Thuan Duc JSC (STC:TDP) Debt-to-Equity: 2.44 (As of Mar. 2026) — Near Median

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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
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:TDP Thuan Duc JSC STC:TDP
87 GF Score
Price ₫28,700.00
GF Value ₫38,871.35
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Thuan Duc JSC Debt-to-Equity?

Thuan Duc JSC STC:TDP -0.35% 87 Debt-to-Equity is 2.44 as of Mar. 2026, which is 2% below its 10-year median of 2.50. GuruFocus rates STC:TDP with a GF Score™ of 87/100 and a GF Value™ of ₫38,871.35 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 362 Packaging & Containers companies, Thuan Duc JSC ranks worse than 95.86% on this metric.

Thuan Duc JSC's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ₫2,743,314 Mil. Thuan Duc JSC's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ₫254,653 Mil. Thuan Duc JSC's Total Stockholders Equity for the quarter that ended in Mar. 2026 was ₫1,230,826 Mil. Thuan Duc JSC's debt to equity for the quarter that ended in Mar. 2026 was 2.44.

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 Thuan Duc JSC's Debt-to-Equity or its related term are showing as below:

STC:TDP' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.63   Med: 2.5   Max: 2.92
Current: 2.44

During the past 8 years, the highest Debt-to-Equity Ratio of Thuan Duc JSC was 2.92. The lowest was 1.63. And the median was 2.50.

STC:TDP's Debt-to-Equity is ranked worse than
95.86% of 362 companies
in the Packaging & Containers industry
Industry Median: 0.43 vs STC:TDP: 2.44

Thuan Duc JSC  (STC:TDP) 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.


Thuan Duc JSC Debt-to-Equity Related Terms


Thuan Duc JSC Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Thuan Duc 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.

Thuan Duc JSC Debt-to-Equity Chart

Thuan Duc JSC Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial 2.39 2.79 2.82 2.49 2.61

Thuan Duc 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 2.53 2.44 2.60 2.61 2.44

STC:TDP vs SW, PKG, IP: Debt-to-Equity Comparison

For the Packaging & Containers subindustry, Thuan Duc 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.


Thuan Duc JSC Debt-to-Equity vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Thuan Duc JSC's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Thuan Duc JSC's Debt-to-Equity falls into.


STC:TDP
87GF Score
Thuan Duc JSC STC:TDP
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thuan Duc JSC Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Thuan Duc 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 2.44 mean?
Thuan Duc JSC (STC:TDP) has a Debt-to-Equity of 2.44 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Thuan Duc JSC and its competitors. This is near median its historical median of 2.50. Over the past decade, Thuan Duc JSC's Debt-to-Equity has ranged from 1.63 to 2.92. According to the industry distribution chart, Thuan Duc JSC ranks #347 out of 362 companies in the Packaging & Containers industry, placing it in the top 95.9%.
Is Thuan Duc JSC's Debt-to-Equity too high?
Thuan Duc JSC's current Debt-to-Equity of 2.44 is near median its 10-year median of 2.50. Over the past 10 years, this metric has ranged from a low of 1.63 to a high of 2.92. The Packaging & Containers industry median Debt-to-Equity is 0.43. Thuan Duc JSC's value of 2.44 is 467.4% above this industry median. Based on the distribution chart, Thuan Duc JSC ranks #347 out of 362 companies in the Packaging & Containers industry, which is in the bottom quartile relative to peers. Overall, Thuan Duc JSC has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Thuan Duc JSC's Debt-to-Equity compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Thuan Duc JSC ranks #347 out of 362 companies for Debt-to-Equity. This places Thuan Duc JSC in the lower half of its industry. The industry median Debt-to-Equity is 0.43. Thuan Duc JSC's value of 2.44 is 467.4% above this benchmark. Historically, Thuan Duc JSC's own Debt-to-Equity has ranged from 1.63 to 2.92 over the past decade. While the company's 10-year median is 2.50 vs. the industry median of 0.43, Thuan Duc 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-Equity for a Packaging & Containers company?
The median Debt-to-Equity among Packaging & Containers companies is 0.43, based on 362 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. Thuan Duc JSC's current Debt-to-Equity of 2.44 is 467.4% 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-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 Thuan Duc JSC and its competitors. For the Packaging & Containers industry, the median Debt-to-Equity is 0.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thuan Duc JSC's current Debt-to-Equity is 2.44, which is near median its own 10-year median of 2.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thuan Duc JSC stock overvalued right now?
Based on GuruFocus' analysis, Thuan Duc JSC (STC:TDP) is currently considered Modestly Undervalued. The stock's GF Value™ is ₫38,871.35, compared to a current price of ₫28,700.00 — trading 26.2% below its estimated fair value. The current Debt-to-Equity is 2.44, which is near median its 10-year median of 2.50 and 467.4% above the Packaging & Containers industry median of 0.43. Thuan Duc JSC's overall GF Score™ is 87/100 with 6 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 Thuan Duc JSC (STC:TDP), the current Debt-to-Equity is 2.44 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 Thuan Duc JSC (STC:TDP) Overvalued in 2026?

Based on GuruFocus' analysis, Thuan Duc JSC stock appears to be undervalued. The current stock price of ₫28,700.00 is trading 26.2% below its estimated GF Value™ of ₫38,871.35. GuruFocus considers Thuan Duc JSC to be Modestly Undervalued.

Key valuation signals for STC:TDP:

  • Debt-to-Equity: 2.44 (near median its 10-year median of 2.50)
  • GF Value™: ₫38,871.35 vs. price of ₫28,700.00 (26.2% below fair value)
  • GF Score™: 87/100 with 6 warning signs
  • Industry Position: 467.4% above the Packaging & Containers median (#347 of 362)

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


Thuan Duc JSC Business Description

Address Bang Ngang village, Luong Bang commune, Hung Yen Province, Hung Yen, VNM
Thuan Duc JSC is engaged in the production of PP woven packaging products for both domestic and export markets, as well as the trading of plastic resins and other activities as registered in its Enterprise Registration Certificate. The Company's product portfolio includes jumbo packaging, PP non-woven fabric, shopping bags (PP shopping bags), and various types of packaging solutions such as agricultural product packaging, animal feed packaging, fertilizer packaging, and construction packaging.
87GF Score

Get the complete analysis for STC:TDP

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

₫28,700.00
Price
₫38,871.35
GF Value