VPS Securities JSCSTC:VCK -0.30%39 Return-on-Tangible-Asset is 9.14% as of Dec. 2025, which is 4% above its 10-year median of 8.75. GuruFocus rates STC:VCK with a GF Score™ of 39/100. The stock has 1 warning sign investors should review. Among 819 Capital Markets companies, VPS Securities JSC ranks better than 83.03% 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. VPS Securities JSC's annualizedNet Income for the quarter that ended in Dec. 2025 was ₫3,578,663 Mil. VPS Securities JSC's average total tangible assets for the quarter that ended in Dec. 2025 was ₫39,171,166 Mil. Therefore, VPS Securities JSC's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 9.14%.
The historical rank and industry rank for VPS Securities JSC's Return-on-Tangible-Asset or its related term are showing as below:
STC:VCK'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 8.35 Med: 8.75 Max: 9.14
Current: 9.14
During the past 2 years, VPS Securities JSC's highest Return-on-Tangible-Asset was 9.14%. The lowest was 8.35%. And the median was 8.75%.
STC:VCK's Return-on-Tangible-Asset is ranked better than 83.03% of 819
companies
in the Capital Markets industry
Industry Median: 1.51
vs STC:VCK: 9.14
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.
VPS Securities JSC Return-on-Tangible-Asset Related Terms
VPS Securities JSC Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for VPS Securities 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.
VPS Securities JSC Return-on-Tangible-Asset Chart
VPS Securities JSC Annual Data
Trend
Dec24
Dec25
Return-on-Tangible-Asset
8.35
9.14
VPS Securities JSC Semi-Annual Data
Dec24
Dec25
Return-on-Tangible-Asset
8.35
9.14
STC:VCK vs MS, GS, SCHW: Return-on-Tangible-Asset Comparison
For the Capital Markets subindustry, VPS Securities 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.
VPS Securities JSC Return-on-Tangible-Asset vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, VPS Securities JSC's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where VPS Securities 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 one times the annual (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of 9.14% mean?
VPS Securities JSC (STC:VCK) has a Return-on-Tangible-Asset of 9.14% as of Dec. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on VPS Securities JSC and its competitors. This is near median its historical median of 8.75. Over the past decade, VPS Securities JSC's Return-on-Tangible-Asset has ranged from 8.35 to 9.14. According to the industry distribution chart, VPS Securities JSC ranks #139 out of 819 companies in the Capital Markets industry, placing it in the top 17%.
Is VPS Securities JSC's Return-on-Tangible-Asset too high?
VPS Securities JSC's current Return-on-Tangible-Asset of 9.14% is near median its 10-year median of 8.75. Over the past 10 years, this metric has ranged from a low of 8.35 to a high of 9.14. The Capital Markets industry median Return-on-Tangible-Asset is 1.51. VPS Securities JSC's value of 9.14% is 505.3% above this industry median. Based on the distribution chart, VPS Securities JSC ranks #139 out of 819 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, VPS Securities JSC has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does VPS Securities JSC's Return-on-Tangible-Asset compare to MS and GS?
According to the Capital Markets industry distribution chart, VPS Securities JSC ranks #139 out of 819 companies for Return-on-Tangible-Asset. This places VPS Securities JSC in the top 17% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 1.51. VPS Securities JSC's value of 9.14% is 505.3% above this benchmark. Historically, VPS Securities JSC's own Return-on-Tangible-Asset has ranged from 8.35 to 9.14 over the past decade. While the company's 10-year median is 8.75 vs. the industry median of 1.51, VPS Securities 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 Capital Markets company?
The median Return-on-Tangible-Asset among Capital Markets companies is 1.51, based on 819 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. VPS Securities JSC's current Return-on-Tangible-Asset of 9.14% is 505.3% 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 VPS Securities JSC and its competitors. For the Capital Markets industry, the median Return-on-Tangible-Asset is 1.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VPS Securities JSC's current Return-on-Tangible-Asset is 9.14%, which is near median its own 10-year median of 8.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VPS Securities JSC stock overvalued right now?
VPS Securities JSC (STC:VCK) has a current Return-on-Tangible-Asset of 9.14%. The current Return-on-Tangible-Asset is 9.14%, which is near median its 10-year median of 8.75 and 505.3% above the Capital Markets industry median of 1.51. VPS Securities JSC's overall GF Score™ is 39/100 with 1 warning sign 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 VPS Securities JSC (STC:VCK), the current Return-on-Tangible-Asset is 9.14% as of Dec. 2025. 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.
VPS Securities JSC operates in financial and securities sector. The services offered by the company includes Securities brokerage, Securities trading, Securities investment consulting, Securities underwriting, and other related services.
39GF Score
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