SonadeziHSTC:SNZ 89 Piotroski F-Score is 8 as of Jun. 27, 2026, which is 14% above its 10-year median of 7.00. GuruFocus rates HSTC:SNZ with a GF Score™ of 89/100 and a GF Value™ of ₫36,229.33 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,756 Real Estate companies, Sonadezi ranks better than 98.69% 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
Sonadezi 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 Sonadezi's Piotroski F-Score or its related term are showing as below:
HSTC:SNZ'
s Piotroski F-Score Range Over the Past 10 Years
Min: 4 Med: 7 Max: 9
Current: 8
During the past 10 years, the highest Piotroski F-Score of Sonadezi was 9. The lowest was 4. And the median was 7.
Sonadezi (HSTC:SNZ) 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.
Sonadezi Piotroski F-Score Related Terms
Sonadezi Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Sonadezi'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:SNZ vs CBRE, BEKE: Piotroski F-Score Comparison
For the Real Estate Services subindustry, Sonadezi'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.
Sonadezi Piotroski F-Score vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Sonadezi's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Sonadezi'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 491332.643 + 237764.954 + 264063.48 + 198747.55 = ₫1,191,909 Mil. Cash Flow from Operations was 892937.169 + 669871.395 + 605948.026 + 609579.304 = ₫2,778,336 Mil. Revenue was 2104907.532 + 1363169.409 + 1756779.658 + 1294786.587 = ₫6,519,643 Mil. Gross Profit was 1119861.567 + 522995.941 + 710703.863 + 488720.736 = ₫2,842,282 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(21323501.023 + 21953964.966 + 22150548.177 + 22299656.283 + 22986450.155) / 5 = ₫22142824.1208 Mil. Total Assets at the begining of this year (Mar25) was ₫21,323,501 Mil. Long-Term Debt & Capital Lease Obligation was ₫3,282,170 Mil. Total Current Assets was ₫7,561,149 Mil. Total Current Liabilities was ₫3,108,777 Mil.
Net Income was 324386.64 + 192260.786 + 228566.158 + 290340.183 = ₫1,035,554 Mil.
Revenue was 1563875.962 + 1337106.934 + 1678584.103 + 1598635.121 = ₫6,178,202 Mil. Gross Profit was 696958.964 + 461578.674 + 663712.092 + 697127.729 = ₫2,519,377 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(23953289.091 + 21015957.423 + 21270684.522 + 21104200.133 + 21323501.023) / 5 = ₫21733526.4384 Mil. Total Assets at the begining of last year (Mar24) was ₫23,953,289 Mil. Long-Term Debt & Capital Lease Obligation was ₫2,718,489 Mil. Total Current Assets was ₫6,971,154 Mil. Total Current Liabilities was ₫3,542,981 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.
Sonadezi's current Net Income (TTM) was 1,191,909.
==> 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.
Sonadezi's return on assets of this year was 0.05589648. Sonadezi's return on assets of last year was 0.04323222.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Sonadezi's current ratio of this year was 2.43219403. Sonadezi's current ratio of last year was 1.9675955.
==> 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.
Sonadezi's number of shares in issue this year was 376.492. Sonadezi's number of shares in issue last year was 376.492.
==> 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.
Sonadezi's gross margin of this year was 0.4359567. Sonadezi's gross margin of last year was 0.40778489.
==> 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
Sonadezi's asset turnover of this year was 0.30574919. Sonadezi's asset turnover of last year was 0.25792709.
==> 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
Sonadezi has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.
Sonadezi (HSTC:SNZ) 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 Sonadezi and its competitors. This is 14% above median its historical median of 7.00. Over the past decade, Sonadezi's Piotroski F-Score has ranged from 4.00 to 9.00. According to the industry distribution chart, Sonadezi ranks #23 out of 1756 companies in the Real Estate industry, placing it in the top 1.3%.
Is Sonadezi's Piotroski F-Score too high?
Sonadezi'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 4.00 to a high of 9.00. The Real Estate industry median Piotroski F-Score is 5.00. Sonadezi's value of 8 is 60% above this industry median. Based on the distribution chart, Sonadezi ranks #23 out of 1756 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Sonadezi has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sonadezi's Piotroski F-Score compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Sonadezi ranks #23 out of 1756 companies for Piotroski F-Score. This places Sonadezi in the top 1% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Sonadezi's value of 8 is 60% above this benchmark. Historically, Sonadezi'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, Sonadezi 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 Real Estate company?
The median Piotroski F-Score among Real Estate companies is 5.00, based on 1,756 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. Sonadezi'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 Sonadezi and its competitors. For the Real Estate 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. Sonadezi'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 Sonadezi stock overvalued right now?
Based on GuruFocus' analysis, Sonadezi (HSTC:SNZ) is currently considered Modestly Undervalued. The stock's GF Value™ is ₫36,229.33, compared to a current price of ₫27,900.00 — trading 23% 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 60% above the Real Estate industry median of 5.00. Sonadezi's overall GF Score™ is 89/100 with 1 warning sign 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 Sonadezi (HSTC:SNZ), 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 Sonadezi (HSTC:SNZ) Overvalued in 2026?
Based on GuruFocus' analysis, Sonadezi stock appears to be undervalued.
The current stock price of ₫27,900.00 is trading 23% below its estimated GF Value™ of ₫36,229.33.
GuruFocus considers Sonadezi to be Modestly Undervalued.
Key valuation signals for HSTC:SNZ:
Piotroski F-Score: 8 (14% above median its 10-year median of 7.00)
GF Value™: ₫36,229.33 vs. price of ₫27,900.00 (23% below fair value)
Industry Position: 60% above the Real Estate median (#23 of 1756)
No single metric tells the full story. See the HSTC:SNZ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sonadezi Corp is engaged in the field of industrial park infrastructure development. Its services and supporting products include wastewater treatment, solid waste, training, offices for leasing, leasing services of docks, yards, and warehouses, and loading and unloading goods among others. The company has invested and developed twelve industrial parks in Dong Nai and Ba Ria - Vung Tau. The Group is organised on a nation-wide basis into the manufacturing sector: Trading industrial park, trading house and infrastructure, clean water supply, port services, garbage collection and waste treatment, others. It derives maximum revenue from Industrial Park.
89GF Score
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