Hanoi Beer Alcohol and Beverage JSC (STC:BHN) Return-on-Tangible-Asset: 11.78% (As of Jun. 2026) — 85% Above Median

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STC:BHN Hanoi Beer Alcohol and Beverage JSC STC:BHN
78 GF Score
Price ₫31,400.00
GF Value ₫42,937.79
Valuation Modestly Undervalued
! 1 Warning Sign
View Full Analysis

What is Hanoi Beer Alcohol and Beverage JSC Return-on-Tangible-Asset?

Hanoi Beer Alcohol and Beverage JSC STC:BHN 78 Return-on-Tangible-Asset is 11.78% as of Jun. 2026, which is 85% above its 10-year median of 6.37. GuruFocus rates STC:BHN with a GF Score™ of 78/100 and a GF Value™ of ₫42,937.79 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 208 Beverages - Alcoholic companies, Hanoi Beer Alcohol and Beverage JSC ranks better than 74.04% 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. Hanoi Beer Alcohol and Beverage JSC's annualized Net Income for the quarter that ended in Jun. 2026 was ₫889,501 Mil. Hanoi Beer Alcohol and Beverage JSC's average total tangible assets for the quarter that ended in Jun. 2026 was ₫7,552,650 Mil. Therefore, Hanoi Beer Alcohol and Beverage JSC's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 11.78%.

The historical rank and industry rank for Hanoi Beer Alcohol and Beverage JSC's Return-on-Tangible-Asset or its related term are showing as below:

STC:BHN' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 4.17   Med: 6.37   Max: 8.57
Current: 7.87

During the past 9 years, Hanoi Beer Alcohol and Beverage JSC's highest Return-on-Tangible-Asset was 8.57%. The lowest was 4.17%. And the median was 6.37%.

STC:BHN's Return-on-Tangible-Asset is ranked better than
74.04% of 208 companies
in the Beverages - Alcoholic industry
Industry Median: 3.175 vs STC:BHN: 7.87

Hanoi Beer Alcohol and Beverage JSC  (STC:BHN) 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.


Hanoi Beer Alcohol and Beverage JSC Return-on-Tangible-Asset Related Terms


Hanoi Beer Alcohol and Beverage JSC Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Hanoi Beer Alcohol and Beverage JSC'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.

Hanoi Beer Alcohol and Beverage JSC Return-on-Tangible-Asset Chart

Hanoi Beer Alcohol and Beverage JSC Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only 4.17 6.56 4.72 5.20 6.37

Hanoi Beer Alcohol and Beverage JSC Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.06 11.74 3.83 4.22 11.78

STC:BHN vs STZ, TAP: Return-on-Tangible-Asset Comparison

For the Beverages - Brewers subindustry, Hanoi Beer Alcohol and Beverage JSC'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.


Hanoi Beer Alcohol and Beverage JSC Return-on-Tangible-Asset vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Hanoi Beer Alcohol and Beverage JSC's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Hanoi Beer Alcohol and Beverage JSC's Return-on-Tangible-Asset falls into.


STC:BHN
78GF Score
Hanoi Beer Alcohol and Beverage JSC STC:BHN
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hanoi Beer Alcohol and Beverage JSC Return-on-Tangible-Asset Calculation

Hanoi Beer Alcohol and Beverage JSC's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=467204.926/( (7183982.749+7480963.242)/ 2 )
=467204.926/7332472.9955
=6.37 %

Hanoi Beer Alcohol and Beverage JSC's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=889501.42/( (7144154.677+7961145.425)/ 2 )
=889501.42/7552650.051
=11.78 %

* 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 (Jun. 2026) net income data.

What does a Return-on-Tangible-Asset of 11.78% mean?
Hanoi Beer Alcohol and Beverage JSC (STC:BHN) has a Return-on-Tangible-Asset of 11.78% as of Jun. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Hanoi Beer Alcohol and Beverage JSC and its competitors. This is 85% above median its historical median of 6.37. Over the past decade, Hanoi Beer Alcohol and Beverage JSC's Return-on-Tangible-Asset has ranged from 4.17 to 8.57. According to the industry distribution chart, Hanoi Beer Alcohol and Beverage JSC ranks #54 out of 208 companies in the Beverages - Alcoholic industry, placing it in the top 26%.
Is Hanoi Beer Alcohol and Beverage JSC's Return-on-Tangible-Asset too high?
Hanoi Beer Alcohol and Beverage JSC's current Return-on-Tangible-Asset of 11.78% is 85% above median its 10-year median of 6.37. Over the past 10 years, this metric has ranged from a low of 4.17 to a high of 8.57. The Beverages - Alcoholic industry median Return-on-Tangible-Asset is 3.18. Hanoi Beer Alcohol and Beverage JSC's value of 11.78% is 271% above this industry median. Based on the distribution chart, Hanoi Beer Alcohol and Beverage JSC ranks #54 out of 208 companies in the Beverages - Alcoholic industry, which is above the industry midpoint. Overall, Hanoi Beer Alcohol and Beverage JSC has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hanoi Beer Alcohol and Beverage JSC's Return-on-Tangible-Asset compare to STZ and TAP?
According to the Beverages - Alcoholic industry distribution chart, Hanoi Beer Alcohol and Beverage JSC ranks #54 out of 208 companies for Return-on-Tangible-Asset. This puts Hanoi Beer Alcohol and Beverage JSC in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.18. Hanoi Beer Alcohol and Beverage JSC's value of 11.78% is 271% above this benchmark. Historically, Hanoi Beer Alcohol and Beverage JSC's own Return-on-Tangible-Asset has ranged from 4.17 to 8.57 over the past decade. While the company's 10-year median is 6.37 vs. the industry median of 3.18, Hanoi Beer Alcohol and Beverage JSC has consistently been above 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 Beverages - Alcoholic company?
The median Return-on-Tangible-Asset among Beverages - Alcoholic companies is 3.18, based on 208 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. Hanoi Beer Alcohol and Beverage JSC's current Return-on-Tangible-Asset of 11.78% is 271% 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 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 Hanoi Beer Alcohol and Beverage JSC and its competitors. For the Beverages - Alcoholic industry, the median Return-on-Tangible-Asset is 3.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hanoi Beer Alcohol and Beverage JSC's current Return-on-Tangible-Asset is 11.78%, which is 85% above median its own 10-year median of 6.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hanoi Beer Alcohol and Beverage JSC stock overvalued right now?
Based on GuruFocus' analysis, Hanoi Beer Alcohol and Beverage JSC (STC:BHN) is currently considered Modestly Undervalued. The stock's GF Value™ is ₫42,937.79, compared to a current price of ₫31,400.00 — trading 26.9% below its estimated fair value. The current Return-on-Tangible-Asset is 11.78%, which is 85% above median its 10-year median of 6.37 and 271% above the Beverages - Alcoholic industry median of 3.18. Hanoi Beer Alcohol and Beverage JSC's overall GF Score™ is 78/100 with 1 warning sign 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 Hanoi Beer Alcohol and Beverage JSC (STC:BHN), the current Return-on-Tangible-Asset is 11.78% as of Jun. 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 Hanoi Beer Alcohol and Beverage JSC (STC:BHN) Overvalued in 2026?

Based on GuruFocus' analysis, Hanoi Beer Alcohol and Beverage JSC stock appears to be undervalued. The current stock price of ₫31,400.00 is trading 26.9% below its estimated GF Value™ of ₫42,937.79. GuruFocus considers Hanoi Beer Alcohol and Beverage JSC to be Modestly Undervalued.

Key valuation signals for STC:BHN:

  • Return-on-Tangible-Asset: 11.78% (85% above median its 10-year median of 6.37)
  • GF Value™: ₫42,937.79 vs. price of ₫31,400.00 (26.9% below fair value)
  • GF Score™: 78/100 with 1 warning sign
  • Industry Position: 271% above the Beverages - Alcoholic median (#54 of 208)

No single metric tells the full story. See the STC:BHN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hanoi Beer Alcohol and Beverage JSC Business Description

Address 183 Hoang Hoa Tham Street, Ba Dinh District, Hanoi, VNM
Hanoi Beer Alcohol and Beverage JSC operate in the beverage industry. It produces beers, wines, and beverages. Its product lines include draft beer Hanoi, bia ion Hanoi, bia truc Bach, Hanoi beer premium. Company's products distributed in the domestic market and foreign markets such as Taiwan and Korea.
78GF Score

Get the complete analysis for STC:BHN

Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₫31,400.00
Price
₫42,937.79
GF Value