Coteccons Construction JSC (STC:CTD) Altman Z-Score: 1.61 (As of Jun. 26, 2026) — 29% Below Median


STC:CTD Coteccons Construction JSC STC:CTD
61 GF Score
Price ₫71,600.00
GF Value ₫96,709.22
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Coteccons Construction JSC Altman Z-Score?

Coteccons Construction JSC STC:CTD +1.85% 61 Altman Z-Score is 1.61 as of Jun. 26, 2026, which is 29% below its 10-year median of 2.28. GuruFocus rates STC:CTD with a GF Score™ of 61/100 and a GF Value™ of ₫96,709.22 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,758 Construction companies, Coteccons Construction JSC ranks worse than 68.03% 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 1.61 is in distress zone. This implies bankruptcy possibility in the next two years.

Coteccons Construction JSC has a Altman Z-Score of 1.61, 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 Coteccons Construction JSC's Altman Z-Score or its related term are showing as below:

STC:CTD' s Altman Z-Score Range Over the Past 10 Years
Min: 1.4   Med: 2.28   Max: 5.14
Current: 1.61

During the past 13 years, Coteccons Construction JSC's highest Altman Z-Score was 5.14. The lowest was 1.40. And the median was 2.28.


Coteccons Construction JSC  (STC:CTD) 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.


Coteccons Construction JSC Altman Z-Score Related Terms


Coteccons Construction JSC Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Coteccons Construction 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.

Coteccons Construction JSC Altman Z-Score Chart

Coteccons Construction JSC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Jun23 Jun24 Jun25
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.92 1.40 1.45 1.65 1.51

Coteccons Construction 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 1.59 1.51 1.56 1.52 1.64

STC:CTD vs PWR, FIX, EME: Altman Z-Score Comparison

For the Engineering & Construction subindustry, Coteccons Construction 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.


Coteccons Construction JSC Altman Z-Score vs Construction Industry

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

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


STC:CTD
61GF Score
Coteccons Construction JSC STC:CTD
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Coteccons Construction 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.

Coteccons Construction 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*0.26+1.4*0.046+3.3*0.0375+0.6*0.3028+1.0*0.9289
=1.61

* 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 ₫34,686,856 Mil.
Total Current Assets was ₫32,611,007 Mil.
Total Current Liabilities was ₫23,593,386 Mil.
Retained Earnings was ₫1,594,289 Mil.
Pre-Tax Income was 153288.062 + 284654.842 + 376839.381 + 229786.922 = ₫1,044,569 Mil.
Interest Expense was -110469.102 + -60656.523 + -44548.526 + -39349.65 = ₫-255,024 Mil.
Revenue was 6409416.447 + 10007247.476 + 7451776.03 + 8350684.675 = ₫32,219,125 Mil.
Market Cap (Today) was ₫7,625,508 Mil.
Total Liabilities was ₫25,184,451 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
=(32611007.334 - 23593385.917)/34686855.767
=0.26

X2=Retained Earnings/Total Assets
=1594288.658/34686855.767
=0.046

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(1044569.207 - -255023.801)/34686855.767
=0.0375

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=7625508.402/25184450.686
=0.3028

X5=Revenue/Total Assets
=32219124.628/34686855.767
=0.9289

The zones of discrimination were as such:

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

Coteccons Construction JSC has a Altman Z-Score of 1.61 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 1.61 mean?
Coteccons Construction JSC (STC:CTD) has a Altman Z-Score of 1.61 as of Jun. 26, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Coteccons Construction JSC and its competitors. This is 29% below median its historical median of 2.28. Over the past decade, Coteccons Construction JSC's Altman Z-Score has ranged from 1.40 to 5.14. According to the industry distribution chart, Coteccons Construction JSC ranks #1196 out of 1758 companies in the Construction industry, placing it in the top 68%.
Is Coteccons Construction JSC's Altman Z-Score too high?
Coteccons Construction JSC's current Altman Z-Score of 1.61 is 29% below median its 10-year median of 2.28. Over the past 10 years, this metric has ranged from a low of 1.40 to a high of 5.14. The Construction industry median Altman Z-Score is 2.35. Coteccons Construction JSC's value of 1.61 is 31.5% below this industry median. Based on the distribution chart, Coteccons Construction JSC ranks #1196 out of 1758 companies in the Construction industry, which is below the industry midpoint. Overall, Coteccons Construction JSC has a GF Score™ of 61/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Coteccons Construction JSC's Altman Z-Score compare to PWR and FIX?
According to the Construction industry distribution chart, Coteccons Construction JSC ranks #1196 out of 1758 companies for Altman Z-Score. This places Coteccons Construction JSC in the lower half of its industry. The industry median Altman Z-Score is 2.35. Coteccons Construction JSC's value of 1.61 is 31.5% below this benchmark. Historically, Coteccons Construction JSC's own Altman Z-Score has ranged from 1.40 to 5.14 over the past decade. While the company's 10-year median is 2.28 vs. the industry median of 2.35, Coteccons Construction 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 2.35, based on 1,758 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. Coteccons Construction JSC's current Altman Z-Score of 1.61 is 31.5% 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 Coteccons Construction JSC and its competitors. For the Construction industry, the median Altman Z-Score is 2.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Coteccons Construction JSC's current Altman Z-Score is 1.61, which is 29% below median its own 10-year median of 2.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Coteccons Construction JSC stock overvalued right now?
Based on GuruFocus' analysis, Coteccons Construction JSC (STC:CTD) is currently considered Modestly Undervalued. The stock's GF Value™ is ₫96,709.22, compared to a current price of ₫71,600.00 — trading 26% below its estimated fair value. The current Altman Z-Score is 1.61, which is 29% below median its 10-year median of 2.28 and 31.5% below the Construction industry median of 2.35. Coteccons Construction JSC's overall GF Score™ is 61/100 with 5 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 Coteccons Construction JSC (STC:CTD), the current Altman Z-Score is 1.61 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 Coteccons Construction JSC (STC:CTD) Overvalued in 2026?

Based on GuruFocus' analysis, Coteccons Construction JSC stock appears to be undervalued. The current stock price of ₫71,600.00 is trading 26% below its estimated GF Value™ of ₫96,709.22. GuruFocus considers Coteccons Construction JSC to be Modestly Undervalued.

Key valuation signals for STC:CTD:

  • Altman Z-Score: 1.61 (29% below median its 10-year median of 2.28)
  • GF Value™: ₫96,709.22 vs. price of ₫71,600.00 (26% below fair value)
  • GF Score™: 61/100 with 5 warning signs
  • Industry Position: 31.5% below the Construction median (#1196 of 1758)

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


Coteccons Construction JSC Business Description

Address 236/6 Dien Bien Phu Street, Ward 17, Coteccons Building, Binh Thanh District, Ho Chi Minh, VNM
Coteccons Construction JSC constructs and installs civil and industrial, transportation and irrigation works, urban and industrial park infrastructure. It is also involved in the architectural design of general layout plan, civil and industrial works, indoor and outdoor, heating, ventilation, civil and industrial construction, urban infrastructure and air conditioning. The company is in the construction of water drainage and supply, environmental treatment, brokerage, consultancy, land use rights, installation of MEP system. The firm exports and imports iron, steel, building structures, materials and installation equipment, machinery, equipment, spare parts, technological line of construction industry and production of construction materials, machinery, and equipment.
61GF Score

Get the complete analysis for STC:CTD

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

₫71,600.00
Price
₫96,709.22
GF Value