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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.
Teqnion AB's Sloan Ratio for the quarter that ended in Jun. 2026 was 7.19%.
As of Jun. 2026, Teqnion AB has a Sloan Ratio of 7.19%, indicating the company is in the safe zone and there is no funny business with accruals.
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, Teqnion AB has a Sloan Ratio of 7.19%, indicating the company is in the safe zone and there is no funny business with accruals.
Teqnion AB Sloan Ratio % Related Terms
Teqnion AB Sloan Ratio % Historical Data
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The historical data trend for Teqnion 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 Conglomerates subindustry, Teqnion 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.
Teqnion AB Sloan Ratio % vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Teqnion AB's Sloan Ratio % distribution charts can be found below:
* The bar in red indicates where Teqnion 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.
Teqnion AB's Sloan Ratio for the fiscal year that ended in Dec. 2025 is calculated as
Teqnion AB's Net Income for the trailing twelve months (TTM) ended in Jun. 2026 was -2.045 (Sep. 2025 ) + 4.218 (Dec. 2025 ) + 3.24 (Mar. 2026 ) + 3.886 (Jun. 2026 ) = €9.3 Mil.
Teqnion AB's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was 5.554 (Sep. 2025 ) + 8.427 (Dec. 2025 ) + 2.08 (Mar. 2026 ) + 3.494 (Jun. 2026 ) = €19.6 Mil.
Teqnion AB's Cash Flow from Investing for the trailing twelve months (TTM) ended in Jun. 2026 was -13.735 (Sep. 2025 ) + -0.588 (Dec. 2025 ) + -5.19 (Mar. 2026 ) + -5.811 (Jun. 2026 ) = €-25.3 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.
Teqnion AB (FRA:M45) has a Sloan Ratio % of 7.19% as of Jun. 2026. Sloan ratio measures earnings quality based on the amount of accruals. View historical data on Teqnion AB and its competitors.
Is Teqnion AB's Sloan Ratio % too high?
Teqnion AB's current Sloan Ratio % is 7.19%. Overall, Teqnion AB has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Teqnion AB's Sloan Ratio % compare to MMM and HON?
Teqnion AB's Sloan Ratio % of 7.19% can be compared against companies in the Conglomerates 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 Conglomerates company?
A good Sloan Ratio % depends on the Conglomerates 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 Teqnion AB and its competitors. Teqnion AB's current Sloan Ratio % is 7.19%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Teqnion AB stock overvalued right now?
Based on GuruFocus' analysis, Teqnion AB (FRA:M45) is currently considered Modestly Undervalued. The stock's GF Value™ is €18.62, compared to a current price of €15.84 — trading 14.9% below its estimated fair value. The current Sloan Ratio % is 7.19%. Teqnion AB's overall GF Score™ is 65/100 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 Teqnion AB (FRA:M45), the current Sloan Ratio % is 7.19% 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 Teqnion AB (FRA:M45) Overvalued in 2026?
Based on GuruFocus' analysis, Teqnion AB stock appears to be undervalued.
The current stock price of €15.84 is trading 14.9% below its estimated GF Value™ of €18.62.
GuruFocus considers Teqnion AB to be Modestly Undervalued.
Key valuation signals for FRA:M45:
Sloan Ratio %: 7.19%
GF Value™: €18.62 vs. price of €15.84 (14.9% below fair value)
No single metric tells the full story. See the FRA:M45 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Teqnion AB is an industrial group that acquires stable niche companies with good cash flows to develop and own with an eternal horizon. The subsidiaries are managed in a decentralized manner with support from the parent company. Its group of companies consists of agency businesses that include brands, product and service companies developing solutions for specific industrial niches, and manufacturing companies that sell products under their own or customers' brands. Teqnion continuously supports its companies with planning work and problem-solving beyond the everyday management and financial resources. Geographically, the Group generates maximum revenue from Sweden, and the rest from the European Union (excluding Sweden), the United Kingdom, Norway, the USA, and the Rest of the world.
65GF Score
Get the complete analysis for FRA:M45
Sloan Ratio % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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