GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » PAMEL Yenilenebilir Elektrik Uretim (IST:PAMEL) » Definitions » Sloan Ratio %

PAMEL Yenilenebilir Elektrik Uretim (IST:PAMEL) Sloan Ratio % : 4.21% (As of Sep. 2024)


View and export this data going back to 2014. Start your Free Trial

What is PAMEL Yenilenebilir Elektrik Uretim 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.

PAMEL Yenilenebilir Elektrik Uretim's Sloan Ratio for the quarter that ended in Sep. 2024 was 4.21%.

As of Sep. 2024, PAMEL Yenilenebilir Elektrik Uretim has a Sloan Ratio of 4.21%, indicating the company is in the safe zone and there is no funny business with accruals.


PAMEL Yenilenebilir Elektrik Uretim Sloan Ratio % Historical Data

The historical data trend for PAMEL Yenilenebilir Elektrik Uretim'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.

PAMEL Yenilenebilir Elektrik Uretim Sloan Ratio % Chart

PAMEL Yenilenebilir Elektrik Uretim Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Sloan Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -8.58 -4.40 3.95 15.88 18.85

PAMEL Yenilenebilir Elektrik Uretim Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 34.11 18.50 10.86 12.47 4.21

Competitive Comparison of PAMEL Yenilenebilir Elektrik Uretim's Sloan Ratio %

For the Utilities - Renewable subindustry, PAMEL Yenilenebilir Elektrik Uretim'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.


PAMEL Yenilenebilir Elektrik Uretim's Sloan Ratio % Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, PAMEL Yenilenebilir Elektrik Uretim's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where PAMEL Yenilenebilir Elektrik Uretim's Sloan Ratio % falls into.



PAMEL Yenilenebilir Elektrik Uretim 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.

PAMEL Yenilenebilir Elektrik Uretim's Sloan Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Sloan Ratio=(Net Income (A: Dec. 2023 )-Cash Flow from Operations (A: Dec. 2023 )
-Cash Flow from Investing (A: Dec. 2023 ))/Total Assets (A: Dec. 2023 )
=(186.898-69.015
--50.524)/893.278
=18.85%

PAMEL Yenilenebilir Elektrik Uretim's Sloan Ratio for the quarter that ended in Sep. 2024 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Sep. 2024 )
=(-20.538-47.523
--119.309)/1218.32
=4.21%

PAMEL Yenilenebilir Elektrik Uretim's Net Income for the trailing twelve months (TTM) ended in Sep. 2024 was 58.922 (Dec. 2023 ) + 12.383 (Mar. 2024 ) + -49.212 (Jun. 2024 ) + -42.631 (Sep. 2024 ) = ₺-20.54 Mil.
PAMEL Yenilenebilir Elektrik Uretim's Cash Flow from Operations for the trailing twelve months (TTM) ended in Sep. 2024 was 88.063 (Dec. 2023 ) + -0.586 (Mar. 2024 ) + -4.857 (Jun. 2024 ) + -35.097 (Sep. 2024 ) = ₺47.52 Mil.
PAMEL Yenilenebilir Elektrik Uretim's Cash Flow from Investing for the trailing twelve months (TTM) ended in Sep. 2024 was -27.537 (Dec. 2023 ) + -45.301 (Mar. 2024 ) + -35.405 (Jun. 2024 ) + -11.066 (Sep. 2024 ) = ₺-119.31 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.


PAMEL Yenilenebilir Elektrik Uretim  (IST:PAMEL) 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 Sep. 2024, PAMEL Yenilenebilir Elektrik Uretim has a Sloan Ratio of 4.21%, indicating the company is in the safe zone and there is no funny business with accruals.


PAMEL Yenilenebilir Elektrik Uretim Sloan Ratio % Related Terms

Thank you for viewing the detailed overview of PAMEL Yenilenebilir Elektrik Uretim's Sloan Ratio % provided by GuruFocus.com. Please click on the following links to see related term pages.


PAMEL Yenilenebilir Elektrik Uretim Business Description

Traded in Other Exchanges
N/A
Address
Maslak mahallesi Eski Buyukdere Cad, Iz Plaza Aptartment No: 9/53 Sariyer, Istanbul, TUR
PAMEL Yenilenebilir Elektrik Uretim operates in the renewable energy sector. It holds two hydroelectric power plants with an installed capacity of 6.744 MW in Adiyaman and 7.49 MW in Tortum district in Erzurum province.

PAMEL Yenilenebilir Elektrik Uretim Headlines

No Headlines