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PUIGF (Puig Brands) Sloan Ratio % : 12.40% (As of Dec. 2024)


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What is Puig Brands 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.

Puig Brands's Sloan Ratio for the quarter that ended in Dec. 2024 was 12.40%.

As of Dec. 2024, Puig Brands has a Sloan Ratio of 12.40%, indicating there is a warning stage of accrual build up.


Puig Brands Sloan Ratio % Historical Data

The historical data trend for Puig Brands'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.

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Puig Brands Sloan Ratio % Chart

Puig Brands Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Sloan Ratio %
-2.85 14.44 2.53 11.99

Puig Brands Semi-Annual Data
Dec21 Dec22 Jun23 Dec23 Jun24 Dec24
Sloan Ratio % Get a 7-Day Free Trial - - 2.50 12.96 12.40

Competitive Comparison of Puig Brands's Sloan Ratio %

For the Household & Personal Products subindustry, Puig Brands'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.


Puig Brands's Sloan Ratio % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Puig Brands's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Puig Brands's Sloan Ratio % falls into.



Puig Brands 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.

Puig Brands's Sloan Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Sloan Ratio=(Net Income (A: Dec. 2024 )-Cash Flow from Operations (A: Dec. 2024 )
-Cash Flow from Investing (A: Dec. 2024 ))/Total Assets (A: Dec. 2024 )
=(555.653-774.547
--1299.008)/9008.586
=11.99%

Puig Brands's Sloan Ratio for the quarter that ended in Dec. 2024 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Dec. 2024 )
=(560.162-768.943
--1326.274)/9008.586
=12.40%

For company reported semi-annually, GuruFocus uses latest two semi-annual data as the TTM data. Puig Brands's Net Income for the trailing twelve months (TTM) ended in Dec. 2024 was 165.586 (Jun. 2024 ) + 394.576 (Dec. 2024 ) = $560 Mil.
Puig Brands's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2024 was -205.848 (Jun. 2024 ) + 974.791 (Dec. 2024 ) = $769 Mil.
Puig Brands's Cash Flow from Investing for the trailing twelve months (TTM) ended in Dec. 2024 was -1001.48 (Jun. 2024 ) + -324.794 (Dec. 2024 ) = $-1,326 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.


Puig Brands  (OTCPK:PUIGF) 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 Dec. 2024, Puig Brands has a Sloan Ratio of 12.40%, indicating there is a warning stage of accrual build up.


Puig Brands Sloan Ratio % Related Terms

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Puig Brands Business Description

Traded in Other Exchanges
Address
Plaza Europa 46-48, L Hospitalet de Llobregat, Barcelona, ESP, 08902
Puig is a premium beauty product maker that focuses on fragrances (76% of 2024 sales), with more limited exposure to color cosmetics (16%) and skincare (11%). Through a series of acquisitions, Puig has built a premium portfolio, including brands such as Rabanne, Carolina Herrera, Byredo, L'Artisan Parfumeur, Penhaligon's, Dries Van Noten, and Charlotte Tilbury, which contributes 95% of total sales. It also has long-term licensing agreements with Christian Louboutin, Adolfo Dominguez, and Antonio Banderas. Puig generates close to 55% of sales from Europe, 36% from the Americas, and 9% from Asia. The Puig family owns 70% of the economic interests in the company and 94% of the voting rights via a dual-class share structure.

Puig Brands Headlines