ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. Viet Trung Nam Investment and Development JSC's annualized return on invested capital (ROIC %) for the quarter that ended in Dec. 2025 was 0.00%.
Viet Trung Nam Investment and Development JSC (HSTC:VHG) ROIC % Explanation
ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. 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 ROIC % 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, Viet Trung Nam Investment and Development JSC's WACC % is 10.38%. Viet Trung Nam Investment and Development JSC's ROIC % is -0.21% (calculated using TTM income statement data).
Viet Trung Nam Investment and Development 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 %, ROIC % 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.
Viet Trung Nam Investment and Development JSC ROIC % Related Terms
Viet Trung Nam Investment and Development JSC ROIC % 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.
Viet Trung Nam Investment and Development JSC ROIC % Chart
Viet Trung Nam Investment and Development JSC Annual Data
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Viet Trung Nam Investment and Development JSC ROIC % vs Chemicals Industry
Note:
The Operating Income data used here is four times the quarterly (Dec. 2025) 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.
Viet Trung Nam Investment and Development JSC (HSTC:VHG) has a ROIC % of 0.00% as of Dec. 2025. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Viet Trung Nam Investment and Development JSC and its competitors.
Is Viet Trung Nam Investment and Development JSC's ROIC % too high?
Viet Trung Nam Investment and Development JSC's current ROIC % is 0.00%. Overall, Viet Trung Nam Investment and Development JSC has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Viet Trung Nam Investment and Development JSC's ROIC % compare to LIN and SHW?
Viet Trung Nam Investment and Development JSC's ROIC % of 0.00% can be compared against companies in the Chemicals industry. The industry median ROIC % is 4.46. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROIC % for a Chemicals company?
The median ROIC % among Chemicals companies is 4.46, based on 1,580 companies in the industry. Companies in the top quartile (top 25%) have a ROIC % significantly above this median, while those in the bottom quartile fall well below. However, ROIC % 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 ROIC % mean?
A high ROIC % can signal that a stock is expensive relative to its fundamentals. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Viet Trung Nam Investment and Development JSC and its competitors. For the Chemicals industry, the median ROIC % is 4.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Viet Trung Nam Investment and Development JSC's current ROIC % 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 Viet Trung Nam Investment and Development JSC stock overvalued right now?
Viet Trung Nam Investment and Development JSC (HSTC:VHG) has a current ROIC % of 0.00%. The current ROIC % is 0.00%. Viet Trung Nam Investment and Development JSC's overall GF Score™ is 33/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROIC % calculated?
ROIC % is calculated from a company's financial statements. For Viet Trung Nam Investment and Development JSC (HSTC:VHG), the current ROIC % is 0.00% as of Dec. 2025. 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.
Viet Trung Nam Investment and Development JSC Business Description
Viet Trung Nam Investment and Development JSC formerly Tay Ba Na Group JSC is a Vietnam based rubber product manufacturing company. It offers rubber products such as rubber latex water, rubber sheets and centrifugal rubber. In addition, the organization is also involved in the construction of infrastructure and construction materials, Real estate projects, and Trading of composite plastic and fertilizers and agricultural products and preparations.
33GF Score
Get the complete analysis for HSTC:VHG
ROIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
HSTC:VHG has been successfully added to your 
