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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.
Napatech AS's Sloan Ratio for the quarter that ended in Mar. 2026 was 0.00%.
As of Mar. 2026, Napatech AS has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.
Napatech AS (OTCPK:NPTSF) 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, Napatech AS has a Sloan Ratio of 0.00%, indicating the company is in the safe zone and there is no funny business with accruals.
Napatech AS Sloan Ratio % Related Terms
Napatech AS Sloan Ratio % Historical Data
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The historical data trend for Napatech AS'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.
NPTSF vs CSCO, CIEN, MSI: Sloan Ratio % Comparison
For the Communication Equipment subindustry, Napatech AS'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.
Napatech AS Sloan Ratio % vs Hardware Industry
For the Hardware industry and Technology sector, Napatech AS's Sloan Ratio % distribution charts can be found below:
* The bar in red indicates where Napatech AS'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.
Napatech AS's Sloan Ratio for the fiscal year that ended in Dec. 2025 is calculated as
Napatech AS's Net Income for the trailing twelve months (TTM) ended in Mar. 2026 was -4.381 (Jun. 2025 ) + -1.764 (Sep. 2025 ) + -0.673 (Dec. 2025 ) + -3.313 (Mar. 2026 ) = $-10.13 Mil.
Napatech AS's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was -2.882 (Jun. 2025 ) + -0 (Sep. 2025 ) + 1.784 (Dec. 2025 ) + -0.741 (Mar. 2026 ) = $-1.84 Mil.
Napatech AS's Cash Flow from Investing for the trailing twelve months (TTM) ended in Mar. 2026 was -0.392 (Jun. 2025 ) + -0.27 (Sep. 2025 ) + -0.202 (Dec. 2025 ) + -0.155 (Mar. 2026 ) = $-1.02 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.
Napatech AS (NPTSF) 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 Napatech AS and its competitors.
Is Napatech AS's Sloan Ratio % too high?
Napatech AS's current Sloan Ratio % is 0.00%. Overall, Napatech AS has a GF Score™ of 47/100, reflecting its overall financial health beyond just this single metric.
How does Napatech AS's Sloan Ratio % compare to CSCO and CIEN?
Napatech AS's Sloan Ratio % of 0.00% can be compared against companies in the Hardware 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 Hardware company?
A good Sloan Ratio % depends on the Hardware 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 Napatech AS and its competitors. Napatech AS'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 Napatech AS stock overvalued right now?
Napatech AS (NPTSF) has a current Sloan Ratio % of 0.00%. The stock's GF Value™ is $1.41, compared to a current price of $2.22 — trading 57.4% above its estimated fair value. The current Sloan Ratio % is 0.00%. Napatech AS's overall GF Score™ is 47/100 with 1 warning sign 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 Napatech AS (NPTSF), 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 Napatech AS (NPTSF) Overvalued in 2026?
Based on GuruFocus' analysis, Napatech AS stock appears to be overvalued.
The current stock price of $2.22 is trading 57.4% above its estimated GF Value™ of $1.41.
Key valuation signals for NPTSF:
Sloan Ratio %: 0.00%
GF Value™: $1.41 vs. price of $2.22 (57.4% above fair value)
No single metric tells the full story. See the NPTSF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Napatech AS is a tech company. It enhances open and standard virtualized servers to boost innovation and release valuable computing resources that improve services and increase revenue. The Group manufactures and sells network adapters to end-users and through third-party channel partners. It derives the maximum of its revenue from the Americas.
47GF Score
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