Hoa Sen Group (STC:HSG) Return-on-Tangible-Equity: 4.27% (As of Mar. 2026) — 46% Below Median


STC:HSG Hoa Sen Group STC:HSG
82 GF Score
Price ₫11,550.00
GF Value ₫13,689.90
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Hoa Sen Group Return-on-Tangible-Equity?

Hoa Sen Group STC:HSG -0.43% 82 Return-on-Tangible-Equity is 4.27% as of Mar. 2026, which is 46% below its 10-year median of 7.85. GuruFocus rates STC:HSG with a GF Score™ of 82/100 and a GF Value™ of ₫13,689.90 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 615 Steel companies, Hoa Sen Group ranks better than 55.77% 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. Hoa Sen Group's annualized net income for the quarter that ended in Mar. 2026 was ₫474,852 Mil. Hoa Sen Group's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₫11,122,327 Mil. Therefore, Hoa Sen Group's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 4.27%.

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

STC:HSG' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 0.28   Med: 7.85   Max: 50.87
Current: 4.86

During the past 13 years, Hoa Sen Group's highest Return-on-Tangible-Equity was 50.87%. The lowest was 0.28%. And the median was 7.85%.

STC:HSG's Return-on-Tangible-Equity is ranked better than
55.77% of 615 companies
in the Steel industry
Industry Median: 3.93 vs STC:HSG: 4.86

Hoa Sen Group  (STC:HSG) 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.


Hoa Sen Group Return-on-Tangible-Equity Related Terms


Hoa Sen Group Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Hoa Sen Group'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.

Hoa Sen Group Return-on-Tangible-Equity Chart

Hoa Sen Group Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 50.87 2.36 0.28 4.84 6.74

Hoa Sen Group 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 7.47 9.89 3.06 2.25 4.27

STC:HSG vs NUE, STLD, RS: Return-on-Tangible-Equity Comparison

For the Steel subindustry, Hoa Sen Group'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.


Hoa Sen Group Return-on-Tangible-Equity vs Steel Industry

For the Steel industry and Basic Materials sector, Hoa Sen Group's Return-on-Tangible-Equity distribution charts can be found below:

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


STC:HSG
82GF Score
Hoa Sen Group STC:HSG
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hoa Sen Group Return-on-Tangible-Equity Calculation

Hoa Sen Group's annualized Return-on-Tangible-Equity for the fiscal year that ended in Sep. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Sep. 2025 )  (A: Sep. 2024 )(A: Sep. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Sep. 2025 )  (A: Sep. 2024 )(A: Sep. 2025 )
=735018.776/( (10704637.297+11102347.234 )/ 2 )
=735018.776/10903492.2655
=6.74 %

Hoa Sen Group'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 )
=474852.468/( (11069304.197+11175350.525)/ 2 )
=474852.468/11122327.361
=4.27 %

* 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 4.27% mean?
Hoa Sen Group (STC:HSG) has a Return-on-Tangible-Equity of 4.27% 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 Hoa Sen Group and its competitors. This is 46% below median its historical median of 7.85. Over the past decade, Hoa Sen Group's Return-on-Tangible-Equity has ranged from 0.28 to 50.87. According to the industry distribution chart, Hoa Sen Group ranks #272 out of 615 companies in the Steel industry, placing it in the top 44.2%.
Is Hoa Sen Group's Return-on-Tangible-Equity too high?
Hoa Sen Group's current Return-on-Tangible-Equity of 4.27% is 46% below median its 10-year median of 7.85. Over the past 10 years, this metric has ranged from a low of 0.28 to a high of 50.87. The Steel industry median Return-on-Tangible-Equity is 3.93. Hoa Sen Group's value of 4.27% is 8.7% above this industry median. Based on the distribution chart, Hoa Sen Group ranks #272 out of 615 companies in the Steel industry, which is above the industry midpoint. Overall, Hoa Sen Group has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hoa Sen Group's Return-on-Tangible-Equity compare to NUE and STLD?
According to the Steel industry distribution chart, Hoa Sen Group ranks #272 out of 615 companies for Return-on-Tangible-Equity. This puts Hoa Sen Group in the upper half of its industry. The industry median Return-on-Tangible-Equity is 3.93. Hoa Sen Group's value of 4.27% is 8.7% above this benchmark. Historically, Hoa Sen Group's own Return-on-Tangible-Equity has ranged from 0.28 to 50.87 over the past decade. While the company's 10-year median is 7.85 vs. the industry median of 3.93, Hoa Sen Group 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 Steel company?
The median Return-on-Tangible-Equity among Steel companies is 3.93, based on 615 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. Hoa Sen Group's current Return-on-Tangible-Equity of 4.27% is 8.7% 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 Hoa Sen Group and its competitors. For the Steel industry, the median Return-on-Tangible-Equity is 3.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hoa Sen Group's current Return-on-Tangible-Equity is 4.27%, which is 46% below median its own 10-year median of 7.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hoa Sen Group stock overvalued right now?
Based on GuruFocus' analysis, Hoa Sen Group (STC:HSG) is currently considered Modestly Undervalued. The stock's GF Value™ is ₫13,689.90, compared to a current price of ₫11,550.00 — trading 15.6% below its estimated fair value. The current Return-on-Tangible-Equity is 4.27%, which is 46% below median its 10-year median of 7.85 and 8.7% above the Steel industry median of 3.93. Hoa Sen Group's overall GF Score™ is 82/100 with 7 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 Hoa Sen Group (STC:HSG), the current Return-on-Tangible-Equity is 4.27% 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 Hoa Sen Group (STC:HSG) Overvalued in 2026?

Based on GuruFocus' analysis, Hoa Sen Group stock appears to be undervalued. The current stock price of ₫11,550.00 is trading 15.6% below its estimated GF Value™ of ₫13,689.90. GuruFocus considers Hoa Sen Group to be Modestly Undervalued.

Key valuation signals for STC:HSG:

  • Return-on-Tangible-Equity: 4.27% (46% below median its 10-year median of 7.85)
  • GF Value™: ₫13,689.90 vs. price of ₫11,550.00 (15.6% below fair value)
  • GF Score™: 82/100 with 7 warning signs
  • Industry Position: 8.7% above the Steel median (#272 of 615)

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


Hoa Sen Group Business Description

Address 183 Nguyen Van Troi Street, Ward 10, Phu Nhuan District, Ho Chi Minh, VNM
Hoa Sen Group is engaged in the production of roofing sheets made of galvanized steel, zinc-aluminum alloy, painted galvanized steel, and other alloy types; steel purlins and galvanized purlins; black steel pipes, galvanized steel pipes, alloy-coated steel pipes; galvanized steel mesh, galvanized steel wire, and other steel wire products; and cold rolled steel coils. The Group is also involved in the production and sale of construction materials, including plastic pipes and plastic pipe accessories, buying and selling construction materials, production materials, and consumer goods, warehouse leasing and cargo transportation services, industrial and civil construction, leasing of machinery, equipment, and other tangible items, and hotel business, catering services, and commercial centers.
82GF Score

Get the complete analysis for STC:HSG

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

₫11,550.00
Price
₫13,689.90
GF Value