Da Nang Port JSC (HSTC:CDN) Piotroski F-Score: 8 (As of Jun. 27, 2026) — 14% Above Median


HSTC:CDN Da Nang Port JSC HSTC:CDN
90 GF Score
Price ₫27,900.00
GF Value ₫39,649.59
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Da Nang Port JSC Piotroski F-Score?

Da Nang Port JSC HSTC:CDN 90 Piotroski F-Score is 8 as of Jun. 27, 2026, which is 14% above its 10-year median of 7.00. GuruFocus rates HSTC:CDN with a GF Score™ of 90/100 and a GF Value™ of ₫39,649.59 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 979 Transportation companies, Da Nang Port JSC ranks better than 97.45% on this metric.

Good Sign:

Piotroski F-Score is 8, indicates a very healthy situation.

The zones of discrimination were as such:

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

Da Nang Port JSC has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.

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

HSTC:CDN' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 7   Max: 9
Current: 8

During the past 8 years, the highest Piotroski F-Score of Da Nang Port JSC was 9. The lowest was 3. And the median was 7.

Da Nang Port JSC  (HSTC:CDN) 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.


Da Nang Port JSC Piotroski F-Score Related Terms


Da Nang Port JSC Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Da Nang Port 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.

Da Nang Port JSC Piotroski F-Score Chart

Da Nang Port JSC Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial 8.00 7.00 4.00 6.00 8.00

Da Nang Port JSC Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 7.00 7.00 6.00 8.00 8.00

Da Nang Port JSC Piotroski F-Score Competitor Comparison

For the Marine Shipping subindustry, Da Nang Port 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.


Da Nang Port JSC Piotroski F-Score vs Transportation Industry

For the Transportation industry and Industrials sector, Da Nang Port JSC's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Da Nang Port JSC's Piotroski F-Score falls into.


HSTC:CDN
90GF Score
Da Nang Port JSC HSTC:CDN
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 (Mar26) TTM:Last Year (Mar25) TTM:
Net Income was 97042.354 + 111707.362 + 75595.07 + 124718.423 = ₫409,063 Mil.
Cash Flow from Operations was 193444.648 + 175078.582 + 103969.298 + 17899.549 = ₫490,392 Mil.
Revenue was 410587.546 + 416101.592 + 459572.223 + 481741.082 = ₫1,768,002 Mil.
Gross Profit was 155290.156 + 175999.46 + 175185.987 + 187035.964 = ₫693,512 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(2481181.783 + 2627607.425 + 2666142.665 + 2748655.519 + 2841340.674) / 5 = ₫2672985.6132 Mil.
Total Assets at the begining of this year (Mar25) was ₫2,481,182 Mil.
Long-Term Debt & Capital Lease Obligation was ₫394,410 Mil.
Total Current Assets was ₫1,309,557 Mil.
Total Current Liabilities was ₫267,179 Mil.
Net Income was 72769.042 + 79536.679 + 71987.197 + 84073.735 = ₫308,367 Mil.

Revenue was 351035.166 + 366375.823 + 381231.732 + 369866.803 = ₫1,468,510 Mil.
Gross Profit was 108124.206 + 139451.797 + 143032.955 + 142278.668 = ₫532,888 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(2263284.853 + 2363430.006 + 2446346.043 + 2460174.705 + 2481181.783) / 5 = ₫2402883.478 Mil.
Total Assets at the begining of last year (Mar24) was ₫2,263,285 Mil.
Long-Term Debt & Capital Lease Obligation was ₫363,992 Mil.
Total Current Assets was ₫1,000,564 Mil.
Total Current Liabilities was ₫202,642 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.

Da Nang Port JSC's current Net Income (TTM) was 409,063. ==> 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.

Da Nang Port JSC's current Cash Flow from Operations (TTM) was 490,392. ==> 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 (Mar25)
=409063.209/2481181.783
=0.16486628

ROA (Last Year)=Net Income/Total Assets (Mar24)
=308366.653/2263284.853
=0.13624739

Da Nang Port JSC's return on assets of this year was 0.16486628. Da Nang Port JSC's return on assets of last year was 0.13624739. ==> 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.

Da Nang Port JSC's current Net Income (TTM) was 409,063. Da Nang Port JSC's current Cash Flow from Operations (TTM) was 490,392. ==> 490,392 > 409,063 ==> 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: Mar26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar25 to Mar26
=394410.407/2672985.6132
=0.14755426

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=363991.822/2402883.478
=0.15148126

Da Nang Port JSC's gearing of this year was 0.14755426. Da Nang Port JSC's gearing of last year was 0.15148126. ==> This year is lower or equal to last year. ==> Score 1.

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: Mar26)=Total Current Assets/Total Current Liabilities
=1309557.36/267179.425
=4.90141544

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=1000563.765/202642.225
=4.93758774

Da Nang Port JSC's current ratio of this year was 4.90141544. Da Nang Port JSC's current ratio of last year was 4.93758774. ==> 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.

Da Nang Port JSC's number of shares in issue this year was 98.983. Da Nang Port JSC's number of shares in issue last year was 99.027. ==> There is smaller number of shares in issue this year, or the same. ==> Score 1.

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
=693511.567/1768002.443
=0.39225713

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=532887.626/1468509.524
=0.36287652

Da Nang Port JSC's gross margin of this year was 0.39225713. Da Nang Port JSC's gross margin of last year was 0.36287652. ==> This year's gross margin is higher. ==> Score 1.

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 (Mar25)
=1768002.443/2481181.783
=0.71256466

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=1468509.524/2263284.853
=0.6488399

Da Nang Port JSC's asset turnover of this year was 0.71256466. Da Nang Port JSC's asset turnover of last year was 0.6488399. ==> 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+1+0+1+1+1
=8

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

Da Nang Port JSC has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 8 mean?
Da Nang Port JSC (HSTC:CDN) has a Piotroski F-Score of 8 as of Jun. 27, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Da Nang Port JSC and its competitors. This is 14% above median its historical median of 7.00. Over the past decade, Da Nang Port JSC's Piotroski F-Score has ranged from 3.00 to 9.00. According to the industry distribution chart, Da Nang Port JSC ranks #25 out of 979 companies in the Transportation industry, placing it in the top 2.6%.
Is Da Nang Port JSC's Piotroski F-Score too high?
Da Nang Port JSC's current Piotroski F-Score of 8 is 14% above median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 9.00. The Transportation industry median Piotroski F-Score is 6.00. Da Nang Port JSC's value of 8 is 33.3% above this industry median. Based on the distribution chart, Da Nang Port JSC ranks #25 out of 979 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Da Nang Port JSC has a GF Score™ of 90/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Da Nang Port JSC's Piotroski F-Score compare to competitors?
According to the Transportation industry distribution chart, Da Nang Port JSC ranks #25 out of 979 companies for Piotroski F-Score. This places Da Nang Port JSC in the top 3% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 6.00. Da Nang Port JSC's value of 8 is 33.3% above this benchmark. Historically, Da Nang Port 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 7.00 vs. the industry median of 6.00, Da Nang Port JSC has consistently been above 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 Transportation company?
The median Piotroski F-Score among Transportation companies is 6.00, based on 979 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. Da Nang Port JSC's current Piotroski F-Score of 8 is 33.3% 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 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 Da Nang Port JSC and its competitors. For the Transportation 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. Da Nang Port JSC's current Piotroski F-Score is 8, which is 14% above median its own 10-year median of 7.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Da Nang Port JSC stock overvalued right now?
Based on GuruFocus' analysis, Da Nang Port JSC (HSTC:CDN) is currently considered Significantly Undervalued. The stock's GF Value™ is ₫39,649.59, compared to a current price of ₫27,900.00 — trading 29.6% below its estimated fair value. The current Piotroski F-Score is 8, which is 14% above median its 10-year median of 7.00 and 33.3% above the Transportation industry median of 6.00. Da Nang Port JSC's overall GF Score™ is 90/100 with 3 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 Da Nang Port JSC (HSTC:CDN), the current Piotroski F-Score is 8 as of Jun. 27, 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 Da Nang Port JSC (HSTC:CDN) Overvalued in 2026?

Based on GuruFocus' analysis, Da Nang Port JSC stock appears to be undervalued. The current stock price of ₫27,900.00 is trading 29.6% below its estimated GF Value™ of ₫39,649.59. GuruFocus considers Da Nang Port JSC to be Significantly Undervalued.

Key valuation signals for HSTC:CDN:

  • Piotroski F-Score: 8 (14% above median its 10-year median of 7.00)
  • GF Value™: ₫39,649.59 vs. price of ₫27,900.00 (29.6% below fair value)
  • GF Score™: 90/100 with 3 warning signs
  • Industry Position: 33.3% above the Transportation median (#25 of 979)

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


Da Nang Port JSC Business Description

Address 26 Bach Dang street, Thach Thang Ward, Hai Chau District, Da Nang, VNM
Da Nang Port JSC is a Vietnam-based shipping and logistics company. The main activities of the company are Cargo Handling, which includes Loading and unloading goods by road, loading and unloading seaport goods, loading and unloading goods at river ports; Service activities that directly support water transport; warehousing and storing goods in cold storage, bonded warehouses; wholesale and retail of solid, liquid, gaseous fuels and related products. The company generates majorly all of its revenue from Vietnam itself.
90GF Score

Get the complete analysis for HSTC:CDN

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

₫27,900.00
Price
₫39,649.59
GF Value