PetroVietnam Coating Joint Stock Company (HSTC:PVB) Return-on-Tangible-Asset: 0.00% (As of . 20)


What is PetroVietnam Coating Joint Stock Company Return-on-Tangible-Asset?

PetroVietnam Coating Joint Stock Company HSTC:PVB +2.58% Return-on-Tangible-Asset is 0.00% as of . 20.

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. PetroVietnam Coating Joint Stock Company's annualized Net Income for the quarter that ended in . 20 was ₫ Mil. PetroVietnam Coating Joint Stock Company's average total tangible assets for the quarter that ended in . 20 was ₫ Mil. Therefore, PetroVietnam Coating Joint Stock Company's annualized Return-on-Tangible-Asset for the quarter that ended in . 20 was 0.00%.

The historical rank and industry rank for PetroVietnam Coating Joint Stock Company's Return-on-Tangible-Asset or its related term are showing as below:

HSTC:PVB's Return-on-Tangible-Asset is not ranked *
in the Oil & Gas industry.
Industry Median: 1.99
* Ranked among companies with meaningful Return-on-Tangible-Asset only.

PetroVietnam Coating Joint Stock Company  (HSTC:PVB) Return-on-Tangible-Asset Explanation

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 company’s 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 company’s 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.

PetroVietnam Coating Joint Stock Company Return-on-Tangible-Asset Related Terms

PetroVietnam Coating Joint Stock Company Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for PetroVietnam Coating Joint Stock Company'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.

PetroVietnam Coating Joint Stock Company Return-on-Tangible-Asset Chart

PetroVietnam Coating Joint Stock Company Annual Data
Trend
Return-on-Tangible-Asset

PetroVietnam Coating Joint Stock Company Quarterly Data
Return-on-Tangible-Asset

HSTC:PVB vs TIRTZ, ESES, GLFH: Return-on-Tangible-Asset Comparison

For the Oil & Gas Equipment & Services subindustry, PetroVietnam Coating Joint Stock Company'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.

PetroVietnam Coating Joint Stock Company Return-on-Tangible-Asset vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, PetroVietnam Coating Joint Stock Company's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where PetroVietnam Coating Joint Stock Company's Return-on-Tangible-Asset falls into.


PetroVietnam Coating Joint Stock Company Return-on-Tangible-Asset Calculation

PetroVietnam Coating Joint Stock Company's annualized Return-on-Tangible-Asset for the fiscal year that ended in . 20 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=/( (+)/ )
=/
= %

PetroVietnam Coating Joint Stock Company's annualized Return-on-Tangible-Asset for the quarter that ended in . 20 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=/( (+)/ )
=/
= %

* 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 (. 20) net income data.

What does a Return-on-Tangible-Asset of 0.00% mean?
PetroVietnam Coating Joint Stock Company (HSTC:PVB) has a Return-on-Tangible-Asset of 0.00% as of . 20. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on PetroVietnam Coating Joint Stock Company and its competitors.
Is PetroVietnam Coating Joint Stock Company's Return-on-Tangible-Asset too high?
PetroVietnam Coating Joint Stock Company's current Return-on-Tangible-Asset is 0.00%.
How does PetroVietnam Coating Joint Stock Company's Return-on-Tangible-Asset compare to TIRTZ and ESES?
PetroVietnam Coating Joint Stock Company's Return-on-Tangible-Asset of 0.00% can be compared against companies in the Oil & Gas industry. The industry median Return-on-Tangible-Asset is 1.99. 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 an Oil & Gas company?
The median Return-on-Tangible-Asset among Oil & Gas companies is 1.99, based on 1,025 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. 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 PetroVietnam Coating Joint Stock Company and its competitors. For the Oil & Gas industry, the median Return-on-Tangible-Asset is 1.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PetroVietnam Coating Joint Stock Company's current Return-on-Tangible-Asset is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PetroVietnam Coating Joint Stock Company stock overvalued right now?
PetroVietnam Coating Joint Stock Company (HSTC:PVB) has a current Return-on-Tangible-Asset of 0.00%. The current Return-on-Tangible-Asset is 0.00%. 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 PetroVietnam Coating Joint Stock Company (HSTC:PVB), the current Return-on-Tangible-Asset is 0.00% as of . 20. 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.

PetroVietnam Coating Joint Stock Company Business Description

Industry EnergyOil & Gas
Address Street 2B, Phu My 1 Industrial Zone, Phu My Town, Ba Ria- Vung Tau Province, Tan Thanh, VNM
PetroVietnam Coating Joint Stock Company is a provider of coating services for offshore and onshore oil and gas pipeline projects. Its products include Insulated Covers, Northern Bend, and Fitting, Surface tubes, Wrapping Coating, and others. The company's projects include the PIPE Coating Project, EPC Project, and Field Joint Project, among others.