Alternativeome REIT (LSE:AIRE) Piotroski F-Score: 8 (As of Jun. 25, 2026) — 14% Above Median


LSE:AIRE Alternative Income REIT PLC LSE:AIRE
43 GF Score
Price £0.69
GF Value £1.37
Valuation Possible Value Trap
! 5 Warning Signs
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What is Alternativeome REIT Piotroski F-Score?

Alternativeome REIT LSE:AIRE 43 Piotroski F-Score is 8 as of Jun. 25, 2026, which is 14% above its 10-year median of 7.00. GuruFocus rates LSE:AIRE with a GF Score™ of 43/100 and a GF Value™ of £1.37 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 888 REITs companies, Alternativeome REIT ranks better than 98.42% 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

Alternativeome REIT 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 Alternativeome REIT's Piotroski F-Score or its related term are showing as below:

LSE:AIRE' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 7   Max: 8
Current: 8

During the past 8 years, the highest Piotroski F-Score of Alternativeome REIT was 8. The lowest was 4. And the median was 7.

Alternativeome REIT  (LSE:AIRE) 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.


Alternativeome REIT Piotroski F-Score Related Terms


Alternativeome REIT Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Alternativeome REIT'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.

Alternativeome REIT Piotroski F-Score Chart

Alternativeome REIT Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Piotroski F-Score
Get a 7-Day Free Trial 7.00 8.00 4.00 6.00 8.00

Alternativeome REIT Semi-Annual Data
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 0.00 6.00 0.00 8.00 0.00

LSE:AIRE vs VICI, WPC: Piotroski F-Score Comparison

For the REIT - Diversified subindustry, Alternativeome REIT'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.


Alternativeome REIT Piotroski F-Score vs REITs Industry

For the REITs industry and Real Estate sector, Alternativeome REIT's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Alternativeome REIT's Piotroski F-Score falls into.


LSE:AIRE
43GF Score
Alternative Income REIT PLC LSE:AIRE
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 (Jun25) TTM:Last Year (Jun24) TTM:
Net Income was £7.26 Mil.
Cash Flow from Operations was £8.94 Mil.
Revenue was £8.09 Mil.
Average Total Assets from the begining of this year (Jun24)
to the end of this year (Jun25) was (108.839 + 111.161) / 2 = £110 Mil.
Total Assets at the begining of this year (Jun24) was £108.84 Mil.
Long-Term Debt & Capital Lease Obligation was £40.96 Mil.
Total Assets was £111.16 Mil.
Total Liabilities was £43.83 Mil.
Net Income was £2.36 Mil.

Revenue was £3.17 Mil.
Average Total Assets from the begining of last year (Jun23)
to the end of last year (Jun24) was (111.524 + 108.839) / 2 = £110.1815 Mil.
Total Assets at the begining of last year (Jun23) was £111.52 Mil.
Long-Term Debt & Capital Lease Obligation was £40.83 Mil.
Total Assets was £108.84 Mil.
Total Liabilities was £43.72 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.

Alternativeome REIT's current Net Income (TTM) was 7.26. ==> 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.

Alternativeome REIT's current Cash Flow from Operations (TTM) was 8.94. ==> 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 (Jun24)
=7.258/108.839
=0.06668565

ROA (Last Year)=Net Income/Total Assets (Jun23)
=2.357/111.524
=0.02113446

Alternativeome REIT's return on assets of this year was 0.06668565. Alternativeome REIT's return on assets of last year was 0.02113446. ==> 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.

Alternativeome REIT's current Net Income (TTM) was 7.26. Alternativeome REIT's current Cash Flow from Operations (TTM) was 8.94. ==> 8.94 > 7.26 ==> 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: Jun25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun24 to Jun25
=40.956/110
=0.37232727

Gearing (Last Year: Jun24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun23 to Jun24
=40.828/110.1815
=0.37055223

Alternativeome REIT's gearing of this year was 0.37232727. Alternativeome REIT's gearing of last year was 0.37055223. ==> 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.

Current Ratio (This Year: Jun25)=Total Assets/Total Liabilities
=111.161/43.834
=2.53595383

Current Ratio (Last Year: Jun24)=Total Assets/Total Liabilities
=108.839/43.718
=2.48956951

Alternativeome REIT's current ratio of this year was 2.53595383. Alternativeome REIT's current ratio of last year was 2.48956951. ==> 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.

Alternativeome REIT's number of shares in issue this year was 80.5. Alternativeome REIT's number of shares in issue last year was 80.5. ==> 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
=7.258/8.092
=0.89693524

Net Margin (Last Year: TTM)=Net Income/Revenue
=2.357/3.171
=0.74329864

Alternativeome REIT's net margin of this year was 0.89693524. Alternativeome REIT's net margin of last year was 0.74329864. ==> 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 (Jun24)
=8.092/108.839
=0.07434835

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Jun23)
=3.171/111.524
=0.02843334

Alternativeome REIT's asset turnover of this year was 0.07434835. Alternativeome REIT's asset turnover of last year was 0.02843334. ==> 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+1+0+1+1+1+1
=8

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

Alternativeome REIT 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?
Alternativeome REIT (LSE:AIRE) has a Piotroski F-Score of 8 as of Jun. 25, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Alternativeome REIT and its competitors. This is 14% above median its historical median of 7.00. Over the past decade, Alternativeome REIT's Piotroski F-Score has ranged from 4.00 to 8.00. According to the industry distribution chart, Alternativeome REIT ranks #14 out of 888 companies in the REITs industry, placing it in the top 1.6%.
Is Alternativeome REIT's Piotroski F-Score too high?
Alternativeome REIT's current Piotroski F-Score of 8 is 14% above median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 8.00. The REITs industry median Piotroski F-Score is 6.00. Alternativeome REIT's value of 8 is 33.3% above this industry median. Based on the distribution chart, Alternativeome REIT ranks #14 out of 888 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Alternativeome REIT has a GF Score™ of 43/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Alternativeome REIT's Piotroski F-Score compare to VICI and WPC?
According to the REITs industry distribution chart, Alternativeome REIT ranks #14 out of 888 companies for Piotroski F-Score. This places Alternativeome REIT in the top 2% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 6.00. Alternativeome REIT's value of 8 is 33.3% above this benchmark. Historically, Alternativeome REIT'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 7.00 vs. the industry median of 6.00, Alternativeome REIT 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 a REITs company?
The median Piotroski F-Score among REITs companies is 6.00, based on 888 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. Alternativeome REIT's current Piotroski F-Score of 8 is 33.3% 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 Alternativeome REIT and its competitors. For the REITs industry, the median Piotroski F-Score is 6.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alternativeome REIT's current Piotroski F-Score is 8, which is 14% above median its own 10-year median of 7.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alternativeome REIT stock overvalued right now?
Based on GuruFocus' analysis, Alternativeome REIT (LSE:AIRE) is currently considered Possible Value Trap. The stock's GF Value™ is £1.37, compared to a current price of £0.69 — trading 49.5% below its estimated fair value. The current Piotroski F-Score is 8, which is 14% above median its 10-year median of 7.00 and 33.3% above the REITs industry median of 6.00. Alternativeome REIT's overall GF Score™ is 43/100 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 Alternativeome REIT (LSE:AIRE), the current Piotroski F-Score is 8 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.

Is Alternativeome REIT (LSE:AIRE) Overvalued in 2026?

Based on GuruFocus' analysis, Alternativeome REIT stock appears to be undervalued. The current stock price of £0.69 is trading 49.5% below its estimated GF Value™ of £1.37. GuruFocus considers Alternativeome REIT to be Possible Value Trap.

Key valuation signals for LSE:AIRE:

  • Piotroski F-Score: 8 (14% above median its 10-year median of 7.00)
  • GF Value™: £1.37 vs. price of £0.69 (49.5% below fair value)
  • GF Score™: 43/100 with 5 warning signs
  • Industry Position: 33.3% above the REITs median (#14 of 888)

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


Alternativeome REIT Business Description

Industry Real EstateREITs
Address 52 Lime Street, The Scalpel 18th Floor, London, GBR, EC3M 7AF
Alternative Income REIT PLC is a United Kingdom-based real estate investment trust focused on generating secure, diversified, and inflation-linked income returns while maintaining capital values through investments in UK properties. Its portfolio concentrates on alternative and specialist real estate sectors such as leisure, hotels, healthcare, education, logistics, automotive, supported living, and student accommodation. The company acquires freehold and long leasehold properties across the UK, emphasizing long leases and inflation-linked rent reviews to ensure income stability. Revenue is generated through rental income from a broad range of commercial properties with long-term leases to various tenants, supporting steady cash flow from its diversified portfolio.
43GF Score

Get the complete analysis for LSE:AIRE

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

£0.69
Price
£1.37
GF Value