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.
Redelfi SpA's Sloan Ratio for the quarter that ended in Dec. 2025 was 24.17%.
As of Dec. 2025, Redelfi SpA has a Sloan Ratio of 24.17%, indicating there is a warning stage of accrual build up.
Redelfi SpA (MIL:RDF) 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, Redelfi SpA has a Sloan Ratio of 24.17%, indicating there is a warning stage of accrual build up.
Redelfi SpA Sloan Ratio % Related Terms
Redelfi SpA Sloan Ratio % Historical Data
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The historical data trend for Redelfi 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 Utilities - Renewable subindustry, Redelfi 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.
Redelfi SpA Sloan Ratio % vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Redelfi SpA's Sloan Ratio % distribution charts can be found below:
* The bar in red indicates where Redelfi 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.
Redelfi 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.
Redelfi SpA's Net Income for the trailing twelve months (TTM) ended in Dec. 2025 was 3.543 (Jun. 2025 ) + 1.675 (Dec. 2025 ) = €5.22 Mil.
Redelfi SpA's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was -0.542 (Jun. 2025 ) + -8.543 (Dec. 2025 ) = €-9.09 Mil.
Redelfi SpA's Cash Flow from Investing for the trailing twelve months (TTM) ended in Dec. 2025 was -6.17 (Jun. 2025 ) + -2.073 (Dec. 2025 ) = €-8.24 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.
Redelfi SpA (MIL:RDF) has a Sloan Ratio % of 24.17% as of Dec. 2025. Sloan ratio measures earnings quality based on the amount of accruals. View historical data on Redelfi SpA and its competitors.
Is Redelfi SpA's Sloan Ratio % too high?
Redelfi SpA's current Sloan Ratio % is 24.17%. Overall, Redelfi SpA has a GF Score™ of 41/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Redelfi SpA's Sloan Ratio % compare to competitors?
Redelfi SpA's Sloan Ratio % of 24.17% 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 Redelfi SpA and its competitors. Redelfi SpA's current Sloan Ratio % is 24.17%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Redelfi SpA stock overvalued right now?
Based on GuruFocus' analysis, Redelfi SpA (MIL:RDF) is currently considered Significantly Overvalued. The stock's GF Value™ is €2.21, compared to a current price of €11.24 — trading 408.6% above its estimated fair value. The current Sloan Ratio % is 24.17%. Redelfi SpA's overall GF Score™ is 41/100 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 Redelfi SpA (MIL:RDF), the current Sloan Ratio % is 24.17% 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 Redelfi SpA (MIL:RDF) Overvalued in 2026?
Based on GuruFocus' analysis, Redelfi SpA stock appears to be overvalued.
The current stock price of €11.24 is trading 408.6% above its estimated GF Value™ of €2.21.
GuruFocus considers Redelfi SpA to be Significantly Overvalued.
Key valuation signals for MIL:RDF:
Sloan Ratio %: 24.17%
GF Value™: €2.21 vs. price of €11.24 (408.6% above fair value)
No single metric tells the full story. See the MIL:RDF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Redelfi SpA operates as an industrial ESG management company. It specializes in the deployment of technological solutions related to the digital and ecological transition. The company's different business units are; Green which is engaged in the installation of renewable energy infrastructures (solar, wind, and hydroelectric), solar parks, mini hydroelectric power plants, energy storage parks, etc; MarTech which is oriented towards product and process innovation related to the IT market; and GreenTech which is engaged in the development of digital solutions (blockchain, crypto-currencies, etc.) for environmental projects such as reduction of CO2 emissions, fight against climate change, reforestation, etc.
41GF Score
Get the complete analysis for MIL:RDF
Sloan Ratio % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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