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.
When sloan ratio (-36.07)% higher than 25% or lower than -25%, earnings are more likely to be made up of accruals.
As of Dec. 2025, DFI Retail Group Holdings has a Sloan Ratio of -36.07%, indicating earnings are more likely to be made up of accruals.
DFI Retail Group Holdings (OTCPK:DFILF) 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, DFI Retail Group Holdings has a Sloan Ratio of -36.07%, indicating earnings are more likely to be made up of accruals.
DFI Retail Group Holdings Sloan Ratio % Related Terms
DFI Retail Group 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.
For the Grocery Stores subindustry, DFI Retail Group 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.
DFI Retail Group Holdings Sloan Ratio % vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, DFI Retail Group Holdings's Sloan Ratio % distribution charts can be found below:
* The bar in red indicates where DFI Retail Group Holdings's Sloan Ratio % falls into.
DFI Retail Group 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.
DFI Retail Group Holdings's Sloan Ratio for the fiscal year that ended in Dec. 2025 is calculated as
For company reported semi-annually, GuruFocus uses latest two semi-annual data as the TTM data.
DFI Retail Group Holdings's Net Income for the trailing twelve months (TTM) ended in Dec. 2025 was -37.6 (Jun. 2025 ) + 307.9 (Dec. 2025 ) = $270 Mil.
DFI Retail Group Holdings's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was 485.3 (Jun. 2025 ) + 613.9 (Dec. 2025 ) = $1,099 Mil.
DFI Retail Group Holdings's Cash Flow from Investing for the trailing twelve months (TTM) ended in Dec. 2025 was 848.5 (Jun. 2025 ) + 0.7 (Dec. 2025 ) = $849 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.
DFI Retail Group Holdings (DFILF) has a Sloan Ratio % of -36.07% as of Dec. 2025. Sloan ratio measures earnings quality based on the amount of accruals. View historical data on DFI Retail Group Holdings and its competitors.
Is DFI Retail Group Holdings' Sloan Ratio % too high?
DFI Retail Group Holdings' current Sloan Ratio % is -36.07%. Overall, DFI Retail Group Holdings has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does DFI Retail Group Holdings' Sloan Ratio % compare to KR and SFM?
DFI Retail Group Holdings' Sloan Ratio % of -36.07% can be compared against companies in the Retail - Defensive 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 Retail - Defensive company?
A good Sloan Ratio % depends on the Retail - Defensive 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 DFI Retail Group Holdings and its competitors. DFI Retail Group Holdings's current Sloan Ratio % is -36.07%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DFI Retail Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, DFI Retail Group Holdings (DFILF) is currently considered Significantly Overvalued. The stock's GF Value™ is $2.28, compared to a current price of $3.65 — trading 60.1% above its estimated fair value. The current Sloan Ratio % is -36.07%. DFI Retail Group Holdings' overall GF Score™ is 55/100 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 DFI Retail Group Holdings (DFILF), the current Sloan Ratio % is -36.07% 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 DFI Retail Group Holdings (DFILF) Overvalued in 2026?
Based on GuruFocus' analysis, DFI Retail Group Holdings stock appears to be overvalued.
The current stock price of $3.65 is trading 60.1% above its estimated GF Value™ of $2.28.
GuruFocus considers DFI Retail Group Holdings to be Significantly Overvalued.
Key valuation signals for DFILF:
Sloan Ratio %: -36.07%
GF Value™: $2.28 vs. price of $3.65 (60.1% above fair value)
No single metric tells the full story. See the DFILF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
DFI Retail Group Holdings Ltd is an Asian retailer that operates in five segments: Food, Health and Beauty, Home Furnishings, Convenience, and Other Retailing. Convenience is the Group's 7-Eleven businesses. Food comprises the grocery retail businesses (including Robinsons Retail operating in the Philippines and Yonghui operating on the Chinese mainland up to their respective dates of divestment). Home Furnishings is the Group's IKEA businesses. Restaurants is the Group's associate, Maxim's, a food and beverage company. Other Retailing represents the department stores, specialty and Do-It-Yourself (DIY) stores of Robinsons Retail. The majority of revenue is derived from the Food segment.
55GF Score
Get the complete analysis for DFILF
Sloan Ratio % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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