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Song Ba Ha Hydro Power JSCHSTC:SBH -1.53%40 ROC (Joel Greenblatt) % is 5.30% as of Jun. 2026, which is 88% below its 10-year median of 42.47. GuruFocus rates HSTC:SBH with a GF Score™ of 40/100. The stock has 1 warning sign investors should review. Among 439 Utilities - Independent Power Producers companies, Song Ba Ha Hydro Power JSC ranks worse than 227790.21% 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. Song Ba Ha Hydro Power JSC's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 5.30%.
The historical rank and industry rank for Song Ba Ha Hydro Power JSC's ROC (Joel Greenblatt) % or its related term are showing as below:
HSTC:SBH'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 28.43 Med: 42.47 Max: 70.94
Current: 70.94
During the past 3 years, Song Ba Ha Hydro Power JSC's highest ROC (Joel Greenblatt) % was 70.94%. The lowest was 28.43%. And the median was 42.47%.
Song Ba Ha Hydro Power JSC (HSTC:SBH) 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.
* 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.
Song Ba Ha Hydro Power JSC ROC (Joel Greenblatt) % Chart
Song Ba Ha Hydro Power JSC ROC (Joel Greenblatt) % Competitor Comparison
For the Utilities - Renewable subindustry, Song Ba Ha Hydro Power 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.
Song Ba Ha Hydro Power JSC ROC (Joel Greenblatt) % vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Song Ba Ha Hydro Power JSC's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Song Ba Ha Hydro Power JSC's ROC (Joel Greenblatt) % falls into.
Song Ba Ha Hydro Power 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 (Jun. 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 5.30% mean?
Song Ba Ha Hydro Power JSC (HSTC:SBH) has a ROC (Joel Greenblatt) % of 5.30% as of Jun. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Song Ba Ha Hydro Power JSC and its competitors. This is 88% below median its historical median of 42.47. Over the past decade, Song Ba Ha Hydro Power JSC's ROC (Joel Greenblatt) % has ranged from 28.43 to 70.94. According to the industry distribution chart, Song Ba Ha Hydro Power JSC ranks #999999 out of 439 companies in the Utilities - Independent Power Producers industry.
Is Song Ba Ha Hydro Power JSC's ROC (Joel Greenblatt) % too high?
Song Ba Ha Hydro Power JSC's current ROC (Joel Greenblatt) % of 5.30% is 88% below median its 10-year median of 42.47. Over the past 10 years, this metric has ranged from a low of 28.43 to a high of 70.94. The Utilities - Independent Power Producers industry median ROC (Joel Greenblatt) % is 6.34. Song Ba Ha Hydro Power JSC's value of 5.30% is 16.4% below this industry median. Based on the distribution chart, Song Ba Ha Hydro Power JSC ranks #999999 out of 439 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, Song Ba Ha Hydro Power JSC has a GF Score™ of 40/100, reflecting its overall financial health beyond just this single metric.
How does Song Ba Ha Hydro Power JSC's ROC (Joel Greenblatt) % compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Song Ba Ha Hydro Power JSC ranks #999999 out of 439 companies for ROC (Joel Greenblatt) %. This places Song Ba Ha Hydro Power JSC in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 6.34. Song Ba Ha Hydro Power JSC's value of 5.30% is 16.4% below this benchmark. Historically, Song Ba Ha Hydro Power JSC's own ROC (Joel Greenblatt) % has ranged from 28.43 to 70.94 over the past decade. While the company's 10-year median is 42.47 vs. the industry median of 6.34, Song Ba Ha Hydro Power JSC has consistently been below 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. Song Ba Ha Hydro Power JSC's current ROC (Joel Greenblatt) % of 5.30% is 16.4% below 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 Song Ba Ha Hydro Power JSC 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. Song Ba Ha Hydro Power JSC's current ROC (Joel Greenblatt) % is 5.30%, which is 88% below median its own 10-year median of 42.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Song Ba Ha Hydro Power JSC stock overvalued right now?
Song Ba Ha Hydro Power JSC (HSTC:SBH) has a current ROC (Joel Greenblatt) % of 5.30%. The current ROC (Joel Greenblatt) % is 5.30%, which is 88% below median its 10-year median of 42.47 and 16.4% below the Utilities - Independent Power Producers industry median of 6.34. Song Ba Ha Hydro Power JSC's overall GF Score™ is 40/100 with 1 warning sign 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 Song Ba Ha Hydro Power JSC (HSTC:SBH), the current ROC (Joel Greenblatt) % is 5.30% as of Jun. 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.
Song Ba Ha Hydro Power JSC is a Vietnam-based company mainly focused on electricity production and trading. It operates the Song Ba Ha Hydropower Plant with a design capacity of 220 MW and an average annual electricity output of approximately 601.7 million kWh, located on the Ba River, within the administrative boundaries of Song Hinh district (Phu Yen province) and Krong Ba district (Gia Lai province). Additionally, the company focuses on investment and management of power generation projects, and provides services for the operation, repair, and maintenance of power infrastructure.
40GF Score
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