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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.
EZGO Technologies's Sloan Ratio for the quarter that ended in Mar. 2026 was -15.80%.
As of Mar. 2026, EZGO Technologies has a Sloan Ratio of -15.80%, indicating there is a warning stage of accrual build up.
EZGO Technologies (NAS:EZGO) 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, EZGO Technologies has a Sloan Ratio of -15.80%, indicating there is a warning stage of accrual build up.
EZGO Technologies Sloan Ratio % Related Terms
EZGO Technologies Sloan Ratio % Historical Data
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The historical data trend for EZGO Technologies'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.
EZGO vs VMAR, VEEE, MCOM: Sloan Ratio % Comparison
For the Recreational Vehicles subindustry, EZGO Technologies'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.
EZGO Technologies Sloan Ratio % vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, EZGO Technologies's Sloan Ratio % distribution charts can be found below:
* The bar in red indicates where EZGO Technologies'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.
EZGO Technologies's Sloan Ratio for the fiscal year that ended in Sep. 2025 is calculated as
For company reported semi-annually, GuruFocus uses latest two semi-annual data as the TTM data.
EZGO Technologies's Net Income for the trailing twelve months (TTM) ended in Mar. 2026 was -7.5563630000018 (Sep. 2025 ) + -3.6090270000026 (Mar. 2026 ) = $-11.17 Mil.
EZGO Technologies's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was -2.4110980000008 (Sep. 2025 ) + -6.2576830000045 (Mar. 2026 ) = $-8.67 Mil.
EZGO Technologies's Cash Flow from Investing for the trailing twelve months (TTM) ended in Mar. 2026 was 2.0240630000034 (Sep. 2025 ) + 8.1545840000058 (Mar. 2026 ) = $10.18 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.
EZGO Technologies (EZGO) has a Sloan Ratio % of -15.80% as of Mar. 2026. Sloan ratio measures earnings quality based on the amount of accruals. View historical data on EZGO Technologies and its competitors.
Is EZGO Technologies' Sloan Ratio % too high?
EZGO Technologies' current Sloan Ratio % is -15.80%. Overall, EZGO Technologies has a GF Score™ of 37/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does EZGO Technologies' Sloan Ratio % compare to VMAR and VEEE?
EZGO Technologies' Sloan Ratio % of -15.80% can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Sloan Ratio % depends on the Vehicles & Parts 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 EZGO Technologies and its competitors. EZGO Technologies's current Sloan Ratio % is -15.80%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is EZGO Technologies stock overvalued right now?
Based on GuruFocus' analysis, EZGO Technologies (EZGO) is currently considered Possible Value Trap. The stock's GF Value™ is $737.86, compared to a current price of $0.92 — trading 99.9% below its estimated fair value. The current Sloan Ratio % is -15.80%. EZGO Technologies' overall GF Score™ is 37/100 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 EZGO Technologies (EZGO), the current Sloan Ratio % is -15.80% 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 EZGO Technologies (EZGO) Overvalued in 2026?
Based on GuruFocus' analysis, EZGO Technologies stock appears to be undervalued.
The current stock price of $0.92 is trading 99.9% below its estimated GF Value™ of $737.86.
GuruFocus considers EZGO Technologies to be Possible Value Trap.
Key valuation signals for EZGO:
Sloan Ratio %: -15.80%
GF Value™: $737.86 vs. price of $0.92 (99.9% below fair value)
No single metric tells the full story. See the EZGO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AddressChangzhou Institute of Dalian University of Technology, Building No. A, Floor 2, Science and Education Town, Wujin District, Jiangsu, Changzhou, CHN, 213164
EZGO Technologies Ltd is engaged in the sale of e-bicycles and battery and e-bicycle rentals, complemented by the sale of battery packs, battery cell trading and charging pile business. Its product categories include e-bicycle, Intelligent unmanned patrol car, e-motorcycle and e-moped and urban style e-tricycle. Its segments include the Battery cells and packs, electronic control system and intelligent robot segment. and the E-bicycle sales segment. The company generates maximum revenue from the Battery cells and packs segment.
37GF Score
Get the complete analysis for EZGO
Sloan Ratio % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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