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Dien Quang Group JSCSTC:DQC -0.64%65 Piotroski F-Score is 8 as of Aug. 01, 2026, which is 60% above its 10-year median of 5.00. GuruFocus rates STC:DQC with a GF Score™ of 65/100 and a GF Value™ of ₫16,386.60 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 2,960 Industrial Products companies, Dien Quang Group JSC ranks better than 97.8% 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
Dien Quang Group 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 Dien Quang Group JSC's Piotroski F-Score or its related term are showing as below:
STC:DQC'
s Piotroski F-Score Range Over the Past 10 Years
Min: 2 Med: 5 Max: 8
Current: 8
During the past 13 years, the highest Piotroski F-Score of Dien Quang Group JSC was 8. The lowest was 2. And the median was 5.
Dien Quang Group JSC (STC:DQC) 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.
Dien Quang Group JSC Piotroski F-Score Related Terms
Dien Quang Group JSC Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Dien Quang Group 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.
STC:DQC vs VRT, BE, HUBB: Piotroski F-Score Comparison
For the Electrical Equipment & Parts subindustry, Dien Quang Group 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.
Dien Quang Group JSC Piotroski F-Score vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Dien Quang Group JSC's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Dien Quang Group JSC'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 3679.474 + 391.788 + 1271.439 + 10166.555 = ₫15,509 Mil. Cash Flow from Operations was 34963.538 + 40017.005 + 3710.374 + 15818.66 = ₫94,510 Mil. Revenue was 185122.486 + 240551.463 + 321711.449 + 278865.379 = ₫1,026,251 Mil. Gross Profit was 47288.443 + 47875.329 + 68912.985 + 59513.173 = ₫223,590 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(1305557.503 + 1238264.173 + 1217664.546 + 1131453.376 + 1156434.851) / 5 = ₫1209874.8898 Mil. Total Assets at the begining of this year (Mar25) was ₫1,305,558 Mil. Long-Term Debt & Capital Lease Obligation was ₫2,884 Mil. Total Current Assets was ₫753,018 Mil. Total Current Liabilities was ₫335,763 Mil.
Net Income was 866.098 + -5126.553 + -96465.72 + 2907.713 = ₫-97,818 Mil.
Revenue was 176556.285 + 214639.883 + 228695.656 + 170699.707 = ₫790,592 Mil. Gross Profit was 43429.255 + 48970.744 + 55324.167 + 42190.923 = ₫189,915 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(1457743.276 + 1364440.94 + 1367864.27 + 1209917.382 + 1305557.503) / 5 = ₫1341104.6742 Mil. Total Assets at the begining of last year (Mar24) was ₫1,457,743 Mil. Long-Term Debt & Capital Lease Obligation was ₫3,846 Mil. Total Current Assets was ₫864,378 Mil. Total Current Liabilities was ₫516,881 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.
Dien Quang Group JSC's current Net Income (TTM) was 15,509.
==> 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.
Dien Quang Group JSC's current Cash Flow from Operations (TTM) was 94,510.
==> 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.
Dien Quang Group JSC's return on assets of this year was 0.01187941. Dien Quang Group JSC's return on assets of last year was -0.06710267.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Dien Quang Group JSC's gearing of this year was 0.00238408. Dien Quang Group JSC's gearing of last year was 0.00286773.
==> 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
Dien Quang Group JSC's current ratio of this year was 2.24270392. Dien Quang Group JSC's current ratio of last year was 1.67229538.
==> 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.
Dien Quang Group JSC's number of shares in issue this year was 27.558. Dien Quang Group JSC's number of shares in issue last year was 27.558.
==> 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.
Dien Quang Group JSC's gross margin of this year was 0.21787066. Dien Quang Group JSC's gross margin of last year was 0.24021898.
==> 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
Dien Quang Group JSC's asset turnover of this year was 0.78606325. Dien Quang Group JSC's asset turnover of last year was 0.54233934.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
Piotroski F-Score
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Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Dien Quang Group JSC has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.
Dien Quang Group JSC (STC:DQC) has a Piotroski F-Score of 8 as of Aug. 01, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Dien Quang Group JSC and its competitors. This is 60% above median its historical median of 5.00. Over the past decade, Dien Quang Group JSC's Piotroski F-Score has ranged from 2.00 to 8.00. According to the industry distribution chart, Dien Quang Group JSC ranks #65 out of 2960 companies in the Industrial Products industry, placing it in the top 2.2%.
Is Dien Quang Group JSC's Piotroski F-Score too high?
Dien Quang Group JSC's current Piotroski F-Score of 8 is 60% above median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 8.00. The Industrial Products industry median Piotroski F-Score is 5.00. Dien Quang Group JSC's value of 8 is 60% above this industry median. Based on the distribution chart, Dien Quang Group JSC ranks #65 out of 2960 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Dien Quang Group JSC has a GF Score™ of 65/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Dien Quang Group JSC's Piotroski F-Score compare to VRT and BE?
According to the Industrial Products industry distribution chart, Dien Quang Group JSC ranks #65 out of 2960 companies for Piotroski F-Score. This places Dien Quang Group JSC in the top 2% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Dien Quang Group JSC's value of 8 is 60% above this benchmark. Historically, Dien Quang Group JSC's own Piotroski F-Score has ranged from 2.00 to 8.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Dien Quang Group 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 Industrial Products company?
The median Piotroski F-Score among Industrial Products companies is 5.00, based on 2,960 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. Dien Quang Group 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 Dien Quang Group JSC and its competitors. For the Industrial Products 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. Dien Quang Group JSC's current Piotroski F-Score is 8, which is 60% above median its own 10-year median of 5.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dien Quang Group JSC stock overvalued right now?
Based on GuruFocus' analysis, Dien Quang Group JSC (STC:DQC) is currently considered Possible Value Trap. The stock's GF Value™ is ₫16,386.60, compared to a current price of ₫9,300.00 — trading 43.2% below its estimated fair value. The current Piotroski F-Score is 8, which is 60% above median its 10-year median of 5.00 and 60% above the Industrial Products industry median of 5.00. Dien Quang Group JSC's overall GF Score™ is 65/100 with 4 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 Dien Quang Group JSC (STC:DQC), the current Piotroski F-Score is 8 as of Aug. 01, 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 Dien Quang Group JSC (STC:DQC) Overvalued in 2026?
Based on GuruFocus' analysis, Dien Quang Group JSC stock appears to be undervalued.
The current stock price of ₫9,300.00 is trading 43.2% below its estimated GF Value™ of ₫16,386.60.
GuruFocus considers Dien Quang Group JSC to be Possible Value Trap.
Key valuation signals for STC:DQC:
Piotroski F-Score: 8 (60% above median its 10-year median of 5.00)
GF Value™: ₫16,386.60 vs. price of ₫9,300.00 (43.2% below fair value)
Industry Position: 60% above the Industrial Products median (#65 of 2960)
No single metric tells the full story. See the STC:DQC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Dien Quang Group JSC is a technology company in the lighting industry and electrical equipment. The company's project consists of Bac Giang Gymnasium, Phnom Penh - Cambodia International Airport Project, and Ben Tre Museum.
65GF Score
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