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Royce Global Value TrustRGT -1.18%52 Piotroski F-Score is 7 as of Sep. 09, 2026, which is 40% above its 10-year median of 5.00. GuruFocus rates RGT with a GF Score™ of 52/100 and a GF Value™ of $133.39 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,583 Asset Management companies, Royce Global Value Trust ranks better than 93.18% 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
Royce Global Value 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 Royce Global Value Trust's Piotroski F-Score or its related term are showing as below:
RGT'
s Piotroski F-Score Range Over the Past 10 Years
Min: 3 Med: 5 Max: 7
Current: 7
During the past 10 years, the highest Piotroski F-Score of Royce Global Value Trust was 7. The lowest was 3. And the median was 5.
Royce Global Value Trust (NYSE:RGT) 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.
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.
Royce Global Value Trust Piotroski F-Score Related Terms
Royce Global Value Trust Piotroski F-Score Historical Data
* 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.
RGT vs ERH, PGP, PFX: Piotroski F-Score Comparison
For the Asset Management subindustry, Royce Global Value 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.
Royce Global Value Trust Piotroski F-Score vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Royce Global Value Trust's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Royce Global Value Trust's Piotroski F-Score falls into.
* 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.
*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.
Royce Global Value Trust's current Net Income (TTM) was 87.8.
==> 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.
Royce Global Value Trust's current Cash Flow from Operations (TTM) was 2.7.
==> 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.
Royce Global Value Trust's return on assets of this year was 1.0427777. Royce Global Value Trust's return on assets of last year was 0.10777474.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Royce Global Value Trust's gearing of this year was 0. Royce Global Value Trust's gearing of last year was 0.0244972.
==> 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.
Royce Global Value Trust's current ratio of this year was 231.97459584. Royce Global Value Trust's current ratio of last year was 35.71986418.
==> 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.
Royce Global Value Trust's number of shares in issue this year was 6.563. Royce Global Value Trust's number of shares in issue last year was 6.317.
==> 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.
Royce Global Value Trust's net margin of this year was 0.98951356. Royce Global Value Trust's net margin of last year was 0.87020408.
==> 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
Royce Global Value Trust's asset turnover of this year was 1.0538286. Royce Global Value Trust's asset turnover of last year was 0.12384996.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
Piotroski F-Score
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7
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Royce Global Value Trust has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.
Royce Global Value Trust (RGT) has a Piotroski F-Score of 7 as of Sep. 09, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Royce Global Value Trust and its competitors. This is 40% above median its historical median of 5.00. Over the past decade, Royce Global Value Trust's Piotroski F-Score has ranged from 3.00 to 7.00. According to the industry distribution chart, Royce Global Value Trust ranks #108 out of 1583 companies in the Asset Management industry, placing it in the top 6.8%.
Is Royce Global Value Trust's Piotroski F-Score too high?
Royce Global Value Trust's current Piotroski F-Score of 7 is 40% 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 7.00. The Asset Management industry median Piotroski F-Score is 5.00. Royce Global Value Trust's value of 7 is 40% above this industry median. Based on the distribution chart, Royce Global Value Trust ranks #108 out of 1583 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Royce Global Value Trust has a GF Score™ of 52/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Royce Global Value Trust's Piotroski F-Score compare to ERH and PGP?
According to the Asset Management industry distribution chart, Royce Global Value Trust ranks #108 out of 1583 companies for Piotroski F-Score. This places Royce Global Value Trust in the top 7% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Royce Global Value Trust's value of 7 is 40% above this benchmark. Historically, Royce Global Value Trust's own Piotroski F-Score has ranged from 3.00 to 7.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Royce Global Value 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 1,583 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. Royce Global Value 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 Royce Global Value 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. Royce Global Value Trust's current Piotroski F-Score is 7, which is 40% 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 Royce Global Value Trust stock overvalued right now?
Based on GuruFocus' analysis, Royce Global Value Trust (RGT) is currently considered Possible Value Trap. The stock's GF Value™ is $133.39, compared to a current price of $15.00 — trading 88.8% below its estimated fair value. The current Piotroski F-Score is 7, which is 40% above median its 10-year median of 5.00 and 40% above the Asset Management industry median of 5.00. Royce Global Value Trust's overall GF Score™ is 52/100 with 4 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 Royce Global Value Trust (RGT), the current Piotroski F-Score is 7 as of Sep. 09, 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 Royce Global Value Trust (RGT) Overvalued in 2026?
Based on GuruFocus' analysis, Royce Global Value Trust stock appears to be undervalued.
The current stock price of $15.00 is trading 88.8% below its estimated GF Value™ of $133.39.
GuruFocus considers Royce Global Value Trust to be Possible Value Trap.
Key valuation signals for RGT:
Piotroski F-Score: 7 (40% above median its 10-year median of 5.00)
GF Value™: $133.39 vs. price of $15.00 (88.8% below fair value)
Industry Position: 40% above the Asset Management median (#108 of 1583)
No single metric tells the full story. See the RGT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Royce Global Value Trust Inc is a diversified closed-end investment company. The Fund spreads its investments across diversified sectors such as information technology, consumer discretionary, health care, materials, consumer staples and energy. Geographically, it has presence in the United Kingdom, Japan, the United States, Canada, France, Hong Kong and Germany.
52GF Score
Get the complete analysis for RGT
Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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