Ha Do Group JSC (STC:HDG) ROCE %: 6.37% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

STC:HDG Ha Do Group JSC STC:HDG
84 GF Score
Price ₫16,200.00
GF Value ₫20,128.09
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Ha Do Group JSC ROCE %?

Ha Do Group JSC STC:HDG -0.61% 84 ROCE % is 6.37% as of Mar. 2026. GuruFocus rates STC:HDG with a GF Score™ of 84/100 and a GF Value™ of ₫20,128.09 (Modestly Undervalued). The stock has 2 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Ha Do Group JSC's annualized ROCE % for the quarter that ended in Mar. 2026 was 6.37%.


Ha Do Group JSC  (STC:HDG) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.


Ha Do Group JSC ROCE % Related Terms


Ha Do Group JSC ROCE % Historical Data

* Premium members only.

The historical data trend for Ha Do Group JSC's ROCE % 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.

Ha Do Group JSC ROCE % Chart

Ha Do Group JSC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.93 18.07 12.12 7.69 11.32

Ha Do Group JSC Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROCE % 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 10.40 4.13 13.97 15.02 6.37
STC:HDG
84GF Score
Ha Do Group JSC STC:HDG
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ha Do Group JSC ROCE % Calculation

Ha Do Group JSC's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=1370242.249/( ( (13849363.319 - 2139900.369) + (14685890.149 - 2185537.567) )/ 2 )
=1370242.249/( (11709462.95+12500352.582)/ 2 )
=1370242.249/12104907.766
=11.32 %

Ha Do Group JSC's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=790833.592/( ( (14685890.149 - 2185537.567) + (14447483.47 - 2108017.503) )/ 2 )
=790833.592/( ( 12500352.582 + 12339465.967 )/ 2 )
=790833.592/12419909.2745
=6.37 %

(1) 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 6.37% mean?
Ha Do Group JSC (STC:HDG) has a ROCE % of 6.37% as of Mar. 2026.
Is Ha Do Group JSC's ROCE % too high?
Ha Do Group JSC's current ROCE % is 6.37%. The Real Estate industry median ROCE % is 4.82. Ha Do Group JSC's value of 6.37% is 32.2% above this industry median. Overall, Ha Do Group JSC has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ha Do Group JSC's ROCE % compare to competitors?
Ha Do Group JSC's ROCE % of 6.37% can be compared against companies in the Real Estate industry. The industry median ROCE % is 4.82. Ha Do Group JSC's value of 6.37% is 32.2% 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 ROCE % for a Real Estate company?
The median ROCE % among Real Estate companies is 4.82, based on 1,758 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ha Do Group JSC's current ROCE % of 6.37% is 32.2% 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Real Estate industry, the median ROCE % is 4.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ha Do Group JSC's current ROCE % is 6.37%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ha Do Group JSC stock overvalued right now?
Based on GuruFocus' analysis, Ha Do Group JSC (STC:HDG) is currently considered Modestly Undervalued. The stock's GF Value™ is ₫20,128.09, compared to a current price of ₫16,200.00 — trading 19.5% below its estimated fair value. The current ROCE % is 6.37% and 32.2% above the Real Estate industry median of 4.82. Ha Do Group JSC's overall GF Score™ is 84/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Ha Do Group JSC (STC:HDG), the current ROCE % is 6.37% 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 Ha Do Group JSC (STC:HDG) Overvalued in 2026?

Based on GuruFocus' analysis, Ha Do Group JSC stock appears to be undervalued. The current stock price of ₫16,200.00 is trading 19.5% below its estimated GF Value™ of ₫20,128.09. GuruFocus considers Ha Do Group JSC to be Modestly Undervalued.

Key valuation signals for STC:HDG:

  • ROCE %: 6.37%
  • GF Value™: ₫20,128.09 vs. price of ₫16,200.00 (19.5% below fair value)
  • GF Score™: 84/100 with 2 warning signs
  • Industry Position: 32.2% above the Real Estate median

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


Ha Do Group JSC Business Description

Address 8 Lang Ha Street, Giang Vo Ward, Hanoi, VNM
Ha Do Group JSC is a Vietnam-based company engaged in the investment, construction, and trading of real estate; investment, construction, production and trading of electricity; provision of hotel services; management; office leasing, and other services. The company generates the majority of its revenue from electricity production and business activities.
84GF Score

Get the complete analysis for STC:HDG

ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₫16,200.00
Price
₫20,128.09
GF Value