Vip GreenPort JSC (HSTC:VGR) Piotroski F-Score: 6 (As of Jul. 06, 2026) — 25% Below Median


HSTC:VGR Vip GreenPort JSC HSTC:VGR
76 GF Score
Price ₫90,400.00
GF Value ₫54,983.87
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Vip GreenPort JSC Piotroski F-Score?

Vip GreenPort JSC HSTC:VGR -4.24% 76 Piotroski F-Score is 6 as of Jul. 06, 2026, which is 25% below its 10-year median of 8.00. GuruFocus rates HSTC:VGR with a GF Score™ of 76/100 and a GF Value™ of ₫54,983.87 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 978 Transportation companies, Vip GreenPort JSC ranks better than 72.49% on this metric.

The zones of discrimination were as such:

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

Vip GreenPort JSC has an F-score of 6 indicating the company's financial situation is typical for a stable company.

The historical rank and industry rank for Vip GreenPort JSC's Piotroski F-Score or its related term are showing as below:

HSTC:VGR' s Piotroski F-Score Range Over the Past 10 Years
Min: 6   Med: 8   Max: 9
Current: 6

During the past 6 years, the highest Piotroski F-Score of Vip GreenPort JSC was 9. The lowest was 6. And the median was 8.

Vip GreenPort JSC  (HSTC:VGR) 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.


Vip GreenPort JSC Piotroski F-Score Related Terms


Vip GreenPort JSC Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Vip GreenPort 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.

Vip GreenPort JSC Piotroski F-Score Chart

Vip GreenPort JSC Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial N/A N/A 6.00 7.00 8.00

Vip GreenPort JSC Quarterly Data
Mar21 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 9.00 8.00 8.00 6.00

Vip GreenPort JSC Piotroski F-Score Competitor Comparison

For the Marine Shipping subindustry, Vip GreenPort 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.


Vip GreenPort JSC Piotroski F-Score vs Transportation Industry

For the Transportation industry and Industrials sector, Vip GreenPort JSC's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Vip GreenPort JSC's Piotroski F-Score falls into.


HSTC:VGR
76GF Score
Vip GreenPort JSC HSTC:VGR
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 (Mar26) TTM:Last Year (Mar25) TTM:
Net Income was 125210.536 + 125210.499 + 134998.456 + 119086.432 = ₫504,506 Mil.
Cash Flow from Operations was 138600.908 + 153775.624 + 145022.255 + 61219.863 = ₫498,619 Mil.
Revenue was 297774.416 + 303730.23 + 295395.823 + 289062.681 = ₫1,185,963 Mil.
Gross Profit was 149639.716 + 165376.207 + 159052.399 + 148390.843 = ₫622,459 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(1265922.701 + 1263516.52 + 1423693.925 + 1397226.358 + 1450486.675) / 5 = ₫1360169.2358 Mil.
Total Assets at the begining of this year (Mar25) was ₫1,265,923 Mil.
Long-Term Debt & Capital Lease Obligation was ₫0 Mil.
Total Current Assets was ₫1,033,321 Mil.
Total Current Liabilities was ₫441,283 Mil.
Net Income was 92745.932 + 83092.137 + 70468.391 + 111255.012 = ₫357,561 Mil.

Revenue was 284728.152 + 263052.46 + 303098.028 + 256327.906 = ₫1,107,207 Mil.
Gross Profit was 115368.555 + 111741.044 + 100362.266 + 128386.487 = ₫455,858 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(1343701.394 + 1112277.806 + 1106683.487 + 1192807.515 + 1265922.701) / 5 = ₫1204278.5806 Mil.
Total Assets at the begining of last year (Mar24) was ₫1,343,701 Mil.
Long-Term Debt & Capital Lease Obligation was ₫0 Mil.
Total Current Assets was ₫802,273 Mil.
Total Current Liabilities was ₫159,679 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.

Vip GreenPort JSC's current Net Income (TTM) was 504,506. ==> 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.

Vip GreenPort JSC's current Cash Flow from Operations (TTM) was 498,619. ==> 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 (Mar25)
=504505.923/1265922.701
=0.39852822

ROA (Last Year)=Net Income/Total Assets (Mar24)
=357561.472/1343701.394
=0.26610188

Vip GreenPort JSC's return on assets of this year was 0.39852822. Vip GreenPort JSC's return on assets of last year was 0.26610188. ==> 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.

Vip GreenPort JSC's current Net Income (TTM) was 504,506. Vip GreenPort JSC's current Cash Flow from Operations (TTM) was 498,619. ==> 498,619 <= 504,506 ==> CFROA <= ROA ==> Score 0.

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: Mar26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar25 to Mar26
=0/1360169.2358
=0

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=0/1204278.5806
=0

Vip GreenPort JSC's gearing of this year was 0. Vip GreenPort 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

Current Ratio (This Year: Mar26)=Total Current Assets/Total Current Liabilities
=1033320.958/441283.189
=2.34162774

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=802272.588/159678.864
=5.02428792

Vip GreenPort JSC's current ratio of this year was 2.34162774. Vip GreenPort JSC's current ratio of last year was 5.02428792. ==> 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.

Vip GreenPort JSC's number of shares in issue this year was 89.741. Vip GreenPort JSC's number of shares in issue last year was 87.741. ==> There is larger number of shares in issue this year. ==> Score 0.

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
=622459.165/1185963.15
=0.5248554

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=455858.352/1107206.546
=0.41171934

Vip GreenPort JSC's gross margin of this year was 0.5248554. Vip GreenPort JSC's gross margin of last year was 0.41171934. ==> 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 (Mar25)
=1185963.15/1265922.701
=0.93683694

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=1107206.546/1343701.394
=0.82399747

Vip GreenPort JSC's asset turnover of this year was 0.93683694. Vip GreenPort JSC's asset turnover of last year was 0.82399747. ==> This year's asset turnover is higher. ==> Score 1.

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+0+1+0+0+1+1
=6

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

Vip GreenPort JSC has an F-score of 6 indicating the company's financial situation is typical for a stable company.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 6 mean?
Vip GreenPort JSC (HSTC:VGR) has a Piotroski F-Score of 6 as of Jul. 06, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Vip GreenPort JSC and its competitors. This is 25% below median its historical median of 8.00. Over the past decade, Vip GreenPort JSC's Piotroski F-Score has ranged from 6.00 to 9.00. According to the industry distribution chart, Vip GreenPort JSC ranks #269 out of 978 companies in the Transportation industry, placing it in the top 27.5%.
Is Vip GreenPort JSC's Piotroski F-Score too high?
Vip GreenPort JSC's current Piotroski F-Score of 6 is 25% below median its 10-year median of 8.00. Over the past 10 years, this metric has ranged from a low of 6.00 to a high of 9.00. The Transportation industry median Piotroski F-Score is 6.00. Vip GreenPort JSC's value of 6 is 0% at this industry median. Based on the distribution chart, Vip GreenPort JSC ranks #269 out of 978 companies in the Transportation industry, which is above the industry midpoint. Overall, Vip GreenPort JSC has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Vip GreenPort JSC's Piotroski F-Score compare to competitors?
According to the Transportation industry distribution chart, Vip GreenPort JSC ranks #269 out of 978 companies for Piotroski F-Score. This puts Vip GreenPort JSC in the upper half of its industry. The industry median Piotroski F-Score is 6.00. Vip GreenPort JSC's value of 6 is 0% at this benchmark. Historically, Vip GreenPort JSC's own Piotroski F-Score has ranged from 6.00 to 9.00 over the past decade. While the company's 10-year median is 8.00 vs. the industry median of 6.00, Vip GreenPort JSC has consistently been at 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 Transportation company?
The median Piotroski F-Score among Transportation companies is 6.00, based on 978 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. Vip GreenPort JSC's current Piotroski F-Score of 6 is 0% at 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 Vip GreenPort JSC and its competitors. For the Transportation industry, the median Piotroski F-Score is 6.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vip GreenPort JSC's current Piotroski F-Score is 6, which is 25% below median its own 10-year median of 8.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vip GreenPort JSC stock overvalued right now?
Based on GuruFocus' analysis, Vip GreenPort JSC (HSTC:VGR) is currently considered Significantly Overvalued. The stock's GF Value™ is ₫54,983.87, compared to a current price of ₫90,400.00 — trading 64.4% above its estimated fair value. The current Piotroski F-Score is 6, which is 25% below median its 10-year median of 8.00 and 0% at the Transportation industry median of 6.00. Vip GreenPort JSC's overall GF Score™ is 76/100 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 Vip GreenPort JSC (HSTC:VGR), the current Piotroski F-Score is 6 as of Jul. 06, 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 Vip GreenPort JSC (HSTC:VGR) Overvalued in 2026?

Based on GuruFocus' analysis, Vip GreenPort JSC stock appears to be overvalued. The current stock price of ₫90,400.00 is trading 64.4% above its estimated GF Value™ of ₫54,983.87. GuruFocus considers Vip GreenPort JSC to be Significantly Overvalued.

Key valuation signals for HSTC:VGR:

  • Piotroski F-Score: 6 (25% below median its 10-year median of 8.00)
  • GF Value™: ₫54,983.87 vs. price of ₫90,400.00 (64.4% above fair value)
  • GF Score™: 76/100 with 6 warning signs
  • Industry Position: 0% at the Transportation median (#269 of 978)

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


Vip GreenPort JSC Business Description

Address Dinh Vu - Cat Hai Economic Zone, Dong Hai Ward, Hai An District, Hai Phong, VNM
Vip GreenPort JSC is engaged in providing ship and port-related facilities. The Company's principal activities are to provide cargo handling service, warehousing and goods storage service and other transportation support services.
76GF Score

Get the complete analysis for HSTC:VGR

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

₫90,400.00
Price
₫54,983.87
GF Value