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.
PowerCell Sweden AB's Sloan Ratio for the quarter that ended in Mar. 2026 was 5.72%.
As of Mar. 2026, PowerCell Sweden AB has a Sloan Ratio of 5.72%, indicating the company is in the safe zone and there is no funny business with accruals.
PowerCell Sweden AB (OTCPK:PCELF) 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, PowerCell Sweden AB has a Sloan Ratio of 5.72%, indicating the company is in the safe zone and there is no funny business with accruals.
PowerCell Sweden AB Sloan Ratio % Related Terms
PowerCell Sweden AB Sloan Ratio % Historical Data
* Premium members only.
The historical data trend for PowerCell Sweden 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.
For the Electrical Equipment & Parts subindustry, PowerCell Sweden 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.
PowerCell Sweden AB Sloan Ratio % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, PowerCell Sweden AB's Sloan Ratio % distribution charts can be found below:
* The bar in red indicates where PowerCell Sweden 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.
PowerCell Sweden AB's Sloan Ratio for the fiscal year that ended in Dec. 2025 is calculated as
PowerCell Sweden AB's Net Income for the trailing twelve months (TTM) ended in Mar. 2026 was 2.347 (Jun. 2025 ) + -1.629 (Sep. 2025 ) + -2.257 (Dec. 2025 ) + -4.268 (Mar. 2026 ) = $-5.81 Mil.
PowerCell Sweden AB's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was 0.726 (Jun. 2025 ) + -6.124 (Sep. 2025 ) + 10.957 (Dec. 2025 ) + -9.947 (Mar. 2026 ) = $-4.39 Mil.
PowerCell Sweden AB's Cash Flow from Investing for the trailing twelve months (TTM) ended in Mar. 2026 was -2.576 (Jun. 2025 ) + -0.276 (Sep. 2025 ) + -3.145 (Dec. 2025 ) + 1.112 (Mar. 2026 ) = $-4.89 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.
PowerCell Sweden AB (PCELF) has a Sloan Ratio % of 5.72% as of Mar. 2026. Sloan ratio measures earnings quality based on the amount of accruals. View historical data on PowerCell Sweden AB and its competitors.
Is PowerCell Sweden AB's Sloan Ratio % too high?
PowerCell Sweden AB's current Sloan Ratio % is 5.72%. Overall, PowerCell Sweden AB has a GF Score™ of 81/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PowerCell Sweden AB's Sloan Ratio % compare to VRT and BE?
PowerCell Sweden AB's Sloan Ratio % of 5.72% 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 PowerCell Sweden AB and its competitors. PowerCell Sweden AB's current Sloan Ratio % is 5.72%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PowerCell Sweden AB stock overvalued right now?
Based on GuruFocus' analysis, PowerCell Sweden AB (PCELF) is currently considered Significantly Undervalued. The stock's GF Value™ is $2.65, compared to a current price of $1.91 — trading 27.9% below its estimated fair value. The current Sloan Ratio % is 5.72%. PowerCell Sweden AB's overall GF Score™ is 81/100 with 3 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 PowerCell Sweden AB (PCELF), the current Sloan Ratio % is 5.72% 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 PowerCell Sweden AB (PCELF) Overvalued in 2026?
Based on GuruFocus' analysis, PowerCell Sweden AB stock appears to be undervalued.
The current stock price of $1.91 is trading 27.9% below its estimated GF Value™ of $2.65.
GuruFocus considers PowerCell Sweden AB to be Significantly Undervalued.
Key valuation signals for PCELF:
Sloan Ratio %: 5.72%
GF Value™: $2.65 vs. price of $1.91 (27.9% below fair value)
No single metric tells the full story. See the PCELF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PowerCell Sweden AB is a Swedish company active in the field of clean energy. It develops, manufactures, and produces environmentally friendly electrical power systems for aviation, power generation, marine, off-road, and on-road segments. The company has developed a system of fuel cell platforms that are powered by pure or reformed hydrogen gas and generate electricity and heat without releasing any emissions other than water. It also provides services like consultation, support, modification, and turnkey solutions to its clients for transitioning to hydrogen electrification. Geographically, the company generates maximum revenue from its business in Germany, and the rest from the United Kingdom, Norway, the United States, Sweden, the Netherlands, Italy, and other regions.
81GF Score
Get the complete analysis for PCELF
Sloan Ratio % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
PCELF has been successfully added to your 
