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. Petrovietnam Power Nhon Trach 2 JSC's annualized ROCE % for the quarter that ended in Mar. 2026 was 19.53%.
Petrovietnam Power Nhon Trach 2 JSC (STC:NT2) 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.
Petrovietnam Power Nhon Trach 2 JSC ROCE % Related Terms
Petrovietnam Power Nhon Trach 2 JSC ROCE % Historical 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.
(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.
Petrovietnam Power Nhon Trach 2 JSC (STC:NT2) has a ROCE % of 19.53% as of Mar. 2026.
Is Petrovietnam Power Nhon Trach 2 JSC's ROCE % too high?
Petrovietnam Power Nhon Trach 2 JSC's current ROCE % is 19.53%. The Utilities - Regulated industry median ROCE % is 6.95. Petrovietnam Power Nhon Trach 2 JSC's value of 19.53% is 181% above this industry median. Overall, Petrovietnam Power Nhon Trach 2 JSC has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Petrovietnam Power Nhon Trach 2 JSC's ROCE % compare to NEE and SO?
Petrovietnam Power Nhon Trach 2 JSC's ROCE % of 19.53% can be compared against companies in the Utilities - Regulated industry. The industry median ROCE % is 6.95. Petrovietnam Power Nhon Trach 2 JSC's value of 19.53% is 181% 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 an Utilities - Regulated company?
The median ROCE % among Utilities - Regulated companies is 6.95, based on 505 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. Petrovietnam Power Nhon Trach 2 JSC's current ROCE % of 19.53% is 181% 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 Utilities - Regulated industry, the median ROCE % is 6.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Petrovietnam Power Nhon Trach 2 JSC's current ROCE % is 19.53%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Petrovietnam Power Nhon Trach 2 JSC stock overvalued right now?
Based on GuruFocus' analysis, Petrovietnam Power Nhon Trach 2 JSC (STC:NT2) is currently considered Modestly Undervalued. The stock's GF Value™ is ₫29,660.77, compared to a current price of ₫22,850.00 — trading 23% below its estimated fair value. The current ROCE % is 19.53% and 181% above the Utilities - Regulated industry median of 6.95. Petrovietnam Power Nhon Trach 2 JSC's overall GF Score™ is 90/100 with 4 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 Petrovietnam Power Nhon Trach 2 JSC (STC:NT2), the current ROCE % is 19.53% 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 Petrovietnam Power Nhon Trach 2 JSC (STC:NT2) Overvalued in 2026?
Based on GuruFocus' analysis, Petrovietnam Power Nhon Trach 2 JSC stock appears to be undervalued.
The current stock price of ₫22,850.00 is trading 23% below its estimated GF Value™ of ₫29,660.77.
GuruFocus considers Petrovietnam Power Nhon Trach 2 JSC to be Modestly Undervalued.
Key valuation signals for STC:NT2:
ROCE %: 19.53%
GF Value™: ₫29,660.77 vs. price of ₫22,850.00 (23% below fair value)
Industry Position: 181% above the Utilities - Regulated median
No single metric tells the full story. See the STC:NT2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Petrovietnam Power Nhon Trach 2 JSC Business Description
Petrovietnam Power Nhon Trach 2 JSC is a Vietnam-based company engaged in power generation, transmission, and distribution. It also provides support activities like service activities for water transport, Architectural activities, wholesale of solid, liquid, and gaseous fuels, warehousing and storage of food, freight transport by road, wholesale of machinery, freight inland waterway, and vocational education.
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