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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.
Activia Properties's Sloan Ratio for the quarter that ended in May. 2026 was -0.05%.
As of May. 2026, Activia Properties has a Sloan Ratio of -0.05%, indicating the company is in the safe zone and there is no funny business with accruals.
Activia Properties (OTCPK:ATVXF) 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 May. 2026, Activia Properties has a Sloan Ratio of -0.05%, indicating the company is in the safe zone and there is no funny business with accruals.
Activia Properties Sloan Ratio % Related Terms
Activia Properties Sloan Ratio % Historical Data
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The historical data trend for Activia Properties'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 REIT - Diversified subindustry, Activia Properties'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.
Activia Properties Sloan Ratio % vs REITs Industry
For the REITs industry and Real Estate sector, Activia Properties's Sloan Ratio % distribution charts can be found below:
* The bar in red indicates where Activia Properties'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.
Activia Properties's Sloan Ratio for the fiscal year that ended in Nov. 2025 is calculated as
For company reported semi-annually, GuruFocus uses latest two semi-annual data as the TTM data.
Activia Properties's Net Income for the trailing twelve months (TTM) ended in May. 2026 was 47.663 (Nov. 2025 ) + 53.47 (May. 2026 ) = $101.1 Mil.
Activia Properties's Cash Flow from Operations for the trailing twelve months (TTM) ended in May. 2026 was 61.258 (Nov. 2025 ) + 94.155 (May. 2026 ) = $155.4 Mil.
Activia Properties's Cash Flow from Investing for the trailing twelve months (TTM) ended in May. 2026 was -6.148 (Nov. 2025 ) + -46.196 (May. 2026 ) = $-52.3 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.
Activia Properties (ATVXF) has a Sloan Ratio % of -0.05% as of May. 2026. Sloan ratio measures earnings quality based on the amount of accruals. View historical data on Activia Properties and its competitors.
Is Activia Properties' Sloan Ratio % too high?
Activia Properties' current Sloan Ratio % is -0.05%. Overall, Activia Properties has a GF Score™ of 61/100, reflecting its overall financial health beyond just this single metric.
How does Activia Properties' Sloan Ratio % compare to VICI and WPC?
Activia Properties' Sloan Ratio % of -0.05% can be compared against companies in the REITs 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 REITs company?
A good Sloan Ratio % depends on the REITs 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 Activia Properties and its competitors. Activia Properties's current Sloan Ratio % is -0.05%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Activia Properties stock overvalued right now?
Activia Properties (ATVXF) has a current Sloan Ratio % of -0.05%. The stock's GF Value™ is $882.69, compared to a current price of $915.33 — trading 3.7% above its estimated fair value. The current Sloan Ratio % is -0.05%. Activia Properties' overall GF Score™ is 61/100 with 10 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 Activia Properties (ATVXF), the current Sloan Ratio % is -0.05% as of May. 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 Activia Properties (ATVXF) Overvalued in 2026?
Based on GuruFocus' analysis, Activia Properties stock appears to be overvalued.
The current stock price of $915.33 is trading 3.7% above its estimated GF Value™ of $882.69.
Key valuation signals for ATVXF:
Sloan Ratio %: -0.05%
GF Value™: $882.69 vs. price of $915.33 (3.7% above fair value)
No single metric tells the full story. See the ATVXF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Activia Properties Inc, or API, is a Japanese real estate investment trust principally involved in the ownership of properties in the Greater Tokyo area. The majority of these properties are either urban retail units near train stations, corporate office properties, or other popular areas in Tokyo. API derives the vast majority of its income in the form of rental revenue from its real estate holdings. Its urban retail properties encompass the larger overall share of these holdings. The company's tenants include the Tokyu Land Corporation, a Japanese railway operator. Tokyu Land Corp is also the controlling shareholder of the firm that works with Activia through an asset management agreement, TLC Activia Investment Management Inc.
61GF Score
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