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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.
Karnell Group AB's Sloan Ratio for the quarter that ended in Jun. 2026 was 14.20%.
As of Jun. 2026, Karnell Group AB has a Sloan Ratio of 14.20%, indicating there is a warning stage of accrual build up.
Karnell Group AB (FRA:O4X) 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 Jun. 2026, Karnell Group AB has a Sloan Ratio of 14.20%, indicating there is a warning stage of accrual build up.
Karnell Group AB Sloan Ratio % Related Terms
Karnell Group AB Sloan Ratio % Historical Data
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The historical data trend for Karnell Group 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, Karnell Group 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.
Karnell Group AB Sloan Ratio % vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Karnell Group AB's Sloan Ratio % distribution charts can be found below:
* The bar in red indicates where Karnell Group 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.
Karnell Group AB's Sloan Ratio for the fiscal year that ended in Dec. 2025 is calculated as
Karnell Group AB's Net Income for the trailing twelve months (TTM) ended in Jun. 2026 was 4.1717265325714 (Sep. 2025 ) + 3.516337775981 (Dec. 2025 ) + 2.4780268998556 (Mar. 2026 ) + 5.0605721305189 (Jun. 2026 ) = €15.2 Mil.
Karnell Group AB's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was 4.9266342764186 (Sep. 2025 ) + 12.081852107903 (Dec. 2025 ) + 5.4984144042079 (Mar. 2026 ) + 5.5962700489078 (Jun. 2026 ) = €28.1 Mil.
Karnell Group AB's Cash Flow from Investing for the trailing twelve months (TTM) ended in Jun. 2026 was -9.7539866984414 (Sep. 2025 ) + -2.6391729863967 (Dec. 2025 ) + -13.437451528651 (Mar. 2026 ) + -24.60409069387 (Jun. 2026 ) = €-50.4 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.
Karnell Group AB (FRA:O4X) has a Sloan Ratio % of 14.20% as of Jun. 2026. Sloan ratio measures earnings quality based on the amount of accruals. View historical data on Karnell Group AB and its competitors.
Is Karnell Group AB's Sloan Ratio % too high?
Karnell Group AB's current Sloan Ratio % is 14.20%. Overall, Karnell Group AB has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Karnell Group AB's Sloan Ratio % compare to MMM and HON?
Karnell Group AB's Sloan Ratio % of 14.20% 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 Karnell Group AB and its competitors. Karnell Group AB's current Sloan Ratio % is 14.20%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Karnell Group AB stock overvalued right now?
Karnell Group AB (FRA:O4X) has a current Sloan Ratio % of 14.20%. The current Sloan Ratio % is 14.20%. Karnell Group AB's overall GF Score™ is 16/100 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 Karnell Group AB (FRA:O4X), the current Sloan Ratio % is 14.20% 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.
Karnell Group AB is a company that is an active owner of industrial technology companies. The Company's business concept is to use systematic and proactive acquisition strategies to identify and invest in industrial technology companies where Karnell believes there is development potential and thus an opportunity for value creation with Karnell as a long-term owner. It consists of twelve directly owned group companies, with subsidiaries, divided into two business areas that include Product companies and Niche manufacturers. The business area Product companies consists of companies that wholly or predominantly base their business on proprietary products, which may include various rights such as trademarks, patents, etc.
16GF Score
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