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Hoa Binh Construction Group JSCHSTC:HBC 36 Return-on-Tangible-Equity is 4.69% as of Mar. 2026, which is 93% below its 10-year median of 67.34. GuruFocus rates HSTC:HBC with a GF Score™ of 36/100. The stock has 5 warning signs investors should review. Among 1,713 Construction companies, Hoa Binh Construction Group JSC ranks better than 69% 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. Hoa Binh Construction Group JSC's annualized net income for the quarter that ended in Mar. 2026 was ₫87,850 Mil. Hoa Binh Construction Group JSC's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₫1,871,446 Mil. Therefore, Hoa Binh Construction Group JSC's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 4.69%.
The historical rank and industry rank for Hoa Binh Construction Group JSC's Return-on-Tangible-Equity or its related term are showing as below:
HSTC:HBC'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 14.66 Med: 67.34 Max: 120.01
Current: 14.74
During the past 3 years, Hoa Binh Construction Group JSC's highest Return-on-Tangible-Equity was 120.01%. The lowest was 14.66%. And the median was 67.34%.
HSTC:HBC's Return-on-Tangible-Equity is ranked better than 69% of 1713
companies
in the Construction industry
Industry Median: 8.21
vs HSTC:HBC: 14.74
Hoa Binh Construction Group JSC (HSTC:HBC) 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.
Hoa Binh Construction Group JSC Return-on-Tangible-Equity Related Terms
Hoa Binh Construction Group JSC Return-on-Tangible-Equity Historical Data
* 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.
Hoa Binh Construction Group JSC Return-on-Tangible-Equity Chart
HSTC:HBC vs PWR, FIX, EME: Return-on-Tangible-Equity Comparison
For the Engineering & Construction subindustry, Hoa Binh Construction Group 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.
Hoa Binh Construction Group JSC Return-on-Tangible-Equity vs Construction Industry
For the Construction industry and Industrials sector, Hoa Binh Construction Group JSC's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Hoa Binh Construction Group JSC'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 (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 4.69% mean?
Hoa Binh Construction Group JSC (HSTC:HBC) has a Return-on-Tangible-Equity of 4.69% 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 Hoa Binh Construction Group JSC and its competitors. This is 93% below median its historical median of 67.34. Over the past decade, Hoa Binh Construction Group JSC's Return-on-Tangible-Equity has ranged from 14.66 to 120.01. According to the industry distribution chart, Hoa Binh Construction Group JSC ranks #531 out of 1713 companies in the Construction industry, placing it in the top 31%.
Is Hoa Binh Construction Group JSC's Return-on-Tangible-Equity too high?
Hoa Binh Construction Group JSC's current Return-on-Tangible-Equity of 4.69% is 93% below median its 10-year median of 67.34. Over the past 10 years, this metric has ranged from a low of 14.66 to a high of 120.01. The Construction industry median Return-on-Tangible-Equity is 8.21. Hoa Binh Construction Group JSC's value of 4.69% is 42.9% below this industry median. Based on the distribution chart, Hoa Binh Construction Group JSC ranks #531 out of 1713 companies in the Construction industry, which is above the industry midpoint. Overall, Hoa Binh Construction Group JSC has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does Hoa Binh Construction Group JSC's Return-on-Tangible-Equity compare to PWR and FIX?
According to the Construction industry distribution chart, Hoa Binh Construction Group JSC ranks #531 out of 1713 companies for Return-on-Tangible-Equity. This puts Hoa Binh Construction Group JSC in the upper half of its industry. The industry median Return-on-Tangible-Equity is 8.21. Hoa Binh Construction Group JSC's value of 4.69% is 42.9% below this benchmark. Historically, Hoa Binh Construction Group JSC's own Return-on-Tangible-Equity has ranged from 14.66 to 120.01 over the past decade. While the company's 10-year median is 67.34 vs. the industry median of 8.21, Hoa Binh Construction Group 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 Construction company?
The median Return-on-Tangible-Equity among Construction companies is 8.21, based on 1,713 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. Hoa Binh Construction Group JSC's current Return-on-Tangible-Equity of 4.69% is 42.9% 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 Hoa Binh Construction Group JSC and its competitors. For the Construction industry, the median Return-on-Tangible-Equity is 8.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hoa Binh Construction Group JSC's current Return-on-Tangible-Equity is 4.69%, which is 93% below median its own 10-year median of 67.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hoa Binh Construction Group JSC stock overvalued right now?
Hoa Binh Construction Group JSC (HSTC:HBC) has a current Return-on-Tangible-Equity of 4.69%. The current Return-on-Tangible-Equity is 4.69%, which is 93% below median its 10-year median of 67.34 and 42.9% below the Construction industry median of 8.21. Hoa Binh Construction Group JSC's overall GF Score™ is 36/100 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 Hoa Binh Construction Group JSC (HSTC:HBC), the current Return-on-Tangible-Equity is 4.69% 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.
Hoa Binh Construction Group JSC Business Description
Hoa Binh Construction Group JSC is engaged in civil and industrial construction, land leveling, construction consulting, manufacturing and trading of construction materials and interior decoration items; house repair and interior decoration services; real estate business; and industrial zone development for leasing.
36GF Score
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