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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, Stara Planina Holding AD has a Sloan Ratio of 1.18%, indicating the company is in the safe zone and there is no funny business with accruals.
Stara Planina Holding AD (LTS:0O2S) 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, Stara Planina Holding AD has a Sloan Ratio of 1.18%, indicating the company is in the safe zone and there is no funny business with accruals.
Stara Planina Holding AD Sloan Ratio % Related Terms
Stara Planina Holding AD 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.
LTS:0O2S vs GEV, ETN, PH: Sloan Ratio % Comparison
For the Specialty Industrial Machinery subindustry, Stara Planina Holding AD'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.
Stara Planina Holding AD Sloan Ratio % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Stara Planina Holding AD's Sloan Ratio % distribution charts can be found below:
* The bar in red indicates where Stara Planina Holding AD's Sloan Ratio % falls into.
Stara Planina Holding AD 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.
Stara Planina Holding AD's Sloan Ratio for the fiscal year that ended in Dec. 2025 is calculated as
Stara Planina Holding AD's Net Income for the trailing twelve months (TTM) ended in Mar. 2026 was 0.963 (Jun. 2025 ) + 6.126 (Sep. 2025 ) + 0.097 (Dec. 2025 ) + 1.767 (Mar. 2026 ) = лв9.0 Mil.
Stara Planina Holding AD's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was 6.547 (Jun. 2025 ) + 7.082 (Sep. 2025 ) + 5.941 (Dec. 2025 ) + 10.17 (Mar. 2026 ) = лв29.7 Mil.
Stara Planina Holding AD's Cash Flow from Investing for the trailing twelve months (TTM) ended in Mar. 2026 was -8.071 (Jun. 2025 ) + -5.842 (Sep. 2025 ) + -10.385 (Dec. 2025 ) + -0.177 (Mar. 2026 ) = лв-24.5 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.
Stara Planina Holding AD (LTS:0O2S) has a Sloan Ratio % of 1.18% as of Mar. 2026. Sloan ratio measures earnings quality based on the amount of accruals. View historical data on Stara Planina Holding AD and its competitors.
Is Stara Planina Holding AD's Sloan Ratio % too high?
Stara Planina Holding AD's current Sloan Ratio % is 1.18%. Overall, Stara Planina Holding AD has a GF Score™ of 69/100, reflecting its overall financial health beyond just this single metric.
How does Stara Planina Holding AD's Sloan Ratio % compare to GEV and ETN?
Stara Planina Holding AD's Sloan Ratio % of 1.18% can be compared against companies in the Industrial Products 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 Industrial Products company?
A good Sloan Ratio % depends on the Industrial Products 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 Stara Planina Holding AD and its competitors. Stara Planina Holding AD's current Sloan Ratio % is 1.18%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Stara Planina Holding AD stock overvalued right now?
Stara Planina Holding AD (LTS:0O2S) has a current Sloan Ratio % of 1.18%. The stock's GF Value™ is лв16.47, compared to a current price of лв7.50 — trading 54.5% below its estimated fair value. The current Sloan Ratio % is 1.18%. Stara Planina Holding AD's overall GF Score™ is 69/100 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 Stara Planina Holding AD (LTS:0O2S), the current Sloan Ratio % is 1.18% 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 Stara Planina Holding AD (LTS:0O2S) Overvalued in 2026?
Based on GuruFocus' analysis, Stara Planina Holding AD stock appears to be undervalued.
The current stock price of лв7.50 is trading 54.5% below its estimated GF Value™ of лв16.47.
Key valuation signals for LTS:0O2S:
Sloan Ratio %: 1.18%
GF Value™: лв16.47 vs. price of лв7.50 (54.5% below fair value)
No single metric tells the full story. See the LTS:0O2S stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Stara Planina Holding AD is a holding company. The company is engaged in the acquisition, management, evaluation, and sale of shareholdings in Bulgarian and foreign companies; acquisition, management, and sale of bonds, evaluation and sale of patents, transfer of licenses for the use of patents, belonging to companies where the holding company has participation; financing companies where the holding company has participations; other commercial operations, except those prohibited by law. The investment portfolio of the holding is distributed mainly in the following industries, Machine Building; Electrical Engineering, Light Industry, and Financial.
69GF Score
Get the complete analysis for LTS:0O2S
Sloan Ratio % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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