Bao Viet Securities JSC (HSTC:BVS) Return-on-Tangible-Equity: 3.15% (As of Mar. 2026) — 59% Below Median

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HSTC:BVS Bao Viet Securities JSC HSTC:BVS
68 GF Score
Price ₫34,000.00
GF Value ₫46,520.54
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Bao Viet Securities JSC Return-on-Tangible-Equity?

Bao Viet Securities JSC HSTC:BVS -5.29% 68 Return-on-Tangible-Equity is 3.15% as of Mar. 2026, which is 59% below its 10-year median of 7.64. GuruFocus rates HSTC:BVS with a GF Score™ of 68/100 and a GF Value™ of ₫46,520.54 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 783 Capital Markets companies, Bao Viet Securities JSC ranks better than 53.77% 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. Bao Viet Securities JSC's annualized net income for the quarter that ended in Mar. 2026 was ₫83,782 Mil. Bao Viet Securities JSC's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₫2,656,687 Mil. Therefore, Bao Viet Securities JSC's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 3.15%.

The historical rank and industry rank for Bao Viet Securities JSC's Return-on-Tangible-Equity or its related term are showing as below:

HSTC:BVS' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 6.12   Med: 7.64   Max: 14.1
Current: 7.83

During the past 13 years, Bao Viet Securities JSC's highest Return-on-Tangible-Equity was 14.10%. The lowest was 6.12%. And the median was 7.64%.

HSTC:BVS's Return-on-Tangible-Equity is ranked better than
53.77% of 783 companies
in the Capital Markets industry
Industry Median: 6.45 vs HSTC:BVS: 7.83

Bao Viet Securities JSC  (HSTC:BVS) 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.


Bao Viet Securities JSC Return-on-Tangible-Equity Related Terms


Bao Viet Securities JSC Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Bao Viet Securities 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.

Bao Viet Securities JSC Return-on-Tangible-Equity Chart

Bao Viet Securities JSC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.10 6.80 8.82 8.37 8.79

Bao Viet Securities JSC Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.61 11.20 12.36 4.71 3.15

HSTC:BVS vs MS, GS, SCHW: Return-on-Tangible-Equity Comparison

For the Capital Markets subindustry, Bao Viet Securities 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.


Bao Viet Securities JSC Return-on-Tangible-Equity vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Bao Viet Securities JSC's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Bao Viet Securities JSC's Return-on-Tangible-Equity falls into.


HSTC:BVS
68GF Score
Bao Viet Securities JSC HSTC:BVS
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bao Viet Securities JSC Return-on-Tangible-Equity Calculation

Bao Viet Securities JSC's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=224835.266/( (2466170.395+2649424.429 )/ 2 )
=224835.266/2557797.412
=8.79 %

Bao Viet Securities JSC's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=83781.676/( (2649424.429+2663949.439)/ 2 )
=83781.676/2656686.934
=3.15 %

* 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 (Mar. 2026) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of 3.15% mean?
Bao Viet Securities JSC (HSTC:BVS) has a Return-on-Tangible-Equity of 3.15% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Bao Viet Securities JSC and its competitors. This is 59% below median its historical median of 7.64. Over the past decade, Bao Viet Securities JSC's Return-on-Tangible-Equity has ranged from 6.12 to 14.10. According to the industry distribution chart, Bao Viet Securities JSC ranks #362 out of 783 companies in the Capital Markets industry, placing it in the top 46.2%.
Is Bao Viet Securities JSC's Return-on-Tangible-Equity too high?
Bao Viet Securities JSC's current Return-on-Tangible-Equity of 3.15% is 59% below median its 10-year median of 7.64. Over the past 10 years, this metric has ranged from a low of 6.12 to a high of 14.10. The Capital Markets industry median Return-on-Tangible-Equity is 6.45. Bao Viet Securities JSC's value of 3.15% is 51.2% below this industry median. Based on the distribution chart, Bao Viet Securities JSC ranks #362 out of 783 companies in the Capital Markets industry, which is above the industry midpoint. Overall, Bao Viet Securities JSC has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bao Viet Securities JSC's Return-on-Tangible-Equity compare to MS and GS?
According to the Capital Markets industry distribution chart, Bao Viet Securities JSC ranks #362 out of 783 companies for Return-on-Tangible-Equity. This puts Bao Viet Securities JSC in the upper half of its industry. The industry median Return-on-Tangible-Equity is 6.45. Bao Viet Securities JSC's value of 3.15% is 51.2% below this benchmark. Historically, Bao Viet Securities JSC's own Return-on-Tangible-Equity has ranged from 6.12 to 14.10 over the past decade. While the company's 10-year median is 7.64 vs. the industry median of 6.45, Bao Viet Securities JSC has consistently been below 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 Capital Markets company?
The median Return-on-Tangible-Equity among Capital Markets companies is 6.45, based on 783 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. Bao Viet Securities JSC's current Return-on-Tangible-Equity of 3.15% is 51.2% below 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 Bao Viet Securities JSC and its competitors. For the Capital Markets industry, the median Return-on-Tangible-Equity is 6.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bao Viet Securities JSC's current Return-on-Tangible-Equity is 3.15%, which is 59% below median its own 10-year median of 7.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bao Viet Securities JSC stock overvalued right now?
Based on GuruFocus' analysis, Bao Viet Securities JSC (HSTC:BVS) is currently considered Modestly Undervalued. The stock's GF Value™ is ₫46,520.54, compared to a current price of ₫34,000.00 — trading 26.9% below its estimated fair value. The current Return-on-Tangible-Equity is 3.15%, which is 59% below median its 10-year median of 7.64 and 51.2% below the Capital Markets industry median of 6.45. Bao Viet Securities JSC's overall GF Score™ is 68/100 with 6 warning signs 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 Bao Viet Securities JSC (HSTC:BVS), the current Return-on-Tangible-Equity is 3.15% 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 Bao Viet Securities JSC (HSTC:BVS) Overvalued in 2026?

Based on GuruFocus' analysis, Bao Viet Securities JSC stock appears to be undervalued. The current stock price of ₫34,000.00 is trading 26.9% below its estimated GF Value™ of ₫46,520.54. GuruFocus considers Bao Viet Securities JSC to be Modestly Undervalued.

Key valuation signals for HSTC:BVS:

  • Return-on-Tangible-Equity: 3.15% (59% below median its 10-year median of 7.64)
  • GF Value™: ₫46,520.54 vs. price of ₫34,000.00 (26.9% below fair value)
  • GF Score™: 68/100 with 6 warning signs
  • Industry Position: 51.2% below the Capital Markets median (#362 of 783)

No single metric tells the full story. See the HSTC:BVS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bao Viet Securities JSC Business Description

Address No. 8 Le Thai To, Hoan Kiem District, Hanoi, VNM
Bao Viet Securities JSC provides brokerage service, custodian service, proprietary trading, underwriting, corporate finance, and investment advisory service. It provides professional fiscal and investment services to domestic and foreign individuals and institutions, investment funds and banks.
68GF Score

Get the complete analysis for HSTC:BVS

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₫34,000.00
Price
₫46,520.54
GF Value