Law Debenture (The)CHIX:LWDBL +0.50%37 Piotroski F-Score is 6 as of Jun. 26, 2026, which is 20% above its 10-year median of 5.00. GuruFocus rates CHIX:LWDBL with a GF Score™ of 37/100 and a GF Value™ of £19.86 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,597 Asset Management companies, Law Debenture (The) ranks better than 82.72% 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
Law Debenture (The) 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 Law Debenture (The)'s Piotroski F-Score or its related term are showing as below:
CHIX:LWDBl'
s Piotroski F-Score Range Over the Past 10 Years
Min: 3 Med: 5 Max: 7
Current: 6
During the past 13 years, the highest Piotroski F-Score of Law Debenture (The) was 7. The lowest was 3. And the median was 5.
Law Debenture (The) (CHIX:LWDBl) 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.
Law Debenture (The) Piotroski F-Score Related Terms
Law Debenture (The) Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Law Debenture (The)'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.
CHIX:LWDBL vs BLK, BX, KKR: Piotroski F-Score Comparison
For the Asset Management subindustry, Law Debenture (The)'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.
Law Debenture (The) Piotroski F-Score vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Law Debenture (The)'s Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Law Debenture (The)'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.
Law Debenture (The)'s current Net Income (TTM) was 304.7.
==> 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.
Law Debenture (The)'s return on assets of this year was 0.27065611. Law Debenture (The)'s return on assets of last year was 0.09123572.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Law Debenture (The)'s gearing of this year was 0.16968847. Law Debenture (The)'s gearing of last year was 0.1545262.
==> Last year is lower than this year ==> Score 0.
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
* Note that for banks and insurance companies, there's no Total Current Assets and Total Current Liabilities reported. Thus, we use Total Assets and Total Liabilities to calculate current ratio for banks and insurance companies.
Law Debenture (The)'s current ratio of this year was 5.93653134. Law Debenture (The)'s current ratio of last year was 5.79344419.
==> This year's current ratio is higher. ==> Score 1.
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.
Law Debenture (The)'s number of shares in issue this year was 132.756. Law Debenture (The)'s number of shares in issue last year was 131.045.
==> There is larger number of shares in issue this year. ==> Score 0.
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.
* Note that for banks and insurance companies, there's no Gross Profit reported. Thus, we use net income instead of gross profit and calculate Net Margin for this score.
Law Debenture (The)'s net margin of this year was 0.83242487. Law Debenture (The)'s net margin of last year was 0.57588267.
==> This year's net 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
Law Debenture (The)'s asset turnover of this year was 0.32514178. Law Debenture (The)'s asset turnover of last year was 0.15842762.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
Piotroski F-Score
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6
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Law Debenture (The) has an F-score of 6 indicating the company's financial situation is typical for a stable company.
Law Debenture (The) (CHIX:LWDBL) has a Piotroski F-Score of 6 as of Jun. 26, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Law Debenture (The) and its competitors. This is 20% above median its historical median of 5.00. Over the past decade, Law Debenture (The)'s Piotroski F-Score has ranged from 3.00 to 7.00. According to the industry distribution chart, Law Debenture (The) ranks #276 out of 1597 companies in the Asset Management industry, placing it in the top 17.3%.
Is Law Debenture (The)'s Piotroski F-Score too high?
Law Debenture (The)'s current Piotroski F-Score of 6 is 20% above median its 10-year median of 5.00. 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. Law Debenture (The)'s value of 6 is 20% above this industry median. Based on the distribution chart, Law Debenture (The) ranks #276 out of 1597 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Law Debenture (The) has a GF Score™ of 37/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Law Debenture (The)'s Piotroski F-Score compare to BLK and BX?
According to the Asset Management industry distribution chart, Law Debenture (The) ranks #276 out of 1597 companies for Piotroski F-Score. This places Law Debenture (The) in the top 17% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Law Debenture (The)'s value of 6 is 20% above this benchmark. Historically, Law Debenture (The)'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 5.00 vs. the industry median of 5.00, Law Debenture (The) 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 1,597 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. Law Debenture (The)'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 Law Debenture (The) 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. Law Debenture (The)'s current Piotroski F-Score is 6, which is 20% above median its own 10-year median of 5.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Law Debenture (The) stock overvalued right now?
Based on GuruFocus' analysis, Law Debenture (The) (CHIX:LWDBL) is currently considered Possible Value Trap. The stock's GF Value™ is £19.86, compared to a current price of £12.04 — trading 39.4% below its estimated fair value. The current Piotroski F-Score is 6, which is 20% above median its 10-year median of 5.00 and 20% above the Asset Management industry median of 5.00. Law Debenture (The)'s overall GF Score™ is 37/100 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 Law Debenture (The) (CHIX:LWDBL), the current Piotroski F-Score is 6 as of Jun. 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.
Is Law Debenture (The) (CHIX:LWDBL) Overvalued in 2026?
Based on GuruFocus' analysis, Law Debenture (The) stock appears to be undervalued.
The current stock price of £12.04 is trading 39.4% below its estimated GF Value™ of £19.86.
GuruFocus considers Law Debenture (The) to be Possible Value Trap.
Key valuation signals for CHIX:LWDBL:
Piotroski F-Score: 6 (20% above median its 10-year median of 5.00)
GF Value™: £19.86 vs. price of £12.04 (39.4% below fair value)
Industry Position: 20% above the Asset Management median (#276 of 1597)
No single metric tells the full story. See the CHIX:LWDBL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Law Debenture Corp (The) PLC is a UK-based investment trust. The company's main investment objectives are to achieve long-term capital growth in real terms and steadily increase income. It holds a diversified portfolio of investments including various sectors such as Oil and Gas, Basic Materials, Consumer goods, Financials, and Technology across the globe. The company has two reportable segments namely Investment portfolio and Independent professional services. The company generates maximum revenue from the Investment portfolio segment. he group has a presence in the United Kingdom, North America, Europe, Japan, and other countries.
37GF Score
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