FUNN (Amfil Technologies) Sloan Ratio %: -22.04% (As of Jun. 2023)

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What is Amfil Technologies Sloan Ratio %?

Amfil Technologies FUNN Sloan Ratio % is -22.04% as of Jun. 2023.

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.

Amfil Technologies's Sloan Ratio for the quarter that ended in Jun. 2023 was -22.04%.

As of Jun. 2023, Amfil Technologies has a Sloan Ratio of -22.04%, indicating there is a warning stage of accrual build up.


Amfil Technologies  (OTCPK:FUNN) 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 Jun. 2023, Amfil Technologies has a Sloan Ratio of -22.04%, indicating there is a warning stage of accrual build up.


Amfil Technologies Sloan Ratio % Related Terms


Amfil Technologies Sloan Ratio % Historical Data

* Premium members only.

The historical data trend for Amfil Technologies'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.

Amfil Technologies Sloan Ratio % Chart

Amfil Technologies Annual Data
Trend Jun03 Jun04 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun22 Jun23
Sloan Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 -30.95 -152.58 -46.72 -22.04

Amfil Technologies Semi-Annual Data
Jun99 Jun00 Jun01 Jun02 Jun03 Jun04 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun22 Jun23
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 0.00 -30.95 -152.58 -46.72 -22.04

FUNN vs AXXA, RJDG, PTEEF: Sloan Ratio % Comparison

For the Conglomerates subindustry, Amfil Technologies'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.


Amfil Technologies Sloan Ratio % vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Amfil Technologies's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Amfil Technologies's Sloan Ratio % falls into.



Amfil Technologies 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.

Amfil Technologies's Sloan Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Sloan Ratio=(Net Income (A: Jun. 2023 )-Cash Flow from Operations (A: Jun. 2023 )
-Cash Flow from Investing (A: Jun. 2023 ))/Total Assets (A: Jun. 2023 )
=(-1.081-0.187
--0.39)/3.983
=-22.04%

Amfil Technologies's Sloan Ratio for the quarter that ended in Jun. 2023 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Jun. 2023 )
=(-1.081-0.187
--0.39)/3.983
=-22.04%

For company reported annually, GuruFocus uses latest annual data as the TTM data. Amfil Technologies's Net Income for the trailing twelve months (TTM) ended in Jun. 2023 was $-1.08 Mil.
Amfil Technologies's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2023 was $0.19 Mil.
Amfil Technologies's Cash Flow from Investing for the trailing twelve months (TTM) ended in Jun. 2023 was $-0.39 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 -22.04% mean?
Amfil Technologies (FUNN) has a Sloan Ratio % of -22.04% as of Jun. 2023. Sloan ratio measures earnings quality based on the amount of accruals. View historical data on Amfil Technologies and its competitors.
Is Amfil Technologies' Sloan Ratio % too high?
Amfil Technologies' current Sloan Ratio % is -22.04%.
How does Amfil Technologies' Sloan Ratio % compare to AXXA and RJDG?
Amfil Technologies' Sloan Ratio % of -22.04% 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 Amfil Technologies and its competitors. Amfil Technologies's current Sloan Ratio % is -22.04%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Amfil Technologies stock overvalued right now?
Amfil Technologies (FUNN) has a current Sloan Ratio % of -22.04%. The current Sloan Ratio % is -22.04%. 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 Amfil Technologies (FUNN), the current Sloan Ratio % is -22.04% as of Jun. 2023. 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.

Amfil Technologies Business Description

Address 600 Bloor Street West, Toronto, ON, CAN, M6G 1K4
Amfil Technologies Inc is engaged in the acquisition of mid-sized companies and optimizing their operations. The company through its subsidiaries is engaged in the operation of board game-themed bars and cafes in Canada and the United States; it provides hardscape, landscape & home improvement construction services such as Driveways, Fencing, Painting, Winter Services, Demolition, & other services; and it is also engaged in providing of triple function sanitization unit capable of eliminating 99.9% of water and airborne pathogens and the typically problematic pests that wreak havoc for cultivators like aphids, whiteflies, and spider mites, as well as bacteria, fungus, microbes and mold on surfaces, all without chemicals.