Thac BA Hydropower JSCSTC:TBC 67 ROE % is 24.99% as of Mar. 2026, which is 47% above its 10-year median of 17.02. GuruFocus rates STC:TBC with a GF Score™ of 67/100 and a GF Value™ of ₫43,993.51 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 433 Utilities - Independent Power Producers companies, Thac BA Hydropower JSC ranks better than 91.45% on this metric.
Thac BA Hydropower JSC (STC:TBC) 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 Utilities - Independent Power Producers subindustry, Thac BA Hydropower 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.
Thac BA Hydropower JSC ROE % vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Thac BA Hydropower JSC's ROE % distribution charts can be found below:
* The bar in red indicates where Thac BA Hydropower 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.
Thac BA Hydropower JSC (STC:TBC) has a ROE % of 24.99% 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 Thac BA Hydropower JSC and its competitors. This is 47% above median its historical median of 17.02. Over the past decade, Thac BA Hydropower JSC's ROE % has ranged from 11.65 to 31.35. According to the industry distribution chart, Thac BA Hydropower JSC ranks #37 out of 433 companies in the Utilities - Independent Power Producers industry, placing it in the top 8.5%.
Is Thac BA Hydropower JSC's ROE % too high?
Thac BA Hydropower JSC's current ROE % of 24.99% is 47% above median its 10-year median of 17.02. Over the past 10 years, this metric has ranged from a low of 11.65 to a high of 31.35. The Utilities - Independent Power Producers industry median ROE % is 3.80. Thac BA Hydropower JSC's value of 24.99% is 557.6% above this industry median. Based on the distribution chart, Thac BA Hydropower JSC ranks #37 out of 433 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, Thac BA Hydropower JSC has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Thac BA Hydropower JSC's ROE % compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Thac BA Hydropower JSC ranks #37 out of 433 companies for ROE %. This places Thac BA Hydropower JSC in the top 9% of its industry — outperforming the majority of peers. The industry median ROE % is 3.80. Thac BA Hydropower JSC's value of 24.99% is 557.6% above this benchmark. Historically, Thac BA Hydropower JSC's own ROE % has ranged from 11.65 to 31.35 over the past decade. While the company's 10-year median is 17.02 vs. the industry median of 3.80, Thac BA Hydropower 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 3.80, based on 433 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. Thac BA Hydropower JSC's current ROE % of 24.99% is 557.6% 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 Thac BA Hydropower JSC and its competitors. For the Utilities - Independent Power Producers industry, the median ROE % is 3.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thac BA Hydropower JSC's current ROE % is 24.99%, which is 47% above median its own 10-year median of 17.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thac BA Hydropower JSC stock overvalued right now?
Based on GuruFocus' analysis, Thac BA Hydropower JSC (STC:TBC) is currently considered Modestly Undervalued. The stock's GF Value™ is ₫43,993.51, compared to a current price of ₫32,500.00 — trading 26.1% below its estimated fair value. The current ROE % is 24.99%, which is 47% above median its 10-year median of 17.02 and 557.6% above the Utilities - Independent Power Producers industry median of 3.80. Thac BA Hydropower JSC's overall GF Score™ is 67/100 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 Thac BA Hydropower JSC (STC:TBC), the current ROE % is 24.99% 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 Thac BA Hydropower JSC (STC:TBC) Overvalued in 2026?
Based on GuruFocus' analysis, Thac BA Hydropower JSC stock appears to be undervalued.
The current stock price of ₫32,500.00 is trading 26.1% below its estimated GF Value™ of ₫43,993.51.
GuruFocus considers Thac BA Hydropower JSC to be Modestly Undervalued.
Key valuation signals for STC:TBC:
ROE %: 24.99% (47% above median its 10-year median of 17.02)
GF Value™: ₫43,993.51 vs. price of ₫32,500.00 (26.1% below fair value)
Industry Position: 557.6% above the Utilities - Independent Power Producers median (#37 of 433)
No single metric tells the full story. See the STC:TBC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thac BA Hydropower JSC is a Vietnam-based company involved in producing and trading electricity. It is also involved in the management, operation, repair, maintenance, overhaul, and renovation of hydraulic works, architectural works, equipment of hydropower plants, and transformer stations. The other business activities of the organization are Testing and adjusting electrical equipment; Purchase and sale, import and export of materials and equipment; Consultancy of construction investment projects, construction investment management, supervision and supervision of construction and installation of electricity projects; Investing in power and grid projects; Fostering, training on management, operation, maintenance and repair of power plant equipment; and Business travel services.
67GF Score
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