Traphaco JSC (STC:TRA) Piotroski F-Score: 8 (As of Jun. 26, 2026) — 33% Above Median


STC:TRA Traphaco JSC STC:TRA
83 GF Score
Price ₫77,900.00
GF Value ₫92,290.93
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Traphaco JSC Piotroski F-Score?

Traphaco JSC STC:TRA -0.13% 83 Piotroski F-Score is 8 as of Jun. 26, 2026, which is 33% above its 10-year median of 6.00. GuruFocus rates STC:TRA with a GF Score™ of 83/100 and a GF Value™ of ₫92,290.93 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 981 Drug Manufacturers companies, Traphaco JSC ranks better than 98.37% 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

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

STC:TRA' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 6   Max: 9
Current: 8

During the past 13 years, the highest Piotroski F-Score of Traphaco JSC was 9. The lowest was 3. And the median was 6.

Traphaco JSC  (STC:TRA) 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.


Traphaco JSC Piotroski F-Score Related Terms


Traphaco JSC Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Traphaco 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.

Traphaco JSC Piotroski F-Score Chart

Traphaco JSC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.00 9.00 5.00 5.00 9.00

Traphaco 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 4.00 5.00 8.00 9.00 8.00

STC:TRA vs ZTS: Piotroski F-Score Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Traphaco 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.


Traphaco JSC Piotroski F-Score vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Traphaco JSC's Piotroski F-Score distribution charts can be found below:

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


STC:TRA
83GF Score
Traphaco JSC STC:TRA
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 69187.158 + 68004.35 + 70777.882 + 61612.96 = ₫269,582 Mil.
Cash Flow from Operations was 127723.142 + 127254.429 + 77135.412 + 26177.446 = ₫358,290 Mil.
Revenue was 705172.636 + 675765.96 + 749330.428 + 632846.8 = ₫2,763,116 Mil.
Gross Profit was 350560.278 + 399636.762 + 392345.631 + 366387.92 = ₫1,508,931 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(2102445.187 + 2297665.762 + 2338009.434 + 2322602.817 + 2409821.319) / 5 = ₫2294108.9038 Mil.
Total Assets at the begining of this year (Mar25) was ₫2,102,445 Mil.
Long-Term Debt & Capital Lease Obligation was ₫0 Mil.
Total Current Assets was ₫1,837,569 Mil.
Total Current Liabilities was ₫835,103 Mil.
Net Income was 67492.501 + 38209.981 + 79368.336 + 41716.948 = ₫226,788 Mil.

Revenue was 620089.616 + 563762.053 + 605543.052 + 554901.765 = ₫2,344,296 Mil.
Gross Profit was 314354.528 + 298849.891 + 318087.169 + 286532.894 = ₫1,217,824 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(1973272.577 + 1993972.928 + 2053961.047 + 2168910.961 + 2102445.187) / 5 = ₫2058512.54 Mil.
Total Assets at the begining of last year (Mar24) was ₫1,973,273 Mil.
Long-Term Debt & Capital Lease Obligation was ₫0 Mil.
Total Current Assets was ₫1,536,961 Mil.
Total Current Liabilities was ₫609,385 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.

Traphaco JSC's current Net Income (TTM) was 269,582. ==> 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.

Traphaco JSC's current Cash Flow from Operations (TTM) was 358,290. ==> 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)
=269582.35/2102445.187
=0.12822325

ROA (Last Year)=Net Income/Total Assets (Mar24)
=226787.766/1973272.577
=0.11492977

Traphaco JSC's return on assets of this year was 0.12822325. Traphaco JSC's return on assets of last year was 0.11492977. ==> 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.

Traphaco JSC's current Net Income (TTM) was 269,582. Traphaco JSC's current Cash Flow from Operations (TTM) was 358,290. ==> 358,290 > 269,582 ==> CFROA > ROA ==> Score 1.

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
=0/2294108.9038
=0

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=0/2058512.54
=0

Traphaco JSC's gearing of this year was 0. Traphaco 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

Current Ratio (This Year: Mar26)=Total Current Assets/Total Current Liabilities
=1837568.7/835102.595
=2.20041072

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=1536960.754/609384.655
=2.52215205

Traphaco JSC's current ratio of this year was 2.20041072. Traphaco JSC's current ratio of last year was 2.52215205. ==> 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.

Traphaco JSC's number of shares in issue this year was 41.451. Traphaco JSC's number of shares in issue last year was 41.451. ==> 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.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=1508930.591/2763115.824
=0.54609748

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=1217824.482/2344296.486
=0.51948399

Traphaco JSC's gross margin of this year was 0.54609748. Traphaco JSC's gross margin of last year was 0.51948399. ==> 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)
=2763115.824/2102445.187
=1.31423917

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=2344296.486/1973272.577
=1.18802466

Traphaco JSC's asset turnover of this year was 1.31423917. Traphaco JSC's asset turnover of last year was 1.18802466. ==> 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+1+1+0+1+1+1
=8

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

Traphaco JSC has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 8 mean?
Traphaco JSC (STC:TRA) has a Piotroski F-Score of 8 as of Jun. 26, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Traphaco JSC and its competitors. This is 33% above median its historical median of 6.00. Over the past decade, Traphaco JSC's Piotroski F-Score has ranged from 3.00 to 9.00. According to the industry distribution chart, Traphaco JSC ranks #16 out of 981 companies in the Drug Manufacturers industry, placing it in the top 1.6%.
Is Traphaco JSC's Piotroski F-Score too high?
Traphaco JSC's current Piotroski F-Score of 8 is 33% above median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 9.00. The Drug Manufacturers industry median Piotroski F-Score is 5.00. Traphaco JSC's value of 8 is 60% above this industry median. Based on the distribution chart, Traphaco JSC ranks #16 out of 981 companies in the Drug Manufacturers industry, which is in the top quartile — a strong position relative to peers. Overall, Traphaco JSC has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Traphaco JSC's Piotroski F-Score compare to ZTS?
According to the Drug Manufacturers industry distribution chart, Traphaco JSC ranks #16 out of 981 companies for Piotroski F-Score. This places Traphaco JSC in the top 2% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Traphaco JSC's value of 8 is 60% above this benchmark. Historically, Traphaco JSC's own Piotroski F-Score has ranged from 3.00 to 9.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Traphaco 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 Drug Manufacturers company?
The median Piotroski F-Score among Drug Manufacturers companies is 5.00, based on 981 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. Traphaco 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 Traphaco JSC and its competitors. For the Drug Manufacturers 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. Traphaco JSC's current Piotroski F-Score is 8, which is 33% above 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 Traphaco JSC stock overvalued right now?
Based on GuruFocus' analysis, Traphaco JSC (STC:TRA) is currently considered Modestly Undervalued. The stock's GF Value™ is ₫92,290.93, compared to a current price of ₫77,900.00 — trading 15.6% below its estimated fair value. The current Piotroski F-Score is 8, which is 33% above median its 10-year median of 6.00 and 60% above the Drug Manufacturers industry median of 5.00. Traphaco JSC's overall GF Score™ is 83/100 with 2 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 Traphaco JSC (STC:TRA), the current Piotroski F-Score is 8 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 Traphaco JSC (STC:TRA) Overvalued in 2026?

Based on GuruFocus' analysis, Traphaco JSC stock appears to be undervalued. The current stock price of ₫77,900.00 is trading 15.6% below its estimated GF Value™ of ₫92,290.93. GuruFocus considers Traphaco JSC to be Modestly Undervalued.

Key valuation signals for STC:TRA:

  • Piotroski F-Score: 8 (33% above median its 10-year median of 6.00)
  • GF Value™: ₫92,290.93 vs. price of ₫77,900.00 (15.6% below fair value)
  • GF Score™: 83/100 with 2 warning signs
  • Industry Position: 60% above the Drug Manufacturers median (#16 of 981)

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


Traphaco JSC Business Description

Address 75 Yen Ninh Street, Quan Thanh Ward, Ba Dinh District, Ha Noi City, VNM
Traphaco JSC is engaged in the production and trading of pharmaceuticals, chemicals, and medical supplies and equipment. The company's products are used for nourishing the body, the Skeletal system, for hair, for eyes, the Nervous system, the Respiratory system, and Other groups.
83GF Score

Get the complete analysis for STC:TRA

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

₫77,900.00
Price
₫92,290.93
GF Value