Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
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.
As of Mar. 2026, Maynilad Water Services has a Sloan Ratio of 8.38%, indicating the company is in the safe zone and there is no funny business with accruals.
Maynilad Water Services (PHS:MYNLD) 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, Maynilad Water Services has a Sloan Ratio of 8.38%, indicating the company is in the safe zone and there is no funny business with accruals.
Maynilad Water Services Sloan Ratio % Related Terms
Maynilad Water Services Sloan Ratio % Historical Data
* 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:MYNLD vs AWK, WTRG, AWR: Sloan Ratio % Comparison
For the Utilities - Regulated Water subindustry, Maynilad Water Services'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.
Maynilad Water Services Sloan Ratio % vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Maynilad Water Services's Sloan Ratio % distribution charts can be found below:
* The bar in red indicates where Maynilad Water Services'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.
Maynilad Water Services's Sloan Ratio for the fiscal year that ended in Dec. 2025 is calculated as
Maynilad Water Services's Net Income for the trailing twelve months (TTM) ended in Mar. 2026 was 3847.756 (Jun. 2025 ) + 3944.963 (Sep. 2025 ) + 3807.674 (Dec. 2025 ) + 3992.272 (Mar. 2026 ) = ₱15,593 Mil.
Maynilad Water Services's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was 347.767 (Jun. 2025 ) + -1896.875 (Sep. 2025 ) + -2292.351 (Dec. 2025 ) + 76.432 (Mar. 2026 ) = ₱-3,765 Mil.
Maynilad Water Services's Cash Flow from Investing for the trailing twelve months (TTM) ended in Mar. 2026 was -747.88 (Jun. 2025 ) + -102.531 (Sep. 2025 ) + -555.691 (Dec. 2025 ) + -93.09 (Mar. 2026 ) = ₱-1,499 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.
Maynilad Water Services (PHS:MYNLD) has a Sloan Ratio % of 8.38% as of Mar. 2026. Sloan ratio measures earnings quality based on the amount of accruals. View historical data on Maynilad Water Services and its competitors.
Is Maynilad Water Services' Sloan Ratio % too high?
Maynilad Water Services' current Sloan Ratio % is 8.38%. Overall, Maynilad Water Services has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does Maynilad Water Services' Sloan Ratio % compare to AWK and WTRG?
Maynilad Water Services' Sloan Ratio % of 8.38% 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 Maynilad Water Services and its competitors. Maynilad Water Services's current Sloan Ratio % is 8.38%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maynilad Water Services stock overvalued right now?
Maynilad Water Services (PHS:MYNLD) has a current Sloan Ratio % of 8.38%. The current Sloan Ratio % is 8.38%. Maynilad Water Services' overall GF Score™ is 31/100 with 4 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 Maynilad Water Services (PHS:MYNLD), the current Sloan Ratio % is 8.38% 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.
Maynilad Water Services Inc is the water and wastewater services provider for the West Zone of the Greater Metro Manila area in the Philippines. It operates under a government concession to manage, operate, and invest in water distribution and sewerage systems, delivering safe, potable water and sanitation services to its customers. The company also offers sewerage connections where available and septic tank cleaning services in other areas, aiming to provide reliable and sustainable water and sanitation solutions.
31GF Score
Get the complete analysis for PHS:MYNLD
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
PHS:MYNLD has been successfully added to your 
