Thang Long Urban Development and Construction Investment JSC (STC:TLD) ROC %: 0.00% (As of . 20)


What is Thang Long Urban Development and Construction Investment JSC ROC %?

Thang Long Urban Development and Construction Investment JSC STC:TLD -0.70% ROC % is 0.00% as of . 20. The stock has 1 warning sign investors should review.

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Thang Long Urban Development and Construction Investment JSC's annualized return on capital (ROC %) for the quarter that ended in . 20 was 0.00%.

As of today (2026-06-25), Thang Long Urban Development and Construction Investment JSC's WACC % is 0.00%. Thang Long Urban Development and Construction Investment JSC's ROC % is 0.00% (calculated using TTM income statement data). Thang Long Urban Development and Construction Investment JSC earns returns that do not match up to its cost of capital. It will destroy value as it grows.

Thang Long Urban Development and Construction Investment JSC  (STC:TLD) 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, Thang Long Urban Development and Construction Investment JSC's WACC % is 0.00%. Thang Long Urban Development and Construction Investment JSC's ROC % is 0.00% (calculated using TTM income statement data). Thang Long Urban Development and Construction Investment 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.

Thang Long Urban Development and Construction Investment JSC ROC % Related Terms

Thang Long Urban Development and Construction Investment JSC ROC % Historical Data

* Premium members only.

The historical data trend for Thang Long Urban Development and Construction Investment 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.

Thang Long Urban Development and Construction Investment JSC ROC % Chart

Thang Long Urban Development and Construction Investment JSC Annual Data
Trend
ROC %

Thang Long Urban Development and Construction Investment JSC Semi-Annual Data
ROC %

Thang Long Urban Development and Construction Investment JSC ROC % Calculation

Thang Long Urban Development and Construction Investment 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, - +))
=

Thang Long Urban Development and Construction Investment 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. 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.

Frequently Asked Questions Learn more about ROC % →
What does a ROC % of 0.00% mean?
Thang Long Urban Development and Construction Investment JSC (STC:TLD) has a ROC % of 0.00% as of . 20. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Thang Long Urban Development and Construction Investment JSC and its competitors.
Is Thang Long Urban Development and Construction Investment JSC's ROC % too high?
Thang Long Urban Development and Construction Investment JSC's current ROC % is 0.00%.
How does Thang Long Urban Development and Construction Investment JSC's ROC % compare to LWLW and CHZP?
Thang Long Urban Development and Construction Investment JSC's ROC % of 0.00% can be compared against companies in the Conglomerates industry. The industry median ROC % is 2.82. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROC % for a Conglomerates company?
The median ROC % among Conglomerates companies is 2.82, based on 552 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. 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 Thang Long Urban Development and Construction Investment JSC and its competitors. For the Conglomerates industry, the median ROC % is 2.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thang Long Urban Development and Construction Investment JSC's current ROC % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thang Long Urban Development and Construction Investment JSC stock overvalued right now?
Thang Long Urban Development and Construction Investment JSC (STC:TLD) has a current ROC % of 0.00%. The current ROC % is 0.00%. 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 Thang Long Urban Development and Construction Investment JSC (STC:TLD), the current ROC % is 0.00% as of . 20. 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.

Thang Long Urban Development and Construction Investment JSC Business Description

Address Trung village, Lien Trung Commune, Dan Phuong District, Hanoi, VNM
Thang Long Urban Development and Construction Investment JSC is a Viet Nam based company, that engages in offering building products and services. Its business activities include the manufacture and trading of plywood, hardwood veneer, and softwood veneer, as well as the construction of highways, bridges, kindergartens, institutional headquarters, and irrigation systems. It is also involved in the leasing of warehouses, manufacturing facilities, together with construction machinery, vehicles, and equipment.