What is Colliers International Group 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.
* 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.
Competitive Comparison of Colliers International Group's Sloan Ratio %
For the Real Estate Services subindustry, Colliers International Group'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.
Colliers International Group's Sloan Ratio % Distribution in the Real Estate Industry
For the Real Estate industry and Real Estate sector, Colliers International Group's Sloan Ratio % distribution charts can be found below:
* The bar in red indicates where Colliers International Group's Sloan Ratio % falls into.
Colliers International Group 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.
Colliers International Group's Net Income for the trailing twelve months (TTM) ended in Dec. 2024 was 12.657 (Mar. 2024 ) + 36.724 (Jun. 2024 ) + 37.227 (Sep. 2024 ) + 75.117 (Dec. 2024 ) = $162 Mil.
Colliers International Group's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2024 was -137.615 (Mar. 2024 ) + 141.189 (Jun. 2024 ) + 107.128 (Sep. 2024 ) + 215.307 (Dec. 2024 ) = $326 Mil.
Colliers International Group's Cash Flow from Investing for the trailing twelve months (TTM) ended in Dec. 2024 was -49.852 (Mar. 2024 ) + -167.463 (Jun. 2024 ) + -497.033 (Sep. 2024 ) + -68.754 (Dec. 2024 ) = $-783 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.
Colliers International Group (NAS:CIGI) 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. 2024, Colliers International Group has a Sloan Ratio of 10.14%, indicating there is a warning stage of accrual build up.
Colliers International Group Sloan Ratio % Related Terms
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Colliers International Group Inc provides commercial real estate professional services and investment management to corporate and institutional clients across different countries around the world. Its operating segments are; Real Estate Services, Engineering, Investment Management, and Corporate. Maximum revenue for the company is generated from its Real Estate Services segment, which offers services like transaction and debt finance services, outsourcing in property management, valuation and advisory, loan servicing, property sales brokerage, and lease brokerage services, among others. Geographically, the company generates maximum revenue from the United States and the rest from Canada, Australia, the United Kingdom, Poland, China, India, and other regions.
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