DHG Pharmaceutical JSC (STC:DHG) ROIC %: 51.25% (As of Mar. 2026)


STC:DHG DHG Pharmaceutical JSC STC:DHG
78 GF Score
Price ₫93,800.00
GF Value ₫113,390.11
Valuation Modestly Undervalued
! 4 Warning Signs
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What is DHG Pharmaceutical JSC ROIC %?

DHG Pharmaceutical JSC STC:DHG -0.11% 78 ROIC % is 51.25% as of Mar. 2026. GuruFocus rates STC:DHG with a GF Score™ of 78/100 and a GF Value™ of ₫113,390.11 (Modestly Undervalued). The stock has 4 warning signs investors should review.

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. DHG Pharmaceutical JSC's annualized return on invested capital (ROIC %) for the quarter that ended in Mar. 2026 was 51.25%.

As of today (2026-06-27), DHG Pharmaceutical JSC's WACC % is 10.22%. DHG Pharmaceutical JSC's ROIC % is 36.66% (calculated using TTM income statement data). DHG Pharmaceutical JSC 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.


DHG Pharmaceutical JSC  (STC:DHG) 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, DHG Pharmaceutical JSC's WACC % is 10.22%. DHG Pharmaceutical JSC's ROIC % is 36.66% (calculated using TTM income statement data). DHG Pharmaceutical JSC 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 %, 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.


DHG Pharmaceutical JSC ROIC % Related Terms


DHG Pharmaceutical JSC ROIC % Historical Data

* Premium members only.

The historical data trend for DHG Pharmaceutical JSC's ROIC % 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.

DHG Pharmaceutical JSC ROIC % Chart

DHG Pharmaceutical JSC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 39.40 45.50 34.82 27.25 37.48

DHG Pharmaceutical JSC Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROIC % 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 44.50 35.35 31.60 29.66 51.25

STC:DHG vs ZTS: ROIC % Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, DHG Pharmaceutical JSC's ROIC %, along with its competitors' market caps and ROIC % data, can be viewed below:

* 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.


DHG Pharmaceutical JSC ROIC % vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, DHG Pharmaceutical JSC's ROIC % distribution charts can be found below:

* The bar in red indicates where DHG Pharmaceutical JSC's ROIC % falls into.


STC:DHG
78GF Score
DHG Pharmaceutical JSC STC:DHG
ROIC % is just one metric. See GF Score™, valuation, warning signs, and more.
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DHG Pharmaceutical JSC ROIC % Calculation

DHG Pharmaceutical JSC's annualized Return on Invested Capital (ROIC %) for the fiscal year that ended in Dec. 2025 is calculated as:

ROIC % (A: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Dec. 2024 ) + Invested Capital (A: Dec. 2025 ))/ count )
=951891.779 * ( 1 - 13.61% )/( (2153523.179 + 2234228.214)/ 2 )
=822339.3078781/2193875.6965
=37.48 %

where

Invested Capital(A: Dec. 2024 )
=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))
=5959243.276 - 997862.549 - ( 2807857.548 - max(0, 1790292.694 - 4604003.767+2807857.548))
=2153523.179

Invested Capital(A: Dec. 2025 )
=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))
=5173881.629 - 785757.75 - ( 2153895.665 - max(0, 965949.656 - 3888768.378+2153895.665))
=2234228.214

DHG Pharmaceutical JSC's annualized Return on Invested Capital (ROIC %) for the quarter that ended in Mar. 2026 is calculated as:

ROIC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=1316959.764 * ( 1 - 9.1% )/( (2234228.214 + 2437728.153)/ 2 )
=1197116.425476/2335978.1835
=51.25 %

where

Invested Capital(Q: Dec. 2025 )
=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))
=5173881.629 - 785757.75 - ( 2153895.665 - max(0, 965949.656 - 3888768.378+2153895.665))
=2234228.214

Invested Capital(Q: Mar. 2026 )
=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))
=5245728.16 - 585718.427 - ( 2222281.58 - max(0, 731251.114 - 3991624.373+2222281.58))
=2437728.153

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) 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 ROIC % →
What does a ROIC % of 51.25% mean?
DHG Pharmaceutical JSC (STC:DHG) has a ROIC % of 51.25% as of Mar. 2026. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on DHG Pharmaceutical JSC and its competitors.
Is DHG Pharmaceutical JSC's ROIC % too high?
DHG Pharmaceutical JSC's current ROIC % is 51.25%. The Drug Manufacturers industry median ROIC % is 4.44. DHG Pharmaceutical JSC's value of 51.25% is 1054.3% above this industry median. Overall, DHG Pharmaceutical JSC has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does DHG Pharmaceutical JSC's ROIC % compare to ZTS?
DHG Pharmaceutical JSC's ROIC % of 51.25% can be compared against companies in the Drug Manufacturers industry. The industry median ROIC % is 4.44. DHG Pharmaceutical JSC's value of 51.25% is 1054.3% 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 ROIC % for a Drug Manufacturers company?
The median ROIC % among Drug Manufacturers companies is 4.44, based on 985 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. DHG Pharmaceutical JSC's current ROIC % of 51.25% is 1054.3% 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 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 DHG Pharmaceutical JSC and its competitors. For the Drug Manufacturers industry, the median ROIC % is 4.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DHG Pharmaceutical JSC's current ROIC % is 51.25%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DHG Pharmaceutical JSC stock overvalued right now?
Based on GuruFocus' analysis, DHG Pharmaceutical JSC (STC:DHG) is currently considered Modestly Undervalued. The stock's GF Value™ is ₫113,390.11, compared to a current price of ₫93,800.00 — trading 17.3% below its estimated fair value. The current ROIC % is 51.25% and 1054.3% above the Drug Manufacturers industry median of 4.44. DHG Pharmaceutical JSC's overall GF Score™ is 78/100 with 4 warning signs to review. 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 DHG Pharmaceutical JSC (STC:DHG), the current ROIC % is 51.25% 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 DHG Pharmaceutical JSC (STC:DHG) Overvalued in 2026?

Based on GuruFocus' analysis, DHG Pharmaceutical JSC stock appears to be undervalued. The current stock price of ₫93,800.00 is trading 17.3% below its estimated GF Value™ of ₫113,390.11. GuruFocus considers DHG Pharmaceutical JSC to be Modestly Undervalued.

Key valuation signals for STC:DHG:

  • ROIC %: 51.25%
  • GF Value™: ₫113,390.11 vs. price of ₫93,800.00 (17.3% below fair value)
  • GF Score™: 78/100 with 4 warning signs
  • Industry Position: 1054.3% above the Drug Manufacturers median

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


DHG Pharmaceutical JSC Business Description

Address 288 Bis Nguyen Van Cu, An Hoa Ward, Ninh Kieu District, Can Tho, VNM
DHG Pharmaceutical JSC produces and trades in pharmaceutical products. It provides various pharmaceutical products in the areas of antibiotics, antifungals, and antiparasitics; analgesics and antipyretics; ear-nose-throat, cough, and asthma; ophthalmic and nervous system; muscular and osteoarticular; digestive; hepatic; cardiovascular and diabetic; vitamins and minerals; and dermal and beauty care.
78GF Score

Get the complete analysis for STC:DHG

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

₫93,800.00
Price
₫113,390.11
GF Value