M Dias Branco Industria e Comercio de Alimentos (BSP:MDIA3) Sloan Ratio % : 2.98% (As of Dec. 2024)

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What is M Dias Branco Industria e Comercio de Alimentos Sloan Ratio %?

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.

M Dias Branco Industria e Comercio de Alimentos's Sloan Ratio for the quarter that ended in Dec. 2024 was 2.98%.

As of Dec. 2024, M Dias Branco Industria e Comercio de Alimentos has a Sloan Ratio of 2.98%, indicating the company is in the safe zone and there is no funny business with accruals.

M Dias Branco Industria e Comercio de Alimentos Sloan Ratio % Historical Data

The historical data trend for M Dias Branco Industria e Comercio de Alimentos'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.

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M Dias Branco Industria e Comercio de Alimentos Sloan Ratio % Chart

M Dias Branco Industria e Comercio de Alimentos Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Sloan Ratio %

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3.32

-0.53

8.53

-7.24

2.98

M Dias Branco Industria e Comercio de Alimentos Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Sloan Ratio %	Get a 7-Day Free Trial															-7.24	-7.04	-4.54	1.00	2.98

Competitive Comparison of M Dias Branco Industria e Comercio de Alimentos's Sloan Ratio %

For the Packaged Foods subindustry, M Dias Branco Industria e Comercio de Alimentos'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.

M Dias Branco Industria e Comercio de Alimentos's Sloan Ratio % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, M Dias Branco Industria e Comercio de Alimentos's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where M Dias Branco Industria e Comercio de Alimentos's Sloan Ratio % falls into.

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M Dias Branco Industria e Comercio de Alimentos 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.

M Dias Branco Industria e Comercio de Alimentos's Sloan Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Sloan Ratio	=	(Net Income (A: Dec. 2024 )	-	Cash Flow from Operations (A: Dec. 2024 )
	-	Cash Flow from Investing (A: Dec. 2024 ))	/	Total Assets (A: Dec. 2024 )
	=	(645.948	-	591.669
	-	-326.377)	/	12768.867
	=	2.98%

M Dias Branco Industria e Comercio de Alimentos's Sloan Ratio for the quarter that ended in Dec. 2024 is calculated as

Sloan Ratio	=	(Net Income (TTM)	-	Cash Flow from Operations (TTM))
	-	Cash Flow from Investing (TTM))	/	Total Assets (Q: Dec. 2024 )
	=	(645.948	-	591.669
	-	-326.377)	/	12768.867
	=	2.98%

M Dias Branco Industria e Comercio de Alimentos's Net Income for the trailing twelve months (TTM) ended in Dec. 2024 was 154.941 (Mar. 2024 ) + 189.918 (Jun. 2024 ) + 124.592 (Sep. 2024 ) + 176.497 (Dec. 2024 ) = R$646 Mil.
M Dias Branco Industria e Comercio de Alimentos's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2024 was 138.008 (Mar. 2024 ) + 211.442 (Jun. 2024 ) + 67.287 (Sep. 2024 ) + 174.932 (Dec. 2024 ) = R$592 Mil.
M Dias Branco Industria e Comercio de Alimentos's Cash Flow from Investing for the trailing twelve months (TTM) ended in Dec. 2024 was -59.726 (Mar. 2024 ) + -75.228 (Jun. 2024 ) + -71.601 (Sep. 2024 ) + -119.822 (Dec. 2024 ) = R$-326 Mil.

M Dias Branco Industria e Comercio de Alimentos (BSP:MDIA3) 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. 2024, M Dias Branco Industria e Comercio de Alimentos has a Sloan Ratio of 2.98%, indicating the company is in the safe zone and there is no funny business with accruals.

M Dias Branco Industria e Comercio de Alimentos Sloan Ratio % Related Terms

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M Dias Branco Industria e Comercio de Alimentos Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » M Dias Branco SA Industria e Comercio de Alimentos (BSP:MDIA3) » Definitions » Sloan Ratio %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Rodovia BR 116, Sem Numero Km 18, Eusebio, CE, BRA, 61760-000

Website

https://www.mdiasbranco.com.br

M Dias Branco SA Industria e Comercio de Alimentos is a Brazilian company engaged in the industrialization, sales and distribution of food products derived from wheat, mainly cookies and crackers, pasta and wheat flour/bran and the manufacture, sale and distribution of vegetable shortenings and margarines, cakes, cake mixes, packaged toast and snacks. The Company's brands in the domestic market are Adria, Aldente, Basilar, Bonsabor, Estrela, Fortaleza, Finna, Fit Food, Frontera, Isabela, Jasmine, Pelagio, Pilar, Piraque, Predilleto, Richester, Salsito, Smart, Taste and Co, Treloso, Vitarella, and Zabet; and in the foreign market: Las Acacias.

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