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.
Sendas Distribuidora's Sloan Ratio for the quarter that ended in Mar. 2026 was 0.00%.
As of Mar. 2026, Sendas Distribuidora has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.
Sendas Distribuidora (OTCPK:ASAIY) 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, Sendas Distribuidora has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.
Sendas Distribuidora Sloan Ratio % Related Terms
Sendas Distribuidora Sloan Ratio % Historical Data
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The historical data trend for Sendas Distribuidora's Sloan Ratio % 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.
For the Grocery Stores subindustry, Sendas Distribuidora'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.
Sendas Distribuidora Sloan Ratio % vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Sendas Distribuidora's Sloan Ratio % distribution charts can be found below:
* The bar in red indicates where Sendas Distribuidora's Sloan Ratio % falls into.
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.
Sendas Distribuidora's Sloan Ratio for the fiscal year that ended in Dec. 2025 is calculated as
Sendas Distribuidora's Net Income for the trailing twelve months (TTM) ended in Mar. 2026 was 39.489 (Jun. 2025 ) + 28.342 (Sep. 2025 ) + 1.65 (Dec. 2025 ) + 61.19 (Mar. 2026 ) = $131 Mil.
Sendas Distribuidora's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was 177.792 (Jun. 2025 ) + 294.238 (Sep. 2025 ) + 0 (Dec. 2025 ) + -76.679 (Mar. 2026 ) = $395 Mil.
Sendas Distribuidora's Cash Flow from Investing for the trailing twelve months (TTM) ended in Mar. 2026 was -32.998 (Jun. 2025 ) + -38.038 (Sep. 2025 ) + 0 (Dec. 2025 ) + -25.05 (Mar. 2026 ) = $-96 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.
Sendas Distribuidora (ASAIY) has a Sloan Ratio % of 0.00% as of Mar. 2026. Sloan ratio measures earnings quality based on the amount of accruals. View historical data on Sendas Distribuidora and its competitors.
Is Sendas Distribuidora's Sloan Ratio % too high?
Sendas Distribuidora's current Sloan Ratio % is 0.00%. Overall, Sendas Distribuidora has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sendas Distribuidora's Sloan Ratio % compare to KR and SFM?
Sendas Distribuidora's Sloan Ratio % of 0.00% can be compared against companies in the Retail - Defensive 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 Retail - Defensive company?
A good Sloan Ratio % depends on the Retail - Defensive 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 Sendas Distribuidora and its competitors. Sendas Distribuidora's current Sloan Ratio % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sendas Distribuidora stock overvalued right now?
Based on GuruFocus' analysis, Sendas Distribuidora (ASAIY) is currently considered Modestly Undervalued. The stock's GF Value™ is $10.22, compared to a current price of $8.21 — trading 19.7% below its estimated fair value. The current Sloan Ratio % is 0.00%. Sendas Distribuidora's overall GF Score™ is 84/100 with 6 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 Sendas Distribuidora (ASAIY), the current Sloan Ratio % is 0.00% 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 Sendas Distribuidora (ASAIY) Overvalued in 2026?
Based on GuruFocus' analysis, Sendas Distribuidora stock appears to be undervalued.
The current stock price of $8.21 is trading 19.7% below its estimated GF Value™ of $10.22.
GuruFocus considers Sendas Distribuidora to be Modestly Undervalued.
Key valuation signals for ASAIY:
Sloan Ratio %: 0.00%
GF Value™: $10.22 vs. price of $8.21 (19.7% below fair value)
No single metric tells the full story. See the ASAIY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sendas Distribuidora SA is involved in the consumer goods business. Its cash and carry operations involve sales of items of grocery, food, perishable, beverage, wrapping, hygiene, and cleaning products, among others. Its customers include prepared food retailers (including restaurants, pizzerias, and snack bars), end-users (including schools, small businesses, religious institutions, hospitals, and hotels), conventional retailers such as grocery stores and neighborhood supermarkets, and individuals. Its stores are located throughout Brazilian states.
84GF Score
Get the complete analysis for ASAIY
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