Gelex Group JSC (STC:GEX) Return-on-Tangible-Equity: 5.79% (As of Mar. 2026) — 59% Below Median


STC:GEX Gelex Group JSC STC:GEX
70 GF Score
Price ₫30,950.00
GF Value ₫20,924.46
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Gelex Group JSC Return-on-Tangible-Equity?

Gelex Group JSC STC:GEX -1.59% 70 Return-on-Tangible-Equity is 5.79% as of Mar. 2026, which is 59% below its 10-year median of 14.04. GuruFocus rates STC:GEX with a GF Score™ of 70/100 and a GF Value™ of ₫20,924.46 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,971 Industrial Products companies, Gelex Group JSC ranks better than 65.1% 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. Gelex Group JSC's annualized net income for the quarter that ended in Mar. 2026 was ₫982,532 Mil. Gelex Group JSC's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₫16,983,003 Mil. Therefore, Gelex Group JSC's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 5.79%.

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

STC:GEX' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 3.24   Med: 14.04   Max: 25.35
Current: 10.43

During the past 10 years, Gelex Group JSC's highest Return-on-Tangible-Equity was 25.35%. The lowest was 3.24%. And the median was 14.04%.

STC:GEX's Return-on-Tangible-Equity is ranked better than
65.1% of 2971 companies
in the Industrial Products industry
Industry Median: 6.72 vs STC:GEX: 10.43

Gelex Group JSC  (STC:GEX) 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.


Gelex Group JSC Return-on-Tangible-Equity Related Terms


Gelex Group JSC Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Gelex Group 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.

Gelex Group JSC Return-on-Tangible-Equity Chart

Gelex Group JSC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.45 3.77 3.24 14.32 10.35

Gelex Group JSC Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.45 20.67 18.09 0.43 5.79

STC:GEX vs VRT, BE, HUBB: Return-on-Tangible-Equity Comparison

For the Electrical Equipment & Parts subindustry, Gelex Group 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.


Gelex Group JSC Return-on-Tangible-Equity vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Gelex Group JSC's Return-on-Tangible-Equity distribution charts can be found below:

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


STC:GEX
70GF Score
Gelex Group JSC STC:GEX
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Gelex Group JSC Return-on-Tangible-Equity Calculation

Gelex Group 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 )
=1477891.529/( (12331357.882+16214795.469 )/ 2 )
=1477891.529/14273076.6755
=10.35 %

Gelex Group 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 )
=982532.02/( (16214795.469+17751209.816)/ 2 )
=982532.02/16983002.6425
=5.79 %

* 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 5.79% mean?
Gelex Group JSC (STC:GEX) has a Return-on-Tangible-Equity of 5.79% 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 Gelex Group JSC and its competitors. This is 59% below median its historical median of 14.04. Over the past decade, Gelex Group JSC's Return-on-Tangible-Equity has ranged from 3.24 to 25.35. According to the industry distribution chart, Gelex Group JSC ranks #1037 out of 2971 companies in the Industrial Products industry, placing it in the top 34.9%.
Is Gelex Group JSC's Return-on-Tangible-Equity too high?
Gelex Group JSC's current Return-on-Tangible-Equity of 5.79% is 59% below median its 10-year median of 14.04. Over the past 10 years, this metric has ranged from a low of 3.24 to a high of 25.35. The Industrial Products industry median Return-on-Tangible-Equity is 6.72. Gelex Group JSC's value of 5.79% is 13.8% below this industry median. Based on the distribution chart, Gelex Group JSC ranks #1037 out of 2971 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Gelex Group JSC has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Gelex Group JSC's Return-on-Tangible-Equity compare to VRT and BE?
According to the Industrial Products industry distribution chart, Gelex Group JSC ranks #1037 out of 2971 companies for Return-on-Tangible-Equity. This puts Gelex Group JSC in the upper half of its industry. The industry median Return-on-Tangible-Equity is 6.72. Gelex Group JSC's value of 5.79% is 13.8% below this benchmark. Historically, Gelex Group JSC's own Return-on-Tangible-Equity has ranged from 3.24 to 25.35 over the past decade. While the company's 10-year median is 14.04 vs. the industry median of 6.72, Gelex Group 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 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. Gelex Group JSC's current Return-on-Tangible-Equity of 5.79% is 13.8% 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 Gelex Group JSC 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. Gelex Group JSC's current Return-on-Tangible-Equity is 5.79%, which is 59% below median its own 10-year median of 14.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gelex Group JSC stock overvalued right now?
Based on GuruFocus' analysis, Gelex Group JSC (STC:GEX) is currently considered Significantly Overvalued. The stock's GF Value™ is ₫20,924.46, compared to a current price of ₫30,950.00 — trading 47.9% above its estimated fair value. The current Return-on-Tangible-Equity is 5.79%, which is 59% below median its 10-year median of 14.04 and 13.8% below the Industrial Products industry median of 6.72. Gelex Group JSC's overall GF Score™ is 70/100 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 Gelex Group JSC (STC:GEX), the current Return-on-Tangible-Equity is 5.79% 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 Gelex Group JSC (STC:GEX) Overvalued in 2026?

Based on GuruFocus' analysis, Gelex Group JSC stock appears to be overvalued. The current stock price of ₫30,950.00 is trading 47.9% above its estimated GF Value™ of ₫20,924.46. GuruFocus considers Gelex Group JSC to be Significantly Overvalued.

Key valuation signals for STC:GEX:

  • Return-on-Tangible-Equity: 5.79% (59% below median its 10-year median of 14.04)
  • GF Value™: ₫20,924.46 vs. price of ₫30,950.00 (47.9% above fair value)
  • GF Score™: 70/100 with 5 warning signs
  • Industry Position: 13.8% below the Industrial Products median (#1037 of 2971)

No single metric tells the full story. See the STC:GEX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Gelex Group JSC Business Description

Address No. 52, Le Dai Hanh Street, Le Dai Hanh Ward, Hai Ba Trung District, Hanoi, VNM
Gelex Group JSC operates in the industrial production and infrastructure industry. The Industrial production of the company is engaged in manufacturing and supplying of electrical equipment like electric cables, transformers, electric motors and, other electrical equipment; and the Infrastructure consists of production and trade in construction materials, real estate and construction business; production, transmission and distribution of electricity including hydropower, solar power and wind power; exploitation, treatment and supply of clean water; hotel, tourism and office leasing services, houses, and other factories.
70GF Score

Get the complete analysis for STC:GEX

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

₫30,950.00
Price
₫20,924.46
GF Value