RAPCO Investment PJSC (ADX:RAPCO) Piotroski F-Score: 6 (As of Aug. 26, 2026) — Near Median

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ADX:RAPCO RAPCO Investment PJSC ADX:RAPCO
25 GF Score
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! 4 Warning Signs
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What is RAPCO Investment PJSC Piotroski F-Score?

RAPCO Investment PJSC ADX:RAPCO -5.00% 25 Piotroski F-Score is 6 as of Aug. 26, 2026, which is at its 10-year median of 6.00. GuruFocus rates ADX:RAPCO with a GF Score™ of 25/100. The stock has 4 warning signs investors should review. Among 1,593 Asset Management companies, RAPCO Investment PJSC ranks better than 82.61% on this metric.

The zones of discrimination were as such:

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

RAPCO Investment PJSC has an F-score of 6 indicating the company's financial situation is typical for a stable company.

The historical rank and industry rank for RAPCO Investment PJSC's Piotroski F-Score or its related term are showing as below:

ADX:RAPCO' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 6   Max: 7
Current: 6

During the past 13 years, the highest Piotroski F-Score of RAPCO Investment PJSC was 7. The lowest was 3. And the median was 6.

RAPCO Investment PJSC  (ADX:RAPCO) Piotroski F-Score Explanation

The developer of the system is Joseph D. Piotroski is relatively unknown accounting professor who shuns publicity and rarely gives interviews.

He graduated from the University of Illinois with a B.S. in accounting in 1989, received an M.B.A. from Indiana University in 1994. Five years later, in 1999, after earning a Ph.D. in accounting from the University of Michigan, he became an associate professor of accounting at the University of Chicago.

In 2000, he wrote a research paper called "Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers" (pdf).

He wanted to see if he can develop a system (using a simple nine-point scoring system) that can increase the returns of a strategy of investing in low price to book (referred to in the paper as high book to market) value companies.

What he found was something that exceeded his most optimistic expectations.

Buying only those companies that scored highest (8 or 9) on his nine-point scale, or F-Score as he called it, over the 20 year period from 1976 to 1996 led to an average out-performance over the market of 13.4%.

Even more impressive were the results of a strategy of investing in the highest F-Score companies (8 or 9) and shorting companies with the lowest F-Score (0 or 1).

Over the same period from 1976 to 1996 (20 years) this strategy led to an average yearly return of 23%, substantially outperforming the average S&P 500 index return of 15.83% over the same period.


RAPCO Investment PJSC Piotroski F-Score Related Terms


RAPCO Investment PJSC Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for RAPCO Investment PJSC's Piotroski F-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.

RAPCO Investment PJSC Piotroski F-Score Chart

RAPCO Investment PJSC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.00 4.00 6.00 6.00 7.00

RAPCO Investment PJSC Quarterly Data
Jun19 Sep19 Dec19 Dec20 Dec21 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Piotroski F-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 N/A N/A 7.00 4.00 6.00

ADX:RAPCO vs BLK, BX, KKR: Piotroski F-Score Comparison

For the Asset Management subindustry, RAPCO Investment PJSC's Piotroski F-Score, along with its competitors' market caps and Piotroski F-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.


RAPCO Investment PJSC Piotroski F-Score vs Asset Management Industry

For the Asset Management industry and Financial Services sector, RAPCO Investment PJSC's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where RAPCO Investment PJSC's Piotroski F-Score falls into.


ADX:RAPCO
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RAPCO Investment PJSC ADX:RAPCO
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How is the Piotroski F-Score calculated?

* 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.

This Year (Jun26) TTM:Last Year (Jun25) TTM:
Net Income was 9.412 + 9.457 + -2.096 + 11.98 = د.إ28.75 Mil.
Cash Flow from Operations was -5.366 + 0.159 + -1.086 + 18.363 = د.إ12.07 Mil.
Revenue was 3.495 + 3.524 + -1.075 + 11.806 = د.إ17.75 Mil.
Gross Profit was 3.288 + 3.441 + -1.249 + 11.729 = د.إ17.21 Mil.
Average Total Assets from the begining of this year (Jun25)
to the end of this year (Jun26) was
(437.026 + 455.46 + 454.985 + 428.605 + 517.46) / 5 = د.إ458.7072 Mil.
Total Assets at the begining of this year (Jun25) was د.إ437.03 Mil.
Long-Term Debt & Capital Lease Obligation was د.إ0.00 Mil.
Total Current Assets was د.إ178.07 Mil.
Total Current Liabilities was د.إ85.08 Mil.
Net Income was 5.095 + 22.026 + 6.556 + 4.595 = د.إ38.27 Mil.

Revenue was 2.427 + 1.947 + 5.47 + 4.486 = د.إ14.33 Mil.
Gross Profit was 2.188 + 1.652 + 5.16 + 4.313 = د.إ13.31 Mil.
Average Total Assets from the begining of last year (Jun24)
to the end of last year (Jun25) was
(356.318 + 386.129 + 422.406 + 424.005 + 437.026) / 5 = د.إ405.1768 Mil.
Total Assets at the begining of last year (Jun24) was د.إ356.32 Mil.
Long-Term Debt & Capital Lease Obligation was د.إ30.00 Mil.
Total Current Assets was د.إ138.99 Mil.
Total Current Liabilities was د.إ1.44 Mil.

*Note: If the latest quarterly/semi-annual/annual total assets data is 0, then we will use previous quarterly/semi-annual/annual data for all the items in the balance sheet.

Profitability

Question 1. Return on Assets (ROA)

Net income before extraordinary items for the year divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

RAPCO Investment PJSC's current Net Income (TTM) was 28.75. ==> Positive ==> Score 1.

Question 2. Cash Flow Return on Assets (CFROA)

Net cash flow from operating activities (operating cash flow) divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

RAPCO Investment PJSC's current Cash Flow from Operations (TTM) was 12.07. ==> Positive ==> Score 1.

Question 3. Change in Return on Assets

Compare this year's return on assets (1) to last year's return on assets.

Score 1 if it's higher, 0 if it's lower.

ROA (This Year)=Net Income/Total Assets (Jun25)
=28.753/437.026
=0.06579242

ROA (Last Year)=Net Income/Total Assets (Jun24)
=38.272/356.318
=0.10740967

RAPCO Investment PJSC's return on assets of this year was 0.06579242. RAPCO Investment PJSC's return on assets of last year was 0.10740967. ==> Last year is higher ==> Score 0.

Question 4. Quality of Earnings (Accrual)

Compare Cash flow return on assets (2) to return on assets (1)

Score 1 if CFROA > ROA, 0 if CFROA <= ROA.

RAPCO Investment PJSC's current Net Income (TTM) was 28.75. RAPCO Investment PJSC's current Cash Flow from Operations (TTM) was 12.07. ==> 12.07 <= 28.75 ==> CFROA <= ROA ==> Score 0.

Funding

Question 5. Change in Gearing or Leverage

Compare this year's gearing (long-term debt divided by average total assets) to last year's gearing.

Score 0 if this year's gearing is higher, 1 otherwise.

Gearing (This Year: Jun26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun25 to Jun26
=0/458.7072
=0

Gearing (Last Year: Jun25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun24 to Jun25
=30/405.1768
=0.07404175

RAPCO Investment PJSC's gearing of this year was 0. RAPCO Investment PJSC's gearing of last year was 0.07404175. ==> This year is lower or equal to last year. ==> Score 1.

Question 6. Change in Working Capital (Liquidity)

Compare this year's current ratio (current assets divided by current liabilities) to last year's current ratio.

Score 1 if this year's current ratio is higher, 0 if it's lower

Current Ratio (This Year: Jun26)=Total Current Assets/Total Current Liabilities
=178.065/85.075
=2.09303556

Current Ratio (Last Year: Jun25)=Total Current Assets/Total Current Liabilities
=138.986/1.438
=96.65229485

RAPCO Investment PJSC's current ratio of this year was 2.09303556. RAPCO Investment PJSC's current ratio of last year was 96.65229485. ==> Last year's current ratio is higher ==> Score 0.

Question 7. Change in Shares in Issue

Compare the number of shares in issue this year, to the number in issue last year.

Score 0 if there is larger number of shares in issue this year, 1 otherwise.

RAPCO Investment PJSC's number of shares in issue this year was 95.04. RAPCO Investment PJSC's number of shares in issue last year was 95.04. ==> There is smaller number of shares in issue this year, or the same. ==> Score 1.

Efficiency

Question 8. Change in Gross Margin

Compare this year's gross margin (Gross Profit divided by sales) to last year's.

Score 1 if this year's gross margin is higher, 0 if it's lower.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=17.209/17.75
=0.96952113

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=13.313/14.33
=0.92903001

RAPCO Investment PJSC's gross margin of this year was 0.96952113. RAPCO Investment PJSC's gross margin of last year was 0.92903001. ==> This year's gross margin is higher. ==> Score 1.

Question 9. Change in asset turnover

Compare this year's asset turnover (total sales for the year divided by total assets at the beginning of the year) to last year's asset turnover ratio.

Score 1 if this year's asset turnover ratio is higher, 0 if it's lower

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Jun25)
=17.75/437.026
=0.04061543

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Jun24)
=14.33/356.318
=0.04021688

RAPCO Investment PJSC's asset turnover of this year was 0.04061543. RAPCO Investment PJSC's asset turnover of last year was 0.04021688. ==> This year's asset turnover is higher. ==> Score 1.

Evaluation

Piotroski F-Score= Que. 1+ Que. 2+ Que. 3+Que. 4+Que. 5+Que. 6+Que. 7+Que. 8+Que. 9
=1+1+0+0+1+0+1+1+1
=6

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

RAPCO Investment PJSC has an F-score of 6 indicating the company's financial situation is typical for a stable company.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 6 mean?
RAPCO Investment PJSC (ADX:RAPCO) has a Piotroski F-Score of 6 as of Aug. 26, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on RAPCO Investment PJSC and its competitors. This is near median its historical median of 6.00. Over the past decade, RAPCO Investment PJSC's Piotroski F-Score has ranged from 3.00 to 7.00. According to the industry distribution chart, RAPCO Investment PJSC ranks #277 out of 1593 companies in the Asset Management industry, placing it in the top 17.4%.
Is RAPCO Investment PJSC's Piotroski F-Score too high?
RAPCO Investment PJSC's current Piotroski F-Score of 6 is near median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 7.00. The Asset Management industry median Piotroski F-Score is 5.00. RAPCO Investment PJSC's value of 6 is 20% above this industry median. Based on the distribution chart, RAPCO Investment PJSC ranks #277 out of 1593 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, RAPCO Investment PJSC has a GF Score™ of 25/100, reflecting its overall financial health beyond just this single metric.
How does RAPCO Investment PJSC's Piotroski F-Score compare to BLK and BX?
According to the Asset Management industry distribution chart, RAPCO Investment PJSC ranks #277 out of 1593 companies for Piotroski F-Score. This places RAPCO Investment PJSC in the top 17% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. RAPCO Investment PJSC's value of 6 is 20% above this benchmark. Historically, RAPCO Investment PJSC's own Piotroski F-Score has ranged from 3.00 to 7.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, RAPCO Investment PJSC 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 Piotroski F-Score for an Asset Management company?
The median Piotroski F-Score among Asset Management companies is 5.00, based on 1,593 companies in the industry. Companies in the top quartile (top 25%) have a Piotroski F-Score significantly above this median, while those in the bottom quartile fall well below. However, Piotroski F-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. RAPCO Investment PJSC's current Piotroski F-Score of 6 is 20% 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 Piotroski F-Score mean?
A high Piotroski F-Score can signal that a stock is expensive relative to its fundamentals. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on RAPCO Investment PJSC and its competitors. For the Asset Management industry, the median Piotroski F-Score is 5.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. RAPCO Investment PJSC's current Piotroski F-Score is 6, which is near median its own 10-year median of 6.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RAPCO Investment PJSC stock overvalued right now?
RAPCO Investment PJSC (ADX:RAPCO) has a current Piotroski F-Score of 6. The current Piotroski F-Score is 6, which is near median its 10-year median of 6.00 and 20% above the Asset Management industry median of 5.00. RAPCO Investment PJSC's overall GF Score™ is 25/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Piotroski F-Score calculated?
Piotroski F-Score is calculated from a company's financial statements. For RAPCO Investment PJSC (ADX:RAPCO), the current Piotroski F-Score is 6 as of Aug. 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.

RAPCO Investment PJSC Business Description

Address Al jazirah Alhamra, P.O. Box 184, Ras Al Khaimah, ARE
RAPCO Investment PJSC is engaged in commercial, real estate, and agricultural enterprise investment, institution, and management. The company is an investment company with a portfolio spanning across real estate, equity, capital markets, and venture funding. The principal activities of the Company consist of commercial enterprises investment, institution and management, real estate enterprises investment, development, institution and management, and agricultural enterprises investment, institution and management.
25GF Score

Get the complete analysis for ADX:RAPCO

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

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