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Vietnam Apatite - Phosphorus JSCHSTC:PAT 67 Piotroski F-Score is 8 as of Aug. 13, 2026, which is 33% above its 10-year median of 6.00. GuruFocus rates HSTC:PAT with a GF Score™ of 67/100 and a GF Value™ of ₫98,535.82 (Significantly Undervalued). The stock has 6 warning signs investors should review. Among 1,560 Chemicals companies, Vietnam Apatite - Phosphorus JSC ranks better than 96.99% 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
Vietnam Apatite - Phosphorus 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 Vietnam Apatite - Phosphorus JSC's Piotroski F-Score or its related term are showing as below:
HSTC:PAT'
s Piotroski F-Score Range Over the Past 10 Years
Min: 6 Med: 6 Max: 8
Current: 8
During the past 5 years, the highest Piotroski F-Score of Vietnam Apatite - Phosphorus JSC was 8. The lowest was 6. And the median was 6.
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.
Vietnam Apatite - Phosphorus JSC Piotroski F-Score Related Terms
Vietnam Apatite - Phosphorus 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.
For the Chemicals subindustry, Vietnam Apatite - Phosphorus 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.
Vietnam Apatite - Phosphorus JSC Piotroski F-Score vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Vietnam Apatite - Phosphorus JSC's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Vietnam Apatite - Phosphorus 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.
*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.
Vietnam Apatite - Phosphorus JSC's current Net Income (TTM) was 343,213.
==> 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.
Vietnam Apatite - Phosphorus JSC's current Cash Flow from Operations (TTM) was 370,754.
==> 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.
Vietnam Apatite - Phosphorus JSC's return on assets of this year was 0.36801071. Vietnam Apatite - Phosphorus JSC's return on assets of last year was 0.21990793.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Vietnam Apatite - Phosphorus JSC's gearing of this year was 0. Vietnam Apatite - Phosphorus JSC's gearing of last year was 0.
==> 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
Vietnam Apatite - Phosphorus JSC's current ratio of this year was 1.36786506. Vietnam Apatite - Phosphorus JSC's current ratio of last year was 1.70226843.
==> 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.
Vietnam Apatite - Phosphorus JSC's number of shares in issue this year was 25. Vietnam Apatite - Phosphorus JSC's number of shares in issue last year was 25.
==> 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.
Vietnam Apatite - Phosphorus JSC's gross margin of this year was 0.228477. Vietnam Apatite - Phosphorus JSC's gross margin of last year was 0.21099213.
==> 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
Vietnam Apatite - Phosphorus JSC's asset turnover of this year was 2.06235161. Vietnam Apatite - Phosphorus JSC's asset turnover of last year was 1.42883445.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
Piotroski F-Score
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Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Vietnam Apatite - Phosphorus JSC has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.
Vietnam Apatite - Phosphorus JSC (HSTC:PAT) has a Piotroski F-Score of 8 as of Aug. 13, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Vietnam Apatite - Phosphorus JSC and its competitors. This is 33% above median its historical median of 6.00. Over the past decade, Vietnam Apatite - Phosphorus JSC's Piotroski F-Score has ranged from 6.00 to 8.00. According to the industry distribution chart, Vietnam Apatite - Phosphorus JSC ranks #47 out of 1560 companies in the Chemicals industry, placing it in the top 3%.
Is Vietnam Apatite - Phosphorus JSC's Piotroski F-Score too high?
Vietnam Apatite - Phosphorus JSC's current Piotroski F-Score of 8 is 33% above median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 6.00 to a high of 8.00. The Chemicals industry median Piotroski F-Score is 5.00. Vietnam Apatite - Phosphorus JSC's value of 8 is 60% above this industry median. Based on the distribution chart, Vietnam Apatite - Phosphorus JSC ranks #47 out of 1560 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Vietnam Apatite - Phosphorus JSC has a GF Score™ of 67/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vietnam Apatite - Phosphorus JSC's Piotroski F-Score compare to DOW?
According to the Chemicals industry distribution chart, Vietnam Apatite - Phosphorus JSC ranks #47 out of 1560 companies for Piotroski F-Score. This places Vietnam Apatite - Phosphorus JSC in the top 3% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Vietnam Apatite - Phosphorus JSC's value of 8 is 60% above this benchmark. Historically, Vietnam Apatite - Phosphorus JSC's own Piotroski F-Score has ranged from 6.00 to 8.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Vietnam Apatite - Phosphorus 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 Chemicals company?
The median Piotroski F-Score among Chemicals companies is 5.00, based on 1,560 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. Vietnam Apatite - Phosphorus 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 Vietnam Apatite - Phosphorus JSC and its competitors. For the Chemicals 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. Vietnam Apatite - Phosphorus JSC's current Piotroski F-Score is 8, which is 33% above 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 Vietnam Apatite - Phosphorus JSC stock overvalued right now?
Based on GuruFocus' analysis, Vietnam Apatite - Phosphorus JSC (HSTC:PAT) is currently considered Significantly Undervalued. The stock's GF Value™ is ₫98,535.82, compared to a current price of ₫65,100.00 — trading 33.9% below its estimated fair value. The current Piotroski F-Score is 8, which is 33% above median its 10-year median of 6.00 and 60% above the Chemicals industry median of 5.00. Vietnam Apatite - Phosphorus JSC's overall GF Score™ is 67/100 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 Vietnam Apatite - Phosphorus JSC (HSTC:PAT), the current Piotroski F-Score is 8 as of Aug. 13, 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 Vietnam Apatite - Phosphorus JSC (HSTC:PAT) Overvalued in 2026?
Based on GuruFocus' analysis, Vietnam Apatite - Phosphorus JSC stock appears to be undervalued.
The current stock price of ₫65,100.00 is trading 33.9% below its estimated GF Value™ of ₫98,535.82.
GuruFocus considers Vietnam Apatite - Phosphorus JSC to be Significantly Undervalued.
Key valuation signals for HSTC:PAT:
Piotroski F-Score: 8 (33% above median its 10-year median of 6.00)
GF Value™: ₫98,535.82 vs. price of ₫65,100.00 (33.9% below fair value)
Industry Position: 60% above the Chemicals median (#47 of 1560)
No single metric tells the full story. See the HSTC:PAT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Vietnam Apatite - Phosphorus JSC engages in the production, processing, and sale of yellow phosphorus and other products derived from yellow phosphorus and apatite, Phosphoric acid. Its product offerings comprise Industrial Phosphoric Acid, Apatite Ore, and Yellow phosphorus.
67GF Score
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