Saigon - Hanoi Securities JSC (HSTC:SHS) ROA %: 4.09% (As of Mar. 2026) — 46% Below Median


HSTC:SHS Saigon - Hanoi Securities JSC HSTC:SHS
77 GF Score
Price ₫18,800.00
GF Value ₫23,770.42
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Saigon - Hanoi Securities JSC ROA %?

Saigon - Hanoi Securities JSC HSTC:SHS 77 ROA % is 4.09% as of Mar. 2026, which is 46% below its 10-year median of 7.60. GuruFocus rates HSTC:SHS with a GF Score™ of 77/100 and a GF Value™ of ₫23,770.42 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 1,632 Asset Management companies, Saigon - Hanoi Securities JSC ranks better than 62.13% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Saigon - Hanoi Securities JSC's annualized Net Income for the quarter that ended in Mar. 2026 was ₫927,297 Mil. Saigon - Hanoi Securities JSC's average Total Assets over the quarter that ended in Mar. 2026 was ₫22,699,659 Mil. Therefore, Saigon - Hanoi Securities JSC's annualized ROA % for the quarter that ended in Mar. 2026 was 4.09%.

The historical rank and industry rank for Saigon - Hanoi Securities JSC's ROA % or its related term are showing as below:

HSTC:SHS' s ROA % Range Over the Past 10 Years
Min: 1.49   Med: 7.6   Max: 15.65
Current: 6.69

During the past 13 years, Saigon - Hanoi Securities JSC's highest ROA % was 15.65%. The lowest was 1.49%. And the median was 7.60%.

HSTC:SHS's ROA % is ranked better than
62.13% of 1632 companies
in the Asset Management industry
Industry Median: 4 vs HSTC:SHS: 6.69

Saigon - Hanoi Securities JSC  (HSTC:SHS) ROA % Explanation

ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A bank’s ROA % is typically well under 2%.

Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=927296.656/22699659.1325
=(Net Income / Revenue)*(Revenue / Total Assets)
=(927296.656 / 969063.48)*(969063.48 / 22699659.1325)
=Net Margin %*Asset Turnover
=95.69 %*0.0427
=4.09 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue 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.


Be Aware

Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.

E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.


Saigon - Hanoi Securities JSC ROA % Related Terms


Saigon - Hanoi Securities JSC ROA % Historical Data

* Premium members only.

The historical data trend for Saigon - Hanoi Securities JSC's ROA % 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.

Saigon - Hanoi Securities JSC ROA % Chart

Saigon - Hanoi Securities JSC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.65 1.49 5.00 7.97 7.25

Saigon - Hanoi Securities JSC Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROA % 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 7.18 9.40 10.17 4.09 4.09

HSTC:SHS vs BLK, BX, KKR: ROA % Comparison

For the Asset Management subindustry, Saigon - Hanoi Securities JSC's ROA %, along with its competitors' market caps and ROA % 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.


Saigon - Hanoi Securities JSC ROA % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Saigon - Hanoi Securities JSC's ROA % distribution charts can be found below:

* The bar in red indicates where Saigon - Hanoi Securities JSC's ROA % falls into.


HSTC:SHS
77GF Score
Saigon - Hanoi Securities JSC HSTC:SHS
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Saigon - Hanoi Securities JSC ROA % Calculation

Saigon - Hanoi Securities JSC's annualized ROA % for the fiscal year that ended in Dec. 2025 is calculated as:

ROA %=Net Income (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=1343177.484/( (14027689.765+23031886.182)/ 2 )
=1343177.484/18529787.9735
=7.25 %

Saigon - Hanoi Securities JSC's annualized ROA % for the quarter that ended in Mar. 2026 is calculated as:

ROA %=Net Income (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=927296.656/( (23031886.182+22367432.083)/ 2 )
=927296.656/22699659.1325
=4.09 %

* 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 ROA %, the net income of the last fiscal year and the average total assets 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. ROA % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of 4.09% mean?
Saigon - Hanoi Securities JSC (HSTC:SHS) has a ROA % of 4.09% as of Mar. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Saigon - Hanoi Securities JSC and its competitors. This is 46% below median its historical median of 7.60. Over the past decade, Saigon - Hanoi Securities JSC's ROA % has ranged from 1.49 to 15.65. According to the industry distribution chart, Saigon - Hanoi Securities JSC ranks #618 out of 1632 companies in the Asset Management industry, placing it in the top 37.9%.
Is Saigon - Hanoi Securities JSC's ROA % too high?
Saigon - Hanoi Securities JSC's current ROA % of 4.09% is 46% below median its 10-year median of 7.60. Over the past 10 years, this metric has ranged from a low of 1.49 to a high of 15.65. The Asset Management industry median ROA % is 4.00. Saigon - Hanoi Securities JSC's value of 4.09% is 2.3% above this industry median. Based on the distribution chart, Saigon - Hanoi Securities JSC ranks #618 out of 1632 companies in the Asset Management industry, which is above the industry midpoint. Overall, Saigon - Hanoi Securities JSC has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Saigon - Hanoi Securities JSC's ROA % compare to BLK and BX?
According to the Asset Management industry distribution chart, Saigon - Hanoi Securities JSC ranks #618 out of 1632 companies for ROA %. This puts Saigon - Hanoi Securities JSC in the upper half of its industry. The industry median ROA % is 4.00. Saigon - Hanoi Securities JSC's value of 4.09% is 2.3% above this benchmark. Historically, Saigon - Hanoi Securities JSC's own ROA % has ranged from 1.49 to 15.65 over the past decade. While the company's 10-year median is 7.60 vs. the industry median of 4.00, Saigon - Hanoi Securities 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 ROA % for an Asset Management company?
The median ROA % among Asset Management companies is 4.00, based on 1,632 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Saigon - Hanoi Securities JSC's current ROA % of 4.09% is 2.3% 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 ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Saigon - Hanoi Securities JSC and its competitors. For the Asset Management industry, the median ROA % is 4.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Saigon - Hanoi Securities JSC's current ROA % is 4.09%, which is 46% below median its own 10-year median of 7.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Saigon - Hanoi Securities JSC stock overvalued right now?
Based on GuruFocus' analysis, Saigon - Hanoi Securities JSC (HSTC:SHS) is currently considered Modestly Undervalued. The stock's GF Value™ is ₫23,770.42, compared to a current price of ₫18,800.00 — trading 20.9% below its estimated fair value. The current ROA % is 4.09%, which is 46% below median its 10-year median of 7.60 and 2.3% above the Asset Management industry median of 4.00. Saigon - Hanoi Securities JSC's overall GF Score™ is 77/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For Saigon - Hanoi Securities JSC (HSTC:SHS), the current ROA % is 4.09% 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 Saigon - Hanoi Securities JSC (HSTC:SHS) Overvalued in 2026?

Based on GuruFocus' analysis, Saigon - Hanoi Securities JSC stock appears to be undervalued. The current stock price of ₫18,800.00 is trading 20.9% below its estimated GF Value™ of ₫23,770.42. GuruFocus considers Saigon - Hanoi Securities JSC to be Modestly Undervalued.

Key valuation signals for HSTC:SHS:

  • ROA %: 4.09% (46% below median its 10-year median of 7.60)
  • GF Value™: ₫23,770.42 vs. price of ₫18,800.00 (20.9% below fair value)
  • GF Score™: 77/100 with 7 warning signs
  • Industry Position: 2.3% above the Asset Management median (#618 of 1632)

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


Saigon - Hanoi Securities JSC Business Description

Address Dao Duy Anh Building, 1st Floor, Dong Da, Hanoi, VNM
Saigon - Hanoi Securities JSC is engaged in the trading of securities and the offering of investment services.
77GF Score

Get the complete analysis for HSTC:SHS

ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₫18,800.00
Price
₫23,770.42
GF Value