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Thac BA Hydropower JSCSTC:TBC +3.01%66 Owner Earnings per Share (TTM) is 3,199.75 as of Dec. 2025. GuruFocus rates STC:TBC with a GF Score™ of 66/100 and a GF Value™ of ₫40,075.56 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 157 Utilities - Independent Power Producers companies, Thac BA Hydropower JSC ranks better than 56.69% on this metric.
"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)."
Thac BA Hydropower 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 Thac BA Hydropower JSC's Owner Earnings per Share (TTM) or its related term are showing as below:
STC:TBC'
s Price-to-Owner-Earnings Range Over the Past 10 Years
Min: 6.37 Med: 10.46 Max: 143.65
Current: 9.97
STC:TBC's Price-to-Owner-Earnings is ranked better than 56.69% of 157
companies
in the Utilities - Independent Power Producers industry
Industry Median: 12.55
vs STC:TBC: 9.97
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.
Thac BA Hydropower JSC Owner Earnings per Share (TTM) Related Terms
Thac BA Hydropower JSC Owner Earnings per Share (TTM) Historical Data
* Premium members only.
The historical data trend for Thac BA Hydropower 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.
Thac BA Hydropower JSC Owner Earnings per Share (TTM) Chart
STC:TBC vs CEG, VST, NRG: Owner Earnings per Share (TTM) Comparison
For the Utilities - Independent Power Producers subindustry, Thac BA Hydropower 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.
Thac BA Hydropower JSC Price-to-Owner-Earnings vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Thac BA Hydropower JSC's Price-to-Owner-Earnings distribution charts can be found below:
* The bar in red indicates where Thac BA Hydropower 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 3,199.75 mean?
Thac BA Hydropower JSC (STC:TBC) has a Owner Earnings per Share (TTM) of 3,199.75 as of Dec. 2025. Warren Buffett defined owner earnings as reported earnings plus depreciation less average maintenance capital expenditure. View historical data on Thac BA Hydropower JSC. According to the industry distribution chart, Thac BA Hydropower JSC ranks #68 out of 157 companies in the Utilities - Independent Power Producers industry, placing it in the top 43.3%.
Is Thac BA Hydropower JSC's Owner Earnings per Share (TTM) too high?
Thac BA Hydropower JSC's current Owner Earnings per Share (TTM) is 3,199.75. The Utilities - Independent Power Producers industry median Owner Earnings per Share (TTM) is 12.55. Thac BA Hydropower JSC's value of 3,199.75 is 25396% above this industry median. Based on the distribution chart, Thac BA Hydropower JSC ranks #68 out of 157 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Thac BA Hydropower JSC has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Thac BA Hydropower JSC's Owner Earnings per Share (TTM) compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Thac BA Hydropower JSC ranks #68 out of 157 companies for Owner Earnings per Share (TTM). This puts Thac BA Hydropower JSC in the upper half of its industry. The industry median Owner Earnings per Share (TTM) is 12.55. Thac BA Hydropower JSC's value of 3,199.75 is 25396% 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 an Utilities - Independent Power Producers company?
The median Owner Earnings per Share (TTM) among Utilities - Independent Power Producers companies is 12.55, based on 157 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. Thac BA Hydropower JSC's current Owner Earnings per Share (TTM) of 3,199.75 is 25396% 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 Thac BA Hydropower JSC. For the Utilities - Independent Power Producers industry, the median Owner Earnings per Share (TTM) is 12.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thac BA Hydropower JSC's current Owner Earnings per Share (TTM) is 3,199.75. 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 ₫40,075.56, compared to a current price of ₫32,500.00 — trading 18.9% below its estimated fair value. The current Owner Earnings per Share (TTM) is 3,199.75 and 25396% above the Utilities - Independent Power Producers industry median of 12.55. Thac BA Hydropower JSC's overall GF Score™ is 66/100 with 4 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 Thac BA Hydropower JSC (STC:TBC), the current Owner Earnings per Share (TTM) is 3,199.75 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 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 18.9% below its estimated GF Value™ of ₫40,075.56.
GuruFocus considers Thac BA Hydropower JSC to be Modestly Undervalued.
Key valuation signals for STC:TBC:
Owner Earnings per Share (TTM): 3,199.75
GF Value™: ₫40,075.56 vs. price of ₫32,500.00 (18.9% below fair value)
Industry Position: 25396% above the Utilities - Independent Power Producers median (#68 of 157)
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.
66GF Score
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