The historical rank and industry rank for Vietnam National Petroleum Group's Return-on-Tangible-Asset or its related term are showing as below:
STC:PLX'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.67 Med: 4.24 Max: 8.92
Current: 1.96
During the past 10 years, Vietnam National Petroleum Group's highest Return-on-Tangible-Asset was 8.92%. The lowest was 1.67%. And the median was 4.24%.
STC:PLX's Return-on-Tangible-Asset is ranked worse than 50.1% of 1028
companies
in the Oil & Gas industry
Industry Median: 1.965
vs STC:PLX: 1.96
Vietnam National Petroleum Group (STC:PLX) 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.
Vietnam National Petroleum Group Return-on-Tangible-Asset Related Terms
Vietnam National Petroleum Group Return-on-Tangible-Asset Historical Data
* 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.
Vietnam National Petroleum Group Return-on-Tangible-Asset Chart
STC:PLX vs VLO, MPC, PSX: Return-on-Tangible-Asset Comparison
For the Oil & Gas Refining & Marketing subindustry, Vietnam National Petroleum 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.
Vietnam National Petroleum Group Return-on-Tangible-Asset vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Vietnam National Petroleum Group's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Vietnam National Petroleum 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 -3.26% mean?
Vietnam National Petroleum Group (STC:PLX) has a Return-on-Tangible-Asset of -3.26% 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 Vietnam National Petroleum Group and its competitors. Over the past decade, Vietnam National Petroleum Group's Return-on-Tangible-Asset has ranged from 1.67 to 8.92. According to the industry distribution chart, Vietnam National Petroleum Group ranks #515 out of 1028 companies in the Oil & Gas industry, placing it in the top 50.1%.
Is Vietnam National Petroleum Group's Return-on-Tangible-Asset too high?
Vietnam National Petroleum Group's current Return-on-Tangible-Asset is -3.26%. Over the past 10 years, this metric has ranged from a low of 1.67 to a high of 8.92. Based on the distribution chart, Vietnam National Petroleum Group ranks #515 out of 1028 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Vietnam National Petroleum Group has a GF Score™ of 92/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vietnam National Petroleum Group's Return-on-Tangible-Asset compare to VLO and MPC?
According to the Oil & Gas industry distribution chart, Vietnam National Petroleum Group ranks #515 out of 1028 companies for Return-on-Tangible-Asset. This places Vietnam National Petroleum Group in the lower half of its industry. The industry median Return-on-Tangible-Asset is 1.97. Historically, Vietnam National Petroleum Group's own Return-on-Tangible-Asset has ranged from 1.67 to 8.92 over the past decade. 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 Oil & Gas company?
The median Return-on-Tangible-Asset among Oil & Gas companies is 1.97, based on 1,028 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 Vietnam National Petroleum Group and its competitors. For the Oil & Gas industry, the median Return-on-Tangible-Asset is 1.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vietnam National Petroleum Group's current Return-on-Tangible-Asset is -3.26%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vietnam National Petroleum Group stock overvalued right now?
Based on GuruFocus' analysis, Vietnam National Petroleum Group (STC:PLX) is currently considered Modestly Undervalued. The stock's GF Value™ is ₫42,502.70, compared to a current price of ₫36,950.00 — trading 13.1% below its estimated fair value. The current Return-on-Tangible-Asset is -3.26%. Vietnam National Petroleum Group's overall GF Score™ is 92/100 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 Vietnam National Petroleum Group (STC:PLX), the current Return-on-Tangible-Asset is -3.26% 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 Vietnam National Petroleum Group (STC:PLX) Overvalued in 2026?
Based on GuruFocus' analysis, Vietnam National Petroleum Group stock appears to be undervalued.
The current stock price of ₫36,950.00 is trading 13.1% below its estimated GF Value™ of ₫42,502.70.
GuruFocus considers Vietnam National Petroleum Group to be Modestly Undervalued.
Key valuation signals for STC:PLX:
Return-on-Tangible-Asset: -3.26%
GF Value™: ₫42,502.70 vs. price of ₫36,950.00 (13.1% below fair value)
No single metric tells the full story. See the STC:PLX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Vietnam National Petroleum Group Business Description
Vietnam National Petroleum Group is engaged in import, export, and deal in petroleum, refining, and petrochemical products. The firm also invests in fields like engineering, mechanical and oil equipment, insurance, banking, and other commercial activities.
92GF Score
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