Tien Phong SecuritiesSTC:ORS -1.37%68 Return-on-Tangible-Equity is 1.77% as of Mar. 2026, which is 83% below its 10-year median of 10.62. GuruFocus rates STC:ORS with a GF Score™ of 68/100 and a GF Value™ of ₫2,916.79 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 779 Capital Markets companies, Tien Phong Securities ranks worse than 61.23% 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. Tien Phong Securities's annualized net income for the quarter that ended in Mar. 2026 was ₫134,930 Mil. Tien Phong Securities's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₫7,641,344 Mil. Therefore, Tien Phong Securities's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 1.77%.
The historical rank and industry rank for Tien Phong Securities's Return-on-Tangible-Equity or its related term are showing as below:
STC:ORS'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -18.77 Med: 10.62 Max: 33.15
Current: 2.96
During the past 8 years, Tien Phong Securities's highest Return-on-Tangible-Equity was 33.15%. The lowest was -18.77%. And the median was 10.62%.
STC:ORS's Return-on-Tangible-Equity is ranked worse than 61.23% of 779
companies
in the Capital Markets industry
Industry Median: 6.56
vs STC:ORS: 2.96
Tien Phong Securities (STC:ORS) 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.
Tien Phong Securities Return-on-Tangible-Equity Related Terms
Tien Phong Securities Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Tien Phong Securities'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.
Tien Phong Securities Return-on-Tangible-Equity Chart
STC:ORS vs MS, GS, SCHW: Return-on-Tangible-Equity Comparison
For the Capital Markets subindustry, Tien Phong Securities'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.
Tien Phong Securities Return-on-Tangible-Equity vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Tien Phong Securities's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Tien Phong Securities'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 1.77% mean?
Tien Phong Securities (STC:ORS) has a Return-on-Tangible-Equity of 1.77% 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 Tien Phong Securities and its competitors. This is 83% below median its historical median of 10.62. According to the industry distribution chart, Tien Phong Securities ranks #477 out of 779 companies in the Capital Markets industry, placing it in the top 61.2%.
Is Tien Phong Securities' Return-on-Tangible-Equity too high?
Tien Phong Securities' current Return-on-Tangible-Equity of 1.77% is 83% below median its 10-year median of 10.62. The Capital Markets industry median Return-on-Tangible-Equity is 6.56. Tien Phong Securities' value of 1.77% is 73% below this industry median. Based on the distribution chart, Tien Phong Securities ranks #477 out of 779 companies in the Capital Markets industry, which is below the industry midpoint. Overall, Tien Phong Securities has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tien Phong Securities' Return-on-Tangible-Equity compare to MS and GS?
According to the Capital Markets industry distribution chart, Tien Phong Securities ranks #477 out of 779 companies for Return-on-Tangible-Equity. This places Tien Phong Securities in the lower half of its industry. The industry median Return-on-Tangible-Equity is 6.56. Tien Phong Securities' value of 1.77% is 73% below this benchmark. While the company's 10-year median is 10.62 vs. the industry median of 6.56, Tien Phong Securities 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 6.56, based on 779 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. Tien Phong Securities's current Return-on-Tangible-Equity of 1.77% is 73% 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 Tien Phong Securities and its competitors. For the Capital Markets industry, the median Return-on-Tangible-Equity is 6.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tien Phong Securities's current Return-on-Tangible-Equity is 1.77%, which is 83% below median its own 10-year median of 10.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tien Phong Securities stock overvalued right now?
Based on GuruFocus' analysis, Tien Phong Securities (STC:ORS) is currently considered Significantly Overvalued. The stock's GF Value™ is ₫2,916.79, compared to a current price of ₫14,400.00 — trading 393.7% above its estimated fair value. The current Return-on-Tangible-Equity is 1.77%, which is 83% below median its 10-year median of 10.62 and 73% below the Capital Markets industry median of 6.56. Tien Phong Securities' overall GF Score™ is 68/100 with 6 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 Tien Phong Securities (STC:ORS), the current Return-on-Tangible-Equity is 1.77% 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 Tien Phong Securities (STC:ORS) Overvalued in 2026?
Based on GuruFocus' analysis, Tien Phong Securities stock appears to be overvalued.
The current stock price of ₫14,400.00 is trading 393.7% above its estimated GF Value™ of ₫2,916.79.
GuruFocus considers Tien Phong Securities to be Significantly Overvalued.
Key valuation signals for STC:ORS:
Return-on-Tangible-Equity: 1.77% (83% below median its 10-year median of 10.62)
GF Value™: ₫2,916.79 vs. price of ₫14,400.00 (393.7% above fair value)
Industry Position: 73% below the Capital Markets median (#477 of 779)
No single metric tells the full story. See the STC:ORS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tien Phong Securities Corp is a Vietnam-based provider of investment services. It is engaged in the provision of financial advisory services, brokerage services, securities custodian services, securities trading, and underwriting for securities for individual and institutional clients. The Company is also involved in securities dealing.
68GF Score
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