Eight Capital PartnersAQSE:ECP 40 Piotroski F-Score is 3 as of Jul. 06, 2026, which is at its 10-year median of 3.00. GuruFocus rates AQSE:ECP with a GF Score™ of 40/100 and a GF Value™ of £0.09 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,601 Asset Management companies, Eight Capital Partners ranks worse than 77.95% on this metric.
Warning Sign:
Piotroski F-Score of 3 is low, which usually implies poor business operation.
The zones of discrimination were as such:
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Eight Capital Partners has an F-score of 4 indicating the company's financial situation is typical for a stable company.
The historical rank and industry rank for Eight Capital Partners's Piotroski F-Score or its related term are showing as below:
AQSE:ECP'
s Piotroski F-Score Range Over the Past 10 Years
Min: 2 Med: 3 Max: 6
Current: 3
During the past 13 years, the highest Piotroski F-Score of Eight Capital Partners was 6. The lowest was 2. And the median was 3.
Eight Capital Partners (AQSE:ECP) 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.
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.
Eight Capital Partners Piotroski F-Score Related Terms
Eight Capital Partners Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Eight Capital Partners'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.
AQSE:ECP vs BLK, BX, KKR: Piotroski F-Score Comparison
For the Asset Management subindustry, Eight Capital Partners'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.
Eight Capital Partners Piotroski F-Score vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Eight Capital Partners's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Eight Capital Partners's Piotroski F-Score falls into.
* 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.
*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.
Eight Capital Partners's current Net Income (TTM) was 3.54.
==> 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.
Eight Capital Partners's current Cash Flow from Operations (TTM) was -0.59.
==> Negative ==> Score 0.
Question 3. Change in Return on Assets
Compare this year's return on assets (1) to last year's return on assets.
Eight Capital Partners's return on assets of this year was 0.10629224. Eight Capital Partners's return on assets of last year was 1.21529162.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Eight Capital Partners's gearing of this year was 0. Eight Capital Partners's gearing of last year was 0.
==> 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
Eight Capital Partners's current ratio of this year was 5.22997947. Eight Capital Partners's current ratio of last year was 16.96992864.
==> 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.
Eight Capital Partners's number of shares in issue this year was 15450.001. Eight Capital Partners's number of shares in issue last year was 187451.703.
==> 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.
Eight Capital Partners's gross margin of this year was 0.728. Eight Capital Partners's gross margin of last year was 1.
==> Last year's gross margin is higher ==> Score 0.
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
Eight Capital Partners's asset turnover of this year was 0.00375432. Eight Capital Partners's asset turnover of last year was 0.00318852.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
Piotroski F-Score
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Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Eight Capital Partners has an F-score of 4 indicating the company's financial situation is typical for a stable company.
Eight Capital Partners (AQSE:ECP) has a Piotroski F-Score of 3 as of Jul. 06, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Eight Capital Partners and its competitors. This is near median its historical median of 3.00. Over the past decade, Eight Capital Partners' Piotroski F-Score has ranged from 2.00 to 6.00. According to the industry distribution chart, Eight Capital Partners ranks #1248 out of 1601 companies in the Asset Management industry, placing it in the top 78%.
Is Eight Capital Partners' Piotroski F-Score too high?
Eight Capital Partners' current Piotroski F-Score of 3 is near median its 10-year median of 3.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 6.00. The Asset Management industry median Piotroski F-Score is 5.00. Eight Capital Partners' value of 3 is 40% below this industry median. Based on the distribution chart, Eight Capital Partners ranks #1248 out of 1601 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Eight Capital Partners has a GF Score™ of 40/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Eight Capital Partners' Piotroski F-Score compare to BLK and BX?
According to the Asset Management industry distribution chart, Eight Capital Partners ranks #1248 out of 1601 companies for Piotroski F-Score. This places Eight Capital Partners in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Eight Capital Partners' value of 3 is 40% below this benchmark. Historically, Eight Capital Partners' own Piotroski F-Score has ranged from 2.00 to 6.00 over the past decade. While the company's 10-year median is 3.00 vs. the industry median of 5.00, Eight Capital Partners 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 Piotroski F-Score for an Asset Management company?
The median Piotroski F-Score among Asset Management companies is 5.00, based on 1,601 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. Eight Capital Partners's current Piotroski F-Score of 3 is 40% 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 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 Eight Capital Partners 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. Eight Capital Partners's current Piotroski F-Score is 3, which is near median its own 10-year median of 3.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eight Capital Partners stock overvalued right now?
Based on GuruFocus' analysis, Eight Capital Partners (AQSE:ECP) is currently considered Significantly Overvalued. The stock's GF Value™ is £0.09, compared to a current price of £0.53 — trading 483.3% above its estimated fair value. The current Piotroski F-Score is 3, which is near median its 10-year median of 3.00 and 40% below the Asset Management industry median of 5.00. Eight Capital Partners' overall GF Score™ is 40/100 with 5 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 Eight Capital Partners (AQSE:ECP), the current Piotroski F-Score is 3 as of Jul. 06, 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 Eight Capital Partners (AQSE:ECP) Overvalued in 2026?
Based on GuruFocus' analysis, Eight Capital Partners stock appears to be overvalued.
The current stock price of £0.53 is trading 483.3% above its estimated GF Value™ of £0.09.
GuruFocus considers Eight Capital Partners to be Significantly Overvalued.
Key valuation signals for AQSE:ECP:
Piotroski F-Score: 3 (near median its 10-year median of 3.00)
GF Value™: £0.09 vs. price of £0.53 (483.3% above fair value)
Industry Position: 40% below the Asset Management median (#1248 of 1601)
No single metric tells the full story. See the AQSE:ECP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Eight Capital Partners PLC is engaged in providing equity, debt, and equity-related investment capital, such as convertible loans, to growing companies that are seeking capital for growth and development, consolidation or acquisition, or as pre-IPO financing. It is focused on the opportunities to invest in the technology, media, telecoms, and financial services sectors.
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