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Thu Dau Mot Water JSCSTC:TDM -5.08%66 Return-on-Tangible-Asset is 14.47% as of Mar. 2026, which is 49% above its 10-year median of 9.74. GuruFocus rates STC:TDM with a GF Score™ of 66/100 and a GF Value™ of ₫34,342.57 (Significantly Overvalued). The stock has 13 warning signs investors should review. Among 511 Utilities - Regulated companies, Thu Dau Mot Water JSC ranks better than 72.99% 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. Thu Dau Mot Water JSC's annualizedNet Income for the quarter that ended in Mar. 2026 was ₫489,083 Mil. Thu Dau Mot Water JSC's average total tangible assets for the quarter that ended in Mar. 2026 was ₫3,379,543 Mil. Therefore, Thu Dau Mot Water JSC's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 14.47%.
The historical rank and industry rank for Thu Dau Mot Water JSC's Return-on-Tangible-Asset or its related term are showing as below:
STC:TDM'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 5.72 Med: 9.74 Max: 14.04
Current: 5.72
During the past 8 years, Thu Dau Mot Water JSC's highest Return-on-Tangible-Asset was 14.04%. The lowest was 5.72%. And the median was 9.74%.
STC:TDM's Return-on-Tangible-Asset is ranked better than 72.99% of 511
companies
in the Utilities - Regulated industry
Industry Median: 3.31
vs STC:TDM: 5.72
Thu Dau Mot Water JSC (STC:TDM) 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.
Thu Dau Mot Water JSC Return-on-Tangible-Asset Related Terms
Thu Dau Mot Water JSC Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Thu Dau Mot Water 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.
Thu Dau Mot Water JSC Return-on-Tangible-Asset Chart
STC:TDM vs AWK, WTRG, AWR: Return-on-Tangible-Asset Comparison
For the Utilities - Regulated Water subindustry, Thu Dau Mot Water 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.
Thu Dau Mot Water JSC Return-on-Tangible-Asset vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Thu Dau Mot Water JSC's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Thu Dau Mot Water 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 14.47% mean?
Thu Dau Mot Water JSC (STC:TDM) has a Return-on-Tangible-Asset of 14.47% 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 Thu Dau Mot Water JSC and its competitors. This is 49% above median its historical median of 9.74. Over the past decade, Thu Dau Mot Water JSC's Return-on-Tangible-Asset has ranged from 5.72 to 14.04. According to the industry distribution chart, Thu Dau Mot Water JSC ranks #138 out of 511 companies in the Utilities - Regulated industry, placing it in the top 27%.
Is Thu Dau Mot Water JSC's Return-on-Tangible-Asset too high?
Thu Dau Mot Water JSC's current Return-on-Tangible-Asset of 14.47% is 49% above median its 10-year median of 9.74. Over the past 10 years, this metric has ranged from a low of 5.72 to a high of 14.04. The Utilities - Regulated industry median Return-on-Tangible-Asset is 3.31. Thu Dau Mot Water JSC's value of 14.47% is 337.2% above this industry median. Based on the distribution chart, Thu Dau Mot Water JSC ranks #138 out of 511 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Thu Dau Mot Water JSC has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Thu Dau Mot Water JSC's Return-on-Tangible-Asset compare to AWK and WTRG?
According to the Utilities - Regulated industry distribution chart, Thu Dau Mot Water JSC ranks #138 out of 511 companies for Return-on-Tangible-Asset. This puts Thu Dau Mot Water JSC in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.31. Thu Dau Mot Water JSC's value of 14.47% is 337.2% above this benchmark. Historically, Thu Dau Mot Water JSC's own Return-on-Tangible-Asset has ranged from 5.72 to 14.04 over the past decade. While the company's 10-year median is 9.74 vs. the industry median of 3.31, Thu Dau Mot Water 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 an Utilities - Regulated company?
The median Return-on-Tangible-Asset among Utilities - Regulated companies is 3.31, based on 511 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. Thu Dau Mot Water JSC's current Return-on-Tangible-Asset of 14.47% is 337.2% 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 Thu Dau Mot Water JSC and its competitors. For the Utilities - Regulated industry, the median Return-on-Tangible-Asset is 3.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thu Dau Mot Water JSC's current Return-on-Tangible-Asset is 14.47%, which is 49% above median its own 10-year median of 9.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thu Dau Mot Water JSC stock overvalued right now?
Based on GuruFocus' analysis, Thu Dau Mot Water JSC (STC:TDM) is currently considered Significantly Overvalued. The stock's GF Value™ is ₫34,342.57, compared to a current price of ₫57,900.00 — trading 68.6% above its estimated fair value. The current Return-on-Tangible-Asset is 14.47%, which is 49% above median its 10-year median of 9.74 and 337.2% above the Utilities - Regulated industry median of 3.31. Thu Dau Mot Water JSC's overall GF Score™ is 66/100 with 13 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 Thu Dau Mot Water JSC (STC:TDM), the current Return-on-Tangible-Asset is 14.47% 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 Thu Dau Mot Water JSC (STC:TDM) Overvalued in 2026?
Based on GuruFocus' analysis, Thu Dau Mot Water JSC stock appears to be overvalued.
The current stock price of ₫57,900.00 is trading 68.6% above its estimated GF Value™ of ₫34,342.57.
GuruFocus considers Thu Dau Mot Water JSC to be Significantly Overvalued.
Key valuation signals for STC:TDM:
Return-on-Tangible-Asset: 14.47% (49% above median its 10-year median of 9.74)
GF Value™: ₫34,342.57 vs. price of ₫57,900.00 (68.6% above fair value)
Industry Position: 337.2% above the Utilities - Regulated median (#138 of 511)
No single metric tells the full story. See the STC:TDM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thu Dau Mot Water JSC is engaged in exploiting, treating, producing and supplying treated water. It also carries out drainage and wastewater treatment, construction of public works, various types of buildings, and other civil engineering works, architectural and engineering consulting services, and rental of machinery, equipment and other tangible goods. Its activities are carried out in territory of Binh Duong province.
66GF Score
Get the complete analysis for STC:TDM
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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