Southern Gas Trading JSC (HSTC:PGS) Piotroski F-Score: 8 (As of Sep. 04, 2026) — 33% Above Median

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HSTC:PGS Southern Gas Trading JSC HSTC:PGS
66 GF Score
Price ₫63,000.00
GF Value ₫34,407.40
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Southern Gas Trading JSC Piotroski F-Score?

Southern Gas Trading JSC HSTC:PGS 66 Piotroski F-Score is 8 as of Sep. 04, 2026, which is 33% above its 10-year median of 6.00. GuruFocus rates HSTC:PGS with a GF Score™ of 66/100 and a GF Value™ of ₫34,407.40 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 995 Oil & Gas companies, Southern Gas Trading JSC ranks better than 97.79% 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

Southern Gas Trading 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 Southern Gas Trading JSC's Piotroski F-Score or its related term are showing as below:

HSTC:PGS' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 6   Max: 8
Current: 8

During the past 13 years, the highest Piotroski F-Score of Southern Gas Trading JSC was 8. The lowest was 3. And the median was 6.

Southern Gas Trading JSC  (HSTC:PGS) 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.


Southern Gas Trading JSC Piotroski F-Score Related Terms


Southern Gas Trading JSC Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Southern Gas Trading 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.

Southern Gas Trading JSC Piotroski F-Score Chart

Southern Gas Trading 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 8.00 4.00 7.00 6.00 6.00

Southern Gas Trading 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 6.00 7.00 6.00 5.00 8.00

HSTC:PGS vs XOM, CVX: Piotroski F-Score Comparison

For the Oil & Gas Integrated subindustry, Southern Gas Trading 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.


Southern Gas Trading JSC Piotroski F-Score vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Southern Gas Trading JSC's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Southern Gas Trading JSC's Piotroski F-Score falls into.


HSTC:PGS
66GF Score
Southern Gas Trading JSC HSTC:PGS
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 36357.905 + 14084.396 + 30471.347 + 54988.874 = ₫135,903 Mil.
Cash Flow from Operations was 34431.311 + -72414.866 + -28052.676 + 375910.964 = ₫309,875 Mil.
Revenue was 1493509.219 + 1433900.02 + 1417645.664 + 2001877.512 = ₫6,346,932 Mil.
Gross Profit was 226632.037 + 213864.438 + 262381.766 + 344281 = ₫1,047,159 Mil.
Average Total Assets from the begining of this year (Jun25)
to the end of this year (Jun26) was
(2877113.311 + 2667336.914 + 2553835.834 + 2421836.777 + 2668222.061) / 5 = ₫2637668.9794 Mil.
Total Assets at the begining of this year (Jun25) was ₫2,877,113 Mil.
Long-Term Debt & Capital Lease Obligation was ₫0 Mil.
Total Current Assets was ₫1,698,926 Mil.
Total Current Liabilities was ₫1,566,391 Mil.
Net Income was 35424.459 + 18399.613 + 29238.074 + 35322.139 = ₫118,384 Mil.

Revenue was 1641663.794 + 1709885.997 + 1557128.543 + 1677794.052 = ₫6,586,472 Mil.
Gross Profit was 251259.566 + 233756.451 + 247170.575 + 234241.171 = ₫966,428 Mil.
Average Total Assets from the begining of last year (Jun24)
to the end of last year (Jun25) was
(2590003.24 + 2472047.981 + 2841418.345 + 2623406.481 + 2877113.311) / 5 = ₫2680797.8716 Mil.
Total Assets at the begining of last year (Jun24) was ₫2,590,003 Mil.
Long-Term Debt & Capital Lease Obligation was ₫7,257 Mil.
Total Current Assets was ₫1,872,853 Mil.
Total Current Liabilities was ₫1,759,962 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.

Southern Gas Trading JSC's current Net Income (TTM) was 135,903. ==> 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.

Southern Gas Trading JSC's current Cash Flow from Operations (TTM) was 309,875. ==> 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)
=135902.522/2877113.311
=0.04723572

ROA (Last Year)=Net Income/Total Assets (Jun24)
=118384.285/2590003.24
=0.04570816

Southern Gas Trading JSC's return on assets of this year was 0.04723572. Southern Gas Trading JSC's return on assets of last year was 0.04570816. ==> 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.

Southern Gas Trading JSC's current Net Income (TTM) was 135,903. Southern Gas Trading JSC's current Cash Flow from Operations (TTM) was 309,875. ==> 309,875 > 135,903 ==> 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
=0/2637668.9794
=0

Gearing (Last Year: Jun25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun24 to Jun25
=7256.893/2680797.8716
=0.00270699

Southern Gas Trading JSC's gearing of this year was 0. Southern Gas Trading JSC's gearing of last year was 0.00270699. ==> 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: Jun26)=Total Current Assets/Total Current Liabilities
=1698926.097/1566391.086
=1.0846117

Current Ratio (Last Year: Jun25)=Total Current Assets/Total Current Liabilities
=1872852.736/1759961.685
=1.06414404

Southern Gas Trading JSC's current ratio of this year was 1.0846117. Southern Gas Trading JSC's current ratio of last year was 1.06414404. ==> 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.

Southern Gas Trading JSC's number of shares in issue this year was 50.31. Southern Gas Trading JSC's number of shares in issue last year was 51.792. ==> 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
=1047159.241/6346932.415
=0.16498667

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=966427.763/6586472.386
=0.14672919

Southern Gas Trading JSC's gross margin of this year was 0.16498667. Southern Gas Trading JSC's gross margin of last year was 0.14672919. ==> 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 (Jun25)
=6346932.415/2877113.311
=2.20600711

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Jun24)
=6586472.386/2590003.24
=2.54303635

Southern Gas Trading JSC's asset turnover of this year was 2.20600711. Southern Gas Trading JSC's asset turnover of last year was 2.54303635. ==> Last year's asset turnover is higher ==> Score 0.

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+1+1+1+0
=8

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

Southern Gas Trading 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?
Southern Gas Trading JSC (HSTC:PGS) has a Piotroski F-Score of 8 as of Sep. 04, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Southern Gas Trading JSC and its competitors. This is 33% above median its historical median of 6.00. Over the past decade, Southern Gas Trading JSC's Piotroski F-Score has ranged from 3.00 to 8.00. According to the industry distribution chart, Southern Gas Trading JSC ranks #22 out of 995 companies in the Oil & Gas industry, placing it in the top 2.2%.
Is Southern Gas Trading JSC's Piotroski F-Score too high?
Southern Gas Trading 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 3.00 to a high of 8.00. The Oil & Gas industry median Piotroski F-Score is 5.00. Southern Gas Trading JSC's value of 8 is 60% above this industry median. Based on the distribution chart, Southern Gas Trading JSC ranks #22 out of 995 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Southern Gas Trading JSC has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Southern Gas Trading JSC's Piotroski F-Score compare to XOM and CVX?
According to the Oil & Gas industry distribution chart, Southern Gas Trading JSC ranks #22 out of 995 companies for Piotroski F-Score. This places Southern Gas Trading JSC in the top 2% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Southern Gas Trading JSC's value of 8 is 60% above this benchmark. Historically, Southern Gas Trading JSC's own Piotroski F-Score has ranged from 3.00 to 8.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Southern Gas Trading 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 Oil & Gas company?
The median Piotroski F-Score among Oil & Gas companies is 5.00, based on 995 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. Southern Gas Trading 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 Southern Gas Trading JSC and its competitors. For the Oil & Gas 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. Southern Gas Trading 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 Southern Gas Trading JSC stock overvalued right now?
Based on GuruFocus' analysis, Southern Gas Trading JSC (HSTC:PGS) is currently considered Significantly Overvalued. The stock's GF Value™ is ₫34,407.40, compared to a current price of ₫63,000.00 — trading 83.1% above 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 Oil & Gas industry median of 5.00. Southern Gas Trading JSC's overall GF Score™ is 66/100 with 8 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 Southern Gas Trading JSC (HSTC:PGS), the current Piotroski F-Score is 8 as of Sep. 04, 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 Southern Gas Trading JSC (HSTC:PGS) Overvalued in 2026?

Based on GuruFocus' analysis, Southern Gas Trading JSC stock appears to be overvalued. The current stock price of ₫63,000.00 is trading 83.1% above its estimated GF Value™ of ₫34,407.40. GuruFocus considers Southern Gas Trading JSC to be Significantly Overvalued.

Key valuation signals for HSTC:PGS:

  • Piotroski F-Score: 8 (33% above median its 10-year median of 6.00)
  • GF Value™: ₫34,407.40 vs. price of ₫63,000.00 (83.1% above fair value)
  • GF Score™: 66/100 with 8 warning signs
  • Industry Position: 60% above the Oil & Gas median (#22 of 995)

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


Southern Gas Trading JSC Business Description

Industry EnergyOil & Gas
Address No 1-5 Le Duan Street, 4th Floor, PetroVietnam Tower, Ben Nghe Ward, District 1, Ho Chi Minh City, VNM
Southern Gas Trading JSC is engaged in the retail of liquefied petroleum gas (LPG), compressed natural gas (CNG), and liquefied natural gas (LNG); electricity production, transmission, and distribution; production of metal containers for compressed and liquefied petroleum gas; repair, maintenance, and operation of LPG, CNG, and LNG tanks, pipelines, storage facilities, machinery, and equipment; architectural, technical, construction, and investment consultancy activities for LPG, LNG, and CNG projects and systems; and completion of construction projects. Its products and services include Liquefied Petroleum Gas (LPG), Compressed Natural Gas (CNG), Liquefied Natural Gas (LNG), LPG Cylinder, and Certificate of Liability Insurance.
66GF Score

Get the complete analysis for HSTC:PGS

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

₫63,000.00
Price
₫34,407.40
GF Value