The Southern Rubber Industry JSC (STC:CSM) ROC (Joel Greenblatt) %: 9.22% (As of Mar. 2026) — 38% Above Median


STC:CSM The Southern Rubber Industry JSC STC:CSM
66 GF Score
Price ₫12,650.00
GF Value ₫12,389.12
Valuation Fairly Valued
! 6 Warning Signs
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What is The Southern Rubber Industry JSC ROC (Joel Greenblatt) %?

The Southern Rubber Industry JSC STC:CSM 66 ROC (Joel Greenblatt) % is 9.22% as of Mar. 2026, which is 38% above its 10-year median of 6.70. GuruFocus rates STC:CSM with a GF Score™ of 66/100 and a GF Value™ of ₫12,389.12 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,336 Vehicles & Parts companies, The Southern Rubber Industry JSC ranks worse than 67.51% 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. The Southern Rubber Industry JSC's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 9.22%.

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

STC:CSM' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 4.53   Med: 6.7   Max: 14.82
Current: 6.1

During the past 13 years, The Southern Rubber Industry JSC's highest ROC (Joel Greenblatt) % was 14.82%. The lowest was 4.53%. And the median was 6.70%.

STC:CSM's ROC (Joel Greenblatt) % is ranked worse than
67.51% of 1336 companies
in the Vehicles & Parts industry
Industry Median: 11.97 vs STC:CSM: 6.10

The Southern Rubber Industry JSC's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -3.40% per year.


The Southern Rubber Industry JSC  (STC:CSM) 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.


The Southern Rubber Industry JSC ROC (Joel Greenblatt) % Related Terms


The Southern Rubber Industry JSC ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for The Southern Rubber Industry 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.

The Southern Rubber Industry JSC ROC (Joel Greenblatt) % Chart

The Southern Rubber Industry JSC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.52 6.80 7.28 6.81 5.61

The Southern Rubber Industry JSC Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.84 6.31 7.88 1.10 9.22

STC:CSM vs ORLY, AZO, GPC: ROC (Joel Greenblatt) % Comparison

For the Auto Parts subindustry, The Southern Rubber Industry 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.


The Southern Rubber Industry JSC ROC (Joel Greenblatt) % vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, The Southern Rubber Industry JSC's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where The Southern Rubber Industry JSC's ROC (Joel Greenblatt) % falls into.


STC:CSM
66GF Score
The Southern Rubber Industry JSC STC:CSM
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

The Southern Rubber Industry 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)
=(524900.193 + 1323307.659 + 340821.643) - (405392.981 + 0 + 190637.942)
=1592998.572

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(580388.067 + 1298133.481 + 400993.777) - (287789.803 + 0 + 166205.41)
=1825520.112

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of The Southern Rubber Industry 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 )
=227238.012/( ( (755967.322 + max(1592998.572, 0)) + (756903.459 + max(1825520.112, 0)) )/ 2 )
=227238.012/( ( 2348965.894 + 2582423.571 )/ 2 )
=227238.012/2465694.7325
=9.22 %

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 9.22% mean?
The Southern Rubber Industry JSC (STC:CSM) has a ROC (Joel Greenblatt) % of 9.22% 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 The Southern Rubber Industry JSC and its competitors. This is 38% above median its historical median of 6.70. Over the past decade, The Southern Rubber Industry JSC's ROC (Joel Greenblatt) % has ranged from 4.53 to 14.82. According to the industry distribution chart, The Southern Rubber Industry JSC ranks #902 out of 1336 companies in the Vehicles & Parts industry, placing it in the top 67.5%.
Is The Southern Rubber Industry JSC's ROC (Joel Greenblatt) % too high?
The Southern Rubber Industry JSC's current ROC (Joel Greenblatt) % of 9.22% is 38% above median its 10-year median of 6.70. Over the past 10 years, this metric has ranged from a low of 4.53 to a high of 14.82. The Vehicles & Parts industry median ROC (Joel Greenblatt) % is 11.97. The Southern Rubber Industry JSC's value of 9.22% is 23% below this industry median. Based on the distribution chart, The Southern Rubber Industry JSC ranks #902 out of 1336 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, The Southern Rubber Industry JSC has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does The Southern Rubber Industry JSC's ROC (Joel Greenblatt) % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, The Southern Rubber Industry JSC ranks #902 out of 1336 companies for ROC (Joel Greenblatt) %. This places The Southern Rubber Industry JSC in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 11.97. The Southern Rubber Industry JSC's value of 9.22% is 23% below this benchmark. Historically, The Southern Rubber Industry JSC's own ROC (Joel Greenblatt) % has ranged from 4.53 to 14.82 over the past decade. While the company's 10-year median is 6.70 vs. the industry median of 11.97, The Southern Rubber Industry 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 Vehicles & Parts company?
The median ROC (Joel Greenblatt) % among Vehicles & Parts companies is 11.97, based on 1,336 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. The Southern Rubber Industry JSC's current ROC (Joel Greenblatt) % of 9.22% is 23% 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 The Southern Rubber Industry JSC and its competitors. For the Vehicles & Parts industry, the median ROC (Joel Greenblatt) % is 11.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Southern Rubber Industry JSC's current ROC (Joel Greenblatt) % is 9.22%, which is 38% above median its own 10-year median of 6.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Southern Rubber Industry JSC stock overvalued right now?
Based on GuruFocus' analysis, The Southern Rubber Industry JSC (STC:CSM) is currently considered Fairly Valued. The stock's GF Value™ is ₫12,389.12, compared to a current price of ₫12,650.00 — trading 2.1% above its estimated fair value. The current ROC (Joel Greenblatt) % is 9.22%, which is 38% above median its 10-year median of 6.70 and 23% below the Vehicles & Parts industry median of 11.97. The Southern Rubber Industry JSC's overall GF Score™ is 66/100 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 The Southern Rubber Industry JSC (STC:CSM), the current ROC (Joel Greenblatt) % is 9.22% 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 The Southern Rubber Industry JSC (STC:CSM) Overvalued in 2026?

Based on GuruFocus' analysis, The Southern Rubber Industry JSC stock appears to be overvalued. The current stock price of ₫12,650.00 is trading 2.1% above its estimated GF Value™ of ₫12,389.12. GuruFocus considers The Southern Rubber Industry JSC to be Fairly Valued.

Key valuation signals for STC:CSM:

  • ROC (Joel Greenblatt) %: 9.22% (38% above median its 10-year median of 6.70)
  • GF Value™: ₫12,389.12 vs. price of ₫12,650.00 (2.1% above fair value)
  • GF Score™: 66/100 with 6 warning signs
  • Industry Position: 23% below the Vehicles & Parts median (#902 of 1336)

No single metric tells the full story. See the STC:CSM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


The Southern Rubber Industry JSC Business Description

Address 180 Nguyen Thi Minh Khai, Ward 6, District 3, Ho Chi Minh, VNM
The Southern Rubber Industry JSC is a Vietnam-based manufacturer and seller of tires and tubes. The company offers trucks and light trucks tires and tubes, motorcycle tires and tubes, passenger car radial tires, bicycle tires and tubes, industrial tires and tubes, electric vehicle tires and tubes, specific tires and tubes, and other products. The organization has a business presence in Vietnam and other countries.
66GF Score

Get the complete analysis for STC:CSM

ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₫12,650.00
Price
₫12,389.12
GF Value