RSF (RiverNorth Capital andome Fund) Piotroski F-Score: 6 (As of Jun. 25, 2026) — 20% Above Median


RSF RiverNorth Capital and Income Fund RSF
48 GF Score
Price $14.62
GF Value $10.58
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is RiverNorth Capital andome Fund Piotroski F-Score?

RiverNorth Capital andome Fund RSF +0.17% 48 Piotroski F-Score is 6 as of Jun. 25, 2026, which is 20% above its 10-year median of 5.00. GuruFocus rates RSF with a GF Score™ of 48/100 and a GF Value™ of $10.58 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,601 Asset Management companies, RiverNorth Capital andome Fund ranks better than 82.76% 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

RiverNorth Capital andome Fund has an F-score of 6 indicating the company's financial situation is typical for a stable company.

The historical rank and industry rank for RiverNorth Capital andome Fund's Piotroski F-Score or its related term are showing as below:

RSF' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 5   Max: 6
Current: 6

During the past 7 years, the highest Piotroski F-Score of RiverNorth Capital andome Fund was 6. The lowest was 4. And the median was 5.

RiverNorth Capital andome Fund  (NYSE:RSF) 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.


RiverNorth Capital andome Fund Piotroski F-Score Related Terms


RiverNorth Capital andome Fund Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for RiverNorth Capital andome Fund'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.

RiverNorth Capital andome Fund Piotroski F-Score Chart

RiverNorth Capital andome Fund Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Piotroski F-Score
Get a 7-Day Free Trial 5.00 4.00 6.00 5.00 6.00

RiverNorth Capital andome Fund Semi-Annual Data
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 0.00 5.00 0.00 6.00 0.00

RSF vs MXE, JMM, FGNX: Piotroski F-Score Comparison

For the Asset Management subindustry, RiverNorth Capital andome Fund'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.


RiverNorth Capital andome Fund Piotroski F-Score vs Asset Management Industry

For the Asset Management industry and Financial Services sector, RiverNorth Capital andome Fund's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where RiverNorth Capital andome Fund's Piotroski F-Score falls into.


RSF
48GF Score
RiverNorth Capital and Income Fund RSF
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 (Jun25) TTM:Last Year (Jun24) TTM:
Net Income was $3.54 Mil.
Cash Flow from Operations was $67.23 Mil.
Revenue was $6.06 Mil.
Average Total Assets from the begining of this year (Jun24)
to the end of this year (Jun25) was (116.393 + 52.51) / 2 = $84.4515 Mil.
Total Assets at the begining of this year (Jun24) was $116.39 Mil.
Long-Term Debt & Capital Lease Obligation was $0.00 Mil.
Total Assets was $52.51 Mil.
Total Liabilities was $0.13 Mil.
Net Income was $7.24 Mil.

Revenue was $11.52 Mil.
Average Total Assets from the begining of last year (Jun23)
to the end of last year (Jun24) was (109.475 + 116.393) / 2 = $112.934 Mil.
Total Assets at the begining of last year (Jun23) was $109.48 Mil.
Long-Term Debt & Capital Lease Obligation was $7.50 Mil.
Total Assets was $116.39 Mil.
Total Liabilities was $49.25 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.

RiverNorth Capital andome Fund's current Net Income (TTM) was 3.54. ==> 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.

RiverNorth Capital andome Fund's current Cash Flow from Operations (TTM) was 67.23. ==> 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 (Jun24)
=3.54/116.393
=0.0304142

ROA (Last Year)=Net Income/Total Assets (Jun23)
=7.241/109.475
=0.06614296

RiverNorth Capital andome Fund's return on assets of this year was 0.0304142. RiverNorth Capital andome Fund's return on assets of last year was 0.06614296. ==> 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.

RiverNorth Capital andome Fund's current Net Income (TTM) was 3.54. RiverNorth Capital andome Fund's current Cash Flow from Operations (TTM) was 67.23. ==> 67.23 > 3.54 ==> 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: Jun25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun24 to Jun25
=0/84.4515
=0

Gearing (Last Year: Jun24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun23 to Jun24
=7.5/112.934
=0.06641047

RiverNorth Capital andome Fund's gearing of this year was 0. RiverNorth Capital andome Fund's gearing of last year was 0.06641047. ==> 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
=52.51/0.125
=420.08

Current Ratio (Last Year: Jun24)=Total Assets/Total Liabilities
=116.393/49.254
=2.36311772

RiverNorth Capital andome Fund's current ratio of this year was 420.08. RiverNorth Capital andome Fund's current ratio of last year was 2.36311772. ==> 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.

RiverNorth Capital andome Fund's number of shares in issue this year was 3.726. RiverNorth Capital andome Fund's number of shares in issue last year was 3.727. ==> 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
=3.54/6.062
=0.58396569

Net Margin (Last Year: TTM)=Net Income/Revenue
=7.241/11.521
=0.62850447

RiverNorth Capital andome Fund's net margin of this year was 0.58396569. RiverNorth Capital andome Fund's net margin of last year was 0.62850447. ==> Last year's net margin is higher ==> Score 0.

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)
=6.062/116.393
=0.05208217

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Jun23)
=11.521/109.475
=0.10523864

RiverNorth Capital andome Fund's asset turnover of this year was 0.05208217. RiverNorth Capital andome Fund's asset turnover of last year was 0.10523864. ==> 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
=1+1+0+1+1+1+1+0+0
=6

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

RiverNorth Capital andome Fund has an F-score of 6 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 6 mean?
RiverNorth Capital andome Fund (RSF) has a Piotroski F-Score of 6 as of Jun. 25, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on RiverNorth Capital andome Fund and its competitors. This is 20% above median its historical median of 5.00. Over the past decade, RiverNorth Capital andome Fund's Piotroski F-Score has ranged from 4.00 to 6.00. According to the industry distribution chart, RiverNorth Capital andome Fund ranks #276 out of 1601 companies in the Asset Management industry, placing it in the top 17.2%.
Is RiverNorth Capital andome Fund's Piotroski F-Score too high?
RiverNorth Capital andome Fund's current Piotroski F-Score of 6 is 20% above median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 6.00. The Asset Management industry median Piotroski F-Score is 5.00. RiverNorth Capital andome Fund's value of 6 is 20% above this industry median. Based on the distribution chart, RiverNorth Capital andome Fund ranks #276 out of 1601 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, RiverNorth Capital andome Fund has a GF Score™ of 48/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does RiverNorth Capital andome Fund's Piotroski F-Score compare to MXE and JMM?
According to the Asset Management industry distribution chart, RiverNorth Capital andome Fund ranks #276 out of 1601 companies for Piotroski F-Score. This places RiverNorth Capital andome Fund in the top 17% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. RiverNorth Capital andome Fund's value of 6 is 20% above this benchmark. Historically, RiverNorth Capital andome Fund's own Piotroski F-Score has ranged from 4.00 to 6.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, RiverNorth Capital andome Fund 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. RiverNorth Capital andome Fund's current Piotroski F-Score of 6 is 20% 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 RiverNorth Capital andome Fund 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. RiverNorth Capital andome Fund's current Piotroski F-Score is 6, which is 20% 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 RiverNorth Capital andome Fund stock overvalued right now?
Based on GuruFocus' analysis, RiverNorth Capital andome Fund (RSF) is currently considered Significantly Overvalued. The stock's GF Value™ is $10.58, compared to a current price of $14.62 — trading 38.1% above its estimated fair value. The current Piotroski F-Score is 6, which is 20% above median its 10-year median of 5.00 and 20% above the Asset Management industry median of 5.00. RiverNorth Capital andome Fund's overall GF Score™ is 48/100 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 RiverNorth Capital andome Fund (RSF), the current Piotroski F-Score is 6 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.

Is RiverNorth Capital andome Fund (RSF) Overvalued in 2026?

Based on GuruFocus' analysis, RiverNorth Capital andome Fund stock appears to be overvalued. The current stock price of $14.62 is trading 38.1% above its estimated GF Value™ of $10.58. GuruFocus considers RiverNorth Capital andome Fund to be Significantly Overvalued.

Key valuation signals for RSF:

  • Piotroski F-Score: 6 (20% above median its 10-year median of 5.00)
  • GF Value™: $10.58 vs. price of $14.62 (38.1% above fair value)
  • GF Score™: 48/100 with 4 warning signs
  • Industry Position: 20% above the Asset Management median (#276 of 1601)

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


RiverNorth Capital andome Fund Business Description

Address 360 South Rosemary Avenue, Suite 1420, West Palm Beach, FL, USA, 33401
RiverNorth Capital and Income Fund is a diversified, closed-end management investment company. Its investment objective is to seek a high level of current income by investing in credit instruments, including a portfolio of securities of specialty finance and other financial companies.
48GF Score

Get the complete analysis for RSF

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

$14.62
Price
$10.58
GF Value