RTC Group (LSE:RTC) Piotroski F-Score: 8 (As of Jun. 27, 2026) — 33% Above Median


LSE:RTC RTC Group PLC LSE:RTC
61 GF Score
Price £1.01
GF Value £0.83
Valuation Modestly Overvalued
View Full Analysis

What is RTC Group Piotroski F-Score?

RTC Group LSE:RTC 61 Piotroski F-Score is 8 as of Jun. 27, 2026, which is 33% above its 10-year median of 6.00. GuruFocus rates LSE:RTC with a GF Score™ of 61/100 and a GF Value™ of £0.83 (Modestly Overvalued). Among 1,063 Business Services companies, RTC Group ranks better than 97.74% 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

RTC Group 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 RTC Group's Piotroski F-Score or its related term are showing as below:

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

During the past 13 years, the highest Piotroski F-Score of RTC Group was 8. The lowest was 3. And the median was 6.

RTC Group  (LSE:RTC) 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.


RTC Group Piotroski F-Score Related Terms


RTC Group Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for RTC Group'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.

RTC Group Piotroski F-Score Chart

RTC Group 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 3.00 5.00 8.00 7.00 8.00

RTC Group 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 8.00 0.00 7.00 0.00 8.00

LSE:RTC vs KFY, RHI, TNET: Piotroski F-Score Comparison

For the Staffing & Employment Services subindustry, RTC Group'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.


RTC Group Piotroski F-Score vs Business Services Industry

For the Business Services industry and Industrials sector, RTC Group's Piotroski F-Score distribution charts can be found below:

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


LSE:RTC
61GF Score
RTC Group PLC LSE:RTC
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 £1.81 Mil.
Cash Flow from Operations was £5.16 Mil.
Revenue was £95.54 Mil.
Gross Profit was £17.88 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was (21.659 + 20.655) / 2 = £21.157 Mil.
Total Assets at the begining of this year (Dec24) was £21.66 Mil.
Long-Term Debt & Capital Lease Obligation was £1.83 Mil.
Total Current Assets was £17.73 Mil.
Total Current Liabilities was £10.55 Mil.
Net Income was £1.87 Mil.

Revenue was £96.76 Mil.
Gross Profit was £17.93 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was (22.165 + 21.659) / 2 = £21.912 Mil.
Total Assets at the begining of last year (Dec23) was £22.17 Mil.
Long-Term Debt & Capital Lease Obligation was £2.08 Mil.
Total Current Assets was £18.41 Mil.
Total Current Liabilities was £11.44 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.

RTC Group's current Net Income (TTM) was 1.81. ==> 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.

RTC Group's current Cash Flow from Operations (TTM) was 5.16. ==> 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)
=1.813/21.659
=0.08370654

ROA (Last Year)=Net Income/Total Assets (Dec23)
=1.873/22.165
=0.08450259

RTC Group's return on assets of this year was 0.08370654. RTC Group's return on assets of last year was 0.08450259. ==> 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.

RTC Group's current Net Income (TTM) was 1.81. RTC Group's current Cash Flow from Operations (TTM) was 5.16. ==> 5.16 > 1.81 ==> 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: Dec25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec24 to Dec25
=1.827/21.157
=0.0863544

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=2.077/21.912
=0.09478824

RTC Group's gearing of this year was 0.0863544. RTC Group's gearing of last year was 0.09478824. ==> 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

Current Ratio (This Year: Dec25)=Total Current Assets/Total Current Liabilities
=17.731/10.549
=1.68082283

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=18.409/11.444
=1.60861587

RTC Group's current ratio of this year was 1.68082283. RTC Group's current ratio of last year was 1.60861587. ==> 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.

RTC Group's number of shares in issue this year was 12.855. RTC Group's number of shares in issue last year was 14.393. ==> 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.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=17.878/95.538
=0.18712973

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=17.931/96.762
=0.18531035

RTC Group's gross margin of this year was 0.18712973. RTC Group's gross margin of last year was 0.18531035. ==> This year's gross 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)
=95.538/21.659
=4.41100697

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=96.762/22.165
=4.36553124

RTC Group's asset turnover of this year was 4.41100697. RTC Group's asset turnover of last year was 4.36553124. ==> 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+0+1+1+1+1+1+1
=8

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

RTC Group 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?
RTC Group (LSE:RTC) 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 RTC Group and its competitors. This is 33% above median its historical median of 6.00. Over the past decade, RTC Group's Piotroski F-Score has ranged from 3.00 to 8.00. According to the industry distribution chart, RTC Group ranks #24 out of 1063 companies in the Business Services industry, placing it in the top 2.3%.
Is RTC Group's Piotroski F-Score too high?
RTC Group's current Piotroski F-Score of 8 is 33% 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 8.00. The Business Services industry median Piotroski F-Score is 5.00. RTC Group's value of 8 is 60% above this industry median. Based on the distribution chart, RTC Group ranks #24 out of 1063 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, RTC Group has a GF Score™ of 61/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does RTC Group's Piotroski F-Score compare to KFY and RHI?
According to the Business Services industry distribution chart, RTC Group ranks #24 out of 1063 companies for Piotroski F-Score. This places RTC Group in the top 2% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. RTC Group's value of 8 is 60% above this benchmark. Historically, RTC Group'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, RTC Group 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 Business Services company?
The median Piotroski F-Score among Business Services companies is 5.00, based on 1,063 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. RTC Group'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 RTC Group and its competitors. For the Business Services 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. RTC Group's current Piotroski F-Score is 8, which is 33% 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 RTC Group stock overvalued right now?
Based on GuruFocus' analysis, RTC Group (LSE:RTC) is currently considered Modestly Overvalued. The stock's GF Value™ is £0.83, compared to a current price of £1.01 — trading 21.7% above its estimated fair value. The current Piotroski F-Score is 8, which is 33% above median its 10-year median of 6.00 and 60% above the Business Services industry median of 5.00. RTC Group's overall GF Score™ is 61/100. 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 RTC Group (LSE:RTC), 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 RTC Group (LSE:RTC) Overvalued in 2026?

Based on GuruFocus' analysis, RTC Group stock appears to be overvalued. The current stock price of £1.01 is trading 21.7% above its estimated GF Value™ of £0.83. GuruFocus considers RTC Group to be Modestly Overvalued.

Key valuation signals for LSE:RTC:

  • Piotroski F-Score: 8 (33% above median its 10-year median of 6.00)
  • GF Value™: £0.83 vs. price of £1.01 (21.7% above fair value)
  • GF Score™: 61/100
  • Industry Position: 60% above the Business Services median (#24 of 1063)

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


RTC Group Business Description

Address London Road, The Derby Conference Centre, Derby, GBR, DE24 8UX
RTC Group PLC is a holding company. Along with its subsidiaries, it is engaged in the provision of engineering and technical recruitment services that provide temporary and permanent labor to a broad range of industries and customers in both domestic and international markets. It focuses on white and blue-collar recruitment, providing temporary, permanent, and contingent staff to a range of industries and clients in both domestic and international markets. The Group's operating segments include UK Recruitment, UK Central Services, and International Recruitment. The majority of its revenues are generated from the UK Recruitment segment. Geographically, the group derives maximum revenue from the United Kingdom, and the rest from the United States and the Middle East.
61GF Score

Get the complete analysis for LSE:RTC

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

£1.01
Price
£0.83
GF Value