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Phu Hung SecuritiesHSTC:PHS 79 Return-on-Tangible-Asset is 0.25% as of Mar. 2026, which is 89% below its 10-year median of 2.38. GuruFocus rates HSTC:PHS with a GF Score™ of 79/100 and a GF Value™ of ₫11,892.15 (Fairly Valued). The stock has 5 warning signs investors should review. Among 818 Capital Markets companies, Phu Hung Securities ranks worse than 50.12% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Phu Hung Securities's annualizedNet Income for the quarter that ended in Mar. 2026 was ₫14,030 Mil. Phu Hung Securities's average total tangible assets for the quarter that ended in Mar. 2026 was ₫5,687,284 Mil. Therefore, Phu Hung Securities's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 0.25%.
The historical rank and industry rank for Phu Hung Securities's Return-on-Tangible-Asset or its related term are showing as below:
HSTC:PHS'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.16 Med: 2.38 Max: 4.09
Current: 1.52
During the past 7 years, Phu Hung Securities's highest Return-on-Tangible-Asset was 4.09%. The lowest was 1.16%. And the median was 2.38%.
HSTC:PHS's Return-on-Tangible-Asset is ranked worse than 50.12% of 818
companies
in the Capital Markets industry
Industry Median: 1.53
vs HSTC:PHS: 1.52
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
Phu Hung Securities Return-on-Tangible-Asset Related Terms
Phu Hung Securities Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Phu Hung Securities's Return-on-Tangible-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.
HSTC:PHS vs MS, GS, SCHW: Return-on-Tangible-Asset Comparison
For the Capital Markets subindustry, Phu Hung Securities's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-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.
Phu Hung Securities Return-on-Tangible-Asset vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Phu Hung Securities's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Phu Hung Securities's Return-on-Tangible-Asset 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.
In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 0.25% mean?
Phu Hung Securities (HSTC:PHS) has a Return-on-Tangible-Asset of 0.25% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Phu Hung Securities and its competitors. This is 89% below median its historical median of 2.38. Over the past decade, Phu Hung Securities' Return-on-Tangible-Asset has ranged from 1.16 to 4.09. According to the industry distribution chart, Phu Hung Securities ranks #410 out of 818 companies in the Capital Markets industry, placing it in the top 50.1%.
Is Phu Hung Securities' Return-on-Tangible-Asset too high?
Phu Hung Securities' current Return-on-Tangible-Asset of 0.25% is 89% below median its 10-year median of 2.38. Over the past 10 years, this metric has ranged from a low of 1.16 to a high of 4.09. The Capital Markets industry median Return-on-Tangible-Asset is 1.53. Phu Hung Securities' value of 0.25% is 83.7% below this industry median. Based on the distribution chart, Phu Hung Securities ranks #410 out of 818 companies in the Capital Markets industry, which is below the industry midpoint. Overall, Phu Hung Securities has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Phu Hung Securities' Return-on-Tangible-Asset compare to MS and GS?
According to the Capital Markets industry distribution chart, Phu Hung Securities ranks #410 out of 818 companies for Return-on-Tangible-Asset. This places Phu Hung Securities in the lower half of its industry. The industry median Return-on-Tangible-Asset is 1.53. Phu Hung Securities' value of 0.25% is 83.7% below this benchmark. Historically, Phu Hung Securities' own Return-on-Tangible-Asset has ranged from 1.16 to 4.09 over the past decade. While the company's 10-year median is 2.38 vs. the industry median of 1.53, Phu Hung Securities 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 Return-on-Tangible-Asset for a Capital Markets company?
The median Return-on-Tangible-Asset among Capital Markets companies is 1.53, based on 818 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Phu Hung Securities's current Return-on-Tangible-Asset of 0.25% is 83.7% 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 Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Phu Hung Securities and its competitors. For the Capital Markets industry, the median Return-on-Tangible-Asset is 1.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Phu Hung Securities's current Return-on-Tangible-Asset is 0.25%, which is 89% below median its own 10-year median of 2.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Phu Hung Securities stock overvalued right now?
Based on GuruFocus' analysis, Phu Hung Securities (HSTC:PHS) is currently considered Fairly Valued. The stock's GF Value™ is ₫11,892.15, compared to a current price of ₫10,800.00 — trading 9.2% below its estimated fair value. The current Return-on-Tangible-Asset is 0.25%, which is 89% below median its 10-year median of 2.38 and 83.7% below the Capital Markets industry median of 1.53. Phu Hung Securities' overall GF Score™ is 79/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Phu Hung Securities (HSTC:PHS), the current Return-on-Tangible-Asset is 0.25% 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 Phu Hung Securities (HSTC:PHS) Overvalued in 2026?
Based on GuruFocus' analysis, Phu Hung Securities stock appears to be undervalued.
The current stock price of ₫10,800.00 is trading 9.2% below its estimated GF Value™ of ₫11,892.15.
GuruFocus considers Phu Hung Securities to be Fairly Valued.
Key valuation signals for HSTC:PHS:
Return-on-Tangible-Asset: 0.25% (89% below median its 10-year median of 2.38)
GF Value™: ₫11,892.15 vs. price of ₫10,800.00 (9.2% below fair value)
Industry Position: 83.7% below the Capital Markets median (#410 of 818)
No single metric tells the full story. See the HSTC:PHS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Phu Hung Securities Corp provides financial trading services. The principal activities of the Company include carrying out securities brokerage, securities trading, securities investment advisory, margin loan, securities custody, and securities underwriting. The company operates into four business segments: Securities brokerage, Securities trading, Treasury activities and others, out of which it generates maximum revenue from the Treasury Activities Segment.
79GF Score
Get the complete analysis for HSTC:PHS
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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