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Viet Nam Pharmaceutical - JSCHSTC:DVN -1.06%80 ROC (Joel Greenblatt) % is 34.53% as of Mar. 2026, which is 56% above its 10-year median of 22.13. GuruFocus rates HSTC:DVN with a GF Score™ of 80/100 and a GF Value™ of ₫22,080.42 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 982 Drug Manufacturers companies, Viet Nam Pharmaceutical - JSC ranks better than 81.87% 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. Viet Nam Pharmaceutical - JSC's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 34.53%.
The historical rank and industry rank for Viet Nam Pharmaceutical - JSC's ROC (Joel Greenblatt) % or its related term are showing as below:
HSTC:DVN'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 14.74 Med: 22.13 Max: 46.21
Current: 43.95
During the past 7 years, Viet Nam Pharmaceutical - JSC's highest ROC (Joel Greenblatt) % was 46.21%. The lowest was 14.74%. And the median was 22.13%.
HSTC:DVN's ROC (Joel Greenblatt) % is ranked better than 81.87% of 982
companies
in the Drug Manufacturers industry
Industry Median: 11.45
vs HSTC:DVN: 43.95
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.
* 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.
Viet Nam Pharmaceutical - JSC ROC (Joel Greenblatt) % Chart
HSTC:DVN vs ZTS, UTHR: ROC (Joel Greenblatt) % Comparison
For the Drug Manufacturers - Specialty & Generic subindustry, Viet Nam Pharmaceutical - JSC'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.
Viet Nam Pharmaceutical - JSC ROC (Joel Greenblatt) % vs Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, Viet Nam Pharmaceutical - JSC's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Viet Nam Pharmaceutical - JSC's ROC (Joel Greenblatt) % falls into.
Viet Nam Pharmaceutical - JSC 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:
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.
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 34.53% mean?
Viet Nam Pharmaceutical - JSC (HSTC:DVN) has a ROC (Joel Greenblatt) % of 34.53% 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 Viet Nam Pharmaceutical - JSC and its competitors. This is 56% above median its historical median of 22.13. Over the past decade, Viet Nam Pharmaceutical - JSC's ROC (Joel Greenblatt) % has ranged from 14.74 to 46.21. According to the industry distribution chart, Viet Nam Pharmaceutical - JSC ranks #178 out of 982 companies in the Drug Manufacturers industry, placing it in the top 18.1%.
Is Viet Nam Pharmaceutical - JSC's ROC (Joel Greenblatt) % too high?
Viet Nam Pharmaceutical - JSC's current ROC (Joel Greenblatt) % of 34.53% is 56% above median its 10-year median of 22.13. Over the past 10 years, this metric has ranged from a low of 14.74 to a high of 46.21. The Drug Manufacturers industry median ROC (Joel Greenblatt) % is 11.45. Viet Nam Pharmaceutical - JSC's value of 34.53% is 201.6% above this industry median. Based on the distribution chart, Viet Nam Pharmaceutical - JSC ranks #178 out of 982 companies in the Drug Manufacturers industry, which is in the top quartile — a strong position relative to peers. Overall, Viet Nam Pharmaceutical - JSC has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Viet Nam Pharmaceutical - JSC's ROC (Joel Greenblatt) % compare to ZTS and UTHR?
According to the Drug Manufacturers industry distribution chart, Viet Nam Pharmaceutical - JSC ranks #178 out of 982 companies for ROC (Joel Greenblatt) %. This places Viet Nam Pharmaceutical - JSC in the top 18% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 11.45. Viet Nam Pharmaceutical - JSC's value of 34.53% is 201.6% above this benchmark. Historically, Viet Nam Pharmaceutical - JSC's own ROC (Joel Greenblatt) % has ranged from 14.74 to 46.21 over the past decade. While the company's 10-year median is 22.13 vs. the industry median of 11.45, Viet Nam Pharmaceutical - 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 ROC (Joel Greenblatt) % for a Drug Manufacturers company?
The median ROC (Joel Greenblatt) % among Drug Manufacturers companies is 11.45, based on 982 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. Viet Nam Pharmaceutical - JSC's current ROC (Joel Greenblatt) % of 34.53% is 201.6% 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 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 Viet Nam Pharmaceutical - JSC and its competitors. For the Drug Manufacturers industry, the median ROC (Joel Greenblatt) % is 11.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Viet Nam Pharmaceutical - JSC's current ROC (Joel Greenblatt) % is 34.53%, which is 56% above median its own 10-year median of 22.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Viet Nam Pharmaceutical - JSC stock overvalued right now?
Based on GuruFocus' analysis, Viet Nam Pharmaceutical - JSC (HSTC:DVN) is currently considered Modestly Undervalued. The stock's GF Value™ is ₫22,080.42, compared to a current price of ₫18,600.00 — trading 15.8% below its estimated fair value. The current ROC (Joel Greenblatt) % is 34.53%, which is 56% above median its 10-year median of 22.13 and 201.6% above the Drug Manufacturers industry median of 11.45. Viet Nam Pharmaceutical - JSC's overall GF Score™ is 80/100 with 5 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 Viet Nam Pharmaceutical - JSC (HSTC:DVN), the current ROC (Joel Greenblatt) % is 34.53% 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 Viet Nam Pharmaceutical - JSC (HSTC:DVN) Overvalued in 2026?
Based on GuruFocus' analysis, Viet Nam Pharmaceutical - JSC stock appears to be undervalued.
The current stock price of ₫18,600.00 is trading 15.8% below its estimated GF Value™ of ₫22,080.42.
GuruFocus considers Viet Nam Pharmaceutical - JSC to be Modestly Undervalued.
Key valuation signals for HSTC:DVN:
ROC (Joel Greenblatt) %: 34.53% (56% above median its 10-year median of 22.13)
GF Value™: ₫22,080.42 vs. price of ₫18,600.00 (15.8% below fair value)
Industry Position: 201.6% above the Drug Manufacturers median (#178 of 982)
No single metric tells the full story. See the HSTC:DVN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Viet Nam Pharmaceutical - JSC Business Description
Viet Nam Pharmaceutical Corp - JSC is engaged in the manufacturing of drugs. The company provides testing services for drugs and medicinal ingredients.
80GF Score
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