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Hoa Sen GroupSTC:HSG -0.88%82 Return-on-Tangible-Asset is 2.17% as of Mar. 2026, which is 35% below its 10-year median of 3.34. GuruFocus rates STC:HSG with a GF Score™ of 82/100 and a GF Value™ of ₫13,746.03 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 634 Steel companies, Hoa Sen Group ranks better than 55.99% 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. Hoa Sen Group's annualizedNet Income for the quarter that ended in Mar. 2026 was ₫474,852 Mil. Hoa Sen Group's average total tangible assets for the quarter that ended in Mar. 2026 was ₫21,851,865 Mil. Therefore, Hoa Sen Group's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 2.17%.
The historical rank and industry rank for Hoa Sen Group's Return-on-Tangible-Asset or its related term are showing as below:
STC:HSG'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.18 Med: 3.34 Max: 19.64
Current: 2.73
During the past 13 years, Hoa Sen Group's highest Return-on-Tangible-Asset was 19.64%. The lowest was 0.18%. And the median was 3.34%.
STC:HSG's Return-on-Tangible-Asset is ranked better than 55.99% of 634
companies
in the Steel industry
Industry Median: 1.995
vs STC:HSG: 2.73
Hoa Sen Group (STC:HSG) 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.
Hoa Sen Group Return-on-Tangible-Asset Related Terms
Hoa Sen Group Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Hoa Sen Group'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:HSG vs NUE, STLD, RS: Return-on-Tangible-Asset Comparison
For the Steel subindustry, Hoa Sen Group'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.
Hoa Sen Group Return-on-Tangible-Asset vs Steel Industry
For the Steel industry and Basic Materials sector, Hoa Sen Group's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Hoa Sen Group'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 2.17% mean?
Hoa Sen Group (STC:HSG) has a Return-on-Tangible-Asset of 2.17% 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 Hoa Sen Group and its competitors. This is 35% below median its historical median of 3.34. Over the past decade, Hoa Sen Group's Return-on-Tangible-Asset has ranged from 0.18 to 19.64. According to the industry distribution chart, Hoa Sen Group ranks #279 out of 634 companies in the Steel industry, placing it in the top 44%.
Is Hoa Sen Group's Return-on-Tangible-Asset too high?
Hoa Sen Group's current Return-on-Tangible-Asset of 2.17% is 35% below median its 10-year median of 3.34. Over the past 10 years, this metric has ranged from a low of 0.18 to a high of 19.64. The Steel industry median Return-on-Tangible-Asset is 2.00. Hoa Sen Group's value of 2.17% is 8.8% above this industry median. Based on the distribution chart, Hoa Sen Group ranks #279 out of 634 companies in the Steel industry, which is above the industry midpoint. Overall, Hoa Sen Group has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hoa Sen Group's Return-on-Tangible-Asset compare to NUE and STLD?
According to the Steel industry distribution chart, Hoa Sen Group ranks #279 out of 634 companies for Return-on-Tangible-Asset. This puts Hoa Sen Group in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.00. Hoa Sen Group's value of 2.17% is 8.8% above this benchmark. Historically, Hoa Sen Group's own Return-on-Tangible-Asset has ranged from 0.18 to 19.64 over the past decade. While the company's 10-year median is 3.34 vs. the industry median of 2.00, Hoa Sen Group 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 Steel company?
The median Return-on-Tangible-Asset among Steel companies is 2.00, based on 634 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. Hoa Sen Group's current Return-on-Tangible-Asset of 2.17% is 8.8% 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 Hoa Sen Group and its competitors. For the Steel industry, the median Return-on-Tangible-Asset is 2.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hoa Sen Group's current Return-on-Tangible-Asset is 2.17%, which is 35% below median its own 10-year median of 3.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hoa Sen Group stock overvalued right now?
Based on GuruFocus' analysis, Hoa Sen Group (STC:HSG) is currently considered Modestly Undervalued. The stock's GF Value™ is ₫13,746.03, compared to a current price of ₫11,250.00 — trading 18.2% below its estimated fair value. The current Return-on-Tangible-Asset is 2.17%, which is 35% below median its 10-year median of 3.34 and 8.8% above the Steel industry median of 2.00. Hoa Sen Group's overall GF Score™ is 82/100 with 7 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 Hoa Sen Group (STC:HSG), the current Return-on-Tangible-Asset is 2.17% 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.
Is Hoa Sen Group (STC:HSG) Overvalued in 2026?
Based on GuruFocus' analysis, Hoa Sen Group stock appears to be undervalued.
The current stock price of ₫11,250.00 is trading 18.2% below its estimated GF Value™ of ₫13,746.03.
GuruFocus considers Hoa Sen Group to be Modestly Undervalued.
Key valuation signals for STC:HSG:
Return-on-Tangible-Asset: 2.17% (35% below median its 10-year median of 3.34)
GF Value™: ₫13,746.03 vs. price of ₫11,250.00 (18.2% below fair value)
Industry Position: 8.8% above the Steel median (#279 of 634)
No single metric tells the full story. See the STC:HSG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hoa Sen Group is engaged in the production of roofing sheets made of galvanized steel, zinc-aluminum alloy, painted galvanized steel, and other alloy types; steel purlins and galvanized purlins; black steel pipes, galvanized steel pipes, alloy-coated steel pipes; galvanized steel mesh, galvanized steel wire, and other steel wire products; and cold rolled steel coils. The Group is also involved in the production and sale of construction materials, including plastic pipes and plastic pipe accessories, buying and selling construction materials, production materials, and consumer goods, warehouse leasing and cargo transportation services, industrial and civil construction, leasing of machinery, equipment, and other tangible items, and hotel business, catering services, and commercial centers.
82GF Score
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