Song Hong Garment JSCSTC:MSH -0.31%80 Return-on-Tangible-Asset is 7.28% as of Mar. 2026, which is 42% below its 10-year median of 12.48. GuruFocus rates STC:MSH with a GF Score™ of 80/100 and a GF Value™ of ₫34,380.28 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,062 Manufacturing - Apparel & Accessories companies, Song Hong Garment JSC ranks better than 95.1% 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. Song Hong Garment JSC's annualizedNet Income for the quarter that ended in Mar. 2026 was ₫326,638 Mil. Song Hong Garment JSC's average total tangible assets for the quarter that ended in Mar. 2026 was ₫4,484,861 Mil. Therefore, Song Hong Garment JSC's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 7.28%.
The historical rank and industry rank for Song Hong Garment JSC's Return-on-Tangible-Asset or its related term are showing as below:
STC:MSH'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 7.27 Med: 12.48 Max: 17.73
Current: 14.47
During the past 8 years, Song Hong Garment JSC's highest Return-on-Tangible-Asset was 17.73%. The lowest was 7.27%. And the median was 12.48%.
STC:MSH's Return-on-Tangible-Asset is ranked better than 95.1% of 1062
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.995
vs STC:MSH: 14.47
Song Hong Garment JSC (STC:MSH) 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.
Song Hong Garment JSC Return-on-Tangible-Asset Related Terms
Song Hong Garment JSC Return-on-Tangible-Asset Historical Data
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The historical data trend for Song Hong Garment 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.
Song Hong Garment JSC Return-on-Tangible-Asset Chart
STC:MSH vs RL, LEVI, VFC: Return-on-Tangible-Asset Comparison
For the Apparel Manufacturing subindustry, Song Hong Garment 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.
Song Hong Garment JSC Return-on-Tangible-Asset vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Song Hong Garment JSC's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Song Hong Garment 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 (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 7.28% mean?
Song Hong Garment JSC (STC:MSH) has a Return-on-Tangible-Asset of 7.28% 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 Song Hong Garment JSC and its competitors. This is 42% below median its historical median of 12.48. Over the past decade, Song Hong Garment JSC's Return-on-Tangible-Asset has ranged from 7.27 to 17.73. According to the industry distribution chart, Song Hong Garment JSC ranks #52 out of 1062 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 4.9%.
Is Song Hong Garment JSC's Return-on-Tangible-Asset too high?
Song Hong Garment JSC's current Return-on-Tangible-Asset of 7.28% is 42% below median its 10-year median of 12.48. Over the past 10 years, this metric has ranged from a low of 7.27 to a high of 17.73. The Manufacturing - Apparel & Accessories industry median Return-on-Tangible-Asset is 2.00. Song Hong Garment JSC's value of 7.28% is 264.9% above this industry median. Based on the distribution chart, Song Hong Garment JSC ranks #52 out of 1062 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Song Hong Garment JSC has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Song Hong Garment JSC's Return-on-Tangible-Asset compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Song Hong Garment JSC ranks #52 out of 1062 companies for Return-on-Tangible-Asset. This places Song Hong Garment JSC in the top 5% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.00. Song Hong Garment JSC's value of 7.28% is 264.9% above this benchmark. Historically, Song Hong Garment JSC's own Return-on-Tangible-Asset has ranged from 7.27 to 17.73 over the past decade. While the company's 10-year median is 12.48 vs. the industry median of 2.00, Song Hong Garment 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 Manufacturing - Apparel & Accessories company?
The median Return-on-Tangible-Asset among Manufacturing - Apparel & Accessories companies is 2.00, based on 1,062 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. Song Hong Garment JSC's current Return-on-Tangible-Asset of 7.28% is 264.9% 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 Song Hong Garment JSC and its competitors. For the Manufacturing - Apparel & Accessories 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. Song Hong Garment JSC's current Return-on-Tangible-Asset is 7.28%, which is 42% below median its own 10-year median of 12.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Song Hong Garment JSC stock overvalued right now?
Based on GuruFocus' analysis, Song Hong Garment JSC (STC:MSH) is currently considered Fairly Valued. The stock's GF Value™ is ₫34,380.28, compared to a current price of ₫31,900.00 — trading 7.2% below its estimated fair value. The current Return-on-Tangible-Asset is 7.28%, which is 42% below median its 10-year median of 12.48 and 264.9% above the Manufacturing - Apparel & Accessories industry median of 2.00. Song Hong Garment JSC's overall GF Score™ is 80/100 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 Song Hong Garment JSC (STC:MSH), the current Return-on-Tangible-Asset is 7.28% 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 Song Hong Garment JSC (STC:MSH) Overvalued in 2026?
Based on GuruFocus' analysis, Song Hong Garment JSC stock appears to be undervalued.
The current stock price of ₫31,900.00 is trading 7.2% below its estimated GF Value™ of ₫34,380.28.
GuruFocus considers Song Hong Garment JSC to be Fairly Valued.
Key valuation signals for STC:MSH:
Return-on-Tangible-Asset: 7.28% (42% below median its 10-year median of 12.48)
GF Value™: ₫34,380.28 vs. price of ₫31,900.00 (7.2% below fair value)
Industry Position: 264.9% above the Manufacturing - Apparel & Accessories median (#52 of 1062)
No single metric tells the full story. See the STC:MSH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Song Hong Garment JSC is a Vietnam-based manufacturer and distributor of garment and textile products. The company has a market presence in Vietnam and the international market. Its product offerings include bedding and all lines of clothing for men, women, and children. the principal activities includes Producing clothes for domestic market; Producing carpets, blankets; Trading on industrial products for domestic market; Sewing clothes (except for clothes made of animal leather and feather); Trading on other kinds of materials, equipments and spare parts for the garment-textile industry; Producing knitted clothes; Wholesaler of fabrics, clothes and shoes; Trading on domestic cigarettes, alcohol and cosmetics; Warehousing and storing services; and Others.
80GF Score
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