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.
Thac BA Hydropower JSC's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was -129.36%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Thac BA Hydropower JSC's 3-Year ROIIC % or its related term are showing as below:
Thac BA Hydropower JSC (STC:TBC) 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.
Thac BA Hydropower JSC 3-Year ROIIC % Related Terms
Thac BA Hydropower JSC 3-Year ROIIC % Historical Data
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The historical data trend for Thac BA Hydropower JSC'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.
STC:TBC vs CEG, VST, NRG: 3-Year ROIIC % Comparison
For the Utilities - Independent Power Producers subindustry, Thac BA Hydropower JSC'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.
Thac BA Hydropower JSC 3-Year ROIIC % vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Thac BA Hydropower JSC's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Thac BA Hydropower JSC's 3-Year ROIIC % 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.
** 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.
Thac BA Hydropower JSC (STC:TBC) has a 3-Year ROIIC % of -129.36 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 Thac BA Hydropower JSC and its competitors. According to the industry distribution chart, Thac BA Hydropower JSC ranks #376 out of 393 companies in the Utilities - Independent Power Producers industry, placing it in the top 95.7%.
Is Thac BA Hydropower JSC's 3-Year ROIIC % too high?
Thac BA Hydropower JSC's current 3-Year ROIIC % is -129.36. Based on the distribution chart, Thac BA Hydropower JSC ranks #376 out of 393 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile 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 3-Year ROIIC % compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Thac BA Hydropower JSC ranks #376 out of 393 companies for 3-Year ROIIC %. This places Thac BA Hydropower JSC in the lower half of its industry. The industry median 3-Year ROIIC % is 1.38. 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 Utilities - Independent Power Producers company?
The median 3-Year ROIIC % among Utilities - Independent Power Producers companies is 1.38, based on 393 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. 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 Thac BA Hydropower JSC and its competitors. For the Utilities - Independent Power Producers industry, the median 3-Year ROIIC % is 1.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thac BA Hydropower JSC's current 3-Year ROIIC % is -129.36. 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 ₫43,872.78, compared to a current price of ₫32,100.00 — trading 26.8% below its estimated fair value. The current 3-Year ROIIC % is -129.36. 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 3-Year ROIIC % calculated?
3-Year ROIIC % is calculated from a company's financial statements. For Thac BA Hydropower JSC (STC:TBC), the current 3-Year ROIIC % is -129.36 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 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 ₫32,100.00 is trading 26.8% below its estimated GF Value™ of ₫43,872.78.
GuruFocus considers Thac BA Hydropower JSC to be Modestly Undervalued.
Key valuation signals for STC:TBC:
3-Year ROIIC %: -129.36
GF Value™: ₫43,872.78 vs. price of ₫32,100.00 (26.8% below fair value)
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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