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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.
Vinext SpA's Sloan Ratio for the quarter that ended in Dec. 2025 was 32.42%.
Warning Sign:
When sloan ratio (32.41)% higher than 25% or lower than -25%, earnings are more likely to be made up of accruals.
As of Dec. 2025, Vinext SpA has a Sloan Ratio of 32.42%, indicating earnings are more likely to be made up of 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 Dec. 2025, Vinext SpA has a Sloan Ratio of 32.42%, indicating earnings are more likely to be made up of accruals.
Vinext SpA Sloan Ratio % Related Terms
Vinext SpA Sloan Ratio % Historical Data
* Premium members only.
The historical data trend for Vinext 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.
Vinext SpA Sloan Ratio % Chart
Vinext SpA Annual Data
Trend
Dec23
Dec24
Dec25
Sloan Ratio %
0.00
14.10
32.41
Vinext SpA Semi-Annual Data
Dec23
Jun24
Dec24
Jun25
Dec25
Sloan Ratio %
0.00
0.00
0.00
0.00
32.42
MIL:VNXT vs LIN, SHW, ECL: Sloan Ratio % Comparison
For the Specialty Chemicals subindustry, Vinext 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.
Vinext SpA Sloan Ratio % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Vinext SpA's Sloan Ratio % distribution charts can be found below:
* The bar in red indicates where Vinext 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.
Vinext 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.
Vinext SpA's Net Income for the trailing twelve months (TTM) ended in Dec. 2025 was 0.117 (Jun. 2025 ) + 0.257 (Dec. 2025 ) = €0.37 Mil.
Vinext SpA's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was -0.921 (Jun. 2025 ) + -0.373 (Dec. 2025 ) = €-1.29 Mil.
Vinext SpA's Cash Flow from Investing for the trailing twelve months (TTM) ended in Dec. 2025 was -0.222 (Jun. 2025 ) + -0.537 (Dec. 2025 ) = €-0.76 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.
Vinext SpA (MIL:VNXT) has a Sloan Ratio % of 32.42% as of Dec. 2025. Sloan ratio measures earnings quality based on the amount of accruals. View historical data on Vinext SpA and its competitors.
Is Vinext SpA's Sloan Ratio % too high?
Vinext SpA's current Sloan Ratio % is 32.42%. Overall, Vinext SpA has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Vinext SpA's Sloan Ratio % compare to LIN and SHW?
Vinext SpA's Sloan Ratio % of 32.42% can be compared against companies in the Chemicals 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 Chemicals company?
A good Sloan Ratio % depends on the Chemicals 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 Vinext SpA and its competitors. Vinext SpA's current Sloan Ratio % is 32.42%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vinext SpA stock overvalued right now?
Vinext SpA (MIL:VNXT) has a current Sloan Ratio % of 32.42%. The current Sloan Ratio % is 32.42%. Vinext SpA's overall GF Score™ is 13/100 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 Vinext SpA (MIL:VNXT), the current Sloan Ratio % is 32.42% 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.
Vinext SpA is engaged in research, to provide solutions to the winemaking production chain , in terms of environmental impact, energy resources, water savings and management, and reduction of polluting emissions. It offers the agri-food sector solutions and customized consulting services for the recovery/reuse of process and washing water, the treatment of wastewater before discharge into the mains or surface water bodies, the sequestration and recovery of CO2 produced during processing, and the creation of soil improvers, fertilizers, and high-value natural compounds from production waste. The company's business units involve: Wine Products; Cleaning Sanitization, Ozone Engineering and Technology; and Agro.
13GF Score
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