Sunshine Homes Development JSCHSTC:SSH 51 ROC (Joel Greenblatt) % is 166.01% as of Mar. 2026, which is 3% below its 10-year median of 170.42. GuruFocus rates HSTC:SSH with a GF Score™ of 51/100 and a GF Value™ of ₫28,615.79 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,751 Real Estate companies, Sunshine Homes Development JSC ranks better than 67.85% 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. Sunshine Homes Development JSC's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 166.01%.
The historical rank and industry rank for Sunshine Homes Development JSC's ROC (Joel Greenblatt) % or its related term are showing as below:
HSTC:SSH'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 3.28 Med: 170.42 Max: 446.73
Current: 40
During the past 5 years, Sunshine Homes Development JSC's highest ROC (Joel Greenblatt) % was 446.73%. The lowest was 3.28%. And the median was 170.42%.
HSTC:SSH's ROC (Joel Greenblatt) % is ranked better than 67.85% of 1751
companies
in the Real Estate industry
Industry Median: 12.62
vs HSTC:SSH: 40.00
Sunshine Homes Development JSC (HSTC:SSH) 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.
Sunshine Homes Development JSC ROC (Joel Greenblatt) % Chart
Sunshine Homes Development JSC ROC (Joel Greenblatt) % Competitor Comparison
For the Real Estate - Development subindustry, Sunshine Homes Development 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.
Sunshine Homes Development JSC ROC (Joel Greenblatt) % vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Sunshine Homes Development JSC's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Sunshine Homes Development JSC's ROC (Joel Greenblatt) % falls into.
Sunshine Homes Development 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 166.01% mean?
Sunshine Homes Development JSC (HSTC:SSH) has a ROC (Joel Greenblatt) % of 166.01% 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 Sunshine Homes Development JSC and its competitors. This is near median its historical median of 170.42. Over the past decade, Sunshine Homes Development JSC's ROC (Joel Greenblatt) % has ranged from 3.28 to 446.73. According to the industry distribution chart, Sunshine Homes Development JSC ranks #563 out of 1751 companies in the Real Estate industry, placing it in the top 32.2%.
Is Sunshine Homes Development JSC's ROC (Joel Greenblatt) % too high?
Sunshine Homes Development JSC's current ROC (Joel Greenblatt) % of 166.01% is near median its 10-year median of 170.42. Over the past 10 years, this metric has ranged from a low of 3.28 to a high of 446.73. The Real Estate industry median ROC (Joel Greenblatt) % is 12.62. Sunshine Homes Development JSC's value of 166.01% is 1215.5% above this industry median. Based on the distribution chart, Sunshine Homes Development JSC ranks #563 out of 1751 companies in the Real Estate industry, which is above the industry midpoint. Overall, Sunshine Homes Development JSC has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sunshine Homes Development JSC's ROC (Joel Greenblatt) % compare to competitors?
According to the Real Estate industry distribution chart, Sunshine Homes Development JSC ranks #563 out of 1751 companies for ROC (Joel Greenblatt) %. This puts Sunshine Homes Development JSC in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 12.62. Sunshine Homes Development JSC's value of 166.01% is 1215.5% above this benchmark. Historically, Sunshine Homes Development JSC's own ROC (Joel Greenblatt) % has ranged from 3.28 to 446.73 over the past decade. While the company's 10-year median is 170.42 vs. the industry median of 12.62, Sunshine Homes Development 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 Real Estate company?
The median ROC (Joel Greenblatt) % among Real Estate companies is 12.62, based on 1,751 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. Sunshine Homes Development JSC's current ROC (Joel Greenblatt) % of 166.01% is 1215.5% 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 Sunshine Homes Development JSC and its competitors. For the Real Estate industry, the median ROC (Joel Greenblatt) % is 12.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sunshine Homes Development JSC's current ROC (Joel Greenblatt) % is 166.01%, which is near median its own 10-year median of 170.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sunshine Homes Development JSC stock overvalued right now?
Based on GuruFocus' analysis, Sunshine Homes Development JSC (HSTC:SSH) is currently considered Significantly Overvalued. The stock's GF Value™ is ₫28,615.79, compared to a current price of ₫61,700.00 — trading 115.6% above its estimated fair value. The current ROC (Joel Greenblatt) % is 166.01%, which is near median its 10-year median of 170.42 and 1215.5% above the Real Estate industry median of 12.62. Sunshine Homes Development JSC's overall GF Score™ is 51/100 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 Sunshine Homes Development JSC (HSTC:SSH), the current ROC (Joel Greenblatt) % is 166.01% 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 Sunshine Homes Development JSC (HSTC:SSH) Overvalued in 2026?
Based on GuruFocus' analysis, Sunshine Homes Development JSC stock appears to be overvalued.
The current stock price of ₫61,700.00 is trading 115.6% above its estimated GF Value™ of ₫28,615.79.
GuruFocus considers Sunshine Homes Development JSC to be Significantly Overvalued.
Key valuation signals for HSTC:SSH:
ROC (Joel Greenblatt) %: 166.01% (near median its 10-year median of 170.42)
GF Value™: ₫28,615.79 vs. price of ₫61,700.00 (115.6% above fair value)
Industry Position: 1215.5% above the Real Estate median (#563 of 1751)
No single metric tells the full story. See the HSTC:SSH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sunshine Homes Development JSC Business Description
Sunshine Homes Development JSC is engaged in the development and trading of real estate projects, motor vehicle rental, and management consultancy activities. The Company also conducts real estate business, including land use rights owned, used or leased, finishing of construction works, construction of residential and non-residential buildings, and real estate consultancy, brokerage, and management services. Its projects include Sunshine Marina Mui Ne - Hilltop Hotels & Resorts in Mui Ne Ward, Lam Dong Province; Sunshine Golf & Resort Lang Co in Lang Co, Hue; Noble Palace Tay Thang Long in O Dien, Hanoi City; Noble Palace Garden in Dan Phuong, Hanoi City; Noble Crystal Tay Ho WorldHotels Residence in Phu Thuong Ward, Hanoi City; and Noble Palace Tay Ho in Phu Thuong Ward, Hanoi City.
51GF Score
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