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.
Ecomembrane SpA's Sloan Ratio for the quarter that ended in Dec. 2025 was 1.69%.
As of Dec. 2025, Ecomembrane SpA has a Sloan Ratio of 1.69%, indicating the company is in the safe zone and there is no funny business with accruals.
Ecomembrane SpA (MIL:ECMB) 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 Dec. 2025, Ecomembrane SpA has a Sloan Ratio of 1.69%, indicating the company is in the safe zone and there is no funny business with accruals.
Ecomembrane SpA Sloan Ratio % Related Terms
Ecomembrane SpA Sloan Ratio % Historical Data
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The historical data trend for Ecomembrane 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.
For the Packaging & Containers subindustry, Ecomembrane 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.
Ecomembrane SpA Sloan Ratio % vs Packaging & Containers Industry
For the Packaging & Containers industry and Consumer Cyclical sector, Ecomembrane SpA's Sloan Ratio % distribution charts can be found below:
* The bar in red indicates where Ecomembrane 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.
Ecomembrane SpA's Sloan Ratio for the fiscal year that ended in Dec. 2025 is calculated as
For company reported semi-annually, GuruFocus uses latest two semi-annual data as the TTM data.
Ecomembrane SpA's Net Income for the trailing twelve months (TTM) ended in Dec. 2025 was -2.086 (Jun. 2025 ) + 3.227 (Dec. 2025 ) = €1.14 Mil.
Ecomembrane SpA's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was 0.015 (Jun. 2025 ) + -0.666 (Dec. 2025 ) = €-0.65 Mil.
Ecomembrane SpA's Cash Flow from Investing for the trailing twelve months (TTM) ended in Dec. 2025 was 1.283 (Jun. 2025 ) + -0.17 (Dec. 2025 ) = €1.11 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.
Ecomembrane SpA (MIL:ECMB) has a Sloan Ratio % of 1.69% as of Dec. 2025. Sloan ratio measures earnings quality based on the amount of accruals. View historical data on Ecomembrane SpA and its competitors.
Is Ecomembrane SpA's Sloan Ratio % too high?
Ecomembrane SpA's current Sloan Ratio % is 1.69%. Overall, Ecomembrane SpA has a GF Score™ of 54/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ecomembrane SpA's Sloan Ratio % compare to SW and PKG?
Ecomembrane SpA's Sloan Ratio % of 1.69% can be compared against companies in the Packaging & Containers 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 Packaging & Containers company?
A good Sloan Ratio % depends on the Packaging & Containers 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 Ecomembrane SpA and its competitors. Ecomembrane SpA's current Sloan Ratio % is 1.69%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ecomembrane SpA stock overvalued right now?
Based on GuruFocus' analysis, Ecomembrane SpA (MIL:ECMB) is currently considered Significantly Undervalued. The stock's GF Value™ is €10.74, compared to a current price of €5.50 — trading 48.8% below its estimated fair value. The current Sloan Ratio % is 1.69%. Ecomembrane SpA's overall GF Score™ is 54/100 with 3 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 Ecomembrane SpA (MIL:ECMB), the current Sloan Ratio % is 1.69% as of Dec. 2025. 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 Ecomembrane SpA (MIL:ECMB) Overvalued in 2026?
Based on GuruFocus' analysis, Ecomembrane SpA stock appears to be undervalued.
The current stock price of €5.50 is trading 48.8% below its estimated GF Value™ of €10.74.
GuruFocus considers Ecomembrane SpA to be Significantly Undervalued.
Key valuation signals for MIL:ECMB:
Sloan Ratio %: 1.69%
GF Value™: €10.74 vs. price of €5.50 (48.8% below fair value)
No single metric tells the full story. See the MIL:ECMB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ecomembrane SpA operates in the sector of design, sale, and installation of components for biogas and biomethane production plants and gas storage systems, such as biogas, methane, CO2, and hydrogen. Specifically, it carries out production activity which mainly takes the form of cutting, high-frequency welding, and packaging of membrane covers using, as the main material, PVC-coated polyester fabric. The company operates globally and has an extensive network in the world in terms of installations as well as production structure. Its products include 3Master, 2 Master, Cupola M2- heat shield, Cupola M3, Econtainer, M1 cone, and Claricover.
54GF Score
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