Sai Gon Ground Services JSC (STC:SGN) Return-on-Tangible-Equity: 22.12% (As of Mar. 2026) — 16% Above Median

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STC:SGN Sai Gon Ground Services JSC STC:SGN
89 GF Score
Price ₫55,300.00
GF Value ₫74,491.56
Valuation Modestly Undervalued
! 1 Warning Sign
View Full Analysis

What is Sai Gon Ground Services JSC Return-on-Tangible-Equity?

Sai Gon Ground Services JSC STC:SGN -0.54% 89 Return-on-Tangible-Equity is 22.12% as of Mar. 2026, which is 16% above its 10-year median of 19.08. GuruFocus rates STC:SGN with a GF Score™ of 89/100 and a GF Value™ of ₫74,491.56 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 978 Transportation companies, Sai Gon Ground Services JSC ranks better than 75.15% 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. Sai Gon Ground Services JSC's annualized net income for the quarter that ended in Mar. 2026 was ₫258,281 Mil. Sai Gon Ground Services JSC's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₫1,167,509 Mil. Therefore, Sai Gon Ground Services JSC's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 22.12%.

The historical rank and industry rank for Sai Gon Ground Services JSC's Return-on-Tangible-Equity or its related term are showing as below:

STC:SGN' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 6.78   Med: 19.08   Max: 39.54
Current: 17.64

During the past 7 years, Sai Gon Ground Services JSC's highest Return-on-Tangible-Equity was 39.54%. The lowest was 6.78%. And the median was 19.08%.

STC:SGN's Return-on-Tangible-Equity is ranked better than
75.15% of 978 companies
in the Transportation industry
Industry Median: 8.985 vs STC:SGN: 17.64

Sai Gon Ground Services JSC  (STC:SGN) 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.


Sai Gon Ground Services JSC Return-on-Tangible-Equity Related Terms


Sai Gon Ground Services JSC Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Sai Gon Ground Services 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.

Sai Gon Ground Services JSC Return-on-Tangible-Equity Chart

Sai Gon Ground Services JSC Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial 6.78 17.77 26.52 25.14 19.08

Sai Gon Ground Services 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 26.24 19.89 13.85 15.28 22.12

STC:SGN vs JOBY, CAAP: Return-on-Tangible-Equity Comparison

For the Airports & Air Services subindustry, Sai Gon Ground Services 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.


Sai Gon Ground Services JSC Return-on-Tangible-Equity vs Transportation Industry

For the Transportation industry and Industrials sector, Sai Gon Ground Services JSC's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Sai Gon Ground Services JSC's Return-on-Tangible-Equity falls into.


STC:SGN
89GF Score
Sai Gon Ground Services JSC STC:SGN
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sai Gon Ground Services JSC Return-on-Tangible-Equity Calculation

Sai Gon Ground Services 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 )
=202666.681/( (1021832.072+1102058.011 )/ 2 )
=202666.681/1061945.0415
=19.08 %

Sai Gon Ground Services 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 )
=258281.076/( (1102058.011+1232960.947)/ 2 )
=258281.076/1167509.479
=22.12 %

* 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 22.12% mean?
Sai Gon Ground Services JSC (STC:SGN) has a Return-on-Tangible-Equity of 22.12% 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 Sai Gon Ground Services JSC and its competitors. This is 16% above median its historical median of 19.08. Over the past decade, Sai Gon Ground Services JSC's Return-on-Tangible-Equity has ranged from 6.78 to 39.54. According to the industry distribution chart, Sai Gon Ground Services JSC ranks #243 out of 978 companies in the Transportation industry, placing it in the top 24.8%.
Is Sai Gon Ground Services JSC's Return-on-Tangible-Equity too high?
Sai Gon Ground Services JSC's current Return-on-Tangible-Equity of 22.12% is 16% above median its 10-year median of 19.08. Over the past 10 years, this metric has ranged from a low of 6.78 to a high of 39.54. The Transportation industry median Return-on-Tangible-Equity is 8.99. Sai Gon Ground Services JSC's value of 22.12% is 146.2% above this industry median. Based on the distribution chart, Sai Gon Ground Services JSC ranks #243 out of 978 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Sai Gon Ground Services JSC has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sai Gon Ground Services JSC's Return-on-Tangible-Equity compare to JOBY and CAAP?
According to the Transportation industry distribution chart, Sai Gon Ground Services JSC ranks #243 out of 978 companies for Return-on-Tangible-Equity. This places Sai Gon Ground Services JSC in the top 25% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 8.99. Sai Gon Ground Services JSC's value of 22.12% is 146.2% above this benchmark. Historically, Sai Gon Ground Services JSC's own Return-on-Tangible-Equity has ranged from 6.78 to 39.54 over the past decade. While the company's 10-year median is 19.08 vs. the industry median of 8.99, Sai Gon Ground Services 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 Transportation company?
The median Return-on-Tangible-Equity among Transportation companies is 8.99, based on 978 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. Sai Gon Ground Services JSC's current Return-on-Tangible-Equity of 22.12% is 146.2% 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 Sai Gon Ground Services JSC and its competitors. For the Transportation industry, the median Return-on-Tangible-Equity is 8.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sai Gon Ground Services JSC's current Return-on-Tangible-Equity is 22.12%, which is 16% above median its own 10-year median of 19.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sai Gon Ground Services JSC stock overvalued right now?
Based on GuruFocus' analysis, Sai Gon Ground Services JSC (STC:SGN) is currently considered Modestly Undervalued. The stock's GF Value™ is ₫74,491.56, compared to a current price of ₫55,300.00 — trading 25.8% below its estimated fair value. The current Return-on-Tangible-Equity is 22.12%, which is 16% above median its 10-year median of 19.08 and 146.2% above the Transportation industry median of 8.99. Sai Gon Ground Services JSC's overall GF Score™ is 89/100 with 1 warning sign 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 Sai Gon Ground Services JSC (STC:SGN), the current Return-on-Tangible-Equity is 22.12% 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 Sai Gon Ground Services JSC (STC:SGN) Overvalued in 2026?

Based on GuruFocus' analysis, Sai Gon Ground Services JSC stock appears to be undervalued. The current stock price of ₫55,300.00 is trading 25.8% below its estimated GF Value™ of ₫74,491.56. GuruFocus considers Sai Gon Ground Services JSC to be Modestly Undervalued.

Key valuation signals for STC:SGN:

  • Return-on-Tangible-Equity: 22.12% (16% above median its 10-year median of 19.08)
  • GF Value™: ₫74,491.56 vs. price of ₫55,300.00 (25.8% below fair value)
  • GF Score™: 89/100 with 1 warning sign
  • Industry Position: 146.2% above the Transportation median (#243 of 978)

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


Sai Gon Ground Services JSC Business Description

Address 58 Truong Son, Ward 02, Tan Binh District, Ho Chi Minh, VNM
Sai Gon Ground Services JSC is engaged in providing various ground services to airlines in Vietnam. The services offered by the company include passenger, ramp, baggage, aircraft appearance, load control and flight, cargo, charter and VIP handling, training, aviation IT support, line maintenance, workshop services for ground, support equipment, and other support services. It offers services at Tan Son Nhat International Airport, Da Nang International Airport, and Cam Ranh International Airport.
89GF Score

Get the complete analysis for STC:SGN

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

₫55,300.00
Price
₫74,491.56
GF Value