Blackrock Floating Rate Stra FdFRA -0.46%37 Piotroski F-Score is 6 as of Jun. 24, 2026, which is 20% above its 10-year median of 5.00. GuruFocus rates FRA with a GF Score™ of 37/100 and a GF Value™ of $6.82 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,601 Asset Management companies, Blackrock Floating Rate Stra Fd 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
Blackrock Floating Rate Stra Fd 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 Blackrock Floating Rate Stra Fd's Piotroski F-Score or its related term are showing as below:
FRA'
s Piotroski F-Score Range Over the Past 10 Years
Min: 4 Med: 5 Max: 6
Current: 6
During the past 9 years, the highest Piotroski F-Score of Blackrock Floating Rate Stra Fd was 6. The lowest was 4. And the median was 5.
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.
Blackrock Floating Rate Stra Fd Piotroski F-Score Related Terms
Blackrock Floating Rate Stra Fd Piotroski F-Score Historical Data
* 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.
FRA vs BGR, NCV, SDHY: Piotroski F-Score Comparison
For the Asset Management subindustry, Blackrock Floating Rate Stra Fd'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.
Blackrock Floating Rate Stra Fd Piotroski F-Score vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Blackrock Floating Rate Stra Fd's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Blackrock Floating Rate Stra Fd'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.
Blackrock Floating Rate Stra Fd's current Net Income (TTM) was 24.41.
==> 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.
Blackrock Floating Rate Stra Fd's current Cash Flow from Operations (TTM) was 77.15.
==> 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.
Blackrock Floating Rate Stra Fd's return on assets of this year was 0.03978012. Blackrock Floating Rate Stra Fd's return on assets of last year was 0.06294021.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Blackrock Floating Rate Stra Fd's gearing of this year was 0.19933843. Blackrock Floating Rate Stra Fd's gearing of last year was 0.23162505.
==> 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.
Blackrock Floating Rate Stra Fd's current ratio of this year was 4.2543813. Blackrock Floating Rate Stra Fd's current ratio of last year was 3.87181817.
==> 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.
Blackrock Floating Rate Stra Fd's number of shares in issue this year was 34.87. Blackrock Floating Rate Stra Fd's number of shares in issue last year was 35.01.
==> 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.
Blackrock Floating Rate Stra Fd's net margin of this year was 0.98709964. Blackrock Floating Rate Stra Fd's net margin of last year was 0.98902817.
==> 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
Blackrock Floating Rate Stra Fd's asset turnover of this year was 0.0403. Blackrock Floating Rate Stra Fd's asset turnover of last year was 0.06363844.
==> 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
Blackrock Floating Rate Stra Fd has an F-score of 6 indicating the company's financial situation is typical for a stable company.
Blackrock Floating Rate Stra Fd (FRA) has a Piotroski F-Score of 6 as of Jun. 24, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Blackrock Floating Rate Stra Fd and its competitors. This is 20% above median its historical median of 5.00. Over the past decade, Blackrock Floating Rate Stra Fd's Piotroski F-Score has ranged from 4.00 to 6.00. According to the industry distribution chart, Blackrock Floating Rate Stra Fd ranks #276 out of 1601 companies in the Asset Management industry, placing it in the top 17.2%.
Is Blackrock Floating Rate Stra Fd's Piotroski F-Score too high?
Blackrock Floating Rate Stra Fd'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 4.00 to a high of 6.00. The Asset Management industry median Piotroski F-Score is 5.00. Blackrock Floating Rate Stra Fd's value of 6 is 20% above this industry median. Based on the distribution chart, Blackrock Floating Rate Stra Fd ranks #276 out of 1601 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Blackrock Floating Rate Stra Fd has a GF Score™ of 37/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Blackrock Floating Rate Stra Fd's Piotroski F-Score compare to BGR and NCV?
According to the Asset Management industry distribution chart, Blackrock Floating Rate Stra Fd ranks #276 out of 1601 companies for Piotroski F-Score. This places Blackrock Floating Rate Stra Fd in the top 17% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Blackrock Floating Rate Stra Fd's value of 6 is 20% above this benchmark. Historically, Blackrock Floating Rate Stra Fd's own Piotroski F-Score has ranged from 4.00 to 6.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Blackrock Floating Rate Stra Fd 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. Blackrock Floating Rate Stra Fd'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 Blackrock Floating Rate Stra Fd 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. Blackrock Floating Rate Stra Fd'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 Blackrock Floating Rate Stra Fd stock overvalued right now?
Based on GuruFocus' analysis, Blackrock Floating Rate Stra Fd (FRA) is currently considered Significantly Overvalued. The stock's GF Value™ is $6.82, compared to a current price of $10.84 — trading 58.9% above 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. Blackrock Floating Rate Stra Fd's overall GF Score™ is 37/100 with 6 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 Blackrock Floating Rate Stra Fd (FRA), the current Piotroski F-Score is 6 as of Jun. 24, 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 Blackrock Floating Rate Stra Fd (FRA) Overvalued in 2026?
Based on GuruFocus' analysis, Blackrock Floating Rate Stra Fd stock appears to be overvalued.
The current stock price of $10.84 is trading 58.9% above its estimated GF Value™ of $6.82.
GuruFocus considers Blackrock Floating Rate Stra Fd to be Significantly Overvalued.
Key valuation signals for FRA:
Piotroski F-Score: 6 (20% above median its 10-year median of 5.00)
GF Value™: $6.82 vs. price of $10.84 (58.9% above fair value)
Industry Position: 20% above the Asset Management median (#276 of 1601)
No single metric tells the full story. See the FRA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Blackrock Floating Rate Stra Fd Business Description
Blackrock Floating Rate Inc Stra Fd Inc is a closed-end management investment company. Its investment objective is to provide shareholders with high current income and such preservation of capital as is consistent with investment in a diversified, leveraged portfolio consisting of floating rate debt securities and instruments. The Fund seeks to achieve its investment objective by investing, under normal market conditions, at least 80% of its managed assets in floating rate debt securities, including floating or variable rate debt securities that pay interest at rates that adjust whenever a specified interest rate changes and/or which reset on predetermined dates (such as the last day of a month or calendar quarter).
37GF Score
Get the complete analysis for FRA
Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA has been successfully added to your 
