Da Nhim Ham Thuan Da Mi Hydro power JSC (HSTC:DNH) Altman Z2-Score: 7.57 (As of Jun. 29, 2026) — 29% Above Median


HSTC:DNH Da Nhim Ham Thuan Da Mi Hydro power JSC HSTC:DNH
73 GF Score
Price ₫59,000.00
GF Value ₫49,606.59
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Da Nhim Ham Thuan Da Mi Hydro power JSC Altman Z2-Score?

Da Nhim Ham Thuan Da Mi Hydro power JSC HSTC:DNH 73 Altman Z2-Score is 7.57 as of Jun. 29, 2026, which is 29% above its 10-year median of 5.87. GuruFocus rates HSTC:DNH with a GF Score™ of 73/100 and a GF Value™ of ₫49,606.59 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 438 Utilities - Independent Power Producers companies, Da Nhim Ham Thuan Da Mi Hydro power JSC ranks better than 88.13% on this metric.

Altman Z2-Score, also known as Z"-Score, is used to predict the likelihood that a non-manufacturing company (excluding property/financial company) will face bankruptcy within a two-year period.

Good Sign:

Da Nhim Ham Thuan Da Mi Hydro power JSC has a Altman Z2-Score of 7.57, indicating it is in Safe Zones. This implies the Altman Z2-Score is strong.

The zones of discrimination were as such:

When Altman Z2-Score <= 1.1, it is in Distress Zones.
When Altman Z2-Score >= 2.6, it is in Safe Zones.
When Altman Z2-Score is between 1.1 and 2.6, it is in Grey Zones.

The historical rank and industry rank for Da Nhim Ham Thuan Da Mi Hydro power JSC's Altman Z2-Score or its related term are showing as below:

HSTC:DNH' s Altman Z2-Score Range Over the Past 10 Years
Min: 4.03   Med: 5.87   Max: 7.57
Current: 7.57

During the past 7 years, Da Nhim Ham Thuan Da Mi Hydro power JSC's highest Altman Z2-Score was 7.57. The lowest was 4.03. And the median was 5.87.


Da Nhim Ham Thuan Da Mi Hydro power JSC  (HSTC:DNH) Altman Z2-Score Explanation

The original Z-Score model was based on publicly traded manufacturing companies while the Z2-Score, also known as Z"-score can be used for any type of company excluding property/financial companies. Both Z-Score and Z2-Score describes the financial health of a company, and its likelihood of financial distress.

X1: The Working Capital/Total Assets (WC/TA) ratio is a measure of the net liquid assets of the firm relative to the total capitalization. Working capital is defined as the difference between current assets and current liabilities. Ordinarily, a firm experiencing consistent operating losses will have shrinking current assets in relation to total assets. Altman found this one proved to be the most valuable liquidity ratio comparing with the current ratio and the quick ratio. This is however the least significant of the five factors.

X2: Retained Earnings/Total Assets: the RE/TA ratio measures the leverage of a firm. Retained earnings is the account which reports the total amount of reinvested earnings and/or losses of a firm over its entire life. Those firms with high RE, relative to TA, have financed their assets through retention of profits and have not utilized as much debt.

X3, Earnings Before Interest and Taxes/Total Assets (EBIT/TA): This ratio is a measure of the true productivity of the firm's assets, independent of any tax or leverage factors. Since a firm's ultimate existence is based on the earning power of its assets, this ratio appears to be particularly appropriate for studies dealing with corporate failure. This ratio continually outperforms other profitability measures, including cash flow.

X4_2, Net Worth (Total Stockholders Equity - Preferred Stock)/Total Liabilities (NW/TL): it compares a company’s stock net worth with its total liabilities and can be used to assess the extent of its reliance on debt.

Read more about Altman Z2-Score, the original research on Z-Score and the additional research on Z2-Score.


Be Aware

Altman Z2-Score does not apply to financial companies.


Da Nhim Ham Thuan Da Mi Hydro power JSC Altman Z2-Score Related Terms


Da Nhim Ham Thuan Da Mi Hydro power JSC Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for Da Nhim Ham Thuan Da Mi Hydro power JSC's Altman Z2-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.

Da Nhim Ham Thuan Da Mi Hydro power JSC Altman Z2-Score Chart

Da Nhim Ham Thuan Da Mi Hydro power JSC Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z2-Score
Get a 7-Day Free Trial 5.86 6.60 4.03 5.05 5.25

Da Nhim Ham Thuan Da Mi Hydro power JSC Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Altman Z2-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 6.75 5.97 7.08 5.25 7.57

Da Nhim Ham Thuan Da Mi Hydro power JSC Altman Z2-Score Competitor Comparison

For the Utilities - Renewable subindustry, Da Nhim Ham Thuan Da Mi Hydro power JSC's Altman Z2-Score, along with its competitors' market caps and Altman Z2-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.


Da Nhim Ham Thuan Da Mi Hydro power JSC Altman Z2-Score vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Da Nhim Ham Thuan Da Mi Hydro power JSC's Altman Z2-Score distribution charts can be found below:

* The bar in red indicates where Da Nhim Ham Thuan Da Mi Hydro power JSC's Altman Z2-Score falls into.


HSTC:DNH
73GF Score
Da Nhim Ham Thuan Da Mi Hydro power JSC HSTC:DNH
Altman Z2-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Da Nhim Ham Thuan Da Mi Hydro power JSC Altman Z2-Score Calculation

Altman Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.

Z2-Score, also known as Z"-Score is the Z-Score for non-manufacturing companies excluding property/financial companies.

Da Nhim Ham Thuan Da Mi Hydro power JSC's Altman Z2-Score for today is calculated with this formula:

Z=6.56*X1+3.26*X2+6.72*X3+1.05*X4_2
=6.56*0.3054+3.26*0.093+6.72*0.2027+1.05*3.7199
=7.57

* 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. GuruFocus does not calculate Altman Z2-Score when X4_2 value is 0.

Trailing Twelve Months (TTM) ended in Mar. 2026:
Total Assets was ₫6,866,246 Mil.
Total Current Assets was ₫2,369,412 Mil.
Total Current Liabilities was ₫272,512 Mil.
Retained Earnings was ₫638,904 Mil.
Pre-Tax Income was 358616.438 + 373876.859 + 259927.92 + 311625.495 = ₫1,304,047 Mil.
Interest Expense was -9294.296 + -9930.217 + -10024.238 + -58171.786 = ₫-87,421 Mil.
Total Liabilities was ₫1,442,000 Mil.

* Note that for stock reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data.

X1=Working Capital/Total Assets
=(Total Current Assets - Total Current Liabilities)/Total Assets
=(2369412.469 - 272512.06)/6866245.727
=0.3054

X2=Retained Earnings/Total Assets
=638903.542/6866245.727
=0.093

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(1304046.712 - -87420.537)/6866245.727
=0.2027

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(5364084.169 - 0)/1441999.99
=3.7199

The zones of discrimination were as such:

Distress Zones - 1.1 < Grey Zones < 2.6 - Safe Zones

Da Nhim Ham Thuan Da Mi Hydro power JSC has a Altman Z2-Score of 7.57 indicating it is in Safe Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of 7.57 mean?
Da Nhim Ham Thuan Da Mi Hydro power JSC (HSTC:DNH) has a Altman Z2-Score of 7.57 as of Jun. 29, 2026. Z2-Score is the Z-Score for non-manufacturing companies excluding property/financial companies, which measures a company's bankruptcy risk. View historical data on Da Nhim Ham Thuan Da Mi Hydro power JSC and its competitors. This is 29% above median its historical median of 5.87. Over the past decade, Da Nhim Ham Thuan Da Mi Hydro power JSC's Altman Z2-Score has ranged from 4.03 to 7.57. According to the industry distribution chart, Da Nhim Ham Thuan Da Mi Hydro power JSC ranks #52 out of 438 companies in the Utilities - Independent Power Producers industry, placing it in the top 11.9%.
Is Da Nhim Ham Thuan Da Mi Hydro power JSC's Altman Z2-Score too high?
Da Nhim Ham Thuan Da Mi Hydro power JSC's current Altman Z2-Score of 7.57 is 29% above median its 10-year median of 5.87. Over the past 10 years, this metric has ranged from a low of 4.03 to a high of 7.57. The Utilities - Independent Power Producers industry median Altman Z2-Score is 1.72. Da Nhim Ham Thuan Da Mi Hydro power JSC's value of 7.57 is 340.1% above this industry median. Based on the distribution chart, Da Nhim Ham Thuan Da Mi Hydro power JSC ranks #52 out of 438 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, Da Nhim Ham Thuan Da Mi Hydro power 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 Da Nhim Ham Thuan Da Mi Hydro power JSC's Altman Z2-Score compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Da Nhim Ham Thuan Da Mi Hydro power JSC ranks #52 out of 438 companies for Altman Z2-Score. This places Da Nhim Ham Thuan Da Mi Hydro power JSC in the top 12% of its industry — outperforming the majority of peers. The industry median Altman Z2-Score is 1.72. Da Nhim Ham Thuan Da Mi Hydro power JSC's value of 7.57 is 340.1% above this benchmark. Historically, Da Nhim Ham Thuan Da Mi Hydro power JSC's own Altman Z2-Score has ranged from 4.03 to 7.57 over the past decade. While the company's 10-year median is 5.87 vs. the industry median of 1.72, Da Nhim Ham Thuan Da Mi Hydro power 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 Altman Z2-Score for an Utilities - Independent Power Producers company?
The median Altman Z2-Score among Utilities - Independent Power Producers companies is 1.72, based on 438 companies in the industry. Companies in the top quartile (top 25%) have a Altman Z2-Score significantly above this median, while those in the bottom quartile fall well below. However, Altman Z2-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Da Nhim Ham Thuan Da Mi Hydro power JSC's current Altman Z2-Score of 7.57 is 340.1% 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 Altman Z2-Score mean?
A high Altman Z2-Score can signal that a stock is expensive relative to its fundamentals. Z2-Score is the Z-Score for non-manufacturing companies excluding property/financial companies, which measures a company's bankruptcy risk. View historical data on Da Nhim Ham Thuan Da Mi Hydro power JSC and its competitors. For the Utilities - Independent Power Producers industry, the median Altman Z2-Score is 1.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Da Nhim Ham Thuan Da Mi Hydro power JSC's current Altman Z2-Score is 7.57, which is 29% above median its own 10-year median of 5.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Da Nhim Ham Thuan Da Mi Hydro power JSC stock overvalued right now?
Based on GuruFocus' analysis, Da Nhim Ham Thuan Da Mi Hydro power JSC (HSTC:DNH) is currently considered Modestly Overvalued. The stock's GF Value™ is ₫49,606.59, compared to a current price of ₫59,000.00 — trading 18.9% above its estimated fair value. The current Altman Z2-Score is 7.57, which is 29% above median its 10-year median of 5.87 and 340.1% above the Utilities - Independent Power Producers industry median of 1.72. Da Nhim Ham Thuan Da Mi Hydro power JSC's overall GF Score™ is 73/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Altman Z2-Score calculated?
Altman Z2-Score is calculated from a company's financial statements. For Da Nhim Ham Thuan Da Mi Hydro power JSC (HSTC:DNH), the current Altman Z2-Score is 7.57 as of Jun. 29, 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 Da Nhim Ham Thuan Da Mi Hydro power JSC (HSTC:DNH) Overvalued in 2026?

Based on GuruFocus' analysis, Da Nhim Ham Thuan Da Mi Hydro power JSC stock appears to be overvalued. The current stock price of ₫59,000.00 is trading 18.9% above its estimated GF Value™ of ₫49,606.59. GuruFocus considers Da Nhim Ham Thuan Da Mi Hydro power JSC to be Modestly Overvalued.

Key valuation signals for HSTC:DNH:

  • Altman Z2-Score: 7.57 (29% above median its 10-year median of 5.87)
  • GF Value™: ₫49,606.59 vs. price of ₫59,000.00 (18.9% above fair value)
  • GF Score™: 73/100 with 6 warning signs
  • Industry Position: 340.1% above the Utilities - Independent Power Producers median (#52 of 438)

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


Da Nhim Ham Thuan Da Mi Hydro power JSC Business Description

Address No. 80A Tran Phu Street, B\'Lao Ward, Lam Dong Province, Da Lat, VNM
Da Nhim Ham Thuan Da Mi Hydro power JSC is engaged in the producing and trading of electricity. The company involves managing, operating, and renovating electrical equipment, hydraulic works, architectural works of hydroelectric power plants. The company also makes investments in the construction of hydroelectric, thermal, geothermal, wind power, solar energy projects; and also engaged in anufacturing and trading of electrical, mechanical, telecommunications, and information technology equipment and supplies.
73GF Score

Get the complete analysis for HSTC:DNH

Altman Z2-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₫59,000.00
Price
₫49,606.59
GF Value