Petrovietnam Drilling & Well Service (STC:PVD) Altman Z-Score: 1.73 (As of Jul. 14, 2026) — 25% Above Median

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STC:PVD Petrovietnam Drilling & Well Service Corp STC:PVD
94 GF Score
Price ₫18,603.95
GF Value ₫28,837.91
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is Petrovietnam Drilling & Well Service Altman Z-Score?

Petrovietnam Drilling & Well Service STC:PVD -4.46% 94 Altman Z-Score is 1.73 as of Jul. 14, 2026, which is 25% above its 10-year median of 1.38. GuruFocus rates STC:PVD with a GF Score™ of 94/100 and a GF Value™ of ₫28,837.91 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 896 Oil & Gas companies, Petrovietnam Drilling & Well Service ranks worse than 53.46% 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 1.73 is in distress zone. This implies bankruptcy possibility in the next two years.

Petrovietnam Drilling & Well Service has a Altman Z-Score of 1.73, 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 Drilling & Well Service's Altman Z-Score or its related term are showing as below:

STC:PVD' s Altman Z-Score Range Over the Past 10 Years
Min: 0.89   Med: 1.38   Max: 2.21
Current: 1.73

During the past 13 years, Petrovietnam Drilling & Well Service's highest Altman Z-Score was 2.21. The lowest was 0.89. And the median was 1.38.


Petrovietnam Drilling & Well Service  (STC:PVD) 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.


Petrovietnam Drilling & Well Service Altman Z-Score Related Terms


Petrovietnam Drilling & Well Service Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Petrovietnam Drilling & Well Service'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.

Petrovietnam Drilling & Well Service Altman Z-Score Chart

Petrovietnam Drilling & Well Service 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 1.57 1.35 2.06 1.83 1.60

Petrovietnam Drilling & Well Service 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 1.86 1.62 1.51 1.60 1.84

STC:PVD vs NE, RIG, VAL: Altman Z-Score Comparison

For the Oil & Gas Drilling subindustry, Petrovietnam Drilling & Well Service'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 Drilling & Well Service Altman Z-Score vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Petrovietnam Drilling & Well Service's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Petrovietnam Drilling & Well Service's Altman Z-Score falls into.


STC:PVD
94GF Score
Petrovietnam Drilling & Well Service Corp STC:PVD
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Petrovietnam Drilling & Well Service 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.

Petrovietnam Drilling & Well Service'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*0.1462+1.4*0.0527+3.3*0.0603+0.6*1.427+1.0*0.4304
=1.73

* 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 ₫29,542,201 Mil.
Total Current Assets was ₫10,817,208 Mil.
Total Current Liabilities was ₫6,497,450 Mil.
Retained Earnings was ₫1,557,904 Mil.
Pre-Tax Income was 395826.291 + 492465.811 + 366448.314 + 320900.455 = ₫1,575,641 Mil.
Interest Expense was -66454.8 + -44882.208 + -46597.817 + -46696.252 = ₫-204,631 Mil.
Revenue was 3401070.967 + 4312947.646 + 2570643.212 + 2430063.7 = ₫12,714,726 Mil.
Market Cap (Today) was ₫17,260,074 Mil.
Total Liabilities was ₫12,095,430 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
=(10817207.633 - 6497449.863)/29542201.348
=0.1462

X2=Retained Earnings/Total Assets
=1557904.253/29542201.348
=0.0527

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(1575640.871 - -204631.077)/29542201.348
=0.0603

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=17260074.186/12095429.525
=1.427

X5=Revenue/Total Assets
=12714725.525/29542201.348
=0.4304

The zones of discrimination were as such:

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

Petrovietnam Drilling & Well Service has a Altman Z-Score of 1.73 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 1.73 mean?
Petrovietnam Drilling & Well Service (STC:PVD) has a Altman Z-Score of 1.73 as of Jul. 14, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Petrovietnam Drilling & Well Service and its competitors. This is 25% above median its historical median of 1.38. Over the past decade, Petrovietnam Drilling & Well Service's Altman Z-Score has ranged from 0.89 to 2.21. According to the industry distribution chart, Petrovietnam Drilling & Well Service ranks #479 out of 896 companies in the Oil & Gas industry, placing it in the top 53.5%.
Is Petrovietnam Drilling & Well Service's Altman Z-Score too high?
Petrovietnam Drilling & Well Service's current Altman Z-Score of 1.73 is 25% above median its 10-year median of 1.38. Over the past 10 years, this metric has ranged from a low of 0.89 to a high of 2.21. The Oil & Gas industry median Altman Z-Score is 1.92. Petrovietnam Drilling & Well Service's value of 1.73 is 9.7% below this industry median. Based on the distribution chart, Petrovietnam Drilling & Well Service ranks #479 out of 896 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Petrovietnam Drilling & Well Service has a GF Score™ of 94/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Petrovietnam Drilling & Well Service's Altman Z-Score compare to NE and RIG?
According to the Oil & Gas industry distribution chart, Petrovietnam Drilling & Well Service ranks #479 out of 896 companies for Altman Z-Score. This places Petrovietnam Drilling & Well Service in the lower half of its industry. The industry median Altman Z-Score is 1.92. Petrovietnam Drilling & Well Service's value of 1.73 is 9.7% below this benchmark. Historically, Petrovietnam Drilling & Well Service's own Altman Z-Score has ranged from 0.89 to 2.21 over the past decade. While the company's 10-year median is 1.38 vs. the industry median of 1.92, Petrovietnam Drilling & Well Service 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 an Oil & Gas company?
The median Altman Z-Score among Oil & Gas companies is 1.92, based on 896 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 Drilling & Well Service's current Altman Z-Score of 1.73 is 9.7% 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 Petrovietnam Drilling & Well Service and its competitors. For the Oil & Gas industry, the median Altman Z-Score is 1.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Petrovietnam Drilling & Well Service's current Altman Z-Score is 1.73, which is 25% above median its own 10-year median of 1.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Petrovietnam Drilling & Well Service stock overvalued right now?
Based on GuruFocus' analysis, Petrovietnam Drilling & Well Service (STC:PVD) is currently considered Possible Value Trap. The stock's GF Value™ is ₫28,837.91, compared to a current price of ₫18,603.95 — trading 35.5% below its estimated fair value. The current Altman Z-Score is 1.73, which is 25% above median its 10-year median of 1.38 and 9.7% below the Oil & Gas industry median of 1.92. Petrovietnam Drilling & Well Service's overall GF Score™ is 94/100 with 3 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 Drilling & Well Service (STC:PVD), the current Altman Z-Score is 1.73 as of Jul. 14, 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 Drilling & Well Service (STC:PVD) Overvalued in 2026?

Based on GuruFocus' analysis, Petrovietnam Drilling & Well Service stock appears to be undervalued. The current stock price of ₫18,603.95 is trading 35.5% below its estimated GF Value™ of ₫28,837.91. GuruFocus considers Petrovietnam Drilling & Well Service to be Possible Value Trap.

Key valuation signals for STC:PVD:

  • Altman Z-Score: 1.73 (25% above median its 10-year median of 1.38)
  • GF Value™: ₫28,837.91 vs. price of ₫18,603.95 (35.5% below fair value)
  • GF Score™: 94/100 with 3 warning signs
  • Industry Position: 9.7% below the Oil & Gas median (#479 of 896)

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


Petrovietnam Drilling & Well Service Business Description

Industry EnergyOil & Gas
Address 4th Floor, Sailing Tower, 111A Pasteur Street, Ben Nghe Ward, District 1, Ho Chi Minh, VNM
Petrovietnam Drilling & Well Service Corp is a provider of drilling rigs and technical services for the exploration and exploitation of oil and gas industry locally and internationally. The company operates through three segments namely Drilling services, Trading, and Other services. Its Drilling services segment offers drilling rigs and drilling services. The Trading segment produces material and equipment for drilling-related activities. Its Other services segment is involved in administering well services, wireline logging, oil spill control service, drilling manpower supply service, investment-management project consulting service, management consulting service and other related services. Geographically it operates in Vietnam, Malaysia, Myanmar, Algeria.
94GF Score

Get the complete analysis for STC:PVD

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

₫18,603.95
Price
₫28,837.91
GF Value