Techcom Securities JSC (STC:TCX) ROC (Joel Greenblatt) %: 9,034.68% (As of Mar. 2026) — 32% Below Median


STC:TCX Techcom Securities JSC STC:TCX
39 GF Score
Price ₫42,200.00
! 3 Warning Signs
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What is Techcom Securities JSC ROC (Joel Greenblatt) %?

Techcom Securities JSC STC:TCX -3.32% 39 ROC (Joel Greenblatt) % is 9,034.68% as of Mar. 2026, which is 32% below its 10-year median of 13,237.42. GuruFocus rates STC:TCX with a GF Score™ of 39/100. The stock has 3 warning signs investors should review. Among 628 Asset Management companies, Techcom Securities JSC ranks better than 93.15% 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. Techcom Securities JSC's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 9,034.68%.

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

STC:TCX' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 5057.59   Med: 13237.42   Max: 13530.72
Current: 5057.59

During the past 2 years, Techcom Securities JSC's highest ROC (Joel Greenblatt) % was 13530.72%. The lowest was 5057.59%. And the median was 13237.42%.

STC:TCX's ROC (Joel Greenblatt) % is ranked better than
93.15% of 628 companies
in the Asset Management industry
Industry Median: 64.34 vs STC:TCX: 5057.59

Techcom Securities JSC's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Techcom Securities JSC  (STC:TCX) 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.


Techcom Securities JSC ROC (Joel Greenblatt) % Related Terms


Techcom Securities JSC ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Techcom Securities 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.

Techcom Securities JSC ROC (Joel Greenblatt) % Chart

Techcom Securities JSC Annual Data
Trend Dec24 Dec25
ROC (Joel Greenblatt) %
12,944.12 13,530.72

Techcom Securities JSC Quarterly Data
Dec24 Mar25 Dec25 Mar26
ROC (Joel Greenblatt) % 11,133.25 14,129.27 12,235.24 9,034.68

STC:TCX vs BLK, BX, KKR: ROC (Joel Greenblatt) % Comparison

For the Asset Management subindustry, Techcom Securities 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.


Techcom Securities JSC ROC (Joel Greenblatt) % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Techcom Securities JSC's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Techcom Securities JSC's ROC (Joel Greenblatt) % falls into.


STC:TCX
39GF Score
Techcom Securities JSC STC:TCX
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
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Techcom Securities 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)
=(719653.024 + 1640.794 + 38147.775000006) - (2022929.158 + 0 + 409997.179)
=-1673484.744

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(995517.941 + 658.94 + 79299.854000002) - (1366523.919 + 0 + 371742.855)
=-662790.03899999

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Techcom Securities 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 )
=8588600.756/( ( (86985.637 + max(-1673484.744, 0)) + (103139.628 + max(-662790.03899999, 0)) )/ 2 )
=8588600.756/( ( 86985.637 + 103139.628 )/ 2 )
=8588600.756/95062.6325
=9,034.68 %

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 9,034.68% mean?
Techcom Securities JSC (STC:TCX) has a ROC (Joel Greenblatt) % of 9,034.68% 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 Techcom Securities JSC and its competitors. This is 32% below median its historical median of 13,237.42. Over the past decade, Techcom Securities JSC's ROC (Joel Greenblatt) % has ranged from 5,057.59 to 13,530.72. According to the industry distribution chart, Techcom Securities JSC ranks #43 out of 628 companies in the Asset Management industry, placing it in the top 6.8%.
Is Techcom Securities JSC's ROC (Joel Greenblatt) % too high?
Techcom Securities JSC's current ROC (Joel Greenblatt) % of 9,034.68% is 32% below median its 10-year median of 13,237.42. Over the past 10 years, this metric has ranged from a low of 5,057.59 to a high of 13,530.72. The Asset Management industry median ROC (Joel Greenblatt) % is 64.34. Techcom Securities JSC's value of 9,034.68% is 13942.1% above this industry median. Based on the distribution chart, Techcom Securities JSC ranks #43 out of 628 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Techcom Securities JSC has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does Techcom Securities JSC's ROC (Joel Greenblatt) % compare to BLK and BX?
According to the Asset Management industry distribution chart, Techcom Securities JSC ranks #43 out of 628 companies for ROC (Joel Greenblatt) %. This places Techcom Securities JSC in the top 7% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 64.34. Techcom Securities JSC's value of 9,034.68% is 13942.1% above this benchmark. Historically, Techcom Securities JSC's own ROC (Joel Greenblatt) % has ranged from 5,057.59 to 13,530.72 over the past decade. While the company's 10-year median is 13,237.42 vs. the industry median of 64.34, Techcom Securities 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 an Asset Management company?
The median ROC (Joel Greenblatt) % among Asset Management companies is 64.34, based on 628 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. Techcom Securities JSC's current ROC (Joel Greenblatt) % of 9,034.68% is 13942.1% 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 Techcom Securities JSC and its competitors. For the Asset Management industry, the median ROC (Joel Greenblatt) % is 64.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Techcom Securities JSC's current ROC (Joel Greenblatt) % is 9,034.68%, which is 32% below median its own 10-year median of 13,237.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Techcom Securities JSC stock overvalued right now?
Techcom Securities JSC (STC:TCX) has a current ROC (Joel Greenblatt) % of 9,034.68%. The current ROC (Joel Greenblatt) % is 9,034.68%, which is 32% below median its 10-year median of 13,237.42 and 13942.1% above the Asset Management industry median of 64.34. Techcom Securities JSC's overall GF Score™ is 39/100 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 Techcom Securities JSC (STC:TCX), the current ROC (Joel Greenblatt) % is 9,034.68% 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.

Techcom Securities JSC Business Description

Address No. 119 Tran Duy Hung Street, 27th, 28th and 29th Floors, Building C5 D'Capitale, Yen Hoa Ward, Hanoi, VNM
Techcom Securities JSC principal activities include securities brokerage, proprietary trading, securities investment advisory, and underwriting services.
39GF Score

Get the complete analysis for STC:TCX

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

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