Beneficient
BENF Financial Asset Management
In the quarter to June 2026, revenue grew 196.4%, EPS grew 99.2%, free cash flow grew 62.5% and total debt fell 10.7%, each against the same quarter a year earlier. Insiders bought in the last twelve months.
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Beneficient (BENF) Piotroski F-score
Beneficient's Piotroski F-score for fiscal 2023 cannot be worked out: no comparable prior fiscal year (a missing year or a changed year end).
Piotroski F-score, annual
Annual newest first
| Period | Piotroski F-score | Change (points) |
|---|
How fiscal 2023’s score is made up
| Test | This year | Year before | Result | Points |
|---|---|---|---|---|
| Positive return on assets | — | — | n/a | — |
| Positive operating cash flow | (95.12m) | — | Fail | 0 |
| Rising return on assets | — | — | n/a | — |
| Cash flow above net income | 35.86m | — | Pass | 1 |
| Falling long-term leverage | — | — | n/a | — |
| Rising current ratio | — | — | n/a | — |
| No new shares issued | 67,486,200 | — | n/a | — |
| Rising gross margin | — | — | n/a | — |
| Rising asset turnover | — | — | n/a | — |
| Piotroski F-score | n/a — no comparable prior fiscal year (a missing year or a changed year end) | — | ||
How the Piotroski F-score works
One point for each of nine tests, this fiscal year against the one before: positive return on assets, positive operating cash flow, rising return on assets, cash flow above net income, falling long-term leverage, a rising current ratio, no new shares issued, a rising gross margin and rising asset turnover. The ratios are the ones on this site, so each can be checked.
Joseph Piotroski (2000) called 8–9 high and 0–1 low; reading it in three bands is the common convention:
| 7–9 | Strong — most fundamentals improved |
|---|---|
| 4–6 | Mixed |
| 0–3 | Weak — most fundamentals deteriorated |
Where this differs from the paper: return on assets is on average rather than beginning-of-year assets, and weighted basic shares stand in for shares issued. The score is shown only when all nine tests can be worked out, which takes three fiscal years; banks and insurers, which report no current assets or gross profit, have none.
Piotroski F-score against peers
| Company | Piotroski F-score |
|---|---|
| BCG Binah Capital Group, Inc. compare | 7 |
| GROW U.S. Global Investors, Inc. compare | 5 |
| JP Jupai Holdings Limited compare | 5 |
| INV Innventure, Inc. compare | 4 |
| RAND Rand Capital Corporation compare | 4 |
| FGC FG Communities Holdings Inc. compare | 3 |
| AMTD AMTD IDEA Group compare | 3 |
| EQS Equus Total Return, Inc. compare | 2 |
| BENF Beneficient | — |
What Piotroski F-score is
The Piotroski F-Score tells an investor how many signs of improving profitability, funding and efficiency a company shows against a year earlier.
One point for each of nine tests against a year earlier: positive return on assets, positive operating cash flow, rising return on assets, cash flow above net income, falling long-term leverage, rising current ratio, no new shares issued, rising gross margin, and rising asset turnover