Viettel Construction JSC (STC:CTR) Altman Z-Score: 3.25 (As of Jun. 29, 2026) — Near Median


STC:CTR Viettel Construction JSC STC:CTR
94 GF Score
Price ₫84,500.00
GF Value ₫121,619.12
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is Viettel Construction JSC Altman Z-Score?

Viettel Construction JSC STC:CTR 94 Altman Z-Score is 3.25 as of Jun. 29, 2026, which is 6% below its 10-year median of 3.47. GuruFocus rates STC:CTR with a GF Score™ of 94/100 and a GF Value™ of ₫121,619.12 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,753 Construction companies, Viettel Construction JSC ranks better than 68.74% 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.

Good Sign:

Altman Z-score of 3.25 is strong.

Viettel Construction JSC has a Altman Z-Score of 3.25, indicating it is in Safe Zones. This implies the Altman Z-Score is strong.

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 Viettel Construction JSC's Altman Z-Score or its related term are showing as below:

STC:CTR' s Altman Z-Score Range Over the Past 10 Years
Min: 2.95   Med: 3.47   Max: 5.08
Current: 3.25

During the past 8 years, Viettel Construction JSC's highest Altman Z-Score was 5.08. The lowest was 2.95. And the median was 3.47.


Viettel Construction JSC  (STC:CTR) 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.


Viettel Construction JSC Altman Z-Score Related Terms


Viettel Construction JSC Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Viettel 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.

Viettel Construction JSC Altman Z-Score Chart

Viettel Construction JSC Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z-Score
Get a 7-Day Free Trial 0.00 2.95 3.59 3.99 3.26

Viettel 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 3.50 3.46 3.47 3.26 3.26

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

For the Engineering & Construction subindustry, Viettel 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.


Viettel Construction JSC Altman Z-Score vs Construction Industry

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

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


STC:CTR
94GF Score
Viettel Construction JSC STC:CTR
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Viettel 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.

Viettel 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*0.1368+1.4*0.092+3.3*0.1019+0.6*1.4889+1.0*1.7235
=3.25

* 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 ₫8,706,199 Mil.
Total Current Assets was ₫7,189,697 Mil.
Total Current Liabilities was ₫5,998,398 Mil.
Retained Earnings was ₫800,617 Mil.
Pre-Tax Income was 189105.38 + 200057.313 + 209514.676 + 181172.3 = ₫779,850 Mil.
Interest Expense was -33942.626 + -26133.267 + -23668.419 + -23269.326 = ₫-107,014 Mil.
Revenue was 3804825.62 + 3999528.265 + 3965175.719 + 3235913.722 = ₫15,005,443 Mil.
Market Cap (Today) was ₫9,665,607 Mil.
Total Liabilities was ₫6,491,912 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
=(7189696.9 - 5998398.464)/8706199.286
=0.1368

X2=Retained Earnings/Total Assets
=800617.306/8706199.286
=0.092

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(779849.669 - -107013.638)/8706199.286
=0.1019

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=9665606.776/6491911.979
=1.4889

X5=Revenue/Total Assets
=15005443.326/8706199.286
=1.7235

The zones of discrimination were as such:

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

Viettel Construction JSC has a Altman Z-Score of 3.25 indicating it is in Safe 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 3.25 mean?
Viettel Construction JSC (STC:CTR) has a Altman Z-Score of 3.25 as of Jun. 29, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Viettel Construction JSC and its competitors. This is near median its historical median of 3.47. Over the past decade, Viettel Construction JSC's Altman Z-Score has ranged from 2.95 to 5.08. According to the industry distribution chart, Viettel Construction JSC ranks #548 out of 1753 companies in the Construction industry, placing it in the top 31.3%.
Is Viettel Construction JSC's Altman Z-Score too high?
Viettel Construction JSC's current Altman Z-Score of 3.25 is near median its 10-year median of 3.47. Over the past 10 years, this metric has ranged from a low of 2.95 to a high of 5.08. The Construction industry median Altman Z-Score is 2.33. Viettel Construction JSC's value of 3.25 is 39.5% above this industry median. Based on the distribution chart, Viettel Construction JSC ranks #548 out of 1753 companies in the Construction industry, which is above the industry midpoint. Overall, Viettel Construction JSC has a GF Score™ of 94/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Viettel Construction JSC's Altman Z-Score compare to PWR and FIX?
According to the Construction industry distribution chart, Viettel Construction JSC ranks #548 out of 1753 companies for Altman Z-Score. This puts Viettel Construction JSC in the upper half of its industry. The industry median Altman Z-Score is 2.33. Viettel Construction JSC's value of 3.25 is 39.5% above this benchmark. Historically, Viettel Construction JSC's own Altman Z-Score has ranged from 2.95 to 5.08 over the past decade. While the company's 10-year median is 3.47 vs. the industry median of 2.33, Viettel Construction 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 Z-Score for a Construction company?
The median Altman Z-Score among Construction companies is 2.33, based on 1,753 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. Viettel Construction JSC's current Altman Z-Score of 3.25 is 39.5% 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 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 Viettel Construction 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. Viettel Construction JSC's current Altman Z-Score is 3.25, which is near median its own 10-year median of 3.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Viettel Construction JSC stock overvalued right now?
Based on GuruFocus' analysis, Viettel Construction JSC (STC:CTR) is currently considered Significantly Undervalued. The stock's GF Value™ is ₫121,619.12, compared to a current price of ₫84,500.00 — trading 30.5% below its estimated fair value. The current Altman Z-Score is 3.25, which is near median its 10-year median of 3.47 and 39.5% above the Construction industry median of 2.33. Viettel Construction JSC's overall GF Score™ is 94/100 with 2 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 Viettel Construction JSC (STC:CTR), the current Altman Z-Score is 3.25 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 Viettel Construction JSC (STC:CTR) Overvalued in 2026?

Based on GuruFocus' analysis, Viettel Construction JSC stock appears to be undervalued. The current stock price of ₫84,500.00 is trading 30.5% below its estimated GF Value™ of ₫121,619.12. GuruFocus considers Viettel Construction JSC to be Significantly Undervalued.

Key valuation signals for STC:CTR:

  • Altman Z-Score: 3.25 (near median its 10-year median of 3.47)
  • GF Value™: ₫121,619.12 vs. price of ₫84,500.00 (30.5% below fair value)
  • GF Score™: 94/100 with 2 warning signs
  • Industry Position: 39.5% above the Construction median (#548 of 1753)

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


Viettel Construction JSC Business Description

Address No. 01 Giang Van Minh, Giang Vo Ward, Hanoi, VNM
Viettel Construction JSC is a Vietnam-based company engaged in the construction and engineering sector. The company's business segments include Construction activities; Information exploitation and response operations; Commercial operations and integrated solutions; Infrastructure; leasing business activities; and Technical service activities. It derives maximum revenue from Information exploitation and response operations segment. It provides telecommunication transmission lines, towers and cable laying; the manufacture of antenna, concrete poles and other telecommunication construction supplies; the erection of institutional buildings, and the upgrade of concrete roads. Geographically, it operates in Domestic and Overseas Markets.
94GF Score

Get the complete analysis for STC:CTR

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

₫84,500.00
Price
₫121,619.12
GF Value