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Richard Sloan from the University of Michigan was first to document what is referred to as the "accrual anomaly". His 1996 paper found that shares of companies with small or negative accruals vastly outperform (+10%) those of companies with large ones.
As of Mar. 2026, Asian Pay Television Trust has a Sloan Ratio of -3.65%, indicating the company is in the safe zone and there is no funny business with accruals.
Asian Pay Television Trust (OTCPK:APTTF) Sloan Ratio % Explanation
A former University of Michigan researcher, Richard Sloan's 1996 paper found that shares of companies with small or negative accruals vastly outperform (+10%) those of companies with large ones. In fact, for the 40-year period between 1962 and 2001, buying the lowest accrual companies and shorting the highest accrual companies resulted in an average annual compounded return of 18%, more than double the S&P 500's 7.4% annual return over the same period.
If the Sloan Ratio is between -10% and 10%, the company is in the safe zone and there is no funny business with accruals.
If the Sloan Ratio is less than between -25% and -10% on the negative side, and between 10% and 25% on the positive side, this is a warning stage of accrual build up.
If the Sloan Ratio is less than -25% or greater than 25%, and this ratio is consistent over several quarters or even years, be careful. Earnings are highly likely to be made up of accruals.
As of Mar. 2026, Asian Pay Television Trust has a Sloan Ratio of -3.65%, indicating the company is in the safe zone and there is no funny business with accruals.
Asian Pay Television Trust Sloan Ratio % Related Terms
Asian Pay Television Trust Sloan Ratio % 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.
For the Entertainment subindustry, Asian Pay Television Trust's Sloan Ratio %, along with its competitors' market caps and Sloan Ratio % 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.
Asian Pay Television Trust Sloan Ratio % vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Asian Pay Television Trust's Sloan Ratio % distribution charts can be found below:
* The bar in red indicates where Asian Pay Television Trust's Sloan Ratio % falls into.
Asian Pay Television Trust Sloan Ratio % Calculation
Earnings contain a lot of non cash earnings which is called accruals. The Sloan ratio is a way to identify firms with low non-cash or accrual-derived earnings relative to their cash flow.
Asian Pay Television Trust's Net Income for the trailing twelve months (TTM) ended in Mar. 2026 was -11.372 (Jun. 2025 ) + 9.765 (Sep. 2025 ) + 8.096 (Dec. 2025 ) + 6.446 (Mar. 2026 ) = $12.9 Mil.
Asian Pay Television Trust's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was 27.423 (Jun. 2025 ) + 15.369 (Sep. 2025 ) + 27.656 (Dec. 2025 ) + 21.752 (Mar. 2026 ) = $92.2 Mil.
Asian Pay Television Trust's Cash Flow from Investing for the trailing twelve months (TTM) ended in Mar. 2026 was -4.719 (Jun. 2025 ) + -6.319 (Sep. 2025 ) + -8.314 (Dec. 2025 ) + -3.93 (Mar. 2026 ) = $-23.3 Mil.
* 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.
Asian Pay Television Trust (APTTF) has a Sloan Ratio % of -3.65% as of Mar. 2026. Sloan ratio measures earnings quality based on the amount of accruals. View historical data on Asian Pay Television Trust and its competitors.
Is Asian Pay Television Trust's Sloan Ratio % too high?
Asian Pay Television Trust's current Sloan Ratio % is -3.65%. Overall, Asian Pay Television Trust has a GF Score™ of 45/100, reflecting its overall financial health beyond just this single metric.
How does Asian Pay Television Trust's Sloan Ratio % compare to NFLX and DIS?
Asian Pay Television Trust's Sloan Ratio % of -3.65% can be compared against companies in the Media - Diversified industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Sloan Ratio % for a Media - Diversified company?
A good Sloan Ratio % depends on the Media - Diversified industry context. However, Sloan Ratio % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Sloan Ratio % mean?
A high Sloan Ratio % can signal that a stock is expensive relative to its fundamentals. Sloan ratio measures earnings quality based on the amount of accruals. View historical data on Asian Pay Television Trust and its competitors. Asian Pay Television Trust's current Sloan Ratio % is -3.65%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asian Pay Television Trust stock overvalued right now?
Asian Pay Television Trust (APTTF) has a current Sloan Ratio % of -3.65%. The stock's GF Value™ is $0.04, compared to a current price of $0.04 — trading 4% below its estimated fair value. The current Sloan Ratio % is -3.65%. Asian Pay Television Trust's overall GF Score™ is 45/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Sloan Ratio % calculated?
Sloan Ratio % is calculated from a company's financial statements. For Asian Pay Television Trust (APTTF), the current Sloan Ratio % is -3.65% as of Mar. 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 Asian Pay Television Trust (APTTF) Overvalued in 2026?
Based on GuruFocus' analysis, Asian Pay Television Trust stock appears to be undervalued.
The current stock price of $0.04 is trading 4% below its estimated GF Value™ of $0.04.
Key valuation signals for APTTF:
Sloan Ratio %: -3.65%
GF Value™: $0.04 vs. price of $0.04 (4% below fair value)
No single metric tells the full story. See the APTTF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Asian Pay Television Trust is an investment trust engaged in acquiring, owning, and operating pay-TV and broadband businesses. The trust mainly operates through its key asset, Taiwan Broadband Communications Group, which provides cable television and broadband services in Taiwan. It generates revenue from subscription services, advertising, channel leasing, and installation services for both cable TV and broadband offerings. The group is principally engaged in providing cable TV and broadband services in Taiwan.
45GF Score
Get the complete analysis for APTTF
Sloan Ratio % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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