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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, Transport Trade Services has a Sloan Ratio of 1.65%, indicating the company is in the safe zone and there is no funny business with accruals.
Transport Trade Services (BSE:TTS) 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, Transport Trade Services has a Sloan Ratio of 1.65%, indicating the company is in the safe zone and there is no funny business with accruals.
Transport Trade Services Sloan Ratio % Related Terms
Transport Trade Services 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.
BSE:TTS vs UPS, FDX, JBHT: Sloan Ratio % Comparison
For the Integrated Freight & Logistics subindustry, Transport Trade Services'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.
Transport Trade Services Sloan Ratio % vs Transportation Industry
For the Transportation industry and Industrials sector, Transport Trade Services's Sloan Ratio % distribution charts can be found below:
* The bar in red indicates where Transport Trade Services's Sloan Ratio % falls into.
Transport Trade Services 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.
Transport Trade Services's Sloan Ratio for the fiscal year that ended in Dec. 2025 is calculated as
Transport Trade Services's Net Income for the trailing twelve months (TTM) ended in Mar. 2026 was -3.714 (Jun. 2025 ) + 10.989 (Sep. 2025 ) + -6.011 (Dec. 2025 ) + -1.221 (Mar. 2026 ) = lei0.0 Mil.
Transport Trade Services's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was 23.328 (Jun. 2025 ) + 37.474 (Sep. 2025 ) + 2.562 (Dec. 2025 ) + 23.103 (Mar. 2026 ) = lei86.5 Mil.
Transport Trade Services's Cash Flow from Investing for the trailing twelve months (TTM) ended in Mar. 2026 was -41.206 (Jun. 2025 ) + -38.006 (Sep. 2025 ) + -10.887 (Dec. 2025 ) + -18.45 (Mar. 2026 ) = lei-108.5 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.
Transport Trade Services (BSE:TTS) has a Sloan Ratio % of 1.65% as of Mar. 2026. Sloan ratio measures earnings quality based on the amount of accruals. View historical data on Transport Trade Services and its competitors.
Is Transport Trade Services' Sloan Ratio % too high?
Transport Trade Services' current Sloan Ratio % is 1.65%. Overall, Transport Trade Services has a GF Score™ of 88/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Transport Trade Services' Sloan Ratio % compare to UPS and FDX?
Transport Trade Services' Sloan Ratio % of 1.65% can be compared against companies in the Transportation 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 Transportation company?
A good Sloan Ratio % depends on the Transportation 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 Transport Trade Services and its competitors. Transport Trade Services's current Sloan Ratio % is 1.65%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Transport Trade Services stock overvalued right now?
Based on GuruFocus' analysis, Transport Trade Services (BSE:TTS) is currently considered Significantly Overvalued. The stock's GF Value™ is lei5.21, compared to a current price of lei7.22 — trading 38.6% above its estimated fair value. The current Sloan Ratio % is 1.65%. Transport Trade Services' overall GF Score™ is 88/100 with 11 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 Transport Trade Services (BSE:TTS), the current Sloan Ratio % is 1.65% 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 Transport Trade Services (BSE:TTS) Overvalued in 2026?
Based on GuruFocus' analysis, Transport Trade Services stock appears to be overvalued.
The current stock price of lei7.22 is trading 38.6% above its estimated GF Value™ of lei5.21.
GuruFocus considers Transport Trade Services to be Significantly Overvalued.
Key valuation signals for BSE:TTS:
Sloan Ratio %: 1.65%
GF Value™: lei5.21 vs. price of lei7.22 (38.6% above fair value)
No single metric tells the full story. See the BSE:TTS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Transport Trade Services is engaged in the provision of transport services. The company operates as a sender of goods in domestic and international transport, on interior riverways, offering integrated/modular transport services. The main freight transported and operated in the ports by the company are mineral products (raw materials for the steel industry and rolled products), agricultural products (cereals, oilseeds and feed) and chemical products (phosphate rock and finished products of the chemical fertilizer industry). It operates in three main business segments: Forwarding, River Transport, Port Operationsa and Others. The majority of the company's revenue is derived from the Forwarding segment.
88GF Score
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Sloan Ratio % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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