Song Hong Garment JSCSTC:MSH -1.19%80 ROC (Joel Greenblatt) % is 24.16% as of Mar. 2026, which is 44% below its 10-year median of 43.32. GuruFocus rates STC:MSH with a GF Score™ of 80/100 and a GF Value™ of ₫34,379.72 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,057 Manufacturing - Apparel & Accessories companies, Song Hong Garment JSC ranks better than 92.43% 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. Song Hong Garment JSC's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 24.16%.
The historical rank and industry rank for Song Hong Garment JSC's ROC (Joel Greenblatt) % or its related term are showing as below:
STC:MSH'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 31.21 Med: 43.32 Max: 62.55
Current: 46.76
During the past 8 years, Song Hong Garment JSC's highest ROC (Joel Greenblatt) % was 62.55%. The lowest was 31.21%. And the median was 43.32%.
STC:MSH's ROC (Joel Greenblatt) % is ranked better than 92.43% of 1057
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 8.42
vs STC:MSH: 46.76
Song Hong Garment JSC's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 4.70% per year.
Song Hong Garment JSC (STC:MSH) 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.
Song Hong Garment JSC ROC (Joel Greenblatt) % Related Terms
Song Hong Garment JSC ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Song Hong Garment 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.
Song Hong Garment JSC ROC (Joel Greenblatt) % Chart
STC:MSH vs RL, LEVI, VFC: ROC (Joel Greenblatt) % Comparison
For the Apparel Manufacturing subindustry, Song Hong Garment 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.
Song Hong Garment JSC ROC (Joel Greenblatt) % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Song Hong Garment JSC's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Song Hong Garment JSC's ROC (Joel Greenblatt) % falls into.
Song Hong Garment 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 24.16% mean?
Song Hong Garment JSC (STC:MSH) has a ROC (Joel Greenblatt) % of 24.16% 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 Song Hong Garment JSC and its competitors. This is 44% below median its historical median of 43.32. Over the past decade, Song Hong Garment JSC's ROC (Joel Greenblatt) % has ranged from 31.21 to 62.55. According to the industry distribution chart, Song Hong Garment JSC ranks #80 out of 1057 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 7.6%.
Is Song Hong Garment JSC's ROC (Joel Greenblatt) % too high?
Song Hong Garment JSC's current ROC (Joel Greenblatt) % of 24.16% is 44% below median its 10-year median of 43.32. Over the past 10 years, this metric has ranged from a low of 31.21 to a high of 62.55. The Manufacturing - Apparel & Accessories industry median ROC (Joel Greenblatt) % is 8.42. Song Hong Garment JSC's value of 24.16% is 186.9% above this industry median. Based on the distribution chart, Song Hong Garment JSC ranks #80 out of 1057 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Song Hong Garment JSC has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Song Hong Garment JSC's ROC (Joel Greenblatt) % compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Song Hong Garment JSC ranks #80 out of 1057 companies for ROC (Joel Greenblatt) %. This places Song Hong Garment JSC in the top 8% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 8.42. Song Hong Garment JSC's value of 24.16% is 186.9% above this benchmark. Historically, Song Hong Garment JSC's own ROC (Joel Greenblatt) % has ranged from 31.21 to 62.55 over the past decade. While the company's 10-year median is 43.32 vs. the industry median of 8.42, Song Hong Garment 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 Manufacturing - Apparel & Accessories company?
The median ROC (Joel Greenblatt) % among Manufacturing - Apparel & Accessories companies is 8.42, based on 1,057 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. Song Hong Garment JSC's current ROC (Joel Greenblatt) % of 24.16% is 186.9% 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 Song Hong Garment JSC and its competitors. For the Manufacturing - Apparel & Accessories industry, the median ROC (Joel Greenblatt) % is 8.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Song Hong Garment JSC's current ROC (Joel Greenblatt) % is 24.16%, which is 44% below median its own 10-year median of 43.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Song Hong Garment JSC stock overvalued right now?
Based on GuruFocus' analysis, Song Hong Garment JSC (STC:MSH) is currently considered Fairly Valued. The stock's GF Value™ is ₫34,379.72, compared to a current price of ₫33,100.00 — trading 3.7% below its estimated fair value. The current ROC (Joel Greenblatt) % is 24.16%, which is 44% below median its 10-year median of 43.32 and 186.9% above the Manufacturing - Apparel & Accessories industry median of 8.42. Song Hong Garment JSC's overall GF Score™ is 80/100 with 4 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 Song Hong Garment JSC (STC:MSH), the current ROC (Joel Greenblatt) % is 24.16% 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 Song Hong Garment JSC (STC:MSH) Overvalued in 2026?
Based on GuruFocus' analysis, Song Hong Garment JSC stock appears to be undervalued.
The current stock price of ₫33,100.00 is trading 3.7% below its estimated GF Value™ of ₫34,379.72.
GuruFocus considers Song Hong Garment JSC to be Fairly Valued.
Key valuation signals for STC:MSH:
ROC (Joel Greenblatt) %: 24.16% (44% below median its 10-year median of 43.32)
GF Value™: ₫34,379.72 vs. price of ₫33,100.00 (3.7% below fair value)
Industry Position: 186.9% above the Manufacturing - Apparel & Accessories median (#80 of 1057)
No single metric tells the full story. See the STC:MSH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Song Hong Garment JSC is a Vietnam-based manufacturer and distributor of garment and textile products. The company has a market presence in Vietnam and the international market. Its product offerings include bedding and all lines of clothing for men, women, and children. the principal activities includes Producing clothes for domestic market; Producing carpets, blankets; Trading on industrial products for domestic market; Sewing clothes (except for clothes made of animal leather and feather); Trading on other kinds of materials, equipments and spare parts for the garment-textile industry; Producing knitted clothes; Wholesaler of fabrics, clothes and shoes; Trading on domestic cigarettes, alcohol and cosmetics; Warehousing and storing services; and Others.
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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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