Vinacomin - Power Holding (HSTC:DTK) ROC (Joel Greenblatt) %: 22.98% (As of Mar. 2026) — 159% Above Median

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HSTC:DTK Vinacomin - Power Holding Corp HSTC:DTK
60 GF Score
Price ₫11,000.00
GF Value ₫12,569.28
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Vinacomin - Power Holding ROC (Joel Greenblatt) %?

Vinacomin - Power Holding HSTC:DTK +0.92% 60 ROC (Joel Greenblatt) % is 22.98% as of Mar. 2026, which is 159% above its 10-year median of 8.86. GuruFocus rates HSTC:DTK with a GF Score™ of 60/100 and a GF Value™ of ₫12,569.28 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 439 Utilities - Independent Power Producers companies, Vinacomin - Power Holding ranks better than 66.97% on this metric.

Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits). He defines ROC (Joel Greenblatt) % as EBIT divided by the total of Property, Plant and Equipment and net working capital. Vinacomin - Power Holding's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 22.98%.

The historical rank and industry rank for Vinacomin - Power Holding's ROC (Joel Greenblatt) % or its related term are showing as below:

HSTC:DTK' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 8.35   Med: 8.86   Max: 11.56
Current: 11.56

During the past 5 years, Vinacomin - Power Holding's highest ROC (Joel Greenblatt) % was 11.56%. The lowest was 8.35%. And the median was 8.86%.

HSTC:DTK's ROC (Joel Greenblatt) % is ranked better than
66.97% of 439 companies
in the Utilities - Independent Power Producers industry
Industry Median: 6.34 vs HSTC:DTK: 11.56

Vinacomin - Power Holding's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Vinacomin - Power Holding  (HSTC:DTK) ROC (Joel Greenblatt) % Explanation

The way Joel Greenblatt defines Return on Capital is a more accurate measure of how efficiently the company generates returns onthe capital actually invested in the business. EBIT is used instead of net income because the tax and interest payment may be affected by factors other than the core business operation. Intangible assets are not included in the calculation because they don't need to be replaced.

Joel Greenblatt uses his definition of Return on Capital and Earnings Yield (Joel Greenblatt) % to rank companies.


Vinacomin - Power Holding ROC (Joel Greenblatt) % Related Terms


Vinacomin - Power Holding ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Vinacomin - Power Holding's ROC (Joel Greenblatt) % 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.

Vinacomin - Power Holding ROC (Joel Greenblatt) % Chart

Vinacomin - Power Holding Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
9.33 8.35 8.39 9.12 8.86

Vinacomin - Power Holding Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROC (Joel Greenblatt) % 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 12.27 16.11 1.00 5.36 22.98

Vinacomin - Power Holding ROC (Joel Greenblatt) % Competitor Comparison

For the Utilities - Renewable subindustry, Vinacomin - Power Holding's ROC (Joel Greenblatt) %, along with its competitors' market caps and ROC (Joel Greenblatt) % 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.


Vinacomin - Power Holding ROC (Joel Greenblatt) % vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Vinacomin - Power Holding's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Vinacomin - Power Holding's ROC (Joel Greenblatt) % falls into.


HSTC:DTK
60GF Score
Vinacomin - Power Holding Corp HSTC:DTK
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vinacomin - Power Holding ROC (Joel Greenblatt) % Calculation

Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits) . He defines Return on Capital as follows:

ROC (Joel Greenblatt) %=EBIT/Average of (Net fixed Assets + Net Working Capital)

EBIT stands for Earnings Before Interest and Taxes.

Fixed Assets are also known as non-current assets. They include the Property, Plant and Equipment that the firm needs in its operation.

GuruFocus calculates net working capital as: (Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Deferred Revenue + Other Current Liabilities). We're trying to account for OPERATING assets and liabilities (part of daily business) when calculating working capital. Cash and marketable securities are considered NON-OPERATING assets and are not included in calculation. We will also back out all interest bearing debt, short term debt and the portion of long term debt that is due in the current period from the current liabilities. This debt will be considered when computing cost of capital and it would be inappropriate to count it twice.

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2501229.608 + 576428.293 + 577801.341) - (3054028.208 + 0 + 62094.707)
=539336.327

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3579773.285 + 554202.799 + 530352.951) - (2870767.604 + 0 + 195425.567)
=1598135.864

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Vinacomin - Power Holding for the quarter that ended in Mar. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=2269821.516/( ( (8865712.124 + max(539336.327, 0)) + (8755047.317 + max(1598135.864, 0)) )/ 2 )
=2269821.516/( ( 9405048.451 + 10353183.181 )/ 2 )
=2269821.516/9879115.816
=22.98 %

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

* 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.

What does a ROC (Joel Greenblatt) % of 22.98% mean?
Vinacomin - Power Holding (HSTC:DTK) has a ROC (Joel Greenblatt) % of 22.98% as of Mar. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Vinacomin - Power Holding and its competitors. This is 159% above median its historical median of 8.86. Over the past decade, Vinacomin - Power Holding's ROC (Joel Greenblatt) % has ranged from 8.35 to 11.56. According to the industry distribution chart, Vinacomin - Power Holding ranks #145 out of 439 companies in the Utilities - Independent Power Producers industry, placing it in the top 33%.
Is Vinacomin - Power Holding's ROC (Joel Greenblatt) % too high?
Vinacomin - Power Holding's current ROC (Joel Greenblatt) % of 22.98% is 159% above median its 10-year median of 8.86. Over the past 10 years, this metric has ranged from a low of 8.35 to a high of 11.56. The Utilities - Independent Power Producers industry median ROC (Joel Greenblatt) % is 6.34. Vinacomin - Power Holding's value of 22.98% is 262.5% above this industry median. Based on the distribution chart, Vinacomin - Power Holding ranks #145 out of 439 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Vinacomin - Power Holding has a GF Score™ of 60/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vinacomin - Power Holding's ROC (Joel Greenblatt) % compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Vinacomin - Power Holding ranks #145 out of 439 companies for ROC (Joel Greenblatt) %. This puts Vinacomin - Power Holding in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 6.34. Vinacomin - Power Holding's value of 22.98% is 262.5% above this benchmark. Historically, Vinacomin - Power Holding's own ROC (Joel Greenblatt) % has ranged from 8.35 to 11.56 over the past decade. While the company's 10-year median is 8.86 vs. the industry median of 6.34, Vinacomin - Power Holding 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 ROC (Joel Greenblatt) % for an Utilities - Independent Power Producers company?
The median ROC (Joel Greenblatt) % among Utilities - Independent Power Producers companies is 6.34, based on 439 companies in the industry. Companies in the top quartile (top 25%) have a ROC (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, ROC (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Vinacomin - Power Holding's current ROC (Joel Greenblatt) % of 22.98% is 262.5% 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 ROC (Joel Greenblatt) % mean?
A high ROC (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Vinacomin - Power Holding and its competitors. For the Utilities - Independent Power Producers industry, the median ROC (Joel Greenblatt) % is 6.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vinacomin - Power Holding's current ROC (Joel Greenblatt) % is 22.98%, which is 159% above median its own 10-year median of 8.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vinacomin - Power Holding stock overvalued right now?
Based on GuruFocus' analysis, Vinacomin - Power Holding (HSTC:DTK) is currently considered Modestly Undervalued. The stock's GF Value™ is ₫12,569.28, compared to a current price of ₫11,000.00 — trading 12.5% below its estimated fair value. The current ROC (Joel Greenblatt) % is 22.98%, which is 159% above median its 10-year median of 8.86 and 262.5% above the Utilities - Independent Power Producers industry median of 6.34. Vinacomin - Power Holding's overall GF Score™ is 60/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROC (Joel Greenblatt) % calculated?
ROC (Joel Greenblatt) % is calculated from a company's financial statements. For Vinacomin - Power Holding (HSTC:DTK), the current ROC (Joel Greenblatt) % is 22.98% 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 Vinacomin - Power Holding (HSTC:DTK) Overvalued in 2026?

Based on GuruFocus' analysis, Vinacomin - Power Holding stock appears to be undervalued. The current stock price of ₫11,000.00 is trading 12.5% below its estimated GF Value™ of ₫12,569.28. GuruFocus considers Vinacomin - Power Holding to be Modestly Undervalued.

Key valuation signals for HSTC:DTK:

  • ROC (Joel Greenblatt) %: 22.98% (159% above median its 10-year median of 8.86)
  • GF Value™: ₫12,569.28 vs. price of ₫11,000.00 (12.5% below fair value)
  • GF Score™: 60/100 with 3 warning signs
  • Industry Position: 262.5% above the Utilities - Independent Power Producers median (#145 of 439)

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


Vinacomin - Power Holding Business Description

Address No. 3 Duong Dinh Nghe Street, 16th Floor, Vinacomin Building, Yen Hoa Ward, Hanoi, VNM
Vinacomin - Power Holding Corp engages in producing, transmitting, and selling electricity, and in investing, constructing, exploiting, and operating thermal, hydropower, new energy, and renewable energy plants, along with electricity grids. Its activities include electricity trading, power transmission and distribution, managing construction investment projects for electrical works, transport by road, railway, and waterway, designing and manufacturing mechanical products and power equipment, constructing power plants, power lines, stations, and various industrial and infrastructure works, providing investment and construction consulting for power projects, producing building materials, and trading, importing, and exporting materials, equipment, and goods.
60GF Score

Get the complete analysis for HSTC:DTK

ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₫11,000.00
Price
₫12,569.28
GF Value