Saigon - Hanoi Securities JSCHSTC:SHS 77 Gross Margin % is 57.08% as of Mar. 2026, which is 9% below its 10-year median of 62.88. GuruFocus rates HSTC:SHS with a GF Score™ of 77/100 and a GF Value™ of ₫23,758.30 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 548 Asset Management companies, Saigon - Hanoi Securities JSC ranks worse than 52.92% on this metric.
Saigon - Hanoi Securities JSC (HSTC:SHS) Gross Margin % Explanation
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Saigon - Hanoi Securities JSC had a gross margin of 57.08% for the quarter that ended in Mar. 2026 => Durable competitive advantage
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
Saigon - Hanoi Securities JSC Gross Margin % Related Terms
Saigon - Hanoi Securities JSC Gross Margin % Historical Data
* 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 Gross Margin % Chart
HSTC:SHS vs BLK, BX, KKR: Gross Margin % Comparison
For the Asset Management subindustry, Saigon - Hanoi Securities JSC's Gross Margin %, along with its competitors' market caps and Gross Margin % 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 Gross Margin % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Saigon - Hanoi Securities JSC's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Saigon - Hanoi Securities JSC's Gross Margin % falls into.
* 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.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Saigon - Hanoi Securities JSC (HSTC:SHS) has a Gross Margin % of 57.08% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Saigon - Hanoi Securities JSC and its competitors. This is near median its historical median of 62.88. According to the industry distribution chart, Saigon - Hanoi Securities JSC ranks #290 out of 548 companies in the Asset Management industry, placing it in the top 52.9%.
Is Saigon - Hanoi Securities JSC's Gross Margin % too high?
Saigon - Hanoi Securities JSC's current Gross Margin % of 57.08% is near median its 10-year median of 62.88. The Asset Management industry median Gross Margin % is 57.90. Saigon - Hanoi Securities JSC's value of 57.08% is 1.4% below this industry median. Based on the distribution chart, Saigon - Hanoi Securities JSC ranks #290 out of 548 companies in the Asset Management industry, which is below the industry midpoint. Overall, Saigon - Hanoi Securities JSC has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Saigon - Hanoi Securities JSC's Gross Margin % compare to BLK and BX?
According to the Asset Management industry distribution chart, Saigon - Hanoi Securities JSC ranks #290 out of 548 companies for Gross Margin %. This places Saigon - Hanoi Securities JSC in the lower half of its industry. The industry median Gross Margin % is 57.90. Saigon - Hanoi Securities JSC's value of 57.08% is 1.4% below this benchmark. While the company's 10-year median is 62.88 vs. the industry median of 57.90, Saigon - Hanoi Securities 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 Gross Margin % for an Asset Management company?
The median Gross Margin % among Asset Management companies is 57.90, based on 548 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Saigon - Hanoi Securities JSC's current Gross Margin % of 57.08% is 1.4% 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 Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Saigon - Hanoi Securities JSC and its competitors. For the Asset Management industry, the median Gross Margin % is 57.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Saigon - Hanoi Securities JSC's current Gross Margin % is 57.08%, which is near median its own 10-year median of 62.88. 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 Modestly Undervalued. The stock's GF Value™ is ₫23,758.30, compared to a current price of ₫18,800.00 — trading 20.9% below its estimated fair value. The current Gross Margin % is 57.08%, which is near median its 10-year median of 62.88 and 1.4% below the Asset Management industry median of 57.90. Saigon - Hanoi Securities JSC's overall GF Score™ is 77/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Saigon - Hanoi Securities JSC (HSTC:SHS), the current Gross Margin % is 57.08% 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 ₫18,800.00 is trading 20.9% below its estimated GF Value™ of ₫23,758.30.
GuruFocus considers Saigon - Hanoi Securities JSC to be Modestly Undervalued.
Key valuation signals for HSTC:SHS:
Gross Margin %: 57.08% (near median its 10-year median of 62.88)
GF Value™: ₫23,758.30 vs. price of ₫18,800.00 (20.9% below fair value)
Industry Position: 1.4% below the Asset Management median (#290 of 548)
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
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