ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Vietnam Infrastructure's annualized return on capital (ROC %) for the quarter that ended in Dec. 2016 was 2.02%.
As of today (2026-06-28), Vietnam Infrastructure's WACC % is 0.00%. Vietnam Infrastructure's ROC % is 3.62% (calculated using TTM income statement data).
Vietnam Infrastructure generates higher returns on investment than it costs the company to raise the capital needed for that investment. It 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.
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, Vietnam Infrastructure's WACC % is 0.00%. Vietnam Infrastructure's ROC % is 3.62% (calculated using TTM income statement data).
Vietnam Infrastructure generates higher returns on investment than it costs the company to raise the capital needed for that investment. It 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.
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.
* 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.
Note:
The Operating Income data used here is two times the semi-annual (Dec. 2016) data.
The tax rate is limited to between 0% and 100%.
* 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 Infrastructure (LSE:VNI) has a ROC % of 2.02% as of Dec. 2016. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Vietnam Infrastructure and its competitors.
Is Vietnam Infrastructure's ROC % too high?
Vietnam Infrastructure's current ROC % is 2.02%. The Asset Management industry median ROC % is 1.21. Vietnam Infrastructure's value of 2.02% is 66.9% above this industry median.
How does Vietnam Infrastructure's ROC % compare to SSSS and ABDC?
Vietnam Infrastructure's ROC % of 2.02% can be compared against companies in the Asset Management industry. The industry median ROC % is 1.21. Vietnam Infrastructure's value of 2.02% is 66.9% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROC % for an Asset Management company?
The median ROC % among Asset Management companies is 1.21, based on 707 companies in the industry. Companies in the top quartile (top 25%) have a ROC % significantly above this median, while those in the bottom quartile fall well below. However, ROC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Vietnam Infrastructure's current ROC % of 2.02% is 66.9% 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 % mean?
A high ROC % can signal that a stock is expensive relative to its fundamentals. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Vietnam Infrastructure and its competitors. For the Asset Management industry, the median ROC % is 1.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vietnam Infrastructure's current ROC % is 2.02%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vietnam Infrastructure stock overvalued right now?
Vietnam Infrastructure (LSE:VNI) has a current ROC % of 2.02%. The current ROC % is 2.02% and 66.9% above the Asset Management industry median of 1.21. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROC % calculated?
ROC % is calculated from a company's financial statements. For Vietnam Infrastructure (LSE:VNI), the current ROC % is 2.02% as of Dec. 2016. 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.
Vietnam Infrastructure Ltd is a closed-ended investment company. The company principally invests in a diversified portfolio of entities owning infrastructure projects and assets in Vietnam. It invests in infrastructure and infrastructure-related asset in Vietnam namely energy, transport, telecommunication, industrial parks and water and environmental utilities. The company's investment objective is to achieve medium to long-term capital appreciation and providing investment income through investments in listed and unlisted equity instruments, debt instruments, assets and other opportunities in Vietnam and other countries. It focuses on risk management to minimize potential adverse effects on company's financial performance.
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