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Vietnam Engine & Agricultural MachineryHSTC:VEA 74 Return-on-Tangible-Equity is 25.16% as of Mar. 2026, which is 8% below its 10-year median of 27.41. GuruFocus rates HSTC:VEA with a GF Score™ of 74/100 and a GF Value™ of ₫41,748.59 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 199 Farm & Heavy Construction Machinery companies, Vietnam Engine & Agricultural Machinery ranks better than 85.43% on this metric.
HSTC:VEA'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 21.54 Med: 27.41 Max: 31.45
Current: 27.31
During the past 7 years, Vietnam Engine & Agricultural Machinery's highest Return-on-Tangible-Equity was 31.45%. The lowest was 21.54%. And the median was 27.41%.
HSTC:VEA's Return-on-Tangible-Equity is ranked better than 85.43% of 199
companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 9.26
vs HSTC:VEA: 27.31
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.
Vietnam Engine & Agricultural Machinery Return-on-Tangible-Equity Related Terms
Vietnam Engine & Agricultural Machinery 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.
HSTC:VEA vs CAT, DE, PCAR: Return-on-Tangible-Equity Comparison
For the Farm & Heavy Construction Machinery subindustry, Vietnam Engine & Agricultural Machinery'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.
Vietnam Engine & Agricultural Machinery Return-on-Tangible-Equity vs Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Vietnam Engine & Agricultural Machinery's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Vietnam Engine & Agricultural Machinery'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 25.16% mean?
Vietnam Engine & Agricultural Machinery (HSTC:VEA) has a Return-on-Tangible-Equity of 25.16% 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 Vietnam Engine & Agricultural Machinery and its competitors. This is near median its historical median of 27.41. Over the past decade, Vietnam Engine & Agricultural Machinery's Return-on-Tangible-Equity has ranged from 21.54 to 31.45. According to the industry distribution chart, Vietnam Engine & Agricultural Machinery ranks #29 out of 199 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 14.6%.
Is Vietnam Engine & Agricultural Machinery's Return-on-Tangible-Equity too high?
Vietnam Engine & Agricultural Machinery's current Return-on-Tangible-Equity of 25.16% is near median its 10-year median of 27.41. Over the past 10 years, this metric has ranged from a low of 21.54 to a high of 31.45. The Farm & Heavy Construction Machinery industry median Return-on-Tangible-Equity is 9.26. Vietnam Engine & Agricultural Machinery's value of 25.16% is 171.7% above this industry median. Based on the distribution chart, Vietnam Engine & Agricultural Machinery ranks #29 out of 199 companies in the Farm & Heavy Construction Machinery industry, which is in the top quartile — a strong position relative to peers. Overall, Vietnam Engine & Agricultural Machinery has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vietnam Engine & Agricultural Machinery's Return-on-Tangible-Equity compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Vietnam Engine & Agricultural Machinery ranks #29 out of 199 companies for Return-on-Tangible-Equity. This places Vietnam Engine & Agricultural Machinery in the top 15% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 9.26. Vietnam Engine & Agricultural Machinery's value of 25.16% is 171.7% above this benchmark. Historically, Vietnam Engine & Agricultural Machinery's own Return-on-Tangible-Equity has ranged from 21.54 to 31.45 over the past decade. While the company's 10-year median is 27.41 vs. the industry median of 9.26, Vietnam Engine & Agricultural Machinery 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 Farm & Heavy Construction Machinery company?
The median Return-on-Tangible-Equity among Farm & Heavy Construction Machinery companies is 9.26, based on 199 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. Vietnam Engine & Agricultural Machinery's current Return-on-Tangible-Equity of 25.16% is 171.7% 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 Vietnam Engine & Agricultural Machinery and its competitors. For the Farm & Heavy Construction Machinery industry, the median Return-on-Tangible-Equity is 9.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vietnam Engine & Agricultural Machinery's current Return-on-Tangible-Equity is 25.16%, which is near median its own 10-year median of 27.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vietnam Engine & Agricultural Machinery stock overvalued right now?
Based on GuruFocus' analysis, Vietnam Engine & Agricultural Machinery (HSTC:VEA) is currently considered Modestly Undervalued. The stock's GF Value™ is ₫41,748.59, compared to a current price of ₫34,700.00 — trading 16.9% below its estimated fair value. The current Return-on-Tangible-Equity is 25.16%, which is near median its 10-year median of 27.41 and 171.7% above the Farm & Heavy Construction Machinery industry median of 9.26. Vietnam Engine & Agricultural Machinery's overall GF Score™ is 74/100 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 Vietnam Engine & Agricultural Machinery (HSTC:VEA), the current Return-on-Tangible-Equity is 25.16% 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 Vietnam Engine & Agricultural Machinery (HSTC:VEA) Overvalued in 2026?
Based on GuruFocus' analysis, Vietnam Engine & Agricultural Machinery stock appears to be undervalued.
The current stock price of ₫34,700.00 is trading 16.9% below its estimated GF Value™ of ₫41,748.59.
GuruFocus considers Vietnam Engine & Agricultural Machinery to be Modestly Undervalued.
Key valuation signals for HSTC:VEA:
Return-on-Tangible-Equity: 25.16% (near median its 10-year median of 27.41)
GF Value™: ₫41,748.59 vs. price of ₫34,700.00 (16.9% below fair value)
Industry Position: 171.7% above the Farm & Heavy Construction Machinery median (#29 of 199)
No single metric tells the full story. See the HSTC:VEA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Vietnam Engine & Agricultural Machinery Business Description
Vietnam Engine & Agricultural Machinery Corp is engaged in manufacturing and trading machinery and spare parts for agricultural, forestry, and fishery production and transportation. Its products include VEAM cars, tractors, engines, agricultural machinery, and accessories.
74GF Score
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