Phu Nhuan Jewelry JSCSTC:PNJ -0.94%99 ROE % is 42.42% as of Mar. 2026, which is 76% above its 10-year median of 24.06. GuruFocus rates STC:PNJ with a GF Score™ of 99/100 and a GF Value™ of ₫70,622.07 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,097 Retail - Cyclical companies, Phu Nhuan Jewelry JSC ranks better than 88.33% on this metric.
The historical rank and industry rank for Phu Nhuan Jewelry JSC's ROE % or its related term are showing as below:
STC:PNJ'
s ROE % Range Over the Past 10 Years
Min: 18.29 Med: 24.06 Max: 32.01
Current: 28.59
During the past 13 years, Phu Nhuan Jewelry JSC's highest ROE % was 32.01%. The lowest was 18.29%. And the median was 24.06%.
STC:PNJ's ROE % is ranked better than 88.33% of 1097
companies
in the Retail - Cyclical industry
Industry Median: 6.46
vs STC:PNJ: 28.59
Phu Nhuan Jewelry JSC (STC:PNJ) 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 (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.
* 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.
For the Luxury Goods subindustry, Phu Nhuan Jewelry 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.
Phu Nhuan Jewelry JSC ROE % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Phu Nhuan Jewelry JSC's ROE % distribution charts can be found below:
* The bar in red indicates where Phu Nhuan Jewelry 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 (Mar. 2026) net income data.
ROE % is displayed in the 30-year financial page.
Phu Nhuan Jewelry JSC (STC:PNJ) has a ROE % of 42.42% 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 Phu Nhuan Jewelry JSC and its competitors. This is 76% above median its historical median of 24.06. Over the past decade, Phu Nhuan Jewelry JSC's ROE % has ranged from 18.29 to 32.01. According to the industry distribution chart, Phu Nhuan Jewelry JSC ranks #128 out of 1097 companies in the Retail - Cyclical industry, placing it in the top 11.7%.
Is Phu Nhuan Jewelry JSC's ROE % too high?
Phu Nhuan Jewelry JSC's current ROE % of 42.42% is 76% above median its 10-year median of 24.06. Over the past 10 years, this metric has ranged from a low of 18.29 to a high of 32.01. The Retail - Cyclical industry median ROE % is 6.46. Phu Nhuan Jewelry JSC's value of 42.42% is 556.7% above this industry median. Based on the distribution chart, Phu Nhuan Jewelry JSC ranks #128 out of 1097 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Phu Nhuan Jewelry JSC has a GF Score™ of 99/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Phu Nhuan Jewelry JSC's ROE % compare to TPR and SIG?
According to the Retail - Cyclical industry distribution chart, Phu Nhuan Jewelry JSC ranks #128 out of 1097 companies for ROE %. This places Phu Nhuan Jewelry JSC in the top 12% of its industry — outperforming the majority of peers. The industry median ROE % is 6.46. Phu Nhuan Jewelry JSC's value of 42.42% is 556.7% above this benchmark. Historically, Phu Nhuan Jewelry JSC's own ROE % has ranged from 18.29 to 32.01 over the past decade. While the company's 10-year median is 24.06 vs. the industry median of 6.46, Phu Nhuan Jewelry 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 Retail - Cyclical company?
The median ROE % among Retail - Cyclical companies is 6.46, based on 1,097 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. Phu Nhuan Jewelry JSC's current ROE % of 42.42% is 556.7% 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 Phu Nhuan Jewelry JSC and its competitors. For the Retail - Cyclical industry, the median ROE % is 6.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Phu Nhuan Jewelry JSC's current ROE % is 42.42%, which is 76% above median its own 10-year median of 24.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Phu Nhuan Jewelry JSC stock overvalued right now?
Based on GuruFocus' analysis, Phu Nhuan Jewelry JSC (STC:PNJ) is currently considered Modestly Undervalued. The stock's GF Value™ is ₫70,622.07, compared to a current price of ₫63,500.00 — trading 10.1% below its estimated fair value. The current ROE % is 42.42%, which is 76% above median its 10-year median of 24.06 and 556.7% above the Retail - Cyclical industry median of 6.46. Phu Nhuan Jewelry JSC's overall GF Score™ is 99/100 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 Phu Nhuan Jewelry JSC (STC:PNJ), the current ROE % is 42.42% 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 Phu Nhuan Jewelry JSC (STC:PNJ) Overvalued in 2026?
Based on GuruFocus' analysis, Phu Nhuan Jewelry JSC stock appears to be undervalued.
The current stock price of ₫63,500.00 is trading 10.1% below its estimated GF Value™ of ₫70,622.07.
GuruFocus considers Phu Nhuan Jewelry JSC to be Modestly Undervalued.
Key valuation signals for STC:PNJ:
ROE %: 42.42% (76% above median its 10-year median of 24.06)
GF Value™: ₫70,622.07 vs. price of ₫63,500.00 (10.1% below fair value)
Industry Position: 556.7% above the Retail - Cyclical median (#128 of 1097)
No single metric tells the full story. See the STC:PNJ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Phu Nhuan Jewelry JSC is engaged in the manufacturing and trading of gold, silver, jewelry, and gemstones, and imports and exports jewelry in gold, silver, and gemstones. The other activities are mainly trading accessories and jewelry inspection services. It offers products such as rings, earrings, bracelets, pendants, necklaces, etc., under different brands such as CAO Fine Jewellery, Mancode by PNJ, Style by PNJ, PNJArt, PNJ Silver and Accessories, and others. Geographically, the company conducts its operations only in Vietnam.
99GF Score
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