc Street, Hai Ba Trung Ward, Ha Noi, VNM
Viet Nam Forestry Corp Joint Stock Co principal activities are Cultivation, seeding, planting for wood; Logging; Exploiting other forest products from wood; Collecting products from forest other than wood and other forest products; Providing forestry services; Sawing, shaving and preserving wood; Producing plywood, veneer and other kinds of thin fiberboard; Producing wooden products for construction; Producing wooden package; Producing other wooden products, producing handicrafts from bamboo, straw and plaiting material; Making beds, wardrobes, tables, chairs; and Other activities. The business segment is derived mainly from sales of wood products (from afforestation, commercial activities, and processing) and from property rental. It has only one geographic segment in Vietnam.
73GF Score

Get the complete analysis for HSTC:VIF

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

₫16,300.00
Price
₫19,584.94
GF Value