Thu Dau Mot Water JSCSTC:TDM 68 Return-on-Tangible-Equity is 18.87% as of Mar. 2026, which is 46% above its 10-year median of 12.95. GuruFocus rates STC:TDM with a GF Score™ of 68/100 and a GF Value™ of ₫35,338.06 (Significantly Overvalued). The stock has 12 warning signs investors should review. Among 497 Utilities - Regulated companies, Thu Dau Mot Water JSC ranks worse than 67.4% 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. Thu Dau Mot Water JSC's annualized net income for the quarter that ended in Mar. 2026 was ₫489,083 Mil. Thu Dau Mot Water JSC's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₫2,591,952 Mil. Therefore, Thu Dau Mot Water JSC's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 18.87%.
The historical rank and industry rank for Thu Dau Mot Water JSC's Return-on-Tangible-Equity or its related term are showing as below:
STC:TDM'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 7.44 Med: 12.95 Max: 19.35
Current: 7.44
During the past 8 years, Thu Dau Mot Water JSC's highest Return-on-Tangible-Equity was 19.35%. The lowest was 7.44%. And the median was 12.95%.
STC:TDM's Return-on-Tangible-Equity is ranked worse than 67.4% of 497
companies
in the Utilities - Regulated industry
Industry Median: 10.92
vs STC:TDM: 7.44
Thu Dau Mot Water JSC (STC:TDM) 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.
Thu Dau Mot Water JSC Return-on-Tangible-Equity Related Terms
Thu Dau Mot Water JSC Return-on-Tangible-Equity Historical Data
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The historical data trend for Thu Dau Mot Water 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.
Thu Dau Mot Water JSC Return-on-Tangible-Equity Chart
STC:TDM vs AWK, WTRG, AWR: Return-on-Tangible-Equity Comparison
For the Utilities - Regulated Water subindustry, Thu Dau Mot Water 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.
Thu Dau Mot Water JSC Return-on-Tangible-Equity vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Thu Dau Mot Water JSC's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Thu Dau Mot Water JSC'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 18.87% mean?
Thu Dau Mot Water JSC (STC:TDM) has a Return-on-Tangible-Equity of 18.87% 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 Thu Dau Mot Water JSC and its competitors. This is 46% above median its historical median of 12.95. Over the past decade, Thu Dau Mot Water JSC's Return-on-Tangible-Equity has ranged from 7.44 to 19.35. According to the industry distribution chart, Thu Dau Mot Water JSC ranks #335 out of 497 companies in the Utilities - Regulated industry, placing it in the top 67.4%.
Is Thu Dau Mot Water JSC's Return-on-Tangible-Equity too high?
Thu Dau Mot Water JSC's current Return-on-Tangible-Equity of 18.87% is 46% above median its 10-year median of 12.95. Over the past 10 years, this metric has ranged from a low of 7.44 to a high of 19.35. The Utilities - Regulated industry median Return-on-Tangible-Equity is 10.92. Thu Dau Mot Water JSC's value of 18.87% is 72.8% above this industry median. Based on the distribution chart, Thu Dau Mot Water JSC ranks #335 out of 497 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Thu Dau Mot Water JSC has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Thu Dau Mot Water JSC's Return-on-Tangible-Equity compare to AWK and WTRG?
According to the Utilities - Regulated industry distribution chart, Thu Dau Mot Water JSC ranks #335 out of 497 companies for Return-on-Tangible-Equity. This places Thu Dau Mot Water JSC in the lower half of its industry. The industry median Return-on-Tangible-Equity is 10.92. Thu Dau Mot Water JSC's value of 18.87% is 72.8% above this benchmark. Historically, Thu Dau Mot Water JSC's own Return-on-Tangible-Equity has ranged from 7.44 to 19.35 over the past decade. While the company's 10-year median is 12.95 vs. the industry median of 10.92, Thu Dau Mot Water 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 an Utilities - Regulated company?
The median Return-on-Tangible-Equity among Utilities - Regulated companies is 10.92, based on 497 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. Thu Dau Mot Water JSC's current Return-on-Tangible-Equity of 18.87% is 72.8% 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 Thu Dau Mot Water JSC and its competitors. For the Utilities - Regulated industry, the median Return-on-Tangible-Equity is 10.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thu Dau Mot Water JSC's current Return-on-Tangible-Equity is 18.87%, which is 46% above median its own 10-year median of 12.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thu Dau Mot Water JSC stock overvalued right now?
Based on GuruFocus' analysis, Thu Dau Mot Water JSC (STC:TDM) is currently considered Significantly Overvalued. The stock's GF Value™ is ₫35,338.06, compared to a current price of ₫60,000.00 — trading 69.8% above its estimated fair value. The current Return-on-Tangible-Equity is 18.87%, which is 46% above median its 10-year median of 12.95 and 72.8% above the Utilities - Regulated industry median of 10.92. Thu Dau Mot Water JSC's overall GF Score™ is 68/100 with 12 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 Thu Dau Mot Water JSC (STC:TDM), the current Return-on-Tangible-Equity is 18.87% 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 Thu Dau Mot Water JSC (STC:TDM) Overvalued in 2026?
Based on GuruFocus' analysis, Thu Dau Mot Water JSC stock appears to be overvalued.
The current stock price of ₫60,000.00 is trading 69.8% above its estimated GF Value™ of ₫35,338.06.
GuruFocus considers Thu Dau Mot Water JSC to be Significantly Overvalued.
Key valuation signals for STC:TDM:
Return-on-Tangible-Equity: 18.87% (46% above median its 10-year median of 12.95)
GF Value™: ₫35,338.06 vs. price of ₫60,000.00 (69.8% above fair value)
Industry Position: 72.8% above the Utilities - Regulated median (#335 of 497)
No single metric tells the full story. See the STC:TDM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thu Dau Mot Water JSC is engaged in exploiting, treating, producing and supplying treated water. It also carries out drainage and wastewater treatment, construction of public works, various types of buildings, and other civil engineering works, architectural and engineering consulting services, and rental of machinery, equipment and other tangible goods. Its activities are carried out in territory of Binh Duong province.
68GF Score
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