Seraphim Space Investment Trust (LSE:SSIC) Piotroski F-Score: 7 (As of Jun. 25, 2026) — 17% Above Median


LSE:SSIC Seraphim Space Investment Trust PLC LSE:SSIC
21 GF Score
Price £0.79
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What is Seraphim Space Investment Trust Piotroski F-Score?

Seraphim Space Investment Trust LSE:SSIC -0.38% 21 Piotroski F-Score is 7 as of Jun. 25, 2026, which is 17% above its 10-year median of 6.00. GuruFocus rates LSE:SSIC with a GF Score™ of 21/100. The stock has 1 warning sign investors should review. Among 1,601 Asset Management companies, Seraphim Space Investment Trust ranks better than 92.94% 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

Seraphim Space Investment 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 Seraphim Space Investment Trust's Piotroski F-Score or its related term are showing as below:

LSE:SSIC' s Piotroski F-Score Range Over the Past 10 Years
Min: 5   Med: 6   Max: 7
Current: 7

During the past 4 years, the highest Piotroski F-Score of Seraphim Space Investment Trust was 7. The lowest was 5. And the median was 6.

Seraphim Space Investment Trust  (LSE:SSIC) 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.


Seraphim Space Investment Trust Piotroski F-Score Related Terms


Seraphim Space Investment Trust Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Seraphim Space Investment 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.

Seraphim Space Investment Trust Piotroski F-Score Chart

Seraphim Space Investment Trust Annual Data
Trend Jun22 Jun23 Jun24 Jun25
Piotroski F-Score
N/A N/A 5.00 7.00

Seraphim Space Investment Trust Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Piotroski F-Score Get a 7-Day Free Trial Premium Member Only 0.00 5.00 0.00 7.00 0.00

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

For the Asset Management subindustry, Seraphim Space Investment 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.


Seraphim Space Investment Trust Piotroski F-Score vs Asset Management Industry

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

* The bar in red indicates where Seraphim Space Investment Trust's Piotroski F-Score falls into.


LSE:SSIC
21GF Score
Seraphim Space Investment Trust PLC LSE:SSIC
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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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 (Jun25) TTM:Last Year (Jun24) TTM:
Net Income was £52.99 Mil.
Cash Flow from Operations was £-5.28 Mil.
Revenue was £54.57 Mil.
Average Total Assets from the begining of this year (Jun24)
to the end of this year (Jun25) was (228.582 + 281.434) / 2 = £255.008 Mil.
Total Assets at the begining of this year (Jun24) was £228.58 Mil.
Long-Term Debt & Capital Lease Obligation was £0.00 Mil.
Total Assets was £281.43 Mil.
Total Liabilities was £0.31 Mil.
Net Income was £6.73 Mil.

Revenue was £8.21 Mil.
Average Total Assets from the begining of last year (Jun23)
to the end of last year (Jun24) was (222.825 + 228.582) / 2 = £225.7035 Mil.
Total Assets at the begining of last year (Jun23) was £222.83 Mil.
Long-Term Debt & Capital Lease Obligation was £0.00 Mil.
Total Assets was £228.58 Mil.
Total Liabilities was £0.44 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.

Seraphim Space Investment Trust's current Net Income (TTM) was 52.99. ==> 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.

Seraphim Space Investment Trust's current Cash Flow from Operations (TTM) was -5.28. ==> 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.

Score 1 if it's higher, 0 if it's lower.

ROA (This Year)=Net Income/Total Assets (Jun24)
=52.985/228.582
=0.23179865

ROA (Last Year)=Net Income/Total Assets (Jun23)
=6.728/222.825
=0.0301941

Seraphim Space Investment Trust's return on assets of this year was 0.23179865. Seraphim Space Investment Trust's return on assets of last year was 0.0301941. ==> 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.

Seraphim Space Investment Trust's current Net Income (TTM) was 52.99. Seraphim Space Investment Trust's current Cash Flow from Operations (TTM) was -5.28. ==> -5.28 <= 52.99 ==> 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: Jun25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun24 to Jun25
=0/255.008
=0

Gearing (Last Year: Jun24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun23 to Jun24
=0/225.7035
=0

Seraphim Space Investment Trust's gearing of this year was 0. Seraphim Space Investment Trust'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.

Current Ratio (This Year: Jun25)=Total Assets/Total Liabilities
=281.434/0.311
=904.93247588

Current Ratio (Last Year: Jun24)=Total Assets/Total Liabilities
=228.582/0.444
=514.82432432

Seraphim Space Investment Trust's current ratio of this year was 904.93247588. Seraphim Space Investment Trust's current ratio of last year was 514.82432432. ==> 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.

Seraphim Space Investment Trust's number of shares in issue this year was 237.199. Seraphim Space Investment Trust's number of shares in issue last year was 237.478. ==> 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
=52.985/54.567
=0.97100812

Net Margin (Last Year: TTM)=Net Income/Revenue
=6.728/8.21
=0.81948843

Seraphim Space Investment Trust's net margin of this year was 0.97100812. Seraphim Space Investment Trust's net margin of last year was 0.81948843. ==> 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 (Jun24)
=54.567/228.582
=0.23871958

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Jun23)
=8.21/222.825
=0.03684506

Seraphim Space Investment Trust's asset turnover of this year was 0.23871958. Seraphim Space Investment Trust's asset turnover of last year was 0.03684506. ==> 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+0+1+0+1+1+1+1+1
=7

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

Seraphim Space Investment 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?
Seraphim Space Investment Trust (LSE:SSIC) has a Piotroski F-Score of 7 as of Jun. 25, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Seraphim Space Investment Trust and its competitors. This is 17% above median its historical median of 6.00. Over the past decade, Seraphim Space Investment Trust's Piotroski F-Score has ranged from 5.00 to 7.00. According to the industry distribution chart, Seraphim Space Investment Trust ranks #113 out of 1601 companies in the Asset Management industry, placing it in the top 7.1%.
Is Seraphim Space Investment Trust's Piotroski F-Score too high?
Seraphim Space Investment 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 5.00 to a high of 7.00. The Asset Management industry median Piotroski F-Score is 5.00. Seraphim Space Investment Trust's value of 7 is 40% above this industry median. Based on the distribution chart, Seraphim Space Investment Trust ranks #113 out of 1601 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Seraphim Space Investment Trust has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Seraphim Space Investment Trust's Piotroski F-Score compare to BLK and BX?
According to the Asset Management industry distribution chart, Seraphim Space Investment Trust ranks #113 out of 1601 companies for Piotroski F-Score. This places Seraphim Space Investment Trust in the top 7% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Seraphim Space Investment Trust's value of 7 is 40% above this benchmark. Historically, Seraphim Space Investment Trust's own Piotroski F-Score has ranged from 5.00 to 7.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Seraphim Space Investment 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 1,601 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. Seraphim Space Investment 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 Seraphim Space Investment 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. Seraphim Space Investment 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 Seraphim Space Investment Trust stock overvalued right now?
Seraphim Space Investment Trust (LSE:SSIC) has a current Piotroski F-Score of 7. 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. Seraphim Space Investment Trust's overall GF Score™ is 21/100 with 1 warning sign 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 Seraphim Space Investment Trust (LSE:SSIC), the current Piotroski F-Score is 7 as of Jun. 25, 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.

Seraphim Space Investment Trust Business Description

Other Exchanges SSIT:UK
Address 20 Fenchurch Street, 5th Floor, London, GBR, EC3M 3BY
Seraphim Space Investment Trust PLC is a closed-ended investment company investing in a diversified, international portfolio of early and growth-stage privately financed SpaceTech businesses. These category leaders with first-mover advantages operate in areas such as climate change, sustainability, communications, mobility, and international security, including cyber security, aiming to generate long-term capital growth. The company focuses on businesses relying on space-based connectivity, precision navigation and timing signals, or technologies related to the space sector, with the objective to generate capital growth over the long term through investment in predominantly early and growth-stage unquoted SpaceTech businesses with the potential to dominate globally.
21GF Score

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