Thang Long Urban Development and Construction Investment JSC (STC:TLD) ROC (Joel Greenblatt) %: 0.00% (As of . 20)


What is Thang Long Urban Development and Construction Investment JSC ROC (Joel Greenblatt) %?

Thang Long Urban Development and Construction Investment JSC STC:TLD ROC (Joel Greenblatt) % is 0.00% as of . 20. The stock has 1 warning sign investors should review. Among 560 Conglomerates companies, Thang Long Urban Development and Construction Investment JSC ranks worse than 178571.25% 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. Thang Long Urban Development and Construction Investment JSC's annualized ROC (Joel Greenblatt) % for the quarter that ended in . 20 was 0.00%.

The historical rank and industry rank for Thang Long Urban Development and Construction Investment JSC's ROC (Joel Greenblatt) % or its related term are showing as below:

STC:TLD's ROC (Joel Greenblatt) % is not ranked *
in the Conglomerates industry.
Industry Median: 14.68
* Ranked among companies with meaningful ROC (Joel Greenblatt) % only.

Thang Long Urban Development and Construction Investment JSC's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.

Thang Long Urban Development and Construction Investment JSC  (STC:TLD) 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.

Thang Long Urban Development and Construction Investment JSC ROC (Joel Greenblatt) % Related Terms

Thang Long Urban Development and Construction Investment JSC ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Thang Long Urban Development and Construction Investment 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.

Thang Long Urban Development and Construction Investment JSC ROC (Joel Greenblatt) % Chart

Thang Long Urban Development and Construction Investment JSC Annual Data
Trend
ROC (Joel Greenblatt) %

Thang Long Urban Development and Construction Investment JSC Semi-Annual Data
ROC (Joel Greenblatt) %

STC:TLD vs LWLW, CHZP, AIKO: ROC (Joel Greenblatt) % Comparison

For the Conglomerates subindustry, Thang Long Urban Development and Construction 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.

Thang Long Urban Development and Construction Investment JSC ROC (Joel Greenblatt) % vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Thang Long Urban Development and Construction Investment JSC's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Thang Long Urban Development and Construction Investment JSC's ROC (Joel Greenblatt) % falls into.


Thang Long Urban Development and Construction 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:

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: . 20 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=( + + ) - ( + + )
=

Working Capital(Q: . 20 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=( + + ) - ( + + )
=

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Thang Long Urban Development and Construction Investment JSC for the quarter that ended in . 20 can be restated as:

ROC (Joel Greenblatt) %(Q: . 20 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: . 20  Q: . 20
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=/( ( ( + max(, 0)) + ( + max(, 0)) )/ )
=/( ( + )/ )
=/
= %

Note: The EBIT data used here is one times the annual (. 20) 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 0.00% mean?
Thang Long Urban Development and Construction Investment JSC (STC:TLD) has a ROC (Joel Greenblatt) % of 0.00% as of . 20. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Thang Long Urban Development and Construction Investment JSC and its competitors. According to the industry distribution chart, Thang Long Urban Development and Construction Investment JSC ranks #999999 out of 560 companies in the Conglomerates industry.
Is Thang Long Urban Development and Construction Investment JSC's ROC (Joel Greenblatt) % too high?
Thang Long Urban Development and Construction Investment JSC's current ROC (Joel Greenblatt) % is 0.00%. Based on the distribution chart, Thang Long Urban Development and Construction Investment JSC ranks #999999 out of 560 companies in the Conglomerates industry, which is in the bottom quartile relative to peers.
How does Thang Long Urban Development and Construction Investment JSC's ROC (Joel Greenblatt) % compare to LWLW and CHZP?
According to the Conglomerates industry distribution chart, Thang Long Urban Development and Construction Investment JSC ranks #999999 out of 560 companies for ROC (Joel Greenblatt) %. This places Thang Long Urban Development and Construction Investment JSC in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 14.68. 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 Conglomerates company?
The median ROC (Joel Greenblatt) % among Conglomerates companies is 14.68, based on 560 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. 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 Thang Long Urban Development and Construction Investment JSC and its competitors. For the Conglomerates industry, the median ROC (Joel Greenblatt) % is 14.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thang Long Urban Development and Construction Investment JSC's current ROC (Joel Greenblatt) % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thang Long Urban Development and Construction Investment JSC stock overvalued right now?
Thang Long Urban Development and Construction Investment JSC (STC:TLD) has a current ROC (Joel Greenblatt) % of 0.00%. The current ROC (Joel Greenblatt) % is 0.00%. 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 Thang Long Urban Development and Construction Investment JSC (STC:TLD), the current ROC (Joel Greenblatt) % is 0.00% as of . 20. 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.

Thang Long Urban Development and Construction Investment JSC Business Description

Address Trung village, Lien Trung Commune, Dan Phuong District, Hanoi, VNM
Thang Long Urban Development and Construction Investment JSC is a Viet Nam based company, that engages in offering building products and services. Its business activities include the manufacture and trading of plywood, hardwood veneer, and softwood veneer, as well as the construction of highways, bridges, kindergartens, institutional headquarters, and irrigation systems. It is also involved in the leasing of warehouses, manufacturing facilities, together with construction machinery, vehicles, and equipment.