GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Vietnam Livestock Corp ( VILICO ) JSC (HSTC:VLC) » Definitions » Piotroski F-Score

Vietnam Livestock ( VILICO ) JSC (HSTC:VLC) Piotroski F-Score : 4 (As of Apr. 02, 2025)


View and export this data going back to 2015. Start your Free Trial

What is Vietnam Livestock ( VILICO ) JSC Piotroski F-Score?

The zones of discrimination were as such:

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

Vietnam Livestock ( VILICO ) JSC has an F-score of 4 indicating the company's financial situation is typical for a stable company.

The historical rank and industry rank for Vietnam Livestock ( VILICO ) JSC's Piotroski F-Score or its related term are showing as below:

HSTC:VLC' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 5   Max: 6
Current: 4

During the past 5 years, the highest Piotroski F-Score of Vietnam Livestock ( VILICO ) JSC was 6. The lowest was 3. And the median was 5.


Vietnam Livestock ( VILICO ) JSC Piotroski F-Score Historical Data

The historical data trend for Vietnam Livestock ( VILICO ) 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.

* Premium members only.

Vietnam Livestock ( VILICO ) JSC Piotroski F-Score Chart

Vietnam Livestock ( VILICO ) JSC Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Piotroski F-Score
N/A N/A N/A 6.00 5.00

Vietnam Livestock ( VILICO ) JSC Quarterly Data
Dec19 Dec20 Mar21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 N/A 5.00 3.00 N/A 4.00

Competitive Comparison of Vietnam Livestock ( VILICO ) JSC's Piotroski F-Score

For the Farm Products subindustry, Vietnam Livestock ( VILICO ) 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 Livestock ( VILICO ) JSC's Piotroski F-Score Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Vietnam Livestock ( VILICO ) JSC's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Vietnam Livestock ( VILICO ) JSC's Piotroski F-Score falls into.


;
;

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 (Sep24) TTM:Last Year (Sep23) TTM:
Net Income was 35373.802 + 3541.926 + 10596.272 + 14751.375 = ₫64,263 Mil.
Cash Flow from Operations was -2932.221 + -85931.392 + -6755.247 + 96367.5 = ₫749 Mil.
Revenue was 803452.937 + 631795.104 + 816934.172 + 750136.637 = ₫3,002,319 Mil.
Gross Profit was 245229.856 + 162693.553 + 231133.149 + 181886.377 = ₫820,943 Mil.
Average Total Assets from the begining of this year (Sep23)
to the end of this year (Sep24) was
(6029593.232 + 5914536.095 + 6728183.702 + 6699084.008 + 6789479.648) / 5 = ₫6432175.337 Mil.
Total Assets at the begining of this year (Sep23) was ₫6,029,593 Mil.
Long-Term Debt & Capital Lease Obligation was ₫0 Mil.
Total Current Assets was ₫4,500,735 Mil.
Total Current Liabilities was ₫663,302 Mil.
Net Income was 22534.606 + 47748.006 + 34194.247 + 39286.59 = ₫143,763 Mil.

Revenue was 788951.406 + 736343.323 + 792364.053 + 819844.778 = ₫3,137,504 Mil.
Gross Profit was 245282.552 + 224164.317 + 232120.558 + 244800.452 = ₫946,368 Mil.
Average Total Assets from the begining of last year (Sep22)
to the end of last year (Sep23) was
(4734531.458 + 4898376.54 + 4987141.28 + 5403163.343 + 6029593.232) / 5 = ₫5210561.1706 Mil.
Total Assets at the begining of last year (Sep22) was ₫4,734,531 Mil.
Long-Term Debt & Capital Lease Obligation was ₫0 Mil.
Total Current Assets was ₫4,684,802 Mil.
Total Current Liabilities was ₫500,776 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.

Vietnam Livestock ( VILICO ) JSC's current Net Income (TTM) was 64,263. ==> 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 Livestock ( VILICO ) JSC's current Cash Flow from Operations (TTM) was 749. ==> 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 (Sep23)
=64263.375/6029593.232
=0.010658

ROA (Last Year)=Net Income/Total Assets (Sep22)
=143763.449/4734531.458
=0.03036487

Vietnam Livestock ( VILICO ) JSC's return on assets of this year was 0.010658. Vietnam Livestock ( VILICO ) JSC's return on assets of last year was 0.03036487. ==> Last year is higher ==> Score 0.

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.

Vietnam Livestock ( VILICO ) JSC's current Net Income (TTM) was 64,263. Vietnam Livestock ( VILICO ) JSC's current Cash Flow from Operations (TTM) was 749. ==> 749 <= 64,263 ==> 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: Sep24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Sep23 to Sep24
=0/6432175.337
=0

Gearing (Last Year: Sep23)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Sep22 to Sep23
=0/5210561.1706
=0

Vietnam Livestock ( VILICO ) JSC's gearing of this year was 0. Vietnam Livestock ( VILICO ) 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: Sep24)=Total Current Assets/Total Current Liabilities
=4500735.153/663302.215
=6.78534618

Current Ratio (Last Year: Sep23)=Total Current Assets/Total Current Liabilities
=4684801.792/500776.024
=9.35508404

Vietnam Livestock ( VILICO ) JSC's current ratio of this year was 6.78534618. Vietnam Livestock ( VILICO ) JSC's current ratio of last year was 9.35508404. ==> 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 Livestock ( VILICO ) JSC's number of shares in issue this year was 212.492. Vietnam Livestock ( VILICO ) JSC's number of shares in issue last year was 212.492. ==> 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.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=820942.935/3002318.85
=0.27343629

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=946367.879/3137503.56
=0.30163085

Vietnam Livestock ( VILICO ) JSC's gross margin of this year was 0.27343629. Vietnam Livestock ( VILICO ) JSC's gross margin of last year was 0.30163085. ==> 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

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Sep23)
=3002318.85/6029593.232
=0.49793058

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Sep22)
=3137503.56/4734531.458
=0.66268512

Vietnam Livestock ( VILICO ) JSC's asset turnover of this year was 0.49793058. Vietnam Livestock ( VILICO ) JSC's asset turnover of last year was 0.66268512. ==> 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+0+0+1+0+1+0+0
=4

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

Vietnam Livestock ( VILICO ) JSC has an F-score of 4 indicating the company's financial situation is typical for a stable company.

Vietnam Livestock ( VILICO ) JSC  (HSTC:VLC) 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.


Vietnam Livestock ( VILICO ) JSC Piotroski F-Score Related Terms

Thank you for viewing the detailed overview of Vietnam Livestock ( VILICO ) JSC's Piotroski F-Score provided by GuruFocus.com. Please click on the following links to see related term pages.


Vietnam Livestock ( VILICO ) JSC Business Description

Traded in Other Exchanges
N/A
Address
519 Minh Khai, Hai Ba Trung, Ha Noi, VNM
Vietnam Livestock Corp ( VILICO ) JSC is engaged in financial investment, technology transfer in livestock, poultry, and animal feed processing; production, processing, trading, import, and export of livestock products, food, raw materials, animal feed, veterinary drugs, and veterinary supplies, agricultural, forestry and fishery products, equipment and spare parts for animal husbandry and food production and processing and other commodities; real estate business, hotel service, office rental, apartment.

Vietnam Livestock ( VILICO ) JSC Headlines

No Headlines