Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
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.
Nishat Power's Sloan Ratio for the quarter that ended in Mar. 2026 was 42.46%.
As of Mar. 2026, Nishat Power has a Sloan Ratio of 42.46%, indicating there is a warning stage of accrual build up.
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 Mar. 2026, Nishat Power has a Sloan Ratio of 42.46%, indicating there is a warning stage of accrual build up.
Nishat Power Sloan Ratio % Related Terms
Nishat Power Sloan Ratio % Historical Data
* Premium members only.
The historical data trend for Nishat Power'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.
KAR:NPL vs CEG, VST, NRG: Sloan Ratio % Comparison
For the Utilities - Independent Power Producers subindustry, Nishat Power'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.
Nishat Power Sloan Ratio % vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Nishat Power's Sloan Ratio % distribution charts can be found below:
* The bar in red indicates where Nishat Power'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.
Nishat Power's Sloan Ratio for the fiscal year that ended in Jun. 2025 is calculated as
Nishat Power's Net Income for the trailing twelve months (TTM) ended in Mar. 2026 was 1366.066 (Jun. 2025 ) + 584.3 (Sep. 2025 ) + 383.977 (Dec. 2025 ) + 690.978 (Mar. 2026 ) = ₨3,025 Mil.
Nishat Power's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was 1370.237 (Jun. 2025 ) + 133.94 (Sep. 2025 ) + 540.6 (Dec. 2025 ) + -1534.388 (Mar. 2026 ) = ₨510 Mil.
Nishat Power's Cash Flow from Investing for the trailing twelve months (TTM) ended in Mar. 2026 was -9793.154 (Jun. 2025 ) + -5386.401 (Sep. 2025 ) + 528.629 (Dec. 2025 ) + 2392.909 (Mar. 2026 ) = ₨-12,258 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.
Nishat Power (KAR:NPL) has a Sloan Ratio % of 42.46% as of Mar. 2026. Sloan ratio measures earnings quality based on the amount of accruals. View historical data on Nishat Power and its competitors.
Is Nishat Power's Sloan Ratio % too high?
Nishat Power's current Sloan Ratio % is 42.46%. Overall, Nishat Power has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nishat Power's Sloan Ratio % compare to CEG and VST?
Nishat Power's Sloan Ratio % of 42.46% can be compared against companies in the Utilities - Independent Power Producers 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 an Utilities - Independent Power Producers company?
A good Sloan Ratio % depends on the Utilities - Independent Power Producers 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 Nishat Power and its competitors. Nishat Power's current Sloan Ratio % is 42.46%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nishat Power stock overvalued right now?
Based on GuruFocus' analysis, Nishat Power (KAR:NPL) is currently considered Significantly Overvalued. The stock's GF Value™ is ₨20.61, compared to a current price of ₨71.98 — trading 249.2% above its estimated fair value. The current Sloan Ratio % is 42.46%. Nishat Power's overall GF Score™ is 59/100 with 7 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 Nishat Power (KAR:NPL), the current Sloan Ratio % is 42.46% as of Mar. 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 Nishat Power (KAR:NPL) Overvalued in 2026?
Based on GuruFocus' analysis, Nishat Power stock appears to be overvalued.
The current stock price of ₨71.98 is trading 249.2% above its estimated GF Value™ of ₨20.61.
GuruFocus considers Nishat Power to be Significantly Overvalued.
Key valuation signals for KAR:NPL:
Sloan Ratio %: 42.46%
GF Value™: ₨20.61 vs. price of ₨71.98 (249.2% above fair value)
No single metric tells the full story. See the KAR:NPL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nishat Power Ltd is a company whose principal activity is to build, own, operate and maintain a fuel-fired power plant based on Reciprocating Engine Technology having a gross capacity of 200MW in Jamber Kalan, Tehsil Pattoki, District Kasur, Punjab, Pakistan. It operates in single operating segment being: Revenue from sale of electricity relates to CPPA-G.
59GF Score
Get the complete analysis for KAR:NPL
Sloan Ratio % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
KAR:NPL has been successfully added to your 
