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. Ho Chi Minh City Infrastructure Investment JSC's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 33.70%.
STC:CII's ROC (Joel Greenblatt) % is ranked better than 65.93% of 1776
companies
in the Construction industry
Industry Median: 19.425
vs STC:CII: 33.49
Ho Chi Minh City Infrastructure Investment JSC (STC:CII) 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.
Ho Chi Minh City Infrastructure Investment JSC ROC (Joel Greenblatt) % Chart
Ho Chi Minh City Infrastructure Investment JSC Annual Data
STC:CII vs PWR, FIX, EME: ROC (Joel Greenblatt) % Comparison
For the Engineering & Construction subindustry, Ho Chi Minh City Infrastructure Investment 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.
Ho Chi Minh City Infrastructure Investment JSC ROC (Joel Greenblatt) % vs Construction Industry
Ho Chi Minh City Infrastructure Investment 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 33.70% mean?
Ho Chi Minh City Infrastructure Investment JSC (STC:CII) has a ROC (Joel Greenblatt) % of 33.70% 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 Ho Chi Minh City Infrastructure Investment JSC and its competitors. This is near median its historical median of 34.89. Over the past decade, Ho Chi Minh City Infrastructure Investment JSC's ROC (Joel Greenblatt) % has ranged from 12.39 to 122.87. According to the industry distribution chart, Ho Chi Minh City Infrastructure Investment JSC ranks #605 out of 1776 companies in the Construction industry, placing it in the top 34.1%.
Is Ho Chi Minh City Infrastructure Investment JSC's ROC (Joel Greenblatt) % too high?
Ho Chi Minh City Infrastructure Investment JSC's current ROC (Joel Greenblatt) % of 33.70% is near median its 10-year median of 34.89. Over the past 10 years, this metric has ranged from a low of 12.39 to a high of 122.87. The Construction industry median ROC (Joel Greenblatt) % is 19.43. Ho Chi Minh City Infrastructure Investment JSC's value of 33.70% is 73.5% above this industry median. Based on the distribution chart, Ho Chi Minh City Infrastructure Investment JSC ranks #605 out of 1776 companies in the Construction industry, which is above the industry midpoint. Overall, Ho Chi Minh City Infrastructure Investment JSC has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ho Chi Minh City Infrastructure Investment JSC's ROC (Joel Greenblatt) % compare to PWR and FIX?
According to the Construction industry distribution chart, Ho Chi Minh City Infrastructure Investment JSC ranks #605 out of 1776 companies for ROC (Joel Greenblatt) %. This puts Ho Chi Minh City Infrastructure Investment JSC in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 19.43. Ho Chi Minh City Infrastructure Investment JSC's value of 33.70% is 73.5% above this benchmark. Historically, Ho Chi Minh City Infrastructure Investment JSC's own ROC (Joel Greenblatt) % has ranged from 12.39 to 122.87 over the past decade. While the company's 10-year median is 34.89 vs. the industry median of 19.43, Ho Chi Minh City Infrastructure Investment 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 Construction company?
The median ROC (Joel Greenblatt) % among Construction companies is 19.43, based on 1,776 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. Ho Chi Minh City Infrastructure Investment JSC's current ROC (Joel Greenblatt) % of 33.70% is 73.5% 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 Ho Chi Minh City Infrastructure Investment JSC and its competitors. For the Construction industry, the median ROC (Joel Greenblatt) % is 19.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ho Chi Minh City Infrastructure Investment JSC's current ROC (Joel Greenblatt) % is 33.70%, which is near median its own 10-year median of 34.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ho Chi Minh City Infrastructure Investment JSC stock overvalued right now?
Based on GuruFocus' analysis, Ho Chi Minh City Infrastructure Investment JSC (STC:CII) is currently considered Significantly Overvalued. The stock's GF Value™ is ₫8,408.64, compared to a current price of ₫17,400.00 — trading 106.9% above its estimated fair value. The current ROC (Joel Greenblatt) % is 33.70%, which is near median its 10-year median of 34.89 and 73.5% above the Construction industry median of 19.43. Ho Chi Minh City Infrastructure Investment JSC's overall GF Score™ is 57/100 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 Ho Chi Minh City Infrastructure Investment JSC (STC:CII), the current ROC (Joel Greenblatt) % is 33.70% 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 Ho Chi Minh City Infrastructure Investment JSC (STC:CII) Overvalued in 2026?
Based on GuruFocus' analysis, Ho Chi Minh City Infrastructure Investment JSC stock appears to be overvalued.
The current stock price of ₫17,400.00 is trading 106.9% above its estimated GF Value™ of ₫8,408.64.
GuruFocus considers Ho Chi Minh City Infrastructure Investment JSC to be Significantly Overvalued.
Key valuation signals for STC:CII:
ROC (Joel Greenblatt) %: 33.70% (near median its 10-year median of 34.89)
GF Value™: ₫8,408.64 vs. price of ₫17,400.00 (106.9% above fair value)
Industry Position: 73.5% above the Construction median (#605 of 1776)
No single metric tells the full story. See the STC:CII stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ho Chi Minh City Infrastructure Investment JSC Business Description
Ho Chi Minh City Infrastructure Investment JSC engages in construction, development, and operation of infrastructure projects. The investment activities of the company include bridge and road, water, and real estate. Some of the projects of the company include Hanoi highway expansion phrase 2, Saigon 2 bridge, rach chiec bridge, rach mieu bridge phrase 2, tan hiep 2 water plant project, diamond riverside building project, and lu gia building project.
57GF Score
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