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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.
Cy4gate SpA's Sloan Ratio for the quarter that ended in Mar. 2026 was 0.00%.
As of Mar. 2026, Cy4gate SpA has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.
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, Cy4gate SpA has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.
Cy4gate SpA Sloan Ratio % Related Terms
Cy4gate SpA Sloan Ratio % Historical Data
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The historical data trend for Cy4gate SpA'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.
MIL:CY4 vs MSFT, ORCL, PLTR: Sloan Ratio % Comparison
For the Software - Infrastructure subindustry, Cy4gate SpA'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.
Cy4gate SpA Sloan Ratio % vs Software Industry
For the Software industry and Technology sector, Cy4gate SpA's Sloan Ratio % distribution charts can be found below:
* The bar in red indicates where Cy4gate SpA'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.
Cy4gate SpA's Sloan Ratio for the fiscal year that ended in Dec. 2025 is calculated as
Cy4gate SpA's Net Income for the trailing twelve months (TTM) ended in Mar. 2026 was -3.554 (Jun. 2025 ) + -0.021 (Sep. 2025 ) + -0.787 (Dec. 2025 ) + -1.915 (Mar. 2026 ) = €-6.3 Mil.
Cy4gate SpA's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was 0 (Jun. 2025 ) + 0 (Sep. 2025 ) + 0 (Dec. 2025 ) + 0 (Mar. 2026 ) = €0.0 Mil.
Cy4gate SpA's Cash Flow from Investing for the trailing twelve months (TTM) ended in Mar. 2026 was 0 (Jun. 2025 ) + 0 (Sep. 2025 ) + 0 (Dec. 2025 ) + 0 (Mar. 2026 ) = €0.0 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.
Cy4gate SpA (MIL:CY4) has a Sloan Ratio % of 0.00% as of Mar. 2026. Sloan ratio measures earnings quality based on the amount of accruals. View historical data on Cy4gate SpA and its competitors.
Is Cy4gate SpA's Sloan Ratio % too high?
Cy4gate SpA's current Sloan Ratio % is 0.00%. Overall, Cy4gate SpA has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Cy4gate SpA's Sloan Ratio % compare to MSFT and ORCL?
Cy4gate SpA's Sloan Ratio % of 0.00% can be compared against companies in the Software 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 Software company?
A good Sloan Ratio % depends on the Software 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 Cy4gate SpA and its competitors. Cy4gate SpA's current Sloan Ratio % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cy4gate SpA stock overvalued right now?
Based on GuruFocus' analysis, Cy4gate SpA (MIL:CY4) is currently considered Fairly Valued. The stock's GF Value™ is €9.79, compared to a current price of €9.72 — trading 0.7% below its estimated fair value. The current Sloan Ratio % is 0.00%. Cy4gate SpA's overall GF Score™ is 76/100 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 Cy4gate SpA (MIL:CY4), the current Sloan Ratio % is 0.00% 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 Cy4gate SpA (MIL:CY4) Overvalued in 2026?
Based on GuruFocus' analysis, Cy4gate SpA stock appears to be undervalued.
The current stock price of €9.72 is trading 0.7% below its estimated GF Value™ of €9.79.
GuruFocus considers Cy4gate SpA to be Fairly Valued.
Key valuation signals for MIL:CY4:
Sloan Ratio %: 0.00%
GF Value™: €9.79 vs. price of €9.72 (0.7% below fair value)
No single metric tells the full story. See the MIL:CY4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cy4gate SpA is engaged in the design, development and production of technologies, products, systems and services. Its corporate solutions include Cyber Resilience, Education & Training, Corporate Intelligence; and government solutions include Cyber Intelligence & Cyber Security. The company has a single operating segment, that of the development and marketing of cyber intelligence and cyber security products. Geographically it operates in Italy and outside Italy from where it derives the majority of revenue.
76GF Score
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Sloan Ratio % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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