Ha Do Group JSC (STC:HDG) Debt-to-Equity: 0.68 (As of Mar. 2026) — 58% Below Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

STC:HDG Ha Do Group JSC STC:HDG
83 GF Score
Price ₫16,150.00
GF Value ₫20,292.29
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Ha Do Group JSC Debt-to-Equity?

Ha Do Group JSC STC:HDG -2.12% 83 Debt-to-Equity is 0.68 as of Mar. 2026, which is 58% below its 10-year median of 1.61. GuruFocus rates STC:HDG with a GF Score™ of 83/100 and a GF Value™ of ₫20,292.29 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,542 Real Estate companies, Ha Do Group JSC ranks better than 52.14% on this metric.

Ha Do Group JSC's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ₫637,389 Mil. Ha Do Group JSC's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ₫3,935,139 Mil. Ha Do Group JSC's Total Stockholders Equity for the quarter that ended in Mar. 2026 was ₫6,726,559 Mil. Ha Do Group JSC's debt to equity for the quarter that ended in Mar. 2026 was 0.68.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Ha Do Group JSC's Debt-to-Equity or its related term are showing as below:

STC:HDG' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.68   Med: 1.61   Max: 2.66
Current: 0.68

During the past 13 years, the highest Debt-to-Equity Ratio of Ha Do Group JSC was 2.66. The lowest was 0.68. And the median was 1.61.

STC:HDG's Debt-to-Equity is ranked better than
52.14% of 1542 companies
in the Real Estate industry
Industry Median: 0.73 vs STC:HDG: 0.68

Ha Do Group JSC  (STC:HDG) Debt-to-Equity Explanation

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


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Ha Do Group JSC Debt-to-Equity Related Terms


Ha Do Group JSC Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Ha Do Group JSC's Debt-to-Equity 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.

Ha Do Group JSC Debt-to-Equity Chart

Ha Do Group JSC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.70 1.15 0.92 0.80 0.69

Ha Do Group 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-Equity 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 0.77 0.81 0.75 0.69 0.68

Ha Do Group JSC Debt-to-Equity Competitor Comparison

For the Real Estate - Development subindustry, Ha Do Group JSC's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.


Ha Do Group JSC Debt-to-Equity vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Ha Do Group JSC's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Ha Do Group JSC's Debt-to-Equity falls into.


STC:HDG
83GF Score
Ha Do Group JSC STC:HDG
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ha Do Group JSC Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Ha Do Group JSC's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Ha Do Group JSC's Debt to Equity Ratio for the quarter that ended in Mar. 2026 is calculated as

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.68 mean?
Ha Do Group JSC (STC:HDG) has a Debt-to-Equity of 0.68 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Ha Do Group JSC and its competitors. This is 58% below median its historical median of 1.61. Over the past decade, Ha Do Group JSC's Debt-to-Equity has ranged from 0.68 to 2.66. According to the industry distribution chart, Ha Do Group JSC ranks #738 out of 1542 companies in the Real Estate industry, placing it in the top 47.9%.
Is Ha Do Group JSC's Debt-to-Equity too high?
Ha Do Group JSC's current Debt-to-Equity of 0.68 is 58% below median its 10-year median of 1.61. Over the past 10 years, this metric has ranged from a low of 0.68 to a high of 2.66. The Real Estate industry median Debt-to-Equity is 0.73. Ha Do Group JSC's value of 0.68 is 6.8% below this industry median. Based on the distribution chart, Ha Do Group JSC ranks #738 out of 1542 companies in the Real Estate industry, which is above the industry midpoint. Overall, Ha Do Group JSC has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ha Do Group JSC's Debt-to-Equity compare to competitors?
According to the Real Estate industry distribution chart, Ha Do Group JSC ranks #738 out of 1542 companies for Debt-to-Equity. This puts Ha Do Group JSC in the upper half of its industry. The industry median Debt-to-Equity is 0.73. Ha Do Group JSC's value of 0.68 is 6.8% below this benchmark. Historically, Ha Do Group JSC's own Debt-to-Equity has ranged from 0.68 to 2.66 over the past decade. While the company's 10-year median is 1.61 vs. the industry median of 0.73, Ha Do Group JSC has consistently been below 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-Equity for a Real Estate company?
The median Debt-to-Equity among Real Estate companies is 0.73, based on 1,542 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ha Do Group JSC's current Debt-to-Equity of 0.68 is 6.8% below 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-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Ha Do Group JSC and its competitors. For the Real Estate industry, the median Debt-to-Equity is 0.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ha Do Group JSC's current Debt-to-Equity is 0.68, which is 58% below median its own 10-year median of 1.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ha Do Group JSC stock overvalued right now?
Based on GuruFocus' analysis, Ha Do Group JSC (STC:HDG) is currently considered Modestly Undervalued. The stock's GF Value™ is ₫20,292.29, compared to a current price of ₫16,150.00 — trading 20.4% below its estimated fair value. The current Debt-to-Equity is 0.68, which is 58% below median its 10-year median of 1.61 and 6.8% below the Real Estate industry median of 0.73. Ha Do Group JSC's overall GF Score™ is 83/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Ha Do Group JSC (STC:HDG), the current Debt-to-Equity is 0.68 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 Ha Do Group JSC (STC:HDG) Overvalued in 2026?

Based on GuruFocus' analysis, Ha Do Group JSC stock appears to be undervalued. The current stock price of ₫16,150.00 is trading 20.4% below its estimated GF Value™ of ₫20,292.29. GuruFocus considers Ha Do Group JSC to be Modestly Undervalued.

Key valuation signals for STC:HDG:

  • Debt-to-Equity: 0.68 (58% below median its 10-year median of 1.61)
  • GF Value™: ₫20,292.29 vs. price of ₫16,150.00 (20.4% below fair value)
  • GF Score™: 83/100 with 2 warning signs
  • Industry Position: 6.8% below the Real Estate median (#738 of 1542)

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


Ha Do Group JSC Business Description

Address 8 Lang Ha Street, Giang Vo Ward, Hanoi, VNM
Ha Do Group JSC is a Vietnam-based company engaged in the investment, construction, and trading of real estate; investment, construction, production and trading of electricity; provision of hotel services; management; office leasing, and other services. The company generates the majority of its revenue from electricity production and business activities.
83GF Score

Get the complete analysis for STC:HDG

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

₫16,150.00
Price
₫20,292.29
GF Value