Airports of Vietnam (HSTC:ACV) Asset Turnover: 0.08 (As of Dec. 2025)


HSTC:ACV Airports Corp. of Vietnam HSTC:ACV
88 GF Score
Price ₫43,600.00
GF Value ₫106,861.29
Valuation Significantly Undervalued
! 1 Warning Sign
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What is Airports of Vietnam Asset Turnover?

Airports of Vietnam HSTC:ACV -0.23% 88 Asset Turnover is 0.08 as of Dec. 2025. GuruFocus rates HSTC:ACV with a GF Score™ of 88/100 and a GF Value™ of ₫106,861.29 (Significantly Undervalued). The stock has 1 warning sign investors should review.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Airports of Vietnam's Revenue for the three months ended in Dec. 2025 was ₫6,794,339 Mil. Airports of Vietnam's Total Assets for the quarter that ended in Dec. 2025 was ₫88,053,770 Mil. Therefore, Airports of Vietnam's Asset Turnover for the quarter that ended in Dec. 2025 was 0.08.

Asset Turnover is linked to ROE % through Du Pont Formula. Airports of Vietnam's annualized ROE % for the quarter that ended in Dec. 2025 was 17.98%. It is also linked to ROA % through Du Pont Formula. Airports of Vietnam's annualized ROA % for the quarter that ended in Dec. 2025 was 13.86%.


Airports of Vietnam  (HSTC:ACV) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

Airports of Vietnam's annulized ROE % for the quarter that ended in Dec. 2025 is

ROE %**(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=12201254.772/67847706.7325
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(12201254.772 / 27177355.444)*(27177355.444 / 88053770.3845)*(88053770.3845/ 67847706.7325)
=Net Margin %*Asset Turnover*Equity Multiplier
=44.89 %*0.3086*1.2978
=ROA %*Equity Multiplier
=13.86 %*1.2978
=17.98 %

Note: The Net Income data used here is four times the quarterly (Dec. 2025) net income data. The Revenue data used here is four times the quarterly (Dec. 2025) revenue data.

* 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.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

Airports of Vietnam's annulized ROA % for the quarter that ended in Dec. 2025 is

ROA %(Q: Dec. 2025 )
=Net Income/Total Assets
=12201254.772/88053770.3845
=(Net Income / Revenue)*(Revenue / Total Assets)
=(12201254.772 / 27177355.444)*(27177355.444 / 88053770.3845)
=Net Margin %*Asset Turnover
=44.89 %*0.3086
=13.86 %

Note: The Net Income data used here is four times the quarterly (Dec. 2025) net income data. The Revenue data used here is four times the quarterly (Dec. 2025) revenue data.

* 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.


Be Aware

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.


Airports of Vietnam Asset Turnover Related Terms


Airports of Vietnam Asset Turnover Historical Data

* Premium members only.

The historical data trend for Airports of Vietnam's Asset Turnover 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.

Airports of Vietnam Asset Turnover Chart

Airports of Vietnam Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.09 0.24 0.32 0.31 0.31

Airports of Vietnam Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
Asset Turnover 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 0.08 0.08 0.08 0.08 0.08

HSTC:ACV vs JOBY, CAAP: Asset Turnover Comparison

For the Airports & Air Services subindustry, Airports of Vietnam's Asset Turnover, along with its competitors' market caps and Asset Turnover 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.


Airports of Vietnam Asset Turnover vs Transportation Industry

For the Transportation industry and Industrials sector, Airports of Vietnam's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Airports of Vietnam's Asset Turnover falls into.


HSTC:ACV
88GF Score
Airports Corp. of Vietnam HSTC:ACV
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Airports of Vietnam Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

Airports of Vietnam's Asset Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=25963636.381/( (77281952.866+89955276.579)/ 2 )
=25963636.381/83618614.7225
=0.31

Airports of Vietnam's Asset Turnover for the quarter that ended in Dec. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2025 )/( (Total Assets (Q: Sep. 2025 )+Total Assets (Q: Dec. 2025 ))/ count )
=6794338.861/( (86152264.19+89955276.579)/ 2 )
=6794338.861/88053770.3845
=0.08

* 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.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.

Frequently Asked Questions Learn more about Asset Turnover →
What does a Asset Turnover of 0.08 mean?
Airports of Vietnam (HSTC:ACV) has a Asset Turnover of 0.08 as of Dec. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Airports of Vietnam and its competitors.
Is Airports of Vietnam's Asset Turnover too high?
Airports of Vietnam's current Asset Turnover is 0.08. Overall, Airports of Vietnam has a GF Score™ of 88/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Airports of Vietnam's Asset Turnover compare to JOBY and CAAP?
Airports of Vietnam's Asset Turnover of 0.08 can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Asset Turnover for a Transportation company?
A good Asset Turnover depends on the Transportation industry context. However, Asset Turnover 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 Asset Turnover mean?
A high Asset Turnover can signal that a stock is expensive relative to its fundamentals. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Airports of Vietnam and its competitors. Airports of Vietnam's current Asset Turnover is 0.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Airports of Vietnam stock overvalued right now?
Based on GuruFocus' analysis, Airports of Vietnam (HSTC:ACV) is currently considered Significantly Undervalued. The stock's GF Value™ is ₫106,861.29, compared to a current price of ₫43,600.00 — trading 59.2% below its estimated fair value. The current Asset Turnover is 0.08. Airports of Vietnam's overall GF Score™ is 88/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Asset Turnover calculated?
Asset Turnover is calculated from a company's financial statements. For Airports of Vietnam (HSTC:ACV), the current Asset Turnover is 0.08 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 Airports of Vietnam (HSTC:ACV) Overvalued in 2026?

Based on GuruFocus' analysis, Airports of Vietnam stock appears to be undervalued. The current stock price of ₫43,600.00 is trading 59.2% below its estimated GF Value™ of ₫106,861.29. GuruFocus considers Airports of Vietnam to be Significantly Undervalued.

Key valuation signals for HSTC:ACV:

  • Asset Turnover: 0.08
  • GF Value™: ₫106,861.29 vs. price of ₫43,600.00 (59.2% below fair value)
  • GF Score™: 88/100 with 1 warning sign

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


Airports of Vietnam Business Description

Address No. 58 Truong Son, Ward 2, Tan Binh District, Ho Chi Minh, VNM
Airports Corp. of Vietnam is engaged in managing international and domestic airports. The company is involved in investment, management of capital investments, direct manufacturing at airports, and aerodromes; Provision of services of aviation safety; Supply of technical services, science and technology services both domestic and offshore areas; and other related activities.
88GF Score

Get the complete analysis for HSTC:ACV

Asset Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₫43,600.00
Price
₫106,861.29
GF Value