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Viet Nam SteelHSTC:TVN -3.45%74 3-Year ROIIC % is 25.96 as of Dec. 2025, which is 2138% above its 10-year median of 1.16. GuruFocus rates HSTC:TVN with a GF Score™ of 74/100 and a GF Value™ of ₫10,527.05 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 606 Steel companies, Viet Nam Steel ranks better than 79.87% 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.
Viet Nam Steel's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 25.96%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Viet Nam Steel's 3-Year ROIIC % or its related term are showing as below:
HSTC:TVN's 3-Year ROIIC % is ranked better than 79.87% of 606
companies
in the Steel industry
Industry Median: -0.285
vs HSTC:TVN: 25.96
Viet Nam Steel (HSTC:TVN) 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.
Viet Nam Steel 3-Year ROIIC % Related Terms
Viet Nam Steel 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Viet Nam Steel'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.
HSTC:TVN vs NUE, STLD, RS: 3-Year ROIIC % Comparison
For the Steel subindustry, Viet Nam Steel'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.
Viet Nam Steel 3-Year ROIIC % vs Steel Industry
For the Steel industry and Basic Materials sector, Viet Nam Steel's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Viet Nam Steel's 3-Year ROIIC % falls into.
* 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.
Viet Nam Steel (HSTC:TVN) has a 3-Year ROIIC % of 25.96 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 Viet Nam Steel and its competitors. This is 2138% above median its historical median of 1.16. According to the industry distribution chart, Viet Nam Steel ranks #122 out of 606 companies in the Steel industry, placing it in the top 20.1%.
Is Viet Nam Steel's 3-Year ROIIC % too high?
Viet Nam Steel's current 3-Year ROIIC % of 25.96 is 2138% above median its 10-year median of 1.16. Based on the distribution chart, Viet Nam Steel ranks #122 out of 606 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Viet Nam Steel has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Viet Nam Steel's 3-Year ROIIC % compare to NUE and STLD?
According to the Steel industry distribution chart, Viet Nam Steel ranks #122 out of 606 companies for 3-Year ROIIC %. This places Viet Nam Steel in the top 20% of its industry — outperforming the majority of peers. 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 Steel company?
A good 3-Year ROIIC % depends on the Steel industry context. However, 3-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. 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 Viet Nam Steel and its competitors. Viet Nam Steel's current 3-Year ROIIC % is 25.96, which is 2138% above median its own 10-year median of 1.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Viet Nam Steel stock overvalued right now?
Based on GuruFocus' analysis, Viet Nam Steel (HSTC:TVN) is currently considered Modestly Undervalued. The stock's GF Value™ is ₫10,527.05, compared to a current price of ₫8,400.00 — trading 20.2% below its estimated fair value. The current 3-Year ROIIC % is 25.96, which is 2138% above median its 10-year median of 1.16. Viet Nam Steel's overall GF Score™ is 74/100 with 3 warning signs 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 Viet Nam Steel (HSTC:TVN), the current 3-Year ROIIC % is 25.96 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 Viet Nam Steel (HSTC:TVN) Overvalued in 2026?
Based on GuruFocus' analysis, Viet Nam Steel stock appears to be undervalued.
The current stock price of ₫8,400.00 is trading 20.2% below its estimated GF Value™ of ₫10,527.05.
GuruFocus considers Viet Nam Steel to be Modestly Undervalued.
Key valuation signals for HSTC:TVN:
3-Year ROIIC %: 25.96 (2138% above median its 10-year median of 1.16)
GF Value™: ₫10,527.05 vs. price of ₫8,400.00 (20.2% below fair value)
No single metric tells the full story. See the HSTC:TVN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Viet Nam Steel Corp is engaged units in the steel production and metal trading industry. The Corporation's main mission is to build and develop a multi-sector business model with the core activity being the production and trading of steel products.
74GF Score
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