Murray International Trust (LSE:MYI) Piotroski F-Score: 8 (As of Jun. 27, 2026) — 60% Above Median


LSE:MYI Murray International Trust PLC LSE:MYI
51 GF Score
Price £3.60
GF Value £7.77
Valuation Possible Value Trap
! 5 Warning Signs
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What is Murray International Trust Piotroski F-Score?

Murray International Trust LSE:MYI +0.14% 51 Piotroski F-Score is 8 as of Jun. 27, 2026, which is 60% above its 10-year median of 5.00. GuruFocus rates LSE:MYI with a GF Score™ of 51/100 and a GF Value™ of £7.77 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,597 Asset Management companies, Murray International Trust 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

Murray International Trust 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 Murray International Trust's Piotroski F-Score or its related term are showing as below:

LSE:MYI' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 5   Max: 8
Current: 8

During the past 13 years, the highest Piotroski F-Score of Murray International Trust was 8. The lowest was 3. And the median was 5.

Murray International Trust  (LSE:MYI) 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.


Murray International Trust Piotroski F-Score Related Terms


Murray International Trust Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Murray International 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.

Murray International Trust Piotroski F-Score Chart

Murray International Trust 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 8.00 5.00 6.00 5.00 8.00

Murray International Trust 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 6.00 0.00 5.00 0.00 8.00

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

For the Asset Management subindustry, Murray International 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.


Murray International Trust Piotroski F-Score vs Asset Management Industry

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

* The bar in red indicates where Murray International Trust's Piotroski F-Score falls into.


LSE:MYI
51GF Score
Murray International Trust PLC LSE:MYI
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 £348.6 Mil.
Cash Flow from Operations was £80.5 Mil.
Revenue was £358.8 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was (1791.894 + 2035.256) / 2 = £1913.575 Mil.
Total Assets at the begining of this year (Dec24) was £1,791.9 Mil.
Long-Term Debt & Capital Lease Obligation was £109.9 Mil.
Total Assets was £2,035.3 Mil.
Total Liabilities was £114.3 Mil.
Net Income was £126.7 Mil.

Revenue was £136.1 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was (1811.961 + 1791.894) / 2 = £1801.9275 Mil.
Total Assets at the begining of last year (Dec23) was £1,812.0 Mil.
Long-Term Debt & Capital Lease Obligation was £109.9 Mil.
Total Assets was £1,791.9 Mil.
Total Liabilities was £113.0 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.

Murray International Trust's current Net Income (TTM) was 348.6. ==> 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.

Murray International Trust's current Cash Flow from Operations (TTM) was 80.5. ==> 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)
=348.575/1791.894
=0.19452881

ROA (Last Year)=Net Income/Total Assets (Dec23)
=126.707/1811.961
=0.06992811

Murray International Trust's return on assets of this year was 0.19452881. Murray International Trust's return on assets of last year was 0.06992811. ==> 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.

Murray International Trust's current Net Income (TTM) was 348.6. Murray International Trust's current Cash Flow from Operations (TTM) was 80.5. ==> 80.5 <= 348.6 ==> 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
=109.926/1913.575
=0.05744536

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=109.916/1801.9275
=0.06099912

Murray International Trust's gearing of this year was 0.05744536. Murray International Trust's gearing of last year was 0.06099912. ==> 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
=2035.256/114.282
=17.80906879

Current Ratio (Last Year: Dec24)=Total Assets/Total Liabilities
=1791.894/113.045
=15.85115662

Murray International Trust's current ratio of this year was 17.80906879. Murray International Trust's current ratio of last year was 15.85115662. ==> 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.

Murray International Trust's number of shares in issue this year was 593.153. Murray International Trust's number of shares in issue last year was 613.268. ==> 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
=348.575/358.817
=0.9714562

Net Margin (Last Year: TTM)=Net Income/Revenue
=126.707/136.097
=0.93100509

Murray International Trust's net margin of this year was 0.9714562. Murray International Trust's net margin of last year was 0.93100509. ==> 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)
=358.817/1791.894
=0.20024455

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=136.097/1811.961
=0.07511034

Murray International Trust's asset turnover of this year was 0.20024455. Murray International Trust's asset turnover of last year was 0.07511034. ==> 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

Murray International Trust 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?
Murray International Trust (LSE:MYI) 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 Murray International Trust and its competitors. This is 60% above median its historical median of 5.00. Over the past decade, Murray International Trust's Piotroski F-Score has ranged from 3.00 to 8.00. According to the industry distribution chart, Murray International Trust ranks #12 out of 1597 companies in the Asset Management industry, placing it in the top 0.8%.
Is Murray International Trust's Piotroski F-Score too high?
Murray International Trust's current Piotroski F-Score of 8 is 60% above median its 10-year median of 5.00. 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. Murray International Trust's value of 8 is 60% above this industry median. Based on the distribution chart, Murray International Trust ranks #12 out of 1597 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Murray International Trust has a GF Score™ of 51/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Murray International Trust's Piotroski F-Score compare to BLK and BX?
According to the Asset Management industry distribution chart, Murray International Trust ranks #12 out of 1597 companies for Piotroski F-Score. This places Murray International Trust in the top 1% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Murray International Trust's value of 8 is 60% above this benchmark. Historically, Murray International 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 5.00 vs. the industry median of 5.00, Murray International 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 1,597 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. Murray International Trust'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 Murray International 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. Murray International Trust's current Piotroski F-Score is 8, which is 60% above 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 Murray International Trust stock overvalued right now?
Based on GuruFocus' analysis, Murray International Trust (LSE:MYI) is currently considered Possible Value Trap. The stock's GF Value™ is £7.77, compared to a current price of £3.60 — trading 53.7% below its estimated fair value. The current Piotroski F-Score is 8, which is 60% above median its 10-year median of 5.00 and 60% above the Asset Management industry median of 5.00. Murray International Trust's overall GF Score™ is 51/100 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 Murray International Trust (LSE:MYI), 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 Murray International Trust (LSE:MYI) Overvalued in 2026?

Based on GuruFocus' analysis, Murray International Trust stock appears to be undervalued. The current stock price of £3.60 is trading 53.7% below its estimated GF Value™ of £7.77. GuruFocus considers Murray International Trust to be Possible Value Trap.

Key valuation signals for LSE:MYI:

  • Piotroski F-Score: 8 (60% above median its 10-year median of 5.00)
  • GF Value™: £7.77 vs. price of £3.60 (53.7% below fair value)
  • GF Score™: 51/100 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:MYI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Murray International Trust Business Description

Address 1 George Street, Edinburgh, GBR, EH2 2LL
Murray International Trust PLC is a UK-based investment trust. It invests in a portfolio that varies from international equities to fixed-income securities, Aberdeen solutions, and property. Investments are made only from a long-term perspective. It generates revenues from the fees it charges based on the levels of assets under management.
51GF Score

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

£3.60
Price
£7.77
GF Value