Vietnam Airlines JSC Ratios and Metrics

Market cap in millions VND. Fiscal year is January - December.

Millions VND. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Feb '26 Feb 27, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Jan '24 Jan 1, 2024	Jan '23 Jan 1, 2023	Dec '21 Dec 31, 2021
Market Capitalization	82,143,553	77,476,305	63,442,393	27,126,329	30,780,079	51,263,225
Market Cap Growth	34.65%	22.12%	133.88%	-11.87%	-39.96%	27.72%
Enterprise Value	77,951,763	76,047,862	81,809,035	52,336,834	59,025,101	78,623,767
Last Close Price	26400.00	24900.00	22578.49	9653.98	10954.31	18244.05
PE Ratio	8.83	10.61	8.39	-	-	-
Forward PE	9.81	8.66	-	-	-	-
PS Ratio	0.68	0.64	0.60	0.30	0.44	1.84
PB Ratio	12.05	11.37	-6.79	-1.59	-2.78	97.46
P/TBV Ratio	14.17	13.36	-	-	-	38.66
P/FCF Ratio	7.71	7.27	6.96	39.56	5.18	-
P/OCF Ratio	6.69	6.31	6.72	27.03	4.47	-
EV/Sales Ratio	0.64	0.63	0.77	0.57	0.84	2.82
EV/EBITDA Ratio	5.25	5.43	6.87	15.40	-	-
EV/EBIT Ratio	7.75	8.26	12.01	-	-	-
EV/FCF Ratio	7.32	7.14	8.97	76.32	9.94	-
Debt / Equity Ratio	1.92	1.92	-2.19	-1.61	-2.56	66.16
Debt / EBITDA Ratio	0.94	0.94	1.72	8.05	-	-
Debt / FCF Ratio	1.23	1.23	2.25	39.91	4.76	-
Net Debt / Equity Ratio	-0.73	-0.73	-1.59	-1.40	-2.25	58.66
Net Debt / EBITDA Ratio	-0.36	-0.36	1.25	7.03	-5.78	-2.83
Net Debt / FCF Ratio	-0.47	-0.47	1.63	34.85	4.19	-4.26
Asset Turnover	1.84	1.84	1.83	1.55	1.14	0.44
Inventory Turnover	29.27	29.27	27.07	27.80	28.60	18.50
Quick Ratio	0.43	0.43	0.18	0.13	0.14	0.17
Current Ratio	0.57	0.57	0.30	0.24	0.24	0.28
Return on Equity (ROE)	-	-	-	-	-	-402.51%
Return on Assets (ROA)	8.74%	8.74%	7.35%	-2.73%	-7.92%	-12.87%
Return on Invested Capital (ROIC)	286.41%	234.27%	104.19%	-25.00%	-34.69%	-37.30%
Return on Capital Employed (ROCE)	53.70%	53.70%	663.20%	74.90%	-88.70%	-59.20%
Earnings Yield	8.89%	9.43%	11.92%	-21.86%	-36.71%	-25.18%
FCF Yield	12.97%	13.75%	14.37%	2.53%	19.30%	-14.14%
Payout Ratio	3.49%	3.49%	2.91%	-	-	-
Buyback Yield / Dilution	-10.32%	-10.32%	-	-	-35.68%	-15.07%
Total Shareholder Return	-10.32%	-10.32%	-	-	-35.68%	-15.07%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.