VJC.VN

Hot Air

VietJet Aviation Joint Stock Company · Industrials · Vietnam · $4.1B cap · $4.9M/day traded

VND 135,900 +0.0% · close 6 Nov · scored 7 Nov

Hot Air: Strong momentum and nothing else: weak business, rich price.

26
Score
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Quality
22
Value
24
Momentum
67

As of 7 Nov 2026, the MoatMap Score for VietJet Aviation Joint Stock Company (VJC.VN) is 26/100, ranked against 25,000+ stocks in 38 markets (Quality 22, Value 24, Momentum 67, each scored against its sector).

Does the score work? Each tenth of the ranking, tracked monthly. See the record →

P/E (TTM)
46.4x
peers 10.7x
ROE
8.7%
peers 17.7%
D/E
2.8x
peers 0.4x
Dividend %
—
trailing yield

ABOUT VIETJET AVIATION JOINT STOCK COMPANY

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VietJet Aviation Joint Stock Company provides passenger and cargo air transportation services to domestic and international air routes.

FINANCIAL SUMMARY (VND)

Year2022202320242025CAGRTTM2026E2027EFwd CAGR
Revenue40.1T58.3T72.0T82.1T26.9%103.3T105.3T112.4T17.0%
EPS (VND)-3,213327.691,9932,868195.8%2,892———
Shares681.0M704.1M704.1M769.1M+12.9%769.1M———
Debt18.9T30.8T42.5T69.0T54.1%73.3T———
Equity14.9T15.2T17.1T24.8T18.5%————
Op CF-2.4T-4.2T-1.7T1.8T—1.7T———
Inv CF-1.1T-956.7B-10.8T-26.9T—————
Fin CF3.5T8.4T12.0T31.4T—————
PRICE (1Y) · VND+2.3%
127,300129,450131,600133,750135,90028 Sep19 Oct6 Nov
SMA 50SMA 200
Price checkTurning upExperimental

21% above its 52-week low and back above a rising 50-day average since 6 Oct 2026.

SwingsAverage

Calmer than 61% of stocks we rank over the past year (volatility 36% a year).

How this is worked out

The MoatMap Score weighs the business, its price and its trend. The price check reads only the chart: the price side of the Momentum score, in words.

The rules: Still falling is a new 52-week low in the last two weeks, at least 25% below the high. Finding a floor is no new low since. Turning up is 20 or more trading days without a new low, at least 10% off it, and back above a rising 50-day average. In an uptrend is above the 200-day average and within 15% of the high.

In 2,112 US drawdowns since 2001, buying while the price was still falling was followed by a further 20% drop 42% of the time. Waiting for a turn (the Turning up rule above) cut that to 33%, at about 7% higher prices and with no better returns. Part of that cut is simply not buying: 13% of falls never turned, and waiting kept those out. Among turns that were bought, 38% still fell another 20%, and 33% of turns were followed by a new low within six months. The benefit was largest in crashes such as 2008 and 2020.

What it measures: how much the price moved day to day over the past year, scaled to a yearly figure (annualised volatility) and ranked against every stock we cover. Very calm under 20% a year, Calm 20 to 30%, Average 30 to 40%, Bumpy 40 to 55%, Very bumpy above that.

What we found: across about 13,500 stocks in 34 markets (2002 to 2025), past swings were a good guide to the next year's, and bumpier stocks fell further. How much further changed too much between eras to put a number on it.

Calm is not safe: a calm stock can still slide steadily.

Rules fixed before any data was fetched. Describes the chart, not a recommendation.

Close
VND 135,900
RSI (14)
86.2
52-Week Range-19.7% from high
Low VND 111,923.08High VND 169,230.77

SCORE BREAKDOWN

Quality
22
ROIC
7.0%39.6
ROE
8.7%49.5
GP/Assets
5.8%13.7
Op. Margin
5.3%35.8
FCF/Assets
-21.1%3.3
Piotroski
417.3
Int. Cover
1.7x19.7
D/E Ratio
2.77x3.8
Current Ratio
1.12x18.8
Value
24
P/E (TTM)
46.4x16.7
EV/EBITDA
30.9x14.7
P/FCF
—N/A
P/B
3.9x22.3
P/S
1.0x60.4
Div Yield
—N/A
Momentum
67
52W High %
80%69.1
RS 6M
10%80.2
SMA 50/200
0.99x57.5
EPS Rev 4W
—N/A
EPS Rev 12W
—N/A
EPS Improve
+102%69.0
Q Growth
9%44.4

FUNDAMENTALS

Market Cap
$4.1B
P/E (Forward)
23.0x
Gross Margin
7.8%

SECTOR PEERS

Closest peers in Industrials, ranked by industry match, size, and score similarity. Cross-listings of VJC.VN are excluded.

TickerCompanyMkt CapScore
VJC.VNVietJet Aviation Joint Stock Company(you)$4.1B26
HVN.VNVietnam Airlines JSC$2.7B71
DMX.VNDien May Xanh Investment Joint Stock Company$3.7B34
GEE.VNGelex Electricity Joint Stock Company$1.7B32
GEL.VNGELEX Infrastructure Joint Stock Company$936M21
GEX.VNGELEX Group Joint Stock Company$1.2B43
MSN.VNMasan Group Corporation$4.1B76
VTP.VNViettel Post Joint Stock Corporation$371M38
VSC.VNVietnam Container Shipping Joint Stock Corporation$198M27
REE.VNRefrigeration Electrical Engineering Corporation$1.1B63

Peer medians: ROE 17.7% · P/E 10.7x · Gross margin 30.7%

Company Deep Dive

A 10,000-word report: the business and its segments, what management promised on earnings calls and whether it delivered, the competition, and how things could turn out.

Request Deep Dive(50 Feathers)

VietJet Aviation Joint Stock Company (VJC.VN): Stock Score Summary

VietJet Aviation Joint Stock Company (VJC.VN) has a MoatMap Score of 26/100 based on Quality (22/100), Value (24/100), and Momentum (67/100) factor scores.

VietJet Aviation Joint Stock Company provides passenger and cargo air transportation services to domestic and international air routes.

Key Financial Metrics

PriceVND 135,900
Market Cap$4.1B
P/E (TTM)46.39
P/E (Forward)22.98
Price/Book3.90
Return on Equity8.7%
Return on Invested Capital7.0%
Debt/Equity2.77x
Gross Margin7.8%
Operating Margin5.3%
Revenue Growth35.0%
Free Cash Flow$-1.1B

VietJet Aviation Joint Stock Company operates in the Airlines industry, part of the Industrials sector (Vietnam).

Frequently Asked Questions

What is VietJet Aviation Joint Stock Company’s (VJC.VN) MoatMap Score?
The MoatMap Score for VietJet Aviation Joint Stock Company (VJC.VN) is 26/100. It is a composite of Quality (22), Value (24), and Momentum (67), each scored against its sector. The composite is then ranked across MoatMap’s universe of 25,000+ stocks.
Does VietJet Aviation Joint Stock Company have an economic moat?
VietJet Aviation Joint Stock Company (VJC.VN) has a Quality factor score of 22/100. Quality blends several measures of profitability and financial strength, led by gross profit to assets, return on invested capital and free cash flow to assets. A high score describes the financial record a durable advantage tends to leave; it does not prove a moat.
What sector is VietJet Aviation Joint Stock Company in?
VietJet Aviation Joint Stock Company (VJC.VN) operates in the Industrials sector, specifically the Airlines industry (Vietnam).