Viet Nam Power Development JSC (STC:VPD) 3-Year ROIIC % : 9.26% (As of Dec. 2025) — 647% Above Median


STC:VPD Viet Nam Power Development JSC STC:VPD
85 GF Score
Price ₫21,700.00
GF Value ₫30,806.32
Valuation Significantly Undervalued
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What is Viet Nam Power Development JSC 3-Year ROIIC %?

Viet Nam Power Development JSC STC:VPD -1.36% 85 3-Year ROIIC % is 9.26 as of Dec. 2025, which is 647% above its 10-year median of 1.24. GuruFocus rates STC:VPD with a GF Score™ of 85/100 and a GF Value™ of ₫30,806.32 (Significantly Undervalued). Among 475 Utilities - Regulated companies, Viet Nam Power Development JSC ranks better than 68.63% 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 Power Development JSC's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 9.26%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Viet Nam Power Development JSC's 3-Year ROIIC % or its related term are showing as below:

STC:VPD's 3-Year ROIIC % is ranked better than
68.63% of 475 companies
in the Utilities - Regulated industry
Industry Median: 4.07 vs STC:VPD: 9.26

Viet Nam Power Development JSC  (STC:VPD) 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 Power Development JSC 3-Year ROIIC % Related Terms


Viet Nam Power Development JSC 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Viet Nam Power Development JSC'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.

Viet Nam Power Development JSC 3-Year ROIIC % Chart

Viet Nam Power Development JSC Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
3-Year ROIIC %
Get a 7-Day Free Trial 5.68 -21.71 -12.98 1.24 9.26

Viet Nam Power Development JSC 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 9.26 0.00

STC:VPD vs NEE, SO, DUK: 3-Year ROIIC % Comparison

For the Utilities - Regulated Electric subindustry, Viet Nam Power Development JSC'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 Power Development JSC 3-Year ROIIC % vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Viet Nam Power Development JSC's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Viet Nam Power Development JSC's 3-Year ROIIC % falls into.


STC:VPD
85GF Score
Viet Nam Power Development JSC STC:VPD
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Viet Nam Power Development JSC 3-Year ROIIC % Calculation

Viet Nam Power Development JSC'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**
=( 261333.1450548 (Dec. 2025) - 313464.6827856 (Dec. 2022) )/( 1374072.801 (Dec. 2025) - 1936877.757 (Dec. 2022) )
=-52131.5377308/-562804.956
=9.26%***

* 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 9.26 mean?
Viet Nam Power Development JSC (STC:VPD) has a 3-Year ROIIC % of 9.26 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 Power Development JSC and its competitors. This is 647% above median its historical median of 1.24. According to the industry distribution chart, Viet Nam Power Development JSC ranks #149 out of 475 companies in the Utilities - Regulated industry, placing it in the top 31.4%.
Is Viet Nam Power Development JSC's 3-Year ROIIC % too high?
Viet Nam Power Development JSC's current 3-Year ROIIC % of 9.26 is 647% above median its 10-year median of 1.24. The Utilities - Regulated industry median 3-Year ROIIC % is 4.07. Viet Nam Power Development JSC's value of 9.26 is 127.5% above this industry median. Based on the distribution chart, Viet Nam Power Development JSC ranks #149 out of 475 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Viet Nam Power Development JSC has a GF Score™ of 85/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Viet Nam Power Development JSC's 3-Year ROIIC % compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Viet Nam Power Development JSC ranks #149 out of 475 companies for 3-Year ROIIC %. This puts Viet Nam Power Development JSC in the upper half of its industry. The industry median 3-Year ROIIC % is 4.07. Viet Nam Power Development JSC's value of 9.26 is 127.5% above this benchmark. While the company's 10-year median is 1.24 vs. the industry median of 4.07, Viet Nam Power Development 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 3-Year ROIIC % for an Utilities - Regulated company?
The median 3-Year ROIIC % among Utilities - Regulated companies is 4.07, based on 475 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. Viet Nam Power Development JSC's current 3-Year ROIIC % of 9.26 is 127.5% 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 Viet Nam Power Development JSC and its competitors. For the Utilities - Regulated industry, the median 3-Year ROIIC % is 4.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Viet Nam Power Development JSC's current 3-Year ROIIC % is 9.26, which is 647% above median its own 10-year median of 1.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Viet Nam Power Development JSC stock overvalued right now?
Based on GuruFocus' analysis, Viet Nam Power Development JSC (STC:VPD) is currently considered Significantly Undervalued. The stock's GF Value™ is ₫30,806.32, compared to a current price of ₫21,700.00 — trading 29.6% below its estimated fair value. The current 3-Year ROIIC % is 9.26, which is 647% above median its 10-year median of 1.24 and 127.5% above the Utilities - Regulated industry median of 4.07. Viet Nam Power Development JSC's overall GF Score™ is 85/100. 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 Power Development JSC (STC:VPD), the current 3-Year ROIIC % is 9.26 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 Power Development JSC (STC:VPD) Overvalued in 2026?

Based on GuruFocus' analysis, Viet Nam Power Development JSC stock appears to be undervalued. The current stock price of ₫21,700.00 is trading 29.6% below its estimated GF Value™ of ₫30,806.32. GuruFocus considers Viet Nam Power Development JSC to be Significantly Undervalued.

Key valuation signals for STC:VPD:

  • 3-Year ROIIC %: 9.26 (647% above median its 10-year median of 1.24)
  • GF Value™: ₫30,806.32 vs. price of ₫21,700.00 (29.6% below fair value)
  • GF Score™: 85/100
  • Industry Position: 127.5% above the Utilities - Regulated median (#149 of 475)

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


Viet Nam Power Development JSC Business Description

Address No. 286 Nguyen Xien Street, 2nd Floor - CT2 Building, Thanh Liet Ward, Hanoi, VNM
Viet Nam Power Development JSC is engaged in the production and distribution of electricity in Vietnam. In addition, all of the Company's operations are conducted within the territory of Vietnam.
85GF Score

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

₫21,700.00
Price
₫30,806.32
GF Value