Bimson Cement JSC (HSTC:BCC) Piotroski F-Score: 5 (As of Aug. 23, 2026) — 17% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HSTC:BCC Bimson Cement JSC HSTC:BCC
68 GF Score
Price ₫5,900.00
GF Value ₫9,014.07
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Bimson Cement JSC Piotroski F-Score?

Bimson Cement JSC HSTC:BCC 68 Piotroski F-Score is 5 as of Aug. 23, 2026, which is 17% below its 10-year median of 6.00. GuruFocus rates HSTC:BCC with a GF Score™ of 68/100 and a GF Value™ of ₫9,014.07 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 391 Building Materials companies, Bimson Cement JSC ranks worse than 50.38% on this metric.

The zones of discrimination were as such:

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Bimson Cement JSC has an F-score of 5 indicating the company's financial situation is typical for a stable company.

The historical rank and industry rank for Bimson Cement JSC's Piotroski F-Score or its related term are showing as below:

HSTC:BCC' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 6   Max: 9
Current: 5

During the past 13 years, the highest Piotroski F-Score of Bimson Cement JSC was 9. The lowest was 3. And the median was 6.

Bimson Cement JSC  (HSTC:BCC) Piotroski F-Score Explanation

The developer of the system is Joseph D. Piotroski is relatively unknown accounting professor who shuns publicity and rarely gives interviews.

He graduated from the University of Illinois with a B.S. in accounting in 1989, received an M.B.A. from Indiana University in 1994. Five years later, in 1999, after earning a Ph.D. in accounting from the University of Michigan, he became an associate professor of accounting at the University of Chicago.

In 2000, he wrote a research paper called "Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers" (pdf).

He wanted to see if he can develop a system (using a simple nine-point scoring system) that can increase the returns of a strategy of investing in low price to book (referred to in the paper as high book to market) value companies.

What he found was something that exceeded his most optimistic expectations.

Buying only those companies that scored highest (8 or 9) on his nine-point scale, or F-Score as he called it, over the 20 year period from 1976 to 1996 led to an average out-performance over the market of 13.4%.

Even more impressive were the results of a strategy of investing in the highest F-Score companies (8 or 9) and shorting companies with the lowest F-Score (0 or 1).

Over the same period from 1976 to 1996 (20 years) this strategy led to an average yearly return of 23%, substantially outperforming the average S&P 500 index return of 15.83% over the same period.


Bimson Cement JSC Piotroski F-Score Related Terms


Bimson Cement JSC Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Bimson Cement JSC's Piotroski F-Score 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.

Bimson Cement JSC Piotroski F-Score Chart

Bimson Cement JSC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.00 6.00 4.00 7.00 8.00

Bimson Cement JSC Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Piotroski F-Score 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 8.00 8.00 8.00 8.00 5.00

HSTC:BCC vs CRH, VMC, MLM: Piotroski F-Score Comparison

For the Building Materials subindustry, Bimson Cement JSC's Piotroski F-Score, along with its competitors' market caps and Piotroski F-Score 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.


Bimson Cement JSC Piotroski F-Score vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Bimson Cement JSC's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Bimson Cement JSC's Piotroski F-Score falls into.


HSTC:BCC
68GF Score
Bimson Cement JSC HSTC:BCC
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

How is the Piotroski F-Score calculated?

* 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.

This Year (Jun26) TTM:Last Year (Jun25) TTM:
Net Income was -9594.105 + 34657.27 + -10429.966 + 10970.039 = ₫25,603 Mil.
Cash Flow from Operations was 43853.484 + 392422.47 + -195495.374 + 159431.893 = ₫400,212 Mil.
Revenue was 879830.752 + 979629.799 + 875270.254 + 1116253.287 = ₫3,850,984 Mil.
Gross Profit was 68841.943 + 105626.712 + 75846.668 + 112215.235 = ₫362,531 Mil.
Average Total Assets from the begining of this year (Jun25)
to the end of this year (Jun26) was
(3486940.378 + 3458718.764 + 3411553.139 + 3584295.666 + 3574812.725) / 5 = ₫3503264.1344 Mil.
Total Assets at the begining of this year (Jun25) was ₫3,486,940 Mil.
Long-Term Debt & Capital Lease Obligation was ₫24,251 Mil.
Total Current Assets was ₫900,156 Mil.
Total Current Liabilities was ₫1,739,777 Mil.
Net Income was -24434.97 + 41104.996 + -59103.044 + 64217.261 = ₫21,784 Mil.

Revenue was 792794.116 + 984871.416 + 771578.518 + 1065202.176 = ₫3,614,446 Mil.
Gross Profit was 54488.277 + 105844.361 + 24777.618 + 162104.89 = ₫347,215 Mil.
Average Total Assets from the begining of last year (Jun24)
to the end of last year (Jun25) was
(3694373.288 + 3657197.014 + 3412371.649 + 3461349.283 + 3486940.378) / 5 = ₫3542446.3224 Mil.
Total Assets at the begining of last year (Jun24) was ₫3,694,373 Mil.
Long-Term Debt & Capital Lease Obligation was ₫15,205 Mil.
Total Current Assets was ₫890,410 Mil.
Total Current Liabilities was ₫1,682,838 Mil.

*Note: If the latest quarterly/semi-annual/annual total assets data is 0, then we will use previous quarterly/semi-annual/annual data for all the items in the balance sheet.

Profitability

Question 1. Return on Assets (ROA)

Net income before extraordinary items for the year divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

Bimson Cement JSC's current Net Income (TTM) was 25,603. ==> Positive ==> Score 1.

Question 2. Cash Flow Return on Assets (CFROA)

Net cash flow from operating activities (operating cash flow) divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

Bimson Cement JSC's current Cash Flow from Operations (TTM) was 400,212. ==> Positive ==> Score 1.

Question 3. Change in Return on Assets

Compare this year's return on assets (1) to last year's return on assets.

Score 1 if it's higher, 0 if it's lower.

ROA (This Year)=Net Income/Total Assets (Jun25)
=25603.238/3486940.378
=0.00734261

ROA (Last Year)=Net Income/Total Assets (Jun24)
=21784.243/3694373.288
=0.0058966

Bimson Cement JSC's return on assets of this year was 0.00734261. Bimson Cement JSC's return on assets of last year was 0.0058966. ==> This year is higher. ==> Score 1.

Question 4. Quality of Earnings (Accrual)

Compare Cash flow return on assets (2) to return on assets (1)

Score 1 if CFROA > ROA, 0 if CFROA <= ROA.

Bimson Cement JSC's current Net Income (TTM) was 25,603. Bimson Cement JSC's current Cash Flow from Operations (TTM) was 400,212. ==> 400,212 > 25,603 ==> CFROA > ROA ==> Score 1.

Funding

Question 5. Change in Gearing or Leverage

Compare this year's gearing (long-term debt divided by average total assets) to last year's gearing.

Score 0 if this year's gearing is higher, 1 otherwise.

Gearing (This Year: Jun26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun25 to Jun26
=24250.606/3503264.1344
=0.00692229

Gearing (Last Year: Jun25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun24 to Jun25
=15205/3542446.3224
=0.00429223

Bimson Cement JSC's gearing of this year was 0.00692229. Bimson Cement JSC's gearing of last year was 0.00429223. ==> Last year is lower than this year ==> Score 0.

Question 6. Change in Working Capital (Liquidity)

Compare this year's current ratio (current assets divided by current liabilities) to last year's current ratio.

Score 1 if this year's current ratio is higher, 0 if it's lower

Current Ratio (This Year: Jun26)=Total Current Assets/Total Current Liabilities
=900155.929/1739777.333
=0.5173972

Current Ratio (Last Year: Jun25)=Total Current Assets/Total Current Liabilities
=890409.633/1682838.238
=0.52911184

Bimson Cement JSC's current ratio of this year was 0.5173972. Bimson Cement JSC's current ratio of last year was 0.52911184. ==> Last year's current ratio is higher ==> Score 0.

Question 7. Change in Shares in Issue

Compare the number of shares in issue this year, to the number in issue last year.

Score 0 if there is larger number of shares in issue this year, 1 otherwise.

Bimson Cement JSC's number of shares in issue this year was 123.714. Bimson Cement JSC's number of shares in issue last year was 123.288. ==> There is larger number of shares in issue this year. ==> Score 0.

Efficiency

Question 8. Change in Gross Margin

Compare this year's gross margin (Gross Profit divided by sales) to last year's.

Score 1 if this year's gross margin is higher, 0 if it's lower.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=362530.558/3850984.092
=0.09413972

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=347215.146/3614446.226
=0.09606317

Bimson Cement JSC's gross margin of this year was 0.09413972. Bimson Cement JSC's gross margin of last year was 0.09606317. ==> Last year's gross margin is higher ==> Score 0.

Question 9. Change in asset turnover

Compare this year's asset turnover (total sales for the year divided by total assets at the beginning of the year) to last year's asset turnover ratio.

Score 1 if this year's asset turnover ratio is higher, 0 if it's lower

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Jun25)
=3850984.092/3486940.378
=1.10440205

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Jun24)
=3614446.226/3694373.288
=0.97836519

Bimson Cement JSC's asset turnover of this year was 1.10440205. Bimson Cement JSC's asset turnover of last year was 0.97836519. ==> This year's asset turnover is higher. ==> Score 1.

Evaluation

Piotroski F-Score= Que. 1+ Que. 2+ Que. 3+Que. 4+Que. 5+Que. 6+Que. 7+Que. 8+Que. 9
=1+1+1+1+0+0+0+0+1
=5

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Bimson Cement JSC has an F-score of 5 indicating the company's financial situation is typical for a stable company.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 5 mean?
Bimson Cement JSC (HSTC:BCC) has a Piotroski F-Score of 5 as of Aug. 23, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Bimson Cement JSC and its competitors. This is 17% below median its historical median of 6.00. Over the past decade, Bimson Cement JSC's Piotroski F-Score has ranged from 3.00 to 9.00. According to the industry distribution chart, Bimson Cement JSC ranks #197 out of 391 companies in the Building Materials industry, placing it in the top 50.4%.
Is Bimson Cement JSC's Piotroski F-Score too high?
Bimson Cement JSC's current Piotroski F-Score of 5 is 17% below median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 9.00. The Building Materials industry median Piotroski F-Score is 6.00. Bimson Cement JSC's value of 5 is 16.7% below this industry median. Based on the distribution chart, Bimson Cement JSC ranks #197 out of 391 companies in the Building Materials industry, which is below the industry midpoint. Overall, Bimson Cement JSC has a GF Score™ of 68/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Bimson Cement JSC's Piotroski F-Score compare to CRH and VMC?
According to the Building Materials industry distribution chart, Bimson Cement JSC ranks #197 out of 391 companies for Piotroski F-Score. This places Bimson Cement JSC in the lower half of its industry. The industry median Piotroski F-Score is 6.00. Bimson Cement JSC's value of 5 is 16.7% below this benchmark. Historically, Bimson Cement JSC's own Piotroski F-Score has ranged from 3.00 to 9.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 6.00, Bimson Cement JSC has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Piotroski F-Score for a Building Materials company?
The median Piotroski F-Score among Building Materials companies is 6.00, based on 391 companies in the industry. Companies in the top quartile (top 25%) have a Piotroski F-Score significantly above this median, while those in the bottom quartile fall well below. However, Piotroski F-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Bimson Cement JSC's current Piotroski F-Score of 5 is 16.7% below 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 Piotroski F-Score mean?
A high Piotroski F-Score can signal that a stock is expensive relative to its fundamentals. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Bimson Cement JSC and its competitors. For the Building Materials industry, the median Piotroski F-Score is 6.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bimson Cement JSC's current Piotroski F-Score is 5, which is 17% below median its own 10-year median of 6.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bimson Cement JSC stock overvalued right now?
Based on GuruFocus' analysis, Bimson Cement JSC (HSTC:BCC) is currently considered Possible Value Trap. The stock's GF Value™ is ₫9,014.07, compared to a current price of ₫5,900.00 — trading 34.5% below its estimated fair value. The current Piotroski F-Score is 5, which is 17% below median its 10-year median of 6.00 and 16.7% below the Building Materials industry median of 6.00. Bimson Cement JSC's overall GF Score™ is 68/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Piotroski F-Score calculated?
Piotroski F-Score is calculated from a company's financial statements. For Bimson Cement JSC (HSTC:BCC), the current Piotroski F-Score is 5 as of Aug. 23, 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 Bimson Cement JSC (HSTC:BCC) Overvalued in 2026?

Based on GuruFocus' analysis, Bimson Cement JSC stock appears to be undervalued. The current stock price of ₫5,900.00 is trading 34.5% below its estimated GF Value™ of ₫9,014.07. GuruFocus considers Bimson Cement JSC to be Possible Value Trap.

Key valuation signals for HSTC:BCC:

  • Piotroski F-Score: 5 (17% below median its 10-year median of 6.00)
  • GF Value™: ₫9,014.07 vs. price of ₫5,900.00 (34.5% below fair value)
  • GF Score™: 68/100 with 6 warning signs
  • Industry Position: 16.7% below the Building Materials median (#197 of 391)

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


Bimson Cement JSC Business Description

Address Group No. 7, Bim Son Ward, Thanh Hoa Province, Thanh Hoa, VNM
Bimson Cement JSC is a cement company. It is engaged in the business of manufacturing, trading, importing, and exporting cement and clinker. The company is also involved in manufacturing and trading other building materials. The company is engaged in the production and trade of cement, clinker, and the production of building materials and cement additives, as well as mineral processing for cement production.
68GF Score

Get the complete analysis for HSTC:BCC

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

₫5,900.00
Price
₫9,014.07
GF Value