Hectare Student Housing I - Fundo DE Inv Em Particip Multiestrategia (BSP:HCST11) Sloan Ratio %: 0.00% (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BSP:HCST11 Hectare Student Housing I - Fundo DE Inv Em Particip Multiestrategia BSP:HCST11
25 GF Score
Price R$35.10
View Full Analysis

What is Hectare Student Housing I - Fundo DE Inv Em Particip Multiestrategia Sloan Ratio %?

Hectare Student Housing I - Fundo DE Inv Em Particip Multiestrategia BSP:HCST11 25 Sloan Ratio % is 0.00% as of Dec. 2025. GuruFocus rates BSP:HCST11 with a GF Score™ of 25/100.

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.

Hectare Student Housing I - Fundo DE Inv Em Particip Multiestrategia's Sloan Ratio for the quarter that ended in Dec. 2025 was 0.00%.

As of Dec. 2025, Hectare Student Housing I - Fundo DE Inv Em Particip Multiestrategia has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Hectare Student Housing I - Fundo DE Inv Em Particip Multiestrategia  (BSP:HCST11) 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.

According to How to Beat the Market with the Sloan Ratio:

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 Dec. 2025, Hectare Student Housing I - Fundo DE Inv Em Particip Multiestrategia has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.


Hectare Student Housing I - Fundo DE Inv Em Particip Multiestrategia Sloan Ratio % Related Terms


Hectare Student Housing I - Fundo DE Inv Em Particip Multiestrategia Sloan Ratio % Historical Data

* Premium members only.

The historical data trend for Hectare Student Housing I - Fundo DE Inv Em Particip Multiestrategia'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.

Hectare Student Housing I - Fundo DE Inv Em Particip Multiestrategia Sloan Ratio % Chart

Hectare Student Housing I - Fundo DE Inv Em Particip Multiestrategia Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Sloan Ratio %
Get a 7-Day Free Trial 34.23 38.98 -27.70 0.30 0.00

Hectare Student Housing I - Fundo DE Inv Em Particip Multiestrategia Semi-Annual Data
Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Sloan Ratio % Get a 7-Day Free Trial 34.23 38.98 -27.70 0.30 0.00

BSP:HCST11 vs AVB, EQR, ESS: Sloan Ratio % Comparison

For the REIT - Residential subindustry, Hectare Student Housing I - Fundo DE Inv Em Particip Multiestrategia'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.


Hectare Student Housing I - Fundo DE Inv Em Particip Multiestrategia Sloan Ratio % vs REITs Industry

For the REITs industry and Real Estate sector, Hectare Student Housing I - Fundo DE Inv Em Particip Multiestrategia's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Hectare Student Housing I - Fundo DE Inv Em Particip Multiestrategia's Sloan Ratio % falls into.


BSP:HCST11
25GF Score
Hectare Student Housing I - Fundo DE Inv Em Particip Multiestrategia BSP:HCST11
Sloan Ratio % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hectare Student Housing I - Fundo DE Inv Em Particip Multiestrategia 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.

Hectare Student Housing I - Fundo DE Inv Em Particip Multiestrategia's Sloan Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Sloan Ratio=(Net Income (A: Dec. 2025 )-Cash Flow from Operations (A: Dec. 2025 )
-Cash Flow from Investing (A: Dec. 2025 ))/Total Assets (A: Dec. 2025 )
=(5.73--18.495
-0)/57.247
=42.32%

Hectare Student Housing I - Fundo DE Inv Em Particip Multiestrategia's Sloan Ratio for the quarter that ended in Dec. 2025 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Dec. 2025 )
=(5.73--18.495
-0)/57.247
=42.32%

For company reported annually, GuruFocus uses latest annual data as the TTM data. Hectare Student Housing I - Fundo DE Inv Em Particip Multiestrategia's Net Income for the trailing twelve months (TTM) ended in Dec. 2025 was R$5.73 Mil.
Hectare Student Housing I - Fundo DE Inv Em Particip Multiestrategia's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was R$-18.50 Mil.
Hectare Student Housing I - Fundo DE Inv Em Particip Multiestrategia's Cash Flow from Investing for the trailing twelve months (TTM) ended in Dec. 2025 was R$0.00 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.

Frequently Asked Questions Learn more about Sloan Ratio % →
What does a Sloan Ratio % of 0.00% mean?
Hectare Student Housing I - Fundo DE Inv Em Particip Multiestrategia (BSP:HCST11) has a Sloan Ratio % of 0.00% as of Dec. 2025. Sloan ratio measures earnings quality based on the amount of accruals. View historical data on Hectare Student Housing I - Fundo DE Inv Em Particip Multiestrategia and its competitors.
Is Hectare Student Housing I - Fundo DE Inv Em Particip Multiestrategia's Sloan Ratio % too high?
Hectare Student Housing I - Fundo DE Inv Em Particip Multiestrategia's current Sloan Ratio % is 0.00%. Overall, Hectare Student Housing I - Fundo DE Inv Em Particip Multiestrategia has a GF Score™ of 25/100, reflecting its overall financial health beyond just this single metric.
How does Hectare Student Housing I - Fundo DE Inv Em Particip Multiestrategia's Sloan Ratio % compare to AVB and EQR?
Hectare Student Housing I - Fundo DE Inv Em Particip Multiestrategia's Sloan Ratio % of 0.00% 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 Hectare Student Housing I - Fundo DE Inv Em Particip Multiestrategia and its competitors. Hectare Student Housing I - Fundo DE Inv Em Particip Multiestrategia'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 Hectare Student Housing I - Fundo DE Inv Em Particip Multiestrategia stock overvalued right now?
Hectare Student Housing I - Fundo DE Inv Em Particip Multiestrategia (BSP:HCST11) has a current Sloan Ratio % of 0.00%. The current Sloan Ratio % is 0.00%. Hectare Student Housing I - Fundo DE Inv Em Particip Multiestrategia's overall GF Score™ is 25/100. 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 Hectare Student Housing I - Fundo DE Inv Em Particip Multiestrategia (BSP:HCST11), the current Sloan Ratio % is 0.00% as of Dec. 2025. 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.

Hectare Student Housing I - Fundo DE Inv Em Particip Multiestrategia Business Description

Industry Real EstateREITs
Address Rua Gilberto Sabino, 215, 4th FLOOR- Pinheiros, Sao Paulo, SP, BRA, 5425020
Hectare Student Housing I - Fundo DE Inv Em Particip Multiestrategia is a fund which aims to aim to apply its resources to the development of residential developments focused on income.
25GF Score

Get the complete analysis for BSP:HCST11

Sloan Ratio % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$35.10
Price