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Song DaHSTC:SJG +5.26%75 ROC (Joel Greenblatt) % is 16.61% as of Mar. 2026, which is 14% below its 10-year median of 19.40. GuruFocus rates HSTC:SJG with a GF Score™ of 75/100 and a GF Value™ of ₫20,353.27 (Fairly Valued). The stock has 3 warning signs investors should review. Among 563 Conglomerates companies, Song Da ranks better than 72.47% 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 Da's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 16.61%.
The historical rank and industry rank for Song Da's ROC (Joel Greenblatt) % or its related term are showing as below:
HSTC:SJG'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 11.06 Med: 19.4 Max: 36.91
Current: 31.75
During the past 6 years, Song Da's highest ROC (Joel Greenblatt) % was 36.91%. The lowest was 11.06%. And the median was 19.40%.
HSTC:SJG's ROC (Joel Greenblatt) % is ranked better than 72.47% of 563
companies
in the Conglomerates industry
Industry Median: 14.85
vs HSTC:SJG: 31.75
Song Da's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 19.90% per year.
Song Da (HSTC:SJG) 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.
The historical data trend for Song Da'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.
HSTC:SJG vs MMM, HON: ROC (Joel Greenblatt) % Comparison
For the Conglomerates subindustry, Song Da'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 Da ROC (Joel Greenblatt) % vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Song Da's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Song Da's ROC (Joel Greenblatt) % falls into.
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 16.61% mean?
Song Da (HSTC:SJG) has a ROC (Joel Greenblatt) % of 16.61% 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 Song Da and its competitors. This is 14% below median its historical median of 19.40. Over the past decade, Song Da's ROC (Joel Greenblatt) % has ranged from 11.06 to 36.91. According to the industry distribution chart, Song Da ranks #155 out of 563 companies in the Conglomerates industry, placing it in the top 27.5%.
Is Song Da's ROC (Joel Greenblatt) % too high?
Song Da's current ROC (Joel Greenblatt) % of 16.61% is 14% below median its 10-year median of 19.40. Over the past 10 years, this metric has ranged from a low of 11.06 to a high of 36.91. The Conglomerates industry median ROC (Joel Greenblatt) % is 14.85. Song Da's value of 16.61% is 11.9% above this industry median. Based on the distribution chart, Song Da ranks #155 out of 563 companies in the Conglomerates industry, which is above the industry midpoint. Overall, Song Da has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Song Da's ROC (Joel Greenblatt) % compare to MMM and HON?
According to the Conglomerates industry distribution chart, Song Da ranks #155 out of 563 companies for ROC (Joel Greenblatt) %. This puts Song Da in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 14.85. Song Da's value of 16.61% is 11.9% above this benchmark. Historically, Song Da's own ROC (Joel Greenblatt) % has ranged from 11.06 to 36.91 over the past decade. While the company's 10-year median is 19.40 vs. the industry median of 14.85, Song Da 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 Conglomerates company?
The median ROC (Joel Greenblatt) % among Conglomerates companies is 14.85, based on 563 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 Da's current ROC (Joel Greenblatt) % of 16.61% is 11.9% 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 Song Da and its competitors. For the Conglomerates industry, the median ROC (Joel Greenblatt) % is 14.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Song Da's current ROC (Joel Greenblatt) % is 16.61%, which is 14% below median its own 10-year median of 19.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Song Da stock overvalued right now?
Based on GuruFocus' analysis, Song Da (HSTC:SJG) is currently considered Fairly Valued. The stock's GF Value™ is ₫20,353.27, compared to a current price of ₫20,000.00 — trading 1.7% below its estimated fair value. The current ROC (Joel Greenblatt) % is 16.61%, which is 14% below median its 10-year median of 19.40 and 11.9% above the Conglomerates industry median of 14.85. Song Da's overall GF Score™ is 75/100 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 Song Da (HSTC:SJG), the current ROC (Joel Greenblatt) % is 16.61% 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 Song Da (HSTC:SJG) Overvalued in 2026?
Based on GuruFocus' analysis, Song Da stock appears to be undervalued.
The current stock price of ₫20,000.00 is trading 1.7% below its estimated GF Value™ of ₫20,353.27.
GuruFocus considers Song Da to be Fairly Valued.
Key valuation signals for HSTC:SJG:
ROC (Joel Greenblatt) %: 16.61% (14% below median its 10-year median of 19.40)
GF Value™: ₫20,353.27 vs. price of ₫20,000.00 (1.7% below fair value)
Industry Position: 11.9% above the Conglomerates median (#155 of 563)
No single metric tells the full story. See the HSTC:SJG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Song Da Corp is engaged in business include: production and trading of electricity, construction, installation and trading of real estate. It also includes activities such as General contractor for construction (EPC general contractor) and construction and installation of traffic, industrial, civil, electricity, irrigation, complex underground works; Construction and foundation treatment of works; Construction of houses of all kinds; Trading in commercial electricity; Manufacturing and trading in equipment, Construction materials; Manufacture and install industrial equipment and machinery; Investment, development and business in urban areas, industrial parks and economic zones; Renting office. The company's segments include: Industrial production Construction installation and Others.
75GF Score
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ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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