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.
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.
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 Dec. 2025, Ashtead Technology Holdings has a Sloan Ratio of 1.97%, indicating the company is in the safe zone and there is no funny business with accruals.
Ashtead Technology Holdings (CHIX:ATl) 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 Dec. 2025, Ashtead Technology Holdings has a Sloan Ratio of 1.97%, indicating the company is in the safe zone and there is no funny business with accruals.
Ashtead Technology Holdings Sloan Ratio % Related Terms
Ashtead Technology Holdings 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.
CHIX:ATL vs SLB, BKR, FTI: Sloan Ratio % Comparison
For the Oil & Gas Equipment & Services subindustry, Ashtead Technology Holdings'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.
Ashtead Technology Holdings Sloan Ratio % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Ashtead Technology Holdings's Sloan Ratio % distribution charts can be found below:
* The bar in red indicates where Ashtead Technology Holdings's Sloan Ratio % falls into.
Ashtead Technology Holdings 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.
For company reported semi-annually, GuruFocus uses latest two semi-annual data as the TTM data.
Ashtead Technology Holdings's Net Income for the trailing twelve months (TTM) ended in Dec. 2025 was 13.869 (Jun. 2025 ) + 18.345 (Dec. 2025 ) = £32.2 Mil.
Ashtead Technology Holdings's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was 21.092 (Jun. 2025 ) + 36.529 (Dec. 2025 ) = £57.6 Mil.
Ashtead Technology Holdings's Cash Flow from Investing for the trailing twelve months (TTM) ended in Dec. 2025 was -18.615 (Jun. 2025 ) + -13.162 (Dec. 2025 ) = £-31.8 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.
Ashtead Technology Holdings (CHIX:ATL) has a Sloan Ratio % of 1.97% as of Dec. 2025. Sloan ratio measures earnings quality based on the amount of accruals. View historical data on Ashtead Technology Holdings and its competitors.
Is Ashtead Technology Holdings' Sloan Ratio % too high?
Ashtead Technology Holdings' current Sloan Ratio % is 1.97%. Overall, Ashtead Technology Holdings has a GF Score™ of 58/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ashtead Technology Holdings' Sloan Ratio % compare to SLB and BKR?
Ashtead Technology Holdings' Sloan Ratio % of 1.97% can be compared against companies in the Oil & Gas 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 Oil & Gas company?
A good Sloan Ratio % depends on the Oil & Gas 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 Ashtead Technology Holdings and its competitors. Ashtead Technology Holdings's current Sloan Ratio % is 1.97%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ashtead Technology Holdings stock overvalued right now?
Based on GuruFocus' analysis, Ashtead Technology Holdings (CHIX:ATL) is currently considered Significantly Undervalued. The stock's GF Value™ is £8.25, compared to a current price of £4.07 — trading 50.7% below its estimated fair value. The current Sloan Ratio % is 1.97%. Ashtead Technology Holdings' overall GF Score™ is 58/100 with 2 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 Ashtead Technology Holdings (CHIX:ATL), the current Sloan Ratio % is 1.97% 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.
Is Ashtead Technology Holdings (CHIX:ATL) Overvalued in 2026?
Based on GuruFocus' analysis, Ashtead Technology Holdings stock appears to be undervalued.
The current stock price of £4.07 is trading 50.7% below its estimated GF Value™ of £8.25.
GuruFocus considers Ashtead Technology Holdings to be Significantly Undervalued.
Key valuation signals for CHIX:ATL:
Sloan Ratio %: 1.97%
GF Value™: £8.25 vs. price of £4.07 (50.7% below fair value)
No single metric tells the full story. See the CHIX:ATL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ashtead Technology Holdings PLC is a subsea equipment rental and solutions organization supporting the installation, inspection, maintenance, repair, and decommissioning of infrastructure across the offshore energy industry. Its service offering is applicable across the lifecycle of offshore wind farms and offshore oil and gas infrastructure. The company operates in the following four geographic regions, which have been determined as the Group's reportable segments. The operations of each geographic region are similar: Europe, which generates maximum revenue, the Americas, Asia-Pacific, and the Middle East.
58GF Score
Get the complete analysis for CHIX:ATL
Sloan Ratio % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
CHIX:ATL has been successfully added to your 
