Aberdeen Asianome Fund (LSE:AAIF) Piotroski F-Score: 8 (As of Jun. 27, 2026) — 33% Above Median


LSE:AAIF Aberdeen Asian Income Fund Ltd LSE:AAIF
42 GF Score
Price £3.33
GF Value £10.28
Valuation Possible Value Trap
! 5 Warning Signs
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What is Aberdeen Asianome Fund Piotroski F-Score?

Aberdeen Asianome Fund LSE:AAIF -1.19% 42 Piotroski F-Score is 8 as of Jun. 27, 2026, which is 33% above its 10-year median of 6.00. GuruFocus rates LSE:AAIF with a GF Score™ of 42/100 and a GF Value™ of £10.28 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,597 Asset Management companies, Aberdeen Asianome Fund ranks better than 99.25% on this metric.

Good Sign:

Piotroski F-Score is 8, indicates a very healthy situation.

The zones of discrimination were as such:

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

Aberdeen Asianome Fund has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.

The historical rank and industry rank for Aberdeen Asianome Fund's Piotroski F-Score or its related term are showing as below:

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

During the past 13 years, the highest Piotroski F-Score of Aberdeen Asianome Fund was 8. The lowest was 3. And the median was 6.

Aberdeen Asianome Fund  (LSE:AAIF) 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.


Aberdeen Asianome Fund Piotroski F-Score Related Terms


Aberdeen Asianome Fund Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Aberdeen Asianome 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.

Aberdeen Asianome Fund Piotroski F-Score Chart

Aberdeen Asianome Fund Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.00 6.00 8.00 6.00 8.00

Aberdeen Asianome Fund Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 8.00 0.00 6.00 0.00 8.00

LSE:AAIF vs BLK, BX, KKR: Piotroski F-Score Comparison

For the Asset Management subindustry, Aberdeen Asianome 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.


Aberdeen Asianome Fund Piotroski F-Score vs Asset Management Industry

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

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


LSE:AAIF
42GF Score
Aberdeen Asian Income Fund Ltd LSE:AAIF
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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 (Dec25) TTM:Last Year (Dec24) TTM:
Net Income was £73.96 Mil.
Cash Flow from Operations was £16.35 Mil.
Revenue was £76.34 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was (416.811 + 446.41) / 2 = £431.6105 Mil.
Total Assets at the begining of this year (Dec24) was £416.81 Mil.
Long-Term Debt & Capital Lease Obligation was £31.40 Mil.
Total Assets was £446.41 Mil.
Total Liabilities was £39.45 Mil.
Net Income was £34.21 Mil.

Revenue was £37.57 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was (434.109 + 416.811) / 2 = £425.46 Mil.
Total Assets at the begining of last year (Dec23) was £434.11 Mil.
Long-Term Debt & Capital Lease Obligation was £32.42 Mil.
Total Assets was £416.81 Mil.
Total Liabilities was £38.92 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.

Aberdeen Asianome Fund's current Net Income (TTM) was 73.96. ==> 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.

Aberdeen Asianome Fund's current Cash Flow from Operations (TTM) was 16.35. ==> 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 (Dec24)
=73.964/416.811
=0.17745213

ROA (Last Year)=Net Income/Total Assets (Dec23)
=34.212/434.109
=0.0788097

Aberdeen Asianome Fund's return on assets of this year was 0.17745213. Aberdeen Asianome Fund's return on assets of last year was 0.0788097. ==> This year is higher. ==> Score 1.

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.

Aberdeen Asianome Fund's current Net Income (TTM) was 73.96. Aberdeen Asianome Fund's current Cash Flow from Operations (TTM) was 16.35. ==> 16.35 <= 73.96 ==> 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: Dec25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec24 to Dec25
=31.4/431.6105
=0.07275078

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=32.422/425.46
=0.07620458

Aberdeen Asianome Fund's gearing of this year was 0.07275078. Aberdeen Asianome Fund's gearing of last year was 0.07620458. ==> 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: Dec25)=Total Assets/Total Liabilities
=446.41/39.446
=11.31699032

Current Ratio (Last Year: Dec24)=Total Assets/Total Liabilities
=416.811/38.916
=10.71053037

Aberdeen Asianome Fund's current ratio of this year was 11.31699032. Aberdeen Asianome Fund's current ratio of last year was 10.71053037. ==> 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.

Aberdeen Asianome Fund's number of shares in issue this year was 145.161. Aberdeen Asianome Fund's number of shares in issue last year was 159.233. ==> 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
=73.964/76.34
=0.96887608

Net Margin (Last Year: TTM)=Net Income/Revenue
=34.212/37.57
=0.91062018

Aberdeen Asianome Fund's net margin of this year was 0.96887608. Aberdeen Asianome Fund's net margin of last year was 0.91062018. ==> 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

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Dec24)
=76.34/416.811
=0.18315256

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=37.57/434.109
=0.08654508

Aberdeen Asianome Fund's asset turnover of this year was 0.18315256. Aberdeen Asianome Fund's asset turnover of last year was 0.08654508. ==> This year's asset turnover is higher. ==> Score 1.

Evaluation

Piotroski F-Score= Que. 1+ Que. 2+ Que. 3+Que. 4+Que. 5+Que. 6+Que. 7+Que. 8+Que. 9
=1+1+1+0+1+1+1+1+1
=8

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

Aberdeen Asianome Fund has an F-score of 8. It is a good or high score, which usually indicates a very healthy situation.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 8 mean?
Aberdeen Asianome Fund (LSE:AAIF) has a Piotroski F-Score of 8 as of Jun. 27, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Aberdeen Asianome Fund and its competitors. This is 33% above median its historical median of 6.00. Over the past decade, Aberdeen Asianome Fund's Piotroski F-Score has ranged from 3.00 to 8.00. According to the industry distribution chart, Aberdeen Asianome Fund ranks #12 out of 1597 companies in the Asset Management industry, placing it in the top 0.8%.
Is Aberdeen Asianome Fund's Piotroski F-Score too high?
Aberdeen Asianome Fund's current Piotroski F-Score of 8 is 33% above median its 10-year median of 6.00. 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. Aberdeen Asianome Fund's value of 8 is 60% above this industry median. Based on the distribution chart, Aberdeen Asianome Fund ranks #12 out of 1597 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Aberdeen Asianome Fund has a GF Score™ of 42/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Aberdeen Asianome Fund's Piotroski F-Score compare to BLK and BX?
According to the Asset Management industry distribution chart, Aberdeen Asianome Fund ranks #12 out of 1597 companies for Piotroski F-Score. This places Aberdeen Asianome Fund in the top 1% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Aberdeen Asianome Fund's value of 8 is 60% above this benchmark. Historically, Aberdeen Asianome 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 6.00 vs. the industry median of 5.00, Aberdeen Asianome 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 1,597 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. Aberdeen Asianome Fund's current Piotroski F-Score of 8 is 60% 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 Aberdeen Asianome 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. Aberdeen Asianome Fund's current Piotroski F-Score is 8, which is 33% above median its own 10-year median of 6.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aberdeen Asianome Fund stock overvalued right now?
Based on GuruFocus' analysis, Aberdeen Asianome Fund (LSE:AAIF) is currently considered Possible Value Trap. The stock's GF Value™ is £10.28, compared to a current price of £3.33 — trading 67.6% below its estimated fair value. The current Piotroski F-Score is 8, which is 33% above median its 10-year median of 6.00 and 60% above the Asset Management industry median of 5.00. Aberdeen Asianome Fund's overall GF Score™ is 42/100 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 Aberdeen Asianome Fund (LSE:AAIF), the current Piotroski F-Score is 8 as of Jun. 27, 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 Aberdeen Asianome Fund (LSE:AAIF) Overvalued in 2026?

Based on GuruFocus' analysis, Aberdeen Asianome Fund stock appears to be undervalued. The current stock price of £3.33 is trading 67.6% below its estimated GF Value™ of £10.28. GuruFocus considers Aberdeen Asianome Fund to be Possible Value Trap.

Key valuation signals for LSE:AAIF:

  • Piotroski F-Score: 8 (33% above median its 10-year median of 6.00)
  • GF Value™: £10.28 vs. price of £3.33 (67.6% below fair value)
  • GF Score™: 42/100 with 5 warning signs
  • Industry Position: 60% above the Asset Management median (#12 of 1597)

No single metric tells the full story. See the LSE:AAIF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Aberdeen Asianome Fund Business Description

Address 28 Esplanade, Saint Helier, JEY, JE2 3QA
Aberdeen Asian Income Fund Ltd is a closed-end investment company. The fund aims to provide investors with a consistent income and capital growth by investing in a diversified portfolio of high-quality equities across the Asia-Pacific region. The company is organised into one main operating segment, which invests in equity securities.
42GF Score

Get the complete analysis for LSE:AAIF

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

£3.33
Price
£10.28
GF Value