Vinacafe Bien Hoa JSC (STC:VCF) Piotroski F-Score: 8 (As of Jun. 24, 2026) — 33% Above Median


STC:VCF Vinacafe Bien Hoa JSC STC:VCF
73 GF Score
Price ₫297,500.00
GF Value ₫256,141.65
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Vinacafe Bien Hoa JSC Piotroski F-Score?

Vinacafe Bien Hoa JSC STC:VCF +0.68% 73 Piotroski F-Score is 8 as of Jun. 24, 2026, which is 33% above its 10-year median of 6.00. GuruFocus rates STC:VCF with a GF Score™ of 73/100 and a GF Value™ of ₫256,141.65 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 1,912 Consumer Packaged Goods companies, Vinacafe Bien Hoa JSC ranks better than 97.7% 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

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

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

During the past 13 years, the highest Piotroski F-Score of Vinacafe Bien Hoa JSC was 8. The lowest was 3. And the median was 6.

Vinacafe Bien Hoa JSC  (STC:VCF) 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.


Vinacafe Bien Hoa JSC Piotroski F-Score Related Terms


Vinacafe Bien Hoa JSC Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Vinacafe Bien Hoa 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.

Vinacafe Bien Hoa JSC Piotroski F-Score Chart

Vinacafe Bien Hoa 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 5.00 5.00 6.00 3.00 8.00

Vinacafe Bien Hoa 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 4.00 7.00 8.00 8.00

STC:VCF vs KHC, GIS: Piotroski F-Score Comparison

For the Packaged Foods subindustry, Vinacafe Bien Hoa 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.


Vinacafe Bien Hoa JSC Piotroski F-Score vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Vinacafe Bien Hoa JSC's Piotroski F-Score distribution charts can be found below:

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


STC:VCF
73GF Score
Vinacafe Bien Hoa JSC STC:VCF
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 121078.664 + 112432.162 + 156214.668 + 112240.298 = ₫501,966 Mil.
Cash Flow from Operations was -91276.865 + 225354.713 + 228841.755 + -113241.582 = ₫249,678 Mil.
Revenue was 635946.264 + 545943.805 + 906659.307 + 661214.676 = ₫2,749,764 Mil.
Gross Profit was 134301.36 + 125215.447 + 187568.236 + 140972.444 = ₫588,057 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(2528307.552 + 2732103.753 + 2898282.854 + 1622245.048 + 1759282.354) / 5 = ₫2308044.3122 Mil.
Total Assets at the begining of this year (Mar25) was ₫2,528,308 Mil.
Long-Term Debt & Capital Lease Obligation was ₫0 Mil.
Total Current Assets was ₫1,386,260 Mil.
Total Current Liabilities was ₫506,125 Mil.
Net Income was 97957.652 + 100599.958 + 159164.101 + 128093.931 = ₫485,816 Mil.

Revenue was 578406.658 + 605308.62 + 888952.122 + 672946.883 = ₫2,745,614 Mil.
Gross Profit was 106308.581 + 111682.807 + 191722.788 + 143601.381 = ₫553,316 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(2561809.643 + 2828087.924 + 2351205.37 + 2488488.06 + 2528307.552) / 5 = ₫2551579.7098 Mil.
Total Assets at the begining of last year (Mar24) was ₫2,561,810 Mil.
Long-Term Debt & Capital Lease Obligation was ₫0 Mil.
Total Current Assets was ₫870,708 Mil.
Total Current Liabilities was ₫501,222 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.

Vinacafe Bien Hoa JSC's current Net Income (TTM) was 501,966. ==> 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.

Vinacafe Bien Hoa JSC's current Cash Flow from Operations (TTM) was 249,678. ==> 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)
=501965.792/2528307.552
=0.19853826

ROA (Last Year)=Net Income/Total Assets (Mar24)
=485815.642/2561809.643
=0.18963768

Vinacafe Bien Hoa JSC's return on assets of this year was 0.19853826. Vinacafe Bien Hoa JSC's return on assets of last year was 0.18963768. ==> 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.

Vinacafe Bien Hoa JSC's current Net Income (TTM) was 501,966. Vinacafe Bien Hoa JSC's current Cash Flow from Operations (TTM) was 249,678. ==> 249,678 <= 501,966 ==> 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
=0/2308044.3122
=0

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=0/2551579.7098
=0

Vinacafe Bien Hoa JSC's gearing of this year was 0. Vinacafe Bien Hoa 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
=1386260.407/506124.836
=2.73896934

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=870708.343/501222.111
=1.73717066

Vinacafe Bien Hoa JSC's current ratio of this year was 2.73896934. Vinacafe Bien Hoa JSC's current ratio of last year was 1.73717066. ==> 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.

Vinacafe Bien Hoa JSC's number of shares in issue this year was 26.579. Vinacafe Bien Hoa JSC's number of shares in issue last year was 26.579. ==> 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
=588057.487/2749764.052
=0.21385743

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=553315.557/2745614.283
=0.20152705

Vinacafe Bien Hoa JSC's gross margin of this year was 0.21385743. Vinacafe Bien Hoa JSC's gross margin of last year was 0.20152705. ==> 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)
=2749764.052/2528307.552
=1.08759081

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=2745614.283/2561809.643
=1.07174797

Vinacafe Bien Hoa JSC's asset turnover of this year was 1.08759081. Vinacafe Bien Hoa JSC's asset turnover of last year was 1.07174797. ==> 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+1+1+1+1+1
=8

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

Vinacafe Bien Hoa 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?
Vinacafe Bien Hoa JSC (STC:VCF) has a Piotroski F-Score of 8 as of Jun. 24, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Vinacafe Bien Hoa JSC and its competitors. This is 33% above median its historical median of 6.00. Over the past decade, Vinacafe Bien Hoa JSC's Piotroski F-Score has ranged from 3.00 to 8.00. According to the industry distribution chart, Vinacafe Bien Hoa JSC ranks #44 out of 1912 companies in the Consumer Packaged Goods industry, placing it in the top 2.3%.
Is Vinacafe Bien Hoa JSC's Piotroski F-Score too high?
Vinacafe Bien Hoa 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 8.00. The Consumer Packaged Goods industry median Piotroski F-Score is 5.00. Vinacafe Bien Hoa JSC's value of 8 is 60% above this industry median. Based on the distribution chart, Vinacafe Bien Hoa JSC ranks #44 out of 1912 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Vinacafe Bien Hoa JSC has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Vinacafe Bien Hoa JSC's Piotroski F-Score compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Vinacafe Bien Hoa JSC ranks #44 out of 1912 companies for Piotroski F-Score. This places Vinacafe Bien Hoa JSC in the top 2% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Vinacafe Bien Hoa JSC's value of 8 is 60% above this benchmark. Historically, Vinacafe Bien Hoa JSC's own Piotroski F-Score has ranged from 3.00 to 8.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Vinacafe Bien Hoa 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 1,912 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. Vinacafe Bien Hoa 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 Vinacafe Bien Hoa 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. Vinacafe Bien Hoa 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 Vinacafe Bien Hoa JSC stock overvalued right now?
Based on GuruFocus' analysis, Vinacafe Bien Hoa JSC (STC:VCF) is currently considered Modestly Overvalued. The stock's GF Value™ is ₫256,141.65, compared to a current price of ₫297,500.00 — trading 16.1% above 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 Consumer Packaged Goods industry median of 5.00. Vinacafe Bien Hoa JSC's overall GF Score™ is 73/100 with 7 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 Vinacafe Bien Hoa JSC (STC:VCF), the current Piotroski F-Score is 8 as of Jun. 24, 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 Vinacafe Bien Hoa JSC (STC:VCF) Overvalued in 2026?

Based on GuruFocus' analysis, Vinacafe Bien Hoa JSC stock appears to be overvalued. The current stock price of ₫297,500.00 is trading 16.1% above its estimated GF Value™ of ₫256,141.65. GuruFocus considers Vinacafe Bien Hoa JSC to be Modestly Overvalued.

Key valuation signals for STC:VCF:

  • Piotroski F-Score: 8 (33% above median its 10-year median of 6.00)
  • GF Value™: ₫256,141.65 vs. price of ₫297,500.00 (16.1% above fair value)
  • GF Score™: 73/100 with 7 warning signs
  • Industry Position: 60% above the Consumer Packaged Goods median (#44 of 1912)

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


Vinacafe Bien Hoa JSC Business Description

Address Bien Hoa Industrial Zone 1, Dong Nai Province, Bien Hoa City, VNM
Vinacafe Bien Hoa JSC is engaged in the manufacturing and selling of various kinds of coffee, instant cereal and non-alcoholic drinks in the domestic and oversea markets. Its products include roasted ground coffee, original instant coffee, instant milk coffee three in one and ginseng coffee four in one. The company operates in two main segments: coffee and non-alcoholic drinks; and others which include cereals and other items.
73GF Score

Get the complete analysis for STC:VCF

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

₫297,500.00
Price
₫256,141.65
GF Value