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MDF VRG Quang Tri Wood JSC (HSTC:MDF) ROC % : 0.00% (As of . 20)


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What is MDF VRG Quang Tri Wood JSC ROC %?

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. MDF VRG Quang Tri Wood JSC's annualized return on capital (ROC %) for the quarter that ended in . 20 was 0.00%.

As of today (2024-06-24), MDF VRG Quang Tri Wood JSC's WACC % is 0.00%. MDF VRG Quang Tri Wood JSC's ROC % is 0.00% (calculated using TTM income statement data). MDF VRG Quang Tri Wood JSC earns returns that do not match up to its cost of capital. It will destroy value as it grows.


MDF VRG Quang Tri Wood JSC ROC % Historical Data

The historical data trend for MDF VRG Quang Tri Wood JSC's ROC % 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.

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MDF VRG Quang Tri Wood JSC ROC % Chart

MDF VRG Quang Tri Wood JSC Annual Data
Trend
ROC %

MDF VRG Quang Tri Wood JSC Semi-Annual Data
ROC %

MDF VRG Quang Tri Wood JSC ROC % Calculation

MDF VRG Quang Tri Wood JSC's annualized Return on Capital (ROC %) for the fiscal year that ended in . 20 is calculated as:

ROC % (A: . 20 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: . 20 ) + Invested Capital (A: . 20 ))/ count )
= * ( 1 - % )/( ( + )/ )
=/
= %

where

MDF VRG Quang Tri Wood JSC's annualized Return on Capital (ROC %) for the quarter that ended in . 20 is calculated as:

ROC % (Q: . 20 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: . 20 ) + Invested Capital (Q: . 20 ))/ count )
= * ( 1 - % )/( ( + )/ )
=/
= %

where

Note: The Operating Income data used here is one times the annual (. 20) 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.


MDF VRG Quang Tri Wood JSC  (HSTC:MDF) ROC % Explanation

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, MDF VRG Quang Tri Wood JSC's WACC % is 0.00%. MDF VRG Quang Tri Wood JSC's ROC % is 0.00% (calculated using TTM income statement data). MDF VRG Quang Tri Wood JSC earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Be Aware

Like ROE % and ROA %, ROC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.


MDF VRG Quang Tri Wood JSC ROC % Related Terms

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MDF VRG Quang Tri Wood JSC (HSTC:MDF) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Nam Dong Ha Industrial Park, Dong Luong Ward, Quang Tri Province, Gio Linh district, Dong Ha City, VNM
MDF VRG Quang Tri Wood JSC is a Vietnam-based company, which is engaged in the manufacture and commerce of wood products. Its products include medium-density fiberboard (MDF), HMR MDF Boards, HDF Boards, HDF HMR Boards, CARB PRODUCTS P2, and MELAMINE COATED MDF Boards.

MDF VRG Quang Tri Wood JSC (HSTC:MDF) Headlines

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