Ba Ria Thermal Power JSCSTC:BTP +0.24%65 Return-on-Tangible-Asset is 7.02% as of Dec. 2025, which is 55% above its 10-year median of 4.54. GuruFocus rates STC:BTP with a GF Score™ of 65/100 and a GF Value™ of ₫7,065.25 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 510 Utilities - Regulated companies, Ba Ria Thermal Power JSC ranks worse than 50.2% 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. Ba Ria Thermal Power JSC's annualizedNet Income for the quarter that ended in Dec. 2025 was ₫88,434 Mil. Ba Ria Thermal Power JSC's average total tangible assets for the quarter that ended in Dec. 2025 was ₫1,260,361 Mil. Therefore, Ba Ria Thermal Power JSC's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 7.02%.
The historical rank and industry rank for Ba Ria Thermal Power JSC's Return-on-Tangible-Asset or its related term are showing as below:
STC:BTP'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 3.14 Med: 4.54 Max: 9.39
Current: 3.3
During the past 13 years, Ba Ria Thermal Power JSC's highest Return-on-Tangible-Asset was 9.39%. The lowest was 3.14%. And the median was 4.54%.
STC:BTP's Return-on-Tangible-Asset is ranked worse than 50.2% of 510
companies
in the Utilities - Regulated industry
Industry Median: 3.305
vs STC:BTP: 3.30
Ba Ria Thermal Power JSC (STC:BTP) 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 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.
Ba Ria Thermal Power JSC Return-on-Tangible-Asset Related Terms
Ba Ria Thermal Power JSC Return-on-Tangible-Asset Historical Data
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The historical data trend for Ba Ria Thermal Power 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.
Ba Ria Thermal Power JSC Return-on-Tangible-Asset Chart
STC:BTP vs NEE, SO, DUK: Return-on-Tangible-Asset Comparison
For the Utilities - Regulated Electric subindustry, Ba Ria Thermal Power 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.
Ba Ria Thermal Power JSC Return-on-Tangible-Asset vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Ba Ria Thermal Power JSC's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Ba Ria Thermal Power JSC'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 (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of 7.02% mean?
Ba Ria Thermal Power JSC (STC:BTP) has a Return-on-Tangible-Asset of 7.02% as of Dec. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Ba Ria Thermal Power JSC and its competitors. This is 55% above median its historical median of 4.54. Over the past decade, Ba Ria Thermal Power JSC's Return-on-Tangible-Asset has ranged from 3.14 to 9.39. According to the industry distribution chart, Ba Ria Thermal Power JSC ranks #256 out of 510 companies in the Utilities - Regulated industry, placing it in the top 50.2%.
Is Ba Ria Thermal Power JSC's Return-on-Tangible-Asset too high?
Ba Ria Thermal Power JSC's current Return-on-Tangible-Asset of 7.02% is 55% above median its 10-year median of 4.54. Over the past 10 years, this metric has ranged from a low of 3.14 to a high of 9.39. The Utilities - Regulated industry median Return-on-Tangible-Asset is 3.31. Ba Ria Thermal Power JSC's value of 7.02% is 112.4% above this industry median. Based on the distribution chart, Ba Ria Thermal Power JSC ranks #256 out of 510 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Ba Ria Thermal Power JSC has a GF Score™ of 65/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ba Ria Thermal Power JSC's Return-on-Tangible-Asset compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Ba Ria Thermal Power JSC ranks #256 out of 510 companies for Return-on-Tangible-Asset. This places Ba Ria Thermal Power JSC in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.31. Ba Ria Thermal Power JSC's value of 7.02% is 112.4% above this benchmark. Historically, Ba Ria Thermal Power JSC's own Return-on-Tangible-Asset has ranged from 3.14 to 9.39 over the past decade. While the company's 10-year median is 4.54 vs. the industry median of 3.31, Ba Ria Thermal Power 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 an Utilities - Regulated company?
The median Return-on-Tangible-Asset among Utilities - Regulated companies is 3.31, based on 510 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. Ba Ria Thermal Power JSC's current Return-on-Tangible-Asset of 7.02% is 112.4% 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 Ba Ria Thermal Power JSC and its competitors. For the Utilities - Regulated industry, the median Return-on-Tangible-Asset is 3.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ba Ria Thermal Power JSC's current Return-on-Tangible-Asset is 7.02%, which is 55% above median its own 10-year median of 4.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ba Ria Thermal Power JSC stock overvalued right now?
Based on GuruFocus' analysis, Ba Ria Thermal Power JSC (STC:BTP) is currently considered Modestly Overvalued. The stock's GF Value™ is ₫7,065.25, compared to a current price of ₫8,280.00 — trading 17.2% above its estimated fair value. The current Return-on-Tangible-Asset is 7.02%, which is 55% above median its 10-year median of 4.54 and 112.4% above the Utilities - Regulated industry median of 3.31. Ba Ria Thermal Power JSC's overall GF Score™ is 65/100 with 4 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 Ba Ria Thermal Power JSC (STC:BTP), the current Return-on-Tangible-Asset is 7.02% 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 Ba Ria Thermal Power JSC (STC:BTP) Overvalued in 2026?
Based on GuruFocus' analysis, Ba Ria Thermal Power JSC stock appears to be overvalued.
The current stock price of ₫8,280.00 is trading 17.2% above its estimated GF Value™ of ₫7,065.25.
GuruFocus considers Ba Ria Thermal Power JSC to be Modestly Overvalued.
Key valuation signals for STC:BTP:
Return-on-Tangible-Asset: 7.02% (55% above median its 10-year median of 4.54)
GF Value™: ₫7,065.25 vs. price of ₫8,280.00 (17.2% above fair value)
Industry Position: 112.4% above the Utilities - Regulated median (#256 of 510)
No single metric tells the full story. See the STC:BTP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ba Ria Thermal Power JSC is a Vietnam based company engaged in producing electricity. The company produces electricity by using natural gas, oil, a mix of oil and gas, and a steam turbine. In addition, the organization is also involved in the management, operation, maintenance and repairs of electrical equipment; and installation of electrical systems.
65GF Score
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