Hai An Transport and Stevedoring JSC (STC:HAH) ROC (Joel Greenblatt) %: 37.25% (As of Mar. 2026) — 60% Above Median

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STC:HAH Hai An Transport and Stevedoring JSC STC:HAH
94 GF Score
Price ₫50,800.00
GF Value ₫60,315.26
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Hai An Transport and Stevedoring JSC ROC (Joel Greenblatt) %?

Hai An Transport and Stevedoring JSC STC:HAH -1.36% 94 ROC (Joel Greenblatt) % is 37.25% as of Mar. 2026, which is 60% above its 10-year median of 23.28. GuruFocus rates STC:HAH with a GF Score™ of 94/100 and a GF Value™ of ₫60,315.26 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 997 Transportation companies, Hai An Transport and Stevedoring JSC ranks better than 87.16% 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. Hai An Transport and Stevedoring JSC's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 37.25%.

The historical rank and industry rank for Hai An Transport and Stevedoring JSC's ROC (Joel Greenblatt) % or its related term are showing as below:

STC:HAH' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 15.43   Med: 23.28   Max: 54.3
Current: 37.7

During the past 8 years, Hai An Transport and Stevedoring JSC's highest ROC (Joel Greenblatt) % was 54.30%. The lowest was 15.43%. And the median was 23.28%.

STC:HAH's ROC (Joel Greenblatt) % is ranked better than
87.16% of 997 companies
in the Transportation industry
Industry Median: 11.75 vs STC:HAH: 37.70

Hai An Transport and Stevedoring JSC's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 2.60% per year.


Hai An Transport and Stevedoring JSC  (STC:HAH) 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.


Hai An Transport and Stevedoring JSC ROC (Joel Greenblatt) % Related Terms


Hai An Transport and Stevedoring JSC ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Hai An Transport and Stevedoring 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.

Hai An Transport and Stevedoring JSC ROC (Joel Greenblatt) % Chart

Hai An Transport and Stevedoring JSC Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial 45.73 54.30 15.43 25.46 37.39

Hai An Transport and Stevedoring 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 29.40 41.79 34.80 36.09 37.25

Hai An Transport and Stevedoring JSC ROC (Joel Greenblatt) % Competitor Comparison

For the Marine Shipping subindustry, Hai An Transport and Stevedoring 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.


Hai An Transport and Stevedoring JSC ROC (Joel Greenblatt) % vs Transportation Industry

For the Transportation industry and Industrials sector, Hai An Transport and Stevedoring JSC's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Hai An Transport and Stevedoring JSC's ROC (Joel Greenblatt) % falls into.


STC:HAH
94GF Score
Hai An Transport and Stevedoring JSC STC:HAH
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hai An Transport and Stevedoring 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)
=(403407.806 + 155247.312 + 161560.307) - (590343.651 + 0 + 212541.195)
=-82669.421

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(341695.455 + 163093.483 + 120858.17) - (414133.177 + 0 + 214064.602)
=-2550.6709999997

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Hai An Transport and Stevedoring 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 )
=1873700.7/( ( (5130843.675 + max(-82669.421, 0)) + (4929522.883 + max(-2550.6709999997, 0)) )/ 2 )
=1873700.7/( ( 5130843.675 + 4929522.883 )/ 2 )
=1873700.7/5030183.279
=37.25 %

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 37.25% mean?
Hai An Transport and Stevedoring JSC (STC:HAH) has a ROC (Joel Greenblatt) % of 37.25% 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 Hai An Transport and Stevedoring JSC and its competitors. This is 60% above median its historical median of 23.28. Over the past decade, Hai An Transport and Stevedoring JSC's ROC (Joel Greenblatt) % has ranged from 15.43 to 54.30. According to the industry distribution chart, Hai An Transport and Stevedoring JSC ranks #128 out of 997 companies in the Transportation industry, placing it in the top 12.8%.
Is Hai An Transport and Stevedoring JSC's ROC (Joel Greenblatt) % too high?
Hai An Transport and Stevedoring JSC's current ROC (Joel Greenblatt) % of 37.25% is 60% above median its 10-year median of 23.28. Over the past 10 years, this metric has ranged from a low of 15.43 to a high of 54.30. The Transportation industry median ROC (Joel Greenblatt) % is 11.75. Hai An Transport and Stevedoring JSC's value of 37.25% is 217% above this industry median. Based on the distribution chart, Hai An Transport and Stevedoring JSC ranks #128 out of 997 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Hai An Transport and Stevedoring JSC has a GF Score™ of 94/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hai An Transport and Stevedoring JSC's ROC (Joel Greenblatt) % compare to competitors?
According to the Transportation industry distribution chart, Hai An Transport and Stevedoring JSC ranks #128 out of 997 companies for ROC (Joel Greenblatt) %. This places Hai An Transport and Stevedoring JSC in the top 13% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 11.75. Hai An Transport and Stevedoring JSC's value of 37.25% is 217% above this benchmark. Historically, Hai An Transport and Stevedoring JSC's own ROC (Joel Greenblatt) % has ranged from 15.43 to 54.30 over the past decade. While the company's 10-year median is 23.28 vs. the industry median of 11.75, Hai An Transport and Stevedoring 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 Transportation company?
The median ROC (Joel Greenblatt) % among Transportation companies is 11.75, based on 997 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. Hai An Transport and Stevedoring JSC's current ROC (Joel Greenblatt) % of 37.25% is 217% 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 Hai An Transport and Stevedoring JSC and its competitors. For the Transportation industry, the median ROC (Joel Greenblatt) % is 11.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hai An Transport and Stevedoring JSC's current ROC (Joel Greenblatt) % is 37.25%, which is 60% above median its own 10-year median of 23.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hai An Transport and Stevedoring JSC stock overvalued right now?
Based on GuruFocus' analysis, Hai An Transport and Stevedoring JSC (STC:HAH) is currently considered Modestly Undervalued. The stock's GF Value™ is ₫60,315.26, compared to a current price of ₫50,800.00 — trading 15.8% below its estimated fair value. The current ROC (Joel Greenblatt) % is 37.25%, which is 60% above median its 10-year median of 23.28 and 217% above the Transportation industry median of 11.75. Hai An Transport and Stevedoring JSC's overall GF Score™ is 94/100 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 Hai An Transport and Stevedoring JSC (STC:HAH), the current ROC (Joel Greenblatt) % is 37.25% 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 Hai An Transport and Stevedoring JSC (STC:HAH) Overvalued in 2026?

Based on GuruFocus' analysis, Hai An Transport and Stevedoring JSC stock appears to be undervalued. The current stock price of ₫50,800.00 is trading 15.8% below its estimated GF Value™ of ₫60,315.26. GuruFocus considers Hai An Transport and Stevedoring JSC to be Modestly Undervalued.

Key valuation signals for STC:HAH:

  • ROC (Joel Greenblatt) %: 37.25% (60% above median its 10-year median of 23.28)
  • GF Value™: ₫60,315.26 vs. price of ₫50,800.00 (15.8% below fair value)
  • GF Score™: 94/100 with 3 warning signs
  • Industry Position: 217% above the Transportation median (#128 of 997)

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


Hai An Transport and Stevedoring JSC Business Description

Address No. 45 Trieu Viet Vuong, 7th Floor, Nguyen Du Ward, Hai Ba Trung District, Hanoi, VNM
Hai An Transport and Stevedoring JSC is engaged in the transportation and storage of goods through vessels. It is involved in Domestic, coastal and marine freight transport services, Seaport cargo stevedoring; Road transportation, direct support services for marine transportation, and other transport-related support services. The company is also engaged in warehousing leasing, and maritime transportation.
94GF Score

Get the complete analysis for STC:HAH

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

₫50,800.00
Price
₫60,315.26
GF Value