Song Hong Garment JSC (STC:MSH) ROE %: 16.68% (As of Mar. 2026) — 41% Below Median


STC:MSH Song Hong Garment JSC STC:MSH
79 GF Score
Price ₫34,100.00
GF Value ₫34,378.87
Valuation Fairly Valued
! 4 Warning Signs
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What is Song Hong Garment JSC ROE %?

Song Hong Garment JSC STC:MSH +0.59% 79 ROE % is 16.68% as of Mar. 2026, which is 41% below its 10-year median of 28.22. GuruFocus rates STC:MSH with a GF Score™ of 79/100 and a GF Value™ of ₫34,378.87 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,025 Manufacturing - Apparel & Accessories companies, Song Hong Garment JSC ranks better than 95.61% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Song Hong Garment JSC's annualized net income for the quarter that ended in Mar. 2026 was ₫326,638 Mil. Song Hong Garment JSC's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₫1,958,485 Mil. Therefore, Song Hong Garment JSC's annualized ROE % for the quarter that ended in Mar. 2026 was 16.68%.

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

STC:MSH' s ROE % Range Over the Past 10 Years
Min: 15.02   Med: 28.22   Max: 42.93
Current: 33.37

During the past 8 years, Song Hong Garment JSC's highest ROE % was 42.93%. The lowest was 15.02%. And the median was 28.22%.

STC:MSH's ROE % is ranked better than
95.61% of 1025 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.13 vs STC:MSH: 33.37

Song Hong Garment JSC  (STC:MSH) 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
=326637.832/1958485.3375
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(326637.832 / 4164905.276)*(4164905.276 / 4498479.0725)*(4498479.0725 / 1958485.3375)
=Net Margin %*Asset Turnover*Equity Multiplier
=7.84 %*0.9258*2.2969
=ROA %*Equity Multiplier
=7.26 %*2.2969
=16.68 %

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
=326637.832/1958485.3375
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (326637.832 / 413114.308) * (413114.308 / 401456.284) * (401456.284 / 4164905.276) * (4164905.276 / 4498479.0725) * (4498479.0725 / 1958485.3375)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7907 * 1.029 * 9.64 % * 0.9258 * 2.2969
=16.68 %

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.


Song Hong Garment JSC ROE % Related Terms


Song Hong Garment JSC ROE % Historical Data

* Premium members only.

The historical data trend for Song Hong Garment 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.

Song Hong Garment JSC ROE % Chart

Song Hong Garment JSC Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial 31.70 24.73 15.02 23.97 33.06

Song Hong Garment 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 18.37 37.17 38.49 39.64 16.68

STC:MSH vs RL, LEVI, VFC: ROE % Comparison

For the Apparel Manufacturing subindustry, Song Hong Garment 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 Hong Garment JSC ROE % vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Song Hong Garment JSC's ROE % distribution charts can be found below:

* The bar in red indicates where Song Hong Garment JSC's ROE % falls into.


STC:MSH
79GF Score
Song Hong Garment JSC STC:MSH
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Song Hong Garment JSC ROE % Calculation

Song Hong Garment 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 )
=613919.711/( (1796053.912+1918091.658)/ 2 )
=613919.711/1857072.785
=33.06 %

Song Hong Garment 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 )
=326637.832/( (1918091.658+1998879.017)/ 2 )
=326637.832/1958485.3375
=16.68 %

* 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 16.68% mean?
Song Hong Garment JSC (STC:MSH) has a ROE % of 16.68% 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 Song Hong Garment JSC and its competitors. This is 41% below median its historical median of 28.22. Over the past decade, Song Hong Garment JSC's ROE % has ranged from 15.02 to 42.93. According to the industry distribution chart, Song Hong Garment JSC ranks #45 out of 1025 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 4.4%.
Is Song Hong Garment JSC's ROE % too high?
Song Hong Garment JSC's current ROE % of 16.68% is 41% below median its 10-year median of 28.22. Over the past 10 years, this metric has ranged from a low of 15.02 to a high of 42.93. The Manufacturing - Apparel & Accessories industry median ROE % is 4.13. Song Hong Garment JSC's value of 16.68% is 303.9% above this industry median. Based on the distribution chart, Song Hong Garment JSC ranks #45 out of 1025 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Song Hong Garment JSC has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Song Hong Garment JSC's ROE % compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Song Hong Garment JSC ranks #45 out of 1025 companies for ROE %. This places Song Hong Garment JSC in the top 4% of its industry — outperforming the majority of peers. The industry median ROE % is 4.13. Song Hong Garment JSC's value of 16.68% is 303.9% above this benchmark. Historically, Song Hong Garment JSC's own ROE % has ranged from 15.02 to 42.93 over the past decade. While the company's 10-year median is 28.22 vs. the industry median of 4.13, Song Hong Garment 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 Manufacturing - Apparel & Accessories company?
The median ROE % among Manufacturing - Apparel & Accessories companies is 4.13, based on 1,025 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 Hong Garment JSC's current ROE % of 16.68% is 303.9% 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 Hong Garment JSC and its competitors. For the Manufacturing - Apparel & Accessories industry, the median ROE % is 4.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Song Hong Garment JSC's current ROE % is 16.68%, which is 41% below median its own 10-year median of 28.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Song Hong Garment JSC stock overvalued right now?
Based on GuruFocus' analysis, Song Hong Garment JSC (STC:MSH) is currently considered Fairly Valued. The stock's GF Value™ is ₫34,378.87, compared to a current price of ₫34,100.00 — trading 0.8% below its estimated fair value. The current ROE % is 16.68%, which is 41% below median its 10-year median of 28.22 and 303.9% above the Manufacturing - Apparel & Accessories industry median of 4.13. Song Hong Garment JSC's overall GF Score™ is 79/100 with 4 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 Song Hong Garment JSC (STC:MSH), the current ROE % is 16.68% 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 Song Hong Garment JSC (STC:MSH) Overvalued in 2026?

Based on GuruFocus' analysis, Song Hong Garment JSC stock appears to be undervalued. The current stock price of ₫34,100.00 is trading 0.8% below its estimated GF Value™ of ₫34,378.87. GuruFocus considers Song Hong Garment JSC to be Fairly Valued.

Key valuation signals for STC:MSH:

  • ROE %: 16.68% (41% below median its 10-year median of 28.22)
  • GF Value™: ₫34,378.87 vs. price of ₫34,100.00 (0.8% below fair value)
  • GF Score™: 79/100 with 4 warning signs
  • Industry Position: 303.9% above the Manufacturing - Apparel & Accessories median (#45 of 1025)

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


Song Hong Garment JSC Business Description

Address 105 Nguyen Duc Thuan Street, Nam Dinh Ward, Ninh Binh Province, Nam Dinh, VNM
Song Hong Garment JSC is a Vietnam-based manufacturer and distributor of garment and textile products. The company has a market presence in Vietnam and the international market. Its product offerings include bedding and all lines of clothing for men, women, and children. the principal activities includes Producing clothes for domestic market; Producing carpets, blankets; Trading on industrial products for domestic market; Sewing clothes (except for clothes made of animal leather and feather); Trading on other kinds of materials, equipments and spare parts for the garment-textile industry; Producing knitted clothes; Wholesaler of fabrics, clothes and shoes; Trading on domestic cigarettes, alcohol and cosmetics; Warehousing and storing services; and Others.
79GF Score

Get the complete analysis for STC:MSH

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

₫34,100.00
Price
₫34,378.87
GF Value