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Power Generation JSC 3STC:PGV 60 Piotroski F-Score is 6 as of Aug. 20, 2026, which is 20% above its 10-year median of 5.00. GuruFocus rates STC:PGV with a GF Score™ of 60/100 and a GF Value™ of ₫21,587.67 (Fairly Valued). The stock has 3 warning signs investors should review. Among 496 Utilities - Regulated companies, Power Generation JSC 3 ranks better than 68.35% 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
Power Generation JSC 3 has an F-score of 6 indicating the company's financial situation is typical for a stable company.
The historical rank and industry rank for Power Generation JSC 3's Piotroski F-Score or its related term are showing as below:
STC:PGV'
s Piotroski F-Score Range Over the Past 10 Years
Min: 2 Med: 5 Max: 8
Current: 6
During the past 5 years, the highest Piotroski F-Score of Power Generation JSC 3 was 8. The lowest was 2. And the median was 5.
Power Generation JSC 3 (STC:PGV) 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.
Power Generation JSC 3 Piotroski F-Score Related Terms
Power Generation JSC 3 Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Power Generation JSC 3'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:PGV vs NEE, SO, DUK: Piotroski F-Score Comparison
For the Utilities - Regulated Electric subindustry, Power Generation JSC 3'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.
Power Generation JSC 3 Piotroski F-Score vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Power Generation JSC 3's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Power Generation JSC 3'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 165453.556 + 2553616.578 + 729649.209 + 1447236.977 = ₫4,895,956 Mil. Cash Flow from Operations was 2578892.513 + 732435.424 + -407189.99 + 610160.827 = ₫3,514,299 Mil. Revenue was 8345561.087 + 12688878.827 + 10367902.624 + 14958969.128 = ₫46,361,312 Mil. Gross Profit was 731749.133 + 3387295.478 + 1147348.913 + 2124491.931 = ₫7,390,885 Mil.
Average Total Assets from the begining of this year (Jun25)
to the end of this year (Jun26) was
(52732625.085 + 50446824.371 + 55031797.692 + 53079387.367 + 54795524.976) / 5 = ₫53217231.8982 Mil. Total Assets at the begining of this year (Jun25) was ₫52,732,625 Mil. Long-Term Debt & Capital Lease Obligation was ₫19,099,005 Mil. Total Current Assets was ₫22,520,817 Mil. Total Current Liabilities was ₫16,125,708 Mil.
Net Income was 490983.347 + -419614.301 + 96296.897 + 875017.941 = ₫1,042,684 Mil.
Revenue was 7103533.013 + 11265617.082 + 10608323.975 + 11930603.57 = ₫40,908,078 Mil. Gross Profit was 413717.529 + 984777.72 + 897351.994 + 1918634.569 = ₫4,214,482 Mil.
Average Total Assets from the begining of last year (Jun24)
to the end of last year (Jun25) was
(57497110.743 + 54039523.453 + 55266948.82 + 54975338.198 + 52732625.085) / 5 = ₫54902309.2598 Mil. Total Assets at the begining of last year (Jun24) was ₫57,497,111 Mil. Long-Term Debt & Capital Lease Obligation was ₫24,638,493 Mil. Total Current Assets was ₫16,690,056 Mil. Total Current Liabilities was ₫11,696,542 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.
Power Generation JSC 3's current Net Income (TTM) was 4,895,956.
==> 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.
Power Generation JSC 3's current Cash Flow from Operations (TTM) was 3,514,299.
==> 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.
Power Generation JSC 3's return on assets of this year was 0.09284492. Power Generation JSC 3's return on assets of last year was 0.01813454.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Power Generation JSC 3's gearing of this year was 0.35888762. Power Generation JSC 3's gearing of last year was 0.4487697.
==> 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
Power Generation JSC 3's current ratio of this year was 1.39657854. Power Generation JSC 3's current ratio of last year was 1.42692224.
==> 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.
Power Generation JSC 3's number of shares in issue this year was 1213.522. Power Generation JSC 3's number of shares in issue last year was 1213.119.
==> 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.
Power Generation JSC 3's gross margin of this year was 0.15941925. Power Generation JSC 3's gross margin of last year was 0.10302322.
==> 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
Power Generation JSC 3's asset turnover of this year was 0.87917701. Power Generation JSC 3's asset turnover of last year was 0.71148058.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
Piotroski F-Score
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6
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Power Generation JSC 3 has an F-score of 6 indicating the company's financial situation is typical for a stable company.
Power Generation JSC 3 (STC:PGV) has a Piotroski F-Score of 6 as of Aug. 20, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Power Generation JSC 3 and its competitors. This is 20% above median its historical median of 5.00. Over the past decade, Power Generation JSC 3's Piotroski F-Score has ranged from 2.00 to 8.00. According to the industry distribution chart, Power Generation JSC 3 ranks #157 out of 496 companies in the Utilities - Regulated industry, placing it in the top 31.7%.
Is Power Generation JSC 3's Piotroski F-Score too high?
Power Generation JSC 3's current Piotroski F-Score of 6 is 20% 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 Utilities - Regulated industry median Piotroski F-Score is 6.00. Power Generation JSC 3's value of 6 is 0% at this industry median. Based on the distribution chart, Power Generation JSC 3 ranks #157 out of 496 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Power Generation JSC 3 has a GF Score™ of 60/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Power Generation JSC 3's Piotroski F-Score compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Power Generation JSC 3 ranks #157 out of 496 companies for Piotroski F-Score. This puts Power Generation JSC 3 in the upper half of its industry. The industry median Piotroski F-Score is 6.00. Power Generation JSC 3's value of 6 is 0% at this benchmark. Historically, Power Generation JSC 3'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 6.00, Power Generation JSC 3 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 an Utilities - Regulated company?
The median Piotroski F-Score among Utilities - Regulated companies is 6.00, based on 496 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. Power Generation JSC 3's current Piotroski F-Score of 6 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 Power Generation JSC 3 and its competitors. For the Utilities - Regulated industry, the median Piotroski F-Score is 6.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Power Generation JSC 3's current Piotroski F-Score is 6, which is 20% 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 Power Generation JSC 3 stock overvalued right now?
Based on GuruFocus' analysis, Power Generation JSC 3 (STC:PGV) is currently considered Fairly Valued. The stock's GF Value™ is ₫21,587.67, compared to a current price of ₫21,350.00 — trading 1.1% below its estimated fair value. The current Piotroski F-Score is 6, which is 20% above median its 10-year median of 5.00 and 0% at the Utilities - Regulated industry median of 6.00. Power Generation JSC 3's overall GF Score™ is 60/100 with 3 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 Power Generation JSC 3 (STC:PGV), the current Piotroski F-Score is 6 as of Aug. 20, 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 Power Generation JSC 3 (STC:PGV) Overvalued in 2026?
Based on GuruFocus' analysis, Power Generation JSC 3 stock appears to be undervalued.
The current stock price of ₫21,350.00 is trading 1.1% below its estimated GF Value™ of ₫21,587.67.
GuruFocus considers Power Generation JSC 3 to be Fairly Valued.
Key valuation signals for STC:PGV:
Piotroski F-Score: 6 (20% above median its 10-year median of 5.00)
GF Value™: ₫21,587.67 vs. price of ₫21,350.00 (1.1% below fair value)
Industry Position: 0% at the Utilities - Regulated median (#157 of 496)
No single metric tells the full story. See the STC:PGV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Power Generation JSC 3 is engaged in the electricity generation and trade business in Vietnam. The main production and business activities of the Company are producing and trading electricity. Other production and business activities of the Company accounted for a very small proportion of the total revenue and performance of the Company.
60GF Score
Get the complete analysis for STC:PGV
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