Viet Thai Electric Cable (HSTC:VTH) Return-on-Tangible-Equity: 0.00% (As of . 20)


What is Viet Thai Electric Cable Return-on-Tangible-Equity?

Viet Thai Electric Cable HSTC:VTH Return-on-Tangible-Equity is 0.00% as of . 20. Among 2,971 Industrial Products companies, Viet Thai Electric Cable ranks worse than 33658.67% 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. Viet Thai Electric Cable's annualized net income for the quarter that ended in . 20 was ₫ Mil. Viet Thai Electric Cable's average shareholder tangible equity for the quarter that ended in . 20 was ₫ Mil. Therefore, Viet Thai Electric Cable's annualized Return-on-Tangible-Equity for the quarter that ended in . 20 was %.

The historical rank and industry rank for Viet Thai Electric Cable's Return-on-Tangible-Equity or its related term are showing as below:

HSTC:VTH's Return-on-Tangible-Equity is not ranked *
in the Industrial Products industry.
Industry Median: 6.72
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Viet Thai Electric Cable  (HSTC:VTH) 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.

Viet Thai Electric Cable Return-on-Tangible-Equity Related Terms

Viet Thai Electric Cable Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Viet Thai Electric Cable'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.

Viet Thai Electric Cable Return-on-Tangible-Equity Chart

Viet Thai Electric Cable Annual Data
Trend
Return-on-Tangible-Equity

Viet Thai Electric Cable Semi-Annual Data
Return-on-Tangible-Equity

HSTC:VTH vs TNLX, MFCO: Return-on-Tangible-Equity Comparison

For the Electrical Equipment & Parts subindustry, Viet Thai Electric Cable'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.

Viet Thai Electric Cable Return-on-Tangible-Equity vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Viet Thai Electric Cable's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Viet Thai Electric Cable's Return-on-Tangible-Equity falls into.


Viet Thai Electric Cable Return-on-Tangible-Equity Calculation

Viet Thai Electric Cable's annualized Return-on-Tangible-Equity for the fiscal year that ended in . 20 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=/( (+ )/ )
=/
= %

Viet Thai Electric Cable's annualized Return-on-Tangible-Equity for the quarter that ended in . 20 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=/( (+)/ )
=/
= %

* 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 one times the annual (. 20) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of 0.00% mean?
Viet Thai Electric Cable (HSTC:VTH) has a Return-on-Tangible-Equity of 0.00% as of . 20. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Viet Thai Electric Cable and its competitors. According to the industry distribution chart, Viet Thai Electric Cable ranks #999999 out of 2971 companies in the Industrial Products industry.
Is Viet Thai Electric Cable's Return-on-Tangible-Equity too high?
Viet Thai Electric Cable's current Return-on-Tangible-Equity is 0.00%. Based on the distribution chart, Viet Thai Electric Cable ranks #999999 out of 2971 companies in the Industrial Products industry, which is in the bottom quartile relative to peers.
How does Viet Thai Electric Cable's Return-on-Tangible-Equity compare to TNLX and MFCO?
According to the Industrial Products industry distribution chart, Viet Thai Electric Cable ranks #999999 out of 2971 companies for Return-on-Tangible-Equity. This places Viet Thai Electric Cable in the lower half of its industry. The industry median Return-on-Tangible-Equity is 6.72. 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 Industrial Products company?
The median Return-on-Tangible-Equity among Industrial Products companies is 6.72, based on 2,971 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. 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 Viet Thai Electric Cable and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Equity is 6.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Viet Thai Electric Cable's current Return-on-Tangible-Equity is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Viet Thai Electric Cable stock overvalued right now?
Viet Thai Electric Cable (HSTC:VTH) has a current Return-on-Tangible-Equity of 0.00%. The current Return-on-Tangible-Equity is 0.00%. 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 Viet Thai Electric Cable (HSTC:VTH), the current Return-on-Tangible-Equity is 0.00% as of . 20. 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.

Viet Thai Electric Cable Business Description

Address Street 1, Bien Hoa Industrial Zone 1, An Binh Ward, District, Dong Nai Province, Bien Hoa, VNM
Viet Thai Electric Cable Corp is engaged in manufacturing all kinds of power cables, and aluminum wire. Its products include Civil Wiring, Solar Cables, Multiplex Cables, Low Voltage Power Cables, and Others.