DAP-VINACHEM JSCHSTC:DDV -2.93%90 Piotroski F-Score is 7 as of Jun. 29, 2026, which is at its 10-year median of 7.00. GuruFocus rates HSTC:DDV with a GF Score™ of 90/100 and a GF Value™ of ₫35,005.41 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 251 Agriculture companies, DAP-VINACHEM JSC ranks better than 90.04% on this metric.
Good Sign:
Piotroski F-Score is 7, 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
DAP-VINACHEM JSC has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.
The historical rank and industry rank for DAP-VINACHEM JSC's Piotroski F-Score or its related term are showing as below:
HSTC:DDV'
s Piotroski F-Score Range Over the Past 10 Years
Min: 4 Med: 7 Max: 9
Current: 7
During the past 6 years, the highest Piotroski F-Score of DAP-VINACHEM JSC was 9. The lowest was 4. And the median was 7.
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.
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.
DAP-VINACHEM JSC Piotroski F-Score Related Terms
DAP-VINACHEM JSC Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for DAP-VINACHEM 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.
HSTC:DDV vs CTVA, CF, MOS: Piotroski F-Score Comparison
For the Agricultural Inputs subindustry, DAP-VINACHEM 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.
DAP-VINACHEM JSC Piotroski F-Score vs Agriculture Industry
For the Agriculture industry and Basic Materials sector, DAP-VINACHEM JSC's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where DAP-VINACHEM JSC's Piotroski F-Score falls into.
* 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 153281.663 + 221100.967 + 137813.471 + 124329.713 = ₫636,526 Mil. Cash Flow from Operations was 80978.623 + 207266.281 + 25822.455 + -71544.011 = ₫242,523 Mil. Revenue was 1600722.305 + 1396631.757 + 1469835.009 + 1842160.944 = ₫6,309,350 Mil. Gross Profit was 238288.986 + 305526.392 + 210740.39 + 201064.676 = ₫955,620 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(2559931.49 + 2688855.239 + 2765710.495 + 3038988.023 + 3094282.613) / 5 = ₫2829553.572 Mil. Total Assets at the begining of this year (Mar25) was ₫2,559,931 Mil. Long-Term Debt & Capital Lease Obligation was ₫4,132 Mil. Total Current Assets was ₫2,525,711 Mil. Total Current Liabilities was ₫698,407 Mil.
Net Income was 64001.91 + 20319.38 + 58766.826 + 121754.609 = ₫264,843 Mil.
Revenue was 936209.212 + 754554.092 + 899382.388 + 1156488.001 = ₫3,746,634 Mil. Gross Profit was 110330.654 + 66896.61 + 118018.338 + 188227.092 = ₫483,473 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(2019369.297 + 2180824.632 + 2105118.029 + 2244946.789 + 2559931.49) / 5 = ₫2222038.0474 Mil. Total Assets at the begining of last year (Mar24) was ₫2,019,369 Mil. Long-Term Debt & Capital Lease Obligation was ₫0 Mil. Total Current Assets was ₫2,097,302 Mil. Total Current Liabilities was ₫659,099 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.
DAP-VINACHEM JSC's current Net Income (TTM) was 636,526.
==> 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.
DAP-VINACHEM JSC's return on assets of this year was 0.24864955. DAP-VINACHEM JSC's return on assets of last year was 0.13115121.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
DAP-VINACHEM JSC's gearing of this year was 0.0014604. DAP-VINACHEM JSC's gearing of last year was 0.
==> 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
DAP-VINACHEM JSC's current ratio of this year was 3.61639005. DAP-VINACHEM JSC's current ratio of last year was 3.18207459.
==> This year's current ratio is higher. ==> Score 1.
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.
DAP-VINACHEM JSC's number of shares in issue this year was 146.11. DAP-VINACHEM JSC's number of shares in issue last year was 146.11.
==> 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.
DAP-VINACHEM JSC's gross margin of this year was 0.151461. DAP-VINACHEM JSC's gross margin of last year was 0.12904189.
==> 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
DAP-VINACHEM JSC's asset turnover of this year was 2.46465581. DAP-VINACHEM JSC's asset turnover of last year was 1.85534845.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
Piotroski F-Score
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7
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
DAP-VINACHEM JSC has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.
DAP-VINACHEM JSC (HSTC:DDV) has a Piotroski F-Score of 7 as of Jun. 29, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on DAP-VINACHEM JSC and its competitors. This is near median its historical median of 7.00. Over the past decade, DAP-VINACHEM JSC's Piotroski F-Score has ranged from 4.00 to 9.00. According to the industry distribution chart, DAP-VINACHEM JSC ranks #25 out of 251 companies in the Agriculture industry, placing it in the top 10%.
Is DAP-VINACHEM JSC's Piotroski F-Score too high?
DAP-VINACHEM JSC's current Piotroski F-Score of 7 is near median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 9.00. The Agriculture industry median Piotroski F-Score is 5.00. DAP-VINACHEM JSC's value of 7 is 40% above this industry median. Based on the distribution chart, DAP-VINACHEM JSC ranks #25 out of 251 companies in the Agriculture industry, which is in the top quartile — a strong position relative to peers. Overall, DAP-VINACHEM JSC has a GF Score™ of 90/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does DAP-VINACHEM JSC's Piotroski F-Score compare to CTVA and CF?
According to the Agriculture industry distribution chart, DAP-VINACHEM JSC ranks #25 out of 251 companies for Piotroski F-Score. This places DAP-VINACHEM JSC in the top 10% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. DAP-VINACHEM JSC's value of 7 is 40% above this benchmark. Historically, DAP-VINACHEM JSC's own Piotroski F-Score has ranged from 4.00 to 9.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 5.00, DAP-VINACHEM 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 an Agriculture company?
The median Piotroski F-Score among Agriculture companies is 5.00, based on 251 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. DAP-VINACHEM JSC's current Piotroski F-Score of 7 is 40% 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 DAP-VINACHEM JSC and its competitors. For the Agriculture industry, the median Piotroski F-Score is 5.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DAP-VINACHEM JSC's current Piotroski F-Score is 7, which is near 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 DAP-VINACHEM JSC stock overvalued right now?
Based on GuruFocus' analysis, DAP-VINACHEM JSC (HSTC:DDV) is currently considered Possible Value Trap. The stock's GF Value™ is ₫35,005.41, compared to a current price of ₫23,200.00 — trading 33.7% below its estimated fair value. The current Piotroski F-Score is 7, which is near median its 10-year median of 7.00 and 40% above the Agriculture industry median of 5.00. DAP-VINACHEM 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 DAP-VINACHEM JSC (HSTC:DDV), the current Piotroski F-Score is 7 as of Jun. 29, 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 DAP-VINACHEM JSC (HSTC:DDV) Overvalued in 2026?
Based on GuruFocus' analysis, DAP-VINACHEM JSC stock appears to be undervalued.
The current stock price of ₫23,200.00 is trading 33.7% below its estimated GF Value™ of ₫35,005.41.
GuruFocus considers DAP-VINACHEM JSC to be Possible Value Trap.
Key valuation signals for HSTC:DDV:
Piotroski F-Score: 7 (near median its 10-year median of 7.00)
GF Value™: ₫35,005.41 vs. price of ₫23,200.00 (33.7% below fair value)
Industry Position: 40% above the Agriculture median (#25 of 251)
No single metric tells the full story. See the HSTC:DDV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
DAP-VINACHEM JSC operates in the manufacturing and trading of agricultural fertilizers. Its activities include manufacturing fertilizers and nitrogen compounds, basic chemicals, generating, transmitting and distributing electricity, repairing machinery and electrical equipment, installing machinery and industrial equipment, wholesale of fertilizers, nitrogen compounds and basic chemicals, warehouse leasing, port toll collection, road freight transport, construction activities, manufacturing cement, lime, plaster, concrete and other non-metallic mineral products, and wholesale of construction materials and installation equipment. Its products and services include DAP fertilizer, chemicals, plaster, and port services.
90GF Score
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