Vietnam Dairy Products JSC (STC:VNM) Scaled Net Operating Assets: 0.41 (As of Mar. 2026)


STC:VNM Vietnam Dairy Products JSC STC:VNM
88 GF Score
Price ₫54,800.00
GF Value ₫72,104.21
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Vietnam Dairy Products JSC Scaled Net Operating Assets?

Vietnam Dairy Products JSC STC:VNM 88 Scaled Net Operating Assets is 0.41 as of Mar. 2026. GuruFocus rates STC:VNM with a GF Score™ of 88/100 and a GF Value™ of ₫72,104.21 (Modestly Undervalued). The stock has 4 warning signs investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Vietnam Dairy Products JSC's operating assets for the quarter that ended in Mar. 2026 was ₫30,348,998 Mil. Vietnam Dairy Products JSC's operating liabilities for the quarter that ended in Mar. 2026 was ₫8,374,950 Mil. Vietnam Dairy Products JSC's Total Assets for the quarter that ended in Dec. 2025 was ₫53,312,371 Mil. Therefore, Vietnam Dairy Products JSC's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.41.


Vietnam Dairy Products JSC Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Vietnam Dairy Products JSC's Scaled Net Operating Assets 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 Scaled Net Operating Assets Chart

Vietnam Dairy Products JSC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.45 0.34 0.42 0.38 0.38

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
Scaled Net Operating Assets 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 0.40 0.38 0.36 0.37 0.41

STC:VNM vs KHC, GIS: Scaled Net Operating Assets Comparison

For the Packaged Foods subindustry, Vietnam Dairy Products JSC's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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 Scaled Net Operating Assets vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Vietnam Dairy Products JSC's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Vietnam Dairy Products JSC's Scaled Net Operating Assets falls into.


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

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Vietnam Dairy Products JSC's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(30162627.398-9372710.873)/55049061.537
=0.38

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=53312370.717 - 23149743.319
=30162627.398

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=18829355.431 - 62907.826 - 9393736.732
=9372710.873

Vietnam Dairy Products JSC's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Dec. 2025 )
=(30348997.567-8374949.501)/53312370.717
=0.41

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=55429011.127 - 25080013.56
=30348997.567

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=18740931.85 - 31134.191 - 10334848.158
=8374949.501

* 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.

What does a Scaled Net Operating Assets of 0.41 mean?
Vietnam Dairy Products JSC (STC:VNM) has a Scaled Net Operating Assets of 0.41 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Vietnam Dairy Products JSC and its competitors.
Is Vietnam Dairy Products JSC's Scaled Net Operating Assets too high?
Vietnam Dairy Products JSC's current Scaled Net Operating Assets is 0.41. 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 Scaled Net Operating Assets compare to KHC and GIS?
Vietnam Dairy Products JSC's Scaled Net Operating Assets of 0.41 can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for a Consumer Packaged Goods company?
A good Scaled Net Operating Assets depends on the Consumer Packaged Goods industry context. However, Scaled Net Operating Assets 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 Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Vietnam Dairy Products JSC and its competitors. Vietnam Dairy Products JSC's current Scaled Net Operating Assets is 0.41. 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 ₫72,104.21, compared to a current price of ₫54,800.00 — trading 24% below its estimated fair value. The current Scaled Net Operating Assets is 0.41. 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 Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Vietnam Dairy Products JSC (STC:VNM), the current Scaled Net Operating Assets is 0.41 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 ₫54,800.00 is trading 24% below its estimated GF Value™ of ₫72,104.21. GuruFocus considers Vietnam Dairy Products JSC to be Modestly Undervalued.

Key valuation signals for STC:VNM:

  • Scaled Net Operating Assets: 0.41
  • GF Value™: ₫72,104.21 vs. price of ₫54,800.00 (24% below fair value)
  • GF Score™: 88/100 with 4 warning signs

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

Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₫54,800.00
Price
₫72,104.21
GF Value