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Signatur Fastigheter AB (OSTO:SIGN B) Sloan Ratio % : 26.44% (As of Jun. 2021)


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What is Signatur Fastigheter AB Sloan Ratio %?

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.

Signatur Fastigheter AB's Sloan Ratio for the quarter that ended in Jun. 2021 was 26.44%.

As of Jun. 2021, Signatur Fastigheter AB has a Sloan Ratio of 26.44%, indicating there is a warning stage of accrual build up.


Signatur Fastigheter AB Sloan Ratio % Historical Data

The historical data trend for Signatur Fastigheter AB'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.

* Premium members only.

Signatur Fastigheter AB Sloan Ratio % Chart

Signatur Fastigheter AB Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Sloan Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.03 15.71 23.99 10.84 16.43

Signatur Fastigheter AB Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
Sloan Ratio % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 19.29 18.02 16.43 20.08 26.44

Competitive Comparison of Signatur Fastigheter AB's Sloan Ratio %

For the Real Estate - Development subindustry, Signatur Fastigheter AB'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.


Signatur Fastigheter AB's Sloan Ratio % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Signatur Fastigheter AB's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Signatur Fastigheter AB's Sloan Ratio % falls into.



Signatur Fastigheter AB 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.

Signatur Fastigheter AB's Sloan Ratio for the fiscal year that ended in Dec. 2020 is calculated as

Sloan Ratio=(Net Income (A: Dec. 2020 )-Cash Flow from Operations (A: Dec. 2020 )
-Cash Flow from Investing (A: Dec. 2020 ))/Total Assets (A: Dec. 2020 )
=(46.683--2.946
--116.025)/1008.134
=16.43%

Signatur Fastigheter AB's Sloan Ratio for the quarter that ended in Jun. 2021 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Jun. 2021 )
=(65.193-26.984
--368.908)/1539.558
=26.44%

Signatur Fastigheter AB's Net Income for the trailing twelve months (TTM) ended in Jun. 2021 was 10.808 (Sep. 2020 ) + 22.843 (Dec. 2020 ) + 0.826 (Mar. 2021 ) + 30.716 (Jun. 2021 ) = kr65.19 Mil.
Signatur Fastigheter AB's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2021 was 17.863 (Sep. 2020 ) + -4.727 (Dec. 2020 ) + 14.434 (Mar. 2021 ) + -0.586 (Jun. 2021 ) = kr26.98 Mil.
Signatur Fastigheter AB's Cash Flow from Investing for the trailing twelve months (TTM) ended in Jun. 2021 was 3.135 (Sep. 2020 ) + -58.111 (Dec. 2020 ) + -141.692 (Mar. 2021 ) + -172.24 (Jun. 2021 ) = kr-368.91 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.


Signatur Fastigheter AB  (OSTO:SIGN B) 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 Jun. 2021, Signatur Fastigheter AB has a Sloan Ratio of 26.44%, indicating there is a warning stage of accrual build up.


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Signatur Fastigheter AB (OSTO:SIGN B) Business Description

Traded in Other Exchanges
N/A
Address
Stjarnplan 3, Limhamn, SWE, 216 18
Signatur Fastigheter AB is a real estate company providing housing and community properties. The company's property portfolio includes housing, industrial and office.

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