Vietnam Dairy Products JSC (STC:VNM) ROE %: 30.57% (As of Mar. 2026) — 13% Below Median


STC:VNM Vietnam Dairy Products JSC STC:VNM
88 GF Score
Price ₫56,300.00
GF Value ₫71,912.76
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Vietnam Dairy Products JSC ROE %?

Vietnam Dairy Products JSC STC:VNM -3.43% 88 ROE % is 30.57% as of Mar. 2026, which is 13% below its 10-year median of 35.24. GuruFocus rates STC:VNM with a GF Score™ of 88/100 and a GF Value™ of ₫71,912.76 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,916 Consumer Packaged Goods companies, Vietnam Dairy Products JSC ranks better than 93.79% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Vietnam Dairy Products JSC's annualized net income for the quarter that ended in Mar. 2026 was ₫9,714,879 Mil. Vietnam Dairy Products JSC's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₫31,775,962 Mil. Therefore, Vietnam Dairy Products JSC's annualized ROE % for the quarter that ended in Mar. 2026 was 30.57%.

The historical rank and industry rank for Vietnam Dairy Products JSC's ROE % or its related term are showing as below:

STC:VNM' s ROE % Range Over the Past 10 Years
Min: 27.06   Med: 35.24   Max: 45.21
Current: 31.48

During the past 13 years, Vietnam Dairy Products JSC's highest ROE % was 45.21%. The lowest was 27.06%. And the median was 35.24%.

STC:VNM's ROE % is ranked better than
93.79% of 1916 companies
in the Consumer Packaged Goods industry
Industry Median: 6.72 vs STC:VNM: 31.48

Vietnam Dairy Products JSC  (STC:VNM) 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
=9714879.252/31775961.8705
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(9714879.252 / 64594631.488)*(64594631.488 / 54370690.922)*(54370690.922 / 31775961.8705)
=Net Margin %*Asset Turnover*Equity Multiplier
=15.04 %*1.188*1.7111
=ROA %*Equity Multiplier
=17.87 %*1.7111
=30.57 %

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
=9714879.252/31775961.8705
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (9714879.252 / 12057585.876) * (12057585.876 / 10862529.38) * (10862529.38 / 64594631.488) * (64594631.488 / 54370690.922) * (54370690.922 / 31775961.8705)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.8057 * 1.11 * 16.82 % * 1.188 * 1.7111
=30.57 %

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 Dairy Products JSC ROE % Related Terms


Vietnam Dairy Products JSC ROE % Historical Data

* Premium members only.

The historical data trend for Vietnam Dairy Products JSC'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 Dairy Products JSC ROE % Chart

Vietnam Dairy Products JSC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 32.72 27.06 28.84 29.36 29.89

Vietnam Dairy Products JSC 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 19.02 30.24 30.69 35.08 30.57

STC:VNM vs KHC, GIS: ROE % Comparison

For the Packaged Foods subindustry, Vietnam Dairy Products JSC'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 Dairy Products JSC ROE % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Vietnam Dairy Products JSC's ROE % distribution charts can be found below:

* The bar in red indicates where Vietnam Dairy Products JSC's ROE % falls into.


STC:VNM
88GF Score
Vietnam Dairy Products JSC STC:VNM
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Vietnam Dairy Products JSC ROE % Calculation

Vietnam Dairy Products JSC'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 )
=9410201.647/( (32278819.541+30685382.907)/ 2 )
=9410201.647/31482101.224
=29.89 %

Vietnam Dairy Products JSC'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 )
=9714879.252/( (30685382.907+32866540.834)/ 2 )
=9714879.252/31775961.8705
=30.57 %

* 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 30.57% mean?
Vietnam Dairy Products JSC (STC:VNM) has a ROE % of 30.57% 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 Dairy Products JSC and its competitors. This is 13% below median its historical median of 35.24. Over the past decade, Vietnam Dairy Products JSC's ROE % has ranged from 27.06 to 45.21. According to the industry distribution chart, Vietnam Dairy Products JSC ranks #119 out of 1916 companies in the Consumer Packaged Goods industry, placing it in the top 6.2%.
Is Vietnam Dairy Products JSC's ROE % too high?
Vietnam Dairy Products JSC's current ROE % of 30.57% is 13% below median its 10-year median of 35.24. Over the past 10 years, this metric has ranged from a low of 27.06 to a high of 45.21. The Consumer Packaged Goods industry median ROE % is 6.72. Vietnam Dairy Products JSC's value of 30.57% is 354.9% above this industry median. Based on the distribution chart, Vietnam Dairy Products JSC ranks #119 out of 1916 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Vietnam Dairy Products JSC has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vietnam Dairy Products JSC's ROE % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Vietnam Dairy Products JSC ranks #119 out of 1916 companies for ROE %. This places Vietnam Dairy Products JSC in the top 6% of its industry — outperforming the majority of peers. The industry median ROE % is 6.72. Vietnam Dairy Products JSC's value of 30.57% is 354.9% above this benchmark. Historically, Vietnam Dairy Products JSC's own ROE % has ranged from 27.06 to 45.21 over the past decade. While the company's 10-year median is 35.24 vs. the industry median of 6.72, Vietnam Dairy Products JSC 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 Consumer Packaged Goods company?
The median ROE % among Consumer Packaged Goods companies is 6.72, based on 1,916 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 Dairy Products JSC's current ROE % of 30.57% is 354.9% 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 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 Dairy Products JSC and its competitors. For the Consumer Packaged Goods industry, the median ROE % is 6.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vietnam Dairy Products JSC's current ROE % is 30.57%, which is 13% below median its own 10-year median of 35.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vietnam Dairy Products JSC stock overvalued right now?
Based on GuruFocus' analysis, Vietnam Dairy Products JSC (STC:VNM) is currently considered Modestly Undervalued. The stock's GF Value™ is ₫71,912.76, compared to a current price of ₫56,300.00 — trading 21.7% below its estimated fair value. The current ROE % is 30.57%, which is 13% below median its 10-year median of 35.24 and 354.9% above the Consumer Packaged Goods industry median of 6.72. Vietnam Dairy Products JSC's overall GF Score™ is 88/100 with 4 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 Dairy Products JSC (STC:VNM), the current ROE % is 30.57% 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 Dairy Products JSC (STC:VNM) Overvalued in 2026?

Based on GuruFocus' analysis, Vietnam Dairy Products JSC stock appears to be undervalued. The current stock price of ₫56,300.00 is trading 21.7% below its estimated GF Value™ of ₫71,912.76. GuruFocus considers Vietnam Dairy Products JSC to be Modestly Undervalued.

Key valuation signals for STC:VNM:

  • ROE %: 30.57% (13% below median its 10-year median of 35.24)
  • GF Value™: ₫71,912.76 vs. price of ₫56,300.00 (21.7% below fair value)
  • GF Score™: 88/100 with 4 warning signs
  • Industry Position: 354.9% above the Consumer Packaged Goods median (#119 of 1916)

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


Vietnam Dairy Products JSC Business Description

Other Exchanges VNM19:Thailand
Address No. 10, Tan Trao Street, Tan Phu Ward, District 7, Ho Chi Minh, VNM
Vietnam Dairy Products JSC is a Vietnam-based company engaged in providing milk and dairy products. It manufactures and distributes milk cake, soya milk, fresh milk, refreshment drinks, bottled milk, powdered milk, nutritious powder, and other products from milk. It trades processed foods, spare parts and accessories, materials, and chemical substances. The company is also involved in the manufacture, sale, and distribution of beverages, grocery and processing foods, and roasted-ground filtered and instant coffee. In addition, it is involved in trading in houses, brokerage, and leasing of real estate as well as warehousing, loading, and transportation services amongst others.
88GF Score

Get the complete analysis for STC:VNM

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

₫56,300.00
Price
₫71,912.76
GF Value