JHS (John Hancockome Securities Trust) Piotroski F-Score: 4 (As of Jun. 25, 2026) — 20% Below Median


JHS John Hancock Income Securities Trust JHS
36 GF Score
Price $10.97
! 4 Warning Signs
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What is John Hancockome Securities Trust Piotroski F-Score?

John Hancockome Securities Trust JHS +0.27% 36 Piotroski F-Score is 4 as of Jun. 25, 2026, which is 20% below its 10-year median of 5.00. GuruFocus rates JHS with a GF Score™ of 36/100. The stock has 4 warning signs investors should review. Among 1,601 Asset Management companies, John Hancockome Securities Trust ranks worse than 56.65% 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

John Hancockome Securities Trust 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 John Hancockome Securities Trust's Piotroski F-Score or its related term are showing as below:

JHS' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 5   Max: 8
Current: 4

During the past 9 years, the highest Piotroski F-Score of John Hancockome Securities Trust was 8. The lowest was 4. And the median was 5.

John Hancockome Securities Trust  (NYSE:JHS) 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.


John Hancockome Securities Trust Piotroski F-Score Related Terms


John Hancockome Securities Trust Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for John Hancockome Securities Trust'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.

John Hancockome Securities Trust Piotroski F-Score Chart

John Hancockome Securities Trust Annual Data
Trend Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only 5.00 5.00 7.00 8.00 4.00

John Hancockome Securities Trust Semi-Annual Data
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 7.00 0.00 8.00 0.00 4.00

JHS vs GNT, GRX, OXSQ: Piotroski F-Score Comparison

For the Asset Management subindustry, John Hancockome Securities Trust'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.


John Hancockome Securities Trust Piotroski F-Score vs Asset Management Industry

For the Asset Management industry and Financial Services sector, John Hancockome Securities Trust's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where John Hancockome Securities Trust's Piotroski F-Score falls into.


JHS
36GF Score
John Hancock Income Securities Trust JHS
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 $11.09 Mil.
Cash Flow from Operations was $7.19 Mil.
Revenue was $11.37 Mil.
Average Total Assets from the begining of this year (Oct24)
to the end of this year (Oct25) was (233.986 + 238.783) / 2 = $236.3845 Mil.
Total Assets at the begining of this year (Oct24) was $233.99 Mil.
Long-Term Debt & Capital Lease Obligation was $0.00 Mil.
Total Assets was $238.78 Mil.
Total Liabilities was $93.80 Mil.
Net Income was $18.91 Mil.

Revenue was $19.18 Mil.
Average Total Assets from the begining of last year (Oct23)
to the end of last year (Oct24) was (230.906 + 233.986) / 2 = $232.446 Mil.
Total Assets at the begining of last year (Oct23) was $230.91 Mil.
Long-Term Debt & Capital Lease Obligation was $0.00 Mil.
Total Assets was $233.99 Mil.
Total Liabilities was $92.87 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.

John Hancockome Securities Trust's current Net Income (TTM) was 11.09. ==> 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.

John Hancockome Securities Trust's current Cash Flow from Operations (TTM) was 7.19. ==> 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)
=11.086/233.986
=0.0473789

ROA (Last Year)=Net Income/Total Assets (Oct23)
=18.911/230.906
=0.08189913

John Hancockome Securities Trust's return on assets of this year was 0.0473789. John Hancockome Securities Trust's return on assets of last year was 0.08189913. ==> 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.

John Hancockome Securities Trust's current Net Income (TTM) was 11.09. John Hancockome Securities Trust's current Cash Flow from Operations (TTM) was 7.19. ==> 7.19 <= 11.09 ==> 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: Oct25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Oct24 to Oct25
=0/236.3845
=0

Gearing (Last Year: Oct24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Oct23 to Oct24
=0/232.446
=0

John Hancockome Securities Trust's gearing of this year was 0. John Hancockome Securities Trust'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

* 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
=238.783/93.795
=2.54579668

Current Ratio (Last Year: Oct24)=Total Assets/Total Liabilities
=233.986/92.873
=2.51941899

John Hancockome Securities Trust's current ratio of this year was 2.54579668. John Hancockome Securities Trust's current ratio of last year was 2.51941899. ==> 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.

John Hancockome Securities Trust's number of shares in issue this year was 11.669. John Hancockome Securities Trust's number of shares in issue last year was 11.602. ==> 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.

Net Margin (This Year: TTM)=Net Income/Revenue
=11.086/11.374
=0.97467909

Net Margin (Last Year: TTM)=Net Income/Revenue
=18.911/19.183
=0.98582078

John Hancockome Securities Trust's net margin of this year was 0.97467909. John Hancockome Securities Trust's net margin of last year was 0.98582078. ==> 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)
=11.374/233.986
=0.04860975

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Oct23)
=19.183/230.906
=0.0830771

John Hancockome Securities Trust's asset turnover of this year was 0.04860975. John Hancockome Securities Trust's asset turnover of last year was 0.0830771. ==> 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+0+1+1+0+0+0
=4

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

John Hancockome Securities Trust has an F-score of 4 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 4 mean?
John Hancockome Securities Trust (JHS) has a Piotroski F-Score of 4 as of Jun. 25, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on John Hancockome Securities Trust and its competitors. This is 20% below median its historical median of 5.00. Over the past decade, John Hancockome Securities Trust's Piotroski F-Score has ranged from 4.00 to 8.00. According to the industry distribution chart, John Hancockome Securities Trust ranks #907 out of 1601 companies in the Asset Management industry, placing it in the top 56.7%.
Is John Hancockome Securities Trust's Piotroski F-Score too high?
John Hancockome Securities Trust's current Piotroski F-Score of 4 is 20% below 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 8.00. The Asset Management industry median Piotroski F-Score is 5.00. John Hancockome Securities Trust's value of 4 is 20% below this industry median. Based on the distribution chart, John Hancockome Securities Trust ranks #907 out of 1601 companies in the Asset Management industry, which is below the industry midpoint. Overall, John Hancockome Securities Trust has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does John Hancockome Securities Trust's Piotroski F-Score compare to GNT and GRX?
According to the Asset Management industry distribution chart, John Hancockome Securities Trust ranks #907 out of 1601 companies for Piotroski F-Score. This places John Hancockome Securities Trust in the lower half of its industry. The industry median Piotroski F-Score is 5.00. John Hancockome Securities Trust's value of 4 is 20% below this benchmark. Historically, John Hancockome Securities Trust's own Piotroski F-Score has ranged from 4.00 to 8.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, John Hancockome Securities Trust 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. John Hancockome Securities Trust's current Piotroski F-Score of 4 is 20% 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 John Hancockome Securities Trust 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. John Hancockome Securities Trust's current Piotroski F-Score is 4, which is 20% below 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 John Hancockome Securities Trust stock overvalued right now?
John Hancockome Securities Trust (JHS) has a current Piotroski F-Score of 4. The current Piotroski F-Score is 4, which is 20% below median its 10-year median of 5.00 and 20% below the Asset Management industry median of 5.00. John Hancockome Securities Trust's overall GF Score™ is 36/100 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 John Hancockome Securities Trust (JHS), the current Piotroski F-Score is 4 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.

John Hancockome Securities Trust Business Description

Address 200 Berkeley Street, Boston, MA, USA, 02116
John Hancock Income Securities Trust is a United States-based closed-end diversified management investment company. Its main objective is to generate a high level of current income consistent with prudent investment risk. The fund invests its net assets (plus borrowings for investment purposes) in income securities, consisting of marketable corporate debt securities, governmental obligations, and cash and commercial paper. A majority of its net assets are invested in debt securities that are rated, at the time of acquisition, investment-grade or in unrated securities determined by the Fund's investment advisor or subadvisor to be of comparable credit quality.
36GF Score

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