Hydrograph Clean Power (FRA:M98) Sloan Ratio %: -6.22% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:M98 Hydrograph Clean Power Inc FRA:M98
38 GF Score
Price €3.73
! 1 Warning Sign
View Full Analysis

What is Hydrograph Clean Power Sloan Ratio %?

Hydrograph Clean Power FRA:M98 -1.27% 38 Sloan Ratio % is -6.22% as of Mar. 2026. GuruFocus rates FRA:M98 with a GF Score™ of 38/100. The stock has 1 warning sign investors should review.

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.

Hydrograph Clean Power's Sloan Ratio for the quarter that ended in Mar. 2026 was -6.22%.

As of Mar. 2026, Hydrograph Clean Power has a Sloan Ratio of -6.22%, indicating the company is in the safe zone and there is no funny business with accruals.


Hydrograph Clean Power  (FRA:M98) 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.

According to How to Beat the Market with the Sloan Ratio:

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, Hydrograph Clean Power has a Sloan Ratio of -6.22%, indicating the company is in the safe zone and there is no funny business with accruals.


Hydrograph Clean Power Sloan Ratio % Related Terms


Hydrograph Clean Power Sloan Ratio % Historical Data

* Premium members only.

The historical data trend for Hydrograph Clean Power'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.

Hydrograph Clean Power Sloan Ratio % Chart

Hydrograph Clean Power Annual Data
Trend Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Sloan Ratio %
Get a 7-Day Free Trial 8.63 30.74 -13.46 -21.75 -21.70

Hydrograph Clean Power Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Sloan Ratio % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -9.59 -15.64 -21.88 -10.78 -6.22

FRA:M98 vs LIN, SHW, ECL: Sloan Ratio % Comparison

For the Specialty Chemicals subindustry, Hydrograph Clean Power'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.


Hydrograph Clean Power Sloan Ratio % vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Hydrograph Clean Power's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Hydrograph Clean Power's Sloan Ratio % falls into.


FRA:M98
38GF Score
Hydrograph Clean Power Inc FRA:M98
Sloan Ratio % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hydrograph Clean Power 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.

Hydrograph Clean Power's Sloan Ratio for the fiscal year that ended in Sep. 2025 is calculated as

Sloan Ratio=(Net Income (A: Sep. 2025 )-Cash Flow from Operations (A: Sep. 2025 )
-Cash Flow from Investing (A: Sep. 2025 ))/Total Assets (A: Sep. 2025 )
=(-6.943--4.056
--0.383)/11.537
=-21.70%

Hydrograph Clean Power's Sloan Ratio for the quarter that ended in Mar. 2026 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Mar. 2026 )
=(-11.11--6.534
--1.84)/43.976
=-6.22%

Hydrograph Clean Power's Net Income for the trailing twelve months (TTM) ended in Mar. 2026 was -1.268 (Jun. 2025 ) + -3.844 (Sep. 2025 ) + -2.694 (Dec. 2025 ) + -3.304 (Mar. 2026 ) = €-11.11 Mil.
Hydrograph Clean Power's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was -1.103 (Jun. 2025 ) + -1.298 (Sep. 2025 ) + -2.122 (Dec. 2025 ) + -2.011 (Mar. 2026 ) = €-6.53 Mil.
Hydrograph Clean Power's Cash Flow from Investing for the trailing twelve months (TTM) ended in Mar. 2026 was -0.01 (Jun. 2025 ) + -0.347 (Sep. 2025 ) + -0.475 (Dec. 2025 ) + -1.008 (Mar. 2026 ) = €-1.84 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.

Frequently Asked Questions Learn more about Sloan Ratio % →
What does a Sloan Ratio % of -6.22% mean?
Hydrograph Clean Power (FRA:M98) has a Sloan Ratio % of -6.22% as of Mar. 2026. Sloan ratio measures earnings quality based on the amount of accruals. View historical data on Hydrograph Clean Power and its competitors.
Is Hydrograph Clean Power's Sloan Ratio % too high?
Hydrograph Clean Power's current Sloan Ratio % is -6.22%. Overall, Hydrograph Clean Power has a GF Score™ of 38/100, reflecting its overall financial health beyond just this single metric.
How does Hydrograph Clean Power's Sloan Ratio % compare to LIN and SHW?
Hydrograph Clean Power's Sloan Ratio % of -6.22% can be compared against companies in the Chemicals 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 Chemicals company?
A good Sloan Ratio % depends on the Chemicals 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 Hydrograph Clean Power and its competitors. Hydrograph Clean Power's current Sloan Ratio % is -6.22%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hydrograph Clean Power stock overvalued right now?
Hydrograph Clean Power (FRA:M98) has a current Sloan Ratio % of -6.22%. The current Sloan Ratio % is -6.22%. Hydrograph Clean Power's overall GF Score™ is 38/100 with 1 warning sign 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 Hydrograph Clean Power (FRA:M98), the current Sloan Ratio % is -6.22% 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.

Hydrograph Clean Power Business Description

Address 1199 West Hastings Street, Suite 1100, Vancouver, BC, CAN, V6E 3T5
Hydrograph Clean Power Inc is engaged in the acquisition and development of graphene and hydrogen-related products and services. The company's products include Fractal graphene and Reactive Graphene.
38GF Score

Get the complete analysis for FRA:M98

Sloan Ratio % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€3.73
Price