Worsley Investors (LSE:WINV) Piotroski F-Score: 5 (As of Jun. 28, 2026) — Near Median


LSE:WINV Worsley Investors Ltd LSE:WINV
33 GF Score
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! 2 Warning Signs
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What is Worsley Investors Piotroski F-Score?

Worsley Investors LSE:WINV +3.25% 33 Piotroski F-Score is 5 as of Jun. 28, 2026, which is at its 10-year median of 5.00. GuruFocus rates LSE:WINV with a GF Score™ of 33/100. The stock has 2 warning signs investors should review. Among 1,594 Asset Management companies, Worsley Investors ranks better than 65.12% on this metric.

The zones of discrimination were as such:

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

Worsley Investors has an F-score of 5 indicating the company's financial situation is typical for a stable company.

The historical rank and industry rank for Worsley Investors's Piotroski F-Score or its related term are showing as below:

LSE:WINV' s Piotroski F-Score Range Over the Past 10 Years
Min: 1   Med: 5   Max: 6
Current: 5

During the past 13 years, the highest Piotroski F-Score of Worsley Investors was 6. The lowest was 1. And the median was 5.

Worsley Investors  (LSE:WINV) 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.


Worsley Investors Piotroski F-Score Related Terms


Worsley Investors Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Worsley Investors'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.

Worsley Investors Piotroski F-Score Chart

Worsley Investors Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Mar22 Mar23 Mar24 Mar25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.00 5.00 6.00 6.00 5.00

Worsley Investors Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
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 6.00 0.00 5.00 0.00

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

For the Asset Management subindustry, Worsley Investors'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.


Worsley Investors Piotroski F-Score vs Asset Management Industry

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

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


LSE:WINV
33GF Score
Worsley Investors Ltd LSE:WINV
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 (Mar25) TTM:Last Year (Mar24) TTM:
Net Income was £-2.81 Mil.
Cash Flow from Operations was £-0.03 Mil.
Revenue was £-1.66 Mil.
Average Total Assets from the begining of this year (Mar24)
to the end of this year (Mar25) was (14.985 + 11.927) / 2 = £13.456 Mil.
Total Assets at the begining of this year (Mar24) was £14.99 Mil.
Long-Term Debt & Capital Lease Obligation was £0.00 Mil.
Total Assets was £11.93 Mil.
Total Liabilities was £0.25 Mil.
Net Income was £0.03 Mil.

Revenue was £0.46 Mil.
Average Total Assets from the begining of last year (Mar23)
to the end of last year (Mar24) was (15.233 + 14.985) / 2 = £15.109 Mil.
Total Assets at the begining of last year (Mar23) was £15.23 Mil.
Long-Term Debt & Capital Lease Obligation was £0.00 Mil.
Total Assets was £14.99 Mil.
Total Liabilities was £0.32 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.

Worsley Investors's current Net Income (TTM) was -2.81. ==> Negative ==> Score 0.

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.

Worsley Investors's current Cash Flow from Operations (TTM) was -0.03. ==> 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 (Mar24)
=-2.81/14.985
=-0.18752085

ROA (Last Year)=Net Income/Total Assets (Mar23)
=0.03/15.233
=0.00196941

Worsley Investors's return on assets of this year was -0.18752085. Worsley Investors's return on assets of last year was 0.00196941. ==> 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.

Worsley Investors's current Net Income (TTM) was -2.81. Worsley Investors's current Cash Flow from Operations (TTM) was -0.03. ==> -0.03 > -2.81 ==> 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: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=0/13.456
=0

Gearing (Last Year: Mar24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar23 to Mar24
=0/15.109
=0

Worsley Investors's gearing of this year was 0. Worsley Investors'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: Mar25)=Total Assets/Total Liabilities
=11.927/0.246
=48.48373984

Current Ratio (Last Year: Mar24)=Total Assets/Total Liabilities
=14.985/0.324
=46.25

Worsley Investors's current ratio of this year was 48.48373984. Worsley Investors's current ratio of last year was 46.25. ==> 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.

Worsley Investors's number of shares in issue this year was 33.741. Worsley Investors's number of shares in issue last year was 33.741. ==> 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
=-2.81/-1.661
=1.69175196

Net Margin (Last Year: TTM)=Net Income/Revenue
=0.03/0.458
=0.06550218

Worsley Investors's net margin of this year was 1.69175196. Worsley Investors's net margin of last year was 0.06550218. ==> 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 (Mar24)
=-1.661/14.985
=-0.11084418

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar23)
=0.458/15.233
=0.0300663

Worsley Investors's asset turnover of this year was -0.11084418. Worsley Investors's asset turnover of last year was 0.0300663. ==> 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
=0+0+0+1+1+1+1+1+0
=5

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

Worsley Investors has an F-score of 5 indicating the company's financial situation is typical for a stable company.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 5 mean?
Worsley Investors (LSE:WINV) has a Piotroski F-Score of 5 as of Jun. 28, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Worsley Investors and its competitors. This is near median its historical median of 5.00. Over the past decade, Worsley Investors' Piotroski F-Score has ranged from 1.00 to 6.00. According to the industry distribution chart, Worsley Investors ranks #556 out of 1594 companies in the Asset Management industry, placing it in the top 34.9%.
Is Worsley Investors' Piotroski F-Score too high?
Worsley Investors' current Piotroski F-Score of 5 is near median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 6.00. The Asset Management industry median Piotroski F-Score is 5.00. Worsley Investors' value of 5 is 0% at this industry median. Based on the distribution chart, Worsley Investors ranks #556 out of 1594 companies in the Asset Management industry, which is above the industry midpoint. Overall, Worsley Investors has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Worsley Investors' Piotroski F-Score compare to BLK and BX?
According to the Asset Management industry distribution chart, Worsley Investors ranks #556 out of 1594 companies for Piotroski F-Score. This puts Worsley Investors in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Worsley Investors' value of 5 is 0% at this benchmark. Historically, Worsley Investors' own Piotroski F-Score has ranged from 1.00 to 6.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Worsley Investors has consistently been at 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 1,594 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. Worsley Investors's current Piotroski F-Score of 5 is 0% at 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 Worsley Investors 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. Worsley Investors's current Piotroski F-Score is 5, which is near 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 Worsley Investors stock overvalued right now?
Worsley Investors (LSE:WINV) has a current Piotroski F-Score of 5. The current Piotroski F-Score is 5, which is near median its 10-year median of 5.00 and 0% at the Asset Management industry median of 5.00. Worsley Investors' overall GF Score™ is 33/100 with 2 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 Worsley Investors (LSE:WINV), the current Piotroski F-Score is 5 as of Jun. 28, 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.

Worsley Investors Business Description

Address Royal Avenue, 1 Royal Plaza, Saint Peter Port, GGY, GY1 2HL
Worsley Investors Ltd is a limited liability, closed-ended, self-managed investment company. The company's investment objective is to provide shareholders with an attractive level of absolute long-term return, principally through the capital appreciation and exit of undervalued securities. Its segment includes Property Group and Parent Company. The company generates maximum revenue from the Property Group segment.
33GF Score

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