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Thac BA Hydropower JSCSTC:TBC 68 Equity-to-Asset is 0.65 as of Mar. 2026, which is 7% below its 10-year median of 0.70. GuruFocus rates STC:TBC with a GF Score™ of 68/100 and a GF Value™ of ₫43,510.62 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 458 Utilities - Independent Power Producers companies, Thac BA Hydropower JSC ranks better than 76.2% on this metric.
Thac BA Hydropower JSC (STC:TBC) Equity-to-Asset Explanation
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
Thac BA Hydropower JSC Equity-to-Asset Related Terms
Thac BA Hydropower JSC Equity-to-Asset Historical Data
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The historical data trend for Thac BA Hydropower JSC's Equity-to-Asset 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.
STC:TBC vs CEG, VST, NRG: Equity-to-Asset Comparison
For the Utilities - Independent Power Producers subindustry, Thac BA Hydropower JSC's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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.
Thac BA Hydropower JSC Equity-to-Asset vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Thac BA Hydropower JSC's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Thac BA Hydropower JSC's Equity-to-Asset falls into.
Thac BA Hydropower JSC Equity-to-Asset Calculation
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
Thac BA Hydropower JSC's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 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.
Thac BA Hydropower JSC (STC:TBC) has a Equity-to-Asset of 0.65 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Thac BA Hydropower JSC and its competitors. This is near median its historical median of 0.70. Over the past decade, Thac BA Hydropower JSC's Equity-to-Asset has ranged from 0.53 to 0.98. According to the industry distribution chart, Thac BA Hydropower JSC ranks #109 out of 458 companies in the Utilities - Independent Power Producers industry, placing it in the top 23.8%.
Is Thac BA Hydropower JSC's Equity-to-Asset too high?
Thac BA Hydropower JSC's current Equity-to-Asset of 0.65 is near median its 10-year median of 0.70. Over the past 10 years, this metric has ranged from a low of 0.53 to a high of 0.98. The Utilities - Independent Power Producers industry median Equity-to-Asset is 0.41. Thac BA Hydropower JSC's value of 0.65 is 58.5% above this industry median. Based on the distribution chart, Thac BA Hydropower JSC ranks #109 out of 458 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, Thac BA Hydropower JSC has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Thac BA Hydropower JSC's Equity-to-Asset compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Thac BA Hydropower JSC ranks #109 out of 458 companies for Equity-to-Asset. This places Thac BA Hydropower JSC in the top 24% of its industry — outperforming the majority of peers. The industry median Equity-to-Asset is 0.41. Thac BA Hydropower JSC's value of 0.65 is 58.5% above this benchmark. Historically, Thac BA Hydropower JSC's own Equity-to-Asset has ranged from 0.53 to 0.98 over the past decade. While the company's 10-year median is 0.70 vs. the industry median of 0.41, Thac BA Hydropower 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 Equity-to-Asset for an Utilities - Independent Power Producers company?
The median Equity-to-Asset among Utilities - Independent Power Producers companies is 0.41, based on 458 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Thac BA Hydropower JSC's current Equity-to-Asset of 0.65 is 58.5% 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 Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Thac BA Hydropower JSC and its competitors. For the Utilities - Independent Power Producers industry, the median Equity-to-Asset is 0.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thac BA Hydropower JSC's current Equity-to-Asset is 0.65, which is near median its own 10-year median of 0.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thac BA Hydropower JSC stock overvalued right now?
Based on GuruFocus' analysis, Thac BA Hydropower JSC (STC:TBC) is currently considered Modestly Undervalued. The stock's GF Value™ is ₫43,510.62, compared to a current price of ₫32,500.00 — trading 25.3% below its estimated fair value. The current Equity-to-Asset is 0.65, which is near median its 10-year median of 0.70 and 58.5% above the Utilities - Independent Power Producers industry median of 0.41. Thac BA Hydropower JSC's overall GF Score™ is 68/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Thac BA Hydropower JSC (STC:TBC), the current Equity-to-Asset is 0.65 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 Thac BA Hydropower JSC (STC:TBC) Overvalued in 2026?
Based on GuruFocus' analysis, Thac BA Hydropower JSC stock appears to be undervalued.
The current stock price of ₫32,500.00 is trading 25.3% below its estimated GF Value™ of ₫43,510.62.
GuruFocus considers Thac BA Hydropower JSC to be Modestly Undervalued.
Key valuation signals for STC:TBC:
Equity-to-Asset: 0.65 (near median its 10-year median of 0.70)
GF Value™: ₫43,510.62 vs. price of ₫32,500.00 (25.3% below fair value)
Industry Position: 58.5% above the Utilities - Independent Power Producers median (#109 of 458)
No single metric tells the full story. See the STC:TBC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thac BA Hydropower JSC is a Vietnam-based company involved in producing and trading electricity. It is also involved in the management, operation, repair, maintenance, overhaul, and renovation of hydraulic works, architectural works, equipment of hydropower plants, and transformer stations. The other business activities of the organization are Testing and adjusting electrical equipment; Purchase and sale, import and export of materials and equipment; Consultancy of construction investment projects, construction investment management, supervision and supervision of construction and installation of electricity projects; Investing in power and grid projects; Fostering, training on management, operation, maintenance and repair of power plant equipment; and Business travel services.
68GF Score
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