VPBank Securities JSC (STC:VPX) Scaled Net Operating Assets: 0.50 (As of Mar. 2026)


STC:VPX VPBank Securities JSC STC:VPX
38 GF Score
Price ₫28,350.00
! 3 Warning Signs
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What is VPBank Securities JSC Scaled Net Operating Assets?

VPBank Securities JSC STC:VPX -0.35% 38 Scaled Net Operating Assets is 0.50 as of Mar. 2026. GuruFocus rates STC:VPX with a GF Score™ of 38/100. The stock has 3 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.

VPBank Securities JSC's operating assets for the quarter that ended in Mar. 2026 was ₫38,726,869 Mil. VPBank Securities JSC's operating liabilities for the quarter that ended in Mar. 2026 was ₫2,341,868 Mil. VPBank Securities JSC's Total Assets for the quarter that ended in Dec. 2025 was ₫73,017,077 Mil. Therefore, VPBank Securities JSC's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.50.

VPBank Securities JSC Scaled Net Operating Assets Historical Data

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The historical data trend for VPBank Securities 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.

VPBank Securities JSC Scaled Net Operating Assets Chart

VPBank Securities JSC Annual Data
Trend Dec24 Dec25
Scaled Net Operating Assets
0.38 1.30

VPBank Securities JSC Quarterly Data
Dec24 Mar25 Dec25 Mar26
Scaled Net Operating Assets 0.38 0.00 0.00 0.50

STC:VPX vs MS, GS, SCHW: Scaled Net Operating Assets Comparison

For the Capital Markets subindustry, VPBank Securities 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.

VPBank Securities JSC Scaled Net Operating Assets vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, VPBank Securities JSC's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where VPBank Securities JSC's Scaled Net Operating Assets falls into.


STC:VPX
38GF Score
VPBank Securities JSC STC:VPX
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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VPBank Securities 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.

VPBank Securities 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 )
=(36582748.209-1843961.297)/26713926.794
=1.30

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=73017077.466 - 36434329.257
=36582748.209

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=39186035.271 - 0 - 37342073.974
=1843961.297

VPBank Securities 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 )
=(38726868.926-2341868.005)/73017077.466
=0.50

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=78751102.697 - 40024233.771
=38726868.926

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=44551123.954 - 0 - 42209255.949
=2341868.005

* 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 0.50 mean?
VPBank Securities JSC (STC:VPX) has a Scaled Net Operating Assets of 0.50 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 VPBank Securities JSC and its competitors.
Is VPBank Securities JSC's Scaled Net Operating Assets too high?
VPBank Securities JSC's current Scaled Net Operating Assets is 0.50. Overall, VPBank Securities JSC has a GF Score™ of 38/100, reflecting its overall financial health beyond just this single metric.
How does VPBank Securities JSC's Scaled Net Operating Assets compare to MS and GS?
VPBank Securities JSC's Scaled Net Operating Assets of 0.50 can be compared against companies in the Capital Markets 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 Capital Markets company?
A good Scaled Net Operating Assets depends on the Capital Markets 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 VPBank Securities JSC and its competitors. VPBank Securities JSC's current Scaled Net Operating Assets is 0.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VPBank Securities JSC stock overvalued right now?
VPBank Securities JSC (STC:VPX) has a current Scaled Net Operating Assets of 0.50. The current Scaled Net Operating Assets is 0.50. VPBank Securities JSC's overall GF Score™ is 38/100 with 3 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 VPBank Securities JSC (STC:VPX), the current Scaled Net Operating Assets is 0.50 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.

VPBank Securities JSC Business Description

Address VPBank Building 89 Lang Ha, 21st and 25th floors, Dong Da, Hanoi, VNM
VPBank Securities JSC is a securities company offering brokerage services, margin lending, investment banking, advisory, and asset management.
38GF Score

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

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