Viettel Construction JSC (STC:CTR) Piotroski F-Score: 7 (As of Jun. 25, 2026) — 75% Above Median


STC:CTR Viettel Construction JSC STC:CTR
94 GF Score
Price ₫83,800.00
GF Value ₫121,520.86
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Viettel Construction JSC Piotroski F-Score?

Viettel Construction JSC STC:CTR -0.24% 94 Piotroski F-Score is 7 as of Jun. 25, 2026, which is 75% above its 10-year median of 4.00. GuruFocus rates STC:CTR with a GF Score™ of 94/100 and a GF Value™ of ₫121,520.86 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,734 Construction companies, Viettel Construction JSC ranks better than 89.33% on this metric.

Good Sign:

Piotroski F-Score is 7, 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

Viettel Construction JSC has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

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

STC:CTR' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 4   Max: 9
Current: 7

During the past 8 years, the highest Piotroski F-Score of Viettel Construction JSC was 9. The lowest was 3. And the median was 4.

Viettel Construction JSC  (STC:CTR) 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.


Viettel Construction JSC Piotroski F-Score Related Terms


Viettel Construction JSC Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Viettel Construction 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.

Viettel Construction JSC Piotroski F-Score Chart

Viettel Construction JSC Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial N/A 5.00 4.00 3.00 9.00

Viettel Construction JSC Quarterly Data
Jun21 Sep21 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 5.00 3.00 8.00 9.00 7.00

STC:CTR vs PWR, FIX, EME: Piotroski F-Score Comparison

For the Engineering & Construction subindustry, Viettel Construction 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.


Viettel Construction JSC Piotroski F-Score vs Construction Industry

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

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


STC:CTR
94GF Score
Viettel Construction JSC STC:CTR
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 144983.99 + 168940.075 + 163964.506 + 149885.731 = ₫627,774 Mil.
Cash Flow from Operations was 1017623.365 + 417537.55 + 316194.038 + -197084.166 = ₫1,554,271 Mil.
Revenue was 3235913.722 + 3965175.719 + 3999528.265 + 3804825.62 = ₫15,005,443 Mil.
Gross Profit was 234117.891 + 247534.754 + 298337.681 + 262217.202 = ₫1,042,208 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(7707667.819 + 7799807.314 + 7782911.299 + 8185544.855 + 8706199.286) / 5 = ₫8036426.1146 Mil.
Total Assets at the begining of this year (Mar25) was ₫7,707,668 Mil.
Long-Term Debt & Capital Lease Obligation was ₫477,699 Mil.
Total Current Assets was ₫7,189,697 Mil.
Total Current Liabilities was ₫5,998,398 Mil.
Net Income was 125108.143 + 146262.73 + 150718.702 + 121705.616 = ₫543,795 Mil.

Revenue was 3008973.475 + 3475567.349 + 3501878.828 + 2738456.545 = ₫12,724,876 Mil.
Gross Profit was 222829.545 + 220896.561 + 252482.324 + 200961.128 = ₫897,170 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(6648735.193 + 6768051.097 + 6721330.159 + 7106257.864 + 7707667.819) / 5 = ₫6990408.4264 Mil.
Total Assets at the begining of last year (Mar24) was ₫6,648,735 Mil.
Long-Term Debt & Capital Lease Obligation was ₫611,355 Mil.
Total Current Assets was ₫6,065,022 Mil.
Total Current Liabilities was ₫5,075,190 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.

Viettel Construction JSC's current Net Income (TTM) was 627,774. ==> 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.

Viettel Construction JSC's current Cash Flow from Operations (TTM) was 1,554,271. ==> 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)
=627774.302/7707667.819
=0.08144802

ROA (Last Year)=Net Income/Total Assets (Mar24)
=543795.191/6648735.193
=0.08178927

Viettel Construction JSC's return on assets of this year was 0.08144802. Viettel Construction JSC's return on assets of last year was 0.08178927. ==> 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.

Viettel Construction JSC's current Net Income (TTM) was 627,774. Viettel Construction JSC's current Cash Flow from Operations (TTM) was 1,554,271. ==> 1,554,271 > 627,774 ==> 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: Mar26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar25 to Mar26
=477699.315/8036426.1146
=0.05944176

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=611355.252/6990408.4264
=0.0874563

Viettel Construction JSC's gearing of this year was 0.05944176. Viettel Construction JSC's gearing of last year was 0.0874563. ==> 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
=7189696.9/5998398.464
=1.19860275

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=6065022.362/5075189.84
=1.1950336

Viettel Construction JSC's current ratio of this year was 1.19860275. Viettel Construction JSC's current ratio of last year was 1.1950336. ==> 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.

Viettel Construction JSC's number of shares in issue this year was 114.386. Viettel Construction JSC's number of shares in issue last year was 114.386. ==> 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
=1042207.528/15005443.326
=0.0694553

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=897169.558/12724876.197
=0.07050517

Viettel Construction JSC's gross margin of this year was 0.0694553. Viettel Construction JSC's gross margin of last year was 0.07050517. ==> 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 (Mar25)
=15005443.326/7707667.819
=1.94682019

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=12724876.197/6648735.193
=1.91387923

Viettel Construction JSC's asset turnover of this year was 1.94682019. Viettel Construction JSC's asset turnover of last year was 1.91387923. ==> 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+0+1+1+1+1+0+1
=7

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

Viettel Construction JSC has an F-score of 7. 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 7 mean?
Viettel Construction JSC (STC:CTR) has a Piotroski F-Score of 7 as of Jun. 25, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Viettel Construction JSC and its competitors. This is 75% above median its historical median of 4.00. Over the past decade, Viettel Construction JSC's Piotroski F-Score has ranged from 3.00 to 9.00. According to the industry distribution chart, Viettel Construction JSC ranks #185 out of 1734 companies in the Construction industry, placing it in the top 10.7%.
Is Viettel Construction JSC's Piotroski F-Score too high?
Viettel Construction JSC's current Piotroski F-Score of 7 is 75% above median its 10-year median of 4.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 9.00. The Construction industry median Piotroski F-Score is 5.00. Viettel Construction JSC's value of 7 is 40% above this industry median. Based on the distribution chart, Viettel Construction JSC ranks #185 out of 1734 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Viettel Construction JSC has a GF Score™ of 94/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Viettel Construction JSC's Piotroski F-Score compare to PWR and FIX?
According to the Construction industry distribution chart, Viettel Construction JSC ranks #185 out of 1734 companies for Piotroski F-Score. This places Viettel Construction JSC in the top 11% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Viettel Construction JSC's value of 7 is 40% above this benchmark. Historically, Viettel Construction JSC's own Piotroski F-Score has ranged from 3.00 to 9.00 over the past decade. While the company's 10-year median is 4.00 vs. the industry median of 5.00, Viettel Construction 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 Construction company?
The median Piotroski F-Score among Construction companies is 5.00, based on 1,734 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. Viettel Construction JSC's current Piotroski F-Score of 7 is 40% 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 Viettel Construction JSC and its competitors. For the Construction 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. Viettel Construction JSC's current Piotroski F-Score is 7, which is 75% above median its own 10-year median of 4.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Viettel Construction JSC stock overvalued right now?
Based on GuruFocus' analysis, Viettel Construction JSC (STC:CTR) is currently considered Significantly Undervalued. The stock's GF Value™ is ₫121,520.86, compared to a current price of ₫83,800.00 — trading 31% below its estimated fair value. The current Piotroski F-Score is 7, which is 75% above median its 10-year median of 4.00 and 40% above the Construction industry median of 5.00. Viettel Construction JSC's overall GF Score™ is 94/100 with 2 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 Viettel Construction JSC (STC:CTR), the current Piotroski F-Score is 7 as of Jun. 25, 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 Viettel Construction JSC (STC:CTR) Overvalued in 2026?

Based on GuruFocus' analysis, Viettel Construction JSC stock appears to be undervalued. The current stock price of ₫83,800.00 is trading 31% below its estimated GF Value™ of ₫121,520.86. GuruFocus considers Viettel Construction JSC to be Significantly Undervalued.

Key valuation signals for STC:CTR:

  • Piotroski F-Score: 7 (75% above median its 10-year median of 4.00)
  • GF Value™: ₫121,520.86 vs. price of ₫83,800.00 (31% below fair value)
  • GF Score™: 94/100 with 2 warning signs
  • Industry Position: 40% above the Construction median (#185 of 1734)

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


Viettel Construction JSC Business Description

Address No. 01 Giang Van Minh, Giang Vo Ward, Hanoi, VNM
Viettel Construction JSC is a Vietnam-based company engaged in the construction and engineering sector. The company's business segments include Construction activities; Information exploitation and response operations; Commercial operations and integrated solutions; Infrastructure; leasing business activities; and Technical service activities. It derives maximum revenue from Information exploitation and response operations segment. It provides telecommunication transmission lines, towers and cable laying; the manufacture of antenna, concrete poles and other telecommunication construction supplies; the erection of institutional buildings, and the upgrade of concrete roads. Geographically, it operates in Domestic and Overseas Markets.
94GF Score

Get the complete analysis for STC:CTR

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

₫83,800.00
Price
₫121,520.86
GF Value