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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. Ocean Group JSC's annualizedNet Income for the quarter that ended in Mar. 2026 was ₫-49,870 Mil. Ocean Group JSC's average total tangible assets for the quarter that ended in Mar. 2026 was ₫4,260,345 Mil. Therefore, Ocean Group JSC's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -1.17%.
The historical rank and industry rank for Ocean Group JSC's Return-on-Tangible-Asset or its related term are showing as below:
STC:OGC'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -11.78 Med: 1.49 Max: 2.87
Current: 1.76
During the past 13 years, Ocean Group JSC's highest Return-on-Tangible-Asset was 2.87%. The lowest was -11.78%. And the median was 1.49%.
STC:OGC's Return-on-Tangible-Asset is ranked worse than 58.77% of 570
companies
in the Conglomerates industry
Industry Median: 2.735
vs STC:OGC: 1.76
Ocean Group JSC (STC:OGC) 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.
Ocean Group JSC Return-on-Tangible-Asset Related Terms
Ocean Group JSC Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Ocean Group 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.
STC:OGC vs HON, MMM: Return-on-Tangible-Asset Comparison
For the Conglomerates subindustry, Ocean Group 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.
Ocean Group JSC Return-on-Tangible-Asset vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Ocean Group JSC's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Ocean Group 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 -1.17% mean?
Ocean Group JSC (STC:OGC) has a Return-on-Tangible-Asset of -1.17% 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 Ocean Group JSC and its competitors. According to the industry distribution chart, Ocean Group JSC ranks #335 out of 570 companies in the Conglomerates industry, placing it in the top 58.8%.
Is Ocean Group JSC's Return-on-Tangible-Asset too high?
Ocean Group JSC's current Return-on-Tangible-Asset is -1.17%. Based on the distribution chart, Ocean Group JSC ranks #335 out of 570 companies in the Conglomerates industry, which is below the industry midpoint. Overall, Ocean Group JSC has a GF Score™ of 63/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Ocean Group JSC's Return-on-Tangible-Asset compare to HON and MMM?
According to the Conglomerates industry distribution chart, Ocean Group JSC ranks #335 out of 570 companies for Return-on-Tangible-Asset. This places Ocean Group JSC in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.74. 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 Conglomerates company?
The median Return-on-Tangible-Asset among Conglomerates companies is 2.74, based on 570 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. 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 Ocean Group JSC and its competitors. For the Conglomerates industry, the median Return-on-Tangible-Asset is 2.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ocean Group JSC's current Return-on-Tangible-Asset is -1.17%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ocean Group JSC stock overvalued right now?
Based on GuruFocus' analysis, Ocean Group JSC (STC:OGC) is currently considered Possible Value Trap. The stock's GF Value™ is ₫5,570.61, compared to a current price of ₫2,530.00 — trading 54.6% below its estimated fair value. The current Return-on-Tangible-Asset is -1.17%. Ocean Group JSC's overall GF Score™ is 63/100 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 Ocean Group JSC (STC:OGC), the current Return-on-Tangible-Asset is -1.17% 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 Ocean Group JSC (STC:OGC) Overvalued in 2026?
Based on GuruFocus' analysis, Ocean Group JSC stock appears to be undervalued.
The current stock price of ₫2,530.00 is trading 54.6% below its estimated GF Value™ of ₫5,570.61.
GuruFocus considers Ocean Group JSC to be Possible Value Trap.
Key valuation signals for STC:OGC:
Return-on-Tangible-Asset: -1.17%
GF Value™: ₫5,570.61 vs. price of ₫2,530.00 (54.6% below fair value)
No single metric tells the full story. See the STC:OGC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ocean Group JSC is a Vietnam-based company mainly engaged in real estate trading and office leasing. The Group focuses its resources on three strategic business areas: real estate, high-end hospitality services, and food production and trading. It currently owns a diversified asset portfolio, including internationally standardized five-star hotels such as StarCity Nha Trang, Sunrise Nha Trang, and Dusit Le Palais Tu Hoa, as well as high-growth potential real estate projects like 25 Tran Khanh Du, StarCity Westlake at 10 Tran Vu, and Lega Fashion House. The majority of these properties are located in prime locations in Hanoi, Ho Chi Minh City, and key tourism cities.
63GF Score
Get the complete analysis for STC:OGC
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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