IDICO JSC (HSTC:IDC) ROE %: 16.42% (As of Mar. 2026) — 20% Below Median


HSTC:IDC IDICO Corp JSC HSTC:IDC
96 GF Score
Price ₫40,800.00
GF Value ₫45,165.01
Valuation Modestly Undervalued
! 3 Warning Signs
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What is IDICO JSC ROE %?

IDICO JSC HSTC:IDC 96 ROE % is 16.42% as of Mar. 2026, which is 20% below its 10-year median of 20.60. GuruFocus rates HSTC:IDC with a GF Score™ of 96/100 and a GF Value™ of ₫45,165.01 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,743 Construction companies, IDICO JSC ranks better than 92.03% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. IDICO JSC's annualized net income for the quarter that ended in Mar. 2026 was ₫1,082,384 Mil. IDICO JSC's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₫6,592,922 Mil. Therefore, IDICO JSC's annualized ROE % for the quarter that ended in Mar. 2026 was 16.42%.

The historical rank and industry rank for IDICO JSC's ROE % or its related term are showing as below:

HSTC:IDC' s ROE % Range Over the Past 10 Years
Min: 6.7   Med: 20.6   Max: 40.97
Current: 30.01

During the past 8 years, IDICO JSC's highest ROE % was 40.97%. The lowest was 6.70%. And the median was 20.60%.

HSTC:IDC's ROE % is ranked better than
92.03% of 1743 companies
in the Construction industry
Industry Median: 6.69 vs HSTC:IDC: 30.01

IDICO JSC  (HSTC:IDC) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=1082383.672/6592922.122
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1082383.672 / 5942098.56)*(5942098.56 / 23370496.655)*(23370496.655 / 6592922.122)
=Net Margin %*Asset Turnover*Equity Multiplier
=18.22 %*0.2543*3.5448
=ROA %*Equity Multiplier
=4.63 %*3.5448
=16.42 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=1082383.672/6592922.122
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (1082383.672 / 1681188.508) * (1681188.508 / 1265513.604) * (1265513.604 / 5942098.56) * (5942098.56 / 23370496.655) * (23370496.655 / 6592922.122)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.6438 * 1.3285 * 21.3 % * 0.2543 * 3.5448
=16.42 %

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. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % 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 ROE %s can be extremely high.


IDICO JSC ROE % Related Terms


IDICO JSC ROE % Historical Data

* Premium members only.

The historical data trend for IDICO JSC's ROE % 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.

IDICO JSC ROE % Chart

IDICO JSC Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial 13.09 40.97 28.10 37.70 32.00

IDICO JSC Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % 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 24.79 21.24 54.66 27.55 16.42

HSTC:IDC vs PWR, FIX, EME: ROE % Comparison

For the Engineering & Construction subindustry, IDICO JSC's ROE %, along with its competitors' market caps and ROE % 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.


IDICO JSC ROE % vs Construction Industry

For the Construction industry and Industrials sector, IDICO JSC's ROE % distribution charts can be found below:

* The bar in red indicates where IDICO JSC's ROE % falls into.


HSTC:IDC
96GF Score
IDICO Corp JSC HSTC:IDC
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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IDICO JSC ROE % Calculation

IDICO JSC's annualized ROE % for the fiscal year that ended in Dec. 2025 is calculated as

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=1931791.46/( (5615825.93+6459374.163)/ 2 )
=1931791.46/6037600.0465
=32.00 %

IDICO JSC's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=1082383.672/( (6459374.163+6726470.081)/ 2 )
=1082383.672/6592922.122
=16.42 %

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

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 16.42% mean?
IDICO JSC (HSTC:IDC) has a ROE % of 16.42% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on IDICO JSC and its competitors. This is 20% below median its historical median of 20.60. Over the past decade, IDICO JSC's ROE % has ranged from 6.70 to 40.97. According to the industry distribution chart, IDICO JSC ranks #139 out of 1743 companies in the Construction industry, placing it in the top 8%.
Is IDICO JSC's ROE % too high?
IDICO JSC's current ROE % of 16.42% is 20% below median its 10-year median of 20.60. Over the past 10 years, this metric has ranged from a low of 6.70 to a high of 40.97. The Construction industry median ROE % is 6.69. IDICO JSC's value of 16.42% is 145.4% above this industry median. Based on the distribution chart, IDICO JSC ranks #139 out of 1743 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, IDICO JSC has a GF Score™ of 96/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does IDICO JSC's ROE % compare to PWR and FIX?
According to the Construction industry distribution chart, IDICO JSC ranks #139 out of 1743 companies for ROE %. This places IDICO JSC in the top 8% of its industry — outperforming the majority of peers. The industry median ROE % is 6.69. IDICO JSC's value of 16.42% is 145.4% above this benchmark. Historically, IDICO JSC's own ROE % has ranged from 6.70 to 40.97 over the past decade. While the company's 10-year median is 20.60 vs. the industry median of 6.69, IDICO 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 ROE % for a Construction company?
The median ROE % among Construction companies is 6.69, based on 1,743 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. IDICO JSC's current ROE % of 16.42% is 145.4% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on IDICO JSC and its competitors. For the Construction industry, the median ROE % is 6.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IDICO JSC's current ROE % is 16.42%, which is 20% below median its own 10-year median of 20.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IDICO JSC stock overvalued right now?
Based on GuruFocus' analysis, IDICO JSC (HSTC:IDC) is currently considered Modestly Undervalued. The stock's GF Value™ is ₫45,165.01, compared to a current price of ₫40,800.00 — trading 9.7% below its estimated fair value. The current ROE % is 16.42%, which is 20% below median its 10-year median of 20.60 and 145.4% above the Construction industry median of 6.69. IDICO JSC's overall GF Score™ is 96/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For IDICO JSC (HSTC:IDC), the current ROE % is 16.42% 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 IDICO JSC (HSTC:IDC) Overvalued in 2026?

Based on GuruFocus' analysis, IDICO JSC stock appears to be undervalued. The current stock price of ₫40,800.00 is trading 9.7% below its estimated GF Value™ of ₫45,165.01. GuruFocus considers IDICO JSC to be Modestly Undervalued.

Key valuation signals for HSTC:IDC:

  • ROE %: 16.42% (20% below median its 10-year median of 20.60)
  • GF Value™: ₫45,165.01 vs. price of ₫40,800.00 (9.7% below fair value)
  • GF Score™: 96/100 with 3 warning signs
  • Industry Position: 145.4% above the Construction median (#139 of 1743)

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


IDICO JSC Business Description

Address 151A Nguyen Dinh Chieu Street, Xuan Hoa Ward, District 3, Ho Chi Minh City, VNM
IDICO Corp JSC is engaged in the development and operation of industrial parks and related infrastructure in Vietnam. The company's reportable segments include Industrial Park Business, Electricity, Construction, Road Toll Collection, Real Estate, and Others. Its activities include developing industrial and residential parks, infrastructure, electricity projects, and providing related services. It generates the majority of its revenue from the Electricity business.
96GF Score

Get the complete analysis for HSTC:IDC

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

₫40,800.00
Price
₫45,165.01
GF Value