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Song Ba Ha Hydro Power JSCHSTC:SBH 40 Return-on-Tangible-Equity is 3.93% as of Jun. 2026, which is 83% below its 10-year median of 23.12. GuruFocus rates HSTC:SBH with a GF Score™ of 40/100. The stock has 1 warning sign investors should review. Among 429 Utilities - Independent Power Producers companies, Song Ba Ha Hydro Power JSC ranks worse than 233100% 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. Song Ba Ha Hydro Power JSC's annualized net income for the quarter that ended in Jun. 2026 was ₫81,058 Mil. Song Ba Ha Hydro Power JSC's average shareholder tangible equity for the quarter that ended in Jun. 2026 was ₫2,062,146 Mil. Therefore, Song Ba Ha Hydro Power JSC's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 was 3.93%.
The historical rank and industry rank for Song Ba Ha Hydro Power JSC's Return-on-Tangible-Equity or its related term are showing as below:
HSTC:SBH'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 14.58 Med: 23.12 Max: 30.55
Current: 30.55
During the past 3 years, Song Ba Ha Hydro Power JSC's highest Return-on-Tangible-Equity was 30.55%. The lowest was 14.58%. And the median was 23.12%.
Song Ba Ha Hydro Power JSC (HSTC:SBH) 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.
Song Ba Ha Hydro Power JSC Return-on-Tangible-Equity Related Terms
Song Ba Ha Hydro Power 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.
Song Ba Ha Hydro Power JSC Return-on-Tangible-Equity Chart
Song Ba Ha Hydro Power JSC Return-on-Tangible-Equity Competitor Comparison
For the Utilities - Renewable subindustry, Song Ba Ha Hydro Power 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.
Song Ba Ha Hydro Power JSC Return-on-Tangible-Equity vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Song Ba Ha Hydro Power JSC's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Song Ba Ha Hydro Power 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 (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 3.93% mean?
Song Ba Ha Hydro Power JSC (HSTC:SBH) has a Return-on-Tangible-Equity of 3.93% 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 Song Ba Ha Hydro Power JSC and its competitors. This is 83% below median its historical median of 23.12. Over the past decade, Song Ba Ha Hydro Power JSC's Return-on-Tangible-Equity has ranged from 14.58 to 30.55. According to the industry distribution chart, Song Ba Ha Hydro Power JSC ranks #999999 out of 429 companies in the Utilities - Independent Power Producers industry.
Is Song Ba Ha Hydro Power JSC's Return-on-Tangible-Equity too high?
Song Ba Ha Hydro Power JSC's current Return-on-Tangible-Equity of 3.93% is 83% below median its 10-year median of 23.12. Over the past 10 years, this metric has ranged from a low of 14.58 to a high of 30.55. The Utilities - Independent Power Producers industry median Return-on-Tangible-Equity is 4.78. Song Ba Ha Hydro Power JSC's value of 3.93% is 17.8% below this industry median. Based on the distribution chart, Song Ba Ha Hydro Power JSC ranks #999999 out of 429 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, Song Ba Ha Hydro Power JSC has a GF Score™ of 40/100, reflecting its overall financial health beyond just this single metric.
How does Song Ba Ha Hydro Power JSC's Return-on-Tangible-Equity compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Song Ba Ha Hydro Power JSC ranks #999999 out of 429 companies for Return-on-Tangible-Equity. This places Song Ba Ha Hydro Power JSC in the lower half of its industry. The industry median Return-on-Tangible-Equity is 4.78. Song Ba Ha Hydro Power JSC's value of 3.93% is 17.8% below this benchmark. Historically, Song Ba Ha Hydro Power JSC's own Return-on-Tangible-Equity has ranged from 14.58 to 30.55 over the past decade. While the company's 10-year median is 23.12 vs. the industry median of 4.78, Song Ba Ha Hydro Power 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 an Utilities - Independent Power Producers company?
The median Return-on-Tangible-Equity among Utilities - Independent Power Producers companies is 4.78, based on 429 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. Song Ba Ha Hydro Power JSC's current Return-on-Tangible-Equity of 3.93% is 17.8% 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 Song Ba Ha Hydro Power JSC and its competitors. For the Utilities - Independent Power Producers industry, the median Return-on-Tangible-Equity is 4.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Song Ba Ha Hydro Power JSC's current Return-on-Tangible-Equity is 3.93%, which is 83% below median its own 10-year median of 23.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Song Ba Ha Hydro Power JSC stock overvalued right now?
Song Ba Ha Hydro Power JSC (HSTC:SBH) has a current Return-on-Tangible-Equity of 3.93%. The current Return-on-Tangible-Equity is 3.93%, which is 83% below median its 10-year median of 23.12 and 17.8% below the Utilities - Independent Power Producers industry median of 4.78. Song Ba Ha Hydro Power JSC's overall GF Score™ is 40/100 with 1 warning sign 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 Song Ba Ha Hydro Power JSC (HSTC:SBH), the current Return-on-Tangible-Equity is 3.93% 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.
Song Ba Ha Hydro Power JSC is a Vietnam-based company mainly focused on electricity production and trading. It operates the Song Ba Ha Hydropower Plant with a design capacity of 220 MW and an average annual electricity output of approximately 601.7 million kWh, located on the Ba River, within the administrative boundaries of Song Hinh district (Phu Yen province) and Krong Ba district (Gia Lai province). Additionally, the company focuses on investment and management of power generation projects, and provides services for the operation, repair, and maintenance of power infrastructure.
40GF Score
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