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. Viet Nam Forestry Joint Stock Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 85.17%.
The historical rank and industry rank for Viet Nam Forestry Joint Stock Co's ROC (Joel Greenblatt) % or its related term are showing as below:
HSTC:VIF'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 24.87 Med: 32.23 Max: 53.22
Current: 53.22
During the past 7 years, Viet Nam Forestry Joint Stock Co's highest ROC (Joel Greenblatt) % was 53.22%. The lowest was 24.87%. And the median was 32.23%.
HSTC:VIF's ROC (Joel Greenblatt) % is ranked better than 96.14% of 285
companies
in the Forest Products industry
Industry Median: 4.56
vs HSTC:VIF: 53.22
Viet Nam Forestry Joint Stock Co (HSTC:VIF) 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.
Viet Nam Forestry Joint Stock Co ROC (Joel Greenblatt) % Chart
HSTC:VIF vs SSD, UFPI, BCC: ROC (Joel Greenblatt) % Comparison
For the Lumber & Wood Production subindustry, Viet Nam Forestry Joint Stock Co'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.
Viet Nam Forestry Joint Stock Co ROC (Joel Greenblatt) % vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, Viet Nam Forestry Joint Stock Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Viet Nam Forestry Joint Stock Co's ROC (Joel Greenblatt) % falls into.
Viet Nam Forestry Joint Stock Co 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 85.17% mean?
Viet Nam Forestry Joint Stock Co (HSTC:VIF) has a ROC (Joel Greenblatt) % of 85.17% 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 Viet Nam Forestry Joint Stock Co and its competitors. This is 164% above median its historical median of 32.23. Over the past decade, Viet Nam Forestry Joint Stock Co's ROC (Joel Greenblatt) % has ranged from 24.87 to 53.22. According to the industry distribution chart, Viet Nam Forestry Joint Stock Co ranks #11 out of 285 companies in the Forest Products industry, placing it in the top 3.9%.
Is Viet Nam Forestry Joint Stock Co's ROC (Joel Greenblatt) % too high?
Viet Nam Forestry Joint Stock Co's current ROC (Joel Greenblatt) % of 85.17% is 164% above median its 10-year median of 32.23. Over the past 10 years, this metric has ranged from a low of 24.87 to a high of 53.22. The Forest Products industry median ROC (Joel Greenblatt) % is 4.56. Viet Nam Forestry Joint Stock Co's value of 85.17% is 1767.8% above this industry median. Based on the distribution chart, Viet Nam Forestry Joint Stock Co ranks #11 out of 285 companies in the Forest Products industry, which is in the top quartile — a strong position relative to peers. Overall, Viet Nam Forestry Joint Stock Co has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Viet Nam Forestry Joint Stock Co's ROC (Joel Greenblatt) % compare to SSD and UFPI?
According to the Forest Products industry distribution chart, Viet Nam Forestry Joint Stock Co ranks #11 out of 285 companies for ROC (Joel Greenblatt) %. This places Viet Nam Forestry Joint Stock Co in the top 4% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 4.56. Viet Nam Forestry Joint Stock Co's value of 85.17% is 1767.8% above this benchmark. Historically, Viet Nam Forestry Joint Stock Co's own ROC (Joel Greenblatt) % has ranged from 24.87 to 53.22 over the past decade. While the company's 10-year median is 32.23 vs. the industry median of 4.56, Viet Nam Forestry Joint Stock Co 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 Forest Products company?
The median ROC (Joel Greenblatt) % among Forest Products companies is 4.56, based on 285 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. Viet Nam Forestry Joint Stock Co's current ROC (Joel Greenblatt) % of 85.17% is 1767.8% 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 Viet Nam Forestry Joint Stock Co and its competitors. For the Forest Products industry, the median ROC (Joel Greenblatt) % is 4.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Viet Nam Forestry Joint Stock Co's current ROC (Joel Greenblatt) % is 85.17%, which is 164% above median its own 10-year median of 32.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Viet Nam Forestry Joint Stock Co stock overvalued right now?
Based on GuruFocus' analysis, Viet Nam Forestry Joint Stock Co (HSTC:VIF) is currently considered Modestly Undervalued. The stock's GF Value™ is ₫19,579.77, compared to a current price of ₫16,000.00 — trading 18.3% below its estimated fair value. The current ROC (Joel Greenblatt) % is 85.17%, which is 164% above median its 10-year median of 32.23 and 1767.8% above the Forest Products industry median of 4.56. Viet Nam Forestry Joint Stock Co's overall GF Score™ is 70/100 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 Viet Nam Forestry Joint Stock Co (HSTC:VIF), the current ROC (Joel Greenblatt) % is 85.17% 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 Viet Nam Forestry Joint Stock Co (HSTC:VIF) Overvalued in 2026?
Based on GuruFocus' analysis, Viet Nam Forestry Joint Stock Co stock appears to be undervalued.
The current stock price of ₫16,000.00 is trading 18.3% below its estimated GF Value™ of ₫19,579.77.
GuruFocus considers Viet Nam Forestry Joint Stock Co to be Modestly Undervalued.
Key valuation signals for HSTC:VIF:
ROC (Joel Greenblatt) %: 85.17% (164% above median its 10-year median of 32.23)
GF Value™: ₫19,579.77 vs. price of ₫16,000.00 (18.3% below fair value)
Industry Position: 1767.8% above the Forest Products median (#11 of 285)
No single metric tells the full story. See the HSTC:VIF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Viet Nam Forestry Joint Stock Co Business Description
Viet Nam Forestry Corp Joint Stock Co principal activities are Cultivation, seeding, planting for wood; Logging; Exploiting other forest products from wood; Collecting products from forest other than wood and other forest products; Providing forestry services; Sawing, shaving and preserving wood; Producing plywood, veneer and other kinds of thin fiberboard; Producing wooden products for construction; Producing wooden package; Producing other wooden products, producing handicrafts from bamboo, straw and plaiting material; Making beds, wardrobes, tables, chairs; and Other activities. The business segment is derived mainly from sales of wood products (from afforestation, commercial activities, and processing) and from property rental. It has only one geographic segment in Vietnam.
70GF 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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