Operating Margin

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Price: 179 100 VND -1.59% Market Closed

Market Cap: ₫97T

Improving

by 5%

Operating Margin shows how much profit a company makes from its regular business activities after covering operating costs. It helps measure how efficiently the company turns sales into profit.

Operating Margin

Operating Income

₫4.4T

Revenue

₫72.6T

Operating Margin shows how much profit a company makes from its regular business activities after covering operating costs. It helps measure how efficiently the company turns sales into profit.

Operating Margin

Operating Income

₫4.4T

Revenue

₫72.6T

Peer Comparison

Country		Company	Market Cap	Operating Margin
VN	V	Vietjet Aviation JSC VN:VJC	107.8T VND	Loading...
VN	V	Vietnam Airlines JSC VN:HVN	80.6T VND	Loading...
RU		Aeroflot-Rossiyskiye Avialinii PAO MOEX:AFLT	225B RUB	Loading...
MX		Grupo Aeromexico SAB de CV NYSE:AERO	2.8B USD	Loading...
AU	V	Virgin Australia Holdings Ltd ASX:VGN	2.5B AUD	Loading...
RU	A	Aviakompaniya UTair PAO MOEX:UTAR	89.5B RUB	Loading...
TW	T	Tigerair Taiwan Co Ltd TWSE:6757	31.9B TWD	Loading...
IS	I	Icelandair Group hf ICEX:ICEAIR	35.8B ISK	Loading...
US	F	Flyexclusive Inc AMEX:FLYX	262.8m USD	Loading...
US	S	Surf Air Mobility Inc NYSE:SRFM	141.6m USD	Loading...
ID	A	AirAsia Indonesia Tbk PT IDX:CMPP	865.5B IDR	Loading...

Market Distribution

Min	-10 851.5%
30th Percentile	2%
Median	5.3%
70th Percentile	11.3%
Max	318.1%

Other Profitability Ratios

Vietjet Aviation JSC
Glance View

Market Cap

97T VND

Industry

Airlines

Vietjet Aviation JSC, often simply referred to as Vietjet, burst onto the Vietnamese aviation scene in 2011 with ambitions as ambitious as its brightly painted fleet. Designed as Vietnam's first privately-owned low-cost airline, Vietjet swiftly capitalized on the burgeoning demand for affordable air travel within Southeast Asia. Combining savvy marketing strategies with no-frills service, Vietjet focused its efforts on meeting the needs of a rapidly growing middle class eager to explore domestic and regional destinations. By fostering a robust network of routes including flights to less-served secondary cities, the airline not only democratized air travel but also embedded itself as a core player in Vietnam's economic progression. Revenue generation for Vietjet is anchored in its low-cost carrier business model, where consistent profitability hinges on keeping operational costs minimal while maximizing utilization of its assets, notably its fleet. Ancillary revenue streams like baggage fees, seat selection charges, and in-flight sales contribute significantly to the bottom line. Moreover, Vietjet’s routes tap into densely populated and economically vibrant regions across Asia, which boosts passenger volumes. Through strategic partnerships and collaborations, Vietjet furthers its cost efficiency. These initiatives, complemented by tapping into both passenger and cargo transport markets, showcase Vietjet’s adeptness in scaling its operations to match burgeoning regional demands.

View VJC Analysis

VJC Intrinsic Value

Overvaluation 38%

Intrinsic Value

Price

What is Intrinsic Value?

Economic Moat is a concept popularized by Warren Buffett to describe a company's durable competitive advantage. It represents the 'moat' that protects a company from competitors and helps it sustain profitability over the long term. Our analysis of the past 10 years showed that companies with a wide economic moat significantly outperformed the market, delivering +645% returns compared to +189% for the S&P 500.

Our research into Economic Moat performance spans the past 10 years and focuses on companies with a wide economic moat. For this analysis, we calculated the average stock price returns of these companies, comparing them to the performance of the S&P 500 index over the same period.

The results were compelling: wide moat stocks achieved a remarkable +645% average return, compared to +188% for the broader market. This difference highlights the long-term benefits of investing in businesses that can maintain their market position and pricing power over time.

Note: This research does not account for survivorship bias. Past performance is not indicative of future results.

Determining whether a company has an economic moat requires both a deep dive into financial metrics and a qualitative assessment of its competitive position. Our analysts conduct a rigorous evaluation that focuses on identifying structural advantages that enable a company to sustain profitability and defend its market share over the long term.

The process begins with an analysis of a company’s historical financial performance. We assess how consistently the company has generated returns above its cost of capital and whether those returns have been stable or improving. However, financial performance alone doesn’t reveal the full picture. To understand the sources of these advantages, we evaluate five key drivers of economic moats:

Network Effect: We analyze whether the value of a company’s product or service grows as its user base expands. Platforms like payment systems or marketplaces benefit from this self-reinforcing.

Switching Costs: We assess whether customers face significant costs or disruptions when switching to a competitor’s product or service. High switching costs create customer stickiness and provide pricing power.

Intangible Assets: Strong brands, patents, and regulatory licenses can protect a company’s market position by creating barriers for competitors or enabling premium pricing. For example, a well-recognized consumer brand may command higher customer loyalty and margins.

Efficient scale: Occurs when a market is optimally served by one or a few players, making it unprofitable for new entrants to compete. This typically happens in industries with high fixed costs or geographic constraints, such as utilities or pipelines.

Cost Advantage: Companies with structural cost advantages can produce goods or services at a lower cost than their competitors, enabling them to offer competitive pricing or maintain higher margins. These advantages often arise from economies of scale, superior supply chain management, or proprietary technology. Firms like Walmart leverage their massive scale to negotiate better terms with suppliers, allowing them to undercut competitors on price.

By examining these factors in combination with a company’s financial performance and market positioning, we classify each company into one of three categories:

This rigorous evaluation ensures that our moat ratings are both comprehensive and reliable, giving investors the tools they need to make well-informed, long-term decisions.

The AI Assistant may sometimes provide inaccurate information.

Make your own investment decisions or consult a licensed financial advisor.

Vietjet Aviation JSC
VN:VJC

Peer Comparison

Market Distribution

Other Profitability Ratios

Vietjet Aviation JSC
Glance View

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Vietjet Aviation JSC VN:VJC