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.
Figaro Culinary Group's Sloan Ratio for the quarter that ended in Mar. 2026 was 15.82%.
As of Mar. 2026, Figaro Culinary Group has a Sloan Ratio of 15.82%, indicating there is a warning stage of accrual build up.
Figaro Culinary Group (PHS:FCG) 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, Figaro Culinary Group has a Sloan Ratio of 15.82%, indicating there is a warning stage of accrual build up.
Figaro Culinary Group Sloan Ratio % Related Terms
Figaro Culinary Group Sloan Ratio % Historical Data
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The historical data trend for Figaro Culinary Group'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.
PHS:FCG vs MCD, SBUX, YUM: Sloan Ratio % Comparison
For the Restaurants subindustry, Figaro Culinary Group'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.
Figaro Culinary Group Sloan Ratio % vs Restaurants Industry
For the Restaurants industry and Consumer Cyclical sector, Figaro Culinary Group's Sloan Ratio % distribution charts can be found below:
* The bar in red indicates where Figaro Culinary Group'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.
Figaro Culinary Group's Sloan Ratio for the fiscal year that ended in Jun. 2025 is calculated as
Figaro Culinary Group's Net Income for the trailing twelve months (TTM) ended in Mar. 2026 was 201.493 (Jun. 2025 ) + 101.065 (Sep. 2025 ) + 245.74 (Dec. 2025 ) + 105.527 (Mar. 2026 ) = ₱654 Mil.
Figaro Culinary Group's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was 1068.66 (Jun. 2025 ) + 301.03 (Sep. 2025 ) + 332.489 (Dec. 2025 ) + -520.207 (Mar. 2026 ) = ₱1,182 Mil.
Figaro Culinary Group's Cash Flow from Investing for the trailing twelve months (TTM) ended in Mar. 2026 was -1397.963 (Jun. 2025 ) + -315.272 (Sep. 2025 ) + -112.386 (Dec. 2025 ) + 322.647 (Mar. 2026 ) = ₱-1,503 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.
Figaro Culinary Group (PHS:FCG) has a Sloan Ratio % of 15.82% as of Mar. 2026. Sloan ratio measures earnings quality based on the amount of accruals. View historical data on Figaro Culinary Group and its competitors.
Is Figaro Culinary Group's Sloan Ratio % too high?
Figaro Culinary Group's current Sloan Ratio % is 15.82%. Overall, Figaro Culinary Group has a GF Score™ of 40/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Figaro Culinary Group's Sloan Ratio % compare to MCD and SBUX?
Figaro Culinary Group's Sloan Ratio % of 15.82% can be compared against companies in the Restaurants 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 Restaurants company?
A good Sloan Ratio % depends on the Restaurants 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 Figaro Culinary Group and its competitors. Figaro Culinary Group's current Sloan Ratio % is 15.82%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Figaro Culinary Group stock overvalued right now?
Based on GuruFocus' analysis, Figaro Culinary Group (PHS:FCG) is currently considered Significantly Undervalued. The stock's GF Value™ is ₱0.84, compared to a current price of ₱0.56 — trading 33.3% below its estimated fair value. The current Sloan Ratio % is 15.82%. Figaro Culinary Group's overall GF Score™ is 40/100 with 5 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 Figaro Culinary Group (PHS:FCG), the current Sloan Ratio % is 15.82% 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 Figaro Culinary Group (PHS:FCG) Overvalued in 2026?
Based on GuruFocus' analysis, Figaro Culinary Group stock appears to be undervalued.
The current stock price of ₱0.56 is trading 33.3% below its estimated GF Value™ of ₱0.84.
GuruFocus considers Figaro Culinary Group to be Significantly Undervalued.
Key valuation signals for PHS:FCG:
Sloan Ratio %: 15.82%
GF Value™: ₱0.84 vs. price of ₱0.56 (33.3% below fair value)
No single metric tells the full story. See the PHS:FCG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Figaro Culinary Group Inc formerly Figaro Coffee Group Inc is engaged in processing, manufacturing, packaging all kinds of food products, and establishing and maintaining restaurants, coffee shops, and refreshments parlors; to serve, arrange, cater foods, drinks, refreshments, and other food commodities. The brands of the company include Figaro Coffee. Angel's Pizza, Tien-Ma's Taiwanese Cuisine. The company earns majority of its revenue from Angel's Pizza.
40GF 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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