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Power Generation JSC 3STC:PGV 60 Return-on-Tangible-Asset is 5.46% as of Mar. 2026, which is 46% above its 10-year median of 3.75. GuruFocus rates STC:PGV with a GF Score™ of 60/100 and a GF Value™ of ₫22,771.43 (Fairly Valued). The stock has 3 warning signs investors should review. Among 510 Utilities - Regulated companies, Power Generation JSC 3 ranks better than 85.88% 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. Power Generation JSC 3's annualizedNet Income for the quarter that ended in Mar. 2026 was ₫2,918,597 Mil. Power Generation JSC 3's average total tangible assets for the quarter that ended in Mar. 2026 was ₫53,471,333 Mil. Therefore, Power Generation JSC 3's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 5.46%.
The historical rank and industry rank for Power Generation JSC 3's Return-on-Tangible-Asset or its related term are showing as below:
STC:PGV'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -1.56 Med: 3.75 Max: 8.22
Current: 8.22
During the past 5 years, Power Generation JSC 3's highest Return-on-Tangible-Asset was 8.22%. The lowest was -1.56%. And the median was 3.75%.
STC:PGV's Return-on-Tangible-Asset is ranked better than 85.88% of 510
companies
in the Utilities - Regulated industry
Industry Median: 3.33
vs STC:PGV: 8.22
Power Generation JSC 3 (STC:PGV) 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.
Power Generation JSC 3 Return-on-Tangible-Asset Related Terms
Power Generation JSC 3 Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Power Generation JSC 3'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.
Power Generation JSC 3 Return-on-Tangible-Asset Chart
STC:PGV vs NEE, SO, DUK: Return-on-Tangible-Asset Comparison
For the Utilities - Regulated Electric subindustry, Power Generation JSC 3'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.
Power Generation JSC 3 Return-on-Tangible-Asset vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Power Generation JSC 3's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Power Generation JSC 3'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 5.46% mean?
Power Generation JSC 3 (STC:PGV) has a Return-on-Tangible-Asset of 5.46% 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 Power Generation JSC 3 and its competitors. This is 46% above median its historical median of 3.75. According to the industry distribution chart, Power Generation JSC 3 ranks #72 out of 510 companies in the Utilities - Regulated industry, placing it in the top 14.1%.
Is Power Generation JSC 3's Return-on-Tangible-Asset too high?
Power Generation JSC 3's current Return-on-Tangible-Asset of 5.46% is 46% above median its 10-year median of 3.75. The Utilities - Regulated industry median Return-on-Tangible-Asset is 3.33. Power Generation JSC 3's value of 5.46% is 64% above this industry median. Based on the distribution chart, Power Generation JSC 3 ranks #72 out of 510 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Power Generation JSC 3 has a GF Score™ of 60/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Power Generation JSC 3's Return-on-Tangible-Asset compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Power Generation JSC 3 ranks #72 out of 510 companies for Return-on-Tangible-Asset. This places Power Generation JSC 3 in the top 14% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.33. Power Generation JSC 3's value of 5.46% is 64% above this benchmark. While the company's 10-year median is 3.75 vs. the industry median of 3.33, Power Generation JSC 3 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 3.33, 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. Power Generation JSC 3's current Return-on-Tangible-Asset of 5.46% is 64% 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 Power Generation JSC 3 and its competitors. For the Utilities - Regulated industry, the median Return-on-Tangible-Asset is 3.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Power Generation JSC 3's current Return-on-Tangible-Asset is 5.46%, which is 46% above median its own 10-year median of 3.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Power Generation JSC 3 stock overvalued right now?
Based on GuruFocus' analysis, Power Generation JSC 3 (STC:PGV) is currently considered Fairly Valued. The stock's GF Value™ is ₫22,771.43, compared to a current price of ₫22,750.00 — trading 0.1% below its estimated fair value. The current Return-on-Tangible-Asset is 5.46%, which is 46% above median its 10-year median of 3.75 and 64% above the Utilities - Regulated industry median of 3.33. Power Generation JSC 3's overall GF Score™ is 60/100 with 3 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 Power Generation JSC 3 (STC:PGV), the current Return-on-Tangible-Asset is 5.46% 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 Power Generation JSC 3 (STC:PGV) Overvalued in 2026?
Based on GuruFocus' analysis, Power Generation JSC 3 stock appears to be undervalued.
The current stock price of ₫22,750.00 is trading 0.1% below its estimated GF Value™ of ₫22,771.43.
GuruFocus considers Power Generation JSC 3 to be Fairly Valued.
Key valuation signals for STC:PGV:
Return-on-Tangible-Asset: 5.46% (46% above median its 10-year median of 3.75)
GF Value™: ₫22,771.43 vs. price of ₫22,750.00 (0.1% below fair value)
Industry Position: 64% above the Utilities - Regulated median (#72 of 510)
No single metric tells the full story. See the STC:PGV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Power Generation JSC 3 is engaged in the electricity generation and trade business in Vietnam. The main production and business activities of the Company are producing and trading electricity. Other production and business activities of the Company accounted for a very small proportion of the total revenue and performance of the Company.
60GF Score
Get the complete analysis for STC:PGV
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