Viet Nam Ocean Shipping JSC (STC:VOS) ROC (Joel Greenblatt) %: 3.75% (As of Mar. 2026) — 69% Below Median

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STC:VOS Viet Nam Ocean Shipping JSC STC:VOS
80 GF Score
Price ₫11,850.00
GF Value ₫12,749.31
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Viet Nam Ocean Shipping JSC ROC (Joel Greenblatt) %?

Viet Nam Ocean Shipping JSC STC:VOS 80 ROC (Joel Greenblatt) % is 3.75% as of Mar. 2026, which is 69% below its 10-year median of 12.08. GuruFocus rates STC:VOS with a GF Score™ of 80/100 and a GF Value™ of ₫12,749.31 (Fairly Valued). The stock has 4 warning signs investors should review. Among 997 Transportation companies, Viet Nam Ocean Shipping JSC ranks better than 83.15% 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. Viet Nam Ocean Shipping JSC's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 3.75%.

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

STC:VOS' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -6.21   Med: 12.08   Max: 47
Current: 30.98

During the past 13 years, Viet Nam Ocean Shipping JSC's highest ROC (Joel Greenblatt) % was 47.00%. The lowest was -6.21%. And the median was 12.08%.

STC:VOS's ROC (Joel Greenblatt) % is ranked better than
83.15% of 997 companies
in the Transportation industry
Industry Median: 11.75 vs STC:VOS: 30.98

Viet Nam Ocean Shipping JSC's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Viet Nam Ocean Shipping JSC  (STC:VOS) 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.


Viet Nam Ocean Shipping JSC ROC (Joel Greenblatt) % Related Terms


Viet Nam Ocean Shipping JSC ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Viet Nam Ocean Shipping 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.

Viet Nam Ocean Shipping JSC ROC (Joel Greenblatt) % Chart

Viet Nam Ocean Shipping JSC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 37.08 47.00 18.30 41.04 30.33

Viet Nam Ocean Shipping 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 -20.28 5.59 40.33 63.88 3.75

Viet Nam Ocean Shipping JSC ROC (Joel Greenblatt) % Competitor Comparison

For the Marine Shipping subindustry, Viet Nam Ocean Shipping 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.


Viet Nam Ocean Shipping JSC ROC (Joel Greenblatt) % vs Transportation Industry

For the Transportation industry and Industrials sector, Viet Nam Ocean Shipping JSC's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Viet Nam Ocean Shipping JSC's ROC (Joel Greenblatt) % falls into.


STC:VOS
80GF Score
Viet Nam Ocean Shipping JSC STC:VOS
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Viet Nam Ocean Shipping 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)
=(447583.424 + 97180.677 + 341916.904) - (487235.616 + 0 + 56188.618)
=343256.771

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(220361.395 + 126975.055 + 358929.054) - (411300.154 + 0 + 37137.167)
=257828.183

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Viet Nam Ocean Shipping 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 )
=65425.36/( ( (1478737.091 + max(343256.771, 0)) + (1405790.593 + max(257828.183, 0)) )/ 2 )
=65425.36/( ( 1821993.862 + 1663618.776 )/ 2 )
=65425.36/1742806.319
=3.75 %

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 3.75% mean?
Viet Nam Ocean Shipping JSC (STC:VOS) has a ROC (Joel Greenblatt) % of 3.75% 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 Viet Nam Ocean Shipping JSC and its competitors. This is 69% below median its historical median of 12.08. According to the industry distribution chart, Viet Nam Ocean Shipping JSC ranks #168 out of 997 companies in the Transportation industry, placing it in the top 16.9%.
Is Viet Nam Ocean Shipping JSC's ROC (Joel Greenblatt) % too high?
Viet Nam Ocean Shipping JSC's current ROC (Joel Greenblatt) % of 3.75% is 69% below median its 10-year median of 12.08. The Transportation industry median ROC (Joel Greenblatt) % is 11.75. Viet Nam Ocean Shipping JSC's value of 3.75% is 68.1% below this industry median. Based on the distribution chart, Viet Nam Ocean Shipping JSC ranks #168 out of 997 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Viet Nam Ocean Shipping 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 Viet Nam Ocean Shipping JSC's ROC (Joel Greenblatt) % compare to competitors?
According to the Transportation industry distribution chart, Viet Nam Ocean Shipping JSC ranks #168 out of 997 companies for ROC (Joel Greenblatt) %. This places Viet Nam Ocean Shipping JSC in the top 17% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 11.75. Viet Nam Ocean Shipping JSC's value of 3.75% is 68.1% below this benchmark. While the company's 10-year median is 12.08 vs. the industry median of 11.75, Viet Nam Ocean Shipping JSC has consistently been below 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. Viet Nam Ocean Shipping JSC's current ROC (Joel Greenblatt) % of 3.75% is 68.1% below 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 Viet Nam Ocean Shipping 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. Viet Nam Ocean Shipping JSC's current ROC (Joel Greenblatt) % is 3.75%, which is 69% below median its own 10-year median of 12.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Viet Nam Ocean Shipping JSC stock overvalued right now?
Based on GuruFocus' analysis, Viet Nam Ocean Shipping JSC (STC:VOS) is currently considered Fairly Valued. The stock's GF Value™ is ₫12,749.31, compared to a current price of ₫11,850.00 — trading 7.1% below its estimated fair value. The current ROC (Joel Greenblatt) % is 3.75%, which is 69% below median its 10-year median of 12.08 and 68.1% below the Transportation industry median of 11.75. Viet Nam Ocean Shipping 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 Viet Nam Ocean Shipping JSC (STC:VOS), the current ROC (Joel Greenblatt) % is 3.75% 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 Viet Nam Ocean Shipping JSC (STC:VOS) Overvalued in 2026?

Based on GuruFocus' analysis, Viet Nam Ocean Shipping JSC stock appears to be undervalued. The current stock price of ₫11,850.00 is trading 7.1% below its estimated GF Value™ of ₫12,749.31. GuruFocus considers Viet Nam Ocean Shipping JSC to be Fairly Valued.

Key valuation signals for STC:VOS:

  • ROC (Joel Greenblatt) %: 3.75% (69% below median its 10-year median of 12.08)
  • GF Value™: ₫12,749.31 vs. price of ₫11,850.00 (7.1% below fair value)
  • GF Score™: 80/100 with 4 warning signs
  • Industry Position: 68.1% below the Transportation median (#168 of 997)

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


Viet Nam Ocean Shipping JSC Business Description

Address No. 215 Lach Tray Street, Dang Giang, Ngo Quyen, Hai Phong, VNM
Viet Nam Ocean Shipping JSC is a Vietnam based company engaged in the shipping business. It offers marine freight transportation services. The services offered by the entity include trading water transportation, dry goods transportation, product tankers, container transportation, shipping agency and others. The company has a diverse fleet of modern ships comprising general cargo, bulk carriers, product tankers and container vessels trading.
80GF Score

Get the complete analysis for STC:VOS

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

₫11,850.00
Price
₫12,749.31
GF Value