FCO (abrdn Globalome Fund) Piotroski F-Score: 6 (As of Jun. 25, 2026) — 20% Above Median


FCO abrdn Global Income Fund Inc FCO
11 GF Score
Price $2.74
! 3 Warning Signs
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What is abrdn Globalome Fund Piotroski F-Score?

abrdn Globalome Fund FCO 11 Piotroski F-Score is 6 as of Jun. 25, 2026, which is 20% above its 10-year median of 5.00. GuruFocus rates FCO with a GF Score™ of 11/100. The stock has 3 warning signs investors should review. Among 1,601 Asset Management companies, abrdn Globalome Fund ranks better than 82.76% 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

abrdn Globalome Fund 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 abrdn Globalome Fund's Piotroski F-Score or its related term are showing as below:

FCO' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 5   Max: 8
Current: 6

During the past 13 years, the highest Piotroski F-Score of abrdn Globalome Fund was 8. The lowest was 3. And the median was 5.

abrdn Globalome Fund  (AMEX:FCO) 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.


abrdn Globalome Fund Piotroski F-Score Related Terms


abrdn Globalome Fund Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for abrdn Globalome Fund'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.

abrdn Globalome Fund Piotroski F-Score Chart

abrdn Globalome Fund Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.00 3.00 4.00 6.00 6.00

abrdn Globalome Fund Semi-Annual Data
Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25
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 4.00 0.00 6.00 0.00 6.00

FCO vs MLCI, HERZ, RMCO: Piotroski F-Score Comparison

For the Asset Management subindustry, abrdn Globalome Fund'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.


abrdn Globalome Fund Piotroski F-Score vs Asset Management Industry

For the Asset Management industry and Financial Services sector, abrdn Globalome Fund's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where abrdn Globalome Fund's Piotroski F-Score falls into.


FCO
11GF Score
abrdn Global Income Fund Inc FCO
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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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 (Oct25) TTM:Last Year (Oct24) TTM:
Net Income was $4.17 Mil.
Cash Flow from Operations was $15.75 Mil.
Revenue was $4.81 Mil.
Average Total Assets from the begining of this year (Oct24)
to the end of this year (Oct25) was (70.467 + 58.325) / 2 = $64.396 Mil.
Total Assets at the begining of this year (Oct24) was $70.47 Mil.
Long-Term Debt & Capital Lease Obligation was $16.80 Mil.
Total Assets was $58.33 Mil.
Total Liabilities was $17.48 Mil.
Net Income was $8.64 Mil.

Revenue was $9.45 Mil.
Average Total Assets from the begining of last year (Oct23)
to the end of last year (Oct24) was (71.066 + 70.467) / 2 = $70.7665 Mil.
Total Assets at the begining of last year (Oct23) was $71.07 Mil.
Long-Term Debt & Capital Lease Obligation was $22.05 Mil.
Total Assets was $70.47 Mil.
Total Liabilities was $22.73 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.

abrdn Globalome Fund's current Net Income (TTM) was 4.17. ==> 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.

abrdn Globalome Fund's current Cash Flow from Operations (TTM) was 15.75. ==> 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 (Oct24)
=4.173/70.467
=0.05921921

ROA (Last Year)=Net Income/Total Assets (Oct23)
=8.644/71.066
=0.12163341

abrdn Globalome Fund's return on assets of this year was 0.05921921. abrdn Globalome Fund's return on assets of last year was 0.12163341. ==> 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.

abrdn Globalome Fund's current Net Income (TTM) was 4.17. abrdn Globalome Fund's current Cash Flow from Operations (TTM) was 15.75. ==> 15.75 > 4.17 ==> CFROA > ROA ==> Score 1.

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: Oct25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Oct24 to Oct25
=16.8/64.396
=0.26088577

Gearing (Last Year: Oct24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Oct23 to Oct24
=22.05/70.7665
=0.31158811

abrdn Globalome Fund's gearing of this year was 0.26088577. abrdn Globalome Fund's gearing of last year was 0.31158811. ==> 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

* 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.

Current Ratio (This Year: Oct25)=Total Assets/Total Liabilities
=58.325/17.475
=3.33762518

Current Ratio (Last Year: Oct24)=Total Assets/Total Liabilities
=70.467/22.733
=3.09976686

abrdn Globalome Fund's current ratio of this year was 3.33762518. abrdn Globalome Fund's current ratio of last year was 3.09976686. ==> 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.

abrdn Globalome Fund's number of shares in issue this year was 13.042. abrdn Globalome Fund's number of shares in issue last year was 13.298. ==> 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.

* 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.

Net Margin (This Year: TTM)=Net Income/Revenue
=4.173/4.805
=0.86847034

Net Margin (Last Year: TTM)=Net Income/Revenue
=8.644/9.445
=0.91519322

abrdn Globalome Fund's net margin of this year was 0.86847034. abrdn Globalome Fund's net margin of last year was 0.91519322. ==> Last year's net 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

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Oct24)
=4.805/70.467
=0.06818795

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Oct23)
=9.445/71.066
=0.13290462

abrdn Globalome Fund's asset turnover of this year was 0.06818795. abrdn Globalome Fund's asset turnover of last year was 0.13290462. ==> Last year's asset turnover is higher ==> Score 0.

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+1+1+1+1+0+0
=6

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

abrdn Globalome Fund 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?
abrdn Globalome Fund (FCO) has a Piotroski F-Score of 6 as of Jun. 25, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on abrdn Globalome Fund and its competitors. This is 20% above median its historical median of 5.00. Over the past decade, abrdn Globalome Fund's Piotroski F-Score has ranged from 3.00 to 8.00. According to the industry distribution chart, abrdn Globalome Fund ranks #276 out of 1601 companies in the Asset Management industry, placing it in the top 17.2%.
Is abrdn Globalome Fund's Piotroski F-Score too high?
abrdn Globalome Fund'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 8.00. The Asset Management industry median Piotroski F-Score is 5.00. abrdn Globalome Fund's value of 6 is 20% above this industry median. Based on the distribution chart, abrdn Globalome Fund ranks #276 out of 1601 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, abrdn Globalome Fund has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does abrdn Globalome Fund's Piotroski F-Score compare to MLCI and HERZ?
According to the Asset Management industry distribution chart, abrdn Globalome Fund ranks #276 out of 1601 companies for Piotroski F-Score. This places abrdn Globalome Fund in the top 17% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. abrdn Globalome Fund's value of 6 is 20% above this benchmark. Historically, abrdn Globalome Fund's own Piotroski F-Score has ranged from 3.00 to 8.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, abrdn Globalome Fund 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 1,601 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. abrdn Globalome Fund'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 abrdn Globalome Fund 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. abrdn Globalome Fund'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 abrdn Globalome Fund stock overvalued right now?
abrdn Globalome Fund (FCO) has a current Piotroski F-Score of 6. 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. abrdn Globalome Fund's overall GF Score™ is 11/100 with 3 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 abrdn Globalome Fund (FCO), the current Piotroski F-Score is 6 as of Jun. 25, 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.

abrdn Globalome Fund Business Description

Address 1900 Market Street, Suite 200, Philadelphia, PA, USA, 19103
abrdn Global Income Fund Inc is a closed-end, non-diversified management investment company. The Fund's principal investment objective is to provide high current income by investing predominantly in fixed-income securities. As a secondary investment objective, the Fund seeks capital appreciation, but only when consistent with its principal investment objective. It invests in Government Bonds & Corporate Bonds, and its investments are divided into three categories: Developed Markets, Investment Grade Developing Markets, and Sub-Investment Grade Developing Markets.
11GF Score

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

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