Boss Packaging Solutions (NSE:BOSS) Sloan Ratio %: 42.42% (As of Mar. 2024)

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NSE:BOSS Boss Packaging Solutions Ltd NSE:BOSS
22 GF Score
Price ₹34.20
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What is Boss Packaging Solutions Sloan Ratio %?

Boss Packaging Solutions NSE:BOSS 22 Sloan Ratio % is 42.42% as of Mar. 2024. GuruFocus rates NSE:BOSS with a GF Score™ of 22/100.

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.

Boss Packaging Solutions's Sloan Ratio for the quarter that ended in Mar. 2024 was 42.42%.

As of Mar. 2024, Boss Packaging Solutions has a Sloan Ratio of 42.42%, indicating earnings are more likely to be made up of accruals.


Boss Packaging Solutions  (NSE:BOSS) 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.

According to How to Beat the Market with the Sloan Ratio:

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. 2024, Boss Packaging Solutions has a Sloan Ratio of 42.42%, indicating earnings are more likely to be made up of accruals.


Boss Packaging Solutions Sloan Ratio % Related Terms


Boss Packaging Solutions Sloan Ratio % Historical Data

* Premium members only.

The historical data trend for Boss Packaging Solutions'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.

Boss Packaging Solutions Sloan Ratio % Chart

Boss Packaging Solutions Annual Data
Trend Mar22 Mar23 Mar24
Sloan Ratio %
-0.72 12.30 42.42

Boss Packaging Solutions Semi-Annual Data
Mar22 Mar23 Mar24
Sloan Ratio % 0.00 12.30 42.42

NSE:BOSS vs GEV, ETN, PH: Sloan Ratio % Comparison

For the Specialty Industrial Machinery subindustry, Boss Packaging Solutions'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.


Boss Packaging Solutions Sloan Ratio % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Boss Packaging Solutions's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Boss Packaging Solutions's Sloan Ratio % falls into.


NSE:BOSS
22GF Score
Boss Packaging Solutions Ltd NSE:BOSS
Sloan Ratio % is just one metric. See GF Score™, valuation, warning signs, and more.
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Boss Packaging Solutions Sloan Ratio % Calculation

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.

Boss Packaging Solutions's Sloan Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Sloan Ratio=(Net Income (A: Mar. 2024 )-Cash Flow from Operations (A: Mar. 2024 )
-Cash Flow from Investing (A: Mar. 2024 ))/Total Assets (A: Mar. 2024 )
=(10.104--21.851
--0.541)/76.61
=42.42%

Boss Packaging Solutions's Sloan Ratio for the quarter that ended in Mar. 2024 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Mar. 2024 )
=(-
-)/
=%

Boss Packaging Solutions does not have enough years/quarters to calculate the Net Income, Cash Flow from Investing, and Cash Flow from Investing for the trailing twelve months (TTM) ended in Mar. 2024.

* 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.

Frequently Asked Questions Learn more about Sloan Ratio % →
What does a Sloan Ratio % of 42.42% mean?
Boss Packaging Solutions (NSE:BOSS) has a Sloan Ratio % of 42.42% as of Mar. 2024. Sloan ratio measures earnings quality based on the amount of accruals. View historical data on Boss Packaging Solutions and its competitors.
Is Boss Packaging Solutions' Sloan Ratio % too high?
Boss Packaging Solutions' current Sloan Ratio % is 42.42%. Overall, Boss Packaging Solutions has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Boss Packaging Solutions' Sloan Ratio % compare to GEV and ETN?
Boss Packaging Solutions' Sloan Ratio % of 42.42% can be compared against companies in the Industrial Products 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 Industrial Products company?
A good Sloan Ratio % depends on the Industrial Products 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 Boss Packaging Solutions and its competitors. Boss Packaging Solutions's current Sloan Ratio % is 42.42%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Boss Packaging Solutions stock overvalued right now?
Boss Packaging Solutions (NSE:BOSS) has a current Sloan Ratio % of 42.42%. The current Sloan Ratio % is 42.42%. Boss Packaging Solutions' overall GF Score™ is 22/100. 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 Boss Packaging Solutions (NSE:BOSS), the current Sloan Ratio % is 42.42% as of Mar. 2024. 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.

Boss Packaging Solutions Business Description

Address Vin Zol Road, Opposite Ramol Mehmdabad Highway, 11-C, Survey No. 56/1/2/3, Ramdev Estate, Near Siddipura Estate, Ahmedabad, GJ, IND, 382445
Boss Packaging Solutions Ltd is a manufacturer, supplier and exporter of diversified packaging machines, self-adhesive sticker labelling machines, conveyors, turn tables, web sealers, electric tunnels, etc. its products find application in various end-use industries including edible oil, lubricants, chemicals, cosmetics, homecare, pharmaceuticals, viscous liquid, juices and dairy, agriculture and pesticides, food and ancillaries, cosmetic and toiletries, and distilleries and breweries.
22GF Score

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Sloan Ratio % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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