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FPT Securities JSCSTC:FTS 68 Piotroski F-Score is 5 as of Aug. 09, 2026, which is 25% above its 10-year median of 4.00. GuruFocus rates STC:FTS with a GF Score™ of 68/100 and a GF Value™ of ₫36,317.02 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 783 Capital Markets companies, FPT Securities JSC ranks better than 65.52% 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
FPT Securities JSC has an F-score of 5 indicating the company's financial situation is typical for a stable company.
The historical rank and industry rank for FPT Securities JSC's Piotroski F-Score or its related term are showing as below:
STC:FTS'
s Piotroski F-Score Range Over the Past 10 Years
Min: 2 Med: 4 Max: 8
Current: 5
During the past 8 years, the highest Piotroski F-Score of FPT Securities JSC was 8. The lowest was 2. And the median was 4.
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.
FPT Securities JSC Piotroski F-Score Related Terms
FPT Securities JSC Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for FPT Securities 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:FTS vs MS, GS, SCHW: Piotroski F-Score Comparison
For the Capital Markets subindustry, FPT Securities 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.
FPT Securities JSC Piotroski F-Score vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, FPT Securities JSC's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where FPT Securities 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 (Jun26) TTM:
Last Year (Jun25) TTM:
Net Income was 55114.07 + 128056.923 + 159915.056 + 78047.35 = ₫421,133 Mil. Cash Flow from Operations was -1957689.132 + 1688957.089 + -1825532.312 + 1805838.766 = ₫-288,426 Mil. Revenue was 141123.588 + 134362.096 + 79414.87 + 100043.337 = ₫454,944 Mil. Gross Profit was 50122.541 + 48802.239 + 15494.805 + 47105.945 = ₫161,526 Mil.
Average Total Assets from the begining of this year (Jun25)
to the end of this year (Jun26) was
(11280226.581 + 13686122.375 + 13919681.055 + 13059841.985 + 14555802.816) / 5 = ₫13300334.9624 Mil. Total Assets at the begining of this year (Jun25) was ₫11,280,227 Mil. Long-Term Debt & Capital Lease Obligation was ₫0 Mil. Total Current Assets was ₫14,389,235 Mil. Total Current Liabilities was ₫10,121,459 Mil.
Net Income was 80679.298 + 159512.674 + 152966.609 + 60616.673 = ₫453,775 Mil.
Revenue was 69204.774 + 95725.363 + 49794.106 + 85044.764 = ₫299,769 Mil. Gross Profit was 3899.541 + 19981.391 + -4216.676 + 21846.397 = ₫41,511 Mil.
Average Total Assets from the begining of last year (Jun24)
to the end of last year (Jun25) was
(9108852.813 + 8699511.598 + 9759561.1 + 10706445.64 + 11280226.581) / 5 = ₫9910919.5464 Mil. Total Assets at the begining of last year (Jun24) was ₫9,108,853 Mil. Long-Term Debt & Capital Lease Obligation was ₫0 Mil. Total Current Assets was ₫11,103,156 Mil. Total Current Liabilities was ₫7,043,431 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.
FPT Securities JSC's current Net Income (TTM) was 421,133.
==> 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.
FPT Securities JSC's current Cash Flow from Operations (TTM) was -288,426.
==> Negative ==> Score 0.
Question 3. Change in Return on Assets
Compare this year's return on assets (1) to last year's return on assets.
FPT Securities JSC's return on assets of this year was 0.03733377. FPT Securities JSC's return on assets of last year was 0.04981695.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
FPT Securities JSC's gearing of this year was 0. FPT Securities 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
FPT Securities JSC's current ratio of this year was 1.42165617. FPT Securities JSC's current ratio of last year was 1.57638449.
==> 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.
FPT Securities JSC's number of shares in issue this year was 346.498. FPT Securities JSC's number of shares in issue last year was 381.148.
==> 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.
FPT Securities JSC's gross margin of this year was 0.35504495. FPT Securities JSC's gross margin of last year was 0.13847547.
==> 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
FPT Securities JSC's asset turnover of this year was 0.0403311. FPT Securities JSC's asset turnover of last year was 0.03290963.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
Piotroski F-Score
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5
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
FPT Securities JSC has an F-score of 5 indicating the company's financial situation is typical for a stable company.
FPT Securities JSC (STC:FTS) has a Piotroski F-Score of 5 as of Aug. 09, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on FPT Securities JSC and its competitors. This is 25% above median its historical median of 4.00. Over the past decade, FPT Securities JSC's Piotroski F-Score has ranged from 2.00 to 8.00. According to the industry distribution chart, FPT Securities JSC ranks #270 out of 783 companies in the Capital Markets industry, placing it in the top 34.5%.
Is FPT Securities JSC's Piotroski F-Score too high?
FPT Securities JSC's current Piotroski F-Score of 5 is 25% above median its 10-year median of 4.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 8.00. The Capital Markets industry median Piotroski F-Score is 5.00. FPT Securities JSC's value of 5 is 0% at this industry median. Based on the distribution chart, FPT Securities JSC ranks #270 out of 783 companies in the Capital Markets industry, which is above the industry midpoint. Overall, FPT Securities JSC has a GF Score™ of 68/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does FPT Securities JSC's Piotroski F-Score compare to MS and GS?
According to the Capital Markets industry distribution chart, FPT Securities JSC ranks #270 out of 783 companies for Piotroski F-Score. This puts FPT Securities JSC in the upper half of its industry. The industry median Piotroski F-Score is 5.00. FPT Securities JSC's value of 5 is 0% at this benchmark. Historically, FPT Securities 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 4.00 vs. the industry median of 5.00, FPT Securities 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 Capital Markets company?
The median Piotroski F-Score among Capital Markets companies is 5.00, based on 783 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. FPT Securities JSC's current Piotroski F-Score of 5 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 FPT Securities JSC and its competitors. For the Capital Markets 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. FPT Securities JSC's current Piotroski F-Score is 5, which is 25% 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 FPT Securities JSC stock overvalued right now?
Based on GuruFocus' analysis, FPT Securities JSC (STC:FTS) is currently considered Possible Value Trap. The stock's GF Value™ is ₫36,317.02, compared to a current price of ₫21,850.00 — trading 39.8% below its estimated fair value. The current Piotroski F-Score is 5, which is 25% above median its 10-year median of 4.00 and 0% at the Capital Markets industry median of 5.00. FPT Securities JSC's overall GF Score™ is 68/100 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 FPT Securities JSC (STC:FTS), the current Piotroski F-Score is 5 as of Aug. 09, 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 FPT Securities JSC (STC:FTS) Overvalued in 2026?
Based on GuruFocus' analysis, FPT Securities JSC stock appears to be undervalued.
The current stock price of ₫21,850.00 is trading 39.8% below its estimated GF Value™ of ₫36,317.02.
GuruFocus considers FPT Securities JSC to be Possible Value Trap.
Key valuation signals for STC:FTS:
Piotroski F-Score: 5 (25% above median its 10-year median of 4.00)
GF Value™: ₫36,317.02 vs. price of ₫21,850.00 (39.8% below fair value)
Industry Position: 0% at the Capital Markets median (#270 of 783)
No single metric tells the full story. See the STC:FTS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
FPT Securities JSC is a financial service company. The company is engaged in providing securities brokerage, securities trading, securities investment advisory, securities custody, and underwriting. It offers its services to domestic and foreign investors and enterprises.
68GF Score
Get the complete analysis for STC:FTS
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