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.
As of Mar. 2026, Link Real Estate Investment Trust has a Sloan Ratio of -6.44%, indicating the company is in the safe zone and there is no funny business with accruals.
Link Real Estate Investment Trust (OTCPK:LKREF) 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 Mar. 2026, Link Real Estate Investment Trust has a Sloan Ratio of -6.44%, indicating the company is in the safe zone and there is no funny business with accruals.
Link Real Estate Investment Trust Sloan Ratio % Related Terms
Link Real Estate Investment Trust Sloan Ratio % Historical Data
* 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.
Link Real Estate Investment Trust Sloan Ratio % Chart
For the REIT - Retail subindustry, Link Real Estate Investment Trust'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.
Link Real Estate Investment Trust Sloan Ratio % vs REITs Industry
For the REITs industry and Real Estate sector, Link Real Estate Investment Trust's Sloan Ratio % distribution charts can be found below:
* The bar in red indicates where Link Real Estate Investment Trust's Sloan Ratio % falls into.
Link Real Estate Investment Trust 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.
* 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.
Link Real Estate Investment Trust (LKREF) has a Sloan Ratio % of -6.44% as of Mar. 2026. Sloan ratio measures earnings quality based on the amount of accruals. View historical data on Link Real Estate Investment Trust and its competitors.
Is Link Real Estate Investment Trust's Sloan Ratio % too high?
Link Real Estate Investment Trust's current Sloan Ratio % is -6.44%. Overall, Link Real Estate Investment Trust has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Link Real Estate Investment Trust's Sloan Ratio % compare to SPG and O?
Link Real Estate Investment Trust's Sloan Ratio % of -6.44% can be compared against companies in the REITs 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 REITs company?
A good Sloan Ratio % depends on the REITs 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 Link Real Estate Investment Trust and its competitors. Link Real Estate Investment Trust's current Sloan Ratio % is -6.44%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Link Real Estate Investment Trust stock overvalued right now?
Based on GuruFocus' analysis, Link Real Estate Investment Trust (LKREF) is currently considered Fairly Valued. The stock's GF Value™ is $4.68, compared to a current price of $4.70 — trading 0.4% above its estimated fair value. The current Sloan Ratio % is -6.44%. Link Real Estate Investment Trust's overall GF Score™ is 67/100 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 Link Real Estate Investment Trust (LKREF), the current Sloan Ratio % is -6.44% 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 Link Real Estate Investment Trust (LKREF) Overvalued in 2026?
Based on GuruFocus' analysis, Link Real Estate Investment Trust stock appears to be overvalued.
The current stock price of $4.70 is trading 0.4% above its estimated GF Value™ of $4.68.
GuruFocus considers Link Real Estate Investment Trust to be Fairly Valued.
Key valuation signals for LKREF:
Sloan Ratio %: -6.44%
GF Value™: $4.68 vs. price of $4.70 (0.4% above fair value)
No single metric tells the full story. See the LKREF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Link Real Estate Investment Trust Business Description
Link REIT is Asia's largest REIT, listed in 2005 to privatize retail assets held by the Hong Kong Housing Authority. It owns 154 properties and around 57,000 car park spaces. It expanded its investment mandate in 2014 to allow overseas acquisitions, and has since acquired retail, office, and logistics properties in China, as well as an office development project in Hong Kong. Link also expanded its footprint to Sydney, Melbourne, London, and Singapore.
67GF Score
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