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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.
Viva Wine Group AB's Sloan Ratio for the quarter that ended in Jun. 2026 was -2.12%.
As of Jun. 2026, Viva Wine Group AB has a Sloan Ratio of -2.12%, indicating the company is in the safe zone and there is no funny business with accruals.
Viva Wine Group AB (CHIX:VIVAs) 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, Viva Wine Group AB has a Sloan Ratio of -2.12%, indicating the company is in the safe zone and there is no funny business with accruals.
Viva Wine Group AB Sloan Ratio % Related Terms
Viva Wine Group AB Sloan Ratio % Historical Data
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The historical data trend for Viva Wine Group AB'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.
For the Beverages - Wineries & Distilleries subindustry, Viva Wine Group AB'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.
Viva Wine Group AB Sloan Ratio % vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Viva Wine Group AB's Sloan Ratio % distribution charts can be found below:
* The bar in red indicates where Viva Wine Group AB'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.
Viva Wine Group AB's Sloan Ratio for the fiscal year that ended in Dec. 2025 is calculated as
Viva Wine Group AB's Net Income for the trailing twelve months (TTM) ended in Jun. 2026 was 53 (Sep. 2025 ) + 88 (Dec. 2025 ) + 26 (Mar. 2026 ) + 40 (Jun. 2026 ) = kr207 Mil.
Viva Wine Group AB's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was 105 (Sep. 2025 ) + 198 (Dec. 2025 ) + 26 (Mar. 2026 ) + 51 (Jun. 2026 ) = kr380 Mil.
Viva Wine Group AB's Cash Flow from Investing for the trailing twelve months (TTM) ended in Jun. 2026 was -11 (Sep. 2025 ) + -3 (Dec. 2025 ) + -47 (Mar. 2026 ) + -1 (Jun. 2026 ) = kr-62 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.
Viva Wine Group AB (CHIX:VIVAS) has a Sloan Ratio % of -2.12% as of Jun. 2026. Sloan ratio measures earnings quality based on the amount of accruals. View historical data on Viva Wine Group AB and its competitors.
Is Viva Wine Group AB's Sloan Ratio % too high?
Viva Wine Group AB's current Sloan Ratio % is -2.12%. Overall, Viva Wine Group AB has a GF Score™ of 56/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Viva Wine Group AB's Sloan Ratio % compare to BF.B?
Viva Wine Group AB's Sloan Ratio % of -2.12% can be compared against companies in the Beverages - Alcoholic 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 Beverages - Alcoholic company?
A good Sloan Ratio % depends on the Beverages - Alcoholic 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 Viva Wine Group AB and its competitors. Viva Wine Group AB's current Sloan Ratio % is -2.12%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Viva Wine Group AB stock overvalued right now?
Based on GuruFocus' analysis, Viva Wine Group AB (CHIX:VIVAS) is currently considered Significantly Undervalued. The stock's GF Value™ is kr56.57, compared to a current price of kr38.00 — trading 32.8% below its estimated fair value. The current Sloan Ratio % is -2.12%. Viva Wine Group AB's overall GF Score™ is 56/100 with 6 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 Viva Wine Group AB (CHIX:VIVAS), the current Sloan Ratio % is -2.12% 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 Viva Wine Group AB (CHIX:VIVAS) Overvalued in 2026?
Based on GuruFocus' analysis, Viva Wine Group AB stock appears to be undervalued.
The current stock price of kr38.00 is trading 32.8% below its estimated GF Value™ of kr56.57.
GuruFocus considers Viva Wine Group AB to be Significantly Undervalued.
Key valuation signals for CHIX:VIVAS:
Sloan Ratio %: -2.12%
GF Value™: kr56.57 vs. price of kr38.00 (32.8% below fair value)
No single metric tells the full story. See the CHIX:VIVAS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Viva Wine Group AB is a Swedish wine company that trades in alcoholic beverages and sells both wholly owned and partner brands in various markets. Its business is divided into two segments, which are Nordics(B2B) and eCom(B2C). The Nordics segment accounts for the majority of revenue and includes customers such as state retail monopolies Systembolaget, Alko, and Vinmonopolet, as well as wholesalers, hotels, and restaurants. The eCom segment focuses on consumer e-commerce sales in Europe, while the Other segment includes the company's pilot sales to B2B customers in the United States. The company's geographical segments include Sweden, Finland, Germany, Norway, and other countries.
56GF Score
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