DNSE Securities JSC (STC:DSE) Return-on-Tangible-Equity: 0.94% (As of Mar. 2026) — 86% Below Median


STC:DSE DNSE Securities JSC STC:DSE
39 GF Score
Price ₫23,100.00
! 4 Warning Signs
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What is DNSE Securities JSC Return-on-Tangible-Equity?

DNSE Securities JSC STC:DSE +2.21% 39 Return-on-Tangible-Equity is 0.94% as of Mar. 2026, which is 86% below its 10-year median of 6.59. GuruFocus rates STC:DSE with a GF Score™ of 39/100. The stock has 4 warning signs investors should review. Among 782 Capital Markets companies, DNSE Securities JSC ranks worse than 54.73% 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. DNSE Securities JSC's annualized net income for the quarter that ended in Mar. 2026 was ₫45,307 Mil. DNSE Securities JSC's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₫4,807,416 Mil. Therefore, DNSE Securities JSC's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 0.94%.

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

STC:DSE' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 5.02   Med: 6.59   Max: 7.04
Current: 5.25

During the past 3 years, DNSE Securities JSC's highest Return-on-Tangible-Equity was 7.04%. The lowest was 5.02%. And the median was 6.59%.

STC:DSE's Return-on-Tangible-Equity is ranked worse than
54.73% of 782 companies
in the Capital Markets industry
Industry Median: 6.485 vs STC:DSE: 5.25

DNSE Securities JSC  (STC:DSE) 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.


DNSE Securities JSC Return-on-Tangible-Equity Related Terms


DNSE Securities JSC Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for DNSE 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.

DNSE Securities JSC Return-on-Tangible-Equity Chart

DNSE Securities JSC Annual Data
Trend Dec23 Dec24 Dec25
Return-on-Tangible-Equity
7.04 5.02 6.59

DNSE Securities JSC Quarterly Data
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 5.28 7.25 13.16 0.87 0.94

STC:DSE vs MS, GS, SCHW: Return-on-Tangible-Equity Comparison

For the Capital Markets subindustry, DNSE 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.


DNSE Securities JSC Return-on-Tangible-Equity vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, DNSE Securities JSC's Return-on-Tangible-Equity distribution charts can be found below:

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


STC:DSE
39GF Score
DNSE Securities JSC STC:DSE
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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DNSE Securities JSC Return-on-Tangible-Equity Calculation

DNSE Securities 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 )
=272529.627/( (3990133.077+4277455.461 )/ 2 )
=272529.627/4133794.269
=6.59 %

DNSE Securities 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 )
=45306.616/( (4277455.461+5337377.262)/ 2 )
=45306.616/4807416.3615
=0.94 %

* 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 0.94% mean?
DNSE Securities JSC (STC:DSE) has a Return-on-Tangible-Equity of 0.94% 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 DNSE Securities JSC and its competitors. This is 86% below median its historical median of 6.59. Over the past decade, DNSE Securities JSC's Return-on-Tangible-Equity has ranged from 5.02 to 7.04. According to the industry distribution chart, DNSE Securities JSC ranks #428 out of 782 companies in the Capital Markets industry, placing it in the top 54.7%.
Is DNSE Securities JSC's Return-on-Tangible-Equity too high?
DNSE Securities JSC's current Return-on-Tangible-Equity of 0.94% is 86% below median its 10-year median of 6.59. Over the past 10 years, this metric has ranged from a low of 5.02 to a high of 7.04. The Capital Markets industry median Return-on-Tangible-Equity is 6.49. DNSE Securities JSC's value of 0.94% is 85.5% below this industry median. Based on the distribution chart, DNSE Securities JSC ranks #428 out of 782 companies in the Capital Markets industry, which is below the industry midpoint. Overall, DNSE Securities JSC has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does DNSE Securities JSC's Return-on-Tangible-Equity compare to MS and GS?
According to the Capital Markets industry distribution chart, DNSE Securities JSC ranks #428 out of 782 companies for Return-on-Tangible-Equity. This places DNSE Securities JSC in the lower half of its industry. The industry median Return-on-Tangible-Equity is 6.49. DNSE Securities JSC's value of 0.94% is 85.5% below this benchmark. Historically, DNSE Securities JSC's own Return-on-Tangible-Equity has ranged from 5.02 to 7.04 over the past decade. While the company's 10-year median is 6.59 vs. the industry median of 6.49, DNSE Securities 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 a Capital Markets company?
The median Return-on-Tangible-Equity among Capital Markets companies is 6.49, based on 782 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. DNSE Securities JSC's current Return-on-Tangible-Equity of 0.94% is 85.5% 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 DNSE Securities JSC and its competitors. For the Capital Markets industry, the median Return-on-Tangible-Equity is 6.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DNSE Securities JSC's current Return-on-Tangible-Equity is 0.94%, which is 86% below median its own 10-year median of 6.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DNSE Securities JSC stock overvalued right now?
DNSE Securities JSC (STC:DSE) has a current Return-on-Tangible-Equity of 0.94%. The current Return-on-Tangible-Equity is 0.94%, which is 86% below median its 10-year median of 6.59 and 85.5% below the Capital Markets industry median of 6.49. DNSE Securities JSC's overall GF Score™ is 39/100 with 4 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 DNSE Securities JSC (STC:DSE), the current Return-on-Tangible-Equity is 0.94% 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.

DNSE Securities JSC Business Description

Address 6th Floor - Pax Sky Building No. 63- 65, Ngo Thi Nham, Hai Ba Trung District, Hanoi, VNM
DNSE Securities JSC is a securities trading platform. The company operates in Securities Trading, Custom Custody, Underwriting consulting, and Treasury. The majority of revenue is from Securities Trading segment. All business activities of the Company are carried out in Vietnam.
39GF Score

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

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