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Ton Dong AHSTC:GDA 61 Return-on-Tangible-Equity is 10.97% as of Jun. 2026, which is 34% above its 10-year median of 8.21. GuruFocus rates HSTC:GDA with a GF Score™ of 61/100 and a GF Value™ of ₫15,663.96 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 612 Steel companies, Ton Dong A ranks better than 64.54% 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. Ton Dong A's annualized net income for the quarter that ended in Jun. 2026 was ₫372,204 Mil. Ton Dong A's average shareholder tangible equity for the quarter that ended in Jun. 2026 was ₫3,394,261 Mil. Therefore, Ton Dong A's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 was 10.97%.
The historical rank and industry rank for Ton Dong A's Return-on-Tangible-Equity or its related term are showing as below:
HSTC:GDA'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -8.31 Med: 8.21 Max: 10.23
Current: 7.74
During the past 4 years, Ton Dong A's highest Return-on-Tangible-Equity was 10.23%. The lowest was -8.31%. And the median was 8.21%.
HSTC:GDA's Return-on-Tangible-Equity is ranked better than 64.54% of 612
companies
in the Steel industry
Industry Median: 4.695
vs HSTC:GDA: 7.74
Ton Dong A (HSTC:GDA) 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.
Ton Dong A Return-on-Tangible-Equity Related Terms
Ton Dong A Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Ton Dong A'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.
HSTC:GDA vs NUE, STLD, RS: Return-on-Tangible-Equity Comparison
For the Steel subindustry, Ton Dong A'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.
Ton Dong A Return-on-Tangible-Equity vs Steel Industry
For the Steel industry and Basic Materials sector, Ton Dong A's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Ton Dong A'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 (Jun. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 10.97% mean?
Ton Dong A (HSTC:GDA) has a Return-on-Tangible-Equity of 10.97% as of Jun. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Ton Dong A and its competitors. This is 34% above median its historical median of 8.21. According to the industry distribution chart, Ton Dong A ranks #217 out of 612 companies in the Steel industry, placing it in the top 35.5%.
Is Ton Dong A's Return-on-Tangible-Equity too high?
Ton Dong A's current Return-on-Tangible-Equity of 10.97% is 34% above median its 10-year median of 8.21. The Steel industry median Return-on-Tangible-Equity is 4.70. Ton Dong A's value of 10.97% is 133.7% above this industry median. Based on the distribution chart, Ton Dong A ranks #217 out of 612 companies in the Steel industry, which is above the industry midpoint. Overall, Ton Dong A has a GF Score™ of 61/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ton Dong A's Return-on-Tangible-Equity compare to NUE and STLD?
According to the Steel industry distribution chart, Ton Dong A ranks #217 out of 612 companies for Return-on-Tangible-Equity. This puts Ton Dong A in the upper half of its industry. The industry median Return-on-Tangible-Equity is 4.70. Ton Dong A's value of 10.97% is 133.7% above this benchmark. While the company's 10-year median is 8.21 vs. the industry median of 4.70, Ton Dong A 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 Steel company?
The median Return-on-Tangible-Equity among Steel companies is 4.70, based on 612 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. Ton Dong A's current Return-on-Tangible-Equity of 10.97% is 133.7% 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 Ton Dong A and its competitors. For the Steel industry, the median Return-on-Tangible-Equity is 4.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ton Dong A's current Return-on-Tangible-Equity is 10.97%, which is 34% above median its own 10-year median of 8.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ton Dong A stock overvalued right now?
Based on GuruFocus' analysis, Ton Dong A (HSTC:GDA) is currently considered Modestly Undervalued. The stock's GF Value™ is ₫15,663.96, compared to a current price of ₫12,300.00 — trading 21.5% below its estimated fair value. The current Return-on-Tangible-Equity is 10.97%, which is 34% above median its 10-year median of 8.21 and 133.7% above the Steel industry median of 4.70. Ton Dong A's overall GF Score™ is 61/100 with 5 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 Ton Dong A (HSTC:GDA), the current Return-on-Tangible-Equity is 10.97% as of Jun. 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 Ton Dong A (HSTC:GDA) Overvalued in 2026?
Based on GuruFocus' analysis, Ton Dong A stock appears to be undervalued.
The current stock price of ₫12,300.00 is trading 21.5% below its estimated GF Value™ of ₫15,663.96.
GuruFocus considers Ton Dong A to be Modestly Undervalued.
Key valuation signals for HSTC:GDA:
Return-on-Tangible-Equity: 10.97% (34% above median its 10-year median of 8.21)
GF Value™: ₫15,663.96 vs. price of ₫12,300.00 (21.5% below fair value)
Industry Position: 133.7% above the Steel median (#217 of 612)
No single metric tells the full story. See the HSTC:GDA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ton Dong A Corp is a company specializing in the production of cold rolled steel, zinc corrugated iron, cold corrugated iron, color corrugated iron, galvanized box steel for industrial and civil construction, transportation infrastructure, and home appliances use. The company operates in the field of manufacturing galvanized steel sheet, the main products are cold rolled steel, black corrugated iron, galvanized steel zinc corrugated iron, aluminum zinc alloy coated steel, cold corrugated iron and painted cold corrugated iron Cold corrugated iron. color cold corrugated iron.
61GF Score
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