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The PAN Group JSCSTC:PAN -0.72%93 Piotroski F-Score is 7 as of Aug. 08, 2026, which is 40% above its 10-year median of 5.00. GuruFocus rates STC:PAN with a GF Score™ of 93/100 and a GF Value™ of ₫23,008.99 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,909 Consumer Packaged Goods companies, The PAN Group JSC ranks better than 88.37% 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
The PAN Group 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 The PAN Group JSC's Piotroski F-Score or its related term are showing as below:
STC:PAN'
s Piotroski F-Score Range Over the Past 10 Years
Min: 2 Med: 5 Max: 8
Current: 7
During the past 13 years, the highest Piotroski F-Score of The PAN Group JSC was 8. The lowest was 2. And the median was 5.
The PAN Group JSC (STC:PAN) 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.
The PAN Group JSC Piotroski F-Score Related Terms
The PAN Group JSC Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for The PAN 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:PAN vs ADM, BG, TSN: Piotroski F-Score Comparison
For the Farm Products subindustry, The PAN 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.
The PAN Group JSC Piotroski F-Score vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, The PAN Group JSC's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where The PAN 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 (Jun26) TTM:
Last Year (Jun25) TTM:
Net Income was 156192.901 + 269338.304 + 585211.361 + 210448.523 = ₫1,221,191 Mil. Cash Flow from Operations was 3341753.518 + 3478084.046 + 1135790.672 + -1736259.018 = ₫6,219,369 Mil. Revenue was 5138101.339 + 4303330.764 + 3767231.509 + 3619553.462 = ₫16,828,217 Mil. Gross Profit was 1015146.581 + 884083.751 + 719986.429 + 792872.445 = ₫3,412,089 Mil.
Average Total Assets from the begining of this year (Jun25)
to the end of this year (Jun26) was
(20728628.5 + 17886620.495 + 15594873.546 + 15214214.977 + 16686757.878) / 5 = ₫17222219.0792 Mil. Total Assets at the begining of this year (Jun25) was ₫20,728,629 Mil. Long-Term Debt & Capital Lease Obligation was ₫340,117 Mil. Total Current Assets was ₫12,744,463 Mil. Total Current Liabilities was ₫6,959,567 Mil.
Net Income was 186764.913 + 231157.543 + 107672.92 + 139026.203 = ₫664,622 Mil.
Revenue was 5083890.82 + 4266659.028 + 4119497.808 + 4027202.863 = ₫17,497,251 Mil. Gross Profit was 976210.093 + 1076371.531 + 693978.931 + 774345.913 = ₫3,520,906 Mil.
Average Total Assets from the begining of last year (Jun24)
to the end of last year (Jun25) was
(23364374.083 + 23709517.976 + 23840652.907 + 25871260.383 + 20728628.5) / 5 = ₫23502886.7698 Mil. Total Assets at the begining of last year (Jun24) was ₫23,364,374 Mil. Long-Term Debt & Capital Lease Obligation was ₫112,342 Mil. Total Current Assets was ₫15,479,503 Mil. Total Current Liabilities was ₫11,279,200 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.
The PAN Group JSC's current Net Income (TTM) was 1,221,191.
==> 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.
The PAN Group JSC's current Cash Flow from Operations (TTM) was 6,219,369.
==> 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.
The PAN Group JSC's return on assets of this year was 0.05891326. The PAN Group JSC's return on assets of last year was 0.02844594.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
The PAN Group JSC's gearing of this year was 0.01974872. The PAN Group JSC's gearing of last year was 0.00477993.
==> Last year is lower than this year ==> Score 0.
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
The PAN Group JSC's current ratio of this year was 1.83121486. The PAN Group JSC's current ratio of last year was 1.37239372.
==> 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.
The PAN Group JSC's number of shares in issue this year was 250.674. The PAN Group JSC's number of shares in issue last year was 208.748.
==> 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.
The PAN Group JSC's gross margin of this year was 0.20275999. The PAN Group JSC's gross margin of last year was 0.20122627.
==> 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
The PAN Group JSC's asset turnover of this year was 0.81183456. The PAN Group JSC's asset turnover of last year was 0.74888591.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
Piotroski F-Score
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7
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
The PAN Group JSC has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.
The PAN Group JSC (STC:PAN) has a Piotroski F-Score of 7 as of Aug. 08, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on The PAN Group JSC and its competitors. This is 40% above median its historical median of 5.00. Over the past decade, The PAN Group JSC's Piotroski F-Score has ranged from 2.00 to 8.00. According to the industry distribution chart, The PAN Group JSC ranks #222 out of 1909 companies in the Consumer Packaged Goods industry, placing it in the top 11.6%.
Is The PAN Group JSC's Piotroski F-Score too high?
The PAN Group JSC's current Piotroski F-Score of 7 is 40% 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 Consumer Packaged Goods industry median Piotroski F-Score is 5.00. The PAN Group JSC's value of 7 is 40% above this industry median. Based on the distribution chart, The PAN Group JSC ranks #222 out of 1909 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, The PAN Group JSC has a GF Score™ of 93/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does The PAN Group JSC's Piotroski F-Score compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, The PAN Group JSC ranks #222 out of 1909 companies for Piotroski F-Score. This places The PAN Group JSC in the top 12% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. The PAN Group JSC's value of 7 is 40% above this benchmark. Historically, The PAN 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, The PAN 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 a Consumer Packaged Goods company?
The median Piotroski F-Score among Consumer Packaged Goods companies is 5.00, based on 1,909 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. The PAN Group 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 The PAN Group JSC and its competitors. For the Consumer Packaged Goods 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. The PAN Group JSC's current Piotroski F-Score is 7, which is 40% 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 The PAN Group JSC stock overvalued right now?
Based on GuruFocus' analysis, The PAN Group JSC (STC:PAN) is currently considered Modestly Undervalued. The stock's GF Value™ is ₫23,008.99, compared to a current price of ₫20,800.00 — trading 9.6% below its estimated fair value. The current Piotroski F-Score is 7, which is 40% above median its 10-year median of 5.00 and 40% above the Consumer Packaged Goods industry median of 5.00. The PAN Group JSC's overall GF Score™ is 93/100 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 The PAN Group JSC (STC:PAN), the current Piotroski F-Score is 7 as of Aug. 08, 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 The PAN Group JSC (STC:PAN) Overvalued in 2026?
Based on GuruFocus' analysis, The PAN Group JSC stock appears to be undervalued.
The current stock price of ₫20,800.00 is trading 9.6% below its estimated GF Value™ of ₫23,008.99.
GuruFocus considers The PAN Group JSC to be Modestly Undervalued.
Key valuation signals for STC:PAN:
Piotroski F-Score: 7 (40% above median its 10-year median of 5.00)
GF Value™: ₫23,008.99 vs. price of ₫20,800.00 (9.6% below fair value)
Industry Position: 40% above the Consumer Packaged Goods median (#222 of 1909)
No single metric tells the full story. See the STC:PAN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
The PAN Group JSC is engaged in agricultural, food processing and related activities, financial investments, and other related services. It operates in three segments namely Packaged Foods, Agriculture, and Aquaculture.
93GF Score
Get the complete analysis for STC:PAN
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