Hoang Anh Gia Lai JSC (STC:HAG) ROIC %: 20.35% (As of Mar. 2026)


STC:HAG Hoang Anh Gia Lai JSC STC:HAG
73 GF Score
Price ₫15,300.00
GF Value ₫14,530.48
Valuation Fairly Valued
! 2 Warning Signs
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What is Hoang Anh Gia Lai JSC ROIC %?

Hoang Anh Gia Lai JSC STC:HAG +2.34% 73 ROIC % is 20.35% as of Mar. 2026. GuruFocus rates STC:HAG with a GF Score™ of 73/100 and a GF Value™ of ₫14,530.48 (Fairly Valued). The stock has 2 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 %. Hoang Anh Gia Lai JSC's annualized return on invested capital (ROIC %) for the quarter that ended in Mar. 2026 was 20.35%.

As of today (2026-07-01), Hoang Anh Gia Lai JSC's WACC % is 10.12%. Hoang Anh Gia Lai JSC's ROIC % is 12.03% (calculated using TTM income statement data). Hoang Anh Gia Lai 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.


Hoang Anh Gia Lai JSC  (STC:HAG) 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, Hoang Anh Gia Lai JSC's WACC % is 10.12%. Hoang Anh Gia Lai JSC's ROIC % is 12.03% (calculated using TTM income statement data). Hoang Anh Gia Lai 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.


Hoang Anh Gia Lai JSC ROIC % Related Terms


Hoang Anh Gia Lai JSC ROIC % Historical Data

* Premium members only.

The historical data trend for Hoang Anh Gia Lai 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.

Hoang Anh Gia Lai JSC ROIC % Chart

Hoang Anh Gia Lai 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 0.00 10.58 5.44 9.39 9.31

Hoang Anh Gia Lai 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 8.33 10.69 10.43 6.48 20.35

Hoang Anh Gia Lai JSC ROIC % Competitor Comparison

For the Real Estate - Diversified subindustry, Hoang Anh Gia Lai 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.


Hoang Anh Gia Lai JSC ROIC % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Hoang Anh Gia Lai JSC's ROIC % distribution charts can be found below:

* The bar in red indicates where Hoang Anh Gia Lai JSC's ROIC % falls into.


STC:HAG
73GF Score
Hoang Anh Gia Lai JSC STC:HAG
ROIC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Hoang Anh Gia Lai JSC ROIC % Calculation

Hoang Anh Gia Lai 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 )
=2085242.727 * ( 1 - 0% )/( (19884431.954 + 24907369.215)/ 2 )
=2085242.727/22395900.5845
=9.31 %

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))
=22280815.839 - 5083863.865 - ( 149708.825 - max(0, 11122837.652 - 8435357.672+149708.825))
=19884431.954

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))
=26381628.496 - 3302060.913 - ( 679528.813 - max(0, 10119380.225 - 8291578.593+679528.813))
=24907369.215

Hoang Anh Gia Lai 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 )
=4985314.032 * ( 1 - 0% )/( (24907369.215 + 24098400.604)/ 2 )
=4985314.032/24502884.9095
=20.35 %

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))
=26381628.496 - 3302060.913 - ( 679528.813 - max(0, 10119380.225 - 8291578.593+679528.813))
=24907369.215

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))
=26223308.684 - 2705952.586 - ( 1076003.123 - max(0, 8372533.538 - 7791489.032+1076003.123))
=24098400.604

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 20.35% mean?
Hoang Anh Gia Lai JSC (STC:HAG) has a ROIC % of 20.35% 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 Hoang Anh Gia Lai JSC and its competitors.
Is Hoang Anh Gia Lai JSC's ROIC % too high?
Hoang Anh Gia Lai JSC's current ROIC % is 20.35%. The Real Estate industry median ROIC % is 2.18. Hoang Anh Gia Lai JSC's value of 20.35% is 833.5% above this industry median. Overall, Hoang Anh Gia Lai JSC has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hoang Anh Gia Lai JSC's ROIC % compare to competitors?
Hoang Anh Gia Lai JSC's ROIC % of 20.35% can be compared against companies in the Real Estate industry. The industry median ROIC % is 2.18. Hoang Anh Gia Lai JSC's value of 20.35% is 833.5% 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 Real Estate company?
The median ROIC % among Real Estate companies is 2.18, based on 1,758 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. Hoang Anh Gia Lai JSC's current ROIC % of 20.35% is 833.5% 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 Hoang Anh Gia Lai JSC and its competitors. For the Real Estate industry, the median ROIC % is 2.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hoang Anh Gia Lai JSC's current ROIC % is 20.35%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hoang Anh Gia Lai JSC stock overvalued right now?
Based on GuruFocus' analysis, Hoang Anh Gia Lai JSC (STC:HAG) is currently considered Fairly Valued. The stock's GF Value™ is ₫14,530.48, compared to a current price of ₫15,300.00 — trading 5.3% above its estimated fair value. The current ROIC % is 20.35% and 833.5% above the Real Estate industry median of 2.18. Hoang Anh Gia Lai JSC's overall GF Score™ is 73/100 with 2 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 Hoang Anh Gia Lai JSC (STC:HAG), the current ROIC % is 20.35% 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 Hoang Anh Gia Lai JSC (STC:HAG) Overvalued in 2026?

Based on GuruFocus' analysis, Hoang Anh Gia Lai JSC stock appears to be overvalued. The current stock price of ₫15,300.00 is trading 5.3% above its estimated GF Value™ of ₫14,530.48. GuruFocus considers Hoang Anh Gia Lai JSC to be Fairly Valued.

Key valuation signals for STC:HAG:

  • ROIC %: 20.35%
  • GF Value™: ₫14,530.48 vs. price of ₫15,300.00 (5.3% above fair value)
  • GF Score™: 73/100 with 2 warning signs
  • Industry Position: 833.5% above the Real Estate median

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


Hoang Anh Gia Lai JSC Business Description

Address 15 Truong Chinh Street, Phu Dong Ward, Gia Lai Province, Pleiku, VNM
Hoang Anh Gia Lai JSC is a Vietnam-based company engaged in the development, sale, and lease of residential and commercial properties. It develops, rents, and trades in real estate, including the construction of headquarters, office buildings, amongst others. The group is organised into seven business segments namely, Real Estate, Production, Trading and Services, Construction, Power, Mining, and Agriculture. It also has presence in sport and entertainment industries. Other activities include forestation, rubber cultivation and latex processing, electricity generation and distribution, as well as the provision of hotel and resort services.
73GF Score

Get the complete analysis for STC:HAG

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

₫15,300.00
Price
₫14,530.48
GF Value