Global Dividend Growth SplitTSX:GDV +1.08%60 Piotroski F-Score is 4 as of Jun. 26, 2026, which is 20% below its 10-year median of 5.00. GuruFocus rates TSX:GDV with a GF Score™ of 60/100 and a GF Value™ of C$10.57 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,597 Asset Management companies, Global Dividend Growth Split ranks worse than 56.79% 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
Global Dividend Growth Split has an F-score of 4 indicating the company's financial situation is typical for a stable company.
The historical rank and industry rank for Global Dividend Growth Split's Piotroski F-Score or its related term are showing as below:
TSX:GDV'
s Piotroski F-Score Range Over the Past 10 Years
Min: 2 Med: 5 Max: 7
Current: 4
During the past 8 years, the highest Piotroski F-Score of Global Dividend Growth Split was 7. The lowest was 2. And the median was 5.
Global Dividend Growth Split (TSX:GDV) 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.
Global Dividend Growth Split Piotroski F-Score Related Terms
Global Dividend Growth Split 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.
Global Dividend Growth Split Piotroski F-Score Chart
TSX:GDV vs BLK, BX, KKR: Piotroski F-Score Comparison
For the Asset Management subindustry, Global Dividend Growth Split'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.
Global Dividend Growth Split Piotroski F-Score vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Global Dividend Growth Split's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Global Dividend Growth Split'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.
Global Dividend Growth Split's current Net Income (TTM) was 54.24.
==> 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.
Global Dividend Growth Split's current Cash Flow from Operations (TTM) was 16.05.
==> 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.
Global Dividend Growth Split's return on assets of this year was 0.15734109. Global Dividend Growth Split's return on assets of last year was 0.23576493.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Global Dividend Growth Split's gearing of this year was 0. Global Dividend Growth Split'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.
Global Dividend Growth Split's current ratio of this year was 2.23314426. Global Dividend Growth Split's current ratio of last year was 2.02481849.
==> 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.
Global Dividend Growth Split's number of shares in issue this year was 18.343. Global Dividend Growth Split's number of shares in issue last year was 18.152.
==> 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.
Global Dividend Growth Split's net margin of this year was 0.97638036. Global Dividend Growth Split's net margin of last year was 0.98016054.
==> 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
Global Dividend Growth Split's asset turnover of this year was 0.16114733. Global Dividend Growth Split's asset turnover of last year was 0.24053705.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
Piotroski F-Score
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Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Global Dividend Growth Split has an F-score of 4 indicating the company's financial situation is typical for a stable company.
Global Dividend Growth Split (TSX:GDV) has a Piotroski F-Score of 4 as of Jun. 26, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Global Dividend Growth Split and its competitors. This is 20% below median its historical median of 5.00. Over the past decade, Global Dividend Growth Split's Piotroski F-Score has ranged from 2.00 to 7.00. According to the industry distribution chart, Global Dividend Growth Split ranks #907 out of 1597 companies in the Asset Management industry, placing it in the top 56.8%.
Is Global Dividend Growth Split's Piotroski F-Score too high?
Global Dividend Growth Split's current Piotroski F-Score of 4 is 20% below median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 7.00. The Asset Management industry median Piotroski F-Score is 5.00. Global Dividend Growth Split's value of 4 is 20% below this industry median. Based on the distribution chart, Global Dividend Growth Split ranks #907 out of 1597 companies in the Asset Management industry, which is below the industry midpoint. Overall, Global Dividend Growth Split has a GF Score™ of 60/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Global Dividend Growth Split's Piotroski F-Score compare to BLK and BX?
According to the Asset Management industry distribution chart, Global Dividend Growth Split ranks #907 out of 1597 companies for Piotroski F-Score. This places Global Dividend Growth Split in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Global Dividend Growth Split's value of 4 is 20% below this benchmark. Historically, Global Dividend Growth Split's own Piotroski F-Score has ranged from 2.00 to 7.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Global Dividend Growth Split has consistently been below 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 1,597 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. Global Dividend Growth Split's current Piotroski F-Score of 4 is 20% below 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 Global Dividend Growth Split 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. Global Dividend Growth Split's current Piotroski F-Score is 4, which is 20% below 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 Global Dividend Growth Split stock overvalued right now?
Based on GuruFocus' analysis, Global Dividend Growth Split (TSX:GDV) is currently considered Modestly Overvalued. The stock's GF Value™ is C$10.57, compared to a current price of C$12.15 — trading 14.9% above its estimated fair value. The current Piotroski F-Score is 4, which is 20% below median its 10-year median of 5.00 and 20% below the Asset Management industry median of 5.00. Global Dividend Growth Split's overall GF Score™ is 60/100 with 6 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 Global Dividend Growth Split (TSX:GDV), the current Piotroski F-Score is 4 as of Jun. 26, 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 Global Dividend Growth Split (TSX:GDV) Overvalued in 2026?
Based on GuruFocus' analysis, Global Dividend Growth Split stock appears to be overvalued.
The current stock price of C$12.15 is trading 14.9% above its estimated GF Value™ of C$10.57.
GuruFocus considers Global Dividend Growth Split to be Modestly Overvalued.
Key valuation signals for TSX:GDV:
Piotroski F-Score: 4 (20% below median its 10-year median of 5.00)
GF Value™: C$10.57 vs. price of C$12.15 (14.9% above fair value)
Industry Position: 20% below the Asset Management median (#907 of 1597)
No single metric tells the full story. See the TSX:GDV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Global Dividend Growth Split Corp is a mutual fund corporation established to provide holders of Preferred Shares with fixed, cumulative, preferential quarterly cash distributions and the return of the original issue price of the Preferred Shares at maturity. It also provides holders of Class A Shares with monthly non-cumulative cash distributions and the opportunity for growth in Net Asset Value per Class A Share through exposure to the portfolio. Its portfolio is invested across Asia, Europe, and North America, including Japan, France, Great Britain, Italy, Spain, Canada, and the United States, with exposure to Industrials, Consumer Staples, Financials, Healthcare, Utilities, Materials, Consumer Discretionary, Energy, Information Technology, Communication Services, and Real Estate.
60GF Score
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