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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.
Litgrid AB's Sloan Ratio for the quarter that ended in Jun. 2026 was 9.43%.
As of Jun. 2026, Litgrid AB has a Sloan Ratio of 9.43%, indicating the company is in the safe zone and there is no funny business with accruals.
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 Jun. 2026, Litgrid AB has a Sloan Ratio of 9.43%, indicating the company is in the safe zone and there is no funny business with accruals.
Litgrid AB Sloan Ratio % Related Terms
Litgrid AB Sloan Ratio % Historical Data
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The historical data trend for Litgrid 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.
OVSE:LGD1L vs NEE, SO, DUK: Sloan Ratio % Comparison
For the Utilities - Regulated Electric subindustry, Litgrid 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.
Litgrid AB Sloan Ratio % vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Litgrid AB's Sloan Ratio % distribution charts can be found below:
* The bar in red indicates where Litgrid AB'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.
Litgrid AB's Sloan Ratio for the fiscal year that ended in Dec. 2025 is calculated as
Litgrid AB's Net Income for the trailing twelve months (TTM) ended in Jun. 2026 was 6.713 (Sep. 2025 ) + 69.423 (Dec. 2025 ) + 37.172 (Mar. 2026 ) + 1.828 (Jun. 2026 ) = €115.1 Mil.
Litgrid AB's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was 59.385 (Sep. 2025 ) + 68.746 (Dec. 2025 ) + 59.917 (Mar. 2026 ) + 12.052 (Jun. 2026 ) = €200.1 Mil.
Litgrid AB's Cash Flow from Investing for the trailing twelve months (TTM) ended in Jun. 2026 was -59.108 (Sep. 2025 ) + -61.234 (Dec. 2025 ) + -63.862 (Mar. 2026 ) + 17.186 (Jun. 2026 ) = €-167.0 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.
Litgrid AB (OVSE:LGD1L) has a Sloan Ratio % of 9.43% as of Jun. 2026. Sloan ratio measures earnings quality based on the amount of accruals. View historical data on Litgrid AB and its competitors.
Is Litgrid AB's Sloan Ratio % too high?
Litgrid AB's current Sloan Ratio % is 9.43%. Overall, Litgrid AB has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Litgrid AB's Sloan Ratio % compare to NEE and SO?
Litgrid AB's Sloan Ratio % of 9.43% can be compared against companies in the Utilities - Regulated 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 Utilities - Regulated company?
A good Sloan Ratio % depends on the Utilities - Regulated 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 Litgrid AB and its competitors. Litgrid AB's current Sloan Ratio % is 9.43%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Litgrid AB stock overvalued right now?
Based on GuruFocus' analysis, Litgrid AB (OVSE:LGD1L) is currently considered Fairly Valued. The stock's GF Value™ is €1.03, compared to a current price of €1.12 — trading 8.7% above its estimated fair value. The current Sloan Ratio % is 9.43%. Litgrid AB's overall GF Score™ is 66/100 with 6 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 Litgrid AB (OVSE:LGD1L), the current Sloan Ratio % is 9.43% as of Jun. 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 Litgrid AB (OVSE:LGD1L) Overvalued in 2026?
Based on GuruFocus' analysis, Litgrid AB stock appears to be overvalued.
The current stock price of €1.12 is trading 8.7% above its estimated GF Value™ of €1.03.
GuruFocus considers Litgrid AB to be Fairly Valued.
Key valuation signals for OVSE:LGD1L:
Sloan Ratio %: 9.43%
GF Value™: €1.03 vs. price of €1.12 (8.7% above fair value)
No single metric tells the full story. See the OVSE:LGD1L stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Litgrid AB is engaged in the provision of electricity transmission and related services mainly in Lithuania. The services offered by the company include electricity transmission via high-voltage (110-400 kV) electrical installations; trading in imbalance and balancing energy to maintain the balance between production and consumption; system services; and data management. Its customers mainly include grid operators and producer and consumers connected to the transmission grid. Geographically, the company generates maximum revenue from its business in Lithuania, and the rest from Estonia, Sweden, Poland, Luxembourg, Latvia, Denmark, Norway, and other countries.
66GF Score
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