Binh Minh Garment JSC (HSTC:BMG) Return-on-Tangible-Equity: 0.00% (As of . 20)

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What is Binh Minh Garment JSC Return-on-Tangible-Equity?

Binh Minh Garment JSC HSTC:BMG Return-on-Tangible-Equity is 0.00% as of . 20. The stock has 1 warning sign investors should review.

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. Binh Minh Garment JSC's annualized net income for the quarter that ended in . 20 was ₫ Mil. Binh Minh Garment JSC's average shareholder tangible equity for the quarter that ended in . 20 was ₫ Mil. Therefore, Binh Minh Garment JSC's annualized Return-on-Tangible-Equity for the quarter that ended in . 20 was %.

The historical rank and industry rank for Binh Minh Garment JSC's Return-on-Tangible-Equity or its related term are showing as below:

HSTC:BMG's Return-on-Tangible-Equity is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 4.43
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Binh Minh Garment JSC  (HSTC:BMG) 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.


Binh Minh Garment JSC Return-on-Tangible-Equity Related Terms


Binh Minh Garment JSC Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Binh Minh Garment JSC'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.

Binh Minh Garment JSC Return-on-Tangible-Equity Chart

Binh Minh Garment JSC Annual Data
Trend
Return-on-Tangible-Equity

Binh Minh Garment JSC Semi-Annual Data
Return-on-Tangible-Equity

HSTC:BMG vs : Return-on-Tangible-Equity Comparison

For the Apparel Manufacturing subindustry, Binh Minh Garment JSC'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.


Binh Minh Garment JSC Return-on-Tangible-Equity vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Binh Minh Garment JSC's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Binh Minh Garment JSC's Return-on-Tangible-Equity falls into.



Binh Minh Garment JSC Return-on-Tangible-Equity Calculation

Binh Minh Garment JSC's annualized Return-on-Tangible-Equity for the fiscal year that ended in . 20 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=/( (+ )/ )
=/
= %

Binh Minh Garment JSC's annualized Return-on-Tangible-Equity for the quarter that ended in . 20 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=/( (+)/ )
=/
= %

* 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 one times the annual (. 20) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of 0.00% mean?
Binh Minh Garment JSC (HSTC:BMG) has a Return-on-Tangible-Equity of 0.00% as of . 20. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Binh Minh Garment JSC and its competitors.
Is Binh Minh Garment JSC's Return-on-Tangible-Equity too high?
Binh Minh Garment JSC's current Return-on-Tangible-Equity is 0.00%.
How does Binh Minh Garment JSC's Return-on-Tangible-Equity compare to ?
Binh Minh Garment JSC's Return-on-Tangible-Equity of 0.00% can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median Return-on-Tangible-Equity is 4.43. 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 Manufacturing - Apparel & Accessories company?
The median Return-on-Tangible-Equity among Manufacturing - Apparel & Accessories companies is 4.43, based on 1,013 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. 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 Binh Minh Garment JSC and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Return-on-Tangible-Equity is 4.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Binh Minh Garment JSC's current Return-on-Tangible-Equity is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Binh Minh Garment JSC stock overvalued right now?
Binh Minh Garment JSC (HSTC:BMG) has a current Return-on-Tangible-Equity of 0.00%. The current Return-on-Tangible-Equity is 0.00%. 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 Binh Minh Garment JSC (HSTC:BMG), the current Return-on-Tangible-Equity is 0.00% as of . 20. 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.

Binh Minh Garment JSC Business Description

Comparable Companies
Address 440 No Trang Long Street, Ward 13, Quan Binh Thanh, Ho Chi Minh, VNM
Binh Minh Garment JSC is a Vietnamese company engaged in the manufacture of men's shirts.