Airports of Vietnam (HSTC:ACV) 3-Year ROIIC % : 17.33% (As of Dec. 2025) — 63% Below Median


HSTC:ACV Airports Corp. of Vietnam HSTC:ACV
88 GF Score
Price ₫42,500.00
GF Value ₫106,828.35
Valuation Significantly Undervalued
! 1 Warning Sign
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What is Airports of Vietnam 3-Year ROIIC %?

Airports of Vietnam HSTC:ACV -0.23% 88 3-Year ROIIC % is 17.33 as of Dec. 2025, which is 63% below its 10-year median of 46.45. GuruFocus rates HSTC:ACV with a GF Score™ of 88/100 and a GF Value™ of ₫106,828.35 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 937 Transportation companies, Airports of Vietnam ranks better than 77.05% on this metric.

3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year. Airports of Vietnam's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 17.33%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Airports of Vietnam's 3-Year ROIIC % or its related term are showing as below:

HSTC:ACV's 3-Year ROIIC % is ranked better than
77.05% of 937 companies
in the Transportation industry
Industry Median: 2.04 vs HSTC:ACV: 17.33

Airports of Vietnam  (HSTC:ACV) 3-Year ROIIC % Explanation

Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.

High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

Be Aware

It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.


Airports of Vietnam 3-Year ROIIC % Related Terms


Airports of Vietnam 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Airports of Vietnam's 3-Year ROIIC % 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.

Airports of Vietnam 3-Year ROIIC % Chart

Airports of Vietnam Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 169.83 -361.21 49.06 46.45 17.33

Airports of Vietnam Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
3-Year ROIIC % 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 46.45 0.00 0.00 0.00 17.33

HSTC:ACV vs JOBY, CAAP: 3-Year ROIIC % Comparison

For the Airports & Air Services subindustry, Airports of Vietnam's 3-Year ROIIC %, along with its competitors' market caps and 3-Year ROIIC % 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.


Airports of Vietnam 3-Year ROIIC % vs Transportation Industry

For the Transportation industry and Industrials sector, Airports of Vietnam's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Airports of Vietnam's 3-Year ROIIC % falls into.


HSTC:ACV
88GF Score
Airports Corp. of Vietnam HSTC:ACV
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Airports of Vietnam 3-Year ROIIC % Calculation

Airports of Vietnam's 3-Year ROIIC % for the quarter that ended in Dec. 2025 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( 11208658.439651 (Dec. 2025) - 3731883.8347707 (Dec. 2022) )/( 65073948.477 (Dec. 2025) - 21927922.921 (Dec. 2022) )
=7476774.6048805/43146025.556
=17.33%***

* 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.

** Annual data of NOPAT and Invested Capital was used to calculate 3-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.

Frequently Asked Questions Learn more about 3-Year ROIIC % →
What does a 3-Year ROIIC % of 17.33 mean?
Airports of Vietnam (HSTC:ACV) has a 3-Year ROIIC % of 17.33 as of Dec. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Airports of Vietnam and its competitors. This is 63% below median its historical median of 46.45. According to the industry distribution chart, Airports of Vietnam ranks #215 out of 937 companies in the Transportation industry, placing it in the top 22.9%.
Is Airports of Vietnam's 3-Year ROIIC % too high?
Airports of Vietnam's current 3-Year ROIIC % of 17.33 is 63% below median its 10-year median of 46.45. The Transportation industry median 3-Year ROIIC % is 2.04. Airports of Vietnam's value of 17.33 is 749.5% above this industry median. Based on the distribution chart, Airports of Vietnam ranks #215 out of 937 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Airports of Vietnam has a GF Score™ of 88/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Airports of Vietnam's 3-Year ROIIC % compare to JOBY and CAAP?
According to the Transportation industry distribution chart, Airports of Vietnam ranks #215 out of 937 companies for 3-Year ROIIC %. This places Airports of Vietnam in the top 23% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 2.04. Airports of Vietnam's value of 17.33 is 749.5% above this benchmark. While the company's 10-year median is 46.45 vs. the industry median of 2.04, Airports of Vietnam 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 3-Year ROIIC % for a Transportation company?
The median 3-Year ROIIC % among Transportation companies is 2.04, based on 937 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Airports of Vietnam's current 3-Year ROIIC % of 17.33 is 749.5% 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 3-Year ROIIC % mean?
A high 3-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Airports of Vietnam and its competitors. For the Transportation industry, the median 3-Year ROIIC % is 2.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Airports of Vietnam's current 3-Year ROIIC % is 17.33, which is 63% below median its own 10-year median of 46.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Airports of Vietnam stock overvalued right now?
Based on GuruFocus' analysis, Airports of Vietnam (HSTC:ACV) is currently considered Significantly Undervalued. The stock's GF Value™ is ₫106,828.35, compared to a current price of ₫42,500.00 — trading 60.2% below its estimated fair value. The current 3-Year ROIIC % is 17.33, which is 63% below median its 10-year median of 46.45 and 749.5% above the Transportation industry median of 2.04. Airports of Vietnam's overall GF Score™ is 88/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year ROIIC % calculated?
3-Year ROIIC % is calculated from a company's financial statements. For Airports of Vietnam (HSTC:ACV), the current 3-Year ROIIC % is 17.33 as of Dec. 2025. 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 Airports of Vietnam (HSTC:ACV) Overvalued in 2026?

Based on GuruFocus' analysis, Airports of Vietnam stock appears to be undervalued. The current stock price of ₫42,500.00 is trading 60.2% below its estimated GF Value™ of ₫106,828.35. GuruFocus considers Airports of Vietnam to be Significantly Undervalued.

Key valuation signals for HSTC:ACV:

  • 3-Year ROIIC %: 17.33 (63% below median its 10-year median of 46.45)
  • GF Value™: ₫106,828.35 vs. price of ₫42,500.00 (60.2% below fair value)
  • GF Score™: 88/100 with 1 warning sign
  • Industry Position: 749.5% above the Transportation median (#215 of 937)

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


Airports of Vietnam Business Description

Address No. 58 Truong Son, Ward 2, Tan Binh District, Ho Chi Minh, VNM
Airports Corp. of Vietnam is engaged in managing international and domestic airports. The company is involved in investment, management of capital investments, direct manufacturing at airports, and aerodromes; Provision of services of aviation safety; Supply of technical services, science and technology services both domestic and offshore areas; and other related activities.
88GF Score

Get the complete analysis for HSTC:ACV

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

₫42,500.00
Price
₫106,828.35
GF Value