Gelex Group JSC (STC:GEX) ROIC %: 6.48% (As of Mar. 2026)


STC:GEX Gelex Group JSC STC:GEX
73 GF Score
Price ₫30,150.00
GF Value ₫20,881.16
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Gelex Group JSC ROIC %?

Gelex Group JSC STC:GEX +0.67% 73 ROIC % is 6.48% as of Mar. 2026. GuruFocus rates STC:GEX with a GF Score™ of 73/100 and a GF Value™ of ₫20,881.16 (Significantly Overvalued). The stock has 5 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 %. Gelex Group JSC's annualized return on invested capital (ROIC %) for the quarter that ended in Mar. 2026 was 6.48%.

As of today (2026-06-28), Gelex Group JSC's WACC % is 7.92%. Gelex Group JSC's ROIC % is 7.02% (calculated using TTM income statement data). Gelex Group JSC earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Gelex Group JSC  (STC:GEX) 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, Gelex Group JSC's WACC % is 7.92%. Gelex Group JSC's ROIC % is 7.02% (calculated using TTM income statement data). Gelex Group 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.


Gelex Group JSC ROIC % Related Terms


Gelex Group JSC ROIC % Historical Data

* Premium members only.

The historical data trend for Gelex Group 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.

Gelex Group JSC ROIC % Chart

Gelex Group 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 5.12 5.60 3.73 6.44 7.25

Gelex Group 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 6.13 10.58 4.74 6.75 6.48

STC:GEX vs VRT, BE, NVT: ROIC % Comparison

For the Electrical Equipment & Parts subindustry, Gelex Group 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.


Gelex Group JSC ROIC % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Gelex Group JSC's ROIC % distribution charts can be found below:

* The bar in red indicates where Gelex Group JSC's ROIC % falls into.


STC:GEX
73GF Score
Gelex Group JSC STC:GEX
ROIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Gelex Group JSC ROIC % Calculation

Gelex Group 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 )
=5145015.897 * ( 1 - 36.03% )/( (41841609.336 + 48934034.642)/ 2 )
=3291266.6693109/45387821.989
=7.25 %

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))
=53782318.219 - 6109153.169 - ( 9116893.89 - max(0, 16997351.938 - 22828907.652+9116893.89))
=41841609.336

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))
=73592590.904 - 7039699.13 - ( 18626736.234 - max(0, 21795269.254 - 39414126.386+18626736.234))
=48934034.642

Gelex Group 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 )
=5075096.124 * ( 1 - 28.22% )/( (48934034.642 + 63450256.462)/ 2 )
=3642903.9978072/56192145.552
=6.48 %

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))
=73592590.904 - 7039699.13 - ( 18626736.234 - max(0, 21795269.254 - 39414126.386+18626736.234))
=48934034.642

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))
=87015108.842 - 6442608.92 - ( 17122243.46 - max(0, 26440468.914 - 48969753.05+17122243.46))
=63450256.462

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 6.48% mean?
Gelex Group JSC (STC:GEX) has a ROIC % of 6.48% 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 Gelex Group JSC and its competitors.
Is Gelex Group JSC's ROIC % too high?
Gelex Group JSC's current ROIC % is 6.48%. The Industrial Products industry median ROIC % is 5.22. Gelex Group JSC's value of 6.48% is 24.3% above this industry median. Overall, Gelex Group JSC has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Gelex Group JSC's ROIC % compare to VRT and BE?
Gelex Group JSC's ROIC % of 6.48% can be compared against companies in the Industrial Products industry. The industry median ROIC % is 5.22. Gelex Group JSC's value of 6.48% is 24.3% 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 an Industrial Products company?
The median ROIC % among Industrial Products companies is 5.22, based on 3,034 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. Gelex Group JSC's current ROIC % of 6.48% is 24.3% 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 Gelex Group JSC and its competitors. For the Industrial Products industry, the median ROIC % is 5.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gelex Group JSC's current ROIC % is 6.48%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gelex Group JSC stock overvalued right now?
Based on GuruFocus' analysis, Gelex Group JSC (STC:GEX) is currently considered Significantly Overvalued. The stock's GF Value™ is ₫20,881.16, compared to a current price of ₫30,150.00 — trading 44.4% above its estimated fair value. The current ROIC % is 6.48% and 24.3% above the Industrial Products industry median of 5.22. Gelex Group JSC's overall GF Score™ is 73/100 with 5 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 Gelex Group JSC (STC:GEX), the current ROIC % is 6.48% 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 Gelex Group JSC (STC:GEX) Overvalued in 2026?

Based on GuruFocus' analysis, Gelex Group JSC stock appears to be overvalued. The current stock price of ₫30,150.00 is trading 44.4% above its estimated GF Value™ of ₫20,881.16. GuruFocus considers Gelex Group JSC to be Significantly Overvalued.

Key valuation signals for STC:GEX:

  • ROIC %: 6.48%
  • GF Value™: ₫20,881.16 vs. price of ₫30,150.00 (44.4% above fair value)
  • GF Score™: 73/100 with 5 warning signs
  • Industry Position: 24.3% above the Industrial Products median

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


Gelex Group JSC Business Description

Address No. 52, Le Dai Hanh Street, Le Dai Hanh Ward, Hai Ba Trung District, Hanoi, VNM
Gelex Group JSC operates in the industrial production and infrastructure industry. The Industrial production of the company is engaged in manufacturing and supplying of electrical equipment like electric cables, transformers, electric motors and, other electrical equipment; and the Infrastructure consists of production and trade in construction materials, real estate and construction business; production, transmission and distribution of electricity including hydropower, solar power and wind power; exploitation, treatment and supply of clean water; hotel, tourism and office leasing services, houses, and other factories.
73GF Score

Get the complete analysis for STC:GEX

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

₫30,150.00
Price
₫20,881.16
GF Value