Viet Nam Power Development JSCSTC:VPD 85 Return-on-Tangible-Equity is 7.50% as of Mar. 2026, which is 43% below its 10-year median of 13.19. GuruFocus rates STC:VPD with a GF Score™ of 85/100 and a GF Value™ of ₫30,802.78 (Modestly Undervalued). Among 499 Utilities - Regulated companies, Viet Nam Power Development JSC ranks better than 72.55% 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. Viet Nam Power Development JSC's annualized net income for the quarter that ended in Mar. 2026 was ₫122,389 Mil. Viet Nam Power Development JSC's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₫1,632,379 Mil. Therefore, Viet Nam Power Development JSC's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 7.50%.
The historical rank and industry rank for Viet Nam Power Development JSC's Return-on-Tangible-Equity or its related term are showing as below:
STC:VPD'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 6.43 Med: 13.19 Max: 19.69
Current: 18.74
During the past 8 years, Viet Nam Power Development JSC's highest Return-on-Tangible-Equity was 19.69%. The lowest was 6.43%. And the median was 13.19%.
STC:VPD's Return-on-Tangible-Equity is ranked better than 72.55% of 499
companies
in the Utilities - Regulated industry
Industry Median: 10.9
vs STC:VPD: 18.74
Viet Nam Power Development JSC (STC:VPD) 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.
Viet Nam Power Development JSC Return-on-Tangible-Equity Related Terms
Viet Nam Power Development JSC Return-on-Tangible-Equity Historical Data
* 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.
Viet Nam Power Development JSC Return-on-Tangible-Equity Chart
STC:VPD vs NEE, SO, DUK: Return-on-Tangible-Equity Comparison
For the Utilities - Regulated Electric subindustry, Viet Nam Power Development 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.
Viet Nam Power Development JSC Return-on-Tangible-Equity vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Viet Nam Power Development JSC's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Viet Nam Power Development 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 7.50% mean?
Viet Nam Power Development JSC (STC:VPD) has a Return-on-Tangible-Equity of 7.50% 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 Viet Nam Power Development JSC and its competitors. This is 43% below median its historical median of 13.19. Over the past decade, Viet Nam Power Development JSC's Return-on-Tangible-Equity has ranged from 6.43 to 19.69. According to the industry distribution chart, Viet Nam Power Development JSC ranks #137 out of 499 companies in the Utilities - Regulated industry, placing it in the top 27.5%.
Is Viet Nam Power Development JSC's Return-on-Tangible-Equity too high?
Viet Nam Power Development JSC's current Return-on-Tangible-Equity of 7.50% is 43% below median its 10-year median of 13.19. Over the past 10 years, this metric has ranged from a low of 6.43 to a high of 19.69. The Utilities - Regulated industry median Return-on-Tangible-Equity is 10.90. Viet Nam Power Development JSC's value of 7.50% is 31.2% below this industry median. Based on the distribution chart, Viet Nam Power Development JSC ranks #137 out of 499 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Viet Nam Power Development JSC has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Viet Nam Power Development JSC's Return-on-Tangible-Equity compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Viet Nam Power Development JSC ranks #137 out of 499 companies for Return-on-Tangible-Equity. This puts Viet Nam Power Development JSC in the upper half of its industry. The industry median Return-on-Tangible-Equity is 10.90. Viet Nam Power Development JSC's value of 7.50% is 31.2% below this benchmark. Historically, Viet Nam Power Development JSC's own Return-on-Tangible-Equity has ranged from 6.43 to 19.69 over the past decade. While the company's 10-year median is 13.19 vs. the industry median of 10.90, Viet Nam Power Development JSC 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 an Utilities - Regulated company?
The median Return-on-Tangible-Equity among Utilities - Regulated companies is 10.90, based on 499 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. Viet Nam Power Development JSC's current Return-on-Tangible-Equity of 7.50% is 31.2% 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 Viet Nam Power Development JSC and its competitors. For the Utilities - Regulated industry, the median Return-on-Tangible-Equity is 10.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Viet Nam Power Development JSC's current Return-on-Tangible-Equity is 7.50%, which is 43% below median its own 10-year median of 13.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Viet Nam Power Development JSC stock overvalued right now?
Based on GuruFocus' analysis, Viet Nam Power Development JSC (STC:VPD) is currently considered Modestly Undervalued. The stock's GF Value™ is ₫30,802.78, compared to a current price of ₫22,000.00 — trading 28.6% below its estimated fair value. The current Return-on-Tangible-Equity is 7.50%, which is 43% below median its 10-year median of 13.19 and 31.2% below the Utilities - Regulated industry median of 10.90. Viet Nam Power Development JSC's overall GF Score™ is 85/100. 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 Viet Nam Power Development JSC (STC:VPD), the current Return-on-Tangible-Equity is 7.50% 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 Viet Nam Power Development JSC (STC:VPD) Overvalued in 2026?
Based on GuruFocus' analysis, Viet Nam Power Development JSC stock appears to be undervalued.
The current stock price of ₫22,000.00 is trading 28.6% below its estimated GF Value™ of ₫30,802.78.
GuruFocus considers Viet Nam Power Development JSC to be Modestly Undervalued.
Key valuation signals for STC:VPD:
Return-on-Tangible-Equity: 7.50% (43% below median its 10-year median of 13.19)
GF Value™: ₫30,802.78 vs. price of ₫22,000.00 (28.6% below fair value)
Industry Position: 31.2% below the Utilities - Regulated median (#137 of 499)
No single metric tells the full story. See the STC:VPD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Viet Nam Power Development JSC Business Description
Viet Nam Power Development JSC is engaged in the production and distribution of electricity in Vietnam. In addition, all of the Company's operations are conducted within the territory of Vietnam.
85GF Score
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