Invesco Global Equityome Trust (LSE:IGET) Piotroski F-Score: 3 (As of Jun. 24, 2026) — 50% Below Median


LSE:IGET Invesco Global Equity Income Trust PLC LSE:IGET
59 GF Score
Price £3.95
GF Value £4.43
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Invesco Global Equityome Trust Piotroski F-Score?

Invesco Global Equityome Trust LSE:IGET -1.74% 59 Piotroski F-Score is 3 as of Jun. 24, 2026, which is 50% below its 10-year median of 6.00. GuruFocus rates LSE:IGET with a GF Score™ of 59/100 and a GF Value™ of £4.43 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,601 Asset Management companies, Invesco Global Equityome Trust ranks worse than 78.01% on this metric.

Warning Sign:

Piotroski F-Score of 3 is low, which usually implies poor business operation.

The zones of discrimination were as such:

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

Invesco Global Equityome Trust has an F-score of 3. It is a bad or low score, which usually implies poor business operation.

The historical rank and industry rank for Invesco Global Equityome Trust's Piotroski F-Score or its related term are showing as below:

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

During the past 13 years, the highest Piotroski F-Score of Invesco Global Equityome Trust was 8. The lowest was 3. And the median was 6.

Invesco Global Equityome Trust  (LSE:IGET) 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.


Invesco Global Equityome Trust Piotroski F-Score Related Terms


Invesco Global Equityome Trust Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Invesco Global Equityome 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.

Invesco Global Equityome Trust Piotroski F-Score Chart

Invesco Global Equityome Trust Annual Data
Trend May16 May17 May18 May19 May20 May21 May22 May23 May24 May25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.00 5.00 7.00 8.00 3.00

Invesco Global Equityome Trust Semi-Annual Data
May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25
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 0.00 8.00 0.00 3.00 0.00

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

For the Asset Management subindustry, Invesco Global Equityome 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.


Invesco Global Equityome Trust Piotroski F-Score vs Asset Management Industry

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

* The bar in red indicates where Invesco Global Equityome Trust's Piotroski F-Score falls into.


LSE:IGET
59GF Score
Invesco Global Equity Income Trust PLC LSE:IGET
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 (May25) TTM:Last Year (May24) TTM:
Net Income was £22.73 Mil.
Cash Flow from Operations was £6.80 Mil.
Revenue was £23.64 Mil.
Average Total Assets from the begining of this year (May24)
to the end of this year (May25) was (199.322 + 215.376) / 2 = £207.349 Mil.
Total Assets at the begining of this year (May24) was £199.32 Mil.
Long-Term Debt & Capital Lease Obligation was £2.65 Mil.
Total Assets was £215.38 Mil.
Total Liabilities was £3.09 Mil.
Net Income was £28.04 Mil.

Revenue was £29.48 Mil.
Average Total Assets from the begining of last year (May23)
to the end of last year (May24) was (210.154 + 199.322) / 2 = £204.738 Mil.
Total Assets at the begining of last year (May23) was £210.15 Mil.
Long-Term Debt & Capital Lease Obligation was £0.00 Mil.
Total Assets was £199.32 Mil.
Total Liabilities was £1.77 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.

Invesco Global Equityome Trust's current Net Income (TTM) was 22.73. ==> 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.

Invesco Global Equityome Trust's current Cash Flow from Operations (TTM) was 6.80. ==> 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 (May24)
=22.733/199.322
=0.11405164

ROA (Last Year)=Net Income/Total Assets (May23)
=28.042/210.154
=0.13343548

Invesco Global Equityome Trust's return on assets of this year was 0.11405164. Invesco Global Equityome Trust's return on assets of last year was 0.13343548. ==> 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.

Invesco Global Equityome Trust's current Net Income (TTM) was 22.73. Invesco Global Equityome Trust's current Cash Flow from Operations (TTM) was 6.80. ==> 6.80 <= 22.73 ==> 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: May25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from May24 to May25
=2.65/207.349
=0.01278038

Gearing (Last Year: May24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from May23 to May24
=0/204.738
=0

Invesco Global Equityome Trust's gearing of this year was 0.01278038. Invesco Global Equityome Trust's gearing of last year was 0. ==> 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: May25)=Total Assets/Total Liabilities
=215.376/3.093
=69.63336566

Current Ratio (Last Year: May24)=Total Assets/Total Liabilities
=199.322/1.767
=112.8024901

Invesco Global Equityome Trust's current ratio of this year was 69.63336566. Invesco Global Equityome Trust's current ratio of last year was 112.8024901. ==> 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.

Invesco Global Equityome Trust's number of shares in issue this year was 62.623. Invesco Global Equityome Trust's number of shares in issue last year was 28.259. ==> 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
=22.733/23.643
=0.96151081

Net Margin (Last Year: TTM)=Net Income/Revenue
=28.042/29.475
=0.95138253

Invesco Global Equityome Trust's net margin of this year was 0.96151081. Invesco Global Equityome Trust's net margin of last year was 0.95138253. ==> 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 (May24)
=23.643/199.322
=0.11861711

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (May23)
=29.475/210.154
=0.14025429

Invesco Global Equityome Trust's asset turnover of this year was 0.11861711. Invesco Global Equityome Trust's asset turnover of last year was 0.14025429. ==> 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+0+0+0+1+0
=3

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

Invesco Global Equityome Trust has an F-score of 3. It is a bad or low score, which usually implies poor business operation.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 3 mean?
Invesco Global Equityome Trust (LSE:IGET) has a Piotroski F-Score of 3 as of Jun. 24, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Invesco Global Equityome Trust and its competitors. This is 50% below median its historical median of 6.00. Over the past decade, Invesco Global Equityome Trust's Piotroski F-Score has ranged from 3.00 to 8.00. According to the industry distribution chart, Invesco Global Equityome Trust ranks #1249 out of 1601 companies in the Asset Management industry, placing it in the top 78%.
Is Invesco Global Equityome Trust's Piotroski F-Score too high?
Invesco Global Equityome Trust's current Piotroski F-Score of 3 is 50% below 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. Invesco Global Equityome Trust's value of 3 is 40% below this industry median. Based on the distribution chart, Invesco Global Equityome Trust ranks #1249 out of 1601 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Invesco Global Equityome Trust has a GF Score™ of 59/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Invesco Global Equityome Trust's Piotroski F-Score compare to BLK and BX?
According to the Asset Management industry distribution chart, Invesco Global Equityome Trust ranks #1249 out of 1601 companies for Piotroski F-Score. This places Invesco Global Equityome Trust in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Invesco Global Equityome Trust's value of 3 is 40% below this benchmark. Historically, Invesco Global Equityome Trust'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, Invesco Global Equityome 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. Invesco Global Equityome Trust's current Piotroski F-Score of 3 is 40% 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 Invesco Global Equityome 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. Invesco Global Equityome Trust's current Piotroski F-Score is 3, which is 50% below 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 Invesco Global Equityome Trust stock overvalued right now?
Based on GuruFocus' analysis, Invesco Global Equityome Trust (LSE:IGET) is currently considered Modestly Undervalued. The stock's GF Value™ is £4.43, compared to a current price of £3.95 — trading 10.8% below its estimated fair value. The current Piotroski F-Score is 3, which is 50% below median its 10-year median of 6.00 and 40% below the Asset Management industry median of 5.00. Invesco Global Equityome Trust's overall GF Score™ is 59/100 with 6 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 Invesco Global Equityome Trust (LSE:IGET), the current Piotroski F-Score is 3 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.

Is Invesco Global Equityome Trust (LSE:IGET) Overvalued in 2026?

Based on GuruFocus' analysis, Invesco Global Equityome Trust stock appears to be undervalued. The current stock price of £3.95 is trading 10.8% below its estimated GF Value™ of £4.43. GuruFocus considers Invesco Global Equityome Trust to be Modestly Undervalued.

Key valuation signals for LSE:IGET:

  • Piotroski F-Score: 3 (50% below median its 10-year median of 6.00)
  • GF Value™: £4.43 vs. price of £3.95 (10.8% below fair value)
  • GF Score™: 59/100 with 6 warning signs
  • Industry Position: 40% below the Asset Management median (#1249 of 1601)

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


Invesco Global Equityome Trust Business Description

Address Perpetual Park Drive, Perpetual Park, Henley-on-Thames, Oxfordshire, GBR, RG9 1HH
Invesco Global Equity Income Trust PLC is an investment company based in the UK. The company invests its shareholders' funds with the focus of spreading investment risk and generating returns. Its investment objective is to provide shareholders with a choice of investment strategies and policies, each intended to generate attractive risk-adjusted returns. The company focuses on investing no more than 15% of the gross assets in a single investment and not more than 10% of the gross assets invested in other listed investment companies. Its share capital comprises four share classes namely UK Equity Shares, Global Equity Income Shares, Balanced Risk Allocation Shares, and Managed Liquidity Shares and it allows shareholders to convert between share classes.
59GF Score

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

£3.95
Price
£4.43
GF Value