Airports of VietnamHSTC:ACV -0.92%87 Return-on-Tangible-Equity is 17.99% as of Dec. 2025, which is 14% above its 10-year median of 15.77. GuruFocus rates HSTC:ACV with a GF Score™ of 87/100 and a GF Value™ of ₫106,848.94 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 977 Transportation companies, Airports of Vietnam ranks better than 73.49% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Airports of Vietnam's annualized net income for the quarter that ended in Dec. 2025 was ₫12,201,255 Mil. Airports of Vietnam's average shareholder tangible equity for the quarter that ended in Dec. 2025 was ₫67,824,810 Mil. Therefore, Airports of Vietnam's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 17.99%.
The historical rank and industry rank for Airports of Vietnam's Return-on-Tangible-Equity or its related term are showing as below:
HSTC:ACV'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 2.1 Med: 15.77 Max: 24.33
Current: 16.67
During the past 10 years, Airports of Vietnam's highest Return-on-Tangible-Equity was 24.33%. The lowest was 2.10%. And the median was 15.77%.
HSTC:ACV's Return-on-Tangible-Equity is ranked better than 73.49% of 977
companies
in the Transportation industry
Industry Median: 8.99
vs HSTC:ACV: 16.67
Airports of Vietnam (HSTC:ACV) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Airports of Vietnam Return-on-Tangible-Equity Related Terms
Airports of Vietnam Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Airports of Vietnam's Return-on-Tangible-Equity 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.
Airports of Vietnam Return-on-Tangible-Equity Chart
HSTC:ACV vs JOBY, CAAP: Return-on-Tangible-Equity Comparison
For the Airports & Air Services subindustry, Airports of Vietnam's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.
Airports of Vietnam Return-on-Tangible-Equity vs Transportation Industry
For the Transportation industry and Industrials sector, Airports of Vietnam's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Airports of Vietnam's Return-on-Tangible-Equity 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-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Dec. 2025) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 17.99% mean?
Airports of Vietnam (HSTC:ACV) has a Return-on-Tangible-Equity of 17.99% as of Dec. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Airports of Vietnam and its competitors. This is 14% above median its historical median of 15.77. Over the past decade, Airports of Vietnam's Return-on-Tangible-Equity has ranged from 2.10 to 24.33. According to the industry distribution chart, Airports of Vietnam ranks #259 out of 977 companies in the Transportation industry, placing it in the top 26.5%.
Is Airports of Vietnam's Return-on-Tangible-Equity too high?
Airports of Vietnam's current Return-on-Tangible-Equity of 17.99% is 14% above median its 10-year median of 15.77. Over the past 10 years, this metric has ranged from a low of 2.10 to a high of 24.33. The Transportation industry median Return-on-Tangible-Equity is 8.99. Airports of Vietnam's value of 17.99% is 100.1% above this industry median. Based on the distribution chart, Airports of Vietnam ranks #259 out of 977 companies in the Transportation industry, which is above the industry midpoint. Overall, Airports of Vietnam has a GF Score™ of 87/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Airports of Vietnam's Return-on-Tangible-Equity compare to JOBY and CAAP?
According to the Transportation industry distribution chart, Airports of Vietnam ranks #259 out of 977 companies for Return-on-Tangible-Equity. This puts Airports of Vietnam in the upper half of its industry. The industry median Return-on-Tangible-Equity is 8.99. Airports of Vietnam's value of 17.99% is 100.1% above this benchmark. Historically, Airports of Vietnam's own Return-on-Tangible-Equity has ranged from 2.10 to 24.33 over the past decade. While the company's 10-year median is 15.77 vs. the industry median of 8.99, Airports of Vietnam 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-Equity for a Transportation company?
The median Return-on-Tangible-Equity among Transportation companies is 8.99, based on 977 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Airports of Vietnam's current Return-on-Tangible-Equity of 17.99% is 100.1% 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-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Airports of Vietnam and its competitors. For the Transportation industry, the median Return-on-Tangible-Equity is 8.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Airports of Vietnam's current Return-on-Tangible-Equity is 17.99%, which is 14% above median its own 10-year median of 15.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Airports of Vietnam stock overvalued right now?
Based on GuruFocus' analysis, Airports of Vietnam (HSTC:ACV) is currently considered Significantly Undervalued. The stock's GF Value™ is ₫106,848.94, compared to a current price of ₫43,200.00 — trading 59.6% below its estimated fair value. The current Return-on-Tangible-Equity is 17.99%, which is 14% above median its 10-year median of 15.77 and 100.1% above the Transportation industry median of 8.99. Airports of Vietnam's overall GF Score™ is 87/100 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-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Airports of Vietnam (HSTC:ACV), the current Return-on-Tangible-Equity is 17.99% 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.
Is Airports of Vietnam (HSTC:ACV) Overvalued in 2026?
Based on GuruFocus' analysis, Airports of Vietnam stock appears to be undervalued.
The current stock price of ₫43,200.00 is trading 59.6% below its estimated GF Value™ of ₫106,848.94.
GuruFocus considers Airports of Vietnam to be Significantly Undervalued.
Key valuation signals for HSTC:ACV:
Return-on-Tangible-Equity: 17.99% (14% above median its 10-year median of 15.77)
GF Value™: ₫106,848.94 vs. price of ₫43,200.00 (59.6% below fair value)
Industry Position: 100.1% above the Transportation median (#259 of 977)
No single metric tells the full story. See the HSTC:ACV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Airports Corp. of Vietnam is engaged in managing international and domestic airports. The company is involved in investment, management of capital investments, direct manufacturing at airports, and aerodromes; Provision of services of aviation safety; Supply of technical services, science and technology services both domestic and offshore areas; and other related activities.
87GF Score
Get the complete analysis for HSTC:ACV
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