Thac Mo Hydro Power JSCSTC:TMP +1.06%83 Return-on-Tangible-Equity is 15.40% as of Mar. 2026, which is 41% below its 10-year median of 26.21. GuruFocus rates STC:TMP with a GF Score™ of 83/100 and a GF Value™ of ₫60,278.83 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 426 Utilities - Independent Power Producers companies, Thac Mo Hydro Power JSC ranks better than 84.04% 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. Thac Mo Hydro Power JSC's annualized net income for the quarter that ended in Mar. 2026 was ₫257,829 Mil. Thac Mo Hydro Power JSC's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₫1,674,442 Mil. Therefore, Thac Mo Hydro Power JSC's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 15.40%.
The historical rank and industry rank for Thac Mo Hydro Power JSC's Return-on-Tangible-Equity or its related term are showing as below:
STC:TMP'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 10.61 Med: 26.21 Max: 44.66
Current: 20.23
During the past 13 years, Thac Mo Hydro Power JSC's highest Return-on-Tangible-Equity was 44.66%. The lowest was 10.61%. And the median was 26.21%.
STC:TMP's Return-on-Tangible-Equity is ranked better than 84.04% of 426
companies
in the Utilities - Independent Power Producers industry
Industry Median: 4.69
vs STC:TMP: 20.23
Thac Mo Hydro Power JSC (STC:TMP) 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.
Thac Mo Hydro Power JSC Return-on-Tangible-Equity Related Terms
Thac Mo Hydro Power JSC Return-on-Tangible-Equity Historical Data
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The historical data trend for Thac Mo Hydro Power 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.
Thac Mo Hydro Power JSC Return-on-Tangible-Equity Chart
STC:TMP vs CEG, VST, NRG: Return-on-Tangible-Equity Comparison
For the Utilities - Independent Power Producers subindustry, Thac Mo Hydro Power 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.
Thac Mo Hydro Power JSC Return-on-Tangible-Equity vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Thac Mo Hydro Power JSC's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Thac Mo Hydro Power 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 15.40% mean?
Thac Mo Hydro Power JSC (STC:TMP) has a Return-on-Tangible-Equity of 15.40% 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 Thac Mo Hydro Power JSC and its competitors. This is 41% below median its historical median of 26.21. Over the past decade, Thac Mo Hydro Power JSC's Return-on-Tangible-Equity has ranged from 10.61 to 44.66. According to the industry distribution chart, Thac Mo Hydro Power JSC ranks #68 out of 426 companies in the Utilities - Independent Power Producers industry, placing it in the top 16%.
Is Thac Mo Hydro Power JSC's Return-on-Tangible-Equity too high?
Thac Mo Hydro Power JSC's current Return-on-Tangible-Equity of 15.40% is 41% below median its 10-year median of 26.21. Over the past 10 years, this metric has ranged from a low of 10.61 to a high of 44.66. The Utilities - Independent Power Producers industry median Return-on-Tangible-Equity is 4.69. Thac Mo Hydro Power JSC's value of 15.40% is 228.4% above this industry median. Based on the distribution chart, Thac Mo Hydro Power JSC ranks #68 out of 426 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, Thac Mo Hydro Power JSC has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Thac Mo Hydro Power JSC's Return-on-Tangible-Equity compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Thac Mo Hydro Power JSC ranks #68 out of 426 companies for Return-on-Tangible-Equity. This places Thac Mo Hydro Power JSC in the top 16% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 4.69. Thac Mo Hydro Power JSC's value of 15.40% is 228.4% above this benchmark. Historically, Thac Mo Hydro Power JSC's own Return-on-Tangible-Equity has ranged from 10.61 to 44.66 over the past decade. While the company's 10-year median is 26.21 vs. the industry median of 4.69, Thac Mo Hydro Power 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 - Independent Power Producers company?
The median Return-on-Tangible-Equity among Utilities - Independent Power Producers companies is 4.69, based on 426 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. Thac Mo Hydro Power JSC's current Return-on-Tangible-Equity of 15.40% is 228.4% 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 Thac Mo Hydro Power JSC and its competitors. For the Utilities - Independent Power Producers industry, the median Return-on-Tangible-Equity is 4.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thac Mo Hydro Power JSC's current Return-on-Tangible-Equity is 15.40%, which is 41% below median its own 10-year median of 26.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thac Mo Hydro Power JSC stock overvalued right now?
Based on GuruFocus' analysis, Thac Mo Hydro Power JSC (STC:TMP) is currently considered Modestly Undervalued. The stock's GF Value™ is ₫60,278.83, compared to a current price of ₫47,500.00 — trading 21.2% below its estimated fair value. The current Return-on-Tangible-Equity is 15.40%, which is 41% below median its 10-year median of 26.21 and 228.4% above the Utilities - Independent Power Producers industry median of 4.69. Thac Mo Hydro Power JSC's overall GF Score™ is 83/100 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 Thac Mo Hydro Power JSC (STC:TMP), the current Return-on-Tangible-Equity is 15.40% 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 Thac Mo Hydro Power JSC (STC:TMP) Overvalued in 2026?
Based on GuruFocus' analysis, Thac Mo Hydro Power JSC stock appears to be undervalued.
The current stock price of ₫47,500.00 is trading 21.2% below its estimated GF Value™ of ₫60,278.83.
GuruFocus considers Thac Mo Hydro Power JSC to be Modestly Undervalued.
Key valuation signals for STC:TMP:
Return-on-Tangible-Equity: 15.40% (41% below median its 10-year median of 26.21)
GF Value™: ₫60,278.83 vs. price of ₫47,500.00 (21.2% below fair value)
Industry Position: 228.4% above the Utilities - Independent Power Producers median (#68 of 426)
No single metric tells the full story. See the STC:TMP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thac Mo Hydro Power JSC is a Vietnam based company engaged in the business activity of generating and trading electricity. It also trades hydroelectrical equipment and maintains and operates a power plant. The other activities in which the organization is involved are investing in power source projects and Consulting on the establishment, management and supervision of construction projects.
83GF Score
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