Saigon - Hanoi Securities JSC (HSTC:SHS) Debt-to-EBITDA : 4.78 (As of Mar. 2026) — 94% Above Median

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HSTC:SHS Saigon - Hanoi Securities JSC HSTC:SHS
76 GF Score
Price ₫15,000.00
GF Value ₫24,097.60
Valuation Possible Value Trap
! 7 Warning Signs
View Full Analysis

What is Saigon - Hanoi Securities JSC Debt-to-EBITDA?

Saigon - Hanoi Securities JSC HSTC:SHS 76 Debt-to-EBITDA is 4.78 as of Mar. 2026, which is 94% above its 10-year median of 2.47. GuruFocus rates HSTC:SHS with a GF Score™ of 76/100 and a GF Value™ of ₫24,097.60 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 383 Asset Management companies, Saigon - Hanoi Securities JSC ranks worse than 74.15% on this metric.

Debt-to-EBITDA measures a company's ability to pay off its debt.

Saigon - Hanoi Securities JSC's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ₫8,512,000 Mil. Saigon - Hanoi Securities JSC's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ₫0 Mil. Saigon - Hanoi Securities JSC's annualized EBITDA for the quarter that ended in Mar. 2026 was ₫1,782,681 Mil. Saigon - Hanoi Securities JSC's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 4.77.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Saigon - Hanoi Securities JSC's Debt-to-EBITDA or its related term are showing as below:

HSTC:SHS' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -16.18   Med: 2.47   Max: 4.82
Current: 4.19

During the past 13 years, the highest Debt-to-EBITDA Ratio of Saigon - Hanoi Securities JSC was 4.82. The lowest was -16.18. And the median was 2.47.

HSTC:SHS's Debt-to-EBITDA is ranked worse than
74.15% of 383 companies
in the Asset Management industry
Industry Median: 1.44 vs HSTC:SHS: 4.19

Saigon - Hanoi Securities JSC  (HSTC:SHS) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Saigon - Hanoi Securities JSC Debt-to-EBITDA Related Terms


Saigon - Hanoi Securities JSC Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Saigon - Hanoi Securities JSC's Debt-to-EBITDA 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.

Saigon - Hanoi Securities JSC Debt-to-EBITDA Chart

Saigon - Hanoi Securities JSC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.02 2.91 1.19 1.63 4.82

Saigon - Hanoi Securities JSC Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-EBITDA 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 2.14 2.33 2.75 5.78 4.78

HSTC:SHS vs BLK, BX, KKR: Debt-to-EBITDA Comparison

For the Asset Management subindustry, Saigon - Hanoi Securities JSC's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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.


Saigon - Hanoi Securities JSC Debt-to-EBITDA vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Saigon - Hanoi Securities JSC's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Saigon - Hanoi Securities JSC's Debt-to-EBITDA falls into.


HSTC:SHS
76GF Score
Saigon - Hanoi Securities JSC HSTC:SHS
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Saigon - Hanoi Securities JSC Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Saigon - Hanoi Securities JSC's Debt-to-EBITDA for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(9350000 + 0) / 1941684.377
=4.82

Saigon - Hanoi Securities JSC's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(8512000 + 0) / 1782681.356
=4.77

* 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.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 4.78 mean?
Saigon - Hanoi Securities JSC (HSTC:SHS) has a Debt-to-EBITDA of 4.78 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Saigon - Hanoi Securities JSC. This is 94% above median its historical median of 2.47. According to the industry distribution chart, Saigon - Hanoi Securities JSC ranks #284 out of 383 companies in the Asset Management industry, placing it in the top 74.2%.
Is Saigon - Hanoi Securities JSC's Debt-to-EBITDA too high?
Saigon - Hanoi Securities JSC's current Debt-to-EBITDA of 4.78 is 94% above median its 10-year median of 2.47. The Asset Management industry median Debt-to-EBITDA is 1.44. Saigon - Hanoi Securities JSC's value of 4.78 is 231.9% above this industry median. Based on the distribution chart, Saigon - Hanoi Securities JSC ranks #284 out of 383 companies in the Asset Management industry, which is below the industry midpoint. Overall, Saigon - Hanoi Securities JSC has a GF Score™ of 76/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Saigon - Hanoi Securities JSC's Debt-to-EBITDA compare to BLK and BX?
According to the Asset Management industry distribution chart, Saigon - Hanoi Securities JSC ranks #284 out of 383 companies for Debt-to-EBITDA. This places Saigon - Hanoi Securities JSC in the lower half of its industry. The industry median Debt-to-EBITDA is 1.44. Saigon - Hanoi Securities JSC's value of 4.78 is 231.9% above this benchmark. While the company's 10-year median is 2.47 vs. the industry median of 1.44, Saigon - Hanoi Securities JSC has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for an Asset Management company?
The median Debt-to-EBITDA among Asset Management companies is 1.44, based on 383 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Saigon - Hanoi Securities JSC's current Debt-to-EBITDA of 4.78 is 231.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Saigon - Hanoi Securities JSC. For the Asset Management industry, the median Debt-to-EBITDA is 1.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Saigon - Hanoi Securities JSC's current Debt-to-EBITDA is 4.78, which is 94% above median its own 10-year median of 2.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Saigon - Hanoi Securities JSC stock overvalued right now?
Based on GuruFocus' analysis, Saigon - Hanoi Securities JSC (HSTC:SHS) is currently considered Possible Value Trap. The stock's GF Value™ is ₫24,097.60, compared to a current price of ₫15,000.00 — trading 37.8% below its estimated fair value. The current Debt-to-EBITDA is 4.78, which is 94% above median its 10-year median of 2.47 and 231.9% above the Asset Management industry median of 1.44. Saigon - Hanoi Securities JSC's overall GF Score™ is 76/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Saigon - Hanoi Securities JSC (HSTC:SHS), the current Debt-to-EBITDA is 4.78 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.

Is Saigon - Hanoi Securities JSC (HSTC:SHS) Overvalued in 2026?

Based on GuruFocus' analysis, Saigon - Hanoi Securities JSC stock appears to be undervalued. The current stock price of ₫15,000.00 is trading 37.8% below its estimated GF Value™ of ₫24,097.60. GuruFocus considers Saigon - Hanoi Securities JSC to be Possible Value Trap.

Key valuation signals for HSTC:SHS:

  • Debt-to-EBITDA: 4.78 (94% above median its 10-year median of 2.47)
  • GF Value™: ₫24,097.60 vs. price of ₫15,000.00 (37.8% below fair value)
  • GF Score™: 76/100 with 7 warning signs
  • Industry Position: 231.9% above the Asset Management median (#284 of 383)

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


Saigon - Hanoi Securities JSC Business Description

Address Dao Duy Anh Building, 1st Floor, Dong Da, Hanoi, VNM
Saigon - Hanoi Securities JSC is engaged in the trading of securities and the offering of investment services.
76GF Score

Get the complete analysis for HSTC:SHS

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

₫15,000.00
Price
₫24,097.60
GF Value