Forest Products Export of Quang Nam JSC (HSTC:FRC) ROC (Joel Greenblatt) %: 14.86% (As of Dec. 2025) — 37% Below Median

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HSTC:FRC Forest Products Export of Quang Nam JSC HSTC:FRC
59 GF Score
Price ₫25,000.00
GF Value ₫16,914.03
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Forest Products Export of Quang Nam JSC ROC (Joel Greenblatt) %?

Forest Products Export of Quang Nam JSC HSTC:FRC 59 ROC (Joel Greenblatt) % is 14.86% as of Dec. 2025, which is 37% below its 10-year median of 23.61. GuruFocus rates HSTC:FRC with a GF Score™ of 59/100 and a GF Value™ of ₫16,914.03 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 433 Furnishings, Fixtures & Appliances companies, Forest Products Export of Quang Nam JSC ranks better than 63.51% 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. Forest Products Export of Quang Nam JSC's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 14.86%.

The historical rank and industry rank for Forest Products Export of Quang Nam JSC's ROC (Joel Greenblatt) % or its related term are showing as below:

HSTC:FRC' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 5.39   Med: 23.61   Max: 40.88
Current: 14.86

During the past 9 years, Forest Products Export of Quang Nam JSC's highest ROC (Joel Greenblatt) % was 40.88%. The lowest was 5.39%. And the median was 23.61%.

HSTC:FRC's ROC (Joel Greenblatt) % is ranked better than
63.51% of 433 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 9.33 vs HSTC:FRC: 14.86

Forest Products Export of Quang Nam JSC's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -18.60% per year.


Forest Products Export of Quang Nam JSC  (HSTC:FRC) 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.


Forest Products Export of Quang Nam JSC ROC (Joel Greenblatt) % Related Terms


Forest Products Export of Quang Nam JSC ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Forest Products Export of Quang Nam JSC'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.

Forest Products Export of Quang Nam JSC ROC (Joel Greenblatt) % Chart

Forest Products Export of Quang Nam JSC Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only 40.88 27.19 5.39 23.61 14.86

Forest Products Export of Quang Nam JSC Semi-Annual Data
Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only 40.88 27.19 5.39 23.61 14.86

HSTC:FRC vs SN, SGI, MHK: ROC (Joel Greenblatt) % Comparison

For the Furnishings, Fixtures & Appliances subindustry, Forest Products Export of Quang Nam 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.


Forest Products Export of Quang Nam JSC ROC (Joel Greenblatt) % vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Forest Products Export of Quang Nam JSC's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Forest Products Export of Quang Nam JSC's ROC (Joel Greenblatt) % falls into.


HSTC:FRC
59GF Score
Forest Products Export of Quang Nam JSC HSTC:FRC
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Forest Products Export of Quang Nam 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:

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. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(52043.318 + 38182.962 + 10035.939) - (36043.721 + 0 + 9337.554)
=54880.944

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(48499.447 + 36722.252 + 41833.557) - (30690.638 + 0 + 10351.008)
=86013.61

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Forest Products Export of Quang Nam JSC for the quarter that ended in Dec. 2025 can be restated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2024  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=13260.033/( ( (24718.306 + max(54880.944, 0)) + (12823.142 + max(86013.61, 0)) )/ 2 )
=13260.033/( ( 79599.25 + 98836.752 )/ 2 )
=13260.033/89218.001
=14.86 %

Note: The EBIT data used here is one times the annual (Dec. 2025) 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 14.86% mean?
Forest Products Export of Quang Nam JSC (HSTC:FRC) has a ROC (Joel Greenblatt) % of 14.86% as of Dec. 2025. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Forest Products Export of Quang Nam JSC and its competitors. This is 37% below median its historical median of 23.61. Over the past decade, Forest Products Export of Quang Nam JSC's ROC (Joel Greenblatt) % has ranged from 5.39 to 40.88. According to the industry distribution chart, Forest Products Export of Quang Nam JSC ranks #158 out of 433 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 36.5%.
Is Forest Products Export of Quang Nam JSC's ROC (Joel Greenblatt) % too high?
Forest Products Export of Quang Nam JSC's current ROC (Joel Greenblatt) % of 14.86% is 37% below median its 10-year median of 23.61. Over the past 10 years, this metric has ranged from a low of 5.39 to a high of 40.88. The Furnishings, Fixtures & Appliances industry median ROC (Joel Greenblatt) % is 9.33. Forest Products Export of Quang Nam JSC's value of 14.86% is 59.3% above this industry median. Based on the distribution chart, Forest Products Export of Quang Nam JSC ranks #158 out of 433 companies in the Furnishings, Fixtures & Appliances industry, which is above the industry midpoint. Overall, Forest Products Export of Quang Nam JSC has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Forest Products Export of Quang Nam JSC's ROC (Joel Greenblatt) % compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Forest Products Export of Quang Nam JSC ranks #158 out of 433 companies for ROC (Joel Greenblatt) %. This puts Forest Products Export of Quang Nam JSC in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 9.33. Forest Products Export of Quang Nam JSC's value of 14.86% is 59.3% above this benchmark. Historically, Forest Products Export of Quang Nam JSC's own ROC (Joel Greenblatt) % has ranged from 5.39 to 40.88 over the past decade. While the company's 10-year median is 23.61 vs. the industry median of 9.33, Forest Products Export of Quang Nam 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 Furnishings, Fixtures & Appliances company?
The median ROC (Joel Greenblatt) % among Furnishings, Fixtures & Appliances companies is 9.33, based on 433 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. Forest Products Export of Quang Nam JSC's current ROC (Joel Greenblatt) % of 14.86% is 59.3% 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 Forest Products Export of Quang Nam JSC and its competitors. For the Furnishings, Fixtures & Appliances industry, the median ROC (Joel Greenblatt) % is 9.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Forest Products Export of Quang Nam JSC's current ROC (Joel Greenblatt) % is 14.86%, which is 37% below median its own 10-year median of 23.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forest Products Export of Quang Nam JSC stock overvalued right now?
Based on GuruFocus' analysis, Forest Products Export of Quang Nam JSC (HSTC:FRC) is currently considered Significantly Overvalued. The stock's GF Value™ is ₫16,914.03, compared to a current price of ₫25,000.00 — trading 47.8% above its estimated fair value. The current ROC (Joel Greenblatt) % is 14.86%, which is 37% below median its 10-year median of 23.61 and 59.3% above the Furnishings, Fixtures & Appliances industry median of 9.33. Forest Products Export of Quang Nam JSC's overall GF Score™ is 59/100 with 9 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 Forest Products Export of Quang Nam JSC (HSTC:FRC), the current ROC (Joel Greenblatt) % is 14.86% 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 Forest Products Export of Quang Nam JSC (HSTC:FRC) Overvalued in 2026?

Based on GuruFocus' analysis, Forest Products Export of Quang Nam JSC stock appears to be overvalued. The current stock price of ₫25,000.00 is trading 47.8% above its estimated GF Value™ of ₫16,914.03. GuruFocus considers Forest Products Export of Quang Nam JSC to be Significantly Overvalued.

Key valuation signals for HSTC:FRC:

  • ROC (Joel Greenblatt) %: 14.86% (37% below median its 10-year median of 23.61)
  • GF Value™: ₫16,914.03 vs. price of ₫25,000.00 (47.8% above fair value)
  • GF Score™: 59/100 with 9 warning signs
  • Industry Position: 59.3% above the Furnishings, Fixtures & Appliances median (#158 of 433)

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


Forest Products Export of Quang Nam JSC Business Description

Address 210 Tran Hung Dao Street, Dien Ngoc Ward, Dien Ban Town, Quang Nam, VNM
Forest Products Export of Quang Nam JSC specializing in manufacturing outdoor and indoor furniture in Vietnam. Its products include Bench with central table; Folding Armchair; Position Chair; Bar Chair and Other.
59GF Score

Get the complete analysis for HSTC:FRC

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

₫25,000.00
Price
₫16,914.03
GF Value