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Song Ba Ha Hydro Power JSCHSTC:SBH -1.53%40 ROE % is 3.92% as of Jun. 2026, which is 83% below its 10-year median of 23.07. GuruFocus rates HSTC:SBH with a GF Score™ of 40/100. The stock has 1 warning sign investors should review. Among 436 Utilities - Independent Power Producers companies, Song Ba Ha Hydro Power JSC ranks worse than 229357.57% on this metric.
Song Ba Ha Hydro Power JSC (HSTC:SBH) 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:
Note:
The net income data used here is four times the quarterly (Jun. 2026) net income data. The Revenue data used here is four times the quarterly (Jun. 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.
* 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.
Song Ba Ha Hydro Power JSC ROE % Competitor Comparison
For the Utilities - Renewable subindustry, Song Ba Ha Hydro Power 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.
Song Ba Ha Hydro Power JSC ROE % vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Song Ba Ha Hydro Power JSC's ROE % distribution charts can be found below:
* The bar in red indicates where Song Ba Ha Hydro Power JSC's ROE % 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 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 (Jun. 2026) net income data.
ROE % is displayed in the 30-year financial page.
Song Ba Ha Hydro Power JSC (HSTC:SBH) has a ROE % of 3.92% as of Jun. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Song Ba Ha Hydro Power JSC and its competitors. This is 83% below median its historical median of 23.07. Over the past decade, Song Ba Ha Hydro Power JSC's ROE % has ranged from 14.55 to 30.48. According to the industry distribution chart, Song Ba Ha Hydro Power JSC ranks #999999 out of 436 companies in the Utilities - Independent Power Producers industry.
Is Song Ba Ha Hydro Power JSC's ROE % too high?
Song Ba Ha Hydro Power JSC's current ROE % of 3.92% is 83% below median its 10-year median of 23.07. Over the past 10 years, this metric has ranged from a low of 14.55 to a high of 30.48. The Utilities - Independent Power Producers industry median ROE % is 3.85. Song Ba Ha Hydro Power JSC's value of 3.92% is 1.8% above this industry median. Based on the distribution chart, Song Ba Ha Hydro Power JSC ranks #999999 out of 436 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, Song Ba Ha Hydro Power JSC has a GF Score™ of 40/100, reflecting its overall financial health beyond just this single metric.
How does Song Ba Ha Hydro Power JSC's ROE % compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Song Ba Ha Hydro Power JSC ranks #999999 out of 436 companies for ROE %. This places Song Ba Ha Hydro Power JSC in the lower half of its industry. The industry median ROE % is 3.85. Song Ba Ha Hydro Power JSC's value of 3.92% is 1.8% above this benchmark. Historically, Song Ba Ha Hydro Power JSC's own ROE % has ranged from 14.55 to 30.48 over the past decade. While the company's 10-year median is 23.07 vs. the industry median of 3.85, Song Ba Ha 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 ROE % for an Utilities - Independent Power Producers company?
The median ROE % among Utilities - Independent Power Producers companies is 3.85, based on 436 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. Song Ba Ha Hydro Power JSC's current ROE % of 3.92% is 1.8% 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 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 Song Ba Ha Hydro Power JSC and its competitors. For the Utilities - Independent Power Producers industry, the median ROE % is 3.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Song Ba Ha Hydro Power JSC's current ROE % is 3.92%, which is 83% below median its own 10-year median of 23.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Song Ba Ha Hydro Power JSC stock overvalued right now?
Song Ba Ha Hydro Power JSC (HSTC:SBH) has a current ROE % of 3.92%. The current ROE % is 3.92%, which is 83% below median its 10-year median of 23.07 and 1.8% above the Utilities - Independent Power Producers industry median of 3.85. Song Ba Ha Hydro Power JSC's overall GF Score™ is 40/100 with 1 warning sign 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 Song Ba Ha Hydro Power JSC (HSTC:SBH), the current ROE % is 3.92% as of Jun. 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.
Song Ba Ha Hydro Power JSC is a Vietnam-based company mainly focused on electricity production and trading. It operates the Song Ba Ha Hydropower Plant with a design capacity of 220 MW and an average annual electricity output of approximately 601.7 million kWh, located on the Ba River, within the administrative boundaries of Song Hinh district (Phu Yen province) and Krong Ba district (Gia Lai province). Additionally, the company focuses on investment and management of power generation projects, and provides services for the operation, repair, and maintenance of power infrastructure.
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