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. Vietnam Construction and Import-Export Joint Stock's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 31.77%.
Vietnam Construction and Import-Export Joint Stock (STC:VCG) 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.
* 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.
Vietnam Construction and Import-Export Joint Stock ROC (Joel Greenblatt) % Chart
Vietnam Construction and Import-Export Joint Stock Annual Data
STC:VCG vs HON, MMM: ROC (Joel Greenblatt) % Comparison
For the Conglomerates subindustry, Vietnam Construction and Import-Export Joint Stock'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.
Vietnam Construction and Import-Export Joint Stock ROC (Joel Greenblatt) % vs Conglomerates Industry
Vietnam Construction and Import-Export Joint Stock 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 31.77% mean?
Vietnam Construction and Import-Export Joint Stock (STC:VCG) has a ROC (Joel Greenblatt) % of 31.77% 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 Vietnam Construction and Import-Export Joint Stock and its competitors. This is 73% above median its historical median of 18.35. Over the past decade, Vietnam Construction and Import-Export Joint Stock's ROC (Joel Greenblatt) % has ranged from 7.88 to 57.39. According to the industry distribution chart, Vietnam Construction and Import-Export Joint Stock ranks #73 out of 558 companies in the Conglomerates industry, placing it in the top 13.1%.
Is Vietnam Construction and Import-Export Joint Stock's ROC (Joel Greenblatt) % too high?
Vietnam Construction and Import-Export Joint Stock's current ROC (Joel Greenblatt) % of 31.77% is 73% above median its 10-year median of 18.35. Over the past 10 years, this metric has ranged from a low of 7.88 to a high of 57.39. The Conglomerates industry median ROC (Joel Greenblatt) % is 14.61. Vietnam Construction and Import-Export Joint Stock's value of 31.77% is 117.5% above this industry median. Based on the distribution chart, Vietnam Construction and Import-Export Joint Stock ranks #73 out of 558 companies in the Conglomerates industry, which is in the top quartile — a strong position relative to peers. Overall, Vietnam Construction and Import-Export Joint Stock has a GF Score™ of 92/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vietnam Construction and Import-Export Joint Stock's ROC (Joel Greenblatt) % compare to HON and MMM?
According to the Conglomerates industry distribution chart, Vietnam Construction and Import-Export Joint Stock ranks #73 out of 558 companies for ROC (Joel Greenblatt) %. This places Vietnam Construction and Import-Export Joint Stock in the top 13% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 14.61. Vietnam Construction and Import-Export Joint Stock's value of 31.77% is 117.5% above this benchmark. Historically, Vietnam Construction and Import-Export Joint Stock's own ROC (Joel Greenblatt) % has ranged from 7.88 to 57.39 over the past decade. While the company's 10-year median is 18.35 vs. the industry median of 14.61, Vietnam Construction and Import-Export Joint Stock 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 Conglomerates company?
The median ROC (Joel Greenblatt) % among Conglomerates companies is 14.61, based on 558 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. Vietnam Construction and Import-Export Joint Stock's current ROC (Joel Greenblatt) % of 31.77% is 117.5% 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 Vietnam Construction and Import-Export Joint Stock and its competitors. For the Conglomerates industry, the median ROC (Joel Greenblatt) % is 14.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vietnam Construction and Import-Export Joint Stock's current ROC (Joel Greenblatt) % is 31.77%, which is 73% above median its own 10-year median of 18.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vietnam Construction and Import-Export Joint Stock stock overvalued right now?
Based on GuruFocus' analysis, Vietnam Construction and Import-Export Joint Stock (STC:VCG) is currently considered Modestly Undervalued. The stock's GF Value™ is ₫25,546.47, compared to a current price of ₫20,950.00 — trading 18% below its estimated fair value. The current ROC (Joel Greenblatt) % is 31.77%, which is 73% above median its 10-year median of 18.35 and 117.5% above the Conglomerates industry median of 14.61. Vietnam Construction and Import-Export Joint Stock's overall GF Score™ is 92/100 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 Vietnam Construction and Import-Export Joint Stock (STC:VCG), the current ROC (Joel Greenblatt) % is 31.77% 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 Vietnam Construction and Import-Export Joint Stock (STC:VCG) Overvalued in 2026?
Based on GuruFocus' analysis, Vietnam Construction and Import-Export Joint Stock stock appears to be undervalued.
The current stock price of ₫20,950.00 is trading 18% below its estimated GF Value™ of ₫25,546.47.
GuruFocus considers Vietnam Construction and Import-Export Joint Stock to be Modestly Undervalued.
Key valuation signals for STC:VCG:
ROC (Joel Greenblatt) %: 31.77% (73% above median its 10-year median of 18.35)
GF Value™: ₫25,546.47 vs. price of ₫20,950.00 (18% below fair value)
Industry Position: 117.5% above the Conglomerates median (#73 of 558)
No single metric tells the full story. See the STC:VCG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Vietnam Construction and Import-Export Joint Stock Business Description
Vietnam Construction and Import-Export Joint Stock Corp is engaged in investing and trading real estate properties, construction of civil and industrial works, traffic and irrigation works, investing and trading infrastructure related services and other services. The company's segment includes: Construction services; Sale of real estate properties; Industrial production (comprises electric, water and concrete, stone production); and Trading, education services and other services. The firm generates key revenue from Construction services segment.
92GF Score
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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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