GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Vinacomin Industry Investment Consulting JSC (HSTC:TVM) » Definitions » ROC %

Vinacomin Industry Investment Consulting JSC (HSTC:TVM) ROC % : 0.00% (As of . 20)


View and export this data going back to 2015. Start your Free Trial

What is Vinacomin Industry Investment Consulting 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 %. Vinacomin Industry Investment Consulting JSC's annualized return on capital (ROC %) for the quarter that ended in . 20 was 0.00%.

As of today (2025-03-26), Vinacomin Industry Investment Consulting JSC's WACC % is 0.00%. Vinacomin Industry Investment Consulting JSC's ROC % is 0.00% (calculated using TTM income statement data). Vinacomin Industry Investment Consulting JSC earns returns that do not match up to its cost of capital. It will destroy value as it grows.

Vinacomin Industry Investment Consulting JSC ROC % Historical Data

The historical data trend for Vinacomin Industry Investment Consulting 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.

* Premium members only.

Vinacomin Industry Investment Consulting JSC ROC % Chart

Vinacomin Industry Investment Consulting JSC Annual Data
Trend
ROC %

Vinacomin Industry Investment Consulting JSC Semi-Annual Data
ROC %

Vinacomin Industry Investment Consulting JSC ROC % Calculation

Vinacomin Industry Investment Consulting 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

Invested Capital(A: . 20 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
= - - ( - max(0, - +))
=

Invested Capital(A: . 20 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
= - - ( - max(0, - +))
=

Vinacomin Industry Investment Consulting 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

Invested Capital(Q: . 20 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
= - - ( - max(0, - +))
=

Invested Capital(Q: . 20 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
= - - ( - max(0, - +))
=

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.

Vinacomin Industry Investment Consulting JSC  (HSTC:TVM) 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, Vinacomin Industry Investment Consulting JSC's WACC % is 0.00%. Vinacomin Industry Investment Consulting JSC's ROC % is 0.00% (calculated using TTM income statement data). Vinacomin Industry Investment Consulting 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.

Vinacomin Industry Investment Consulting JSC ROC % Related Terms

Thank you for viewing the detailed overview of Vinacomin Industry Investment Consulting JSC's ROC % provided by GuruFocus.com. Please click on the following links to see related term pages.

Vinacomin Industry Investment Consulting JSC Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Vinacomin Industry Investment Consulting JSC (HSTC:TVM) » Definitions » ROC %
Comparable Companies
Traded in Other Exchanges
N/A
Address
No. 565 Nguyen Trai Street, Thanh Xuan Nam Ward, Thanh Xuan District, Hanoi, VNM
Website
http://www.vimcc.vn
Vinacomin Industry Investment Consulting JSC is engaged in the design consultancy for mines and industrial and civil works for exploitation, processing, and product consumption, trade, and technology transfer.

Vinacomin Industry Investment Consulting JSC Headlines

No Headlines