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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.
Mission Produce's Sloan Ratio for the quarter that ended in Apr. 2026 was -1.09%.
As of Apr. 2026, Mission Produce has a Sloan Ratio of -1.09%, indicating the company is in the safe zone and there is no funny business with accruals.
Mission Produce (NAS:AVO) 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 Apr. 2026, Mission Produce has a Sloan Ratio of -1.09%, indicating the company is in the safe zone and there is no funny business with accruals.
Mission Produce Sloan Ratio % Related Terms
Mission Produce Sloan Ratio % Historical Data
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The historical data trend for Mission Produce'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 Food Distribution subindustry, Mission Produce'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.
Mission Produce Sloan Ratio % vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Mission Produce's Sloan Ratio % distribution charts can be found below:
* The bar in red indicates where Mission Produce'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.
Mission Produce's Sloan Ratio for the fiscal year that ended in Oct. 2025 is calculated as
Mission Produce's Net Income for the trailing twelve months (TTM) ended in Apr. 2026 was 14.7 (Jul. 2025 ) + 16 (Oct. 2025 ) + -0.7 (Jan. 2026 ) + -7.2 (Apr. 2026 ) = $23 Mil.
Mission Produce's Cash Flow from Operations for the trailing twelve months (TTM) ended in Apr. 2026 was 34.4 (Jul. 2025 ) + 67.2 (Oct. 2025 ) + -3 (Jan. 2026 ) + -18 (Apr. 2026 ) = $81 Mil.
Mission Produce's Cash Flow from Investing for the trailing twelve months (TTM) ended in Apr. 2026 was -11.8 (Jul. 2025 ) + -11.9 (Oct. 2025 ) + -11.8 (Jan. 2026 ) + -11.3 (Apr. 2026 ) = $-47 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.
Mission Produce (AVO) has a Sloan Ratio % of -1.09% as of Apr. 2026. Sloan ratio measures earnings quality based on the amount of accruals. View historical data on Mission Produce and its competitors.
Is Mission Produce's Sloan Ratio % too high?
Mission Produce's current Sloan Ratio % is -1.09%. Overall, Mission Produce has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mission Produce's Sloan Ratio % compare to WILC and HFFG?
Mission Produce's Sloan Ratio % of -1.09% 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 Mission Produce and its competitors. Mission Produce's current Sloan Ratio % is -1.09%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mission Produce stock overvalued right now?
Based on GuruFocus' analysis, Mission Produce (AVO) is currently considered Fairly Valued. The stock's GF Value™ is $13.01, compared to a current price of $13.59 — trading 4.4% above its estimated fair value. The current Sloan Ratio % is -1.09%. Mission Produce's overall GF Score™ is 71/100 with 8 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 Mission Produce (AVO), the current Sloan Ratio % is -1.09% as of Apr. 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 Mission Produce (AVO) Overvalued in 2026?
Based on GuruFocus' analysis, Mission Produce stock appears to be overvalued.
The current stock price of $13.59 is trading 4.4% above its estimated GF Value™ of $13.01.
GuruFocus considers Mission Produce to be Fairly Valued.
Key valuation signals for AVO:
Sloan Ratio %: -1.09%
GF Value™: $13.01 vs. price of $13.59 (4.4% above fair value)
No single metric tells the full story. See the AVO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mission Produce Inc produces, packs, and distributes mainly Hass avocados to retail, wholesale, and food service customers, offering pre-ripe and ripened fruit tailored to customer specifications through its network of ripening facilities. The Company operates through three segments: Marketing & Distribution, which sources and distributes fruit globally and generates the majority of revenue; International Farming, which owns and operates avocado orchards and supplies fruit mainly to Marketing & Distribution, with operations principally in Peru and Guatemala; and Blueberries, which farms blueberries sold under an exclusive marketing agreement. The Company's operations span Peru, the United States, Guatemala, Mexico, Europe, and Canada.
71GF Score
Get the complete analysis for AVO
Sloan Ratio % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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