Phu Tai JSC (STC:PTB) Piotroski F-Score: 6 (As of Jun. 26, 2026) — Near Median


STC:PTB Phu Tai JSC STC:PTB
87 GF Score
Price ₫36,850.00
GF Value ₫45,901.04
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Phu Tai JSC Piotroski F-Score?

Phu Tai JSC STC:PTB -0.41% 87 Piotroski F-Score is 6 as of Jun. 26, 2026, which is at its 10-year median of 6.00. GuruFocus rates STC:PTB with a GF Score™ of 87/100 and a GF Value™ of ₫45,901.04 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 555 Conglomerates companies, Phu Tai JSC ranks better than 71.89% 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

Phu Tai JSC 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 Phu Tai JSC's Piotroski F-Score or its related term are showing as below:

STC:PTB' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 6   Max: 8
Current: 6

During the past 8 years, the highest Piotroski F-Score of Phu Tai JSC was 8. The lowest was 4. And the median was 6.

Phu Tai JSC  (STC:PTB) 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.


Phu Tai JSC Piotroski F-Score Related Terms


Phu Tai JSC Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Phu Tai 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.

Phu Tai JSC Piotroski F-Score Chart

Phu Tai JSC Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial 8.00 5.00 5.00 8.00 6.00

Phu Tai 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 8.00 7.00 8.00 6.00 6.00

STC:PTB vs HON, MMM: Piotroski F-Score Comparison

For the Conglomerates subindustry, Phu Tai 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.


Phu Tai JSC Piotroski F-Score vs Conglomerates Industry

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

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


STC:PTB
87GF Score
Phu Tai JSC STC:PTB
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 128239.441 + 135863.421 + 127438.486 + 149758.43 = ₫541,300 Mil.
Cash Flow from Operations was 416802.056 + -119286.95 + -29219.404 + -136194.82 = ₫132,101 Mil.
Revenue was 1904632.68 + 1683874.014 + 2088433.331 + 2094736.372 = ₫7,771,676 Mil.
Gross Profit was 391031.895 + 361392.927 + 397222.904 + 442797.352 = ₫1,592,445 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(5362472.495 + 5721481.392 + 5868775.261 + 6393015.167 + 6545663.148) / 5 = ₫5978281.4926 Mil.
Total Assets at the begining of this year (Mar25) was ₫5,362,472 Mil.
Long-Term Debt & Capital Lease Obligation was ₫449,172 Mil.
Total Current Assets was ₫4,108,526 Mil.
Total Current Liabilities was ₫2,413,795 Mil.
Net Income was 110441.402 + 79597.044 + 89452.067 + 113010.463 = ₫392,501 Mil.

Revenue was 1608063.276 + 1484978.688 + 1936453.071 + 1620211.653 = ₫6,649,707 Mil.
Gross Profit was 324459.17 + 286772.965 + 325299.01 + 347546.971 = ₫1,284,078 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(5148442.935 + 5096165.634 + 5174017.228 + 5489132.952 + 5362472.495) / 5 = ₫5254046.2488 Mil.
Total Assets at the begining of last year (Mar24) was ₫5,148,443 Mil.
Long-Term Debt & Capital Lease Obligation was ₫84,917 Mil.
Total Current Assets was ₫3,186,989 Mil.
Total Current Liabilities was ₫2,174,994 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.

Phu Tai JSC's current Net Income (TTM) was 541,300. ==> 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.

Phu Tai JSC's current Cash Flow from Operations (TTM) was 132,101. ==> 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)
=541299.778/5362472.495
=0.1009422

ROA (Last Year)=Net Income/Total Assets (Mar24)
=392500.976/5148442.935
=0.07623683

Phu Tai JSC's return on assets of this year was 0.1009422. Phu Tai JSC's return on assets of last year was 0.07623683. ==> This year is higher. ==> Score 1.

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.

Phu Tai JSC's current Net Income (TTM) was 541,300. Phu Tai JSC's current Cash Flow from Operations (TTM) was 132,101. ==> 132,101 <= 541,300 ==> CFROA <= ROA ==> Score 0.

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
=449171.597/5978281.4926
=0.0751339

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=84916.832/5254046.2488
=0.01616218

Phu Tai JSC's gearing of this year was 0.0751339. Phu Tai JSC's gearing of last year was 0.01616218. ==> 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

Current Ratio (This Year: Mar26)=Total Current Assets/Total Current Liabilities
=4108526.277/2413794.73
=1.7021026

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=3186989/2174993.522
=1.46528666

Phu Tai JSC's current ratio of this year was 1.7021026. Phu Tai JSC's current ratio of last year was 1.46528666. ==> 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.

Phu Tai JSC's number of shares in issue this year was 100.408. Phu Tai JSC's number of shares in issue last year was 83.673. ==> 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.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=1592445.078/7771676.397
=0.20490368

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=1284078.116/6649706.688
=0.19310297

Phu Tai JSC's gross margin of this year was 0.20490368. Phu Tai JSC's gross margin of last year was 0.19310297. ==> 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

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Mar25)
=7771676.397/5362472.495
=1.4492711

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=6649706.688/5148442.935
=1.29159569

Phu Tai JSC's asset turnover of this year was 1.4492711. Phu Tai JSC's asset turnover of last year was 1.29159569. ==> 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+1+0+0+1+0+1+1
=6

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

Phu Tai JSC has an F-score of 6 indicating the company's financial situation is typical for a stable company.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 6 mean?
Phu Tai JSC (STC:PTB) has a Piotroski F-Score of 6 as of Jun. 26, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Phu Tai JSC and its competitors. This is near median its historical median of 6.00. Over the past decade, Phu Tai JSC's Piotroski F-Score has ranged from 4.00 to 8.00. According to the industry distribution chart, Phu Tai JSC ranks #156 out of 555 companies in the Conglomerates industry, placing it in the top 28.1%.
Is Phu Tai JSC's Piotroski F-Score too high?
Phu Tai JSC's current Piotroski F-Score of 6 is near median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 8.00. The Conglomerates industry median Piotroski F-Score is 5.00. Phu Tai JSC's value of 6 is 20% above this industry median. Based on the distribution chart, Phu Tai JSC ranks #156 out of 555 companies in the Conglomerates industry, which is above the industry midpoint. Overall, Phu Tai JSC has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Phu Tai JSC's Piotroski F-Score compare to HON and MMM?
According to the Conglomerates industry distribution chart, Phu Tai JSC ranks #156 out of 555 companies for Piotroski F-Score. This puts Phu Tai JSC in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Phu Tai JSC's value of 6 is 20% above this benchmark. Historically, Phu Tai JSC's own Piotroski F-Score has ranged from 4.00 to 8.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Phu Tai 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 Conglomerates company?
The median Piotroski F-Score among Conglomerates companies is 5.00, based on 555 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. Phu Tai JSC's current Piotroski F-Score of 6 is 20% 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 Phu Tai JSC and its competitors. For the Conglomerates 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. Phu Tai JSC's current Piotroski F-Score is 6, which is near median its own 10-year median of 6.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Phu Tai JSC stock overvalued right now?
Based on GuruFocus' analysis, Phu Tai JSC (STC:PTB) is currently considered Modestly Undervalued. The stock's GF Value™ is ₫45,901.04, compared to a current price of ₫36,850.00 — trading 19.7% below its estimated fair value. The current Piotroski F-Score is 6, which is near median its 10-year median of 6.00 and 20% above the Conglomerates industry median of 5.00. Phu Tai JSC's overall GF Score™ is 87/100 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 Phu Tai JSC (STC:PTB), the current Piotroski F-Score is 6 as of Jun. 26, 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 Phu Tai JSC (STC:PTB) Overvalued in 2026?

Based on GuruFocus' analysis, Phu Tai JSC stock appears to be undervalued. The current stock price of ₫36,850.00 is trading 19.7% below its estimated GF Value™ of ₫45,901.04. GuruFocus considers Phu Tai JSC to be Modestly Undervalued.

Key valuation signals for STC:PTB:

  • Piotroski F-Score: 6 (near median its 10-year median of 6.00)
  • GF Value™: ₫45,901.04 vs. price of ₫36,850.00 (19.7% below fair value)
  • GF Score™: 87/100 with 4 warning signs
  • Industry Position: 20% above the Conglomerates median (#156 of 555)

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


Phu Tai JSC Business Description

Address 278 Nguyen Thi Dinh Street, Phu Tai Building, Binh Dinh Province, Quy Nhon, VNM
Phu Tai JSC is engaged in three businesses as natural stone business, the wooden furniture business, and the Toyota cars business. Its natural stone business provides natural granite and basalt-based products. Wooden business supplies, furniture, and indoor decorative furniture. Toyota's car business includes selling commercial and passenger vehicles.
87GF Score

Get the complete analysis for STC:PTB

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

₫36,850.00
Price
₫45,901.04
GF Value