Vietnam Engine & Agricultural Machinery (HSTC:VEA) 3-Year ROIIC % : -264.61% (As of Dec. 2025)

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Director of Data and Quant Analytics at GuruFocus
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HSTC:VEA Vietnam Engine & Agricultural Machinery Corp HSTC:VEA
74 GF Score
Price ₫34,400.00
GF Value ₫41,640.12
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Vietnam Engine & Agricultural Machinery 3-Year ROIIC %?

Vietnam Engine & Agricultural Machinery HSTC:VEA 74 3-Year ROIIC % is -264.61 as of Dec. 2025. GuruFocus rates HSTC:VEA with a GF Score™ of 74/100 and a GF Value™ of ₫41,640.12 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 202 Farm & Heavy Construction Machinery companies, Vietnam Engine & Agricultural Machinery ranks worse than 98.02% 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. Vietnam Engine & Agricultural Machinery's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was -264.61%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Vietnam Engine & Agricultural Machinery's 3-Year ROIIC % or its related term are showing as below:

HSTC:VEA's 3-Year ROIIC % is ranked worse than
98.02% of 202 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 2.32 vs HSTC:VEA: -264.61

Vietnam Engine & Agricultural Machinery  (HSTC:VEA) 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.


Vietnam Engine & Agricultural Machinery 3-Year ROIIC % Related Terms


Vietnam Engine & Agricultural Machinery 3-Year ROIIC % Historical Data

* Premium members only.

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

Vietnam Engine & Agricultural Machinery 3-Year ROIIC % Chart

Vietnam Engine & Agricultural Machinery Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
3-Year ROIIC %
Get a 7-Day Free Trial 0.00 18.58 2.70 -0.16 -264.61

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
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 0.00 0.00 0.00 -264.61 0.00

HSTC:VEA vs CAT, DE, PCAR: 3-Year ROIIC % Comparison

For the Farm & Heavy Construction Machinery subindustry, Vietnam Engine & Agricultural Machinery'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.


Vietnam Engine & Agricultural Machinery 3-Year ROIIC % vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Vietnam Engine & Agricultural Machinery's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Vietnam Engine & Agricultural Machinery's 3-Year ROIIC % falls into.


HSTC:VEA
74GF Score
Vietnam Engine & Agricultural Machinery Corp HSTC:VEA
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vietnam Engine & Agricultural Machinery 3-Year ROIIC % Calculation

Vietnam Engine & Agricultural Machinery'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**
=( 35812.8854473 (Dec. 2025) - -34995.2381912 (Dec. 2022) )/( 13581815.924 (Dec. 2025) - 13608575.764 (Dec. 2022) )
=70808.1236385/-26759.840000002
=-264.61%***

* 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 -264.61 mean?
Vietnam Engine & Agricultural Machinery (HSTC:VEA) has a 3-Year ROIIC % of -264.61 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 Vietnam Engine & Agricultural Machinery and its competitors. According to the industry distribution chart, Vietnam Engine & Agricultural Machinery ranks #198 out of 202 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 98%.
Is Vietnam Engine & Agricultural Machinery's 3-Year ROIIC % too high?
Vietnam Engine & Agricultural Machinery's current 3-Year ROIIC % is -264.61. Based on the distribution chart, Vietnam Engine & Agricultural Machinery ranks #198 out of 202 companies in the Farm & Heavy Construction Machinery industry, which is in the bottom quartile relative to peers. Overall, Vietnam Engine & Agricultural Machinery has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vietnam Engine & Agricultural Machinery's 3-Year ROIIC % compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Vietnam Engine & Agricultural Machinery ranks #198 out of 202 companies for 3-Year ROIIC %. This places Vietnam Engine & Agricultural Machinery in the lower half of its industry. The industry median 3-Year ROIIC % is 2.32. 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 Farm & Heavy Construction Machinery company?
The median 3-Year ROIIC % among Farm & Heavy Construction Machinery companies is 2.32, based on 202 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. 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 Vietnam Engine & Agricultural Machinery and its competitors. For the Farm & Heavy Construction Machinery industry, the median 3-Year ROIIC % is 2.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vietnam Engine & Agricultural Machinery's current 3-Year ROIIC % is -264.61. 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 ₫41,640.12, compared to a current price of ₫34,400.00 — trading 17.4% below its estimated fair value. The current 3-Year ROIIC % is -264.61. Vietnam Engine & Agricultural Machinery's overall GF Score™ is 74/100 with 5 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 Vietnam Engine & Agricultural Machinery (HSTC:VEA), the current 3-Year ROIIC % is -264.61 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 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 ₫34,400.00 is trading 17.4% below its estimated GF Value™ of ₫41,640.12. GuruFocus considers Vietnam Engine & Agricultural Machinery to be Modestly Undervalued.

Key valuation signals for HSTC:VEA:

  • 3-Year ROIIC %: -264.61
  • GF Value™: ₫41,640.12 vs. price of ₫34,400.00 (17.4% below fair value)
  • GF Score™: 74/100 with 5 warning signs

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.
74GF Score

Get the complete analysis for HSTC:VEA

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

₫34,400.00
Price
₫41,640.12
GF Value