IDICO JSC (HSTC:IDC) Return-on-Tangible-Equity: 17.16% (As of Mar. 2026) — 37% Below Median


HSTC:IDC IDICO Corp JSC HSTC:IDC
96 GF Score
Price ₫40,700.00
GF Value ₫45,372.80
Valuation Modestly Undervalued
! 3 Warning Signs
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What is IDICO JSC Return-on-Tangible-Equity?

IDICO JSC HSTC:IDC 96 Return-on-Tangible-Equity is 17.16% as of Mar. 2026, which is 37% below its 10-year median of 27.15. GuruFocus rates HSTC:IDC with a GF Score™ of 96/100 and a GF Value™ of ₫45,372.80 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,703 Construction companies, IDICO JSC ranks better than 84.85% 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. IDICO JSC's annualized net income for the quarter that ended in Mar. 2026 was ₫1,082,384 Mil. IDICO JSC's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₫6,308,807 Mil. Therefore, IDICO JSC's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 17.16%.

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

HSTC:IDC' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 16.58   Med: 27.15   Max: 49.96
Current: 31.62

During the past 8 years, IDICO JSC's highest Return-on-Tangible-Equity was 49.96%. The lowest was 16.58%. And the median was 27.15%.

HSTC:IDC's Return-on-Tangible-Equity is ranked better than
84.85% of 1703 companies
in the Construction industry
Industry Median: 8.23 vs HSTC:IDC: 31.62

IDICO JSC  (HSTC:IDC) 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.


IDICO JSC Return-on-Tangible-Equity Related Terms


IDICO JSC Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for IDICO 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.

IDICO JSC Return-on-Tangible-Equity Chart

IDICO JSC Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial 24.21 49.96 29.36 39.45 33.66

IDICO 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 26.38 22.68 57.66 28.84 17.16

HSTC:IDC vs PWR, FIX, EME: Return-on-Tangible-Equity Comparison

For the Engineering & Construction subindustry, IDICO 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.


IDICO JSC Return-on-Tangible-Equity vs Construction Industry

For the Construction industry and Industrials sector, IDICO JSC's Return-on-Tangible-Equity distribution charts can be found below:

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


HSTC:IDC
96GF Score
IDICO Corp JSC HSTC:IDC
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

IDICO JSC Return-on-Tangible-Equity Calculation

IDICO 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 )
=1931791.46/( (5306272.097+6172838.062 )/ 2 )
=1931791.46/5739555.0795
=33.66 %

IDICO 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 )
=1082383.672/( (6172838.062+6444775.246)/ 2 )
=1082383.672/6308806.654
=17.16 %

* 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 17.16% mean?
IDICO JSC (HSTC:IDC) has a Return-on-Tangible-Equity of 17.16% 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 IDICO JSC and its competitors. This is 37% below median its historical median of 27.15. Over the past decade, IDICO JSC's Return-on-Tangible-Equity has ranged from 16.58 to 49.96. According to the industry distribution chart, IDICO JSC ranks #258 out of 1703 companies in the Construction industry, placing it in the top 15.1%.
Is IDICO JSC's Return-on-Tangible-Equity too high?
IDICO JSC's current Return-on-Tangible-Equity of 17.16% is 37% below median its 10-year median of 27.15. Over the past 10 years, this metric has ranged from a low of 16.58 to a high of 49.96. The Construction industry median Return-on-Tangible-Equity is 8.23. IDICO JSC's value of 17.16% is 108.5% above this industry median. Based on the distribution chart, IDICO JSC ranks #258 out of 1703 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, IDICO JSC has a GF Score™ of 96/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does IDICO JSC's Return-on-Tangible-Equity compare to PWR and FIX?
According to the Construction industry distribution chart, IDICO JSC ranks #258 out of 1703 companies for Return-on-Tangible-Equity. This places IDICO JSC in the top 15% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 8.23. IDICO JSC's value of 17.16% is 108.5% above this benchmark. Historically, IDICO JSC's own Return-on-Tangible-Equity has ranged from 16.58 to 49.96 over the past decade. While the company's 10-year median is 27.15 vs. the industry median of 8.23, IDICO JSC 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 Construction company?
The median Return-on-Tangible-Equity among Construction companies is 8.23, based on 1,703 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. IDICO JSC's current Return-on-Tangible-Equity of 17.16% is 108.5% 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 IDICO JSC and its competitors. For the Construction industry, the median Return-on-Tangible-Equity is 8.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IDICO JSC's current Return-on-Tangible-Equity is 17.16%, which is 37% below median its own 10-year median of 27.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IDICO JSC stock overvalued right now?
Based on GuruFocus' analysis, IDICO JSC (HSTC:IDC) is currently considered Modestly Undervalued. The stock's GF Value™ is ₫45,372.80, compared to a current price of ₫40,700.00 — trading 10.3% below its estimated fair value. The current Return-on-Tangible-Equity is 17.16%, which is 37% below median its 10-year median of 27.15 and 108.5% above the Construction industry median of 8.23. IDICO JSC's overall GF Score™ is 96/100 with 3 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 IDICO JSC (HSTC:IDC), the current Return-on-Tangible-Equity is 17.16% 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 IDICO JSC (HSTC:IDC) Overvalued in 2026?

Based on GuruFocus' analysis, IDICO JSC stock appears to be undervalued. The current stock price of ₫40,700.00 is trading 10.3% below its estimated GF Value™ of ₫45,372.80. GuruFocus considers IDICO JSC to be Modestly Undervalued.

Key valuation signals for HSTC:IDC:

  • Return-on-Tangible-Equity: 17.16% (37% below median its 10-year median of 27.15)
  • GF Value™: ₫45,372.80 vs. price of ₫40,700.00 (10.3% below fair value)
  • GF Score™: 96/100 with 3 warning signs
  • Industry Position: 108.5% above the Construction median (#258 of 1703)

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


IDICO JSC Business Description

Address 151A Nguyen Dinh Chieu Street, Xuan Hoa Ward, District 3, Ho Chi Minh City, VNM
IDICO Corp JSC is engaged in the development and operation of industrial parks and related infrastructure in Vietnam. The company's reportable segments include Industrial Park Business, Electricity, Construction, Road Toll Collection, Real Estate, and Others. Its activities include developing industrial and residential parks, infrastructure, electricity projects, and providing related services. It generates the majority of its revenue from the Electricity business.
96GF Score

Get the complete analysis for HSTC:IDC

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

₫40,700.00
Price
₫45,372.80
GF Value