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Fenerbahce Futbol Anonim Sirketi (IST:FENER) Sloan Ratio % : -3.25% (As of Aug. 2024)


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What is Fenerbahce Futbol Anonim Sirketi Sloan Ratio %?

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.

Fenerbahce Futbol Anonim Sirketi's Sloan Ratio for the quarter that ended in Aug. 2024 was -3.25%.

As of Aug. 2024, Fenerbahce Futbol Anonim Sirketi has a Sloan Ratio of -3.25%, indicating the company is in the safe zone and there is no funny business with accruals.


Fenerbahce Futbol Anonim Sirketi Sloan Ratio % Historical Data

The historical data trend for Fenerbahce Futbol Anonim Sirketi'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.

* Premium members only.

Fenerbahce Futbol Anonim Sirketi Sloan Ratio % Chart

Fenerbahce Futbol Anonim Sirketi Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
Sloan Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -18.71 4.88 -3.28 -2.79 -0.92

Fenerbahce Futbol Anonim Sirketi Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
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 13.21 17.49 6.03 19.99 -3.25

Competitive Comparison of Fenerbahce Futbol Anonim Sirketi's Sloan Ratio %

For the Entertainment subindustry, Fenerbahce Futbol Anonim Sirketi'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.


Fenerbahce Futbol Anonim Sirketi's Sloan Ratio % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Fenerbahce Futbol Anonim Sirketi's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Fenerbahce Futbol Anonim Sirketi's Sloan Ratio % falls into.



Fenerbahce Futbol Anonim Sirketi 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.

Fenerbahce Futbol Anonim Sirketi's Sloan Ratio for the fiscal year that ended in May. 2024 is calculated as

Sloan Ratio=(Net Income (A: May. 2024 )-Cash Flow from Operations (A: May. 2024 )
-Cash Flow from Investing (A: May. 2024 ))/Total Assets (A: May. 2024 )
=(1587.154-1758.169
--94.267)/8329.347
=-0.92%

Fenerbahce Futbol Anonim Sirketi's Sloan Ratio for the quarter that ended in Aug. 2024 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Aug. 2024 )
=(1295.015-1778.175
--74.822)/12553.009
=-3.25%

Fenerbahce Futbol Anonim Sirketi's Net Income for the trailing twelve months (TTM) ended in Aug. 2024 was -244.896 (Nov. 2023 ) + -438.413 (Feb. 2024 ) + 1362.123 (May. 2024 ) + 616.201 (Aug. 2024 ) = ₺1,295 Mil.
Fenerbahce Futbol Anonim Sirketi's Cash Flow from Operations for the trailing twelve months (TTM) ended in Aug. 2024 was -116.178 (Nov. 2023 ) + 300.006 (Feb. 2024 ) + -9.457 (May. 2024 ) + 1603.804 (Aug. 2024 ) = ₺1,778 Mil.
Fenerbahce Futbol Anonim Sirketi's Cash Flow from Investing for the trailing twelve months (TTM) ended in Aug. 2024 was -85.132 (Nov. 2023 ) + 127.266 (Feb. 2024 ) + 151.086 (May. 2024 ) + -268.042 (Aug. 2024 ) = ₺-75 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.


Fenerbahce Futbol Anonim Sirketi  (IST:FENER) 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 Aug. 2024, Fenerbahce Futbol Anonim Sirketi has a Sloan Ratio of -3.25%, indicating the company is in the safe zone and there is no funny business with accruals.


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Fenerbahce Futbol Anonim Sirketi Business Description

Traded in Other Exchanges
N/A
Address
Fenerbahce sukru Saracoglu Stadi, Maraton Girisi, Kiziltoprak, Kadikoy, Istanbul, TUR, 34724
Fenerbahce Futbol Anonim Sirketi manages the Fenerbahce Sports Club in Turkey. The facilities provided by the sports club includes The Stadium, The Social Venue, The Training Complex, The Sports Hall, and The Swimming Pool among others.

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