PetroVietnam PowerSTC:POW +2.07%86 Altman Z-Score is 1.31 as of Jun. 27, 2026, which is 3% below its 10-year median of 1.35. GuruFocus rates STC:POW with a GF Score™ of 86/100 and a GF Value™ of ₫14,079.50 (Fairly Valued). The stock has 10 warning signs investors should review. Among 412 Utilities - Independent Power Producers companies, PetroVietnam Power ranks better than 51.94% 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 1.28 is in distress zone. This implies bankruptcy possibility in the next two years.
PetroVietnam Power has a Altman Z-Score of 1.31, 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 PetroVietnam Power's Altman Z-Score or its related term are showing as below:
STC:POW'
s Altman Z-Score Range Over the Past 10 Years
Min: 0.85 Med: 1.35 Max: 1.89
Current: 1.28
During the past 8 years, PetroVietnam Power's highest Altman Z-Score was 1.89. The lowest was 0.85. And the median was 1.35.
PetroVietnam Power (STC:POW) 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.
Altman Z-Score does not apply to financial companies.
PetroVietnam Power Altman Z-Score Related Terms
PetroVietnam Power Altman Z-Score Historical Data
* Premium members only.
The historical data trend for PetroVietnam Power'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.
STC:POW vs CEG, VST, NRG: Altman Z-Score Comparison
For the Utilities - Independent Power Producers subindustry, PetroVietnam Power'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.
PetroVietnam Power Altman Z-Score vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, PetroVietnam Power's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where PetroVietnam Power's Altman Z-Score falls into.
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.
PetroVietnam Power'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
*
0.1218
+
1.4
*
0.0645
+
3.3
*
0.0513
+
0.6
*
0.8337
+
1.0
*
0.4004
=
1.31
* 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 ₫95,758,312 Mil. Total Current Assets was ₫44,740,544 Mil. Total Current Liabilities was ₫33,080,673 Mil. Retained Earnings was ₫6,171,892 Mil. Pre-Tax Income was 1407522.062 + 747748.56 + 1011826.163 + 784424.744 = ₫3,951,522 Mil. Interest Expense was -420886.313 + -245939.185 + -152456.16 + -137817.303 = ₫-957,099 Mil. Revenue was 12327018.195 + 8746965.663 + 7855188.739 + 9414834.69 = ₫38,344,007 Mil. Market Cap (Today) was ₫45,404,116 Mil. Total Liabilities was ₫54,462,924 Mil.
* Note that for stock reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data.
PetroVietnam Power (STC:POW) has a Altman Z-Score of 1.31 as of Jun. 27, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on PetroVietnam Power and its competitors. This is near median its historical median of 1.35. Over the past decade, PetroVietnam Power's Altman Z-Score has ranged from 0.85 to 1.89. According to the industry distribution chart, PetroVietnam Power ranks #198 out of 412 companies in the Utilities - Independent Power Producers industry, placing it in the top 48.1%.
Is PetroVietnam Power's Altman Z-Score too high?
PetroVietnam Power's current Altman Z-Score of 1.31 is near median its 10-year median of 1.35. Over the past 10 years, this metric has ranged from a low of 0.85 to a high of 1.89. The Utilities - Independent Power Producers industry median Altman Z-Score is 1.24. PetroVietnam Power's value of 1.31 is 6.1% above this industry median. Based on the distribution chart, PetroVietnam Power ranks #198 out of 412 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, PetroVietnam Power has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PetroVietnam Power's Altman Z-Score compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, PetroVietnam Power ranks #198 out of 412 companies for Altman Z-Score. This puts PetroVietnam Power in the upper half of its industry. The industry median Altman Z-Score is 1.24. PetroVietnam Power's value of 1.31 is 6.1% above this benchmark. Historically, PetroVietnam Power's own Altman Z-Score has ranged from 0.85 to 1.89 over the past decade. While the company's 10-year median is 1.35 vs. the industry median of 1.24, PetroVietnam Power 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 an Utilities - Independent Power Producers company?
The median Altman Z-Score among Utilities - Independent Power Producers companies is 1.24, based on 412 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. PetroVietnam Power's current Altman Z-Score of 1.31 is 6.1% 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 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 PetroVietnam Power and its competitors. For the Utilities - Independent Power Producers industry, the median Altman Z-Score is 1.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PetroVietnam Power's current Altman Z-Score is 1.31, which is near median its own 10-year median of 1.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PetroVietnam Power stock overvalued right now?
Based on GuruFocus' analysis, PetroVietnam Power (STC:POW) is currently considered Fairly Valued. The stock's GF Value™ is ₫14,079.50, compared to a current price of ₫14,800.00 — trading 5.1% above its estimated fair value. The current Altman Z-Score is 1.31, which is near median its 10-year median of 1.35 and 6.1% above the Utilities - Independent Power Producers industry median of 1.24. PetroVietnam Power's overall GF Score™ is 86/100 with 10 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 PetroVietnam Power (STC:POW), the current Altman Z-Score is 1.31 as of Jun. 27, 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 PetroVietnam Power (STC:POW) Overvalued in 2026?
Based on GuruFocus' analysis, PetroVietnam Power stock appears to be overvalued.
The current stock price of ₫14,800.00 is trading 5.1% above its estimated GF Value™ of ₫14,079.50.
GuruFocus considers PetroVietnam Power to be Fairly Valued.
Key valuation signals for STC:POW:
Altman Z-Score: 1.31 (near median its 10-year median of 1.35)
GF Value™: ₫14,079.50 vs. price of ₫14,800.00 (5.1% above fair value)
Industry Position: 6.1% above the Utilities - Independent Power Producers median (#198 of 412)
No single metric tells the full story. See the STC:POW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PetroVietnam Power Corp is a Vietnam-based holding company. The company is engaged in producing and trading electricity, and importing, trading, and distributing coal for thermal power plants. It is also involved in the repair, maintenance, and supply of replacement materials and equipment for an electric machine.
86GF Score
Get the complete analysis for STC:POW
Altman Z-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
STC:POW has been successfully added to your 
