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"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."
Hoa Phat Group JSC does not have enough data to calculate Owner Earnings per Share (TTM), so as Price-to-Owner-Earnings ratio.
The historical rank and industry rank for Hoa Phat Group JSC's Owner Earnings per Share (TTM) or its related term are showing as below:
STC:HPG'
s Price-to-Owner-Earnings Range Over the Past 10 Years
Min: 5.68 Med: 21.57 Max: 1219.1
Current: 11.03
Assumption: Companies usually do not report maintenance capital expenditures and growth capital expenditures separately. Here we use estimated numbers and average them over 5 years. The method to estimate maintenance capital expenditures can be found in above part 4.
Note: GuruFocus' Change In Working Capital is provided by FactSet. It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement from original financial report. And it includes non-current parts of assets and liabilities.
Hoa Phat Group JSC Owner Earnings per Share (TTM) Related Terms
Hoa Phat Group JSC Owner Earnings per Share (TTM) Historical Data
* Premium members only.
The historical data trend for Hoa Phat Group JSC's Owner Earnings per Share (TTM) 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.
Hoa Phat Group JSC Owner Earnings per Share (TTM) Chart
STC:HPG vs NUE, STLD, RS: Owner Earnings per Share (TTM) Comparison
For the Steel subindustry, Hoa Phat Group JSC's Price-to-Owner-Earnings, along with its competitors' market caps and Price-to-Owner-Earnings 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.
Hoa Phat Group JSC Price-to-Owner-Earnings vs Steel Industry
For the Steel industry and Basic Materials sector, Hoa Phat Group JSC's Price-to-Owner-Earnings distribution charts can be found below:
* The bar in red indicates where Hoa Phat Group JSC's Price-to-Owner-Earnings falls into.
"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume. (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."
What does a Owner Earnings per Share (TTM) of 1,931.40 mean?
Hoa Phat Group JSC (STC:HPG) has a Owner Earnings per Share (TTM) of 1,931.40 as of Dec. 2025. Warren Buffett defined owner earnings as reported earnings plus depreciation less average maintenance capital expenditure. View historical data on Hoa Phat Group JSC. According to the industry distribution chart, Hoa Phat Group JSC ranks #118 out of 266 companies in the Steel industry, placing it in the top 44.4%.
Is Hoa Phat Group JSC's Owner Earnings per Share (TTM) too high?
Hoa Phat Group JSC's current Owner Earnings per Share (TTM) is 1,931.40. The Steel industry median Owner Earnings per Share (TTM) is 12.81. Hoa Phat Group JSC's value of 1,931.40 is 14977.3% above this industry median. Based on the distribution chart, Hoa Phat Group JSC ranks #118 out of 266 companies in the Steel industry, which is above the industry midpoint. Overall, Hoa Phat Group JSC has a GF Score™ of 92/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Hoa Phat Group JSC's Owner Earnings per Share (TTM) compare to NUE and STLD?
According to the Steel industry distribution chart, Hoa Phat Group JSC ranks #118 out of 266 companies for Owner Earnings per Share (TTM). This puts Hoa Phat Group JSC in the upper half of its industry. The industry median Owner Earnings per Share (TTM) is 12.81. Hoa Phat Group JSC's value of 1,931.40 is 14977.3% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Owner Earnings per Share (TTM) for a Steel company?
The median Owner Earnings per Share (TTM) among Steel companies is 12.81, based on 266 companies in the industry. Companies in the top quartile (top 25%) have a Owner Earnings per Share (TTM) significantly above this median, while those in the bottom quartile fall well below. However, Owner Earnings per Share (TTM) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hoa Phat Group JSC's current Owner Earnings per Share (TTM) of 1,931.40 is 14977.3% 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 Owner Earnings per Share (TTM) mean?
A high Owner Earnings per Share (TTM) can signal that a stock is expensive relative to its fundamentals. Warren Buffett defined owner earnings as reported earnings plus depreciation less average maintenance capital expenditure. View historical data on Hoa Phat Group JSC. For the Steel industry, the median Owner Earnings per Share (TTM) is 12.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hoa Phat Group JSC's current Owner Earnings per Share (TTM) is 1,931.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hoa Phat Group JSC stock overvalued right now?
Based on GuruFocus' analysis, Hoa Phat Group JSC (STC:HPG) is currently considered Possible Value Trap. The stock's GF Value™ is ₫31,879.43, compared to a current price of ₫21,100.00 — trading 33.8% below its estimated fair value. The current Owner Earnings per Share (TTM) is 1,931.40 and 14977.3% above the Steel industry median of 12.81. Hoa Phat Group JSC's overall GF Score™ is 92/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Owner Earnings per Share (TTM) calculated?
Owner Earnings per Share (TTM) is calculated from a company's financial statements. For Hoa Phat Group JSC (STC:HPG), the current Owner Earnings per Share (TTM) is 1,931.40 as of Dec. 2025. 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 Hoa Phat Group JSC (STC:HPG) Overvalued in 2026?
Based on GuruFocus' analysis, Hoa Phat Group JSC stock appears to be undervalued.
The current stock price of ₫21,100.00 is trading 33.8% below its estimated GF Value™ of ₫31,879.43.
GuruFocus considers Hoa Phat Group JSC to be Possible Value Trap.
Key valuation signals for STC:HPG:
Owner Earnings per Share (TTM): 1,931.40
GF Value™: ₫31,879.43 vs. price of ₫21,100.00 (33.8% below fair value)
Industry Position: 14977.3% above the Steel median (#118 of 266)
No single metric tells the full story. See the STC:HPG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hoa Phat Group JSC is engaged in the business of steel production and trading. The company operates through four segments which include Production and trading of steel:, Other industrial production, Construction and development of real estate, and Agriculture. The core segment for operations is the steel production and trading accounts for the majority of the Groups revenue.
92GF Score
Get the complete analysis for STC:HPG
Owner Earnings per Share (TTM) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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