Brown Advisory US SmallerLSE:BASC +2.30%33 Piotroski F-Score is 5 as of Jun. 24, 2026, which is at its 10-year median of 5.00. GuruFocus rates LSE:BASC with a GF Score™ of 33/100. The stock has 2 warning signs investors should review. Among 1,601 Asset Management companies, Brown Advisory US Smaller ranks better than 65.08% 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
Brown Advisory US Smaller has an F-score of 5 indicating the company's financial situation is typical for a stable company.
The historical rank and industry rank for Brown Advisory US Smaller's Piotroski F-Score or its related term are showing as below:
LSE:BASC'
s Piotroski F-Score Range Over the Past 10 Years
Min: 2 Med: 5 Max: 6
Current: 5
During the past 13 years, the highest Piotroski F-Score of Brown Advisory US Smaller was 6. The lowest was 2. And the median was 5.
Brown Advisory US Smaller (LSE:BASC) 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.
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.
Brown Advisory US Smaller Piotroski F-Score Related Terms
Brown Advisory US Smaller 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.
LSE:BASC vs BLK, BX, KKR: Piotroski F-Score Comparison
For the Asset Management subindustry, Brown Advisory US Smaller'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.
Brown Advisory US Smaller Piotroski F-Score vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Brown Advisory US Smaller's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Brown Advisory US Smaller'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.
Brown Advisory US Smaller's current Net Income (TTM) was -6.76.
==> Negative ==> Score 0.
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.
Brown Advisory US Smaller's current Cash Flow from Operations (TTM) was -0.69.
==> Negative ==> Score 0.
Question 3. Change in Return on Assets
Compare this year's return on assets (1) to last year's return on assets.
Brown Advisory US Smaller's return on assets of this year was -0.03848605. Brown Advisory US Smaller's return on assets of last year was 0.0267762.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Brown Advisory US Smaller's gearing of this year was 0. Brown Advisory US Smaller'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.
Brown Advisory US Smaller's current ratio of this year was 351.6416309. Brown Advisory US Smaller's current ratio of last year was 148.66835871.
==> 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.
Brown Advisory US Smaller's number of shares in issue this year was 11.729. Brown Advisory US Smaller's number of shares in issue last year was 11.918.
==> 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.
Brown Advisory US Smaller's net margin of this year was 1.12286236. Brown Advisory US Smaller's net margin of last year was 0.8668427.
==> 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
Brown Advisory US Smaller's asset turnover of this year was -0.03427495. Brown Advisory US Smaller's asset turnover of last year was 0.03088934.
==> 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
=
0
+
0
+
0
+
1
+
1
+
1
+
1
+
1
+
0
=
5
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Brown Advisory US Smaller has an F-score of 5 indicating the company's financial situation is typical for a stable company.
Brown Advisory US Smaller (LSE:BASC) has a Piotroski F-Score of 5 as of Jun. 24, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Brown Advisory US Smaller and its competitors. This is near median its historical median of 5.00. Over the past decade, Brown Advisory US Smaller's Piotroski F-Score has ranged from 2.00 to 6.00. According to the industry distribution chart, Brown Advisory US Smaller ranks #559 out of 1601 companies in the Asset Management industry, placing it in the top 34.9%.
Is Brown Advisory US Smaller's Piotroski F-Score too high?
Brown Advisory US Smaller's current Piotroski F-Score of 5 is near median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 6.00. The Asset Management industry median Piotroski F-Score is 5.00. Brown Advisory US Smaller's value of 5 is 0% at this industry median. Based on the distribution chart, Brown Advisory US Smaller ranks #559 out of 1601 companies in the Asset Management industry, which is above the industry midpoint. Overall, Brown Advisory US Smaller has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Brown Advisory US Smaller's Piotroski F-Score compare to BLK and BX?
According to the Asset Management industry distribution chart, Brown Advisory US Smaller ranks #559 out of 1601 companies for Piotroski F-Score. This puts Brown Advisory US Smaller in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Brown Advisory US Smaller's value of 5 is 0% at this benchmark. Historically, Brown Advisory US Smaller's own Piotroski F-Score has ranged from 2.00 to 6.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Brown Advisory US Smaller has consistently been at 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. Brown Advisory US Smaller's current Piotroski F-Score of 5 is 0% at 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 Brown Advisory US Smaller 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. Brown Advisory US Smaller's current Piotroski F-Score is 5, which is near 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 Brown Advisory US Smaller stock overvalued right now?
Brown Advisory US Smaller (LSE:BASC) has a current Piotroski F-Score of 5. The current Piotroski F-Score is 5, which is near median its 10-year median of 5.00 and 0% at the Asset Management industry median of 5.00. Brown Advisory US Smaller's overall GF Score™ is 33/100 with 2 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 Brown Advisory US Smaller (LSE:BASC), the current Piotroski F-Score is 5 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.
Brown Advisory US Smaller Companies PLC is an investment trust. The company's main business is portfolio investment. Its investment objective is to achieve long-term capital growth by investing in a diversified portfolio of quoted U.S. smaller and medium-sized companies. The company's investing approach is long-term quality companies with limited downside risk. It focuses on capital preservation and a risk-averse approach. The company invests in consumer discretionary, consumer staples, energy, financial services, healthcare, materials and processing, producer durables, technology, and utilities sectors.
33GF Score
Get the complete analysis for LSE:BASC
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
LSE:BASC has been successfully added to your 
