Nam Mekong Group JSC (HSTC:VC3) ROC (Joel Greenblatt) %: 9.58% (As of Mar. 2026) — 32% Below Median


HSTC:VC3 Nam Mekong Group JSC HSTC:VC3
34 GF Score
Price ₫26,800.00
! 7 Warning Signs
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What is Nam Mekong Group JSC ROC (Joel Greenblatt) %?

Nam Mekong Group JSC HSTC:VC3 -0.74% 34 ROC (Joel Greenblatt) % is 9.58% as of Mar. 2026, which is 32% below its 10-year median of 14.12. GuruFocus rates HSTC:VC3 with a GF Score™ of 34/100. The stock has 7 warning signs investors should review. Among 1,750 Real Estate companies, Nam Mekong Group JSC ranks better than 53.14% 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. Nam Mekong Group JSC's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 9.58%.

The historical rank and industry rank for Nam Mekong Group JSC's ROC (Joel Greenblatt) % or its related term are showing as below:

HSTC:VC3' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 9.05   Med: 14.12   Max: 15.61
Current: 15.61

During the past 3 years, Nam Mekong Group JSC's highest ROC (Joel Greenblatt) % was 15.61%. The lowest was 9.05%. And the median was 14.12%.

HSTC:VC3's ROC (Joel Greenblatt) % is ranked better than
53.14% of 1750 companies
in the Real Estate industry
Industry Median: 12.52 vs HSTC:VC3: 15.61

Nam Mekong Group JSC's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Nam Mekong Group JSC  (HSTC:VC3) 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.


Nam Mekong Group JSC ROC (Joel Greenblatt) % Related Terms


Nam Mekong Group JSC ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Nam Mekong Group 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.

Nam Mekong Group JSC ROC (Joel Greenblatt) % Chart

Nam Mekong Group JSC Annual Data
Trend Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
14.92 9.05 14.12

Nam Mekong Group JSC Quarterly Data
Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.07 38.31 4.69 10.30 9.58

Nam Mekong Group JSC ROC (Joel Greenblatt) % Competitor Comparison

For the Real Estate - Development subindustry, Nam Mekong Group 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.


Nam Mekong Group JSC ROC (Joel Greenblatt) % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Nam Mekong Group JSC's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Nam Mekong Group JSC's ROC (Joel Greenblatt) % falls into.


HSTC:VC3
34GF Score
Nam Mekong Group JSC HSTC:VC3
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
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Nam Mekong Group 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. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(11939.581 + 1715397.082 + 290160.422) - (825726.439 + 0 + 210848.984)
=980921.662

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(7272.614 + 1727508.904 + 351167.657) - (802679.855 + 0 + 216280.18)
=1066989.14

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Nam Mekong Group JSC for the quarter that ended in Mar. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=99504.564/( ( (14877.272 + max(980921.662, 0)) + (15442.257 + max(1066989.14, 0)) )/ 2 )
=99504.564/( ( 995798.934 + 1082431.397 )/ 2 )
=99504.564/1039115.1655
=9.58 %

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 9.58% mean?
Nam Mekong Group JSC (HSTC:VC3) has a ROC (Joel Greenblatt) % of 9.58% 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 Nam Mekong Group JSC and its competitors. This is 32% below median its historical median of 14.12. Over the past decade, Nam Mekong Group JSC's ROC (Joel Greenblatt) % has ranged from 9.05 to 15.61. According to the industry distribution chart, Nam Mekong Group JSC ranks #820 out of 1750 companies in the Real Estate industry, placing it in the top 46.9%.
Is Nam Mekong Group JSC's ROC (Joel Greenblatt) % too high?
Nam Mekong Group JSC's current ROC (Joel Greenblatt) % of 9.58% is 32% below median its 10-year median of 14.12. Over the past 10 years, this metric has ranged from a low of 9.05 to a high of 15.61. The Real Estate industry median ROC (Joel Greenblatt) % is 12.52. Nam Mekong Group JSC's value of 9.58% is 23.5% below this industry median. Based on the distribution chart, Nam Mekong Group JSC ranks #820 out of 1750 companies in the Real Estate industry, which is above the industry midpoint. Overall, Nam Mekong Group JSC has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Nam Mekong Group JSC's ROC (Joel Greenblatt) % compare to competitors?
According to the Real Estate industry distribution chart, Nam Mekong Group JSC ranks #820 out of 1750 companies for ROC (Joel Greenblatt) %. This puts Nam Mekong Group JSC in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 12.52. Nam Mekong Group JSC's value of 9.58% is 23.5% below this benchmark. Historically, Nam Mekong Group JSC's own ROC (Joel Greenblatt) % has ranged from 9.05 to 15.61 over the past decade. While the company's 10-year median is 14.12 vs. the industry median of 12.52, Nam Mekong Group 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 a Real Estate company?
The median ROC (Joel Greenblatt) % among Real Estate companies is 12.52, based on 1,750 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. Nam Mekong Group JSC's current ROC (Joel Greenblatt) % of 9.58% is 23.5% 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 Nam Mekong Group JSC and its competitors. For the Real Estate industry, the median ROC (Joel Greenblatt) % is 12.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nam Mekong Group JSC's current ROC (Joel Greenblatt) % is 9.58%, which is 32% below median its own 10-year median of 14.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nam Mekong Group JSC stock overvalued right now?
Nam Mekong Group JSC (HSTC:VC3) has a current ROC (Joel Greenblatt) % of 9.58%. The current ROC (Joel Greenblatt) % is 9.58%, which is 32% below median its 10-year median of 14.12 and 23.5% below the Real Estate industry median of 12.52. Nam Mekong Group JSC's overall GF Score™ is 34/100 with 7 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 Nam Mekong Group JSC (HSTC:VC3), the current ROC (Joel Greenblatt) % is 9.58% 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.

Nam Mekong Group JSC Business Description

Address 36 Hoang Cau, 11th Floor, Geleximco Building, O Cho Dua Ward, Dong Da District, Hanoi, VNM
Nam Mekong Group JSC is engaged in real estate development and operations. It also invests in and develops urban, industrial, and resort real estate properties, as well as invests in renewable energy and seaport logistics projects.
34GF 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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