Tasco JSC (HSTC:HUT) Altman Z-Score: 1.43 (As of Jul. 01, 2026) — 81% Above Median


HSTC:HUT Tasco JSC HSTC:HUT
83 GF Score
Price ₫15,300.00
GF Value ₫23,326.56
Valuation Possible Value Trap
! 7 Warning Signs
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What is Tasco JSC Altman Z-Score?

Tasco JSC HSTC:HUT 83 Altman Z-Score is 1.43 as of Jul. 01, 2026, which is 81% above its 10-year median of 0.79. GuruFocus rates HSTC:HUT with a GF Score™ of 83/100 and a GF Value™ of ₫23,326.56 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 1,751 Construction companies, Tasco JSC ranks worse than 72.07% on this metric.

The Altman Z-Score is a model designed to predict the likelihood of a company going bankrupt within the next two years. Created by American finance professor Edward Altman in 1968, the model is specifically designed for publicly traded manufacturing companies with assets greater than $1 million.

Warning Sign:

Altman Z-score of 1.43 is in distress zone. This implies bankruptcy possibility in the next two years.

Tasco JSC has a Altman Z-Score of 1.43, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

The zones of discrimination were as such:

When Altman Z-Score <= 1.8, it is in Distress Zones.
When Altman Z-Score >= 3, it is in Safe Zones.
When Altman Z-Score is between 1.8 and 3, it is in Grey Zones.

The historical rank and industry rank for Tasco JSC's Altman Z-Score or its related term are showing as below:

HSTC:HUT' s Altman Z-Score Range Over the Past 10 Years
Min: 0.19   Med: 0.79   Max: 2
Current: 1.43

During the past 13 years, Tasco JSC's highest Altman Z-Score was 2.00. The lowest was 0.19. And the median was 0.79.


Tasco JSC  (HSTC:HUT) Altman Z-Score Explanation

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, Market Value of Equity/Book Value of Total Liabilities (MVE/TL): The measure shows how much the firm's assets can decline in value (measured by market value of equity plus debt) before the liabilities exceed the assets and the firm becomes insolvent.

X5, Revenue/Total Assets (S/TA): The capital-turnover ratio is a standard financial ratio illustrating the sales generating ability of the firm's assets.

Read more about Altman Z-Score and the original research.


Be Aware

Altman Z-Score does not apply to financial companies.


Tasco JSC Altman Z-Score Related Terms


Tasco JSC Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Tasco JSC's Altman Z-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.

Tasco JSC Altman Z-Score Chart

Tasco JSC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.92 0.73 1.27 1.81 1.36

Tasco JSC Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Altman Z-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 1.80 1.79 2.00 1.36 1.46

HSTC:HUT vs PWR, FIX, EME: Altman Z-Score Comparison

For the Engineering & Construction subindustry, Tasco JSC's Altman Z-Score, along with its competitors' market caps and Altman Z-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.


Tasco JSC Altman Z-Score vs Construction Industry

For the Construction industry and Industrials sector, Tasco JSC's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Tasco JSC's Altman Z-Score falls into.


HSTC:HUT
83GF Score
Tasco JSC HSTC:HUT
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tasco JSC Altman Z-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.

Tasco JSC's Altman Z-Score for today is calculated with this formula:

Z=1.2*X1+1.4*X2+3.3*X3+0.6*X4+1.0*X5
=1.2*0.2027+1.4*0.0126+3.3*0.0367+0.6*0.466+1.0*0.7665
=1.43

* 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 Z-Score when X4 or X5 value is 0.

Trailing Twelve Months (TTM) ended in Mar. 2026:
Total Assets was ₫53,255,441 Mil.
Total Current Assets was ₫28,247,755 Mil.
Total Current Liabilities was ₫17,452,098 Mil.
Retained Earnings was ₫670,848 Mil.
Pre-Tax Income was 75726.251 + 60710.065 + 614576.003 + 98444.888 = ₫849,457 Mil.
Interest Expense was -410030.831 + -304293.081 + -180304.433 + -212232.18 = ₫-1,106,861 Mil.
Revenue was 10989328.805 + 12443475.157 + 9151524.078 + 8237579.933 = ₫40,821,908 Mil.
Market Cap (Today) was ₫16,344,769 Mil.
Total Liabilities was ₫35,074,069 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
=(28247754.673 - 17452098.106)/53255441.341
=0.2027

X2=Retained Earnings/Total Assets
=670848.076/53255441.341
=0.0126

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(849457.207 - -1106860.525)/53255441.341
=0.0367

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=16344769.389/35074068.6
=0.466

X5=Revenue/Total Assets
=40821907.973/53255441.341
=0.7665

The zones of discrimination were as such:

Distress Zones - 1.81 < Grey Zones < 2.99 - Safe Zones

Tasco JSC has a Altman Z-Score of 1.43 indicating it is in Distress Zones.

Study by Altman found that companies that are in Distress Zone have more than 80% of chances of bankruptcy in two years.

Frequently Asked Questions Learn more about Altman Z-Score →
What does a Altman Z-Score of 1.43 mean?
Tasco JSC (HSTC:HUT) has a Altman Z-Score of 1.43 as of Jul. 01, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Tasco JSC and its competitors. This is 81% above median its historical median of 0.79. Over the past decade, Tasco JSC's Altman Z-Score has ranged from 0.19 to 2.00. According to the industry distribution chart, Tasco JSC ranks #1262 out of 1751 companies in the Construction industry, placing it in the top 72.1%.
Is Tasco JSC's Altman Z-Score too high?
Tasco JSC's current Altman Z-Score of 1.43 is 81% above median its 10-year median of 0.79. Over the past 10 years, this metric has ranged from a low of 0.19 to a high of 2.00. The Construction industry median Altman Z-Score is 2.33. Tasco JSC's value of 1.43 is 38.6% below this industry median. Based on the distribution chart, Tasco JSC ranks #1262 out of 1751 companies in the Construction industry, which is below the industry midpoint. Overall, Tasco JSC has a GF Score™ of 83/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Tasco JSC's Altman Z-Score compare to PWR and FIX?
According to the Construction industry distribution chart, Tasco JSC ranks #1262 out of 1751 companies for Altman Z-Score. This places Tasco JSC in the lower half of its industry. The industry median Altman Z-Score is 2.33. Tasco JSC's value of 1.43 is 38.6% below this benchmark. Historically, Tasco JSC's own Altman Z-Score has ranged from 0.19 to 2.00 over the past decade. While the company's 10-year median is 0.79 vs. the industry median of 2.33, Tasco JSC has consistently been below 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 Z-Score for a Construction company?
The median Altman Z-Score among Construction companies is 2.33, based on 1,751 companies in the industry. Companies in the top quartile (top 25%) have a Altman Z-Score significantly above this median, while those in the bottom quartile fall well below. However, Altman Z-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tasco JSC's current Altman Z-Score of 1.43 is 38.6% below 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 Z-Score mean?
A high Altman Z-Score can signal that a stock is expensive relative to its fundamentals. The Altman Z-score measures a company's bankruptcy risk. View historical data on Tasco JSC and its competitors. For the Construction industry, the median Altman Z-Score is 2.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tasco JSC's current Altman Z-Score is 1.43, which is 81% above median its own 10-year median of 0.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tasco JSC stock overvalued right now?
Based on GuruFocus' analysis, Tasco JSC (HSTC:HUT) is currently considered Possible Value Trap. The stock's GF Value™ is ₫23,326.56, compared to a current price of ₫15,300.00 — trading 34.4% below its estimated fair value. The current Altman Z-Score is 1.43, which is 81% above median its 10-year median of 0.79 and 38.6% below the Construction industry median of 2.33. Tasco JSC's overall GF Score™ is 83/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Altman Z-Score calculated?
Altman Z-Score is calculated from a company's financial statements. For Tasco JSC (HSTC:HUT), the current Altman Z-Score is 1.43 as of Jul. 01, 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 Tasco JSC (HSTC:HUT) Overvalued in 2026?

Based on GuruFocus' analysis, Tasco JSC stock appears to be undervalued. The current stock price of ₫15,300.00 is trading 34.4% below its estimated GF Value™ of ₫23,326.56. GuruFocus considers Tasco JSC to be Possible Value Trap.

Key valuation signals for HSTC:HUT:

  • Altman Z-Score: 1.43 (81% above median its 10-year median of 0.79)
  • GF Value™: ₫23,326.56 vs. price of ₫15,300.00 (34.4% below fair value)
  • GF Score™: 83/100 with 7 warning signs
  • Industry Position: 38.6% below the Construction median (#1262 of 1751)

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


Tasco JSC Business Description

Address Pham Hung street, 1st and 20th floor, Tasco building, Lot HH2-2, Tu Liem ward, Hanoi, VNM
Tasco JSC is engaged in providing different services including infrastructure, real estate, and automibile services. The Company operates in the following business segments: Automobile business; Clean water, household goods, building materials, Packaging production; Investment, property trading; Road toll collection under BOT; ETC service; Insurance business and other investment activities. The company derives maximum revenue from Automobile business segment.
83GF Score

Get the complete analysis for HSTC:HUT

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

₫15,300.00
Price
₫23,326.56
GF Value