Thang Long Investment Group (HSTC:TIG) 3-Year ROIIC % : 2.29% (As of Dec. 2025) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HSTC:TIG Thang Long Investment Group HSTC:TIG
80 GF Score
Price ₫6,300.00
GF Value ₫7,466.32
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Thang Long Investment Group 3-Year ROIIC %?

Thang Long Investment Group HSTC:TIG +3.28% 80 3-Year ROIIC % is 2.29 as of Dec. 2025, which is 3% below its 10-year median of 2.36. GuruFocus rates HSTC:TIG with a GF Score™ of 80/100 and a GF Value™ of ₫7,466.32 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 653 Asset Management companies, Thang Long Investment Group ranks better than 50.23% on this metric.

3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year. Thang Long Investment Group's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 2.29%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Thang Long Investment Group's 3-Year ROIIC % or its related term are showing as below:

HSTC:TIG's 3-Year ROIIC % is ranked better than
50.23% of 653 companies
in the Asset Management industry
Industry Median: 2.21 vs HSTC:TIG: 2.29

Thang Long Investment Group  (HSTC:TIG) 3-Year ROIIC % Explanation

Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.

High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

Be Aware

It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.


Thang Long Investment Group 3-Year ROIIC % Related Terms


Thang Long Investment Group 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Thang Long Investment Group's 3-Year ROIIC % 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.

Thang Long Investment Group 3-Year ROIIC % Chart

Thang Long Investment Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
3-Year ROIIC %
Get a 7-Day Free Trial 0.00 1.52 2.42 19.74 2.29

Thang Long Investment Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
3-Year ROIIC % 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 0.00 0.00 0.00 2.29 0.00

HSTC:TIG vs BLK, BX, KKR: 3-Year ROIIC % Comparison

For the Asset Management subindustry, Thang Long Investment Group's 3-Year ROIIC %, along with its competitors' market caps and 3-Year ROIIC % 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.


Thang Long Investment Group 3-Year ROIIC % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Thang Long Investment Group's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Thang Long Investment Group's 3-Year ROIIC % falls into.


HSTC:TIG
80GF Score
Thang Long Investment Group HSTC:TIG
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thang Long Investment Group 3-Year ROIIC % Calculation

Thang Long Investment Group's 3-Year ROIIC % for the quarter that ended in Dec. 2025 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( 64261.3642432 (Dec. 2025) - 71062.5941259 (Dec. 2022) )/( 3367132.819 (Dec. 2025) - 3663611.834 (Dec. 2022) )
=-6801.2298827/-296479.015
=2.29%***

* 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.

** Annual data of NOPAT and Invested Capital was used to calculate 3-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.

Frequently Asked Questions Learn more about 3-Year ROIIC % →
What does a 3-Year ROIIC % of 2.29 mean?
Thang Long Investment Group (HSTC:TIG) has a 3-Year ROIIC % of 2.29 as of Dec. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Thang Long Investment Group and its competitors. This is near median its historical median of 2.36. Over the past decade, Thang Long Investment Group's 3-Year ROIIC % has ranged from 1.52 to 19.74. According to the industry distribution chart, Thang Long Investment Group ranks #325 out of 653 companies in the Asset Management industry, placing it in the top 49.8%.
Is Thang Long Investment Group's 3-Year ROIIC % too high?
Thang Long Investment Group's current 3-Year ROIIC % of 2.29 is near median its 10-year median of 2.36. Over the past 10 years, this metric has ranged from a low of 1.52 to a high of 19.74. The Asset Management industry median 3-Year ROIIC % is 2.21. Thang Long Investment Group's value of 2.29 is 3.6% above this industry median. Based on the distribution chart, Thang Long Investment Group ranks #325 out of 653 companies in the Asset Management industry, which is above the industry midpoint. Overall, Thang Long Investment Group has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Thang Long Investment Group's 3-Year ROIIC % compare to BLK and BX?
According to the Asset Management industry distribution chart, Thang Long Investment Group ranks #325 out of 653 companies for 3-Year ROIIC %. This puts Thang Long Investment Group in the upper half of its industry. The industry median 3-Year ROIIC % is 2.21. Thang Long Investment Group's value of 2.29 is 3.6% above this benchmark. Historically, Thang Long Investment Group's own 3-Year ROIIC % has ranged from 1.52 to 19.74 over the past decade. While the company's 10-year median is 2.36 vs. the industry median of 2.21, Thang Long Investment Group 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 3-Year ROIIC % for an Asset Management company?
The median 3-Year ROIIC % among Asset Management companies is 2.21, based on 653 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Thang Long Investment Group's current 3-Year ROIIC % of 2.29 is 3.6% 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 3-Year ROIIC % mean?
A high 3-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Thang Long Investment Group and its competitors. For the Asset Management industry, the median 3-Year ROIIC % is 2.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thang Long Investment Group's current 3-Year ROIIC % is 2.29, which is near median its own 10-year median of 2.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thang Long Investment Group stock overvalued right now?
Based on GuruFocus' analysis, Thang Long Investment Group (HSTC:TIG) is currently considered Modestly Undervalued. The stock's GF Value™ is ₫7,466.32, compared to a current price of ₫6,300.00 — trading 15.6% below its estimated fair value. The current 3-Year ROIIC % is 2.29, which is near median its 10-year median of 2.36 and 3.6% above the Asset Management industry median of 2.21. Thang Long Investment Group's overall GF Score™ is 80/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year ROIIC % calculated?
3-Year ROIIC % is calculated from a company's financial statements. For Thang Long Investment Group (HSTC:TIG), the current 3-Year ROIIC % is 2.29 as of Dec. 2025. 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 Thang Long Investment Group (HSTC:TIG) Overvalued in 2026?

Based on GuruFocus' analysis, Thang Long Investment Group stock appears to be undervalued. The current stock price of ₫6,300.00 is trading 15.6% below its estimated GF Value™ of ₫7,466.32. GuruFocus considers Thang Long Investment Group to be Modestly Undervalued.

Key valuation signals for HSTC:TIG:

  • 3-Year ROIIC %: 2.29 (near median its 10-year median of 2.36)
  • GF Value™: ₫7,466.32 vs. price of ₫6,300.00 (15.6% below fair value)
  • GF Score™: 80/100 with 6 warning signs
  • Industry Position: 3.6% above the Asset Management median (#325 of 653)

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


Thang Long Investment Group Business Description

Address Pham Hung Street, My Dinh I Ward, 8th floor, Tower B, Song Da Building, Nam Tu Liem District, Hanoi, VNM
Thang Long Investment Group is an investment company. The company operates in the field of Real Estate, where the company has managed and owned projects. The distribution field deals with the distribution of household products such as electronics and home appliances in Vietnam, and the Retail field owns and develops electric bicycle chain stores and also distributes building materials for civil construction works and transport infrastructure. It is also involved in other sectors such as tourism, trading, and communication services in Vietnam. The Company is organized into three separate business segments, including: real estate operations, trading activities, and Provision of other services.
80GF Score

Get the complete analysis for HSTC:TIG

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

₫6,300.00
Price
₫7,466.32
GF Value