GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Schroder European Real Estate Investment Trust PLC (CHIX:SEREl) » Definitions » Sloan Ratio %

Schroder European Real Estate Investment Trust (CHIX:SEREL) Sloan Ratio % : -6.67% (As of Sep. 2024)


View and export this data going back to 2019. Start your Free Trial

What is Schroder European Real Estate Investment Trust 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.

Schroder European Real Estate Investment Trust's Sloan Ratio for the quarter that ended in Sep. 2024 was -6.67%.

As of Sep. 2024, Schroder European Real Estate Investment Trust has a Sloan Ratio of -6.67%, indicating the company is in the safe zone and there is no funny business with accruals.


Schroder European Real Estate Investment Trust Sloan Ratio % Historical Data

The historical data trend for Schroder European Real Estate Investment Trust'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.

* Premium members only.

Schroder European Real Estate Investment Trust Sloan Ratio % Chart

Schroder European Real Estate Investment Trust Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Sloan Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.12 -10.05 -0.62 -3.97 -2.31

Schroder European Real Estate Investment Trust Quarterly Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
Sloan Ratio % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -10.74 3.33 -4.52 -3.28 -6.67

Competitive Comparison of Schroder European Real Estate Investment Trust's Sloan Ratio %

For the REIT - Diversified subindustry, Schroder European Real Estate Investment Trust'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.


Schroder European Real Estate Investment Trust's Sloan Ratio % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Schroder European Real Estate Investment Trust's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Schroder European Real Estate Investment Trust's Sloan Ratio % falls into.



Schroder European Real Estate Investment Trust 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.

Schroder European Real Estate Investment Trust's Sloan Ratio for the fiscal year that ended in Sep. 2024 is calculated as

Sloan Ratio=(Net Income (A: Sep. 2024 )-Cash Flow from Operations (A: Sep. 2024 )
-Cash Flow from Investing (A: Sep. 2024 ))/Total Assets (A: Sep. 2024 )
=(0.482-6.62
--1.411)/204.855
=-2.31%

Schroder European Real Estate Investment Trust's Sloan Ratio for the quarter that ended in Sep. 2024 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Sep. 2024 )
=(-7.816-20.612
--14.768)/204.855
=-6.67%

Schroder European Real Estate Investment Trust's Net Income for the trailing twelve months (TTM) ended in Sep. 2024 was -7.643 (Mar. 2023 ) + -0.62 (Sep. 2023 ) + -1.867 (Mar. 2024 ) + 2.314 (Sep. 2024 ) = £-7.82 Mil.
Schroder European Real Estate Investment Trust's Cash Flow from Operations for the trailing twelve months (TTM) ended in Sep. 2024 was 10.045 (Mar. 2023 ) + 3.889 (Sep. 2023 ) + 3.012 (Mar. 2024 ) + 3.666 (Sep. 2024 ) = £20.61 Mil.
Schroder European Real Estate Investment Trust's Cash Flow from Investing for the trailing twelve months (TTM) ended in Sep. 2024 was -12.559 (Mar. 2023 ) + -0.789 (Sep. 2023 ) + -0.448 (Mar. 2024 ) + -0.972 (Sep. 2024 ) = £-14.77 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.


Schroder European Real Estate Investment Trust  (CHIX:SEREl) 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 Sep. 2024, Schroder European Real Estate Investment Trust has a Sloan Ratio of -6.67%, indicating the company is in the safe zone and there is no funny business with accruals.


Schroder European Real Estate Investment Trust Sloan Ratio % Related Terms

Thank you for viewing the detailed overview of Schroder European Real Estate Investment Trust's Sloan Ratio % provided by GuruFocus.com. Please click on the following links to see related term pages.


Schroder European Real Estate Investment Trust Business Description

Traded in Other Exchanges
Address
1 London Wall Place, London, GBR, EC2Y 5AU
Schroder European Real Estate Investment Trust PLC is a closed-ended real estate investment company. The investment objective of the company is to provide Shareholders with a regular and attractive level of income return together with the potential for long-term income and capital growth through investing in commercial real estate in Continental Europe. The company may invest directly in real estate assets both listed and unlisted or through investment in special purpose vehicles, partnerships, trusts, or other structures. The group is engaged in a single segment of business, property investment, and in one geographical area, continental Europe.

Schroder European Real Estate Investment Trust Headlines

No Headlines