VietinBank Securities JSCSTC:CTS 89 Return-on-Tangible-Equity is 9.28% as of Mar. 2026, which is 11% below its 10-year median of 10.37. GuruFocus rates STC:CTS with a GF Score™ of 89/100 and a GF Value™ of ₫30,526.27 (Fairly Valued). The stock has 8 warning signs investors should review. Among 783 Capital Markets companies, VietinBank Securities JSC ranks better than 76.12% 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. VietinBank Securities JSC's annualized net income for the quarter that ended in Mar. 2026 was ₫263,375 Mil. VietinBank Securities JSC's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₫2,837,899 Mil. Therefore, VietinBank Securities JSC's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 9.28%.
The historical rank and industry rank for VietinBank Securities JSC's Return-on-Tangible-Equity or its related term are showing as below:
STC:CTS'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 3.95 Med: 10.37 Max: 24.38
Current: 20.28
During the past 8 years, VietinBank Securities JSC's highest Return-on-Tangible-Equity was 24.38%. The lowest was 3.95%. And the median was 10.37%.
STC:CTS's Return-on-Tangible-Equity is ranked better than 76.12% of 783
companies
in the Capital Markets industry
Industry Median: 6.45
vs STC:CTS: 20.28
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.
VietinBank Securities JSC Return-on-Tangible-Equity Related Terms
VietinBank Securities JSC Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for VietinBank Securities 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.
STC:CTS vs MS, GS, SCHW: Return-on-Tangible-Equity Comparison
For the Capital Markets subindustry, VietinBank Securities 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.
VietinBank Securities JSC Return-on-Tangible-Equity vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, VietinBank Securities JSC's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where VietinBank Securities 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 9.28% mean?
VietinBank Securities JSC (STC:CTS) has a Return-on-Tangible-Equity of 9.28% 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 VietinBank Securities JSC and its competitors. This is 11% below median its historical median of 10.37. Over the past decade, VietinBank Securities JSC's Return-on-Tangible-Equity has ranged from 3.95 to 24.38. According to the industry distribution chart, VietinBank Securities JSC ranks #187 out of 783 companies in the Capital Markets industry, placing it in the top 23.9%.
Is VietinBank Securities JSC's Return-on-Tangible-Equity too high?
VietinBank Securities JSC's current Return-on-Tangible-Equity of 9.28% is 11% below median its 10-year median of 10.37. Over the past 10 years, this metric has ranged from a low of 3.95 to a high of 24.38. The Capital Markets industry median Return-on-Tangible-Equity is 6.45. VietinBank Securities JSC's value of 9.28% is 43.9% above this industry median. Based on the distribution chart, VietinBank Securities JSC ranks #187 out of 783 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, VietinBank Securities JSC has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does VietinBank Securities JSC's Return-on-Tangible-Equity compare to MS and GS?
According to the Capital Markets industry distribution chart, VietinBank Securities JSC ranks #187 out of 783 companies for Return-on-Tangible-Equity. This places VietinBank Securities JSC in the top 24% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 6.45. VietinBank Securities JSC's value of 9.28% is 43.9% above this benchmark. Historically, VietinBank Securities JSC's own Return-on-Tangible-Equity has ranged from 3.95 to 24.38 over the past decade. While the company's 10-year median is 10.37 vs. the industry median of 6.45, VietinBank Securities 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 Capital Markets company?
The median Return-on-Tangible-Equity among Capital Markets companies is 6.45, based on 783 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. VietinBank Securities JSC's current Return-on-Tangible-Equity of 9.28% is 43.9% 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 VietinBank Securities JSC and its competitors. For the Capital Markets industry, the median Return-on-Tangible-Equity is 6.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VietinBank Securities JSC's current Return-on-Tangible-Equity is 9.28%, which is 11% below median its own 10-year median of 10.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VietinBank Securities JSC stock overvalued right now?
Based on GuruFocus' analysis, VietinBank Securities JSC (STC:CTS) is currently considered Fairly Valued. The stock's GF Value™ is ₫30,526.27, compared to a current price of ₫28,400.00 — trading 7% below its estimated fair value. The current Return-on-Tangible-Equity is 9.28%, which is 11% below median its 10-year median of 10.37 and 43.9% above the Capital Markets industry median of 6.45. VietinBank Securities JSC's overall GF Score™ is 89/100 with 8 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 VietinBank Securities JSC (STC:CTS), the current Return-on-Tangible-Equity is 9.28% 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 VietinBank Securities JSC (STC:CTS) Overvalued in 2026?
Based on GuruFocus' analysis, VietinBank Securities JSC stock appears to be undervalued.
The current stock price of ₫28,400.00 is trading 7% below its estimated GF Value™ of ₫30,526.27.
GuruFocus considers VietinBank Securities JSC to be Fairly Valued.
Key valuation signals for STC:CTS:
Return-on-Tangible-Equity: 9.28% (11% below median its 10-year median of 10.37)
GF Value™: ₫30,526.27 vs. price of ₫28,400.00 (7% below fair value)
Industry Position: 43.9% above the Capital Markets median (#187 of 783)
No single metric tells the full story. See the STC:CTS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
VietinBank Securities JSC is engaged in the provision of securities brokerage services, proprietary trading, securities investment advisory services, financial consultancy, underwriting securities, securities depository, and other services in accordance with laws and regulations applicable to securities companies. The company's operating business segments are: Brokerage and services, Proprietary trading, Underwriting, and Consultancy. Maximum revenue is generated from the Proprietary trading segment. Geographically, the company operates only in Vietnam.
89GF Score
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