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DSC SecuritiesSTC:DSC 37 Return-on-Tangible-Asset is 3.17% as of Mar. 2026, which is 11% below its 10-year median of 3.57. GuruFocus rates STC:DSC with a GF Score™ of 37/100. The stock has 4 warning signs investors should review. Among 818 Capital Markets companies, DSC Securities ranks better than 70.54% 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. DSC Securities's annualizedNet Income for the quarter that ended in Mar. 2026 was ₫230,773 Mil. DSC Securities's average total tangible assets for the quarter that ended in Mar. 2026 was ₫7,271,366 Mil. Therefore, DSC Securities's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 3.17%.
The historical rank and industry rank for DSC Securities's Return-on-Tangible-Asset or its related term are showing as below:
STC:DSC'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 2.91 Med: 3.57 Max: 4.37
Current: 4.37
During the past 3 years, DSC Securities's highest Return-on-Tangible-Asset was 4.37%. The lowest was 2.91%. And the median was 3.57%.
STC:DSC's Return-on-Tangible-Asset is ranked better than 70.54% of 818
companies
in the Capital Markets industry
Industry Median: 1.53
vs STC:DSC: 4.37
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.
DSC Securities Return-on-Tangible-Asset Related Terms
DSC Securities Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for DSC 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.
STC:DSC vs MS, GS, SCHW: Return-on-Tangible-Asset Comparison
For the Capital Markets subindustry, DSC 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.
DSC Securities Return-on-Tangible-Asset vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, DSC Securities's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where DSC 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 3.17% mean?
DSC Securities (STC:DSC) has a Return-on-Tangible-Asset of 3.17% 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 DSC Securities and its competitors. This is 11% below median its historical median of 3.57. Over the past decade, DSC Securities' Return-on-Tangible-Asset has ranged from 2.91 to 4.37. According to the industry distribution chart, DSC Securities ranks #241 out of 818 companies in the Capital Markets industry, placing it in the top 29.5%.
Is DSC Securities' Return-on-Tangible-Asset too high?
DSC Securities' current Return-on-Tangible-Asset of 3.17% is 11% below median its 10-year median of 3.57. Over the past 10 years, this metric has ranged from a low of 2.91 to a high of 4.37. The Capital Markets industry median Return-on-Tangible-Asset is 1.53. DSC Securities' value of 3.17% is 107.2% above this industry median. Based on the distribution chart, DSC Securities ranks #241 out of 818 companies in the Capital Markets industry, which is above the industry midpoint. Overall, DSC Securities has a GF Score™ of 37/100, reflecting its overall financial health beyond just this single metric.
How does DSC Securities' Return-on-Tangible-Asset compare to MS and GS?
According to the Capital Markets industry distribution chart, DSC Securities ranks #241 out of 818 companies for Return-on-Tangible-Asset. This puts DSC Securities in the upper half of its industry. The industry median Return-on-Tangible-Asset is 1.53. DSC Securities' value of 3.17% is 107.2% above this benchmark. Historically, DSC Securities' own Return-on-Tangible-Asset has ranged from 2.91 to 4.37 over the past decade. While the company's 10-year median is 3.57 vs. the industry median of 1.53, DSC Securities 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 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. DSC Securities's current Return-on-Tangible-Asset of 3.17% is 107.2% 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 DSC 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. DSC Securities's current Return-on-Tangible-Asset is 3.17%, which is 11% below median its own 10-year median of 3.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DSC Securities stock overvalued right now?
DSC Securities (STC:DSC) has a current Return-on-Tangible-Asset of 3.17%. The current Return-on-Tangible-Asset is 3.17%, which is 11% below median its 10-year median of 3.57 and 107.2% above the Capital Markets industry median of 1.53. DSC Securities' overall GF Score™ is 37/100 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 DSC Securities (STC:DSC), the current Return-on-Tangible-Asset is 3.17% 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.
DSC Securities Corp is a financial consulting and securities investment company. It provides Proprietary trading, Securities brokerage, Securities underwriting, Securities investment advisory, and Depository services. The company operates in the segments, which include Proprietary trading, Brokerage services, Loan services, and others. The majority of its revenue is generated from the Loan services. All activities of the Company take place in the territory of Vietnam.
37GF Score
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