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Thang Long Investment GroupHSTC:TIG +3.28%80 ROC (Joel Greenblatt) % is 7.25% as of Mar. 2026, which is 79% below its 10-year median of 35.23. GuruFocus rates HSTC:TIG with a GF Score™ of 80/100 and a GF Value™ of ₫7,466.32 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 628 Asset Management companies, Thang Long Investment Group ranks worse than 63.06% 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. Thang Long Investment Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 7.25%.
The historical rank and industry rank for Thang Long Investment Group's ROC (Joel Greenblatt) % or its related term are showing as below:
HSTC:TIG'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 9.92 Med: 35.23 Max: 99.05
Current: 9.92
During the past 7 years, Thang Long Investment Group's highest ROC (Joel Greenblatt) % was 99.05%. The lowest was 9.92%. And the median was 35.23%.
HSTC:TIG's ROC (Joel Greenblatt) % is ranked worse than 63.06% of 628
companies
in the Asset Management industry
Industry Median: 62.7
vs HSTC:TIG: 9.92
Thang Long Investment Group (HSTC:TIG) 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.
Thang Long Investment Group ROC (Joel Greenblatt) % Chart
HSTC:TIG vs BLK, BX, KKR: ROC (Joel Greenblatt) % Comparison
For the Asset Management subindustry, Thang Long Investment Group'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.
Thang Long Investment Group ROC (Joel Greenblatt) % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Thang Long Investment Group's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Thang Long Investment Group's ROC (Joel Greenblatt) % falls into.
Thang Long Investment Group 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 7.25% mean?
Thang Long Investment Group (HSTC:TIG) has a ROC (Joel Greenblatt) % of 7.25% 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 Thang Long Investment Group and its competitors. This is 79% below median its historical median of 35.23. Over the past decade, Thang Long Investment Group's ROC (Joel Greenblatt) % has ranged from 9.92 to 99.05. According to the industry distribution chart, Thang Long Investment Group ranks #396 out of 628 companies in the Asset Management industry, placing it in the top 63.1%.
Is Thang Long Investment Group's ROC (Joel Greenblatt) % too high?
Thang Long Investment Group's current ROC (Joel Greenblatt) % of 7.25% is 79% below median its 10-year median of 35.23. Over the past 10 years, this metric has ranged from a low of 9.92 to a high of 99.05. The Asset Management industry median ROC (Joel Greenblatt) % is 62.70. Thang Long Investment Group's value of 7.25% is 88.4% below this industry median. Based on the distribution chart, Thang Long Investment Group ranks #396 out of 628 companies in the Asset Management industry, which is below the industry midpoint. Overall, Thang Long Investment Group has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Thang Long Investment Group's ROC (Joel Greenblatt) % compare to BLK and BX?
According to the Asset Management industry distribution chart, Thang Long Investment Group ranks #396 out of 628 companies for ROC (Joel Greenblatt) %. This places Thang Long Investment Group in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 62.70. Thang Long Investment Group's value of 7.25% is 88.4% below this benchmark. Historically, Thang Long Investment Group's own ROC (Joel Greenblatt) % has ranged from 9.92 to 99.05 over the past decade. While the company's 10-year median is 35.23 vs. the industry median of 62.70, Thang Long Investment Group 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 Asset Management company?
The median ROC (Joel Greenblatt) % among Asset Management companies is 62.70, based on 628 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. Thang Long Investment Group's current ROC (Joel Greenblatt) % of 7.25% is 88.4% 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 Thang Long Investment Group and its competitors. For the Asset Management industry, the median ROC (Joel Greenblatt) % is 62.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thang Long Investment Group's current ROC (Joel Greenblatt) % is 7.25%, which is 79% below median its own 10-year median of 35.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thang Long Investment Group stock overvalued right now?
Based on GuruFocus' analysis, Thang Long Investment Group (HSTC:TIG) is currently considered Modestly Undervalued. The stock's GF Value™ is ₫7,466.32, compared to a current price of ₫6,300.00 — trading 15.6% below its estimated fair value. The current ROC (Joel Greenblatt) % is 7.25%, which is 79% below median its 10-year median of 35.23 and 88.4% below the Asset Management industry median of 62.70. Thang Long Investment Group's overall GF Score™ is 80/100 with 6 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 Thang Long Investment Group (HSTC:TIG), the current ROC (Joel Greenblatt) % is 7.25% 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 Thang Long Investment Group (HSTC:TIG) Overvalued in 2026?
Based on GuruFocus' analysis, Thang Long Investment Group stock appears to be undervalued.
The current stock price of ₫6,300.00 is trading 15.6% below its estimated GF Value™ of ₫7,466.32.
GuruFocus considers Thang Long Investment Group to be Modestly Undervalued.
Key valuation signals for HSTC:TIG:
ROC (Joel Greenblatt) %: 7.25% (79% below median its 10-year median of 35.23)
GF Value™: ₫7,466.32 vs. price of ₫6,300.00 (15.6% below fair value)
Industry Position: 88.4% below the Asset Management median (#396 of 628)
No single metric tells the full story. See the HSTC:TIG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thang Long Investment Group is an investment company. The company operates in the field of Real Estate, where the company has managed and owned projects. The distribution field deals with the distribution of household products such as electronics and home appliances in Vietnam, and the Retail field owns and develops electric bicycle chain stores and also distributes building materials for civil construction works and transport infrastructure. It is also involved in other sectors such as tourism, trading, and communication services in Vietnam. The Company is organized into three separate business segments, including: real estate operations, trading activities, and Provision of other services.
80GF Score
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