Baillie Gifford UK Growth Trust (LSE:BGUK) Piotroski F-Score: 7 (As of Jul. 08, 2026) — 17% Above Median


LSE:BGUK Baillie Gifford UK Growth Trust PLC LSE:BGUK
52 GF Score
Price £2.15
GF Value £24.32
Valuation Possible Value Trap
! 5 Warning Signs
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What is Baillie Gifford UK Growth Trust Piotroski F-Score?

Baillie Gifford UK Growth Trust LSE:BGUK -0.92% 52 Piotroski F-Score is 7 as of Jul. 08, 2026, which is 17% above its 10-year median of 6.00. GuruFocus rates LSE:BGUK with a GF Score™ of 52/100 and a GF Value™ of £24.32 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,600 Asset Management companies, Baillie Gifford UK Growth Trust ranks better than 92.69% on this metric.

Good Sign:

Piotroski F-Score is 7, 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

Baillie Gifford UK Growth Trust has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

The historical rank and industry rank for Baillie Gifford UK Growth Trust's Piotroski F-Score or its related term are showing as below:

LSE:BGUK' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 6   Max: 7
Current: 7

During the past 13 years, the highest Piotroski F-Score of Baillie Gifford UK Growth Trust was 7. The lowest was 3. And the median was 6.

Baillie Gifford UK Growth Trust  (LSE:BGUK) 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.


Baillie Gifford UK Growth Trust Piotroski F-Score Related Terms


Baillie Gifford UK Growth Trust Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Baillie Gifford UK Growth 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.

Baillie Gifford UK Growth Trust Piotroski F-Score Chart

Baillie Gifford UK Growth Trust Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.00 6.00 4.00 6.00 7.00

Baillie Gifford UK Growth Trust Semi-Annual Data
Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
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 4.00 0.00 6.00 0.00 7.00

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

For the Asset Management subindustry, Baillie Gifford UK Growth 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.


Baillie Gifford UK Growth Trust Piotroski F-Score vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Baillie Gifford UK Growth Trust's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Baillie Gifford UK Growth Trust's Piotroski F-Score falls into.


LSE:BGUK
52GF Score
Baillie Gifford UK Growth Trust PLC LSE:BGUK
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 (Apr26) TTM:Last Year (Apr25) TTM:
Net Income was £34.74 Mil.
Cash Flow from Operations was £5.29 Mil.
Revenue was £35.41 Mil.
Average Total Assets from the begining of this year (Apr25)
to the end of this year (Apr26) was (285.556 + 270.792) / 2 = £278.174 Mil.
Total Assets at the begining of this year (Apr25) was £285.56 Mil.
Long-Term Debt & Capital Lease Obligation was £0.00 Mil.
Total Assets was £270.79 Mil.
Total Liabilities was £25.21 Mil.
Net Income was £16.90 Mil.

Revenue was £17.50 Mil.
Average Total Assets from the begining of last year (Apr24)
to the end of last year (Apr25) was (300.749 + 285.556) / 2 = £293.1525 Mil.
Total Assets at the begining of last year (Apr24) was £300.75 Mil.
Long-Term Debt & Capital Lease Obligation was £24.35 Mil.
Total Assets was £285.56 Mil.
Total Liabilities was £25.47 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.

Baillie Gifford UK Growth Trust's current Net Income (TTM) was 34.74. ==> 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.

Baillie Gifford UK Growth Trust's current Cash Flow from Operations (TTM) was 5.29. ==> 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 (Apr25)
=34.737/285.556
=0.12164689

ROA (Last Year)=Net Income/Total Assets (Apr24)
=16.903/300.749
=0.05620301

Baillie Gifford UK Growth Trust's return on assets of this year was 0.12164689. Baillie Gifford UK Growth Trust's return on assets of last year was 0.05620301. ==> 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.

Baillie Gifford UK Growth Trust's current Net Income (TTM) was 34.74. Baillie Gifford UK Growth Trust's current Cash Flow from Operations (TTM) was 5.29. ==> 5.29 <= 34.74 ==> 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: Apr26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Apr25 to Apr26
=0/278.174
=0

Gearing (Last Year: Apr25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Apr24 to Apr25
=24.35/293.1525
=0.08306257

Baillie Gifford UK Growth Trust's gearing of this year was 0. Baillie Gifford UK Growth Trust's gearing of last year was 0.08306257. ==> 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: Apr26)=Total Assets/Total Liabilities
=270.792/25.207
=10.74273019

Current Ratio (Last Year: Apr25)=Total Assets/Total Liabilities
=285.556/25.468
=11.2123449

Baillie Gifford UK Growth Trust's current ratio of this year was 10.74273019. Baillie Gifford UK Growth Trust's current ratio of last year was 11.2123449. ==> Last year's current ratio is higher ==> Score 0.

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.

Baillie Gifford UK Growth Trust's number of shares in issue this year was 119.294. Baillie Gifford UK Growth Trust's number of shares in issue last year was 140.341. ==> 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
=34.737/35.414
=0.98088327

Net Margin (Last Year: TTM)=Net Income/Revenue
=16.903/17.501
=0.96583052

Baillie Gifford UK Growth Trust's net margin of this year was 0.98088327. Baillie Gifford UK Growth Trust's net margin of last year was 0.96583052. ==> 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 (Apr25)
=35.414/285.556
=0.12401771

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Apr24)
=17.501/300.749
=0.05819138

Baillie Gifford UK Growth Trust's asset turnover of this year was 0.12401771. Baillie Gifford UK Growth Trust's asset turnover of last year was 0.05819138. ==> 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+0+1+1+1
=7

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

Baillie Gifford UK Growth Trust has an F-score of 7. 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 7 mean?
Baillie Gifford UK Growth Trust (LSE:BGUK) has a Piotroski F-Score of 7 as of Jul. 08, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Baillie Gifford UK Growth Trust and its competitors. This is 17% above median its historical median of 6.00. Over the past decade, Baillie Gifford UK Growth Trust's Piotroski F-Score has ranged from 3.00 to 7.00. According to the industry distribution chart, Baillie Gifford UK Growth Trust ranks #117 out of 1600 companies in the Asset Management industry, placing it in the top 7.3%.
Is Baillie Gifford UK Growth Trust's Piotroski F-Score too high?
Baillie Gifford UK Growth Trust's current Piotroski F-Score of 7 is 17% 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 7.00. The Asset Management industry median Piotroski F-Score is 5.00. Baillie Gifford UK Growth Trust's value of 7 is 40% above this industry median. Based on the distribution chart, Baillie Gifford UK Growth Trust ranks #117 out of 1600 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Baillie Gifford UK Growth Trust has a GF Score™ of 52/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Baillie Gifford UK Growth Trust's Piotroski F-Score compare to BLK and BX?
According to the Asset Management industry distribution chart, Baillie Gifford UK Growth Trust ranks #117 out of 1600 companies for Piotroski F-Score. This places Baillie Gifford UK Growth Trust in the top 7% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Baillie Gifford UK Growth Trust's value of 7 is 40% above this benchmark. Historically, Baillie Gifford UK Growth Trust's own Piotroski F-Score has ranged from 3.00 to 7.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Baillie Gifford UK Growth Trust 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 1,600 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. Baillie Gifford UK Growth Trust's current Piotroski F-Score of 7 is 40% 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 Baillie Gifford UK Growth 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. Baillie Gifford UK Growth Trust's current Piotroski F-Score is 7, which is 17% 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 Baillie Gifford UK Growth Trust stock overvalued right now?
Based on GuruFocus' analysis, Baillie Gifford UK Growth Trust (LSE:BGUK) is currently considered Possible Value Trap. The stock's GF Value™ is £24.32, compared to a current price of £2.15 — trading 91.2% below its estimated fair value. The current Piotroski F-Score is 7, which is 17% above median its 10-year median of 6.00 and 40% above the Asset Management industry median of 5.00. Baillie Gifford UK Growth Trust's overall GF Score™ is 52/100 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 Baillie Gifford UK Growth Trust (LSE:BGUK), the current Piotroski F-Score is 7 as of Jul. 08, 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 Baillie Gifford UK Growth Trust (LSE:BGUK) Overvalued in 2026?

Based on GuruFocus' analysis, Baillie Gifford UK Growth Trust stock appears to be undervalued. The current stock price of £2.15 is trading 91.2% below its estimated GF Value™ of £24.32. GuruFocus considers Baillie Gifford UK Growth Trust to be Possible Value Trap.

Key valuation signals for LSE:BGUK:

  • Piotroski F-Score: 7 (17% above median its 10-year median of 6.00)
  • GF Value™: £24.32 vs. price of £2.15 (91.2% below fair value)
  • GF Score™: 52/100 with 5 warning signs
  • Industry Position: 40% above the Asset Management median (#117 of 1600)

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


Baillie Gifford UK Growth Trust Business Description

Address 3 St Helen’s Place, London, GBR, EC3A 6AB
Baillie Gifford UK Growth Trust PLC is an investment company and carries on business as an investment trust. The principal investment objective of the company is to achieve capital growth predominantly from investment in UK equities, to provide a total return in excess of the FTSE All-Share Index. It invests in a portfolio of between thirty-five and sixty-five mainly listed companies operating in different sectors, selected for their potential to provide, in aggregate, attractive returns relative to the total return of the FTSE All-Share Index.
52GF Score

Get the complete analysis for LSE:BGUK

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

£2.15
Price
£24.32
GF Value