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.
Orix Jreit's Sloan Ratio for the quarter that ended in Feb. 2026 was 8.99%.
As of Feb. 2026, Orix Jreit has a Sloan Ratio of 8.99%, indicating the company is in the safe zone and there is no funny business with accruals.
Orix Jreit (FRA:O2F) 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 Feb. 2026, Orix Jreit has a Sloan Ratio of 8.99%, indicating the company is in the safe zone and there is no funny business with accruals.
Orix Jreit Sloan Ratio % Related Terms
Orix Jreit Sloan Ratio % Historical Data
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The historical data trend for Orix Jreit'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.
FRA:O2F vs BXP, ARE, VNO: Sloan Ratio % Comparison
For the REIT - Office subindustry, Orix Jreit'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.
Orix Jreit Sloan Ratio % vs REITs Industry
For the REITs industry and Real Estate sector, Orix Jreit's Sloan Ratio % distribution charts can be found below:
* The bar in red indicates where Orix Jreit'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.
Orix Jreit's Sloan Ratio for the fiscal year that ended in Aug. 2025 is calculated as
For company reported semi-annually, GuruFocus uses latest two semi-annual data as the TTM data.
Orix Jreit's Net Income for the trailing twelve months (TTM) ended in Feb. 2026 was 72.784 (Aug. 2025 ) + 78.566 (Feb. 2026 ) = €151.4 Mil.
Orix Jreit's Cash Flow from Operations for the trailing twelve months (TTM) ended in Feb. 2026 was 112.141 (Aug. 2025 ) + 138.189 (Feb. 2026 ) = €250.3 Mil.
Orix Jreit's Cash Flow from Investing for the trailing twelve months (TTM) ended in Feb. 2026 was -272.392 (Aug. 2025 ) + -191.093 (Feb. 2026 ) = €-463.5 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.
Orix Jreit (FRA:O2F) has a Sloan Ratio % of 8.99% as of Feb. 2026. Sloan ratio measures earnings quality based on the amount of accruals. View historical data on Orix Jreit and its competitors.
Is Orix Jreit's Sloan Ratio % too high?
Orix Jreit's current Sloan Ratio % is 8.99%. Overall, Orix Jreit has a GF Score™ of 66/100, reflecting its overall financial health beyond just this single metric.
How does Orix Jreit's Sloan Ratio % compare to BXP and ARE?
Orix Jreit's Sloan Ratio % of 8.99% can be compared against companies in the REITs 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 REITs company?
A good Sloan Ratio % depends on the REITs 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 Orix Jreit and its competitors. Orix Jreit's current Sloan Ratio % is 8.99%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Orix Jreit stock overvalued right now?
Orix Jreit (FRA:O2F) has a current Sloan Ratio % of 8.99%. The stock's GF Value™ is €523.50, compared to a current price of €500.00 — trading 4.5% below its estimated fair value. The current Sloan Ratio % is 8.99%. Orix Jreit's overall GF Score™ is 66/100 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 Orix Jreit (FRA:O2F), the current Sloan Ratio % is 8.99% as of Feb. 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 Orix Jreit (FRA:O2F) Overvalued in 2026?
Based on GuruFocus' analysis, Orix Jreit stock appears to be undervalued.
The current stock price of €500.00 is trading 4.5% below its estimated GF Value™ of €523.50.
Key valuation signals for FRA:O2F:
Sloan Ratio %: 8.99%
GF Value™: €523.50 vs. price of €500.00 (4.5% below fair value)
No single metric tells the full story. See the FRA:O2F stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Orix Jreit Inc is a real estate investment trust engaged in the acquisition, ownership, and leasing of properties throughout Japan. In terms of asset acquisition price, the majority of the company's real estate portfolio comprises office buildings. Retail facilities and residential properties together also make up a considerable percentage of this portfolio. Orix JREIT's real estate assets are mostly located in the Greater Tokyo area, with those in the Central Wards of Tokyo representing the geographic segment in terms of property acquisition price. The company derives nearly all of its income in the form of rental revenue from tenants.
66GF Score
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Sloan Ratio % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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