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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.
Andfjordlmon Group AS's Sloan Ratio for the quarter that ended in Mar. 2026 was 28.79%.
Warning Sign:
When sloan ratio (37.86)% higher than 25% or lower than -25%, earnings are more likely to be made up of accruals.
As of Mar. 2026, Andfjordlmon Group AS has a Sloan Ratio of 28.79%, indicating earnings are more likely to be made up of accruals.
Andfjordlmon Group AS (OSL:ANDF) 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, Andfjordlmon Group AS has a Sloan Ratio of 28.79%, indicating earnings are more likely to be made up of accruals.
Andfjordlmon Group AS Sloan Ratio % Related Terms
Andfjordlmon Group AS Sloan Ratio % Historical Data
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The historical data trend for Andfjordlmon Group 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.
OSL:ANDF vs ADM, BG, TSN: Sloan Ratio % Comparison
For the Farm Products subindustry, Andfjordlmon Group 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.
Andfjordlmon Group AS Sloan Ratio % vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Andfjordlmon Group AS's Sloan Ratio % distribution charts can be found below:
* The bar in red indicates where Andfjordlmon Group 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.
Andfjordlmon Group AS's Sloan Ratio for the fiscal year that ended in Dec. 2025 is calculated as
Andfjordlmon Group AS's Net Income for the trailing twelve months (TTM) ended in Mar. 2026 was -26.791 (Jun. 2025 ) + -45.243 (Sep. 2025 ) + -54.293 (Dec. 2025 ) + -23.918 (Mar. 2026 ) = kr-150.25 Mil.
Andfjordlmon Group AS's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was -38.084 (Jun. 2025 ) + -25.066 (Sep. 2025 ) + -95.401 (Dec. 2025 ) + -66.786 (Mar. 2026 ) = kr-225.34 Mil.
Andfjordlmon Group AS's Cash Flow from Investing for the trailing twelve months (TTM) ended in Mar. 2026 was -262.101 (Jun. 2025 ) + -567.071 (Sep. 2025 ) + -453.315 (Dec. 2025 ) + -128.637 (Mar. 2026 ) = kr-1,411.12 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.
Andfjordlmon Group AS (OSL:ANDF) has a Sloan Ratio % of 28.79% as of Mar. 2026. Sloan ratio measures earnings quality based on the amount of accruals. View historical data on Andfjordlmon Group AS and its competitors.
Is Andfjordlmon Group AS's Sloan Ratio % too high?
Andfjordlmon Group AS's current Sloan Ratio % is 28.79%. Overall, Andfjordlmon Group AS has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Andfjordlmon Group AS's Sloan Ratio % compare to ADM and BG?
Andfjordlmon Group AS's Sloan Ratio % of 28.79% can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Sloan Ratio % depends on the Consumer Packaged Goods 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 Andfjordlmon Group AS and its competitors. Andfjordlmon Group AS's current Sloan Ratio % is 28.79%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Andfjordlmon Group AS stock overvalued right now?
Andfjordlmon Group AS (OSL:ANDF) has a current Sloan Ratio % of 28.79%. The current Sloan Ratio % is 28.79%. Andfjordlmon Group AS's overall GF Score™ is 20/100 with 7 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 Andfjordlmon Group AS (OSL:ANDF), the current Sloan Ratio % is 28.79% 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.
Andfjord Salmon Group AS is a Norwegian company engaged in salmon farming. The company's farming facility is located on Andoya, the northernmost island in the Arctic Archipelago of Lofoten, Vesteralen. The company's business is to farm salmon for the purpose of selling to third parties when the fish has reached a mature state. The company operated one salmon pool facility. The facility uses a seawater flow-through system that avoids issues with salmon lice and poisonous algae, prevents salmon escapement, and at the same time contributes to reduced feed waste.
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