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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.
Arandu Investimentos's Sloan Ratio for the quarter that ended in Jun. 2026 was -7.02%.
Warning Sign:
When sloan ratio (-346.37)% higher than 25% or lower than -25%, earnings are more likely to be made up of accruals.
As of Jun. 2026, Arandu Investimentos has a Sloan Ratio of -7.02%, indicating the company is in the safe zone and there is no funny business with accruals.
Arandu Investimentos (BSP:ARND3) 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 Jun. 2026, Arandu Investimentos has a Sloan Ratio of -7.02%, indicating the company is in the safe zone and there is no funny business with accruals.
Arandu Investimentos Sloan Ratio % Related Terms
Arandu Investimentos Sloan Ratio % Historical Data
* Premium members only.
The historical data trend for Arandu Investimentos'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.
BSP:ARND3 vs BLK, BX, KKR: Sloan Ratio % Comparison
For the Asset Management subindustry, Arandu Investimentos'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.
Arandu Investimentos Sloan Ratio % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Arandu Investimentos's Sloan Ratio % distribution charts can be found below:
* The bar in red indicates where Arandu Investimentos'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.
Arandu Investimentos's Sloan Ratio for the fiscal year that ended in Dec. 2025 is calculated as
Arandu Investimentos's Net Income for the trailing twelve months (TTM) ended in Jun. 2026 was -11.859 (Sep. 2025 ) + -0.22 (Dec. 2025 ) + 17.605 (Mar. 2026 ) + -5.512 (Jun. 2026 ) = R$0.01 Mil.
Arandu Investimentos's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was -42.485 (Sep. 2025 ) + 95.527 (Dec. 2025 ) + 61.169 (Mar. 2026 ) + -9.845 (Jun. 2026 ) = R$104.37 Mil.
Arandu Investimentos's Cash Flow from Investing for the trailing twelve months (TTM) ended in Jun. 2026 was 77.622 (Sep. 2025 ) + -117.492 (Dec. 2025 ) + -53.502 (Mar. 2026 ) + 1.018 (Jun. 2026 ) = R$-92.35 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.
Arandu Investimentos (BSP:ARND3) has a Sloan Ratio % of -7.02% as of Jun. 2026. Sloan ratio measures earnings quality based on the amount of accruals. View historical data on Arandu Investimentos and its competitors.
Is Arandu Investimentos' Sloan Ratio % too high?
Arandu Investimentos' current Sloan Ratio % is -7.02%. Overall, Arandu Investimentos has a GF Score™ of 36/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Arandu Investimentos' Sloan Ratio % compare to BLK and BX?
Arandu Investimentos' Sloan Ratio % of -7.02% can be compared against companies in the Asset Management 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 an Asset Management company?
A good Sloan Ratio % depends on the Asset Management 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 Arandu Investimentos and its competitors. Arandu Investimentos's current Sloan Ratio % is -7.02%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Arandu Investimentos stock overvalued right now?
Based on GuruFocus' analysis, Arandu Investimentos (BSP:ARND3) is currently considered Possible Value Trap. The stock's GF Value™ is R$1.23, compared to a current price of R$0.50 — trading 59.3% below its estimated fair value. The current Sloan Ratio % is -7.02%. Arandu Investimentos' overall GF Score™ is 36/100 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 Arandu Investimentos (BSP:ARND3), the current Sloan Ratio % is -7.02% as of Jun. 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 Arandu Investimentos (BSP:ARND3) Overvalued in 2026?
Based on GuruFocus' analysis, Arandu Investimentos stock appears to be undervalued.
The current stock price of R$0.50 is trading 59.3% below its estimated GF Value™ of R$1.23.
GuruFocus considers Arandu Investimentos to be Possible Value Trap.
Key valuation signals for BSP:ARND3:
Sloan Ratio %: -7.02%
GF Value™: R$1.23 vs. price of R$0.50 (59.3% below fair value)
No single metric tells the full story. See the BSP:ARND3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Arandu Investimentos SA, formerly known as REAG Investimentos SA, is an independent business platform that develops customized financial solutions. The company has a wide portfolio of financial products and services allows customer segments to consider different objectives and risk profiles. The financial solutions of the company are structured and interconnected by Business Areas and supported by management, resource management, securitization, and fiduciary services.
36GF 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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