What is Dr. Ing. h.c. F. Porsche AG 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.
As of Dec. 2024, Dr. Ing. h.c. F. Porsche AG has a Sloan Ratio of 2.68%, indicating the company is in the safe zone and there is no funny business with accruals.
Dr. Ing. h.c. F. Porsche AG 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.
Competitive Comparison of Dr. Ing. h.c. F. Porsche AG's Sloan Ratio %
For the Auto Manufacturers subindustry, Dr. Ing. h.c. F. Porsche AG'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.
Dr. Ing. h.c. F. Porsche AG's Sloan Ratio % Distribution in the Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Dr. Ing. h.c. F. Porsche AG's Sloan Ratio % distribution charts can be found below:
* The bar in red indicates where Dr. Ing. h.c. F. Porsche AG's Sloan Ratio % falls into.
Dr. Ing. h.c. F. Porsche AG 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.
Dr. Ing. h.c. F. Porsche AG's Net Income for the trailing twelve months (TTM) ended in Dec. 2024 was 1007.609 (Mar. 2024 ) + 1319.699 (Jun. 2024 ) + 679.245 (Sep. 2024 ) + 865.969 (Dec. 2024 ) = $3,873 Mil.
Dr. Ing. h.c. F. Porsche AG's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2024 was 1696.739 (Mar. 2024 ) + 1670.614 (Jun. 2024 ) + 1157.603 (Sep. 2024 ) + 2300.524 (Dec. 2024 ) = $6,825 Mil.
Dr. Ing. h.c. F. Porsche AG's Cash Flow from Investing for the trailing twelve months (TTM) ended in Dec. 2024 was -1284.783 (Mar. 2024 ) + -1060.28 (Jun. 2024 ) + -1194.229 (Sep. 2024 ) + -918.325 (Dec. 2024 ) = $-4,458 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.
Dr. Ing. h.c. F. Porsche AG (OTCPK:DRPRF) 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, Dr. Ing. h.c. F. Porsche AG has a Sloan Ratio of 2.68%, indicating the company is in the safe zone and there is no funny business with accruals.
Dr. Ing. h.c. F. Porsche AG Sloan Ratio % Related Terms
Thank you for viewing the detailed overview of Dr. Ing. h.c. F. Porsche AG's Sloan Ratio % provided by GuruFocus.com. Please click on the following links to see related term pages.
Porsche designs, engineers, and manufactures premium cars synonymous with its racing history heritage, engineering mastery, sporty design, and driving experience. Porsche is uniquely positioned in that its brand is associated with luxury. However, it produces cars on a much larger scale than its superluxury peers. Porsche sold 311,000 vehicles in 2024 at an average price of EUR 129,000. Europe, North America, mainland China including Hong Kong, and the rest of the world accounted for 36%, 28%, 18%, and 18% of volumes in 2024, respectively. Ninety-two percent of revenue is generated from the sale of cars and related services, with the remainder from its captive finance arm. Porsche's equity is tightly held with Volkswagen owning 75.4% and Porsche SE (the Porsche/Piëch family) owning 12.5%.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
DRPRF has been successfully added to your 