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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.
As of Mar. 2026, Dubai Financial Market PJSC has a Sloan Ratio of 2.09%, indicating the company is in the safe zone and there is no funny business with accruals.
Dubai Financial Market PJSC (DFM:DFM) 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 Mar. 2026, Dubai Financial Market PJSC has a Sloan Ratio of 2.09%, indicating the company is in the safe zone and there is no funny business with accruals.
Dubai Financial Market PJSC Sloan Ratio % Related Terms
Dubai Financial Market PJSC 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.
DFM:DFM vs SPGI, CME, MCO: Sloan Ratio % Comparison
For the Financial Data & Stock Exchanges subindustry, Dubai Financial Market PJSC'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.
Dubai Financial Market PJSC Sloan Ratio % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Dubai Financial Market PJSC's Sloan Ratio % distribution charts can be found below:
* The bar in red indicates where Dubai Financial Market PJSC's Sloan Ratio % falls into.
Dubai Financial Market PJSC 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.
Dubai Financial Market PJSC's Net Income for the trailing twelve months (TTM) ended in Mar. 2026 was 584.767 (Jun. 2025 ) + 136.349 (Sep. 2025 ) + 117.656 (Dec. 2025 ) + 177.717 (Mar. 2026 ) = د.إ1,016.5 Mil.
Dubai Financial Market PJSC's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was 298.746 (Jun. 2025 ) + 21.351 (Sep. 2025 ) + -53.268 (Dec. 2025 ) + 829.15 (Mar. 2026 ) = د.إ1,096.0 Mil.
Dubai Financial Market PJSC's Cash Flow from Investing for the trailing twelve months (TTM) ended in Mar. 2026 was -471.872 (Jun. 2025 ) + -39.252 (Sep. 2025 ) + -89.481 (Dec. 2025 ) + 253.939 (Mar. 2026 ) = د.إ-346.7 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.
Dubai Financial Market PJSC (DFM:DFM) has a Sloan Ratio % of 2.09% as of Mar. 2026. Sloan ratio measures earnings quality based on the amount of accruals. View historical data on Dubai Financial Market PJSC and its competitors.
Is Dubai Financial Market PJSC's Sloan Ratio % too high?
Dubai Financial Market PJSC's current Sloan Ratio % is 2.09%. Overall, Dubai Financial Market PJSC has a GF Score™ of 97/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Dubai Financial Market PJSC's Sloan Ratio % compare to SPGI and CME?
Dubai Financial Market PJSC's Sloan Ratio % of 2.09% can be compared against companies in the Capital Markets 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 Capital Markets company?
A good Sloan Ratio % depends on the Capital Markets 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 Dubai Financial Market PJSC and its competitors. Dubai Financial Market PJSC's current Sloan Ratio % is 2.09%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dubai Financial Market PJSC stock overvalued right now?
Based on GuruFocus' analysis, Dubai Financial Market PJSC (DFM:DFM) is currently considered Modestly Undervalued. The stock's GF Value™ is د.إ1.89, compared to a current price of د.إ1.44 — trading 23.8% below its estimated fair value. The current Sloan Ratio % is 2.09%. Dubai Financial Market PJSC's overall GF Score™ is 97/100 with 5 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 Dubai Financial Market PJSC (DFM:DFM), the current Sloan Ratio % is 2.09% as of Mar. 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 Dubai Financial Market PJSC (DFM:DFM) Overvalued in 2026?
Based on GuruFocus' analysis, Dubai Financial Market PJSC stock appears to be undervalued.
The current stock price of د.إ1.44 is trading 23.8% below its estimated GF Value™ of د.إ1.89.
GuruFocus considers Dubai Financial Market PJSC to be Modestly Undervalued.
Key valuation signals for DFM:DFM:
Sloan Ratio %: 2.09%
GF Value™: د.إ1.89 vs. price of د.إ1.44 (23.8% below fair value)
No single metric tells the full story. See the DFM:DFM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Dubai Financial Market PJSC operates as a regulated secondary market for the trading of securities issued by public shareholding companies, bonds issued by federal or local governments, local public institutions, and mutual funds as well as other local or foreign financial instruments. The company is focused on trading in financial instruments, acting as a commercial, industrial and agricultural holding and trust company, financial investment consultancy, and brokerage in local and foreign shares and bonds. It is engaged in a single segment of operating stock exchanges and related clearing house. The company derives the majority of revenue from Trading commission fees and rest from Brokerage fees, Clearing, settlement and depository fees, Listing and market data fees, and Other fees.
97GF Score
Get the complete analysis for DFM:DFM
Sloan Ratio % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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