Da Nhim Ham Thuan Da Mi Hydro power JSCHSTC:DNH 73 Piotroski F-Score is 8 as of Jun. 26, 2026, which is 14% above its 10-year median of 7.00. GuruFocus rates HSTC:DNH with a GF Score™ of 73/100 and a GF Value™ of ₫49,606.59 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 420 Utilities - Independent Power Producers companies, Da Nhim Ham Thuan Da Mi Hydro power JSC ranks better than 99.05% 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 Nhim Ham Thuan Da Mi Hydro power JSC has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.
Da Nhim Ham Thuan Da Mi Hydro power JSC (HSTC:DNH) 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.
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 Nhim Ham Thuan Da Mi Hydro power JSC Piotroski F-Score Related Terms
Da Nhim Ham Thuan Da Mi Hydro power JSC Piotroski F-Score Historical Data
* 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 Nhim Ham Thuan Da Mi Hydro power JSC Piotroski F-Score Chart
Da Nhim Ham Thuan Da Mi Hydro power JSC Annual Data
Da Nhim Ham Thuan Da Mi Hydro power JSC Piotroski F-Score Competitor Comparison
For the Utilities - Renewable subindustry, Da Nhim Ham Thuan Da Mi Hydro power 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 Nhim Ham Thuan Da Mi Hydro power JSC Piotroski F-Score vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Da Nhim Ham Thuan Da Mi Hydro power JSC's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Da Nhim Ham Thuan Da Mi Hydro power 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 247660.653 + 209567.828 + 300672.541 + 292021.918 = ₫1,049,923 Mil. Cash Flow from Operations was 409392.493 + 816464.884 + 575505.723 + 135756.191 = ₫1,937,119 Mil. Revenue was 629842.689 + 518216.605 + 647378.546 + 585182.762 = ₫2,380,621 Mil. Gross Profit was 365195.512 + 272468.001 + 313688.523 + 348341.481 = ₫1,299,694 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(6920607.648 + 7234792.382 + 7095751.446 + 7423241.353 + 6866245.727) / 5 = ₫7108127.7112 Mil. Total Assets at the begining of this year (Mar25) was ₫6,920,608 Mil. Long-Term Debt & Capital Lease Obligation was ₫1,169,488 Mil. Total Current Assets was ₫2,369,412 Mil. Total Current Liabilities was ₫272,512 Mil.
Net Income was 156397.988 + 281544.97 + 397506.035 + 182621.726 = ₫1,018,071 Mil.
Revenue was 411513.913 + 680383.462 + 757579.42 + 489252.068 = ₫2,338,729 Mil. Gross Profit was 179217.945 + 419446.991 + 449516.495 + 274196.382 = ₫1,322,378 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(6926253.826 + 6802678.408 + 7064184.156 + 7477760.666 + 6920607.648) / 5 = ₫7038296.9408 Mil. Total Assets at the begining of last year (Mar24) was ₫6,926,254 Mil. Long-Term Debt & Capital Lease Obligation was ₫1,321,629 Mil. Total Current Assets was ₫1,985,632 Mil. Total Current Liabilities was ₫240,901 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 Nhim Ham Thuan Da Mi Hydro power JSC's current Net Income (TTM) was 1,049,923.
==> 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 Nhim Ham Thuan Da Mi Hydro power JSC's current Cash Flow from Operations (TTM) was 1,937,119.
==> 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.
Da Nhim Ham Thuan Da Mi Hydro power JSC's return on assets of this year was 0.15170965. Da Nhim Ham Thuan Da Mi Hydro power JSC's return on assets of last year was 0.14698721.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Da Nhim Ham Thuan Da Mi Hydro power JSC's gearing of this year was 0.16452827. Da Nhim Ham Thuan Da Mi Hydro power JSC's gearing of last year was 0.18777678.
==> 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
Da Nhim Ham Thuan Da Mi Hydro power JSC's current ratio of this year was 8.69470683. Da Nhim Ham Thuan Da Mi Hydro power JSC's current ratio of last year was 8.2425305.
==> 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.
Da Nhim Ham Thuan Da Mi Hydro power JSC's number of shares in issue this year was 422.608. Da Nhim Ham Thuan Da Mi Hydro power JSC's number of shares in issue last year was 422.735.
==> 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.
Da Nhim Ham Thuan Da Mi Hydro power JSC's gross margin of this year was 0.54594735. Da Nhim Ham Thuan Da Mi Hydro power JSC's gross margin of last year was 0.56542587.
==> 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
Da Nhim Ham Thuan Da Mi Hydro power JSC's asset turnover of this year was 0.34399011. Da Nhim Ham Thuan Da Mi Hydro power JSC's asset turnover of last year was 0.33766144.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
Piotroski F-Score
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8
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Da Nhim Ham Thuan Da Mi Hydro power JSC has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.
Da Nhim Ham Thuan Da Mi Hydro power JSC (HSTC:DNH) has a Piotroski F-Score of 8 as of Jun. 26, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Da Nhim Ham Thuan Da Mi Hydro power JSC and its competitors. This is 14% above median its historical median of 7.00. Over the past decade, Da Nhim Ham Thuan Da Mi Hydro power JSC's Piotroski F-Score has ranged from 3.00 to 9.00. According to the industry distribution chart, Da Nhim Ham Thuan Da Mi Hydro power JSC ranks #4 out of 420 companies in the Utilities - Independent Power Producers industry, placing it in the top 1%.
Is Da Nhim Ham Thuan Da Mi Hydro power JSC's Piotroski F-Score too high?
Da Nhim Ham Thuan Da Mi Hydro power 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 Utilities - Independent Power Producers industry median Piotroski F-Score is 5.00. Da Nhim Ham Thuan Da Mi Hydro power JSC's value of 8 is 60% above this industry median. Based on the distribution chart, Da Nhim Ham Thuan Da Mi Hydro power JSC ranks #4 out of 420 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, Da Nhim Ham Thuan Da Mi Hydro power JSC has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Da Nhim Ham Thuan Da Mi Hydro power JSC's Piotroski F-Score compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Da Nhim Ham Thuan Da Mi Hydro power JSC ranks #4 out of 420 companies for Piotroski F-Score. This places Da Nhim Ham Thuan Da Mi Hydro power JSC in the top 1% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Da Nhim Ham Thuan Da Mi Hydro power JSC's value of 8 is 60% above this benchmark. Historically, Da Nhim Ham Thuan Da Mi Hydro power 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 5.00, Da Nhim Ham Thuan Da Mi Hydro power 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 Utilities - Independent Power Producers company?
The median Piotroski F-Score among Utilities - Independent Power Producers companies is 5.00, based on 420 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 Nhim Ham Thuan Da Mi Hydro power JSC's current Piotroski F-Score of 8 is 60% 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 Nhim Ham Thuan Da Mi Hydro power JSC and its competitors. For the Utilities - Independent Power Producers 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. Da Nhim Ham Thuan Da Mi Hydro power 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 Nhim Ham Thuan Da Mi Hydro power JSC stock overvalued right now?
Based on GuruFocus' analysis, Da Nhim Ham Thuan Da Mi Hydro power JSC (HSTC:DNH) is currently considered Modestly Overvalued. The stock's GF Value™ is ₫49,606.59, compared to a current price of ₫59,000.00 — trading 18.9% above its estimated fair value. The current Piotroski F-Score is 8, which is 14% above median its 10-year median of 7.00 and 60% above the Utilities - Independent Power Producers industry median of 5.00. Da Nhim Ham Thuan Da Mi Hydro power JSC's overall GF Score™ is 73/100 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 Da Nhim Ham Thuan Da Mi Hydro power JSC (HSTC:DNH), the current Piotroski F-Score is 8 as of Jun. 26, 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 Nhim Ham Thuan Da Mi Hydro power JSC (HSTC:DNH) Overvalued in 2026?
Based on GuruFocus' analysis, Da Nhim Ham Thuan Da Mi Hydro power JSC stock appears to be overvalued.
The current stock price of ₫59,000.00 is trading 18.9% above its estimated GF Value™ of ₫49,606.59.
GuruFocus considers Da Nhim Ham Thuan Da Mi Hydro power JSC to be Modestly Overvalued.
Key valuation signals for HSTC:DNH:
Piotroski F-Score: 8 (14% above median its 10-year median of 7.00)
GF Value™: ₫49,606.59 vs. price of ₫59,000.00 (18.9% above fair value)
Industry Position: 60% above the Utilities - Independent Power Producers median (#4 of 420)
No single metric tells the full story. See the HSTC:DNH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Da Nhim Ham Thuan Da Mi Hydro power JSC Business Description
Da Nhim Ham Thuan Da Mi Hydro power JSC is engaged in the producing and trading of electricity. The company involves managing, operating, and renovating electrical equipment, hydraulic works, architectural works of hydroelectric power plants. The company also makes investments in the construction of hydroelectric, thermal, geothermal, wind power, solar energy projects; and also engaged in anufacturing and trading of electrical, mechanical, telecommunications, and information technology equipment and supplies.
73GF Score
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